Karus Gold Corp. announces details on its planned 2021 exploration program on the 1,000 square km South Cariboo Gold District in BC. Karus Gold is planning a multi-staged program to realize the following objectives. Karus Gold CEO Andrew Kaip comments, "Our 2021 exploration program is designed to unlock value of the South Cariboo Gold District and [...]
Karus Gold Corp. announces additional high-grade gold drill results including 12.4 m of 4.3 g/t gold in hole FG-20-376, starting at 239.4 m downhole in the Lower Zone of the FG Gold Project, part of the 1,000 square km South Cariboo Gold Property in BC. Additionally, hole FG-20-376 which intercepted 62.3 m of 1.7 g/t gold, confirms broad [...]
Karus Gold Corp. is pleased to announce that the rights offering previously announced February 1, 2021 for 26,556,228 common shares with gross proceeds of CDN$3,983,434 has closed. Karus Gold remains on track for a TSX Venture exchange listing in Q2 2021. Karus Gold CEO Andrew Kaip commented, "The rights offering saw strong support from our [...]
Karus Gold Corp. is pleased to announce the appointment of Mr. Andrew Kaip as President and CEO effective immediately. As CEO, Mr. Kaip has also been appointed to the Board of Directors. Karus has also appointed Mr. David Whittle as Director and Chairman of the Audit Committee. Karus founder and Executive Chairman, James Hynes, commented, "On [...]
Karus Gold Corp. is pleased to announce that it will be conducting a rights offering to holders of its common shares at the close of business on the record date of Feb 8, 2021. The offering will be for 26,556,228 common shares to raise gross proceeds of CDN$3,983,434. The Rights Offering is being undertaken to provide funds for exploration [...]
Kore Mining Ltd. and Karus Gold Corp. are pleased to announce that they have closed the plan of arrangement previously announced on December 16, 2020, pursuant to which KORE has spun-out its Canadian assets to Karus Gold effective as of 12:01 a.m. on January 25, 2021. KORE CEO and Karus Gold Director, Scott Trebilcock commented, "Karus Gold is well [...]
Kore Mining Ltd. is pleased to announce that with respect to its special meeting of shareholders held today, all of the resolutions were duly passed, including the special resolution to approve the proposed plan of arrangement pursuant to which KORE will spin-out its British Columbia exploration assets to Karus Gold Corp. KORE CEO Scott Trebilcock [...]
Kore Mining Ltd. is pleased to provide an update on the proposed transfer of all of its British Columbia gold exploration assets into a newly incorporated company called Karus Gold Corp. Updates and Next Steps: Spin Out requires approval at the virtual KORE shareholder meeting on January 20, 2021 Meeting materials filed and mailed in late December [...]
Kore Mining Ltd. is pleased to announce plans to transfer all of its British Columbia gold exploration assets into a newly incorporated company: Karus Gold Corp. Highlights of Karus Gold: Unlocks value of BC assets for KORE shareholders through creation of Karus Gold Dominant 1,000 km2 land position in the emerging Cariboo Gold District with [...]