VANCOUVER, British Columbia, Jan. 12, 2018 -- Columbus Gold Corp. is pleased to announce that is has obtained conditional approval from the TSX Venture Exchange to list Allegiant Gold Ltd. . This was the last required condition to set the Share Distribution Record Date and to complete the spin-out of ALLEGIANT to Columbus shareholders. The Share Distribution Record Date is January 19, 2018. Only shareholders of record as [...]
Columbus Gold is pleased to announce that Columbus spin-out Allegiant Gold has strengthened its Board of Directors with the appointments of Russell Ball and Norm Pitcher as Independent Directors. Mr. Ball recently served as the Chief Financial Officer of Goldcorp and prior to that as Chief Financial Officer of Newmont. Mr. Pitcher is a former President of Eldorado Gold. “We’re extremely pleased to announce the [...]
Columbus Gold is pleased to announce that is has obtained conditional approval from the TSX for the Allegiant Gold spin-out Arrangement. This was one of the last two steps required to set the Share Distribution Record Date and to complete the spin-out of Allegiant Gold to Columbus shareholders. The last remaining step is to obtain conditional approval from the TSX Venture Exchange to list ALLEGIANT, which is currently [...]
Columbus Gold is pleased to announce that at a meeting of the Montagne d’Or joint-venture held on December 15th, 2017 the joint-venture board unanimously decided to proceed with construction of the Montagne d’Or gold mine in French Guiana. Commencement of construction is subject to a number of additional requirements, including a public consultation and receipt of required permits and authorizations. The [...]
Columbus Gold announces that its wholly owned subsidiary Allegiant Gold, has closed the brokered and non-brokered private placements of subscription receipts, as more particularly detailed in Columbus’ information circular dated October 27, 2017, for combined gross proceeds of $4,196,468.40. Under the terms of the subscription receipts, the proceeds are being held in escrow pending satisfaction of the conditions to [...]
Columbus Gold provides an update on the anticipated date of the Share Distribution Record Date, which determines the date upon which shareholders of record will be entitled to receive 1 share of Allegiant Gold, for every 5 shares they own of Columbus Gold. Columbus reported in its press release of November 7, 2017 that the Share Distribution Record Date, was anticipated to be December 11, 2017, but may be later depending [...]
Columbus Gold is pleased to announce that drilling has commenced at Columbus Gold’s 100% owned Eastside gold project in Nevada. The program is focused on expansion of the Original Zone, inside the pit to the west and to the south. Those areas of the pit are presently classified as waste since little to no drilling has been undertaken in those parts of the pit. The Original Zone at Eastside hosts an initial NI 43-101 [...]
VANCOUVER, British Columbia, Dec. 05, 2017 -- Columbus Gold Corp. is pleased to announce that 1,900 drill samples from its 100% owned Bolo gold project in Nevada, have been shipped to the assay lab. The drilling was completed in August 2017 and the samples were stored in sealed and wire strapped containers in Tonopah, Nevada pending completion of shareholder and Supreme Court approval of the Arrangement between Columbus [...]
Columbus Gold, is pleased to announce that it has obtained the final order of the Supreme Court of British Columbia approving the Arrangement with Allegiant Gold, an important step in completing the spin-out of ALLEGIANT to the shareholders of Columbus. ALLEGIANT has filed an application to list on the TSX Venture Exchange. ALLEGIANT owns 14 drill-ready projects in the United States, 11 of which are located in [...]
Columbus Gold announces further to its news release of November 7, 2017, the results of its Special General Meeting held November 27, 2017. In this regard a special resolution approving the Arrangement with Allegiant Gold and ordinary resolutions approving the accompanying private placement of subscription receipts of ALLEGIANT and the adoption of the ALLEGIANT stock option plan, all as detailed in Columbus' information [...]
Columbus Gold is pleased to announce that the Information Circular prepared in connection with the SGM to be held on November 27, 2017 to approve the Allegiant Gold spin-out has been mailed to Columbus Gold shareholders and filed on SEDAR together with the financial statements and MD&A of ALLEGIANT for the year ended September 30, 2016 and the nine months ended June 30, 2017. Shareholders of record on the Share [...]
Columbus Gold Corp. confirms that October 12, 2017 is the record date solely for the purpose of determining shareholders entitled to vote at its special general meeting of November 20, 2017 called for the purpose of approving the spin-out of Allegiant Gold, as detailed in a news release dated September 28, 2017. The date for determining the shareholders entitled to receive 1 share of ALLEGIANT for every 5 shares they own [...]