Columbus Gold Corp. is pleased to announce a non-brokered private placement for gross proceeds of CDN$2.5 million, fully subscribed by Sandstorm Gold Ltd. . After giving effect to the Sandstorm Private Placement, Sandstorm will hold approximately 8% of the outstanding common shares of Columbus. Rock Lefrançois, President & CEO of Columbus, commented: “This significant investment from a sophisticated corporate [...]
Columbus Gold Corp. is pleased announce that in September the French government appointed Didier Le Moine as the new mining delegate and coordinator of mining projects in French Guiana. Mr. Le Moine, a mining engineer, formally held the position of Director of Industry, Mines and Energy in the French overseas territory of New Caledonia, where a nickel mining industry was successfully established. Mr. Le Moine’s new [...]
Columbus Gold Corp. is pleased to report on the recent statements on the development of the gold mining sector in French Guiana, France, including comments by the President of French Guiana, whom continues to be a strong and vocal proponent for the development of the Montagne d’Or gold project of the Columbus and Nordgold joint-venture. The President of France, Emmanuel Macron, attended the Alliance for Rainforests [...]
Columbus Gold Corp. announces the adoption of a Shareholder Rights Plan , which replaces the previously adopted Shareholder Rights Plan that expired in March 2019. The Rights Plan takes into account the takeover bid rules adopted by the Canadian Securities Administrators . The CSA have approved some changes to the takeover bid regime in Canada, including that a formal bid must remain open for acceptance for at least 105 [...]
Columbus Gold Corp. is pleased to report on activities at the Maripa gold project located in French Guiana. Columbus entered into an agreement in July 2018 with IAMGOLD Corporation to acquire up to a 70% interest in Maripa. Maripa adjoins to the south the Boulanger project being developed by the Barrick Gold / Reunion Gold joint-venture, where a high-grade gold discovery was recently announced. The promising Filon Dron [...]
Columbus Gold Corp. announces that Russell Ball has resigned as a director effective September 30, 2019, to take on the CEO role at Calibre Mining Corp. A replacement for Mr. Ball will be announced in due-course. The board of Columbus would like to thank Mr. Ball for his commitment and for his contributions in forming, and advancing the business of Columbus. About Columbus Gold Columbus Gold is French Guiana’s [...]
Columbus Gold Corp. is pleased to announce that it has closed the first tranche of its previously announced private placement , raising gross proceeds of CAD$456,000 through the issuance of 2,850,000 units at a price of CAD$0.16 per unit. Each unit is comprised of one common share of Columbus , and a half warrant. Each full warrant entitles the holder, on exercise, to purchase one Share at a price of CAD$0.32, for a [...]
Columbus Gold Corp. is pleased to provide an update on the Montagne d’Or gold project. Montagne d’Or continues to garner strong local support as a catalyst for economic growth of French Guiana. Socio-economic stakeholders and local elected officials and MPs, including 4 out of 5 local labour unions; Rodolphe Alexandre, President of French Guiana; Georges Patient, representing French Guiana in the upper house [...]
Columbus Gold Corp. is pleased to provide an update on the on-going exploration program at the Maripa gold project located in French Guiana, France. Columbus entered into an agreement in July 2018 with IAMGOLD Corporation to acquire up to a 70% interest in Maripa . Maripa is located along a paved national road, approximately 50 kilometers south of the capital city of Cayenne. The project is comprised of up to five [...]
Columbus Gold Corp. is pleased to announce a non-brokered private placement for gross proceeds of up to CDN$1 million. The private placement* will be for up to 6,250,000 units at a price of $0.16 per unit. Each unit will be comprised of one common share of Columbus, and a half warrant. Each full warrant will entitle the holder, on exercise, to purchase one common share of Columbus at a price of $0.32, for a period of 18 [...]
Columbus Gold Corp. is pleased to announce that it has signed a Letter of Intent to acquire a pending exploration permit from a third party as part of its strategy to consolidate a portfolio of high-quality gold exploration projects in French Guiana, France. The exploration permit covers the core of one of the most prominent placer gold mining districts in French Guiana, which is currently exposed to illegal artisanal [...]
Columbus Gold Corp. is pleased to provide an update on the development of the newly acquired Maripa gold project located in French Guiana, France: Columbus entered into an agreement in July 2018 with IAMGold Corp. to acquire up to a 70% interest in the Maripa gold project . Historical exploration data in digital format was received from IAMGOLD. The data was integrated into an ArcGIS project. Geological, geochemical and [...]