Freegold Ventures Ltd. is pleased to announce additional assay results from Freegold's current 10,000 metre drill program on its Golden Summit Project, near Fairbanks, Alaska. GSDL2002, collared 150 metres to the east of GSDL2001 , was an independent test of Freegold's new interpretation of the potential for higher grade material to extend to the west of the old Cleary Hill Mine workings. Hole GSDL2002 intersected 136 [...]
Eric Sprott announces that, on July 29, 2020, 2176423 Ontario Ltd., (a corporation which he beneficially owns) purchased 18,181,900 subscription receipts of Freegold Ventures Ltd, on a private placement basis, at a price of $1.10 per subscription receipt for aggregate consideration of $20,000,090. Each subscription receipt entitles the holder thereof to receive, without payment of any additional consideration, one unit [...]
Freegold Ventures Ltd. , announces that further to its news release of July 9, 2020, the Company has closed its fully subscribed brokered private placement for gross proceeds of $34,500,070 including over-allotment proceeds . Paradigm Capital acted as sole agent on the Private Placement. In connection with the Private Placement, the Company entered into an agency agreement dated July 29, 2020, between the Company and the [...]
Eric Sprott announces his holdings of securities of Freegold Ventures Ltd, all of which are through 2176423 Ontario Ltd., a corporation which is beneficially owned by him. Mr. Sprott beneficially owns and controls 38,916,278 common shares of shares Freegold Ventures (shares), 17,146,389 share purchase warrants and 21,850,326 subscription receipts, representing approximately 16.12% of the outstanding shares on a [...]
Freegold Ventures Ltd. , a growth-focused gold exploration and development company, announces that it intends to raise up to C$30 million via a best efforts brokered private placement . Paradigm Capital Inc. will act as sole agent on the Private Placement of subscription receipts . Each Subscription Receipt will be issued at a price of C$1.10 per share for gross proceeds of up to C$30 million. Each Subscription Receipt [...]
Freegold Ventures Ltd. – At the request of IIROC , Freegold wishes to confirm that it is not aware of any material, undisclosed information that would account for the recent increase in market price and level of trading volume of its ordinary shares. A 10,000 metre diamond drill program is currently in progress at Golden Summit. No results from that program are yet available. About Freegold Ventures Limited Freegold is a [...]
Freegold Ventures Ltd. is pleased to announce that drilling has recommenced on its Golden Summit Project near Fairbanks, Alaska. A Phase 1 - 10,000 metre drill program is planned, starting with the completion of Hole GSDL2002 which was shut-down at 165 metres in March due to safety concerns resulting from COVID 19. Holes GSDL2001 and GSDL2002 were initially planned to test Freegold's revised interpretation that the strike [...]
Freegold Ventures Ltd. announces that further to its news releases of May 7, 2020 and May 26, 2020, the Company has closed a fully subscribed second tranche of its previously announced brokered private placement for additional gross proceeds of $5,750,100, including over-allotment proceeds . Including proceeds from the first tranche, previously closed on May 26, 2020, the aggregate proceeds of the offering are [...]
Freegold Ventures Ltd. announces that further to its news release of May 7, 2020, the Company has closed the fully subscribed first tranche of its previously announced brokered private placement for aggregate gross proceeds of $5 million . Paradigm Capital Inc. acted as sole agent on the Private Placement of Units of the Company and subscription receipts . In connection with the Private Placement, the Company entered into [...]
Freegold Ventures Ltd. , a growth-focused gold exploration and development company, announces that it has agreed to issue, addition to the private placement announced on May 7, 2020 up to C$5 million via a second tranche best efforts brokered private placement . Paradigm Capital Inc. will act as sole agent on the Private Placement of subscription receipts . Each Subscription Receipt will be issued at a price of C$0.30 per [...]
Freegold Ventures Ltd. , a growth-focused gold exploration and development company, announces that it intends to raise up to C$5 million via a best efforts brokered private placement . Paradigm Capital Inc. will act as sole agent on the Private Placement of Units of the Company and subscription receipts . Each Unit and each Subscription Receipt will be issued at a price of C$0.17 per Unit for combined gross proceeds of up [...]
Freegold Ventures Ltd. is pleased to announce assay results from its temporarily suspended drill program on its Golden Summit Project near Fairbanks, Alaska. Drill results returned multiple intercepts of higher-grade mineralization within the projected extension of the Cleary Vein system . Hole GSDL2001 was drilled to a depth of 548 metres and intersected 188 metres grading 3.69 grams per tonne . Significantly, the last [...]