King’s Bay Gold is pleased to announce that, as a result of preliminary data compilation, the company has decided to increase the Lynx Lake Copper/Cobalt property in Labrador area from its original size of 20 square kilometers to approximately 240 square kilometers. King’s Bay believes that, in order to adequately cover the geological structures and geophysical signatures of interest, the property must be extended to the [...]
Vancouver, British Columbia (FSCwire) - King’s Bay Gold Corporation (TSX.V: KBG), (FSE: KGB1), operating as “King’s Bay”, a mining exploration and development company based in Vancouver, announces approval from Newfoundland and Labrador Government, Department of Natural Resources for the commencement of an electromagnetic survey in south eastern Labrador. The focus of the airborne survey is to locate high priority drill [...]
King's Bay is pleased to announce that it has completed a non-brokered private placement of 12,516,700 units at a price of $0.075 per Unit for gross proceeds of $938,752.50. Each Unit consists of one common share of the Company and one non-transferable common share purchase warrant. Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of $0.12 per Warrant Share for a period of [...]
Zimtu Capital announces it has signed an agreement with King’s Bay Gold Corporation for its ZimtuADVANTAGE program. ZimtuADVANTAGE is a program designed to provide opportunities, guidance, cost savings and assistance to companies covering multiple aspects of being a public company. The services may include building financial networks, building business networks, shared costs with other public companies, building a social [...]
King’s Bay Gold is pleased to announce a non-brokered private placement for of 13,333,333 Units of the Company at a price of $0.075 per Unit for gross proceeds of $1,000,000. Each Unit will consist of one common share and one share purchase warrant. Each Warrant will entitle the holder to purchase one additional common share of the Company at a price of $0.12 per share for a period of 24 months from closing. All or a [...]
Vancouver, British Columbia (FSCwire) - King’s Bay Gold Corporation (TSX.V: KBG), (FSE: KGB1), operating as “King’s Bay”, a mining exploration and development company based in Vancouver, has signed a definitive agreement to acquire 100% interest in a cobalt property located in southern Labrador. The Property The project consists of 66 mineral claims encompassing approximately 20 square kilometers, located 100km southeast [...]
Vancouver, British columbia (FSCwire) - King’s Bay Gold Corporation (TSXv: KBG) (the “Company” or “King’s Bay”) announces the appointment of Kevin Bottomley as President & Chief Executive Officer (CEO) of the Company. Kevin has spent the last 12 years with Zimtu Capital Corp. and Commerce Resources Corp. During that time Kevin has assisted in raising over 75 million dollars and has handled the corporate communications for [...]
Kings Bay Gold announces that the Company will not proceed with the proposed non-brokered private placement that was announced on June 9, 2016. ON BEHALF OF THE BOARD OF DIRECTORS Kings Bay Gold Corporation Dusan Berka Dusan Berka Director, President
Kings Bay Gold announces that further to its News Release of June 9, 2016, the TSX Venture Exchange has approved the consolidation of the common shares of the Company on the basis of ten (10) pre-consolidation Shares for one (1) post-consolidation Share. The Consolidation will become effective at the opening of the market on July 6, 2016. The Company’s symbol shall remain as “KBG”. Currently, a total of 282,561,233 [...]
King’s Bay Gold announces that the board of directors passed a resolution on June 8, 2016 to proceed with a consolidation of the common shares of the Company on the basis of ten (10) pre-consolidation shares for one (1) post consolidation share). The consolidation was approved by the Company’s shareholders at the Annual and Special Meeting held on May 31, 2016. This transaction is subject to TSX Venture Exchange [...]
Kings Bay Gold announces that it has closed a private placement of 29,500,000 shares at a price of $0.005 per share for proceeds of $147,500. The shares issued pursuant to the private placement are subject to a statutory hold period expiring four months and one day after September 28, 2016. Insiders of the Company subscribed for an aggregate of 9,500,000 shares under the private placement, which is a “related party [...]
Kings Bay Gold announces that it has closed a private placement of 153,834,320 shares at a price of $0.005 per share for proceeds of $771,671.60. The shares issued pursuant to the private placement are subject to a statutory hold period expiring four months and one day after August 27, 2016. Insiders of the Company subscribed for an aggregate of 15,500,500 shares under the private placement, which is a “related party [...]