Granada Gold Mine Inc.

Granada Gold Mine Inc. is pleased to announce that it will participate in a John Tumazos Very Independent Research LLC 2020 Conference webinar Friday, August 14, 2020 at 10 am Eastern. Frank Basa, President and CEO, will present a company update including the current drill program and bulk sampling activity underway at the Granada deposit and the planned revision of the deposit's resource estimate to include 2019 and 2020 [...]

Mr. Frank J. Basa reports: Granada Gold Mine is pleased to provide an update of its 2020 High-Grade exploration and bulk sampling program. Highlights: Grab sample returns 55.6 grams per tonne native gold from 1220 kilograms of mineralized material taken from surface over a 3-meter strike length on Vein No 1 structure where diamond drill hole GR-19-A intersected 11.45 g/t gold from 0 to 33 metres core length . Sample was [...]

Granada Gold Mine is pleased to announce that the Company has closed a flow-through private placement financing raising gross proceeds of $800,000. The Company has issued 3,200,000 flow-through shares at a price of $0.25 per flow-through share, subject to TSX Venture Exchange approval. Finder's fees totaling $56,000 in cash and 224,000 finder warrants were paid connection with the financing. Each finder warrant is [...]

Mr. Frank Basa reports: Granada Gold Mine is pleased to report that it has retained the services of Innovexplo with a site visit this past week at the Granada Mine Site for a revised 43-101 resource. Innovexplo - Established in 2003, their mission is to contribute in an innovating, objective and efficient manner to the evolution of mining projects by offering a complete and integrated range of dependable and top-quality [...]

Granada Gold Mine Inc. is pleased to announce that it has completed its previously-announced sale to Canada Silver Cobalt Works Inc. of a back-in option on five mining leases forming part of the Castle Silver Cobalt Mine property in Ontario. In payment, Canada Silver Cobalt issued 2,941,000 common shares to the Company at a deemed price of $0.51 per share, for total deemed consideration of approximately $1,500,000. Each [...]

Canada Silver Cobalt Works Inc. has entered into a Purchase and Sale Agreement with Granada Gold Mine Inc. pursuant to which Canada Silver Cobalt will repurchase from Granada Gold a back-in option on five mining leases at Castle East, forming part of the Castle mine property near Gowganda, Ontario. In payment, Canada Silver Cobalt will issue 2,941,000 common shares to Granada Gold at a deemed price of $0.51 per share, for [...]

Mr. Frank Basa reports: Granada Gold Mine is pleased to report that it has retained the services of Tetra Tech to begin a gap analysis to amend our current Certificate of Authorisation for an on-site mill at Granada. Tetra Tech is a leading provider of consulting and engineering services. The Company supports government and commercial clients by providing innovative solutions focused on water, environment, infrastructure [...]

Mr. Frank Basa reports: ROUYN-NORANDA, QC, June 2, 2020 /CNW/ - Granada Gold Mine is pleased to provide an update of its 2020 plans and activities aimed at exploration and bulk sampling. Highlights: Diamond drilling aims to focus on the high-grade Vein No. 1 structure. To date, the structure has been traced for 500 metres on surface Completion of bulk sample of high-grade Vein No. 1, targeting 30-50 tonnes mineralized [...]

ROUYN NORANDA, QC, May 13, 2020 /CNW/ - Granada Gold Mine Inc. is pleased to announce that further to the Company's news release dated May 8, 2020, the Company has now closed its second and final tranche of the of its non-brokered private placement financing raising additional proceeds of $382,000 by the issuance of 3,820,000 units at a price of $0.10 per unit. The Company has raised total of $1,200,000 in both tranches [...]

Granada Gold Mine is pleased to announce that the Company has closed the first tranche of its non-brokered private placement financing raising gross proceeds of $818,000. A total of 8,180,000 units were issued at $0.10 per unit. Each unit consists of one common share in the capital of the Company and one share purchase warrant. Each warrant entitles the holder to purchase one share of the Company for a period of two years [...]