Midas Gold Corp. today announced that it has amended the investor rights agreement dated May 16, 2018 entered into with Barrick Gold Corp. in conjunction with Barrick’s US$38 million investment in Midas Gold completed in May 2018. These amendments were made at Midas Gold’s request and are designed to increase financing flexibility and options for Midas Gold, including a commitment by Barrick to provide a lead [...]
*** Not for distribution to United States newswire services or for dissemination in the United States*** Midas Gold Corp. today announced that it filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces of Canada, except Quebec. The base shelf prospectus has not yet become final for the purpose of the sale of any Securities. When final, the Shelf Prospectus would allow [...]
Midas Gold Corp. today announced that it has appointed Jaimie Donovan to its Board of Directors, replacing Mark Hill, who resigned as Barrick’s representative from the Company’s Board. “We welcome Ms. Donovan to the Board of Directors of Midas Gold and look forward to benefiting from her technical and capital markets expertise,” said Peter Nixon, Chairman of Midas Gold’s Board of Directors [...]
Midas Gold Corp. today announced that it has been advised that the United States Forest Service anticipates issuing a Draft Environmental Impact Statement for public comment in Q3 2019, with a Final EIS and Draft Record of Decision anticipated in Q2 2020 for the Stibnite Gold Project . This schedule would put the Final ROD for the Project in Q3 2020. The USFS, in cooperation with the six other federal, state and local [...]
Midas Gold Corp. , its wholly owned subsidiary, Midas Gold Idaho, Inc. and seven of the communities closest to the Stibnite Gold Project site have officially established a community agreement. Through the creation of the Stibnite Advisory Council, the agreement establishes a collaborative environment for the companies and local communities to work together throughout the life of the project and provides a venue for cities [...]
Midas Gold Corp. today announced that the Nez Perce Tribal Executive Committee has adopted a resolution formally opposing the Company’s proposed Stibnite Gold Project. The Nez Perce Tribe is one of the three tribes being consulted by the U.S. Forest Service under the National Environmental Policy Act review process. “Naturally, we are disappointed in the decision by the Nez Perce Tribal Executive [...]
Midas Gold Corp. today announced that the United States Forest Service has provided its quarterly update to the anticipated permitting schedule for Midas Gold’s Stibnite Gold Project , which is located in Valley County, 39 miles east of McCall and 14 miles from Yellow Pine, Idaho. The USFS, in cooperation with the six other federal, state and local agencies responsible for the permitting of the Project, anticipates [...]
Midas Gold Corp. today announced that Midas Gold Idaho, Inc., has appointed L. Michael Bogert as General Counsel of MGII, a wholly-owned subsidiary of Midas Gold Corp. and the operating company for the Stibnite Gold Project in central Idaho. “We welcome Michael Bogert into his new role and look forward to benefitting from his expertise in the Federal regulatory system, and his considerable experience at the State [...]
Midas Gold Corp. today announced that it has appointed Brad Doores to its Board of Directors, replacing Michael Bogert, who has stepped down from the Board in a planned transition to working more closely with the Company on permitting-related matters. “We welcome Mr. Doores to the Board of Directors of Midas Gold and look forward to benefiting from his extensive permitting, social licence and operational [...]
Midas Gold today announced the United States Forest Service has provided its quarterly update to the anticipated permitting schedule for Midas Gold’s Stibnite Gold Project, which is located in Valley County, 39 miles east of McCall and 14 miles from Yellow Pine, Idaho. The USFS, in cooperation with the six other federal, state and local agencies responsible for the permitting schedule, now anticipates issuing a [...]
Senior Barrick Executive, Mark Hill, Appointed to the Board of Directors VANCOUVER, British Columbia, May 22, 2018 -- Midas Gold Corp. today announced that it has increased the size of its board of directors from seven to eight and appointed Mark Hill, Chief Investment Officer with Barrick Gold Corp. to fill the additional position. The increase in board size and the appointment of a Barrick nominee to the board of [...]
Midas Gold today announced that Barrick Gold has purchased 46,551,731 common shares of Midas Gold in a non-brokered private placement at a price of C$1.06 per share for gross proceeds of US$38,065,907. As a result of the Placement, Barrick owns 19.9% of the issued and outstanding shares in Midas Gold on closing. Barrick’s investment supports Midas Gold’s continued efforts to complete a feasibility study and [...]