Corporation reports results from first three holes out of a seven-hole, 2,502-metre program Best results include: Hole OBS-20-002: 47.4 g/t Au, 87.6 g/t Ag and 7.06% Cu over 1.1 metres, and 67.1 g/t Au, 40.1 g/t Ag and 2.32% Cu over 0.5 metres Hole OBS-20-001: 12.45 g/t Au, 17.7 g/t Ag and 0.53% Cu over 0.65 metres Strong results warrant follow-up 10,000-metre drilling program, to start in the Spring MONTREAL, March 10 [...]
Approximately 262 samples from the first three holes were sent to ALS Global for analysis. TomaGold begins the second part of its 2,500-metre drilling program, which also includes three holes. The Corporation will also carry out exploration drilling on Monster Lake East after completing drilling on Obalski. MONTREAL, Jan. 22, 2021 -- TomaGold Corp. is pleased to report preliminary results from its 2,500-metre drilling [...]
TomaGold Corp. is pleased to announce that it has completed a second closing of the previously announced non-brokered private placement for aggregate gross proceeds of $239,784 , consisting of common and flow-through units. The Offering consists of the issuance of: 1,934,800 common units at a price of $0.08 per Common Unit for an amount of $154,784. Each Common Unit is comprised of one common share of the Corporation and [...]
TomaGold Corp. is pleased to announce that it has closed a non-brokered private placement for aggregate gross proceeds of $869,500 , consisting of common and flow-through units. The Offering consists of the issuance of: 2,406,250 common units at a price of $0.08 per Common Unit for an amount of $192,500. Each Common Unit is comprised of one common share of the Corporation and one warrant. Each warrant entitles its holder [...]
TomaGold Corp. is pleased to announce that it has started drilling on its Obalski property. This initial seven-hole, 2,500-metre drilling program will verify historical results obtained from holes OBS-88-030, S-51-010 and OBS-87-002, with holes to be drilled on the same cross-sections, 30 metres above and 30 metres below the historical values. The main purpose of this drilling program is to better define the A-PO zone [...]
TomaGold Corp. is pleased to announce that it has closed the transaction with IAMGOLD Corporation for the sale of the Corporation's 25% undivided interest in the Monster Lake project and the related mineral rights . In consideration, IAMGOLD paid $500,000 in cash and issued 1,464,377 common shares to TomaGold. The Transaction, as described in TomaGold’s circular, constituted a related party transaction, which required [...]
TomaGold Corp. is pleased to report the results of its annual general and special meeting of shareholders, held virtually via teleconference today at 10 a.m. . A total of 98 shareholders, holding 70,734,969 shares or 50.43% of the issued and outstanding shares of TomaGold, were represented at the meeting. The shareholders approved the sale of the Corporation’s 25% undivided interest in the Monster Lake project and related [...]
TomaGold Corp. is pleased to announce that its current Board of Directors has proposed a slate of directors for the upcoming Annual General and Special Meeting of shareholders scheduled for November 6, 2020. TomaGold’s proposed slate of directors to be voted on at the Meeting will consist of the following: David Grondin, Michel E. Labrousse, Jean-S?bastien Jacquetin, Caitlin Jeffs, Albert Contardi and Wanda Cutler. Robert [...]
TomaGold Corp. is pleased to announce the signing of an asset purchase agreement for the sale of its 25% interest in the Monster Lake Project to IAMGOLD Corporation . The Monster Lake Project comprises the Monster Lake, Winchester and Lac ? l’eau jaune properties located in the Chibougamau mining camp in Quebec. IAMGOLD will pay TomaGold $8.5 million as consideration for the Minority Interest, consisting of $500,000 in [...]
TomaGold Corp. is pleased to report that it has completed its earn-in to acquire a 100% interest in the Obalski property by making a final payment of $100,000 to David Malouf and 2736-1179 Quebec Inc. On May 31, 2016, TomaGold entered into an agreement to acquire the property in exchange for the issuance of 4 million shares of the Corporation and cash payments totalling $500,000 over four years. “We are now the proud sole [...]
TomaGold Corp. is pleased to announce that its shares will resume trading on the TSX Venture Exchange on August 31, 2020. On August 26, 2020, the Corporation closed the acquisition of the 2.5% interest held by Quinto Resources Inc. in the Monster Lake property. In consideration, the Corporation paid an amount of $250,000 to Quinto and returned 750,000 shares of Quinto held by TomaGold. TomaGold now holds a 25% interest in [...]
TomaGold Corp. announces that it has decided to end its proposed spin-out. Trading of the Company's shares was halted on January 25, 2019 in accordance with the policies of the TSX Venture Exchange pending completion of the proposed spin-out. Given the termination of the proposed spin-out, the Corporation will file an application with the TSXV to request that trading of its common shares be resumed on the TSXV. The [...]
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