Compass Gold Corp.

Compass Gold Corp. announced today that it has entered into letter agreement pursuant to which Canaccord Genuity Corp. has agreed to act as sole agent and bookrunner , in connection with a best efforts private placement of a minimum of 21,052,630 and up to a maximum of 26,315,800 units of the Company at a price of $0.19 per Unit for gross proceeds of between approximately $4,000,000 and $5,000,000 . Each Unit will consist [...]

Compass Gold reports that the Malian Ministry of Mines is expected to issue a Small Mine Permit for the Company's Massala prospect. Small Mine Permit for Massala remains on track Completing the second bulk sample testing using fine-grind processing Completing metallurgical testing at Blue Coast Research Finalizing initial high-grade processing solution on Compass permit area Compass CEO Larry Phillips said, "We continue [...]

Compass Gold announced today that it intends to extend the expiry date of an aggregate of 7,298,668 common share purchase warrants to Dec 31, 2026. All other terms of the Warrants, including the exercise price, will remain unchanged. The Warrants were originally issued pursuant to a private placement of units, each unit comprising one common share and one Warrant, which closed on June 3, 2022. Prior to this most recent [...]

Compass Gold is pleased to report that the Ministry of Environment, Sanitation and Sustainable Development of Mali has granted the Company's Environmental Permit, clearing the way for the Ministry of Mines to issue a Small Mine Permit for the Company's Massala prospect. Highlights: Receipt of Environmental Permit was the critical last step in the Massala Small Mine Permit application process Final Small Mine Permit [...]

Compass Gold announced today that it has issued, on a non-brokered private placement basis, 4,666,667 units of the Company, at a price of $0.15 per Unit, for aggregate gross proceeds of $700,000. Each Unit consisted of one common share of the Company and one-half of one Common Share purchase warrant, with each Warrant entitling the holder thereof to purchase one additional Common Share at a price of $0.20 for a period of [...]

Compass Gold is pleased to announce that it intends to issue, on a non-brokered private placement basis, 4,000,000 units of the Company, at a price of $0.15 per Unit, for aggregate gross proceeds of $600,000. Each Unit will consist of one common share of the Company and one-half of one Common Share purchase warrant, with each Warrant entitling the holder thereof to purchase one additional Common Share at a price of $0.20 [...]

Compass Gold is pleased to announce the appointment of Stephen Eddy to the Board of Directors. "On behalf of our Board and Executive team, I can say that we are extremely pleased to have Stephen join us, particularly as the Company is advancing its strategy to develop its first small gold mine in Mali and to generate cash flow for operations in the near future," said Compass Chairman Joe Conway. "His background and [...]

Compass Gold is pleased to provide a further update on the important advances the Company has made at the Massala Gold Project located along a 3 km section of the 14 km Tarabala Trend, within the Company's Sikasso Property. Initial gold recoveries have been achieved under Bulk Sampling Authorization Initial mineralized rock processing recoveries and grade confirmations will provide valuable data to optimize the Massala [...]

Compass Gold announced today that the holders of outstanding convertible debentures of the Company due June 30, 2025 have agreed to convert 93% the aggregate principal amount due under such Convertible Debentures into common shares of the Company. Specifically, the Convertible Debentures were issued as follows: On June 30, 2023, the Company issued Convertible Debentures in an aggregate principal amount of $650,000, such [...]

Compass Gold announced that it intends to extend the expiry date of an aggregate of 7,298,668 common share purchase warrants to Dec 31, 2025. All other terms of the Warrants, including the exercise price, will remain unchanged. The Warrants were originally issued pursuant to a private placement of units, each unit comprised of one common share and one Warrant, that closed on June 3, 2022. Prior to the Warrant Extension [...]