Compass Gold announces that it has completed the transaction involving the acquisition by the Company of the remaining 49% equity interest in Africa Mining SARL from Transocean Finance Pty Ltd.and Madani Diallo, further to the Company's news release dated December 7, 2011. At the closing of the Transaction today, the Company issued a total of 30,000,000 common shares and 10,000,000 share purchase warrants of the Company [...]
Compass Gold announces that, at the special meeting of shareholders of the Company held yesterday, the Company received the requisite approval of shareholders to the related party transaction involving the acquisition by the Company of the remaining 49% equity interest in Africa Mining SARL from Transocean Finance Pty Ltd. and Madani Diallo, further to the Company's news releases dated August 17, 2011 and September 26 [...]
Compass Gold announces the completion of its private placement announced November 7, 2011 and has issued 35,000,000 units at a price of C$0.10 per unit for gross proceeds to the Company of C$3,500,000. Each unit consists of one common share and one transferable common share purchase warrant of the Company. Each common share purchase warrant entitles the holder to acquire one additional common share of the Company at a [...]
Compass Gold announces its intention to carry out a private placement of up to 35,000,000 units at a price of C$0.10 per unit for gross proceeds to the Company of up to C$3,500,000. Each unit will consist of one common share and one transferable common share purchase warrant of the Company. Each common share purchase warrant will entitle the holder to acquire one additional common share of the Company at a price of $0.15 [...]
Compass Gold announces that it has agreed with agent Delano Capital Corp. to cancel its proposed brokered private placement of units for proceeds of up to $3,600,000, previously announced on September 26, 2011. The Company is pursuing alternate financing arrangements and will update the market in due course.
Compass Gold announces that is has engaged Delano Capital Corp. to act as lead agent on behalf of a syndicate of agents to include Powerone Capital Markets Limited and Bayfront Capital Partners Ltd. in connection with a proposed best efforts private placement offering of units at a price of C$0.12 per unit for gross proceeds of up to C$3,600,000. Each unit will consist of one common share and one transferable common share [...]
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