Independence Gold Corp. wishes to announce that it has closed a second and final tranche of the non-brokered private placement announced on December 8, 2020 . The Company issued 4,285,714 units at a price of $0.14 per Unit for proceeds of $599,999.96 , and 4,687,500 flow-through common shares , and together with the Units, the “Securities”) at a price of $0.16 per FT Common Share for proceeds of $750,000 . Including the [...]
Independence Gold Corp. wishes to announce that a first tranche of its previously announced non-brokered private placement raising proceeds of $800,000 in flow-through funds from the issuance and sale of an aggregate of 5,000,000 flow-through common shares at a price of $0.16 per FT Common Share, has closed. In connection with the closing of the First Tranche, the Company paid a finder’s fee of $24,000 cash and issued [...]
Independence Gold Corp. wishes to announce the granting of incentive stock options to certain consultants and employees to purchase up to 550,000 common shares under the Company’s Incentive Stock Option Plan. The options will be granted for a period of five years, commencing on December 18, 2020, exercisable at a price of $0.18 per share. of Independence Gold Corp. “Randy Turner” Randy Turner, President and CEO Neither [...]
Independence Gold Corp. wishes to announce that due to demand it has increased the size of its initially announced $1.5 million private placement financing . The increase will allow for up to 9,375,000 flow-through common shares at a price of $0.16 FT Share, for aggregate proceeds of $1,500,000; and 4,285,714 additional common shares at a price of $0.14 per Unit for aggregate proceeds of $600,000. Each Unit will consist [...]
Independence Gold Corp. wishes to announce a proposed equity financing comprised of 6,250,000 flow-through common shares at a price of $0.16 per FT Share, for aggregate proceeds of $1,000,000; and 3,571,428 additional common shares at a price of $0.14 per Unit for aggregate proceeds of $500,000. Each Unit will consist of one common share of the Company and one half of one common share purchase warrant . Each Warrant will [...]
Independence Gold Corp. is pleased to report assay results from two drillholes completed on its 100% owned 3Ts Project . Drillholes 3T-20-09 and 3T-20-10 tested the underexplored Ted-Mint Offset Vein, which occurs in a faulted contact between the Ted Vein and the Mint Veins to the south and north, respectively. The results are highlighted by drillhole 3T-20-10, which intersected the Ted-Mint Offset Vein between 51.0 and [...]
Independence Gold Corp. is pleased to report assay results from the first two drillholes of a ten hole, 2,034 metre diamond drilling program recently completed on its 100% owned 3Ts Project . Drillholes 3T-20-01 and 3T-20-02 intersected the Tommy mineralized vein structure within an 86 m wide gap between drillholes completed in the 1990s. Drillholes 3T-20-01 and 3T-20-02 were drilled at -46˚ and -63˚ inclination, respectively, with the Tommy Vein vertically dipping. The 3Ts Project is located approximately 185 kilometres southwest of Prince George, British Columbia and situated 20 km southwest of Artemis Gold’s Blackwater Gold Deposit. Please refer to the website for maps showing the vein locations. Highlights from the initial assay results of the program incl... [...]
Independence Gold Corp. is pleased to the announce results and findings from follow up exploration at the Merit Property , located in the prospective Spences Bridge Gold Belt. Activity targeted several zones identified during the 2019 season with the objective of further understanding, delineating, and expanding targets. Sullivan Ridge Target Sullivan Ridge is an elongated, dome-shaped hill in the northern portion of the [...]
Independence Gold Corp. is pleased to announce the commencement of a diamond drilling program at its 100% owned 3Ts Project, located approximately 185 kilometres southwest of Prince George, British Columbia and situated 20 km southwest of Artemis Gold Inc.’s Blackwater Project. The initial program will consist of 11 drill holes totaling approximately 2,200 metres . The targets are largely based on the extensive [...]
Independence Gold Corp. is pleased to announce that exploration work has commenced on the Merit and Nicoamen properties, located in the Spences Bridge Gold Belt, British Columbia. Exploration work will consist of geological mapping, prospecting, and surface sampling. Both projects were explored in 2019 and several new gold and silver targets were defined during the field exploration program primarily focused on [...]
Independence Gold Corp. wishes to announce that it has closed the non-brokered private placement announced on July 22, 2020. The Company has issued 14,285,714 units priced at $0.07 per unit for gross proceeds of C$ 1,000,000. Each Unit issued under the private placement consisted of one common share in the capital of the Company and one transferable common share purchase warrant . Each Warrant entitles the holder thereof [...]
Independence Gold Corp. wishes to announce a proposed private placement offering of up to 14,285,714 units at a price of $0.07 per Unit for gross proceeds of up to $1.0 million . Each Unit will consist of one common share and one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one additional common share of the Company for a period of two years from the date of the close at an [...]