Ascot Resources Ltd. is pleased to announce results from the 2023 induced polarization geophysics program at the Company's Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. These results are from 28 IP lines totaling 29 line-kilometers across three grids - one grid near the Premier mill targeting the western extension of the Sebakwe Zone, one [...]
Ascot Resources Ltd. is pleased to announce the first batch of assay results from the 2023 exploration drill program at the Company's Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. These results are from surface drilling for in-fill and exploration purposes at the Prew Zone in the Premier deposit, southeast of the Premier mill. Highlights [...]
Ascot Resources Ltd. is pleased to announce the Company's unaudited financial results for the three months and six months ended June 30, 2023 , and also to provide a construction update on the Company's Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. For details of the unaudited condensed interim consolidated financial statements and [...]
Ascot Resources Ltd. is pleased to announce that pursuant to its News Release dated June 19, 2023, it has closed the US$14 million subordinated convertible credit facility with Nebari Gold Fund 1, LP . Proceeds from the Nebari Convertible Facility have been received in full and were used to repay principal and accrued interests and fees of Ascot's existing subordinated convertible credit facility with Beedie Investments [...]
Ascot Resources Ltd. reports that at its annual general meeting held today, June 22, 2023, Ascot's Shareholders approved by majority: to elect all seven directors standing for election; to re-appoint PricewaterhouseCoopers LLP as the Company's auditor; and the philosophy and design of the Company's executive compensation. Detailed results of the votes held by ballot at the AGM are set out below: Nominee Total Votes Cast [...]
Ascot Resources Ltd. is pleased to announce that it has entered into a definitive credit agreement with Nebari Gold Fund 1, LP , which consists of US$14 million subordinated convertible credit facility . The Nebari Convertible Facility is to refinance Ascot's existing Beedie Convertible Facility . In late 2020 and as part of a larger project financing package, Ascot entered into a US$25 million subordinated convertible [...]
Ascot Resources Ltd. is pleased to announce the Company's unaudited financial results for the three months ended March 31, 2023 , and also to provide a construction update on the Company's Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion [...]
Ascot Resources Ltd. is pleased to provide an overview of the 2023 exploration program at the Company's Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. The program consists of an initial 10,000 metres of surface drilling and will include exploration drilling for resource expansion as well as in-fill drilling of early mining areas at the Big [...]
Ascot Resources Ltd. is pleased to announce that pursuant to its news release dated April 12, 2023, the C$4.0 million non-brokered flow through private placement has been closed. The Offering raised total gross proceeds of C$4,050,000 and consisted of 5,000,000 common shares of the Company, which qualify as "flow-through shares" within the meaning of the Income Tax Act , at a price of C$0.81 per FT Share. The proceeds [...]
Ascot Resources Ltd. is pleased to announce a C$4.0 million non-brokered flow through private placement, the proceeds of which will be used to fund the 2023 exploration program at the Company's Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. Derek White, President and CEO, commented, "We are pleased to announce this flow through private [...]
Ascot Resources Ltd. announces the Company's audited consolidated financial results for the year ended December 31, 2022. For details of the audited consolidated financial statements, Management's Discussion and Analysis, and Annual Information Form for the year ended December 31, 2022, please see the Company's filings on SEDAR www.sedar.com. Derek White, President and CEO, commented, "2022 was a pivotal year for Ascot as [...]
Ascot Resources Ltd. is pleased to announce the publication of the Company's second annual Sustainability Report. This report will continue to evolve as Ascot progresses from development into production next year. The 2022 Sustainability Report can be accessed and downloaded at the address below. https://ascotgold.com/sustainability/sustainability-reports/ Derek White, President and CEO, commented, "In our second annual [...]