GoldON Resources is pleased to announce it has acquired five unpatented mining claims near Pickle Lake, Ontario, Canada. These claims, which were acquired by staking and are held 100% by GoldON Resources and adjoin the Pickle Crow Gold Project now held by First Mining Finance Corp. since it acquired PC Gold Inc. last November. The Pickle Crow Project is host to a National Instrument (NI) 43-101 compliant inferred resource [...]
GoldON Resources is pleased to announce it has negotiated an amendment to the option agreement to acquire a 100% interest in the Slate Falls gold and silver property, located in Northwestern Ontario’s Patricia Mining Division. Pursuant to the amended terms, the Company has completed the share issuance requirements of the option agreement and the due dates for the three remaining cash payments have each been extended for [...]
GoldON Resources today announced analytical results for the drill hole completed on the Neville-Potier property last fall. As reported January 14, 2016, a single 210 meter (m) hole (NEV15-11) was drilled to test an in-phase VLF cross-over response that lies immediately north (150m) of a sub-angular altered felsic volcanic float boulder that returned 2.19 g/t Au in previous sampling.
GoldON Resources is pleased to provide an exploration update on the Company’s 100% owned Neville-Potier property, which adjoins the 7.716 million contained ounce Côté Gold Project (278.6 million tonnes grading 0.9 grams of gold per tonne of Indicated Resources) owned by Trelawney Mining and Exploration Inc., a subsidiary of IAMGOLD Corporation. The Property covers a 15 kilometer (km) swath along the Ridout Deformation [...]
GoldON Resources has completed its previously-announced shares-for-debt settlement with five creditors. The Company has issued 2,841,008 common shares at a deemed price of $0.05 per share in settlement of $142,050.41 of debt. The issued shares are subject to a four-month hold period expiring April 23, 2016.
GoldON Resources announces that it has negotiated a shares-for-debt settlement with five creditors. Subject to regulatory acceptance, the Company will issue 2,841,008 common shares at a deemed price of $0.05 per share in settlement of $142,050.41 of debt. The shares to be issued will be subject to a four-month hold period.
GoldON Resources announces that effective at the opening of trading on Wednesday, November 18, the Company’s share capital will begin trading on a post-consolidated basis. Letters of transmittal describing the process by which shareholders may obtain new GoldON Resources Ltd. certificates representing their consolidated shares were mailed to registered shareholders. Shareholders who hold their shares through a broker or [...]
GoldON Resources announces that its board of directors has approved a consolidation of the Company’s share capital on the basis of one new common share for every five old shares. The Company’s present issued and outstanding capital of 33,921,870 common shares will be reduced to approximately 6,784,374 common shares. The Company’s name and trading symbol will remain unchanged. The proposed consolidation is to facilitate [...]
GoldON Resources announced today results from the recently completed drill program on the Neville-Potier Portion of its Swayze Gold Project. The two-hole, 400 meter drill program completed in late November 2014 was designed to test two shallow gold targets developed from the geological mapping, prospecting, and geophysical surveying programs completed on the Property earlier last year: Drill hole NEV14-09 was designed to [...]
GoldON Resources is pleased to announce that it has retained FronTier Consulting Ltd., part of the Merchant Capital Group, to assist GoldON in building market awareness in the North American investment community. FronTier is a Toronto-based investor relations firm founded in 2006 by its Principal and CEO, Mr. Ari Todd. FronTier will introduce GoldON to its extensive network of investors and contacts at capital firms and [...]
Victoria, British Columbia (FSCwire) - GoldON Resources Ltd. (TSX-V: GLD) (“GoldON” or the “Company”) is pleased to report the interim closing of the previously announced non-brokered private placement financing, consisting of 2,200,000 non-flow-through units at a price of $0.05 per unit (the “NFT Units”) and 1,100,000 flow-through shares at a price of $0.05 per share, to raise gross proceeds of $165,000. Each NFT Unit [...]
Victoria, British Columbia (FSCwire) - GoldON Resources Ltd. (TSX-V: GLD) (“GoldON” or the “Company”) reports it is arranging a non-brokered private placement financing of up to 3,000,000 non-flow-through units at a price of $0.05 per unit (the “NFT Units”) and 4,000,000 flow-through shares at a price of $0.05 per share. Each NFT Unit will consist of one common share and one warrant. Each warrant will entitle the holder [...]
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