Fox Automotive Switzerland AG and Phoenix Gold Resources Corp. , is pleased to provide an update referring to the latest developments and preparation for production and sale of MIA EV 2.0 in Hungary and across Europe. Fox reports that over the course of the third quarter of 2019, Fox has founded the fully owned Hungarian subsidiary called FOX AUTOMOTIVE HUNGARY ZRT. The Hungarian subsidiary is headed by Mr. Ekkehard [...]
Phoenix Gold Resources wishes to announce that its letter agreement with Blue Creek Forest Products, which contemplates a transaction that will result in a reverse takeover and change of business of the Company by Blue Creek, has been amended to reflect the extended closing of the Transaction, to June 29, 2018. As part of the Transaction, the Company's Plumas Mineral Properties will be held in a newly incorporated [...]
Phoenix Gold Resources is pleased to announce that it has scheduled its annual general and special meeting of shareholders on December 7, for shareholder consideration of annual business and approval of the Company's proposed transaction with Blue Creek Forest Products Ltd. Further to the Company's press release on June 1, the Company has also agreed to extend the deadline for closing its transaction (the "Transaction [...]
Phoenix Gold Resources wishes to announce that further to its announcement on December 23, 2016, the Company has agreed to extend the deadline for closing its transaction with Blue Creek Forest Products and its major shareholder, Four Rivers Resources. Accordingly, the Company has now agreed to extend the deadline for closing to July 31, 2017 with an outside termination date of October 31, 2017 in order to accommodate new [...]
Phoenix Gold Resources wishes to announce that further to its announcement on December 8, 2015, the Company has agreed to extend the deadline for closing its transaction with Blue Creek Forest Products Ltd. and its major shareholder, Four Rivers Resources Inc. The Company initially agreed to extend the deadline for closing to August 30, 2016 but has now agreed to extend closing to October 31, 2016, which better coincides [...]
Phoenix Gold Resources is pleased to announce that it has entered into a letter agreement signed yesterday dated effective December 4, 2015 with Blue Creek Forest Products and its major shareholder, Four Rivers Resources Inc., which contemplates a transaction that will result in a reverse takeover and change of business of the Company by Blue Creek. As required under the policies of the Exchange, the Transaction will be [...]
Phoenix Gold Resources, today announced that it re-priced its offering of units to raise up to C$250,000 through an issuance at C$0.025 per Unit to existing shareholders of the Company. Each Unit is comprised of one common share and one-half common share purchase warrant (each whole warrant a "Warrant") of the Company. Each Warrant entitles the holder to acquire one additional common share of the Company at an exercise [...]
Phoenix Gold, is pleased to announce an offering of units of the Company to raise an amount of up to C$250,000 through the issuance of Units at a price of C$0.05 per Unit to existing shareholders of the Company. Each Unit is comprised of one common share and one-half common share purchase warrant, and each whole warrant entitles the holder to acquire one additional common share of the Company at an exercise price of [...]
Phoenix Goldis pleased to announce the results from the surface sampling and prospecting programs and the locations of 7 proposed drills holes at its 50% owned Eldorado Property located at Battle Mountain, Nevada. All the results from the chip and soil samples taken during the recently completed mapping and prospecting program on the Eldorado Property have been received and integrated into the Eldorado database together [...]
Phoenix Gold is pleased to announce additional results from the surface sampling and prospecting programs and an update on the release of drill results from recent drilling at its 100% owned Plumas Property located at Battle Mountain, Nevada. Additional samples from a follow-up surface sampling program on the Plumas Property have been received and have been now integrated into the Plumas database together with previously [...]
U.S. government debt has surged $1 trillion in the last 12 months, which combined with U.S. business and personal debt, has now reached a mind-boggling $60 trillion - 25 times the total debt that existed when the U.S. uncoupled from the gold standard in 1971. If rampant money printing leads to the global devaluation of paper currency there will be a frenzied flight to gold benefiting junior explorers like Phoenix Gold [...]
Phoenix Gold today announced the release of its first drill results from the first 3 drill holes confirming the Company's expectations of a large mineralized sulphide system at its 100% owned Plumas Property, located immediately adjacent to Newmont's Phoenix Fortitude mine at Battle Mountain, Nevada. The Company believes that the existence of veined and disseminated sulphides encountered in all holes drilled to date [...]