Sandy Lake Gold Inc. is pleased to announce that it has closed its previously announced non-brokered private placement pursuant to which issued 4,700,000 units at a price of $0.06 each to raise aggregate gross proceeds of $282,000. Each Unit consists of one common share of the Company and one share purchase warrant , with each Warrant entitling the holder thereof to acquire one additional Share at an exercise price of [...]
Sandy Lake Gold Inc. is pleased to announce that it proposes to increase its previously announced non-brokered private placement pursuant to which it will now issue up to 4,700,000 units at a price of $0.06 per Unit to raise aggregate gross proceeds of up to $282,000. Each Unit shall consist of one common share of the Company and one share purchase warrant , with each such Warrant exercisable to acquire one additional [...]
Sandy Lake Gold Inc. is pleased to announce that it proposes to complete a non-brokered private placement pursuant to which it will issue up to 4,200,000 units at a price of $0.06 per Unit to raise aggregate gross proceeds of up to $252,000. Each Unit shall consist of one common share of the Company and one share purchase warrant , with each such Warrant exercisable to acquire one additional Share at an exercise price of [...]
July 09, 2018 -- Sandy Lake Gold Inc. is pleased to announce a partial award in the Arbitration Proceedings with Treasury Metals Inc. formerly Goldeye Explorations Ltd. . The case centred on an option agreement between the Companies signed on April 15, 2015, on the Weebigee Project, in the Sandy Lake district located 220 kilometers north of Red Lake, Ontario. The Arbitral Tribunal has ruled in favour of Sandy Lake Gold[...]
TORONTO, May 31, 2018 -- Sandy Lake Gold Inc. announces that Mike Desmeules has resigned from the Sandy Lake Gold Inc. Board of Directors, effective immediately. For further information please contact: Dan Noone Interim Chief Executive Officer 628-5904 Email: info@sandylakegold.com Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy and / or accuracy of this [...]
May 15, 2018 -- Sandy Lake Gold Inc. is pleased to announce that it has closed its previously announced non-brokered private placement pursuant to which issued 5,000,000 units at a price of $0.05 each to raise aggregate gross proceeds of $250,000. Each Unit consists of one common share of the Company and one share purchase warrant , with each Warrant entitling the holder thereof to acquire one additional Share at an [...]
Sandy Lake Gold is pleased to announce that it proposes to complete a non-brokered private placement pursuant to which it will issue up to 5,000,000 units at a price of $0.05 per Unit to raise aggregate gross proceeds of up to $250,000. Each Unit shall consist of one common share of the Company and one share purchase warrant , with each such Warrant exercisable to acquire one additional Share at an exercise price of $0.10 [...]
TORONTO, April 23, 2018 -- Sandy Lake Gold Inc. announces that it has declared an event of force majeure pursuant to the Option Agreement between GPM Metals Inc. and Goldeye Explorations Ltd. dated April 15, 2015, relating to the Property , located in Northwest Ontario. GPM’s rights under the Option Agreement were acquired by Sandy Lake Gold as previously announced July 21, 2016. The event of force majeure results [...]
Sandy Lake Gold is pleased to announce that it intends to complete a non-brokered private placement financing of up to 5,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $250,000 . Each Unit shall be comprised of one common shares in the capital of the Corporation and one Share purchase warrant . Each Warrant shall be exercisable at a price of $0.10 for a period of 24 months following the closing of [...]
TORONTO, March 08, 2018 -- Sandy Lake Gold Inc. announces that it has granted an aggregate of 1,100,000 stock options to a director and a consultant pursuant to the Company's Stock Option Plan. The options have an exercise price of $0.09 per share and an expiry date of March 6, 2023, and vesting as to 25% immediately and 25% after each of 6, 12, and 18 months after date of grant. For further information please contact [...]
Feb. 28, 2018 -- Sandy Lake Gold Inc. is pleased to announce that it has closed its previously announced non-brokered private placement pursuant to which issued 10,000,000 units at a price of $0.055 each to raise aggregate gross proceeds of $550,000. Each Unit consists of one common share of the Company and one share purchase warrant , with each Warrant entitling the holder thereof to acquire one additional Share at an [...]
Feb. 05, 2018 -- Sandy Lake Gold Inc. announces an update of exploration work in the Sandy Lake Gold District and changes to the Board of Directors. The Company has recently completed a ground magnetic survey on portions of the Weebigee area, in the western part of the SLGD. The recently completed project consisted of ground magnetics over 375 line km. at the NW Arm and Stain River prospects. Results from this survey are [...]
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