TORONTO, Ontario - TheNewswire - July 23, 2019 - Avidian Gold Corp. is pleased to announce a proposed non-brokered financing by way of private placement of common shares of the Company at C$0.10 per Common Share for gross proceeds of up to C$1,000,000 . The Company shall have the option to increase the Offering by up to additional 5,000,000 Common Shares. The net proceeds from the Offering shall be primarily used for [...]
TORONTO, Ontario - TheNewswire - June 26, 2019 - Avidian Gold Corp. is pleased to announce that that it has completed its previously announced rights offering , which expired at 5:00 p.m. EST on June 21, 2019. The Rights Offering raised $581,455.86 in gross proceeds. Avidian offered rights to purchase common shares of the Company to eligible shareholders of record, at the close of business on the record date of May 27 [...]
Avidian Gold Corp. announces an amendment to the terms of common share purchase warrants issued in connection the previously announced private placement of convertible debenture units of the Company on February 26, 2019 . The February Private Placement consisted of the sale of 708 debenture units of the Company . It was previously announced that, each Unit shall consist of a C$1,000 principal amount three year unsecured [...]
Avidian Gold Corp.. wishes to provide a summary of the major 2018 exploration results and corporate activity as well as its ongoing 2019 work program plans. The 2018 exploration program was focused on the Golden Zone property that is situated within the gold-endowed Tintina Mineral Belt, which is known to host a number of multi-million ounce gold deposits. The property is located 320 km north of Anchorage, Alaska and is [...]
Avidian Gold Corp. is pleased to announce that, further to its news release dated January 15, 2019, it has completed a $708,000 non-brokered private placement of 708 debenture units of the Company with each Unit consisting of a C$1,000 principal amount three year unsecured interest-bearing convertible debenture and five thousand common share purchase warrants of the Company . The Debentures are convertible into Common [...]
Avidian Gold Corp.. wishes to announce that effective immediately Mr. David Anderson will be assuming the role of CEO in addition to sitting as Chairman of the Board. Mr. Nick Tintor has tendered his resignation as President, CEO and Director of Avidian as a result of changes in circumstances relating to other business interests. In addition, Avidian is pleased to announce the appointment of Ms. Donna McLean, as the [...]
Avidian Gold Corp. is pleased to announce that it has spun out its Strickland base metal project located in southern Newfoundland, into a 100%-owned Ontario incorporated private company called High Tide Resources Corp. . Avidian's goal will be to take High Tide public within the next 18 months. The creation of High Tide is part of Avidian's value creation initiative whereby any property asset that is not deemed to be core [...]
Avidian Gold Corp. is pleased to provide an update on the previously announced private placement of units announced in the Company's news release dated October 22, 2018. The Company is adjusting the terms of the financing so as to better reflect the current weakness in market conditions. The proposed non-brokered financing will be conducted by way of a private placement of Units at C$0.35 per Unit for gross proceeds of up [...]
Avidian Gold Corp. is pleased to announce a proposed non-brokered financing by way of private placement of units of the Company at C$0.50 per Unit for gross proceeds of up to C$2,000,000 . Red Cloud Klondike Strike Inc. is acting as a finder in connection with the Offering. Each Unit will be comprised of one common share of the Company and one half of a transferable Common Share purchase warrant . Each full Warrant will [...]
Avidian Gold Corp. is pleased to report results from the first of three drill holes at the Copper King prospect from its ongoing drill program at the 100% owned Golden Zone project in Alaska. Location of Copper King Drill Holes and Trenches Exploration Highlights Hole CK18-01 intersected 9.1 metres grading 8.71 grams/tonne Au, 80.8 g/t Ag and 3.57% Cu from 3.9 m to 13.0 m. A surface trench located in the same vicinity as [...]