Cabral Gold is pleased to provide this business update to shareholders in connection with its Cuiú Cuiú project in Brazil and general corporate matters. The Company has engaged Micon International to prepare an updated Mineral Resource Estimate for the advanced Cuiú Cuiú gold project in Brazil located 25km NW of Eldorado Gold's Tocantinzinho gold deposit which currently has Proven and Probable reserves of 39.6Mt @ 1.43g/t [...]
Cabral Gold is pleased to announce that it has completed the previously announced business combination with Cabral Gold and 1116669 B.C. Ltd. The Company changed its name from "San Angelo Oil Limited" to "Cabral Gold Inc." and completed a share consolidation. In connection with the completion of the Transaction, the Company's common shares are expected to commence trading on a consolidated basis on the TSX Venture [...]
San Angelo Oil announces the results of its special meeting of shareholders held in Vancouver, British Columbia, on July 4, 2017. The Company is pleased to announce that shareholders voted in favour of increasing the number of directors of the Company from three (3) to four (4) and elected Delaram Salem, the Company's current Chief Financial Officer, to the board of directors. 100% of the votes cast were in favour of [...]
San Angelo Oil is pleased to provide an update on the status of its previously disclosed business combination with Cabral Gold Ltd. Cabral has engaged M Partners Inc. to act as lead agent on behalf of a syndicate comprised of Haywood Securities, PI Financial, and Echelon Wealth Partners in connection with a best efforts private placement financing of up to $6 million of subscription receipts of Cabral priced at $0.108 per [...]
San Angelo Oil is pleased to announce that it has entered into a business combination agreement dated May 10, 2017 to acquire Cabral Gold Ltd. Cabral Gold has a 100% interest in the Cuiú Cuiú gold deposit which is located in the Tapajos Region of Brazil. Pursuant to the Agreement, the Transaction will be carried out by way of a three-cornered amalgamation, whereby Cabral will amalgamate with a newly-incorporated [...]