Mr. Ryan Kalt reports that he has indirectly acquired 2,000,000 common shares of Red Lake Gold Inc. through Kalt Industries, a Calgary-based corporation that is wholly-owned by Mr. Kalt. The Acquired Shares were acquired on July 12, 2023 under a publicly-announced financing conducted by the Issuer on a flow-through basis and for which cash consideration of $100,000.00 was paid to the Issuer by the Acquiring Entity for the [...]
Red Lake Gold Inc. is pleased to report that it has today closed a non-brokered flow-through financing by way of the issuance of 2,800,000 flow-through shares on terms previously announced by the Corporation. Red Lake Gold intends to use the proceeds of the Flow-Through Financing to fund future exploration work at its Whirlwind Jack Project in Ontario, Canada. One insider , as that term is defined by securities laws, of [...]
Red Lake Gold Inc. announces that it intends to conduct a non-brokered flow-through financing consisting of up to 3,500,000 flow-through shares to be issued at a price of $0.05 per Flow-Through Share for gross proceeds of up to $175,000. Red Lake Gold intends to use the proceeds of the Flow-Through Financing to fund exploration work at its Whirlwind Jack Project and/or other exploration opportunities as its current and/or [...]
Red Lake Gold Inc. is pleased to report that it has successfully resolved all legal matters relating to the statement of claim filed by Barrick Gold Inc. in the Toronto Superior Court of Justice on June 30, 2022 and further resolved Barrick's assertions to an interest in the Whirlwind Jack Gold Project . Under a termination and mutual release agreement dated April 17, 2023 , Red Lake Gold can now confirm its full original [...]
Red Lake Gold Inc. is pleased to report that all of the resolutions put forth at its annual meeting of shareholders on October 13, 2022 have been duly passed. As further described in the Corporation's information circular dated August 29, 2022 , each of Ryan Kalt, Eugene Hodgson and Brian Hearst were elected as directors of the Corporation so as to hold office until close of business of Corporation's next annual meeting [...]
Red Lake Gold Inc. reports that it has been named as a party in a Statement of Claim issued by Barrick Gold Inc. in the Toronto Superior Court of Justice on June 30, 2022. The Claim alleges, among other things, that Red Lake Gold has breached certain obligations in Earn-In and Joint Venture Agreement to pursue more lucrative commercial arrangements concerning the Corporation's mining claims. Red Lake Gold intends to [...]
Red Lake Gold Inc. reports that on June 7, 2022 it delivered a termination notice to the arm's-length third-party as concerns the participation right of the Earn-In Party under the previously announced agreement involving Red Lake Gold's Whirlwind Jack Project according to a provision pertaining to incurable material breaches. The Corporation would retain its original 100% working interest in the Project, save and except [...]
Mr. Ryan Kalt reports that he has acquired, in the aggregate, 413,000 common shares of Red Lake Gold Inc., on a direct basis and indirect basis, having aggregate cash consideration paid of $96,026.15, and such acquisitions made by way of open-market facilities of the Canadian Securities Exchange as at the period ended May 5, 2022. Mr. Kalt further advises for purposes of this news release that in combination with the [...]
Red Lake Gold Inc. reports that each of the resolutions put before its annual meeting of shareholders held on January 13, 2022 has been duly passed. As further described in the Corporation's information circular dated November 29, 2021, each of Ryan Kalt, Eugene Hodgson and Brian Hearst were elected as directors of the Corporation so as to hold office until close of business of Corporation's next annual meeting of [...]
Red Lake Gold Inc. is pleased to announce that it has entered into an arm's-length agreement to acquire the Preston District Uranium Project. The Athabasca Basin is host to some of the world's highest-grade uranium deposits and is in the politically secure jurisdiction of Saskatchewan. "Today's district-scale entry into Canada's Athabasca Basin positions RGLD as a compelling uranium project holder in the emerging [...]
Red Lake Gold Inc. is pleased to announce that it has closed the first tranche of its recently announced financing by way of the issuance of 1,101,668 common share units at a price of $0.30 per Unit for gross proceeds of $330,500.40. This initial tranche relates to a majority of Units offered under the Financing and was closed on a tranche basis to accommodate upcoming holiday schedules. In accordance with the previously [...]
Red Lake Gold Inc. is pleased to announce that it intends to conduct a non-brokered private placement by way of the issuance of up to two million common share units at a price of thirty cents per Unit to raise gross proceeds of up to six-hundred thousand dollars. Each Unit shall consist of one common share and one-half of a common share purchase warrant exercisable at forty-five cents per common share for a period of [...]
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