Evergold Corp. is pleased to announce that it has agreed with Canaccord Genuity Corp. acting as Underwriter , to increase the previously announced bought deal financing by $2,000,000 for total gross proceeds of $8,000,000 , with a lead order from Palisades Goldcorp Ltd. The Underwriter has agreed to purchase on a bought deal basis, a total of 17,500,000 units at a price of $0.20 per Unit for gross proceeds of $3,500,000 [...]
Evergold Corp. has accepted a bought deal financing with Canaccord Genuity Corp. acting as Underwriter , under which the Underwriter has agreed to purchase on a bought deal basis $2,700,000 hard dollar units at a price of $0.20 per Unit and $3,300,000 flow-through dollar units at a price of $0.22 per Unit , for total gross proceeds of $6,000,000 , with a lead order from Palisades Goldcorp Ltd. Each FT Unit shall consist [...]
Evergold Corp. is pleased to report remaining results and recap the 2020 drill program on the Golden Lion property in northern B.C. Broad intervals of gold-silver epithermal style mineralization encompassing higher-grade intervals were intersected in step-outs to earlier reported holes. Inclusive of historical drilling by Newmont, the GL1 Main Zone now exceeds 800 metres in strike length. The zone comprises [...]
Evergold Corp. is pleased to announce that it has signed a Letter Agreement for an option to purchase the Rockland property, including the past-producing Rockland Mine and adjacent exploration claims, located in the Walker Lane geological belt, Nevada, from Enigma Resources LLC . As reflected in the significant historical intercepts cited below, the property hosts known zones of high-grade and bulk-tonnage style [...]
Evergold Corp. is pleased to report that drilling completed during the 2020 field season on the GL1 Main target, on its Golden Lion property in northern B.C., has returned broad assay intercepts of gold and silver-bearing epithermal-style mineralization, with local higher-grade intervals, suggestive of the upper part of the system and comparable to historical Newmont drill results. Importantly, and unknown at the time to [...]
Evergold Corp. . As announced on October 9, the Company had chosen to await initial assays from drilling this summer at the Company’s promising GL 1 Main target, located on the Golden Lion property in northern B.C., prior to completing the second tranche of its previously announced tranched private placement . Following inordinate delays, in the past two weeks assay results have begun to arrive with some regularity from [...]
Evergold Corp. . On September 22 the Company announced the closing of the first tranche of its previously announced non-brokered private placement along with its intention to complete a second tranche targeted primarily at flow-through funds. At the same time the Company also announced its desire to await initial assays from drilling this summer at the Company’s promising GL 1 ‘Main’ target, located on the Golden Lion [...]
Evergold Corp. is pleased to announce the Company has completed the first tranche of its previously announced non-brokered private placement, which was primarily targeted at hard dollar investors, and exceeded it’s targeted sale of hard dollar units . Because most institutional flow-through funds have depleted their capital by September, and several of these funds have indicated a desire to invest in the Company upon [...]
Evergold Corp. is pleased to announce, further to shareholder inquiries, that it has amended the $3.5 million non-brokered private placement financing announced on August 26, 2020, to allow for participation by existing shareholders under the “Existing Shareholder Exemption” as described below. The Company also announces a change in price of the flow-through shares component of the Offering to $0.60 per FT Share. “We’re [...]
Evergold Corp. is pleased to announce a proposed non-brokered private placement financing for gross proceeds of up to $3,500,000, composed of hard dollar units at a price of $0.50 per Unit and flow-through shares at a price of $0.70 per FT Share. Each HD Unit shall be composed of one common share in the capital of the Company and one-half of one Common Share purchase warrant. Each whole Warrant shall entitle the holder to [...]
Evergold Corp. The Company is pleased to report that first-ever drilling high on Pyramid Peak, on the Company’s Snoball Property in northern British Columbia, Canada, has tapped into a significant new high-grade vein system, returning multiple intercepts of vein-hosted gold and silver, including local high grades. The Company notes it is very early days in the unfolding of the discovery, and it may require time to [...]
Evergold is pleased to provide the following exploration update for its two 100%-owned flagship properties, Snoball and Golden Lion, both located in northern British Columbia, Canada, upon which two separate exploration programs, including concurrent drilling, are now underway. Snoball Property, Golden Triangle, northwestern B.C. First-ever Phase 1 drilling of the Pyramid Peak target from the “Apex” pad is progressing on [...]