Sylla Gold Corp. announces it has issued unsecured non-interest bearing promissory notes in the aggregate of $97,500 , to arm's length and non-arm's length creditors of the Company . The Promissory Notes are payable upon receipt of a demand notice by the holder and the Principal Amounts were used by the Company for general working capital purposes. The Promissory Notes remain subject to receipt of all necessary regulatory [...]
Sylla Gold Corp. is pleased to announce that the Company completed a non-brokered private placement through the issuance of 3,200,000 units in the capital of the Company at a price of $0.05 per Unit for gross proceeds of $160,000 . Each Unit was comprised of one common share in the capital of the Company and one whole Common Share purchase warrant . Each Warrant entitles the holder thereof to acquire one Common Share at a [...]
Sylla Gold Corp. announces that it has amended the share purchase agreement with Namibia Critical Metals. to acquire four gold properties located in Namibia as announced on March 4, 2024. Under the agreement, Sylla is to acquire NMI's 95% interest in its Namibian subsidiaries that own the rights, title and interest to the Grootfontein, Erongo, Otjiwarongo, and Kaoko licences, and certain associated assets. Figure 1 To [...]
Sylla Gold Corp. announces its intention to consolidate its issued and outstanding common shares on the basis of three pre-consolidation Common Shares for every one post-consolidation Common Share . No fractional Common Shares will be issued and any fractional Common Shares will be rounded down to the nearest lower whole Common Share. The Consolidation is subject to the approval of the TSX Venture Exchange, applicable [...]
Sylla Gold Corp. is pleased to announce that it has entered into a share purchase agreement with Namibia Critical Metals Inc. to acquire four gold prospective properties encompassing 2,788 square kilometers, located in Namibia within the Central Namibian Gold belt. Sylla is to acquire a 95% interest in NMI's Namibian subsidiary that own the rights, title and interest to Grootfontein, Erongo, Otjiwarongo, and Kaoko [...]
Sylla Gold Corp. is pleased to announce that it has exercised its option to acquire a 100% interest in the Deguefarakole exploration licence at its Niaouleni Gold Project by issuing 3,000,000 Common Shares of the Company and amending the Option Agreement dated September 15, 2021 with Niaouleni Gold Inc. and Niaouleni Gold Mali SARL. The Deguefarakole licence is one of four exploration licences that comprise the Company's [...]
Sylla Gold Corp. is pleased to announce that, further to its press release of September 5, 2023, it has closed the second and final tranche of its previously announced non-brokered private placement through the issuance of 4,200,000 units at a price of $0.05 per Unit for gross proceeds of $210,000 . The aggregate gross proceeds raised pursuant to the Offering was $452,500 through the issuance of an aggregate of 9,050,000 [...]
Sylla Gold Corp. announces closing of a first tranche of a non-brokered private placement through the issuance 4,850,000 units at a price of $0.05 per Unit for aggregate gross proceeds of up to $242,500 . Each Unit is comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.10 per [...]
Sylla Gold Corp. is pleased to announce positive gold assay results from a drilling program of 19 reverse circulation drill holes totalling 2330 m completed within the Company's Niaouleni Gold Project in Southern Mali. Drilling was predominantly carried out at the Niaouleni South target located in the Niaouleni-Kobada Sanankoro Corridor . Extends the strike length of mineralization to 700 m at Niaouleni South. 7 high [...]
Sylla Gold Corp. is pleased to announce that, further to its press releases dated May 9, 2022, and October 26, 2022, it has entered into definitive option agreements with Touba Mining SARL. pursuant to which the Company has been granted options to acquire a 100% interest in gold exploration permits, Niaouleni West, Samaya South and Sananfara all contiguous licences with the Company's core Niaouleni project. . The Samaya [...]
Sylla Gold Corp. announces that the Company has applied to the TSX Venture Exchange for an extension of its price protection for an additional 30 days in order to complete an additional tranche of the previously announced non-brokered private placement of up to 10,000,000 units at a price of $0.10 per unit for aggregate gross proceeds of up to $1,000,000 . The first tranche of the private placement closed on January 3 [...]
Sylla Gold Corp. is pleased to announce that Phase 2 reverse circulation and air core drilling operations has commenced drilling on its Niaouleni Gold Project in southern Mali . The purpose of the Phase 2 drilling program is to: Complete step out drilling from previous high grade drilling intercepts Expand the mineralized footprint of Niaouleni South target to both the north and south. Further define the structural [...]
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