XAU Resources Inc. , is pleased to announce that it has received positive results from the bulk leach extractable gold stream sediments sampling program conducted on its Noseno property in northwest Guyana. The sampling program was successful in highlighting several areas with significant gold anomalism corresponding to favourable geology which warrants follow up exploration . Results Highlights The field sampling team [...]
XAU Resources Inc. , is pleased to announce that it has mobilized a light camp to the Noseno property and has commenced the initial phases of exploratory field work to consist of stream sediment sampling, prospecting and rock sampling. It is anticipated that these programs will take approximately 6 to 8 weeks to complete. With the receipt of positive results, a campaign of soil sampling will follow, likely commencing in [...]
Mr. Jay Hambro, an investor of XAU Resources Inc. announces that he has filed an early warning report under National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the closing of a qualifying transaction . On June 20, 2022, the Corporation completed its Qualifying Transaction with North West Exploration Inc. As part of the Qualifying Transaction, the [...]
XAU Resources Inc. , a capital pool company listed on the TSX Venture Exchange , is pleased to announce that it has completed its qualifying transaction with North West Exploration Inc. . The resulting issuer, XAU Resources Inc. and its shares are anticipated to start trading on the TSX Venture Exchange on or about June 27, 2022 under the stock symbol "GIG". As part of the Qualifying Transaction, the subscription receipts [...]
XAU Resources Inc. is pleased to announce that the TSX Venture Exchange has conditionally approved its qualifying transaction to acquire the Noseno Property in Guyana previously announced in the Company's press releases dated October 22, 2021, December 21, 2021, March 7, 2022, March 8, 2022, March 30, 2022 and April 29, 2022. The Transaction remains subject to the final approval of the TSXV and is expected to close on or [...]
XAU Resources Inc. is pleased to announce that the TSX Venture Exchange has conditionally approved its qualifying transaction that entails the option to acquire the Noseno Property in Guyana . The Transaction remains subject to the final approval of the TSXV. The Company continues to work towards the completion of the Transaction. In connection with the Transaction, XAU recently completed a $1 million financing of [...]
XAU Resources Inc. , announces that it continues to work towards the completion of its previously announced Qualifying Transaction to acquire the Noseno Property in Guyana. In connection with the Qualifying Transaction, XAU recently completed a $1 million financing of subscription receipts. By subscription receipt holder resolution, the deadline for release of escrowed proceeds from the subscription receipts financing has [...]
Mr. Alexey Maslovskiy, a director of XAU Resources Inc. announces that he has filed an early warning report under National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the closing of a private placement . The Private Placement was previously announced by the Company on October 22, 2021. It consists of 4,000,000 subscription receipts at a price of [...]
XAU Resources Inc. announces that it continues to work towards the completion of its previously announced Qualifying Transaction to acquire the Noseno Property in Guyana. In connection with the Qualifying Transaction, XAU recently completed a $1 million financing of subscription receipts. By subscription receipt holder resolution, the deadline for release of escrowed proceeds from the subscription receipts financing has [...]
XAU Resources Inc. announces corrections to the Company's news release dated March 7, 2022 . The Closing News Release announced the closing of the Company's previously announced non-brokered private placement financing of subscription receipts at a price of $0.25 per Subscription Receipt for gross proceeds of $1,000,000. The Closing News release incorrectly stated that the Company paid $4,872 and issued 19,488 finder [...]
XAU Resources Inc. is pleased to announce the closing of its previously announced non-brokered private placement financing of subscription receipts at a price of $0.25 per Subscription Receipt for gross proceeds of $1,000,000. Upon completion of the proposed qualifying transaction on the TSX Venture Exchange , each Subscription Receipt will convert into one common share of the Company. In connection with the Financing [...]
XAU Resources Inc. announces the amendment of its option agreement to acquire the Noseno Property initially entered into on October 21, 2021 . The Corporation intends that the acquisition of the Noseno Option serve as the Corporation's "Qualifying Transaction" pursuant to the policies of the TSX Venture Exchange . The Qualifying Transaction is subject to: the Qualifying Transaction having been conditionally accepted by [...]
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