Winshear Gold Corp. reports that it has successfully concluded the settlement agreement with the United Republic of Tanzania in relation to its dispute regarding the Company's SMP Gold Project. The Parties agreed on an amount of US$30,000,000 to settle the case and terminate the arbitration proceedings. Funds were received by the Company today, October 16th, 2023. After payment of funding and legal costs, the net amount [...]
VANCOUVER, BC, Oct. 16, 2023 /CNW/ - The following issues have been halted by CIRO Company: Winshear Gold Corp. TSX-Venture Symbol: WINS All Issues: Yes Reason: Pending News Halt Time : 8:18 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]
VANCOUVER, BC, Sept. 19, 2023 /CNW/ - Trading resumes in: Company: Winshear Gold Corp. TSX-Venture Symbol: WINS All Issues: Yes Resumption : 12:00 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and [...]
Winshear Gold Corp. reports that pursuant to the Company's arbitration case against the Republic of Tanzania , the Company and Tanzania have suspended arbitration proceedings and have reached a conditional settlement agreement. There is no guarantee that the conditional settlement agreement will be concluded. The Company will report any developments as they occur. About Winshear Gold Corp Winshear holds 100% ownership in [...]
VANCOUVER, BC, Sept. 19, 2023 /CNW/ - The following issues have been halted by CIRO Company: Winshear Gold Corp. TSX-Venture Symbol: WINS All Issues: Yes Reason: Pending News Halt Time : 9:18 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]
Winshear Gold Corp. , formerly Helio Resource Corp., provides the following update on the recent move in its share price, which is related to the Company's fully funded arbitration proceedings against the Tanzanian Government to recover its investment and damages for the expropriation of its SMP Gold Project in Tanzania. Richard Williams, CEO of Winshear, stated: "We learned this morning that ASX listed Indiana Resources [...]
Winshear Gold Corp. , is pleased to report that it has received approval of its Authorization to Initiate Exploration Activities from the Ministry of Energy and Mines of Peru and is fully permitted to carry out a drilling program at its Gaban gold project in the Puno Orogenic Gold Belt of Peru. The environmental impact study or Declaración de Impacto Ambiental permit for the project, previously received in October 2022 [...]
Winshear Gold Corp. reports that it has closed a non-brokered private placement of 5,850,000 Units at $0.10 per Unit for gross proceeds of $585,000. Each Unit comprises one common share and one half of one common share purchase warrant. Each full warrant will allow the holder to purchase one common share of Winshear Gold at a price of $0.15 for a period of 24 months from the closing date of the financing up to and [...]
Winshear Gold Corp. announces a non-brokered private placement of up to 5,000,000 Units at $0.10 per Unit for gross proceeds of $500,000. Each Unit comprises one common share and one half of one common share purchase warrant. Each full warrant will allow the holder to purchase one common share of Winshear Gold at a price of $0.15 for a period of 24 months from the closing date of the financing. A finder's fee commensurate [...]
Winshear Gold Corp. reports that the complete video recording of the evidentiary hearing in its arbitration against the United Republic of Tanzania is now available online. Here - https://www.youtube.com/@internationalcentreforsett919/videos?app=desktop The hearing was held between Monday, February 13 and Thursday, February 16, 2023 at the Washington offices of the International Centre for Settlement of Investment [...]
Winshear Gold Corp. completed the evidentiary hearing for arbitration on Thursday February 16, 2023 at the Washington offices of ICSID, an organisation of the World Bank Group. Richard Williams, CEO of Winshear Gold, commented "Winshear's attorneys led by Timothy Foden and Dr. Marc Veit, presented a clear and forthright position to support Winshear's claim for compensation against the government of Tanzania for the [...]
Winshear Gold Corp. , formerly Helio Resource Corp., provides the following update on the dispute with the United Republic of Tanzania which is the subject of arbitration through the International Centre for Settlement of Investments Disputes , a member of the World Bank. The Company reports that the evidentiary hearing commences today in Washington D.C.. A three-person tribunal panel is presiding over the court hearings [...]
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