Fokus Mining Corp. and Gold Candle Ltd. today announced the successful completion of the previously-announced statutory plan of arrangement whereby Gold Candle acquired all of the issued and outstanding common shares in the capital of Fokus for $0.26 per Share. The Arrangement valued Fokus at approximately $63 million on an equity value basis. As a result of the completion of the Arrangement, it is expected that the [...]
Fokus Mining Corp. is pleased to announce that, further to its news release dated November 28, 2025, and upon the completion or waiver of certain conditions precedent, it has completed the transaction in connection with its previously announced acquisition of a 100% interest in the Dufay Property located along the Cadillac-Larder Lake Fault between the Galloway Project and the Ontario border . The acquisition was [...]
Fokus Mining Corp. is pleased to announce that, at the special meeting of the Company's shareholders held on April 13, 2026 , its shareholders approved the previously announced plan of arrangement under the Canada Business Corporations Act , whereby Gold Candle Ltd. will acquire all of the issued and outstanding common shares in the capital of Fokus for $0.26 in cash per share. The special resolution approving the [...]
Fokus Mining Corp. announced today the filing of its management information circular and related materials for the special meeting of the holders of common shares of Fokus to approve the previously announced plan of arrangement under the Canada Business Corporations Act , pursuant to which, among other things, Gold Candle Ltd. will acquire all of the issued and outstanding common shares in the capital of Fokus for cash [...]
$0.26 per share consideration represents a 36.8% premium to the 10-day VWAP of Fokus Mining shares on the TSXV as of February 11, 2026 Fokus Mining's Board of Directors and Special Committee have unanimously approved the Transaction and recommend that Fokus shareholders vote in favour of the Transaction Acquisition to Increase Gold Candle's Inferred Mineral Resources by 1.4 Million Ounces of Gold and Grow its Land [...]
Fokus Mining is pleased to announce that it has entered into an asset purchase agreement with Olympio Metals Limited and local prospectors to acquire a 100% interest in the Dufay Property located along the Cadillac-Larder Lake Fault between the Galloway Project and the Ontario border. Philippe MacKay, President and CEO of Fokus, stated: "This land consolidation represents a defining moment for Fokus. We now control one of [...]
Fokus Mining announces that its Board of Directors granted stock options in respect of an aggregate of 3,100,000 common shares to Fokus' Directors, Officers and one consultant. The exercise price of the options is $0.175 per share, which is higher of the closing price of Fokus' common shares on the TSX Venture Exchange on Friday September 5, 2025. The options vest immediately and will expire in five years, for the options [...]
Fokus Mining is pleased to announce that it has successfully closed the transaction previously announced on August 12, 2025, with Visible Gold Mines to acquire a 100% interest in six properties, namely the Cadillac Break, Lucky Break, Silidor, Stadacona-East, Wasa Creek, and Wasa East projects, and a 40% interest in one property, the Capricorn project, all located along the Cadillac-Larder Lake Fault near the town of [...]
Fokus Mining is pleased to announce that it has entered into an asset purchase agreement dated August 11, 2025 with Visible Gold Mines to acquire a 100% interest in six properties, namely the Cadillac Break, Lucky Break, Silidor, Stadacona, Wasa Creek, and Wasa East projects, and a 40% interest in one property, the Capricorn project, all located along the Cadillac-Larder Lake Fault near the town of Rouyn-Noranda in the [...]
Fokus Mining is pleased to provide an update on its 2025 exploration activities at the Galloway Property, along the Cadillac-Larder Lake Fault, between the Rouyn-Noranda and Kerr-Addison mining camps. The Galloway Project outlined a NI 43-101 inferred mineral resource of 1.42 million ounces of gold at US$1,750/oz, or 1.79 million ounces at US$1,960/oz, as detailed in our March 23, 2023, press release. This update follows [...]
Fokus Mining is pleased to announce an update of its 2024-2025 exploration program on the Galloway Property. The Galloway Project outlined a NI 43-101 inferred mineral resource of 1.42 million ounces of gold at US$1,750/oz, or 1.79 million ounces at US$1,960/oz, as detailed in our March 23, 2023, press release. This press release highlights the Company's recent drilling results and provides update on Phase 1 exploration [...]
Fokus Mining is pleased to announce an update of its 2024-2025 exploration program on the Galloway Property. The Galloway Project outlined a NI 43-101 inferred mineral resource of 1.42 million ounces of gold at US$1,750/oz, or 1.79 million ounces at US$1,960/oz, as detailed in our March 23, 2023, press release. This update highlights the Company's recent drilling results. Recent Drilling Highlights The Company is [...]