Altamira Gold Corp. is pleased to announce that it has closed the non-brokered private placement announced on March 26, 2019 and May 10, 2019. The Company has issued 10,479,400 units at a price of $0.10 per Unit for gross proceeds of $1,047,940. Each Unit is comprised of one common share and one non-transferable share purchase warrant exercisable at $0.15 per warrant share for a period of two years from the issue date. A [...]
Altamira Gold Corp. , announces that, further to its press release dated March 26, 2019, its previously announced private placement has been oversubscribed. The Company now proposes to issue 10,479,400 units at a price of $0.10 per Unit for gross proceeds of $1,047,940. Each Unit is comprised of one common share and one non-transferable share purchase warrant exercisable at $0.15 per warrant share for a period of two [...]
Altamira Gold Corp. , announces that it proposes to raise up to $1,000,000 through a non-brokered private placement of up to 10,000,000 units at a price of $0.10 per Unit. Each Unit is comprised of one common share and one non-transferable share purchase warrant exercisable at $0.15 per warrant share for a period of two years from the issue date. All the securities will be subject to a four-month hold period from the date [...]
Altamira Gold Corp. , is pleased to report that it has been granted an additional 42,000ha within the Apiacas district in Brazil, located close to the northern margin of the Alta Floresta Belt, which is in contact with sediments of the Cachimbo Graben. Highlights include; Granting of 42,000ha at Apiacas bringing the total land position controlled by Altamira at Apiacas to 82,000ha, including the highly prospective Mutum [...]
Altamira Gold Corp. is pleased to report that the Company has successfully applied to claim a strategic land position within the Alta Floresta Belt in Mato Grosso, Brazil. These new claims total 70,184.70 hectares and lie on the northern margin of the Alta Floresta Belt close to the contact with the sediments of the Cachimbo Graben. The Company's total land position in the belt is now over 300,000 hectares. Altamira [...]
Altamira Gold Corp. , is pleased to announce that it has been granted a 2 year extension to the Porta Aberta claim block which is located 13km SSW of Altamira's flagship Cajueiro project located in the north of the Alta Floresta Belt, in the state of Mato Grosso, Brazil. Figure 1 - Location of the Porta Aberta project in the north of the Alta Floresta Belt To view an enhanced version of Figure 1, please visit [...]
Altamira Gold Corp. , is pleased to announce that it has discovered an easterly extension to the previously recognised Baldo 2 structure and two new previously unmapped high-grade gold bearing structures to the south of the Baldo target on the northern flank of the Matrincha target within the Cajueiro project located in the north of the Alta Floresta Belt, in the states of Mato Grosso and Para, Brazil. Highlights are as [...]
Altamira Gold Corp. , is pleased to announce that it has closed on the transaction with TerraX Minerals Inc. regarding the sale of Altamira's 100% interests in the Tom and Sickle claims located in the Northwest Territories of northern Canada, previously announced in its News Release dated September 19, 2019. Altamira has received a total of $25,000 cash and 250,000 shares of TerraX. Altamira and will retain a 2% NSR [...]
Altamira Gold Corp. , is pleased to announce that it has signed a binding agreement with TerraX Minerals Inc. regarding the sale of Altamira's 100% interests in the Tom and Sickle claims located in the Northwest Territories of northern Canada. As part of the agreement, TerraX will pay Altamira a total of $25,000 cash and 250,000 shares of TerraX. Altamira will retain a 2% NSR royalty. The agreement is subject to the [...]
Altamira Gold Corp. , is pleased to announce that it has closed the second and final tranche of the non-brokered private placement announced on August 13, 2018 and August 17, 2018. The originally announced $850,00 total financing was oversubscribed and the company increased the offering to $900,000 to accommodate additional subscribers. The Company has issued an additional 2,940,000 units at a price of $0.10 per Unit for [...]
Altamira Gold is pleased to announce that it has closed the first of two tranches of the non-brokered private placement announced on August 13, 2018. The Company also announces that the placement has been oversubscribed and it will increase the amount to be raised to $900,000 through the issuance of 9,000,000 units in total, on the same terms and conditions as previously announced. The Company has issued 6,060,000 units [...]
Altamira Gold announces that it proposes to raise up to $850,000 through a non-brokered private placement of up to 8,500,000 units at a price of $0.10 per Unit. Each Unit is comprised of one common share and one non-transferable share purchase warrant exercisable at $0.20 per warrant share for a period of five years from the issue date. All the securities will be subject to a four-month hold period from the date of [...]