Endeavour Mining and True Gold are pleased to announce the successful completion of the previously announced acquisition of True Gold. Pursuant to a court-approved plan of arrangement, shareholders of True Gold received 0.044 of an Endeavour ordinary share for each True Gold common share held. In addition, La Mancha Holding S.àr.l. exercised its [...]
True Gold Mining is pleased to announce that it has received overwhelming shareholder approval at the special meeting held today to approve the previously announced plan of arrangement with Endeavour Mining. At the Meeting of True Gold shareholders and True Gold optionholders, a special resolution approving the Arrangement was approved by: 95.5 [...]
True Gold is pleased to announce that it achieved first production at the Karma gold mine on April 11, 2016, a few weeks following the start of leaching of ore. "Today is a great achievement for everyone that has been involved in building the Karma gold mine," said Christian Milau, President & CEO of True Gold. "This achievement is a direct result [...]
True Gold Mining is pleased to announce that Institutional Shareholder Services and Glass Lewis & Co. have both recommended that True Gold shareholders vote FOR the Plan of Arrangement through which Endeavour Mining will acquire all of the issued and outstanding common shares of the Company. ISS and Glass Lewis are two leading independent proxy [...]
True Gold is pleased to announce the mailing of materials for a Special Meeting of Shareholders and Optionholders for the previously announced Plan of Arrangement with Endeavour Mining. The Meeting materials are also available for download on SEDAR and the Company's website. At the Meeting, Securityholders will be asked to consider and vote on the [...]
True Gold reported the financial results and business highlights for the year ended December 31, 2015. "I am extremely proud of what the True Gold team has accomplished in 2015 and into early 2016. In the last 12 months we have focused on completing construction of Karma and reached our strategic objective of becoming an intermediate gold producer [...]
True Gold Mining is pleased to announce that it has started irrigating ore on the heap leach pad and is well advanced with commissioning the ADR plant. Mining is ahead of schedule with 600,000 tonnes stockpiled at above average reserve grade. The Karma Mine is on track for first gold pour around the end of March 2016. The operations team is fully [...]
True Gold Mining is pleased to announce that it has entered into a definitive arrangement agreement with Endeavour Mining, pursuant to which Endeavour has agreed to acquire all of the issued and outstanding common shares of True Gold in an all-share transaction to be completed by way of a statutory plan of arrangement under the Business [...]
True Gold Mining is pleased to provide an update for the Karma Gold Mine, including the stacking of ore on the leach pad. "With construction nearing completion and commissioning underway, our team is now focusing on ramping up to commercial production," stated Christian Milau, President & CEO of True Gold. "Our mining team has been in full [...]
True Gold Mining announces the appointment of Mr. Mark Tomek as a Director of the Company. Mr. Tomek is a senior member of Boston-based Liberty Metals & Mining Holdings, one of True Gold's largest shareholders. He will be replacing Mr. Stephan Theron as LMM's appointee to the True Gold board. The Company would like to thank Mr. Stephan Theron for [...]
True Gold Mining is pleased to announce the Company has entered into an equipment refinancing facility with Auramet International for $10 million. "Having supportive shareholders and strong finance providers like Franco-Nevada Corp. and Sandstorm Gold Ltd. has been crucial to True Gold's success. We are pleased to add Auramet as another strong [...]
True Gold Mining announces that it has granted incentive stock options to its directors and certain key employees and consultants, exercisable to purchase up to 8,930,000 common shares in the capital of the Company until December 30, 2020, at an exercise price of $0.23 per share. The incentive stock options were granted in accordance with the [...]
