VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 16, 2014) - Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") has signed an engagement letter (the "Engagement Letter") giving Barclays Bank PLC ("Barclays") and Société Générale Corporate & Investment Banking ("SGCIB") an exclusive mandate to act as lead arrangers for bank debt financing (the "Senior Debt Facility") for the Karma Gold Project (the "Karma Project") in Burkina Faso, West Africa. The Engagement Letter sets forth the steps under which the mandated banks are appointed to arrange a senior loan for the Karma Project of up to US$90 million, True Gold's debt financi... [...]
Chief Operating Officer relocates to Burkina Faso; Karma Project Construction Manager appointed VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 14, 2014) - True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") has strengthened the Company's team in Burkina Faso, West Africa to advance construction planning and site preparation at [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 10, 2014) - True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") has granted incentive stock options to its directors, officers, employees and consultants exercisable to purchase in aggregate up to 6,130,000 common shares in the capital of the Company until January 10, 2019 at an [...]
Dam to support mine development and operations, and provide water to local communities VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 8, 2014) - True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") is pleased to announce that the Company will begin Phase 2 construction of the fresh water reservoir ("barrage") at the Karma Gold [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 6, 2014) - True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") is pleased to report that the Burkina Faso Ministry of Environment and Sustainable Development (the "Ministry") has approved an Environmental Permit for development of the Kao deposit at the Company's Karma Gold Project [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 19, 2013) - True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") announced today that the Burkina Faso Council of Ministers has approved the issuance of the Karma exploitation permit to Riverstone Karma SA, the Company's Burkina Faso subsidiary. The Burkina Faso Council of Ministers [...]
Study supports low-cost heap leach mine with strong NPV, IRR and rapid payback at US$1,250/oz gold Conference call on December 17, 2013 at 10:30 a.m. EST VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 17, 2013) - Editors Note: There is an image associated with this release. True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 13, 2013) - True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") announces that Mr. C. Noel Dunn has stepped down as a director of the Company following his departure from Liberty Metals & Mining Holdings, LLC ("Liberty"). Mr. Dunn joined the True Gold Board as Liberty's nominee [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 6, 2013) - True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") is pleased to announce that the Company has exercised its option to acquire the remaining 10% interest (the "Interest") in the Goulagou and Rounga permits (the "Permits"), two of the six permits comprising the Karma Gold [...]
Environmental permit, excellent metallurgical results and $23.5-million financing highlight recent progress VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 26, 2013) - True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") is pleased to announce financial results for the third quarter ending September 30, 2013 and business [...]
20,000-metre drill program more than doubles strike length of mineralization, returns intercepts of 1.55 g/t Au over 54.9 metres & 2.39 g/t Au over 26.0 metres VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 4, 2013) - True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") is pleased to announce that its recently completed drill [...]
Key Contract Awarded to SENET VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 17, 2013) - True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") today announced the start of detailed engineering and design for its flagship Karma Gold Project ("Karma Project") in Burkina Faso, West Africa. The Company has awarded a contract to [...]
