Atlanta Gold Inc. (TSXV: ATG; OTC Pink: ATLDF) announces that it has reached agreement with the holders of its $2,050,000 principal amount convertible debentures (“Debentures”) and its US$6.1 million principal amount senior secured notes (“Notes”) to settle accrued and unpaid interest on the Debentures and Notes totaling [...]
Atlanta Gold Inc. (the "Company") (TSXV: ATG; OTC Pink: ATLDF) announces that the Idaho Department of Lands has approved the reclamation plan submitted in respect of proposed operations at the Neal Property and has granted a mine permit. The reclamation and operating permit is subject to certain conditions agreed upon with the Idaho State Lands [...]
Atlanta Gold Inc. (TSXV: ATG; OTC Pink: ATLDF) announces that it has reached agreements to issue a total of 26,390,000 common shares for aggregate consideration of C$2,375,100 to Jipangu Inc. (“Jipangu”). Under the terms of the agreements, Jipangu’s existing US$750,000 loan to the Company together with accrued interest thereon to [...]
Atlanta Gold Inc. (the "Company") (TSXV: ATG; OTC Pink: ATLDF) announces the retirement of James K. Gray, Wm. Ernest Simmons and John Jackson from its Board of Directors. Wm. Ernest Simmons has also retired as President and CEO of the Company. However Mr. Simmons will continue as President, CEO and Director of Atlanta Gold Corporation, the [...]
Atlanta Gold Inc. (the "Company") (TSXV: ATG; OTC Pink: ATLDF) announces that its subsidiary Atlanta Gold Corporation (“AGC”) has received notice that Idaho Conservation League and the Northwest Environmental Defense Center have submitted pleadings to reopen a previously closed case in the U.S. District Court in Idaho in which AGC was [...]
Atlanta Gold Inc. (the "Company") (TSXV: ATG; OTC Pink: ATLDF) announces that it has borrowed US$750,000 from Jipangu Inc. on an unsecured basis, bearing interest of 8% per annum and repayable on demand at any time after March 31, 2017 or in some instances sooner if the Company completes a significant equity financing before March 31, 2017. About [...]
Atlanta Gold Inc. (the "Company") (TSXV: ATG)(OTC Pink: ATLDF) announces payments of principal and interest on the Company’s outstanding Senior Secured Notes in the aggregate amount of US$2,617,000 are past due since August 31, 2016. The Company is in discussions with its lenders and others in respect of various financing alternatives to [...]
Atlanta Gold Inc. (TSXV: ATG; OTC Pink: ATLDF) announces that Kenji Sakai has been appointed to its Board of Directors. Mr. Sakai is the Executive Director of Jipangu Inc. where he is responsible for developing business strategies, mergers and acquisitions. Mr. Allan Folk has been appointed Chairman of the Board, succeeding James K. Gray as [...]
Atlanta Gold Inc. (TSXV:ATG; OTC Pink:ATLDF) announces that it has completed its previously announced C$500,000 private placement (see news releases of April 4 and April 13, 2016) for aggregate gross proceeds of $500,022. The Company today issued 3,785,571 common shares at C$0.07 per share for proceeds of C$264,990 and on April 13, 2016 issued [...]
Atlanta Gold announces that it has completed the initial tranche of its previously announced C$500,000 private placement for gross proceeds of C$235,032. The Company issued 3,357,600 common shares at C$0.07 per share. Net proceeds from the offering will be used for general working capital purposes. The Company paid finders’ fees of C$6,002 in [...]
Atlanta Gold Inc. (TSXV:ATG; OTC Pink:ATLDF) announces that it intends to complete a non-brokered private placement of up to 7,142,857 common shares at C$0.07 per share for gross proceeds of up to C$500,000. Net proceeds from the offering will be used for general working capital purposes. Jipangu Inc., currently a holder of 15% of the outstanding [...]
Atlanta Gold Inc. (TSXV: ATG; OTC Pink: ATLDF) announces that it has completed a further private placement of 1,750,000 common shares to Jipangu Inc for gross proceeds of C$120,750. Proceeds from the placement will be used for general working capital purposes. The common shares are subject to a four-month statutory hold period, which will expire [...]