Amarillo Gold Corp. , is pleased to report that it has completed a debt settlement agreement as previously announced on November 14, 2019 with a creditor of the Company. This creditor is controlled by a director of the Company. Pursuant to this agreement, the Company has agreed to issue an aggregate of 541,656 common shares in the capital of the [...]
Amarillo Gold Corp. , is pleased to announce that it has submitted an application for the Installation License for the Mara Rosa Project. The application was made with SEMAD , Goias State, Brazil. The LI authorizes the installation of the project or activity according to the specifications contained in the plans, approved programs, designs, and [...]
Amarillo Gold Corp. , is pleased to announce that it has entered into debt settlement agreements with certain creditors of the Company, including two directors of the Company. Pursuant to these agreements, the Company has agreed to issue an aggregate of 1,098,798 common shares in the capital of the Company at a deemed price of $0.21 per Common [...]
Amarillo Gold Corp. , is pleased to announce that we will be attending the following conferences: Precious Metals Summit, Zurich to be held in Zurich, Switzerland from Monday, November 11th to Tuesday, November 12th, 2019 at Park Hyatt Hotel Zurich. Presenting on November 12th at 11:30am – 11:45am. 121 Mining Investment Conference London to [...]
Amarillo Gold Corp. , is pleased to announce that it has engaged Auramet International, LLC as Financial Advisor in conjunction with project financing for the Mara Rosa Project in Goias State, Brazil. Auramet's role will be to work with management in reviewing various financing strategies and assist in discussions with potential lenders. Auramet is [...]
Amarillo Gold Corp. , is pleased to announce that all resolutions presented at the Company’s Annual and Special General Meeting of Shareholders held on September 25, 2019 were approved by the shareholders of the Company, being resolutions in regards to the following: The reappointment of MNP LLP, Chartered Accountants as auditors of the [...]
Amarillo Gold Corp. is pleased to provide an update on corporate activity and the development of its flagship Mara Rosa Gold Project. The Company’s major focus is on completing a feasibility study , basic engineering and an application for a license-to-install , all by the end of this year. As a result, SRK, Ausenco and GHT Engenharia have [...]
Amarillo Gold Corp. , is pleased to announce the closings of the previously announced private placements of 50,025,000 units of securities of the Company at $0.20 per Unit, including the exercise of the over-allotment option , for aggregate gross proceeds to the Company of $10,005,000. Each Unit is comprised of one common share of the Company and [...]
Amarillo Gold Corp. , is pleased to announce that it has entered into a revised agreement with Mackie Research Capital Corporation as sole underwriter and sole bookrunner , to increase the size of the previously announced bought-deal, private placement offering of units of Amarillo at a price of $0.20 per Unit to $8,700,000 in aggregate gross [...]
Amarillo Gold Corp. , is pleased to announce that it has entered into an agreement with Mackie Research Capital Corporation as sole underwriter and sole bookrunner , whereby the Underwriter will purchase, on a bought-deal basis, 25,000,000 units of Amarillo at a price of $0.20 per Unit for gross proceeds to the Company of $5,000,000 . The lead [...]
Amarillo Gold Corp. is pleased to announce that effective July 1, 2019, Arão Portugal has assumed the position of Country Manager for Amarillo’s Brazilian subsidiaries AMARILLO MINERAÇÃO DO BRASIL LTDA and MINERAÇÃO LAVRAS DO SUL LTDA. Mr. Portugal has been working half-time with the Company since 2015 as [...]
Amarillo Gold Corp. is pleased to announce that further to its news releases dated May 15, 2019, and May 31, 2019, the Company has successfully closed the second and final tranche of its previously-announced non-brokered private placement through the issuance of 958,515 units at a subscription price of $0.20 per Unit for aggregate gross proceeds to [...]