Titan Minerals Ltd. CEO Melanie Leighton discusses with Proactive results from the remaining six drill holes of its maiden eight-hole diamond drilling campaign at Copper Ridge porphyry prospect within the Linderos Project in southern Ecuador. Additional broad intervals of porphyry copper-style mineralisation were intersected from the surface in [...]
Core Gold Inc. announces that following close of business on May 19, 2020, the Company effected the consolidation of its issued and outstanding common shares on a 75,000,000 to 1 basis, with the result that Titan Minerals Ltd. became the sole shareholder of the Company, and the Common Shares were thereafter voluntarily delisted from trading on the [...]
In response to logistical challenges posed by the COVID-19 pandemic, Titan Minerals Ltd. has announced that it is postponing the filing of its audited annual financial statements for the year ended December 31, 2019 and associated managements discussion and analysis . Titans announcement comes in connection with an Ontario Securities Commission [...]
90% At final expiry of the Offer period, Core Gold shareholders have tendered a total of 90.82% of the outstanding Core Shares to the Offer Titan to take-up and pay for the Core Shares tendered prior to expiry Upon take-up of the tendered shares, Titan will own 91.32% of Core Gold shares Titan now intends to pursue the delisting of Core Gold, and [...]
HIGHLIGHTS Core Gold shareholders have now tendered 82.34% of the outstanding Core Shares to the Offer Titan to take up and pay for the Core Shares tendered to date Upon take-up of the deposited Core Shares, Titan will hold 83.31% of Core Gold, including the 5.48% held on commencement of the Offer Having secured in excess of the 66.6% requirement [...]
HIGHLIGHTS Titan meets Minimum Tender Condition to Core Gold Offer with 53.3% of Core Shares now tendered by Offer Expiry Titan to take up Shares tendered to date and pay for the Shares taken up Titan has extended the period Core shareholders have to tender their Shares under the Offer until 9:00 a.m. on January 27, 2020 All conditions of the Offer [...]
Titan Minerals Ltd. is pleased to announce it has received firm commitments to raise gross proceeds of A$3.5 million via the issue of 21,875,000 new fully paid ordinary shares at an issue price of A$0.16 per Share . The Placement was strongly supported by domestic and offshore sophisticated and institutional investors. Canaccord Genuity Limited [...]
Offer raised to 3.1 Titan Minerals Ltd. shares for each Core Gold Inc. share, an increase of 24% over the original offer, representing a 227% premium to Core’s undisturbed price immediately prior to the announcement of Titan’s bid Core’s major shareholders enter into irrevocable lock-up undertakings to accept Titan’s bid [...]
With a wealth of international experience in mining and equities markets, Titan Minerals has the board to successfully progress the company’s assets, as well as those of proposed takeover target Core Gold Inc. . Titan launched a formal bid for Core Gold earlier this month offering 2.5 fully paid ordinary shares of Titan for each Core Gold [...]
Formal offer of 2.5 fully paid ordinary shares of Titan for each Core Gold common share held represents 164% premium to closing price of Core Gold shares on 13 September Compelling strategic rationale for merger, to create an emerging Latin American focused gold explorer, developer and producer, with a large portfolio in Ecuador and Peru, as well [...]
Keith Piggott, owning approximately 7% of the issued and outstanding shares of Core Gold Inc. today posted, to CoreTruth.ca, the December 2017 report by Peru’s Regional Directorate of Energy and Mines which includes disturbing details about the environmental track record of Titan Minerals Ltd.’s Tulin processing plant in Peru—a [...]
The Directors of Minera Gold are pleased to announce the results of the ground magnetic geophysical studies conducted at our Tumi disseminated gold and copper project, in southern Peru. The magnetic survey results are a follow up to the maiden trenching, sampling and drilling exploration results contained in our ASX release dated 19 July 2013. The [...]