Orion Mine Finance announced that on July 9, 2019, Orion Co-VI Ltd., a corporation controlled by Orion Mine Finance Management II Limited , entered into a purchase agreement with Electrum Strategic Opportunities Fund L.P. for the purchase of 70,400,000 common shares of Victoria Gold Corp. . The Purchased Shares were purchased for an aggregate [...]
Victoria Gold Corp. announces today that its two largest shareholders, Orion Mine Finance Inc. and Osisko Gold Royalties Ltd. have agreed a transaction whereby Orion Co-VI Ltd., a fund controlled by Orion, will purchase from Osisko all 154,517,996 common shares of the Company owned by Osisko at a purchase price of $0.46 per common share , which is [...]
Victoria Gold Corp. “Victoria” or the “Company” is pleased to announce that the 2019 Dublin Gulch exploration campaign has begun. Diamond drills and all required heavy equipment to support planned 2019 exploration are currently on the property and work will be focused on the Nugget Zone which hosts the Raven Target. The goal [...]
Victoria Gold Corp. is pleased to provide an end of May update on the Eagle Gold Mine. Highlights: Construction of the mine is 95% complete; Greater than 1.4 million hours have been worked without a Lost Time Incident; Open Pit benches have been established and more than 1.3 million tonnes mined; Primary Crusher, conveying systems, and ADR are [...]
Victoria Gold Corp. is pleased to announce certain amendments to its existing debt facilities. The Company has increased the senior secured credit facility to US$100 million from US$75 million while decreasing the subordinated secured credit facility to US$75 million from US$100 million. The quantum of the combined credit facilities remains [...]
Victoria Gold Corp. is pleased to provide an update on construction at the Eagle Gold Mine. Construction is over 90% complete with more than 1,250,000 hours worked without a Lost Time Incident . "With construction activities on the verge of completion and operations well advanced, the Eagle Gold Mine is nearing reality,” stated John [...]
Not for distribution to U.S. news wire services or dissemination in the United States. Victoria Gold Corp. announces today that the syndicate of underwriters led by BMO Capital Markets have partially exercised their over-allotment option to acquire an additional 4,221,604 common shares of the Company at a price of $0.44 per Common Share for [...]
Not for distribution to U.S. news wire services or dissemination in the United States. Victoria Gold Corp. announces today that it has closed its previously announced offering of common shares and “flow-through” common shares with a syndicate of underwriters led by BMO Capital Markets. The Public Offering consisted of 5,799,091 common [...]
Not for distribution to U.S. news wire services or dissemination in the United States. Victoria Gold Corp. announces today that, in an effort to facilitate closing and settlement mechanics for its previously announced bought deal financing, the syndicate of underwriters led by BMO Capital Markets have agreed to restructure the financing, carving [...]
Victoria Gold Corp. is pleased to provide an update on the construction at the Eagle Gold project. The project is now over 80% complete and recently hit a major milestone, exceeding 1,000,000 hours without a Lost Time Incident . The project team have worked approximately 240 days without an LTI at an average of 4,400 hours per day. "I am very [...]
Not for distribution to U.S. news wire services or dissemination in the United States Victoria Gold Corp. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on a bought deal basis, a combination of common shares and flow-through [...]
Not for distribution to U.S. news wire services or dissemination in the United States Victoria Gold Corp. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on a bought deal basis, a combination of common shares and flow-through [...]