Seabridge Gold announced today it has completed its acquisition of all of the outstanding shares of SnipGold under a Plan of Arrangement originally announced on April 19, 2016. On closing Seabridge issued 695,277 shares to acquire SnipGold, at an exchange ratio of one share of Seabridge for 63 outstanding shares of SnipGold Corp. Up to [...]
Seabridge Gold and SnipGold are pleased to announce that SnipGold held its annual general and special meeting of shareholders earlier today, and that the previously announced statutory arrangement involving Seabridge and SnipGold was overwhelmingly approved by SnipGold’s shareholders. Approximately 76% of SnipGold’s shares were [...]
SnipGold today announces the SEDAR filing and mailing of the materials for the annual general and special meeting of shareholders at which the previously announced statutory Arrangement with Seabridge Gold will be an item of business. The Arrangement Pursuant to the Arrangement it is proposed that Seabridge will acquire each outstanding common [...]
Share exchange transaction will result in Seabridge shareholders gaining exposure to SnipGold’s significant resource at its Iskut project while shareholders of SnipGold receive an immediate 124% premium and exposure to Seabridge’s KSM project, one of the largest undeveloped copper-gold projects in the world. Both projects are located in [...]
SnipGold in response to the trading halt issued by the Investment Industry Regulatory Organization of Canada, provides the following statement: As previously disclosed, the Company has had discussions with various third parties with respect to a possible transaction or agreement to advance the Iskut Property and the Company may continue to have [...]
SnipGold is pleased to announce positive results of a 2015 ground electromagnetic geophysical survey, that was completed on the Company's 100% owned Iskut Property located in the Golden Triangle of BC. The Lower McFadden has been advanced to drill-ready status. Exploration Background McFadden is a high-grade gold target where a linear trending [...]
SnipGold is pleased to provide an update on the upcoming KSP exploration program. Colorado Resources recently announced a planned 5,000 metre drill program on SnipGold's KSP Property, as part of Colorado's exploration expenditure commitments pursuant to an earn-in option signed in December 19, 2013. Under the terms of the Option Agreement [...]
SnipGold announces that it has granted 1,534,500 stock options to officers, directors, employees and consultants. The stock options are set for a period of 5 years, expiring on February 26, 2021. Each stock option allows the holder to purchase one common share in the Company at a price of $0.10, with vesting provisions in accordance with TSX [...]
SnipGold is pleased to announce that it has closed the non-brokered flow-through private placement announced on December 14, 2015. The Financing was oversubscribed and increased from $75,000 to $90,350. A total of 1,390,000 flow-through common shares were issued at a price of $0.065 per share for gross proceeds of $90,350. Insider participation in [...]
SnipGold is pleased to announce a non-brokered private placement of flow-through shares at a price of $0.065 per share for gross proceeds of up to $75,000. The proceeds from the Financing are intended to advance the compilation and interpretative work, as well as the technical understanding, of the Iskut Property. This information will be used to [...]
SnipGold is pleased to announce the completion of the 2015 exploration program on its wholly-owned Iskut Property in Northern British Columbia. The 2015 exploration program focussed on sampling, prospecting, and a 14.7 kilometre ground-based electro-magnetic geophysical survey in the McFadden area, one of the many prospective areas of the Property [...]
SnipGold is pleased to announce that it has closed the second and final tranche of the financing announced on May 12, 2015. A total of 5,900,000 Non Flow-Through units were issued for gross proceeds of $295,000. The Financing remains subject to final acceptance by the TSX Venture Exchange. Each NFT unit was priced at $0.05 and consisted of one NFT [...]
