Crown Gold is pleased to announce that it has signed a letter of intent with UC Resources to grant UC an option to acquire Crown's McKenzie Island property in Red Lake, Ontario. To acquire 100% of the property, UC must issue 2,000,000 consolidated UC shares and pay $395,000 in cash over a 5-year period. The transaction is subject to a number of [...]
Crown Gold announces a non-brokered private placement for aggregate gross proceeds of up to $300,000 comprised of up to 30,000,000 units at a price of $0.01 per unit on a pre-consolidation basis. Each whole warrant will entitle the holder to purchase one common share for $0.03 (on a pre-consolidation basis) at any time within 2 years after closing [...]
Crown Gold has filed a National Instrument 43-101 technical report entitled "Technical Report on the McKenzie Island Project, Red Lake, Ontario" dated December 30, 2013, and prepared by Scott Franko, an independent qualified person under NI 43-101. The NI 43-101 report is available under the company's profile on SEDAR. The date for the Annual and [...]
Crown Gold announces the completion of a previously announced non-brokered private placement for aggregate gross proceeds of up to $120,000 comprised of 125 convertible debentures in denominations of $1,000 or multiples thereof . The Debentures will mature in 3 years from the date of closing of the Offering and will bear interest at a rate of 20 [...]
Toronto, Ontario--(Newsfile Corp. - November 15, 2013) - Crown Gold Corp. (TSX Venture: CWM) ("Crown" or the "Company") is pleased to announce that it has received and filed on SEDAR a National Instrument 43-101 report entitled "Technical Report and Resource Estimate for the Superior Project, Plumas County, California". The report was prepared by [...]
Crown Gold announces a proposed non-brokered private placement for aggregate gross proceeds of up to $200,000 comprised of convertible debentures in denominations of $1,000 or multiples thereof. The Debentures will mature in 3 years from the date of closing of the Offering and will bear interest at a rate of 20% per annum payable annually (or on [...]
Toronto, Ontario--(Newsfile Corp. - October 2, 2013) - Crown Gold Corp. (TSXV: CWM) ("Crown" or the "Company") is pleased to announce initial resource estimates, compliant with the requirements of National Instrument 43-101 ("NI 43-101"), for its 100% controlled Superior and Engels copper deposits located in northeast California, USA.Highlights:An [...]
Crown Gold is pleased to announce that it has commissioned a technical report on the recently acquired Superior and Engels copper mining properties to establish a work plan for the coming year. As stated in Crown's news release of July 12, 2013, these two mines reported joint production of 161.5 million pounds of copper, 23,000 ounces of gold, and [...]
Crown Gold is pleased to announce that is has purchased a copper property from Nevoro Copper, a subsidiary of Starfield Resources. The Property is located 14 miles southwest of the town of Susanville in Plumas County in northeastern California, 104 miles northwest of Reno. The Property consists of 132 unpatented mining claims and a lease of 36 [...]
Crown Gold reports that it has decided not to proceed with the proposed acquisition of Pasofino Gold which was announced on September 17. Stephen Dunn, CEO of Crown, said "We are disappointed that we were not able to complete this transaction, but the changing legal and regulatory framework in Colombia has made it difficult to complete the due [...]
Crown Gold announces a proposed non-brokered private placement for aggregate gross proceeds of up to $200,000 comprised of up to 4,000,000 units at a price of $0.05 per unit. Each whole warrant will entitle the holder to purchase one common share for $0.10 at any time within 9 months after closing subject to an acceleration clause. All securities [...]
Crown Gold is pleased to announce an update on the due diligence it has been conducting on the Mora property in Colombia that Crown has proposed acquiring through a merger with Pasofino Gold. During a visit to the property in November, Crown gained access to, and channel-sampled, 7 of the 40 adits which it has located to date on the Mora property [...]