Further to the announcement of August 20, 2019, the Company announces that it has entered into a loan agreement in connection with an additional working capital facility of up to US$5,000,000 with Avesoro Jersey Limited to assist with satisfying the Company's near term cashflow needs. The Company has drawn down the entire amount available under the [...]
August 20, 2019 /CNW/ - Avesoro Resources Inc. announces that it has received a non-binding expression of interest from its controlling shareholder, Avesoro Jersey Limited to acquire all of the issued and outstanding shares of the Company not already owned by AJL. Avesoro also takes this opportunity to provide the following update on operations at [...]
Avesoro Resources Inc. TSX: ASO AIM: ASO Avesoro Resources announces that, on the morning of August 9, 2019, its Youga Gold Mine in Burkina Faso experienced a security breach by an armed group of artisanal miners seeking to steal ore from the Mine's stockpile and who temporarily overran the Mine camp. With the local Gendarme , the Youga site was [...]
Aug. 8, 2019 /CNW/ - Avesoro Resources Inc. , the TSX and AIM listed West African gold producer announces the release of its unaudited Financial Statements and Management's Discussion and Analysis for the quarter and six months ended June 30, 2019. Serhan Umurhan, Chief Executive Officer of Avesoro, commented: "Following the operational transition [...]
TSX: ASO AIM: ASO Avesoro Resources Inc. , the TSX and AIM listed West African gold producer is pleased to announce that the Company's subsidiaries, Burkina Mining Company SA and Netiana Mining Company SA , have entered into an open pit mining contract with Orkun Group Sarl at the Youga Gold Mine in Burkina Faso. The Company is also providing an [...]
TSX: ASO AIM: ASO Avesoro Resources Inc. , the TSX and AIM listed West African gold producer announces its preliminary production results for the quarter ended June 30, 2019 from its New Liberty Gold Mine in Liberia, and Youga Gold Mine in Burkina Faso. Operational Highlights Consolidated gold production of 34,338 ounces in the Quarter, bringing H1 [...]
Avesoro Resources Inc. TSX: ASO AIM: ASO Avesoro Resources Inc., , the TSX and AIM listed West African gold producer, is pleased to announce the Company has filed an updated technical report pursuant to National Instrument 43-101 relating to its Youga Gold Mine in Burkina Faso on SEDAR. The Report supports the disclosure made by the Company in its [...]
TSX: ASO AIM: ASO Avesoro Resources Inc. , the TSX and AIM listed West African gold producer is pleased to announce that, subsequent to its announcement of June 12, 2019, negotiations have now successfully concluded between the Company's proposed open pit mining contractor, Orkun Group Sarl and former employees of the Company's open pit mining [...]
TSX: ASO AIM: ASO Avesoro Resources Inc. , the TSX and AIM listed West African gold producer is pleased to announce that, subsequent to its announcement of June 12, 2019, negotiations have now successfully concluded between the Company's proposed open pit mining contractor, Orkun Group Sarl and former employees of the Company's open pit mining [...]
TSX: ASO AIM: ASO Avesoro Resources Inc. , the TSX and AIM listed West African gold producer, announces that, further to its announcement of June 10, 2019, negotiations remain on-going between the Company's open pit mining contractor, the Orkun Group Sarl and former employees of the Company's open pit mining department at its Youga mine in Burkina [...]
June 10 2019 /CNW/ - Avesoro Resources Inc., , the TSX and AIM listed West African gold producer, announces the following operational update including revised full year production and cost guidance. Serhan Umurhan, Chief Executive Officer of Avesoro, commented: "During Q1 and thus far in Q2, the Company has experienced significant ore dilution at [...]
TSX: ASO AIM: ASO Avesoro Resources Inc., , the TSX and AIM listed West African gold producer, is pleased to announce the release and publication of its unaudited Financial Statements and Management's Discussion and Analysis for the quarter ended March 31, 2019 . Q1 2019 Operational Highlights: Gold production of 45,098 ounces from the New Liberty [...]