Golden Band reports that negotiations have been terminated on the previously announced $9 million debt facility with Sprott Resources Lending Partnership. Rob Garden, President of the Board of Golden Band commented, “We genuinely believe in the great potential of our gold deposits under development. While interested in developing these deposits as [...]
Golden Band reports that Gary Haywood, Vice-President, Operations and Chief Operating Officer, has resigned effective January 13. Until that date he will continue to carry out all of his job duties and responsibilities. A search for his successor is already underway. Heading up the transition team until a permanent replacement is employed are John [...]
Golden Band Resources is pleased to announce that Sprott Resource Lending Partnership has agreed to provide $9 million in senior secured financing to the Company. The funds will be used to advance development of the Komis and Golden Heart gold deposits and for general corporate purposes.
Golden Band Resources Inc. released its interim financial and operating results for the quarter ended October 31, 2011 (Q2 2012). All figures are reported in Canadian dollars, unless otherwise noted: For the first time in its history, the Company reported income from operations - $4.5 million for Q2 2012.
Golden Band is pleased to announce that its Annual General Meeting (AGM) of the Shareholders was held on October 25, 2011. Business conducted at the AGM included the election of Ronald Netolitzky, Klaus Lehnert-Thiel, A. Robson Garden, Robert Ingram, Stuart Diamond, John Tosney, and Archie Nesbitt as the Company's board of directors [...]
Golden Band is pleased to announce that, effective November 1, 2011, A. Robson Garden, QC, has been appointed President and CEO of Golden Band Resources and that Ronald Netolitzky will resume his non-executive Chairman's role for the Company. Ronald Netolitzky, Golden Band's Chairman, states, "I am very pleased that Rob Garden is Golden Band's new [...]
Golden Band is pleased to update our shareholders with further results from the summer exploration program and the initial follow-up diamond drilling on the newly discovered Fireweed Prospect (see news release of September 7, 2011). The Company is very encouraged by these initial follow-up results and is planning additional follow-up this fall and [...]
Golden Band released its interim financial and operating results for the quarter ended July 31, 2011 (Q1 2012). All figures are reported in Canadian dollars, unless otherwise noted: The Company reported revenue of $15.0 million for the quarter ended July 31, 2011, its first full quarter of commercial production, on sales of 10,031 gold ounces, an [...]
Golden Band Resources is very pleased to announce that the Company's Mallard Tailings Management Facility (TMF) has received final regulatory approval and work can now begin on completing the construction and re-commissioning work to have it ready for operations by the end of October 2012.
Golden Band is pleased to announce that it has made final payment on the US$7 million notes payable one month ahead of the scheduled payment date. The proceeds from the issuance of the notes, negotiated on September 1, 2010 and used in the development and refurbishment of the Roy Lloyd Mine and Jolu mill, were to be repaid over 10 instalments [...]
