Critical Resources Ltd. managing director Alex Cheeseman speaks with Proactive's Elisha Newell after the company kicked off its 2023 diamond drilling program at the Mavis Lake Lithium Project in Canada. The drill campaign will cover at least 20,000 metres and is set to run throughout the year, following hot on the heels of a similarly sized [...]
Sovereign Gold has secured an exclusive option to acquire 100% of 28 unpatented mining claims (317 Claim Units) within the Crescent Lake Lithium Prospects in Ontario, Canada. Highlights: - Option secured over 317 Claim Units encompassing 5,072 hectares (50.72 km2) - Sovereign Gold claims extend northeast 11.5 kms from its contact with the [...]
Sovereign Gold offer is for the full acquisition of Mount Adrah Gold. Sovereign Gold is offering Mount Adrah Shareholders four Sovereign Gold shares (at 4.8 cents on offer date) for each Mount Adrah share including options held by them.Offer value is 19.2 cents per Mount Adrah share including options.The Offer is subject to obtaining all necessary [...]
Further acceptances for Sovereign Gold Co offer for its Mount Adrah shares and options has increased Sovereign Gold's interest in Mount Adrah Gold to 97.9%.Sovereign Gold's offer is for the full acquisition of Mount Adrah Gold. Sovereign Gold is offering Mount Adrah Shareholders four Sovereign Gold shares (at 4.8 cents on offer date) for [...]
Hudson Resources Limited has accepted Sovereign Gold Company offer for its Mount Adrah shares and options bringing Sovereign Gold's interest in Mount Adrah Gold to 95.9%. Sovereign Gold's offer is for the full acquisition of Mount Adrah Gold. Sovereign Gold is offering Mount Adrah Shareholders four Sovereign Gold shares (at 4.8 cents on [...]
Raffles Capital and Sovereign Gold have entered into a Share Acquisition Agreement bringing Sovereign Gold's interest in Mount Adrah Gold to 76.12%. Sovereign Gold will make an offer for the full acquisition of Mount Adrah Gold Ltd. Sovereign Gold is offering Mount Adrah Shareholders four Sovereign Gold shares (last traded price was 4.8 cents) for [...]
Sovereign Gold provides an update on the current activities of its subsidiary company Mount Adrah in relation to its activities outside of the Hobbs area.ExplorationExploration in areas of Mount Adrah's significant tenure outside the Mount Adrah Gold Project focus area is advancing. Two new key greenfield targets have been identified. These [...]
Sovereign Gold advises that Hudson Resources Limited has acquired a 17.2% holding in Mount Adrah Gold, a subsidiary of Sovereign Gold. Hudson completed the acquisition of 10 million shares and 10 million options in Mount Adrah from AceA Resources Pte Ltd for $2 million. Mount Adrah has 58 million shares on issue, giving a value to Mount Adrah of [...]
Sovereign Gold Company is pleased to provide shareholders with an update on the current activities of Mount Adrah Gold. Recent drilling at the Mount Adrah Gold Project, in southern NSW, tested peripheral high-grade gold reefs, both proximal and distal, to the main Hobbs Pipe resource. The initial program using the Company's own Mac200 scout rig [...]
Sovereign Gold Co Ltd is pleased to announce that, following discussions with Hudson Investment Group Limited, Hudson have agreed to underwrite the first $1 million of the recently announced Share Purchase Plan (refer ASX release dated 17th June, 2014).Any shortfall from the first $1 million of the SPP Offer will be issued to the Underwriter or [...]
Sovereign Gold advises that it will implement a Share Purchase Plan (SPP) offering eligible shareholders the opportunity to purchase shares in Sovereign Gold without brokerage or other related charges.The Offer price will be the lower of 4 cents or a 10% discount to the volume-weighted average price of SOC shares traded on the Australian Securities [...]
Sovereign Gold Co has been advised by Mount Adrah Gold that it has withdrawn the IPO of Mount Adrah and has also withdrawn its application to list on the ASX.Mount Adrah also advises that funds received pursuant to the IPO to date will be returned to investors forthwith.Sovereign Gold retains its 72.11% interest in Mount Adrah. About Sovereign Gold [...]
