Dixie Gold Inc. reports that its board of directors has approved the implementation of a new "fixed 10%" stock option plan , subject to final acceptance by the TSX Venture Exchange . The Fixed Plan is to replace the Corporation's current "rolling 10%" stock option plan . Unlike the Rolling Plan, the Fixed Plan sets a prescribed limit to the number [...]
Mr. Ryan Kalt reports that he has acquired 1,000,000 common share units of Dixie Gold Inc. on a direct basis through a private placement conducted by the Issuer . The Acquired Units were acquired at close of the Financing and were acquired pursuant to the terms of the Financing announced by the Issuer , and likewise as set out in the Form 62-103F1 [...]
Dixie Gold Inc. reports that it has closed a non-brokered common share unit financing by way of the issuance of 1,000,000 units at a price of $0.05 per Unit. Each Unit consisted of one common share of the Corporation and one transferrable common share purchase warrant which entitles the holder of a Warrant, upon further payment to the Corporation [...]
Dixie Gold Inc. advises that it was electronically sent correspondence this week from the Asubpeeschoseewagong Anishinabek , a First Nation in Ontario, Canada, notifying the Issuer of third-party litigation and, separately, calling for a cessation of mining activities. The Corporation holds certain mining claims in the Red Lake, Ontario region [...]
Dixie Gold Inc. announces that further to its previously announced financing by an additional two weeks to October 18, 2024. Should the Corporation not proceed to close the Financing on or before this date, the Financing will be cancelled, without any additional disclosure. About Dixie Gold Inc. Dixie Gold Inc. is a publicly traded exploration [...]
Dixie Gold Inc. reports that it intends to conduct a non-brokered financing to consist of up to 5,000,000 common share units . Units under the Financing will be issued at a price of $0.05 per Unit and each Unit shall consist of one common share of the Corporation and one common share purchase warrant that entitles the holder of a Warrant, upon [...]
Dixie Gold Inc. is pleased to report that it has divested four mining claims , deemed by the Corporation to be non-core and representing less than 0.4% of the claim count of its Red Lake Gold Project, for purposes of helping to facilitate anticipated regional infrastructure developments that involve corresponding surface area overlying the Claims [...]
Dixie Gold provides a fiscal summary to recap certain completed efforts related to its gold project. As outlined, during the past 24 months, the Red Lake Gold Project has received more than $600,000 of expenditures, which the Corporation views to be a significant amount relative to its listed-market capitalization, as well as in terms of a [...]
Dixie Gold reports that further to the Corporation's incentive stock option plan it has today granted an aggregate of 1,125,000 incentive stock options to directors and management of the Corporation. The options issued under the Incentive Stock Option Grant have an exercise price of $0.06, are exercisable for a period of 60 months, vest immediately [...]
Dixie Gold reports that it has entered into and executed a settlement agreement dated April 2, 2024 with Omnia Metals Group Ltd as relates to its prior commencement of legal proceedings as plaintiff against Omnia. Pursuant to the Settlement Agreement, the parties have resolved their differences without admission of liability and provided customary [...]
Mr. Ryan Kalt reports that he has privately acquired 5,000,000 common share units of Dixie Gold Inc. on a direct basis through a private placement conducted by the Issuer for which cash consideration of $250,000.00 was paid to the Issuer. The Acquired Units were acquired at close of the Financing and were acquired pursuant to the terms of the [...]
Dixie Gold is pleased to report that it has closed a non-brokered common share unit financing by way of the issuance of five million units at a price of $0.05 per Unit. Each Unit consists of one common share of the Corp and one common share purchase warrant that entitles the holder of a Warrant, upon further payment to the Corp, to acquire one [...]