Completed Two Months of Safe Production Gowest Gold Ltd. is pleased to provide an update on its significant progress in restarting the Corporation's 100% owned Bradshaw Gold Deposit . Bradshaw Highlights Underground team has achieved two months of safe production. All production and key infrastructure projects on target. Key groups fully staffed [...]
Gross Proceeds of up to $2,000,000 to Be Used to Expand the Mineable Resource at Bradshaw Gold Deposit Gowest Gold Ltd. announced today a proposed non-brokered private placement of up to 11,111,111 flow-through units of the Corporation , at a price of $0.18 per FT Unit, for gross proceeds of up to $2,000,000 . Each FT Unit will be comprised of one [...]
Funds Being Used for Planned Restart of Operations at Bradshaw Gowest Gold Ltd. announced today that it has completed its previously announced offering, on a private placement basis, of an aggregate of 150,000,000 units of the Corporation , at an issue price of $0.10 per Unit, for aggregate gross proceeds of $15,000,000 ; and, the conversion of its [...]
Gowest also completes settlement with Cementation Canada Inc. Gowest Gold Ltd. provided an update on its annual and special meeting of shareholders held yesterday , at which shareholders of the Company overwhelmingly approved certain resolutions necessary to complete the Company's previously announced private placements for aggregate gross proceeds [...]
Funds Being Used to Restart Operations at Bradshaw Gowest Gold Ltd. announced today that it has completed the issuance and sale of promissory notes of the Corporation in an aggregate principal amount of $10,000,000 to Lush Land Investment Canada Inc. . The purchase price for the Promissory Notes was an aggregate of $10,000,000. The issuance and [...]
Hiring Personnel for Planned April Restart Gowest Gold Ltd. announced today that it has engaged Dumas Contracting Ltd. in a four-year contract to assist with the restart of operations at the Bradshaw Gold Deposit , targeting the resumption of underground work in April, 2023. Dumas has already begun moving equipment to the site and is rapidly [...]
Funds to be Used for Planned Restart of Operations at Bradshaw Gowest Gold Ltd. announced today that investors have agreed to purchase from Gowest, on a non-brokered private placement basis, securities of the Corporation for aggregate gross proceeds of $25,000,000. Specifically: Greenwater Investment Hong Kong Limited and other investors have [...]
Gowest Gold Ltd. announced today that it has entered into minutes of settlement with Cementation Canada Inc. , with respect to Cementation's claim against the Company issued under the Construction Lien Act , seeking payment of approximately $7,436,500 for certain services and materials provided to the Company under a contract between the parties [...]
Gowest Gold Ltd. announced today that the Corporation's Board of Directors has approved a change of the Company's auditors. The Board decided to change from McGovern Hurley LLP to DNTW Toronto LLP , effective January 9, 2023, until the next Annual General Meeting of the Company. There were no disagreements or unresolved issues with the Former [...]
Gowest Gold Ltd. announced today that it has closed its previously announced non-brokered private placement of 3,375,000 flow-through common shares, at an issue price of $0.08 per share, for gross proceeds of $270,000 . The Corporation also announced that it will issue 1,112,875 shares to settle an aggregate of $89,030 of indebtedness at a deemed [...]
Funds to be Used Primarily to Expand the Mineable Resource at Bradshaw Gold Deposit Gowest Gold Ltd. announced today a proposed non-brokered private placement of up to 6,250,000 flow-through common shares, at an issue price of $0.08 per share, for gross proceeds of up to $500,000 . The gross proceeds of the Offering will be used to incur "Canadian [...]
Gowest Gold Ltd. announces the resignation of Mr. Gilbert Lawson, P. Eng., as a director of the Corporation to take on the role of Interim General Manager at Kinross Gold's Tasiast Mine in northwestern Mauritania. The Corporation has commenced a search for Mr. Lawson's replacement. C. Fraser Elliott, Chairman, commented: "I would like to thank Gil [...]