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 [...]
Fortune Future Holdings Limited today announced that it has filed an early warning report in connection with the disposal of an aggregate of 17,777,777 Common Shares of Gowest Gold Ltd. , at a price of $0.35 per share, to an arm's length third party by private agreement. Prior to the Transaction, the Corporation held ownership and control over [...]
Gowest Gold Ltd. announces the resignation of Mr. Yungang Wu, P.Geo., as a director of the Board of the Corporation. The Corporation has commenced a search for Mr. Wu's replacement. C. Fraser Elliott, Chairman, commented: "I would like to thank Yungang for his support and dedication as a member of our team over the years as Gowest has continued to [...]
Gowest Gold Ltd. announced today that a statement of claim has been issued against the Company under the Construction Lien Act by Cementation Canada Inc., seeking payment in the amount of approximately $7.4 million in respect of certain services and materials provided to the Company under a contract between the parties dated as of March 2, 2017 [...]
Gowest Gold Ltd. is pleased to provide an update on its previously announced investment by Greenwater Investment Hong Kong Limited of up to $19,000,000 . In accordance with the terms and conditions of the subscription agreement between Gowest and Greenwater dated January 24, 2022 , Gowest has issued to Greenwater an aggregate of 84,615,383 Units [...]
Gowest Gold Ltd. provided an update on its annual and special meeting of shareholders held today at which a significant majority of shareholders present or represented by proxy voted in favour of the resolution approving the previously announced investment by Greenwater Investment Hong Kong Limited of up to $19 million. In accordance with the [...]
Gowest Gold Ltd. announced today that it has completed the issuance and sale to Greenwater Investment Hong Kong Limited of promissory notes in an aggregate principal amount of $7,500,000 , for an aggregate purchase price of $7,500,000. The issuance and sale of the Promissory Notes form part of a larger financing initiative of the Corporation [...]
Gowest Gold Ltd. announced today that Greenwater Investment Hong Kong Limited has agreed to purchase from Gowest, on a private placement basis, pursuant to a subscription agreement between the parties dated January 24, 2022: promissory notes in an aggregate principal amount of $7,500,000 , for an aggregate purchase price of $7,500,000 , which shall [...]
Gowest Gold Ltd. announced today that, following acceptance of the transaction by the TSX Venture Exchange, the Company has issued 1,503,644 shares to settle an aggregate of $240,583 of indebtedness . As previously announced , the shares were issued at a deemed price of $0.16 per share, to non-management directors of the Company, in satisfaction of [...]