Gowest Gold Ltd. is pleased to provide an update on the Company’s operations and other corporate activities. Advancing Underground Development Gowest announces that it is preparing to undertake a diamond drill program to provide critical information in preparation for extending the main ramp, locating the planned vent raise, as well as [...]
Gowest Gold Ltd. announced today that, pursuant to its previously announced non-brokered private placement , it has completed an initial closing of the Private Placement pursuant to which it raised aggregate gross proceeds of $2,043,049. Specifically, the Company has issued 5,000,000 units of the Company , at a price of $0.20 per Unit, for gross [...]
Gowest Gold Ltd. announced today that it intends to raise up to an aggregate of $6,000,000 pursuant to the issuance and sale, on a non-brokered private placement basis, of: up to 20,000,000 units of the Company , at a price of $0.20 per Unit, for gross proceeds of up to $4,000,000; and up to 9,090,910 flow-through units , at a price of $0.22 per FT [...]
Gowest Gold Ltd. announced today that it has completed its settlement with PGB Timmins Holdings LP in accordance with the minutes of settlement previously entered into between the parties. The material terms and conditions of the Minutes of Settlement are described in the Company’s August 19, 2019 press release. Pursuant to the Minutes of [...]
Gowest Gold Ltd. announced today that it has made certain changes to its Board of Directors. Effective today, Larry Phillips and John Frostiak have resigned as directors of the Corporation. Mr. Phillips and Mr. Frostiak have been long-serving directors of Gowest and their corporate, operational and technical expertise has been invaluable to the [...]
Gowest Gold Ltd. announced today that it has entered into minutes of settlement with PGB Timmins Holdings LP , an investment vehicle controlled by Pandion Mine Finance, LP, with respect to certain alleged defaults by Gowest of its obligations under the Pre-Paid Forward Gold Purchase Agreement , dated as of December 16, 2016, entered into between [...]
Gowest Gold Ltd. announced today that PGB Timmins Holdings LP , an investment vehicle controlled by Pandion Mine Finance, LP, has delivered to Gowest a Notice of Events of Default and Termination and a Notice of Intention to Enforce Security pursuant to section 244 of the Bankruptcy and Insolvency Act . Pursuant to the Default Notice, PGB alleges [...]
Gowest Gold Ltd. is pleased to announce assay results from the recently completed multi-purpose drill program at its 100% owned Bradshaw Gold Deposit within the Company’s North Timmins Gold Project . The drill holes were designed to provide infill detail on stopes to be mined in the bulk sample area and to test recently identified, new [...]
Gowest Gold Ltd. announced today that it has received gross proceeds of $8,000,000 from Fortune Future Holdings Limited pursuant to the completion of its previously announced private placement . Pursuant to the Private Placement, the Corporation has issued and sold to Fortune an aggregate of 17,777,777 common shares at a price of $0.45 per share [...]
Gowest Gold Ltd. announced today that it will implement the previously announced proposed consolidation of the outstanding common shares of the Corporation , on a one for ten basis, effective as of June 17, 2019. Shareholder approval in respect of the Consolidation was obtained at the Corporation’s annual and special meeting of shareholders [...]
Gowest Gold Ltd. announced today that it has obtained all required shareholder approvals necessary to close on its previously announced issuance and sale of common shares to Fortune Future Holdings Limited for aggregate gross proceeds of $8,000,000 . For further details concerning the Private Placement, please refer to the press release of the [...]
Gowest Gold Ltd. is pleased to announce that it has commenced a multi-purpose drill program at its 100% owned Bradshaw Gold Deposit within the Company’s North Timmins Gold Project . The drill holes are designed to both provide infill detail on stopes to be mined in the bulk sample area and to test recently identified, new high-grade gold [...]
