Goldshore Resources Inc. and Sierra Madre Developments Inc. are pleased to announce the closing of the previously-announced brokered private placement offerings, pursuant to which Goldshore issued an aggregate of 23,076,924 subscription receipts at a price of $0.65 per Subscription Receipt and Sierra Madre issued an aggregate of 13,333,335 [...]
Sierra Madre Developments is pleased to provide additional details on its proposed acquisition of Goldshore Resources Ltd. and the concurrent financing for gross proceeds of up to $25,000,000. The Business Combination and Concurrent Financing were announced by the Company and Goldshore in a news release dated January 26, 2021. About the Concurrent [...]
Goldshore Resources Inc. and Sierra Madre Developments are pleased to announce that the two companies have entered into an amalgamation agreement, effective January 25, 2021, pursuant to which Sierra Madre will acquire all of the issued and outstanding shares of Goldshore. Completion of the Business Combination will result in the reverse takeover [...]
Sierra Madre Developments Inc. announces that it proposes to carry out a change of management, share consolidation and a non-brokered private placement financing. Change of Management The Company announces that Carl von Einsiedel, Robert Anderson and Kathryn Witter have agreed to resign and directors and officers of the Company upon TSX Venture [...]
Sierra Madre Developments Inc. announces that the directors have approved a share consolidation and a private placement. The directors have approved the consolidation of the Company’s 53,980,827 issued and outstanding common shares on the basis of one new share for every 10 outstanding shares. The directors have also approved a private [...]
Sierra Madre Developments Inc. announces the results of its annual and special shareholders meeting, held today: Each of Carl von Einsiedel, Robert Anderson and Kathryn Witter was appointed as a director of the Company; The Company’s disposition of its interests in the Harrison Gold Project, to its subsidiary - Bear Mountain Gold Mines Ltd [...]
Sierra Madre Developments Inc. is pleased to provide the following corporate update: CTO Revocations The Company recently filed its financial statements and corresponding MD&A and certifications for the fiscal years ended March 31, 2017 and 2018. It has also filed its interim financial statements, MD&A and certifications for the three months ended [...]
Morro Bay Capital and Sierra Madre Developments announce that they have entered into an arm's-length non-binding letter of intent pursuant to which Morro Bay will acquire all of the interests of Sierra Madre in the Penoles project in Mexico. The Transaction will see Morro Bay acquire all of Sierra Madre's Mexican mining interests in exchange for 16 [...]
