TORONTO, ONTARIO--(Marketwired - Oct 16, 2014) - AurCrest Gold Inc. (the "Company" or "AurCrest") (TSX VENTURE:AGO) wishes to announce that it is undertaking a non-brokered working capital unit private placement to raise proceeds of up to $200,000 (the "Offering") by offering up to 4,000,000 working capital units (each a "WC Unit") of the Company [...]
AurCrest Gold Inc. is pleased to announce assay results from the first two diamond drill holes of its 2014 exploration program at the Richardson Lake Property including a one metre intersection at the bottom of hole RL-14-08 grading 15.48 g/t Au. The Company is drill testing interpreted shear zones originally discovered in hole RL-12-07 associated [...]
AurCrest Gold Inc. wishes to announce that it has received approval from the TSX Venture Exchange to settle $255,295.58 of debt owed to Cyr Drilling International Ltd. by the Company in consideration for the issuance of 2,836,618 working capital units of the Company at a price of $0.09 per WC Unit. Each WC Unit consists of one common share of the [...]
AurCrest Gold Inc. is pleased to announce that the follow-up drill program to the March 2012 Richardson Lake gold discovery has commenced. The Company is drill testing interpreted shear zones originally discovered in hole RL-12-07 associated with a two kilometre long folded iron formation which has been identified as gold bearing from both surface [...]
AurCrest Gold Inc. wishes to announce that it has entered into an agreement to settle $255,295.58 of debt owed to Cyr Drilling International Ltd. by the Company in consideration for the issuance of 2,836,168 working capital units of the Company at a price of $0.09 per WC Unit. Each WC Unit consists of one common share of the Company and one (1 [...]
AurCrest Gold Inc. is pleased to announce it has engaged Toutalee Inc. as an investor relations consultant to assist the Company in its communication efforts and to increase awareness of its Richardson Lake gold discovery in the Birch-Uchi belt of the Red Lake mining division. The principal of Toutalee Inc. is Wally Brooks. Wally worked for the [...]
AurCrest Gold is pleased to announce that it has placed 4,240,000 working capital units of a non-brokered private placement for proceeds of $212,000. The securities issued are subject to a hold period expiring on November 8, 2014. Each WC Unit consists of one common share of the Company and one (1) share purchase warrant. Each WC Warrant entitles [...]
AurCrest is pleased to report that it has hired Aeroquest Airborne, a division of Geotech, to fly the remaining 11 kilometres of the untested Jacquie-Girl Iron Formation on its Richardson Lake property. The survey will begin the first week of June. The JGIF is a 12 kilometre long iron formation 100% owned by AurCrest. The first kilometre is host to [...]
AurCrest Gold wishes to announce that it has closed the first tranche of the non-brokered private placement announced in its Press Release dated April 16, 2014. The Company placed 1,300,000 working capital units for proceeds of $65,000 and 1,300,000 flow-through units for proceeds of $65,000. Each WC Unit consists of one common share of the Company [...]
AurCrest Gold wishes to announce that it will be undertaking a non-brokered flow-through unit private placement and a non-brokered working capital unit private placement to raise aggregate proceeds of up to $300,000 to provide it with operating and exploration capital for its Richardson Lake Property. AurCrest is offering up to 3,000,000 working [...]
AurCrest Gold is pleased to report that it has begun discussions with the Lac Seul First Nation and Cyr Drilling to work out a creative arrangement to train Lac Seul First Nations band members as certified drillers. This solution to the current exploration market would continue the drilling for gold within the 'Jacquie-Girl' iron-formation [...]
AurCrest wishes to announce that at its Annual General and Special Meeting of Shareholders held on August 21, 2013 Shareholders elected the six (6) directors nominated by management, re-appointed the Company's auditor, Wasserman Ramsay, Chartered Accountants, ratified the Company's Stock Option Plan and confirmed the new General By-Law Number 1-A [...]