David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed the first tranche of the non-brokered private placement announced December 10th, 2019, and issued 4,705,882 FT Units for gross proceeds of $400,000. The FT Units consist of one flow-through share and one-half of one warrant, whereby each whole warrant entitles [...]
David H. Brett, President & CEO, Engold Mines Ltd., "EnGold" or the "Company") reports that the Company has arranged a non-brokered private placement of up to 9,000,000 flow-through units at a price of $0.085 per unit for gross proceeds of up to $765,000; and up to 4,000,000 non-flow-through units at $0.06 per unit for gross proceeds of up to [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that new soil geochemical surveys at the Scorpio porphyry target and the Aurizon West gold target on the Company's 100% owned Lac La Hache Property have revealed multiple significant anomalies that warrant further exploration. Aurizon Gold Deposit Area At Aurizon West, 441 samples [...]
David H. Brett, President & CEO, Engold Mines Ltd. reports that EnGold has now received the 3D model of its Lac La Hache Project from VRIFY Technology Inc. discussed in the Company's July 8, 2019 announcement. Also per the July 8th, 2019 the announced shares-for-services agreement with VRIFY , the cost of the services, $12,500, will be paid trough [...]
David H. Brett, President & CEO, Engold Mines Ltd., announces that the Supreme Court of British Columbia has rendered its decision with respect to the trial for legal proceedings between the Company and the Estate of former CEO Irvin Eisler . In the Decision, the Court found that the Estate was entitled to $72,500 in damages from the Company for [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that drill hole AZS19-80 intersected 6.18 gpt gold, 0.8 % copper and 2.63 gpt silver over 4.55 metres, including 13.9 gpt gold, 1.55 % copper and 4.8 gpt silver over 0.72 metres, within the Aurizon South gold structure located on the Company's 100% owned Lac La Hache Property in the [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that assay results are pending for 2 drill holes targeting the Aurizon Gold structure, 1500 soil samples collected at Scorpio, Aurizon West, Jodie and 8000 prospects and 91 bedrock samples collected across the 100% owned Lac La Hache Property in the Cariboo region of BC. Both Aurizon holes [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed a second tranche of the $500,000 non-brokered private placement of up to 4,545,455 flow-through shares that was announced June 24th, 2019. The Company has issued 750,000 flow-through shares at $0.11 per share for gross proceeds of $82,500 , which is in addition [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the remaining $180,000 of the Company's $500,000 flow-through private placement announced June 24th, 2019 is expected to close by October 3rd, 2019, subject to certain conditions, including but not limited to, the receipt of TSX Venture Exchange acceptance. A $320,000 first tranche of [...]
David H. Brett, President & CEO, Engold Mines Ltd. reports that the Company is set to recommence drilling of the Aurizon South Gold zone the first week of September, 2019, with the goal of potentially upgrading and expanding the maiden inferred resource announced in 2018. Also, crews will shortly commence a 1,500 station B-soil sampling program to [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has entered into a shares-for-services agreement with VRIFY Technology Inc. pursuant to the provisions of TSX Venture Exchange Policy 4.3. Pursuant to the Agreement, VRIFY, which provides technology services to the Company, will receive its fees by way of the issuance of [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed the first tranche of the $500,000 non-brokered private placement of up to 4,545,455 flow-through shares that was announced June 24th, 2019. The Company has issued to a single institutional investor 2,909,091 flow-through shares at $0.11 per share for gross [...]
