Cardinal Resources Ltd. refers to its announcements of 30 March and 4 May 2020 in respect of the continuing strategic process with banks, financiers and other parties which continue to show interest in bringing the Namdini Project into production with a view to maximising economic outcomes . The Company also notes the recent local Ghanaian media [...]
Cardinal Resources Ltd. is pleased to announce that the senior secured credit facility has been assigned from Sprott Private Resource Lending , L.P. to the Ghana Infrastructure Investment Fund , a Ghana Government owned infrastructure investment vehicle. The Company has been informed that completion of the acquisition by GIIF occurred on 4 June [...]
Cardinal Resources Ltd. is pleased to provide an update in relation to the development of its 5.1Moz* Namdini Gold Project in Ghana, West Africa. Project Permits and Approval Status - July 2018 - Environmental Impact Statement development and documentation process initiated - December 2019 - Cardinal submitted its Draft EIS for development of the [...]
Cardinal Resources Ltd. a Ghana gold focused exploration and development company, is pleased to present its Quarterly activities report for the period ended 31 March 2020. HIGHLIGHTS On January 29, 2020 the Company announced that together with its appointed advisers, Cutfield Freeman & Co, have received a number of term sheets from banks and [...]
Advanced West African gold developer, Cardinal Resources Ltd. is pleased to provide a corporate update to shareholders and commentary as to how the Company is managing the current COVID-19 pandemic. Nordgold The Company advises that further to the press release dated 16 March 2020, the Company is working constructively with Nordgold. A [...]
Cardinal Resources Ltd. is pleased to advise that it has received approval for the expansion of the current Mining Licence from 19 km2 to 63 km2, more than tripling the size of the Mining Licence for its world-class Namdini Gold Project in Ghana. HIGHLIGHTS - Mining Licence increased to a maximum allowable area of 63 km2 from 19 km2 for a term of [...]
The Board of Cardinal Resources Ltd. wishes to advise that it has received notification from Nord Gold SE that it has acquired a relevant interest in 19.9% of the shares in Cardinal, , and further advises that Nordgold would like to provide a non-binding indicative and conditional proposal to acquire all of the issued capital of Cardinal that it [...]
Cardinal Resources Ltd. is pleased to announce that the Resettlement Action Plan for the Company's Namdini Gold Project in Ghana, West Africa has been approved by the Minerals Commission of Ghana . HIGHLIGHTS - The RAP report was produced in accordance with the Minerals and Mining Regulation 2012 , and International Finance Corporation's [...]
Cardinal Resources Ltd. provide the latest presentation which will be presented at the PDAC Mining Conference in Toronto Canada. To view the presentation, please visit: https://abnnewswire.net/lnk/G598W500 About Cardinal Resources Ltd: Cardinal Resources Ltd. is a West African gold exploration and development Company that holds interests in [...]
Cardinal Resources Ltd. is pleased to announce the Water Extract Permits for the Company's Namdini Gold Project in Ghana, West Africa have been granted by the Ghanaian Water Resources Commission. HIGHLIGHTS - Water Use Permit has been granted by Water Resources Commission of Ghana to extract raw water from the White Volta River for mining and [...]
Cardinal Resources Ltd. a Ghana gold focused exploration and development company, is pleased to present its Quarterly activities report for the period ended December 31, 2019. HIGHLIGHTS - On October 3, 2019 the Company announced that it successfully raised $17.6M through exercise of the Company's Listed Options . A total of 117,398,958 Listed [...]
