SRG Mining announced that Sprott Private Resource Lending II, has converted the full outstanding amount of capital owed under the previously announced Sprott convertible debt facility to common shares of the Company. The total principal amount of US$482,371 has been converted at the pre-agreed conversion price of C$0.69 per share. As a result, SRG [...]
SRG Mining announced that La Mancha Fund SCSp has completed a non-brokered private placement in SRG, previously announced on March 16, 2022. SRG has issued 22,442,941 common shares to a subsidiary of the Fund at a price of C$0.56 per share, yielding proceeds to SRG of C$12,568,047. Upon completion of the Private Placement, the Fund now owns 19.9 [...]
SRG Mining Inc. announced today that La Mancha Fund SCSp , a fund advised by La Mancha Capital Advisory LLP , has completed its confirmatory due diligence and has received the internal approvals necessary to complete the private placement in SRG. The private placement now remains subject only to customary closing conditions, including TSX Venture [...]
SRG Mining Inc. announced that La Mancha Fund SCSp has agreed to acquire a significant 19.9% stake in SRG. Subject to final due diligence, execution of definitive documentation, and approval from La Mancha's Investment Advisory Committee and the Fund's manager, SRG will issue 22,442,941 common shares to the Fund through a private placement at a [...]
SRG Mining Inc. today announced the appointment of two experienced senior executives, highlighting its growth and long-term value creation plan. Effective immediately, Matthieu Bos has been appointed Chief Executive Officer and President of SRG and Patrick Moryoussef as Chief Operating Officer. "These senior executive appointments emphasise the [...]
SRG Mining is pleased to announce the closing of a non-brokered private placement. The Company has issued a total of 500,000 shares of SRG at a price of $0.54 per Unit for gross proceeds of CAD$270,000. The Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary approvals. All securities [...]
SRG Mining Inc. today announced it has, subject to regulatory approval, entered into a market-making agreement with Independent Trading Group pursuant to which ITG has agreed to provide market-making services to the Company in accordance with the policies of the TSX Venture Exchange and applicable laws. ITG will trade the securities of the Company [...]
SRG Mining today provides an update on recent activities related to its Lola graphite project located in Guinea. The Company has recently announced the closing of a CAD$4,800,000 private placement with namely two European businesspersons, Messrs. Eric Swenden and Christian Dumolin, through their related entities. With the financing in place, and in [...]
SRG Mining Inc. is pleased to announce the closing of a non-brokered private placement. The Company has issued a total of 9,600,000 units of SRG at a price of $0.50 per Unit for gross proceeds of CAD$4,800,000. Each Unit is comprised of one common share of the Company and one half of one non?transferable share purchase warrant. Each whole warrant [...]
SRG Mining Inc. is pleased to report the discovery of a new graphite occurrence in northern Liberia, West Africa. The discovery followed a geological investigation within SRG's Liberia exploration permit located immediately south of the border with Guinea and as a prolongation of the Lola graphite project in Guinea. SRG Liberia, who owns the [...]
SRG Mining Inc. announced today that further to its press release dated January 26, 2021 announcing a private placement in the form of a convertible debt financing for USD$7.5M with Sprott Private Resource Lending II, and the announcement of March 26, 2021 announcing the closing of the first tranche of the Financing for USD$800,000 which matured on [...]
SRG Mining Inc. announced today that further to its press release dated January 26, 2021 announcing the private placement in the form of a convertible debt financing for USD$7.5M with Sprott Private Resource Lending II, the parties have fully closed the first tranche on January 26, 2021 for USD$800,000. While the parties advance the finalization of [...]
