Volcanic Gold Mines Inc.

Volcanic Gold Mines is pleased to announce that it has closed its previously announced private placement financing with the issuance of 1,500,000 units at $0.25 per unit, for proceeds of $375,000. Each unit consists of one common share and one warrant entitling the holder to purchase one additional common share of the Company at $0.35 for one year [...]

Volcanic Gold Mines Inc. reports that it has completed its previously announced debt settlement transaction by issuing 3,840,620 common shares at a deemed price of $0.05 per share to settle a total of $192,031 in debt. The common shares issued have a resale restriction which expires on July 27, 2019. About Volcanic Volcanic brings together an [...]

Volcanic Gold Mines Inc. announces that management has determined that it is in the best interests of the Company and its shareholders to consolidate the issued common shares of the Company on the basis of one new share for every seven existing shares and thereafter complete a non-brokered private placement financing to raise proceeds of up to [...]

Volcanic Gold Mines Inc. announces that in order to preserve the Company's current cash position, management proposes to issue up to 4,000,000 common shares at a deemed price of $0.05 per share to settle up to $200,000 owing to creditors. The completion of the debt settlement is subject to stock exchange approval. About Volcanic Volcanic brings [...]

Volcanic Gold Mines Inc. announces that its Guinean operating subsidiary, Guiord SA , has not been successful in securing renewed title to its Mandiana Project exploration permits in the Republic of Guinea. Further to its news release of February 5, 2018, Volcanic has made considerable efforts to renew said title, a process that has been [...]

Volcanic Gold Mines Inc. is pleased to announce that further to its news release of February 5, 2018, management control over the Company’s Guinean operating entity, Guiord SA, has been re-established. Mr. Jeremy Crozier, President and CEO of Volcanic, has been appointed as Administrateur Général of Guiord, replacing the [...]

Volcanic Gold Mines hereby provides clarification with respect to the disclosure of Mineral Resources in its March 5 News Release, “Volcanic enters into option agreement to acquire gold properties in the Ivory Coast”. Specifically, it is noted the Inferred Mineral Resource is derived from an unpublished report entitled [...]

Volcanic Gold Mines is pleased to report that it has entered into a binding Memorandum of Understanding to acquire up to 100% of JOFEMA Mineral Resources SARL. The assets of JOFEMA under option consist of near-adjacent exploration permits and exploration permit renewals known as La Debo and Soubré, which together cover an area in excess of [...]

Volcanic Gold Mines announces that due to intransigence on the part of the Administrateur Général of its Guinean operating subsidiary, Guiord SA , Volcanic is not presently able to gain access to its Mandiana project in Guinea and has therefore postponed drilling activities at the project. The work program, originally to commence [...]

Volcanic Gold Mines announces that its Board of Directors has determined that it is in the best interests of the Company to extend the expiry date of certain previously issued private placement warrants. Accordingly, subject to TSX Venture Exchange acceptance, the expiry date of outstanding warrants to purchase a total of 3,250,834 common shares at [...]