Columbus Gold announces that its wholly owned subsidiary Allegiant Gold, has closed the brokered and non-brokered private placements of subscription receipts, as more particularly detailed in Columbus’ information circular dated October 27, 2017, for combined gross proceeds of $4,196,468.40. Under the terms of the subscription receipts, the [...]
Columbus Gold provides an update on the anticipated date of the Share Distribution Record Date, which determines the date upon which shareholders of record will be entitled to receive 1 share of Allegiant Gold, for every 5 shares they own of Columbus Gold. Columbus reported in its press release of November 7, 2017 that the Share Distribution Record [...]
Columbus Gold is pleased to announce that drilling has commenced at Columbus Gold’s 100% owned Eastside gold project in Nevada. The program is focused on expansion of the Original Zone, inside the pit to the west and to the south. Those areas of the pit are presently classified as waste since little to no drilling has been undertaken in those [...]
Columbus Gold, is pleased to announce that it has obtained the final order of the Supreme Court of British Columbia approving the Arrangement with Allegiant Gold, an important step in completing the spin-out of ALLEGIANT to the shareholders of Columbus. ALLEGIANT has filed an application to list on the TSX Venture Exchange. ALLEGIANT owns 14 [...]
Columbus Gold announces further to its news release of November 7, 2017, the results of its Special General Meeting held November 27, 2017. In this regard a special resolution approving the Arrangement with Allegiant Gold and ordinary resolutions approving the accompanying private placement of subscription receipts of ALLEGIANT and the adoption of [...]
Columbus Gold is pleased to announce that the Information Circular prepared in connection with the SGM to be held on November 27, 2017 to approve the Allegiant Gold spin-out has been mailed to Columbus Gold shareholders and filed on SEDAR together with the financial statements and MD&A of ALLEGIANT for the year ended September 30, 2016 and the nine [...]
Columbus Gold Corp. confirms that October 12, 2017 is the record date solely for the purpose of determining shareholders entitled to vote at its special general meeting of November 20, 2017 called for the purpose of approving the spin-out of Allegiant Gold, as detailed in a news release dated September 28, 2017. The date for determining the [...]
Columbus Gold is pleased to announce a website launch for its 100% owned subsidiary Allegiant Gold, which holds its U.S. property portfolio. The website has been created for ALLEGIANT in anticipation of it being spun-out of Columbus into a separate publicly traded company. ALLEGIANT intends to seek a listing on the TSX Venture Exchange in [...]
Further to recent news releases detailing the spin-out of Columbus' subsidiary Allegiant Gold, Columbus announces that ALLEGIANT proposes to conduct a unit private placement of up to CAN$12 million through a syndicate of brokers led by Beacon Securities, and including Haywood Securities, and Canaccord Genuity. The Offering will be made under [...]
Columbus Gold is pleased to announce that further to its news releases of July 21, 2017 and August 31, 2017, Columbus is pleased to announce the signing of an arrangement agreement providing for the spin-out of its subsidiary Allegiant Gold, with the intent of listing ALLEGIANT on the TSX Venture Exchange. ALLEGIANT indirectly holds Columbus [...]
Columbus Gold announces that it intends to spin-out its mineral projects in the United States into a separate publicly traded company to be named Allegiant Gold Ltd. Columbus is also pleased to provide an update on its drilling activities in Nevada. SPIN-OUT OF ALLEGIANT GOLD LTD. Columbus intends to proceed with a restructuring transaction whereby [...]