Solstice Gold Corp. announces today it issued 2,700,000 stock options to certain directors, officers, and employees of Solstice. Options are exercisable for one common share of the Company at an exercise price of $0.07 and have a five-year term. The Options vest one third immediately, one third one year from the date of grant and one third two years from the date of grant. The Options are governed by the Company's Stock [...]
Solstice Gold Corp. is pleased to provides results of its Phase 1 drill program and to announce the 4,000m, fully funded and permitted, Phase 2 diamond drill program at our 100% owned, royalty-free Red Lake Extension project, located in the northwestern corner of the Red Lake Gold Camp will commence in January 2023. Phase 2 drilling will test parts of the project that are better accessed during the winter drill season [...]
Solstice Gold Corp. is pleased to provide an update on the Company's royalty and property portfolio with assets located in Ontario and Quebec. The portfolio was acquired in October 2021 as part of the Company's strategy of value creation for shareholders, to decrease the Company's financial risk and to potentially generate funding for our exploration activities at our core properties. The potential undiscounted cash [...]
Solstice Gold Corp. is pleased to report the closing of its previously announced private placement financing on Tuesday, August 30, 2022 , for gross proceeds of approximately $2.7 million through the issuance of: 12,766,667 units at a price of $0.12 per HD Unit, each comprised of one common share of the Company and one warrant exercisable for one Common Share at $0.17 for 18 months from the Closing Date; and 8,707,216 [...]
Solstice Gold Corp. Further to the news release issued on August 8, 2022, the Company is pleased to announce that in response to strong investor demand it has upsized its previously announced non-brokered private placement from gross proceeds of $1.1M to a minimum of $3M and amends the Offering terms as set out below. Participation continues to be led by members of the board of directors, the management team, and a new [...]
Solstice Gold is pleased to announce that it intends to complete a financing by way of a non-brokered private placement for aggregate proceeds of $1.1 million subject to increase at the discretion of the board of directors of the Company. Offering participation will be led by members of the management team, board of directors and a new institutional investor. The Offering will consist of: (i) common shares of the Company [...]
Solstice Gold Corp. is pleased to provide an update on progress and observations made during Phase 1 drilling at its 100% owned, Red Lake Extension project. RLX has been the focal point of our dominant land holdings of over 180km2 of prospective greenstone extensions and important regional structures. The initial 5,000m was designed to test three main target areas at an average depth of ~250m below surface. The Company [...]
Solstice Gold Corp. is pleased to announce the commencement of Phase 1 drilling at its 100% owned, Red Lake Extension project. The 5,000m will test three main target areas at an average depth of ~250m below surface. The target areas outlined in this news release are the initial or summer target areas and exclude winter-accessible areas of the project. Mike Timmins, Solstice CEO stated, “After a year of systematic [...]
Solstice Gold is pleased to provide an update on the Company’s royalty and property portfolio with assets located in Ontario and Quebec. The portfolio was acquired in Oct 2021 as part of the Company’s strategy of value creation for shareholders, to decrease the Company’s financial risk and to potentially generate funding for our exploration activities at our core properties. This acquisition also resulted in our Red Lake [...]
Solstice Gold Corp. is pleased to provide an update on the exploration plans for its 100% owned New Frontier project, located in the northern extension of the prolific Red Lake Gold Camp . New Frontier is approximately 20 km NW of our Red Lake Extension project which is permitted and funded for 5,000m of Phase 1 drilling, planned to commence in early June, 2022 . In this news release we provide compilation data from New [...]
Solstice Gold Corp. is pleased to announce that we have commenced exploration programs at our Atikokan Gold Project in the Hammond Gold Camp in NW Ontario. The 322 km2 Property is located approximately 120km west of Thunder Bay and 26km east of the Hammond Reef Gold Project owned by Agnico Eagle Mines Ltd. 1. Solstice believes that regional exploration work in recent years by both prospectors and Agnico have demonstrated [...]
Solstice Gold Corp. is pleased to announce that it has entered into an option agreement with an arm's length third party that provides the Optionee with the option to earn a 100% interest in the Cosgrave Copper Property which is comprised of 124 mining claims located in the Thunder Bay mining district of Ontario. Mike Timmins, Solstice's Chief Executive Officer stated, "This agreement is another excellent example of how [...]
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