Steppe Gold Ltd. is pleased to announce that, further to its press releases dated January 22, 2024 and March 19, 2024, it has entered into a share exchange agreement pursuant to which Steppe Gold will acquire all of the issued and outstanding common shares of Boroo Gold LLC from an indirect, wholly owned subsidiary of Boroo Pte Ltd. in an all-share [...]
Steppe Gold Ltd. is pleased to announce its financial results for the year ended December 31, 2023. HIGHLIGHTS Fourth quarter and year ended December 31, 2023 Highlights Revenue for the three months and year ended December 31, 2023 amounted to $14,677 and $54,239 on sales of 7,242 and 27,050 gold ounces and 17,673 and 71,367 silver ounces [...]
Steppe Gold Ltd. is pleased to announce its financial results for the year ended December 31, 2023. HIGHLIGHTS Fourth quarter and year ended December 31, 2023 Highlights Revenue for the three months and year ended December 31, 2023 amounted to $14,677 and $54,239 on sales of 7,242 and 27,050 gold ounces and 17,673 and 71,367 silver ounces [...]
Steppe Gold Ltd. announces today that Aneel Waraich has resigned as a director and executive vice president of the Company and Greg Wood has resigned as Chief Operating Officer of the Company, each effective March 28, 2024, and the board of directors has accepted their resignations. The Company would like to thank Mr. Wood and Mr. Waraich for their [...]
Steppe Gold Ltd. is pleased to announce it has reached the next financing milestone for the Phase 2 Expansion at the 100% owned ATO Gold Mine . This coincides with further progress on the turnkey engineering, procurement, and construction contract , and the second project finance draw down of US$40.4m. Highlights Second draw down of US$40.4m from [...]
Steppe Gold Ltd. is pleased to announce that Steppe Investments Limited, a wholly owned subsidiary of the Company, has entered into an amended and restated gold prepay agreement with Triple Flag International Ltd. for an additional advance under its previously negotiated short-term gold prepay facility . Under the terms of the Prepay Agreement [...]
Steppe Gold Ltd. is pleased to announce the extension of the binding term sheet entered with, among other parties, Boroo Gold LLC dated January 18, 2024 , pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Boroo Gold in an all-share transaction . The [...]
Steppe Gold Ltd. announces the following Board changes. Matthew Wood has resigned as a director of the Company. The President of the Company, Byambatseren Tsogbadrakh, has joined the Board, with both notifications effective immediately. The Company would like to pay special thanks to Mr. Wood for his outstanding contributions to Steppe Gold. As one [...]
Steppe Gold Ltd. is pleased to announce that it has entered into a binding term sheet pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Boroo Gold LLC in an all-share transaction . Transaction Highlights: Boroo Gold is a leading gold producer with an [...]
Steppe Gold Ltd. is pleased to announce that it has entered into a turnkey engineering, procurement and construction contract , with Hexagon Build Engineering LLC for the Phase 2 Expansion at the ATO Gold Mine . Hexagon is an experienced construction group active in Mongolia and internationally. As at the date of execution of the EPC Contract, the [...]
Steppe Gold Ltd. invites individual and institutional investors as well as advisors and analysts to attend its real-time, interactive presentation at the Emerging Growth Conference Steppe Gold Ltd. , is pleased to announce that it has been invited to present at the Emerging Growth Conference on Wednesday, December 6, 2023. The next Emerging Growth [...]
Steppe Gold Ltd. is pleased to announce its financial results for the third quarter ended September 30, 2023. HIGHLIGHTS Third quarter and nine months ended September 30, 2023 Highlights Revenue for the three and nine months ended September 30, 2023, amounted to $15,765 and $39,562 on sales of 7,920 and 19,809 gold ounces, and 23,845 and 53,694 [...]