Steppe Gold Ltd. is pleased to announce that, subject to regulatory approval, Byambatseren Tsogbadrakh will assume the role of President. Mr Bataa Tumur-Ochir will resign as President of the Company and will remain as Chairman and Chief Executive Officer of the Company. Ms Byambatseren Tsogbadrakh is a founding member of the Steppe Gold team and [...]
Steppe Gold Ltd. is pleased to announce that the chief executive officer of the Company , Mr Bataa Tumur-Ochir will also assume the role of Chairman, effective immediately. Mr Bataa Tumur-Ochir is a founding Director of Steppe Gold and he has led the Company as CEO since December 2019. He is also now the largest shareholder of the Company, on a [...]
Steppe Gold Ltd. is pleased to announce its financial results for the the quarter ended March 31, 2023. HIGHLIGHTS First Quarter Highlights Revenue for the three months ended March 31, 2023, was $9,525 on sales of 5,008 gold ounces and 651 silver ounces with average realized prices per ounce of $1,899 and $19 respectively. Production in the quarter [...]
Steppe Gold Ltd. , is pleased to announce that it has successfully completed a non-brokered private placement , raising a total of $12.1 million, which was upsized from the original estimate of $9 million. The private placement included participation from the Company's management and 2176423 Ontario, a company beneficially owned by Eric Sprott [...]
Steppe Gold Ltd. and Anacortes Mining Corp. are pleased to announce they have entered into an arrangement agreement pursuant to which Steppe Gold will acquire all of the issued and outstanding common shares of Anacortes by way of a court-approved plan of arrangement under the Business Corporations Act , in an all share transaction . Under the terms [...]
Steppe Gold Ltd. and Anacortes Mining Corp. are pleased to announce the extension of the parties' binding letter of intent dated March 6, 2023 , pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Anacortes by way of a court approved plan of arrangement [...]
Steppe Gold Ltd. , is pleased to announce a non-brokered private placement of approximately $9,000,000 , through the sale of common shares of the Company at a price of $1.10 per Common Share. The proceeds of the Private Placement will be used to accelerate the Phase 2 Expansion currently underway, to fund ongoing exploration as well as to support [...]
Steppe Gold Ltd. is pleased to announce its financial results for the year ended December 31, 2022. HIGHLIGHTS Year Ended December 31, 2022 Highlights Revenue for the year ended December 31, 2022, was $62,366 on sales of 33,681 gold ounces and 38,740 silver ounces with average realized prices per ounce of $1,818 and $20 respectively . Operating [...]
Steppe Gold Ltd. is delighted to share its feature segment on the Viewpoint Project, hosted by Dennis Quaid, in its mission to educate US investors on the Steppe story. As Mongolia's leading gold producer, and after a year of expansion and growth, including the recent binding agreement to acquire Anacortes Mining, Steppe Gold Ltd. is always looking [...]
Steppe Gold Ltd. today announces the filing of a technical report regarding its 100% owned Altan Tsagaan Ovoo Project located in Mongolia. The Technical Report titled "Altan Tsagaan Ovoo Project 2022 Mineral Resources & Reserves Report " has been prepared by Xenith Consulting Pty Ltd and GeoRes. The Technical Report is available under the Company's [...]
Steppe Gold Ltd. and Anacortes Mining Corp. are pleased to announce that they have entered into a binding letter of intent pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Anacortes by way of a court approved plan of arrangement under the Business [...]
Steppe Gold Ltd. is pleased to announce that it plans to pursue a dual primary listing of its common shares on the Main Board of the Stock Exchange of Hong Kong Limited , the premier listing venue for Asia-based companies, anticipated to occur later in 2023. The Company believes that a listing of its common shares on the HKEx will assist with [...]