Barsele Minerals and Gold Line Resources are pleased to announce, further to the news release dated December 13, 2023, the successful completion of the merger transaction pursuant to which Barsele has acquired all of the issued and outstanding common shares of Gold Line by way of a court-approved plan of arrangement. Pursuant to the Arrangement [...]
VANCOUVER, BC and TORONTO, Feb. 21, 2024 /CNW/ - Gold Line Resources Ltd. is pleased to announce that on Tuesday, February 20, 2024, the Supreme Court of British Columbia granted a final order in respect of the proposed arrangement with Barsele Minerals Corp. under the provisions of the Business Corporations Act . The Arrangement is expected to be [...]
Gold Line Resources is pleased to announce that at a special meeting of shareholders of Gold Line held yesterday, Feb 15, 2024, the Gold Line Shareholders voted overwhelmingly in favour of the resolution approving the proposed arrangement with Barsele Minerals Corp. by way of a court-approved plan of arrangement. Pursuant to the Arrangement, among [...]
Gold Line Resources is pleased to announce that it has completed the first tranche of its non-brokered private placement and has issued 10,730,000 units, at a price of $0.10 per Unit for gross proceeds of $1,073,000. Each Unit consists of one common share and one-half of one share purchase warrant. Each Warrant entitles the holder to purchase one [...]
Gold Line Resources is pleased to announce that Mr. Gernot Wober has been appointed to the Company's Advisory Board. Mr. Wober is a professional geologist and has over 32 years of international resource exploration experience. Mr. Wober is currently VP Exploration for Discovery Silver Corp. where he started in 2018, and in 2019 identified the [...]
Gold Line Resources is pleased to announce a non-brokered private placement of up to 20,000,000 units at a price of $0.10 per unit for proceeds of up to $2,000,000. Each unit will consist of one common share and one-half of one share purchase warrant. Each full warrant will entitle the holder to purchase one common share at a price of $0.20 per [...]
Gold Line Resources is pleased to provide an update on exploration activities on its 100%-owned Paubäcken and Storjuktan projects located in the Gold Line Belt, northern Sweden. The summer 2023 exploration was designed to progress existing targets and identify additional targets through execution of systematic exploration programs consisting of [...]
Gold Line Resources is pleased to announce the appointment of Mr. Taj Singh as a President, CEO and Director of the Company. Mr. Singh's appointment is effective immediately and will be supported by outgoing CEO Adam Cegielski who will continue to serve on the Company's Board of Directors. Mr. Singh brings over 22 years of mining and resources [...]
Gold Line Resources Ltd. is pleased to announce that it has entered into an amending agreement to the previously announced asset purchase agreement dated March 19, 2021 among the Company, EMX Royalty, Agnico Eagle Mines, Agnico Eagle Finland Oy and Agnico Eagle Sweden AB, pursuant to which Gold Line acquired a 100% interest in Agnico's Oijärvi Gold [...]
Gold Line Resources is pleased to announce that, further to its news release of April 3, 2023, the Company has closed its non-brokered private placement for gross proceeds of $1,000,000. In closing the Private Placement, the Company issued an aggregate of 8,333,334 units at a price of $0.12 per unit consisting of 8,333,334 common shares and [...]
Gold Line Resources Ltd. is pleased to announce results from the 2022 winter drill program at the Company's Paubäcken Project. Follow-up diamond drilling along the Aida shear corridor on the Paubäcken Project completed in November 2022 consisted of six new diamond drill holes for a total of 882 m. Drilling intersected Au mineralization over 250 m [...]
Gold Line Resources Ltd. is pleased to announce the results of its annual general meeting of shareholders held on December 23, 2022. The Company elected five directors to its board, re-electing Toby Pierce and Adam Cegielski and three new directors, namely, Greg McCunn, Benjamin Gelber and Robert Leckie. Mr Greg McCunn is a senior mining executive [...]
