Karus Mining Inc. announces that a new Chief Financial Officer has been appointed. Effective today, Anil Jiwani has resigned as the Company's CFO, and Dave Cross has been appointed as his successor. The Company would like to thank Mr. Jiwani for his service to the Company. We are very fortunate to have added Dave Cross to the Karus team as CFO [...]
Karus Mining announces, further to its news release of March 13, 2024 regarding the completion of its amalgamation with Theia Gold, that it has issued an additional 2,661,936 common shares pursuant to certain contractual obligations of Theia. As a result, two persons are required to announce their share holdings in accordance with National [...]
Karus Mining is pleased to announce the appointment of Alex Gostevskikh as a Director and Chief Executive Officer of the Corporation. Alex Gostevskikh MSc MBA, is a geologist with over 30 years of experience in international mining and exploration for such commodities as gold, uranium, and base metals. He has extensive corporate experience through [...]
Karus Mining is pleased to announce, further to its news releases dated August 14, 2023, Dec 18, 2023, and February 14, 2024, the completion of its previously announced amalgamation with Theia Gold Corp. Pursuant to the terms of an amalgamation agreement dated Dec 13, 2023, as amended, the Amalgamation was completed by way of a three-cornered [...]
Karus Gold is pleased to announce, further to its news releases dated August 14, 2023 and December 18, 2023, the completion of its previously announced common share consolidation on the basis of one post-consolidation Karus common share for every ten pre-consolidation Karus common shares. In addition, as permitted by the Articles, the board of [...]
Karus Gold announces it has signed an amalgamation agreement dated December 13, 2023 pursuant to which a wholly-owned subsidiary of Karus will amalgamate with Theia Gold Corp. and each of the issued and outstanding common shares of Theia following the amalgamation will immediately be exchanged for 2.5414 common shares of Karus on a post 10:1 [...]
Karus Gold announces that all matters proposed at the Annual General and Special Meeting of shareholders held today at 10:00AM Pacific Time were approved, including changes to the Board of Directors. As previously disclosed in the information circular sent to shareholders in support of the AGSM, Mr. Joe Ovnesek did not stand for re-election to the [...]
Karus Gold announces it has signed a binding Letter of Intent to acquire 100% of the issued and outstanding common shares of Theia Gold Corp., a private British Columbia incorporated company, by way of a business combination transaction that will result in the reverse takeover of Karus by Theia. James Hynes, Karus Director commented, "The Proposed [...]
Karus Gold announces a 2023 gold exploration program, changes to Karus' board of directors and management and a grant of restricted share units. 2023 Exploration Program Karus will undertake a 2023 exploration program which it expects to begin in Q3. The program is expected to focus on target generation of several key upside structures to the FG [...]
Karus Gold Corp. announces the mutual termination of the arrangement agreement entered into with Kenadyr Metals on Dec 28, 2022 in respect of the proposed transaction with Kenadyr previously announced on December 30, 2022. Kenadyr was unable to raise sufficient capital to meet the closing conditions and complete the transaction. As a result [...]
Karus Gold Corp. provides an update on the proposed transaction with Kenadyr Metals Corp. as previously announced on December 30, 2022. Karus and Kenadyr continue to work to complete the Proposed Transaction and the definitive binding agreement between Karus and Kenadyr remains in force. Pursuant to the Agreement, Kenadyr will acquire 100% of the [...]
Further to the press releases of each of Karus Gold Corp. and Kenadyr Metals Corp., dated December 30, 2022, Eric Sprott announces that 2176423 Ontario Ltd., a company which he beneficially owns, has entered into a voting support agreement with Karus Gold and Kenadyr Metals Corp. in connection with an arrangement agreement between Karus Gold and [...]
