Ranchero Gold is pleased to announce that trading of its shares has now started on the TSXV. It is also pleased to announce that the Company has contracted Globexplore Drilling. A rig is now being mobilized and is expected on site by the end of the week. The commencement of trading is the culmination of a reverse takeover of Melior Resources and a [...]
Ranchero Gold is pleased to announce that it has completed its previously announced reverse-takeover transaction with the private entity Ranchero BC Holding Corp. In accordance with the terms of the Transaction, the Company has acquired all of the issued and outstanding securities of Ranchero by way of a three-cornered amalgamation in accordance [...]
Melior Resources Inc. refers to its press release of June 28, 2021 regarding the Default Notice received from Pala Investments Ltd and the subsequent Standstill Agreement entered into with Pala. The Company announces that it has today entered into a further standstill amending agreement with Pala pursuant to which Pala has agreed to extend the [...]
Melior Resources Inc. is pleased to announce that Ranchero Gold Corp. has closed the second tranche of its previously announced private placement through the offering of an additional 454,545 subscription receipts at a purchase price of $0.55 per Subscription Receipt for gross proceeds of $250,000. In total, Ranchero has issued an aggregate of [...]
Melior Resources is pleased to announce that on July 14, 2021 Ranchero Gold closed its previously announced brokered and non-brokered private placement pursuant to which Ranchero issued an aggregate of 9,107,068 subscription receipts at a purchase price of $0.55 per Subscription Receipt for aggregate gross proceeds of $5,008,887. The Concurrent [...]
Melior Resources provides the following update on the reverse take-over transaction with Ranchero Gold pursuant to which Melior will acquire all of the issued and outstanding securities of Ranchero by way of a three-cornered amalgamation in accordance with the terms and conditions of the amalgamation agreement dated February 17, 2021, as amended [...]
Melior Resources announces that it has entered into an amalgamation agreement dated February 17, 2021 with Ranchero Gold and 1274169 B.C. Ltd., a wholly-owned subsidiary of the Company, pursuant to which the Company proposes to acquire all of the issued and outstanding securities of Ranchero by way of a three-cornered amalgamation, as more [...]
Melior Resources announces that it has entered into a non-binding letter of intent dated October 31, 2020 with Ranchero Gold with respect to a proposed transaction whereby Melior will acquire all of the issued and outstanding common shares in the capital of Ranchero. Ranchero holds an indirect 99.9% interest in a 22,367-hectare gold exploration [...]