Freegold Ventures Ltd. is pleased to provide an update on exploration activities at Golden Summit, located near Fairbanks, Alaska. Drilling remains ongoing and is expected to continue until mid-December. Drilling is planned to resume in early February 2021 and continue throughout 2021. The Company is well financed to carry out its proposed [...]
Freegold Ventures Ltd. is pleased to announce that the 59,047,026 outstanding subscription receipts of the Company have converted into an aggregate of 59,047,026 common shares of the Company and 29,523,513 common share purchase warrants, and that, concurrently, an aggregate of CDN$39,154,007, being the net proceeds remaining in escrow from the [...]
On September 18, 2020, Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired a total of 40,032,226 common shares of Freegold Ventures Ltd. and 20,016,113 common share purchase warrants pursuant to the conversion of subscription receipts originally acquired on May 26, June 2 and July 29, 2020. After [...]
Freegold Ventures Ltd. is pleased to provide the results of the 2020 Annual General and Special Meeting of Shareholders held on September 15, 2020 and announces that all matters set out in the Management Information Circular of the Company dated August 14, 2020 were approved by the shareholders of the Company. A total of 82,694,368 shares were [...]
Freegold Ventures Ltd. is pleased to announce additional assay results from Freegold's current 10,000 metre drill program on its Golden Summit Project, near Fairbanks, Alaska. GSDL2002, collared 150 metres to the east of GSDL2001 , was an independent test of Freegold's new interpretation of the potential for higher grade material to extend to the [...]
Eric Sprott announces that, on July 29, 2020, 2176423 Ontario Ltd., (a corporation which he beneficially owns) purchased 18,181,900 subscription receipts of Freegold Ventures Ltd, on a private placement basis, at a price of $1.10 per subscription receipt for aggregate consideration of $20,000,090. Each subscription receipt entitles the holder [...]
Freegold Ventures Ltd. , announces that further to its news release of July 9, 2020, the Company has closed its fully subscribed brokered private placement for gross proceeds of $34,500,070 including over-allotment proceeds . Paradigm Capital acted as sole agent on the Private Placement. In connection with the Private Placement, the Company entered [...]
Eric Sprott announces his holdings of securities of Freegold Ventures Ltd, all of which are through 2176423 Ontario Ltd., a corporation which is beneficially owned by him. Mr. Sprott beneficially owns and controls 38,916,278 common shares of shares Freegold Ventures (shares), 17,146,389 share purchase warrants and 21,850,326 subscription receipts [...]
Freegold Ventures Ltd. , a growth-focused gold exploration and development company, announces that it intends to raise up to C$30 million via a best efforts brokered private placement . Paradigm Capital Inc. will act as sole agent on the Private Placement of subscription receipts . Each Subscription Receipt will be issued at a price of C$1.10 per [...]
Freegold Ventures Ltd. – At the request of IIROC , Freegold wishes to confirm that it is not aware of any material, undisclosed information that would account for the recent increase in market price and level of trading volume of its ordinary shares. A 10,000 metre diamond drill program is currently in progress at Golden Summit. No results from [...]
Freegold Ventures Ltd. is pleased to announce that drilling has recommenced on its Golden Summit Project near Fairbanks, Alaska. A Phase 1 - 10,000 metre drill program is planned, starting with the completion of Hole GSDL2002 which was shut-down at 165 metres in March due to safety concerns resulting from COVID 19. Holes GSDL2001 and GSDL2002 were [...]
Freegold Ventures Ltd. announces that further to its news releases of May 7, 2020 and May 26, 2020, the Company has closed a fully subscribed second tranche of its previously announced brokered private placement for additional gross proceeds of $5,750,100, including over-allotment proceeds . Including proceeds from the first tranche, previously [...]