Posse

Amarillo acquisition closing and Lavras Gold spinout expected on April 1

Retrieved on: 
Wednesday, March 30, 2022

TORONTO, March 30, 2022 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (Amarillo or the Company) (TSXV: AGC, OTCQB: AGCBF) is pleased to announce that the acquisition of Amarillo by a subsidiary of Hochschild Mining PLC pursuant to a plan of arrangement (the Arrangement) under the Business Corporations Act (British Columbia) and the spin-out to Amarillo shareholders of all of the shares of Lavras Gold Corp. (Lavras Gold), is expected to occur on April 1, 2022.

Key Points: 
  • TORONTO, March 30, 2022 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (Amarillo or the Company) (TSXV: AGC, OTCQB: AGCBF) is pleased to announce that the acquisition of Amarillo by a subsidiary of Hochschild Mining PLC pursuant to a plan of arrangement (the Arrangement) under the Business Corporations Act (British Columbia) and the spin-out to Amarillo shareholders of all of the shares of Lavras Gold Corp. (Lavras Gold), is expected to occur on April 1, 2022.
  • Lavras Gold has received conditional approval to list the Lavras Gold Shares on the TSXV.
  • The trading symbol for the Lavras Gold Shares will be LGC and the ISIN and CUSIP numbers for the Lavras Gold Shares, respectively, will be as follows: ISIN CA51949L1004 and CUSIP 51949L100.
  • Further details regarding Lavras Gold are contained in Lavras Golds TSXV Form 2B Listing Application, which is expected to be available under Lavras Golds profile on SEDAR at www.sedar.com .

Amarillo files Management Information Circular for Meeting to approve acquisition by Hochschild

Retrieved on: 
Thursday, February 3, 2022

TORONTO, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (Amarillo or the Company) (TSXV: AGC, OTCQB: AGCBF) has mailed and filed a management information circular (the Circular) and related materials (the Meeting Materials) for its special meeting (the Meeting) of shareholders (collectively, Shareholders) to be held at 11:00 a.m. (Eastern time) on March 1, 2022, in connection with the proposed acquisition (the Transaction) of Amarillo by Hochschild Mining PLC (Hochschild).

Key Points: 
  • TORONTO, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (Amarillo or the Company) (TSXV: AGC, OTCQB: AGCBF) has mailed and filed a management information circular (the Circular) and related materials (the Meeting Materials) for its special meeting (the Meeting) of shareholders (collectively, Shareholders) to be held at 11:00 a.m. (Eastern time) on March 1, 2022, in connection with the proposed acquisition (the Transaction) of Amarillo by Hochschild Mining PLC (Hochschild).
  • Shareholders should closely review the Meeting Materials to ensure that they are able to cast their vote at and participate in the Meeting.
  • Shareholders should carefully review all the Meeting Materials as they contain important information concerning the Transaction and the rights and entitlements of Shareholders thereunder.
  • The Meeting Materials have been filed by the Company on SEDAR and are available under the Companys profile at www.sedar.com.

Amarillo to be acquired by Hochschild

Retrieved on: 
Tuesday, November 30, 2021

TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (Amarillo or the Company) (TSXV: AGC, OTCQB: AGCBF) has entered into an agreement (the Arrangement Agreement) with Hochschild Mining PLC (Hochschild), whereby Hochschild will acquire all of the outstanding shares of Amarillo by way of a plan of arrangement (the Arrangement) under the Business Corporations Act (British Columbia).

Key Points: 
  • TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (Amarillo or the Company) (TSXV: AGC, OTCQB: AGCBF) has entered into an agreement (the Arrangement Agreement) with Hochschild Mining PLC (Hochschild), whereby Hochschild will acquire all of the outstanding shares of Amarillo by way of a plan of arrangement (the Arrangement) under the Business Corporations Act (British Columbia).
  • A special meeting of the Amarillo shareholders is expected to be held in early 2022 to consider the Arrangement, with an information circular to be mailed to Amarillo shareholders prior to the meeting.
  • A copy of the Arrangement Agreement will be filed by Amarillo on SEDAR and will be reviewable under Amarillos profile at www.sedar.com.
  • Amarillo trades on the TSXV under the symbol AGC and the OTCQB under the symbol AGCBF.

Amarillo receives regulatory approval for Posse power line

Retrieved on: 
Monday, October 25, 2021

It was the final regulatory approval needed for the 67-kilometre 138-kilovolt power line that will cross three municipalities and connect the Companys flagship Posse mine to a substation in Porangatu.

Key Points: 
  • It was the final regulatory approval needed for the 67-kilometre 138-kilovolt power line that will cross three municipalities and connect the Companys flagship Posse mine to a substation in Porangatu.
  • The electrical power infrastructure includes this 138-kilovolt power line, the Porangatu substation expansion, diversion of the existing 69-kilovolt power line that traverses the Posse Mine, and a 34.5-kilovolt temporary line for power supply during construction.
  • The power line and Porangatu substation expansion are being built through a partnership between Amarillos subsidiary Amarillo Minerao do Brasil and Enel Brasil, the state power utility.
  • In addition, Amarillo has received approval from SEMAD to divert an existing power line that otherwise would run through the planned pit area for the Posse Mine.

Brown Ox Ventures Launches BullSnot! VizABull, ShineABull, & BlastABull at Pilot Flying J

Retrieved on: 
Tuesday, September 14, 2021

VizABull glass cleaner, ShineABull tire butter, and BlastABull odor eliminator launched at select Pilot Flying J retail locations across the country.

Key Points: 
  • VizABull glass cleaner, ShineABull tire butter, and BlastABull odor eliminator launched at select Pilot Flying J retail locations across the country.
  • According to Vann Brown, CEO of Brown Ox Ventures, "Interest in the herd of BullSnot!
  • Pilot Flying J heard the voice of the truckers and decided to do a select launch with the top 3 selling BullSnot!
  • products, please visit brownox.com or follow Brown Ox Ventures on Twitter, LinkedIn, Instagram, YouTube, and Facebook, #bullsnot.

A quarter of progress and consolidation for Amarillo

Retrieved on: 
Thursday, August 26, 2021

TORONTO, Aug. 25, 2021 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF) continued to explore its financing options for the Posse Gold Project during the second quarter, said the Company today as it announced its financial results for the six months ended June 30, 2021.

Key Points: 
  • As Amarillo reported last quarter, the Company had an exclusivity arrangement with an established financier that expired at the end of March.
  • Under that arrangement, Amarillo completed significant technical due diligence, a process that raised no red flags.
  • Over the course of the arrangement, Amarillo has significantly de-risked the project, and as such, believes that it could get better terms than were originally contemplated.
  • Amarillo trades on the TSXV under the symbol AGC and the OTCQB under the symbol AGCBF.

UNCSA partners with The Posse Foundation on new initiative to recruit diverse young artists

Retrieved on: 
Wednesday, July 14, 2021

UNCSA is the third school and the first conservatory to join Posse Arts , an expansion of the nationwide Posse Scholars program.

Key Points: 
  • UNCSA is the third school and the first conservatory to join Posse Arts , an expansion of the nationwide Posse Scholars program.
  • UNCSA will use existing and new scholarship funds for the Posse members, along with a $500,000 grant ($100,000 per year for five years) from The Posse Foundation.
  • Deborah Bial, president and founder of Posse, said, "We are thrilled to collaborate with UNCSA on the new Posse Arts initiative.
  • "As a community of artists, UNCSA will reap the rewards of partnering with Posse Arts to create a more diverse student body.

Amarillo receives License to Install for Posse

Retrieved on: 
Thursday, February 4, 2021

TORONTO, Feb. 04, 2021 (GLOBE NEWSWIRE) -- State regulators have approved the Posse Gold Mine, said Amarillo Gold Corporation today after receiving the License to Install (LI) for its project on the Mara Rosa Property in Gois, Brazil.

Key Points: 
  • TORONTO, Feb. 04, 2021 (GLOBE NEWSWIRE) -- State regulators have approved the Posse Gold Mine, said Amarillo Gold Corporation today after receiving the License to Install (LI) for its project on the Mara Rosa Property in Gois, Brazil.
  • Amarillo is one step closer to becoming a gold producer, said Mike Mutchler, Amarillos Chief Executive Officer.
  • The Posse Gold Project is located on the companys Mara Rosa Property in Gois State, Brazil.
  • The development stage Posse Gold Project is on its Mara Rosa Property in Gois State.

Amarillo signs power line agreement as State of Goiás reaffirms support for Posse

Retrieved on: 
Wednesday, January 27, 2021

It has signed a commitment agreement with Enel Brasil, the state electric power utility, to build a dedicated power line to the Companys Mara Rosa Property in the State of Gois.

Key Points: 
  • It has signed a commitment agreement with Enel Brasil, the state electric power utility, to build a dedicated power line to the Companys Mara Rosa Property in the State of Gois.
  • The 67 kilometre long 138 kilovolt power line will connect Posse with the Porangatu substation and supply all of the electricity needed for the project.
  • Amarillos Posse Project is one of two new mining projects set for construction in the state, and the only gold project.
  • The Posse Gold Project is located on the Companys Mara Rosa Property in the Gois State of Brazil.

Trenching results show gold anomalies up to 8 kilometres northeast of Posse

Retrieved on: 
Monday, September 14, 2020

These exciting results are consistent with the results of our successful November 2019-February 2020 drill program , which showed the potential for satellite gold deposits at Mara Rosa.

Key Points: 
  • These exciting results are consistent with the results of our successful November 2019-February 2020 drill program , which showed the potential for satellite gold deposits at Mara Rosa.
  • Pastinho, Lambari, and Estrela are located 3.5 kilometres, 4.5 kilometres, and 8.0 kilometres northeast of the Posse Gold Deposit along the Posse North Trend (see Figure 1).
  • Posse North is a northeast trending potassium-radiometric anomaly with coincident gold in soil anomalies greater than 50 parts per billion defined by previous work.
  • Estrela is located about 3.5 km northeast and along trend from Pastinho, and approximately 8.0 kilometres northeast of Posse.