Galore Creek mine

Romios Announces Closing of $307,252 Non-Brokered Offering

Retrieved on: 
Monday, October 30, 2023

Each FT Unit is priced at $0.03 and consists of one (1) common share and one-half (0.5) share purchase warrant (a "FT Warrant").

Key Points: 
  • Each FT Unit is priced at $0.03 and consists of one (1) common share and one-half (0.5) share purchase warrant (a "FT Warrant").
  • Each WC Unit is priced at $0.03 and consists of one (1) common share and one (1) share purchase warrant (a "WC Warrant").
  • All securities issued under the Offering are subject to a statutory hold period expiring on February 28, 2024.
  • Geo., VP-Exploration for Romios and a Qualified Person as defined by National Instrument 43-101.

Romios Announces Corrected Terms of Non-Brokered Offering

Retrieved on: 
Monday, September 18, 2023

Each FT Unit is priced at $0.03 and consists of one (1) flow-through common share and one-half (0.5) of a common share purchase warrant.

Key Points: 
  • Each FT Unit is priced at $0.03 and consists of one (1) flow-through common share and one-half (0.5) of a common share purchase warrant.
  • Each WC Unit is priced at $0.03 and consists of one (1) common share and one (1) common share purchase warrant ("WC Warrant").
  • The Company did not proceed with the offering referred to in the press release dated July 21, 2023.
  • This Offering has been priced based upon the current market price for the common shares of the Company.

Romios Announces Non-Brokered Offering

Retrieved on: 
Monday, September 18, 2023

Toronto, Ontario--(Newsfile Corp. - September 18, 2023) - Romios Gold Resources Inc. (TSXV: RG) (OTCQB: RMIOF) (FSE: D4R) ("Romios" or the "Company") is pleased to announce the offering of a non-brokered private placement of up to 12,500,000 flow-through units (the "FT Units") priced at $0.03 per FT Unit, for up to $375,000 and up to 12,500,000 working capital units (the "WC Unit") priced at $0.03 per WC Unit, for up to $375,000 (the "Offering").

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - September 18, 2023) - Romios Gold Resources Inc. (TSXV: RG) (OTCQB: RMIOF) (FSE: D4R) ("Romios" or the "Company") is pleased to announce the offering of a non-brokered private placement of up to 12,500,000 flow-through units (the "FT Units") priced at $0.03 per FT Unit, for up to $375,000 and up to 12,500,000 working capital units (the "WC Unit") priced at $0.03 per WC Unit, for up to $375,000 (the "Offering").
  • Each full warrant ("FT Warrant") entitles the holder to purchase one (1) common share (a "FT Warrant Share") at a price of $0.05 per FT Warrant Share until the date which is twenty-four (24) months following the Closing of the Offering.
  • The Company did not proceed with the offering referred to in the press release dated July 21, 2023.
  • This Offering has been priced based upon the current market price for the common shares of the Company.

Romios-Copperhead Option Discovers Highly Prospective Intrusions on the Red Line Claims Project, Golden Triangle, B.C.

Retrieved on: 
Tuesday, September 12, 2023

This large body of highly gossanous syenite closely resembles one of the key intrusions associated with the Galore Creek alkalic porphyry Cu-Au-Ag deposits.

Key Points: 
  • This large body of highly gossanous syenite closely resembles one of the key intrusions associated with the Galore Creek alkalic porphyry Cu-Au-Ag deposits.
  • A second, previously unknown pluton was located on the Red Line 2 and 3 claims, in this case a >700 m long body of pervasively altered hornblende granodiorite.
  • The discovery of these 2 highly prospective plutons, and the numerous syenite dykes associated with widespread epidote alteration, has significantly improved the odds of locating a porphyry Cu-Au-Ag type occurrence on the Red Line claims.
  • Original Claims: The original Red Line claims were staked in 2020 to cover a portion of the so-called "Red Line" stratigraphic contact between lower Jurassic Hazelton Group rocks and upper Triassic Stuhini Group rocks.

NOVAGOLD Receives $25 Million from Newmont Corporation

Retrieved on: 
Thursday, July 27, 2023

VANCOUVER, British Columbia, July 27, 2023 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (NYSE American, TSX: NG) (“NOVAGOLD” or “the Company”) received $25 million from Newmont Corporation (NYSE: NEM, TSX: NGT) (“Newmont”) as per the 2018 Share Purchase Agreement (the “Agreement”) in which NOVAGOLD sold its 50% interest in the Galore Creek project (“GCP”) in British Columbia, Canada.

Key Points: 
  • VANCOUVER, British Columbia, July 27, 2023 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (NYSE American, TSX: NG) (“NOVAGOLD” or “the Company”) received $25 million from Newmont Corporation (NYSE: NEM, TSX: NGT) (“Newmont”) as per the 2018 Share Purchase Agreement (the “Agreement”) in which NOVAGOLD sold its 50% interest in the Galore Creek project (“GCP”) in British Columbia, Canada.
  • Under the terms of the Agreement1, total consideration payable by Newmont was up to $275 million.
  • NOVAGOLD received $100 million upon closing, $75 million in July 2021 and this most recent receipt of $25 million.
  • The latest payment from Newmont increased NOVAGOLD’s cash position by $25 million, which consisted of approximately $109 million of cash and term deposits as of May 31, 2023.

NOVAGOLD Releases Its 2022 Annual Report Featuring a Conversation Between Dr. Thomas S. Kaplan and Daniela Cambone

Retrieved on: 
Thursday, March 9, 2023

All statements, other than statements of historical fact, included herein are forward-looking statements.

Key Points: 
  • All statements, other than statements of historical fact, included herein are forward-looking statements.
  • In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances are forward-looking statements.
  • The forward-looking statements contained herein reflect the beliefs, opinions and projections of NOVAGOLD on the date the statements are made.
  • NOVAGOLD assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

Romios Gold Identifies Major Geophysical Target Beneath Newly Discovered Copper-Tungsten Skarn at The Trek South Project, Golden Triangle, BC

Retrieved on: 
Wednesday, November 9, 2022

Romios' VP of Exploration, Mr. John Biczok, P. Geo, commented, "The 2022 Trek South summer program was very successful in defining a major geophysical (IP-MT) target underlying the centre of the >1 km wide porphyry-style Cu-Au zone that Romios discovered in 2021.

Key Points: 
  • Romios' VP of Exploration, Mr. John Biczok, P. Geo, commented, "The 2022 Trek South summer program was very successful in defining a major geophysical (IP-MT) target underlying the centre of the >1 km wide porphyry-style Cu-Au zone that Romios discovered in 2021.
  • Figure 1: Southeast looking orthogonal view of the Trek South 3D chargeability model derived from IP data.
  • Chargeability highs in red are believed to reflect sulphide mineralization beneath the exposed porphyry and skarn mineralization.
  • In July 2022, Simcoe Geoscience completed 3 lines of Alpha IPTM over the Trek South porphyry target and the newly discovered Cu-W skarn adjacent to it with very encouraging results.

Enduro Metals Corporation Invites You to Join Us at the Deutsche Goldmesse in Frankfurt

Retrieved on: 
Monday, November 7, 2022

Frankfurt, Germany--(Newsfile Corp. - November 7, 2022) - Enduro Metals Corporation (TSXV: ENDR) (FSE: SOG) (OTCQB: ENDMF) will be participating in the Deutsche Goldmesse, which will take place on November 18th and 19th at The Westin Grand Frankfurt.

Key Points: 
  • Frankfurt, Germany--(Newsfile Corp. - November 7, 2022) - Enduro Metals Corporation (TSXV: ENDR) (FSE: SOG) (OTCQB: ENDMF) will be participating in the Deutsche Goldmesse, which will take place on November 18th and 19th at The Westin Grand Frankfurt.
  • Members of the Enduro Metals Corporation management will be taking meetings throughout the day, and also present at 2:30 PM CET on November 18th to an audience of European investors.
  • The Deutsche Goldmesse website is continuously being updated concerning attending companies, keynote speakers, agenda, etc.
  • Deutsche Goldmesse is Germany's premier mining investment conference, based out of Frankfurt- one of Europe's most important financial capitals.

Romios Gold Expands High-Grade VMS System at The TOE Zone, Trek South Project, Golden Triangle, BC

Retrieved on: 
Thursday, October 13, 2022

The geology and style of the high-grade mineralization at the TOE Zone are both very similar to the world class Eskay Creek Au-Ag deposit.

Key Points: 
  • The geology and style of the high-grade mineralization at the TOE Zone are both very similar to the world class Eskay Creek Au-Ag deposit.
  • This zone is highly weathered at surface and the grades may well be higher in fresher rock at depth.
  • This is one of several historic high-grade showings on Trek that we expect to include in the anticipated future drill program at Trek South."
  • About Romios Gold Resources Inc.
    Romios Gold Resources Inc. is a progressive Canadian mineral exploration company engaged in precious- and base-metal exploration, focused primarily on gold, copper and silver.

Romios Gold Completes IP-MT Survey on Trek South Target and Reports on 2022 Exploration Programs in The Golden Triangle, BC

Retrieved on: 
Thursday, September 29, 2022

Field observations on some of the claim blocks are very encouraging, particularly those from the Trek South Porphyry Cu-Au-Ag prospect.

Key Points: 
  • Field observations on some of the claim blocks are very encouraging, particularly those from the Trek South Porphyry Cu-Au-Ag prospect.
  • Stephen Burega, President and CEO, stated, "The 3D modelling will be key to opening conversations with potential funding partners for the Trek South prospect.
  • Management has been cultivating numerous contacts to initiate their review/assessment of the potential at Trek South.
  • About Romios Gold Resources Inc.
    Romios Gold Resources Inc. is a progressive Canadian mineral exploration company engaged in precious-and base-metal exploration, focused primarily on gold, copper and silver.