Medgold Issues Shares for Services
Vancouver, Canada, July 27, 2017; Medgold Resources Corp. (TSX-V: MED) (the “Company”) announces that in accordance with the Company’s agreement to issue common shares to Dan James in part consideration for his ongoing services as the Company’s President, an installment of 97,727 shares has been issued to Mr. James for services rendered during the six months ended June 30, 2017. The shares have a resale restriction which expires on November 28, 2017. About Medgold Medgold is a European-focused, TSX-V listed, exploration and development company targeting gold properties in Serbia. Run by[…]
Medgold Provides Exploration Update / Arranges Shares for Services
Vancouver, Canada, May 1, 2017, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that the Company has selected a drilling contractor for a planned diamond drill program at the Tlamino project in Serbia. Drilling is scheduled to start at the end of July. A ground IP-resistivity geophysical survey is currently underway to outline potential anomalies for drill testing. Dan James, President of Medgold, commented: “We are very pleased at the rapid progress we’ve made at the Tlamino Project which has built on the high-grade gold-silver[…]
Medgold Options the Tlamino Project to Fortuna Silver Mines
Vancouver, Canada, March 7, 2017, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that it has entered into an Option Agreement with Fortuna Silver Mines Inc. (TSX: FVI) (“Fortuna”) whereby Fortuna has the exclusive option to acquire up to 70% in the Tlamino Project located in Southern Serbia (comprised of the Donje Tlamino and Surlica-Dukat licences), by spending a total of US$8.0 million in qualifying expenditures and completing a preliminary economic assessment. Dan James, President of Medgold, commented: “We are very pleased with Fortuna’s continued support[…]
Fortuna Completes Warrant Exercise for a 24% Stake in Medgold
Vancouver, Canada, February 9, 2017, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that Fortuna Silver Mines Inc. (NYSE: FSM; TSX: FVI) (“Fortuna”) has completed its warrant exercise by purchasing 10m shares of Medgold at CAD $0.15 each, for total proceeds of CAD $1.5 million. Fortuna now owns 23.97% of Medgold shares. Medgold will use the proceeds to extend the Strategic Alliance in Serbia for a further 12 months with 80% of the proceeds being used for country-wide target generative exploration and the balance for[…]
Medgold Issues Shares for Services
Vancouver, Canada, January 4, 2017; Medgold Resources Corp. (TSX-V: MED) (the “Company”) announces that in accordance with the Company’s agreement to issue up to 300,000 common shares of the Company to Dan James in part consideration for his ongoing services as the Company’s President (see Medgold news release July 11, 2016), a final installment of 75,000 shares has been issued to Mr. James for services rendered during the three months ended December 31, 2016. The shares have a resale restriction which expires on May 1, 2017. About Medgold Medgold is a[…]
