reports
Amarillo Gold Corporation and Lavras Gold Corp. complete arrangement a...
Amarillo Gold Corporation and Lavras Gold Corp. complete arrangement and launch TORONTO, April 01, 2022 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (TSX: AGC) (“Amarillo”) and Lavras Gold Corp. (“Lavras Gold” or the “Company”) have completed the plan of arrangement (the “Arrangement”) transaction involving the acquisition of Amarillo by a subsidiary of Hochschild Mining PLC (“Hochschild”) and spinout of Lavras Gold. Pursuant to the Arrangement, each share of Amarillo has been exchanged for cash consideration of C$0.40 and one common share (each, a “Lavras Gold Share”) of Lavras Gold, a ...
Amarillo acquisition closing and Lavras Gold spinout expected on April...
Amarillo acquisition closing and Lavras Gold spinout expected on April 1 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. Under the terms of the Arrangement, each share of...
Amarillo receives final order from Supreme Court of British Columbia f...
Amarillo receives final order from Supreme Court of British Columbia for Plan of Arrangement TORONTO, March 07, 2022 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (the “Company” or “Amarillo”) (TSXV: AGC, OTCQB: AGCBF) has obtained a final order from the Supreme Court of British Columbia approving the by Hochschild Mining PLC (“Hochschild”). Under the Arrangement, each share of Amarillo will be exchanged for cash consideration of C$0.40 and one share of Lavras Gold Corp. (“Lavras SpinCo”), a new Brazil-focused exploration company. Information regarding the procedure for exchanging Amari...
Amarillo shareholders approve plan of arrangement
Amarillo shareholders approve plan of arrangement TORONTO, March 02, 2022 (GLOBE NEWSWIRE) -- At a special meeting of shareholders held yesterday, the shareholders of Amarillo Gold Corporation (the “Company” or “Amarillo”) (TSXV: AGC, OTCQB: AGCBF) approved the by Hochschild Mining PLC. The special resolution approving the Arrangement was approved by 99.99% of the votes cast by Amarillo’s shareholders present or represented by proxy at the meeting. It was also approved by 99.99% of the votes cast by Amarillo shareholders other than votes attached to Amarillo shares required to be ex...
A year of exploration and development success for Amarillo
A year of exploration and development success for Amarillo This news release should be read in conjunction with our consolidated financial statements and management’s discussion and analysis for the year ended December 31, 2021. Both are available at , and under our company profile at All monetary amounts are in Canadian dollars unless stated otherwise. TORONTO, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Several major milestones were achieved in 2021, reported Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF) today as it announced its results for the year ended December 31, 2021. “We had ...
Amarillo Reminds Shareholders of Proxy Cutoff in Connection with its S...
Amarillo Reminds Shareholders of Proxy Cutoff in Connection with its Special Meeting to Approve Acquisition by Hochschild TORONTO, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (“Amarillo” or the “Company”) (TSXV: AGC, OTCQB: AGCBF) reminds shareholders (collectively, “Shareholders”) that the deadline to receive proxies in connection with its special meeting (the “Meeting”) of 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”) is 11:00 a.m. (...
Amarillo files updated technical report for Posse Gold Project
Amarillo files updated technical report for Posse Gold Project TORONTO, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF) has filed an updated technical report for the Posse Gold Project on its Mara Rosa Property in Goiás State, Brazil. The report is called Technical Update on the Definitive Feasibility Study Posse Gold Project, Brazil and has an effective date of December 31, 2021. It was prepared for Amarillo by SRK Consultores do Brasil Ltda. to update the Amended and Restated NI 43-101 Technical Report Definitive Feasibility Study Posse Gold Projec...
Amarillo files NI 43-101 report for LDS Butiá Gold Prospect
Amarillo files NI 43-101 report for LDS Butiá Gold Prospect TORONTO, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF) announces the filing of an independent technical report according to National Instrument 43-101 – Standards of Disclosure for Mineral Projects (NI 43-101) on the Butiá Gold Prospect. The report, called NI 43-101 Technical Report Mineral Resource for Butiá Gold Prospect, is dated and effective January 25, 2022. It was prepared by VMG Consultoria e Soluções Ltda. for Lavras Gold Corp. and is available on SEDAR () under Amarillo Gold’s ...
Amarillo files Management Information Circular for Meeting to approve ...
Amarillo files Management Information Circular for Meeting to approve acquisition by Hochschild 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 (“Hochsc...
Amarillo reports AGM results
Amarillo reports AGM results TORONTO, Dec. 17, 2021 (GLOBE NEWSWIRE) -- All resolutions set out in the information circular for the 2021 annual and special meeting of shareholders passed, reported Amarillo Gold Corporation (Amarillo or the Company) (TSXV: AGC, OTCQB: AGCBF). The Company’s annual meeting was held virtually yesterday. All director nominees – David Birkett, David Laing, Lawrence Lepard, Michael Mutchler, Rostislav Raykov, Antenor Silva, and Rowland Uloth – have been re-elected to serve for the coming year. The following resolutions were also approved: re-appointing MNP LLP...
Amarillo to be acquired by Hochschild
Amarillo to be acquired by Hochschild 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). Pursuant to the Arrangement, each share of Amarillo will be exchanged for cash consideration of C$0.40 and one share of a new Brazil-focused explor...
Amarillo’s third quarter marked by exploration success
Amarillo’s third quarter marked by exploration success This news release should be read in conjunction with our consolidated financial statements and management’s discussion and analysis for the nine months ended September 30, 2021. Both are available at , and under our company profile at All monetary amounts are in Canadian dollars unless stated otherwise. TORONTO, Nov. 22, 2021 (GLOBE NEWSWIRE) -- The Pastinho Gold Deposit has the potential to be a game changer for Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF), said the Company today as it announced its results for the nine mon...
Amarillo receives regulatory approval for Posse power line
Amarillo receives regulatory approval for Posse power line TORONTO, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Construction can begin on a power line that will deliver electricity to the Posse Gold Mine, said Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF) today, after receiving the License to Install for the line from the State Secretariat for the Environment and Sustainable Development of Goiás State (SEMAD). It was the final regulatory approval needed for the 67-kilometre 138-kilovolt power line that will cross three municipalities and connect the Company’s flagship Posse mine to a substa...
Amarillo’s new gold deposit at least 200 metres deep
Amarillo’s new gold deposit at least 200 metres deep TORONTO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- The latest assay results from a regional exploration program confirm the continuity and down dip extensions of the , said Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF) today. “We expect Pastinho to develop into another source of future ore feed for the Posse mill once the Posse Gold Mine is built,” said Mike Mutchler, Amarillo’s President and Chief Executive Officer. “We believe Pastinho will eventually not only extend Posse’s overall mine life, but significantly increase its avera...
Amarillo discovers new primary gold deposit at Mara Rosa
Amarillo discovers new primary gold deposit at Mara Rosa TORONTO, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Pastinho is no longer a drill target but a full-fledged satellite deposit, said Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF) today, as it announced results from 15 new drill holes on the Company’s Mara Rosa Property in Goiás State, Brazil. Located 3.5 kilometres northeast of Amarillo’s flagship Posse Gold Deposit, the Pastinho Deposit is a near-surface tabular shaped deposit striking 1,700 metres in a northeast-southwest direction that dips approximately 60 degrees northwest. Amar...
A quarter of progress and consolidation for Amarillo
A quarter of progress and consolidation for Amarillo This news release should be read in conjunction with our consolidated financial statements and management’s discussion and analysis for the six months ended June 30, 2021. Both are available at , and under our company profile at All monetary amounts are in Canadian dollars unless stated otherwise. 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 finan...
Amarillo announces succession plan for country manager
Amarillo announces succession plan for country manager TORONTO, July 15, 2021 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF) welcomed Paulo Serpa to the senior management team this week, said the Company today. Mr. Serpa, an accomplished mining engineer from Brazil, will succeed Arão Portugal as Country Manager for Amarillo’s Brazilian subsidiaries when Mr. Portugal retires at the end of September. Following Mr. Serpa’s appointment, Mr. Portugal will remain active with the Company, serving as special adviser to the CEO. “We expect this to be a smooth transition,”...
Amarillo drills 144.6 m of 0.7 g/t gold including 91.6 m at 0.9 g/t go...
Amarillo drills 144.6 m of 0.7 g/t gold including 91.6 m at 0.9 g/t gold at LDS TORONTO, June 23, 2021 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF), through its Brazilian affiliate, has drilled a significant gold-hosting structural zone on Lavras do Sul (LDS), the Company’s property in Rio Grande do Sul, southern Brazil. Two holes located 50 metres apart along an east-west strike direction were drilled into the Matilde target, confirming the primary source of gold of an overlying gold-in-soil anomaly. The target was identified through a combination of soil geoc...
Amarillo updates share capital after exercise of warrants and options
Amarillo updates share capital after exercise of warrants and options TORONTO, June 16, 2021 (GLOBE NEWSWIRE) -- Research Capital Corporation (formerly Mackie Capital Corporation) has exercised all of its 1,355,940 broker compensation option units (CPU), said Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF) today. Issued in August 2019 as a result of the brokered portion of two private placements, the CPUs had an exercise price of $0.20 per CPU and an expiry date of August 29, 2021. Amarillo issued 1,355,940 common shares of the Company and 1,355,940 common share purchase warrants upo...
Amarillo consolidates highly prospective land package for Lavras do Su...
Amarillo consolidates highly prospective land package for Lavras do Sul TORONTO, June 10, 2021 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF) has amended its property agreement with IAMGold Corporation and, separately, acquired an additional exploration concession for its Lavras do Sul Project in Rio Grande do Sul State, Brazil. The Company’s total consolidated land position for Lavras do Sul is now 22,278 hectares (see Figure 1). “With a long history of gold mining, Lavras do Sul is highly prospective,” said Mike Mutchler, Amarillo’s President and CEO. “With th...
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