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Core Gold Postpones Filing of Interim Financial Statements and MD&A Du...
Core Gold Postpones Filing of Interim Financial Statements and MD&A Due to COVID-19 Related Delays and Provides Update Regarding Release of Annual Financial Statements and MD&A VANCOUVER, British Columbia, May 27, 2020 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") today announced that it has postponed filing its interim financial statements and management's discussion and analysis for the period ended March 31, 2020 (collectively, its "Interim Documents") due to delays caused by coronavirus disease 2019 pandemic (“COVID-19”). Further to its announcement on April 27, 20...
Core Gold Announces Completion of Share Consolidation and Delisting Fr...
Core Gold Announces Completion of Share Consolidation and Delisting From TSX Venture Exchange VANCOUVER, British Columbia, May 19, 2020 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") TSX-V: CGLD, OTCQX: CGLDF) announces that following close of business on May 19, 2020, the Company effected the consolidation of its issued and outstanding common shares ("Common Shares") on a 75,000,000 to 1 basis (the "Consolidation"), with the result that Titan Minerals Limited ("Titan") became the sole shareholder of the Company, and the Common Shares were thereafter voluntarily deliste...
Core Gold Announces Resignations of Officers
Core Gold Announces Resignations of Officers VANCOUVER, British Columbia, May 13, 2020 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF), announces that it has accepted the resignations of Sam Wong and Armando Alexandri as Chief Financial Officer and Chief Operating Officer, respectively, in connection with the Company's corporate-wide cost-cutting measures. "We are thankful for Sam's and Armando's service, leadership and many years of commitment to the Company. We wish them well in all of their future endeavours," said Mark Bailey, Chief Execu...
Core Gold Shareholders Approve Consolidation
Core Gold Shareholders Approve Consolidation VANCOUVER, British Columbia, May 13, 2020 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF) is pleased to announce that at the special meeting (the "Meeting") of shareholders ("Shareholders") of the Company held earlier today on May 13, 2020, the Shareholders passed a special resolution (the "Consolidation Resolution") approving, among other things: the proposed consolidation (the "Consolidation") of the common shares of the Company ("Common Shares"); and the voluntary delisting of the Common Shares (...
Core Gold Postpones Filing of Annual Financial Statements and MD&A Due...
Core Gold Postpones Filing of Annual Financial Statements and MD&A Due to COVID-19 Related Delays VANCOUVER, British Columbia, April 27, 2020 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF) today announced that it has postponed filing its annual financial statements and management's discussion and analysis for the year ended December 31, 2019 (collectively, its "Annual Documents") due to delays caused by the COVID-19 pandemic. Core Gold is relying on the temporary blanket relief granted by the British Columbia Securities Commission in BC ...
Core Gold Announces Indefinite Suspension of Production and Commercial...
Core Gold Announces Indefinite Suspension of Production and Commercial Activities in Ecuador Due to Force Majeure VANCOUVER, British Columbia, April 15, 2020 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF), after careful consideration, regrettably announces the indefinite suspension of all its production operations and commercial activities in Ecuador due to force majeure resulting from the COVID-19 virus pandemic. Unfortunately, and effective immediately, all labour and contract relationships are terminated. The decision was taken as a dir...
Core Gold Announces Special Meeting for Share Consolidation
Core Gold Announces Special Meeting for Share Consolidation VANCOUVER, British Columbia, April 14, 2020 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF) announces the special meeting (the “Meeting”) of shareholders (“Shareholders”) of the Company to be held on May 13, 2020 at the Company’s head office at Suite 1201 – 1166 Alberni Street, Vancouver, British Columbia, V6E 3Z3, Canada at 10:00 a.m. (Vancouver time), subject to any adjournment or postponement thereof. In light of ongoing concerns regarding the spread of COVID-19, one of the Compan...
CORE GOLD ANNOUNCES RESIGNATION OF KEITH PIGGOTTÂ FROM THE BOARD OF DI...
CORE GOLD ANNOUNCES RESIGNATION OF KEITH PIGGOTT FROM THE BOARD OF DIRECTORS VANCOUVER, British Columbia, March 30, 2020 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF), announces that Keith Piggott has resigned from the Board of Directors. About Core Gold Inc. The Company is a Canadian based mining company involved in the mining, exploration and development of mineral properties in Ecuador. The Company is currently focused on gold production at its wholly-owned Dynasty Goldfield Project. Mineral is treated at the Company’s wholly-owned Port...
CORE GOLD ANNOUNCES TRANSITION IN BOARD OF DIRECTORS
CORE GOLD ANNOUNCES TRANSITION IN BOARD OF DIRECTORS VANCOUVER, British Columbia, March 26, 2020 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF), is pleased to announce the appointment of Mr. Matthew Carr as a Director of the Company’s Board of Directors. Mr. Carr is also currently an Executive Director of Titan Minerals Limited ("Titan"), the 91.07% shareholder of Core Gold. Mr. Carr is a successful and experienced company director having founded Urban Capital Group. Urban Capital Group is a private equity company with a strong focus on prope...
CORE GOLD TEMPORARILY SUSPENDS OPERATIONS AT DYNASTY GOLDFIELD
CORE GOLD TEMPORARILY SUSPENDS OPERATIONS AT DYNASTY GOLDFIELD VANCOUVER, British Columbia, March 23, 2020 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF), is announced that the Company is temporarily suspending operations at its Dynasty Goldfield project in Ecuador amid growing concerns regarding the spread of the coronavirus (COVID-19) in the country. Central, Provincial and local Municipality government decrees regarding gatherings, travel and transport within Ecuador will impact the Company’s ability to efficiently operate and therefore ...
British Columbia Securities Commission Dismisses Complaint Regarding T...
British Columbia Securities Commission Dismisses Complaint Regarding Titan Minerals Take-Over Offer VANCOUVER, British Columbia, Jan. 13, 2020 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF) announces that following a hearing held on Friday, January 10, 2020 before a three member panel of the British Columbia Securities Commission ("BCSC"), the BCSC has dismissed a complaint filed by two shareholders, Mr. Keith Piggott and Strategic Resource Capital Fund LP (the "Complaining Shareholders"). The complaint alleged a number of misrepresentatio...
Core Gold Provides an Update on Restructuring of Titan Minerals Debt
Core Gold Provides an Update on Restructuring of Titan Minerals Debt VANCOUVER, British Columbia, Jan. 07, 2020 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSXV: CGLD, OTCQX: CGLDF) has entered into amending agreements with Titan Minerals Limited ("Titan Minerals") to further amend the terms of the US$2,500,000 principal amount of debt owing by the Company to Titan Minerals that came due and payable on March 31, 2019. As previously announced on October 25, 2019, Titan Minerals provided to Core Gold on September 13, 2019 notice that the US$2,500,000 principal amount...
Core Gold Announces Drilling Results From 3 Diamond Drill Holes at the...
Core Gold Announces Drilling Results From 3 Diamond Drill Holes at the Cerro Verde Target Area of the Dynasty Goldfield Project VANCOUVER, British Columbia, Jan. 07, 2020 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF) is pleased to provide an update on its 100%-owned Dynasty Goldfield Project (“Dynasty Goldfield” or the “Project”) located in the province of Loja in Southern Ecuador. As previously announced by the Company on September 9, 2019, Core Gold renewed exploration efforts on the Dynasty Goldfield Project, specifically drilling in the ...
Core Gold Board Makes No Recommendation in Response to the Increased U...
Core Gold Board Makes No Recommendation in Response to the Increased Unsolicited Takeover Bid From Titan Minerals Announces Filing and Mailing of Supplemental Directors' Circular VANCOUVER, British Columbia, Jan. 03, 2020 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF) announces that it has today filed a Supplemental Directors' Circular in response to the increased amended offer (the "Titan Offer") set forth in the Notice of Change and Variation dated December 17, 2019 from Titan Minerals Limited ("Titan") for all of the issued and outstandi...
Core Gold Provides Update on Its Strategic Process
Core Gold Provides Update on Its Strategic Process VANCOUVER, British Columbia, Dec. 17, 2019 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF) is today providing this update to its previously announced strategic process. As well, on December 9, 2019, Core Gold announced that it was in advanced negotiations with another company as a result of that strategic process. Core Gold is also providing an update on those negotiations. Strategic Process Summary In July 2019, Core Gold recommenced its strategic review process of alternatives available to...
Core Gold Provides Initial Response to Increased Takeover Bid Terms an...
Core Gold Provides Initial Response to Increased Takeover Bid Terms and Shareholder Lock-Up Agreements Announced by Titan Minerals VANCOUVER, British Columbia, Dec. 09, 2019 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF) is today acknowledging the announcement made by Titan Minerals Limited ("Titan") dated December 9, 2019 in respect of its existing unsolicited offer to acquire all of the issued and outstanding Core Gold common shares that it does not already own. Titan has announced that it will improve the offer by increasing the considerat...
Core Gold Provides Update on Amendment of Promissory Notes and Convert...
Core Gold Provides Update on Amendment of Promissory Notes and Convertible Debt VANCOUVER, British Columbia, Oct. 25, 2019 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF) is today providing an update regarding the proposed amendments announced by Core Gold on August 21, 2019 to promissory notes issued by Core Gold in the aggregate principal amount of US$1.5 million (the "Promissory Notes") and (ii) convertible promissory notes issued by Core Gold in the aggregate principal amount of US$1 million (the "Convertible Notes", and together with the ...
Core Gold Announces Filing and Mailing of Directors' Circular in Respo...
Core Gold Announces Filing and Mailing of Directors' Circular in Response to the Unsolicited Takeover Bid by Titan Minerals VANCOUVER, British Columbia, Oct. 15, 2019 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF) announces that it has today filed a Directors' Circular in response to the offer (the "Titan Offer") and take-over bid circular of Titan Minerals Limited ("Titan") for all of the issued and outstanding common shares of Core Gold ("Core Shares"). As stated in the Directors' Circular, the Board of Directors of Core Gold (the "Board o...
Core Gold Recommends Shareholders Take No Immediate Action in Response...
Core Gold Recommends Shareholders Take No Immediate Action in Response to Unsolicited Takeover Bid by Titan Minerals VANCOUVER, British Columbia, Oct. 01, 2019 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF) is today acknowledging that it has received from Titan Minerals Limited ("Titan") an unsolicited offer to acquire all of the issued and outstanding Core Gold common shares that it does not own for consideration of 2.5 Titan ordinary shares for each 1 (one) Core Gold common share (the "Titan Offer"). Take No ActionCore Gold shareholders ...
Core Gold Announces Initial Trench Results From the Copper Duke Projec...
Core Gold Announces Initial Trench Results From the Copper Duke Project, Including 120 Meters Averaging 0.362 g/t Au and 0.38% Cu VANCOUVER, British Columbia, Sept. 18, 2019 (GLOBE NEWSWIRE) -- Core Gold Inc. ("Core Gold" or the "Company") (TSX-V: CGLD, OTCQX: CGLDF) is pleased to provide an update on its 100%-owned Copper Duke Project (“Copper Duke” or the “Project”) located in the province of Loja in Southern Ecuador. Copper Duke Exploration Exploration trenching on the El Huato target area of the Copper Duke project confirms a previously identified copper and gold soil anomaly (fig...
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