Gross Proceeds of up to $2,000,000 to be Used to Expand the Mineable Resource at Bradshaw Gold Deposit Gowest Gold Ltd. announced today that it has amended the terms of its previously announced non-brokered private placement of flow-through units of the Corporation . Pursuant to the amended terms of the non-brokered private placement, the Corporation proposes to issue up to 14,285,715 FT Units, at a price of $0.14 [...]
Completed Two Months of Safe Production Gowest Gold Ltd. is pleased to provide an update on its significant progress in restarting the Corporation's 100% owned Bradshaw Gold Deposit . Bradshaw Highlights Underground team has achieved two months of safe production. All production and key infrastructure projects on target. Key groups fully staffed. Drill team mobilized to site; long-hole stope drilling initiated [...]
Gross Proceeds of up to $2,000,000 to Be Used to Expand the Mineable Resource at Bradshaw Gold Deposit Gowest Gold Ltd. announced today a proposed non-brokered private placement of up to 11,111,111 flow-through units of the Corporation , at a price of $0.18 per FT Unit, for gross proceeds of up to $2,000,000 . Each FT Unit will be comprised of one common share and one common share purchase warrant , issued on a [...]
Funds Being Used for Planned Restart of Operations at Bradshaw Gowest Gold Ltd. announced today that it has completed its previously announced offering, on a private placement basis, of an aggregate of 150,000,000 units of the Corporation , at an issue price of $0.10 per Unit, for aggregate gross proceeds of $15,000,000 ; and, the conversion of its previously issued promissory notes in an aggregate principal amount [...]
Gowest also completes settlement with Cementation Canada Inc. Gowest Gold Ltd. provided an update on its annual and special meeting of shareholders held yesterday , at which shareholders of the Company overwhelmingly approved certain resolutions necessary to complete the Company's previously announced private placements for aggregate gross proceeds of $25,000,000. With the receipt of the required shareholder [...]
Funds Being Used to Restart Operations at Bradshaw Gowest Gold Ltd. announced today that it has completed the issuance and sale of promissory notes of the Corporation in an aggregate principal amount of $10,000,000 to Lush Land Investment Canada Inc. . The purchase price for the Promissory Notes was an aggregate of $10,000,000. The issuance and sale of the Promissory Notes forms part of the previously announced [...]
Hiring Personnel for Planned April Restart Gowest Gold Ltd. announced today that it has engaged Dumas Contracting Ltd. in a four-year contract to assist with the restart of operations at the Bradshaw Gold Deposit , targeting the resumption of underground work in April, 2023. Dumas has already begun moving equipment to the site and is rapidly ramping up the mobilization process. Based in Timmins, Ontario, Dumas is a [...]
Funds to be Used for Planned Restart of Operations at Bradshaw Gowest Gold Ltd. announced today that investors have agreed to purchase from Gowest, on a non-brokered private placement basis, securities of the Corporation for aggregate gross proceeds of $25,000,000. Specifically: Greenwater Investment Hong Kong Limited and other investors have agreed to purchase an aggregate of 150,000,000 units of the Corporation [...]
Gowest Gold Ltd. announced today that it has entered into minutes of settlement with Cementation Canada Inc. , with respect to Cementation's claim against the Company issued under the Construction Lien Act , seeking payment of approximately $7,436,500 for certain services and materials provided to the Company under a contract between the parties dated March 2, 2017. In connection with the settlement, which is to be [...]
Gowest Gold Ltd. announced today that the Corporation's Board of Directors has approved a change of the Company's auditors. The Board decided to change from McGovern Hurley LLP to DNTW Toronto LLP , effective January 9, 2023, until the next Annual General Meeting of the Company. There were no disagreements or unresolved issues with the Former Auditor on any matter of audit scope or procedures, accounting principles [...]
Gowest Gold Ltd. announced today that it has closed its previously announced non-brokered private placement of 3,375,000 flow-through common shares, at an issue price of $0.08 per share, for gross proceeds of $270,000 . The Corporation also announced that it will issue 1,112,875 shares to settle an aggregate of $89,030 of indebtedness at a deemed price of $0.08 per share, to non-management directors of the Company [...]
Funds to be Used Primarily to Expand the Mineable Resource at Bradshaw Gold Deposit Gowest Gold Ltd. announced today a proposed non-brokered private placement of up to 6,250,000 flow-through common shares, at an issue price of $0.08 per share, for gross proceeds of up to $500,000 . The gross proceeds of the Offering will be used to incur "Canadian exploration expenses" as defined in subsection 66.1 of the Income Tax [...]
-48,72 %