Gold X signs agreement with CM Engineering of Suriname for design of Northern Access Route connecting Toroparu to tidewater at Buckhall LIDAR based engineered design expected to be completed in September 2020 Remaining US$250,000 of debt has been converted into equity at C$3.20 per share leaving Gold X debt free and 100% owner of Toroparu [...]
The conversion of US$19.75 million of the Company’s total US$20 million of debt 28 months prior to maturity indicates strong support for Gold X’s strategic development strategy by its largest stakeholders. Wheaton Precious Metals International Ltd. and Gran Colombia Gold have both elected to proceed with the early conversion of their debentures to [...]
Gold X Mining Corp. is very pleased to announce the appointment today of Robert Friedland as Non-Executive Chairman of Gold X. Gold X’s current Chairman and Chief Executive Officer, Paul Matysek will relinquish the Chairman role but will remain a director and its CEO. Paul Matysek commented, “The great Michael Jordan once said, ‘Some people want it [...]
Gold X Mining Corp. is pleased to provide an update on its ongoing licensing activities on the Toroparu Project in Guyana. This announcement is a follow on to the May 5th news release on the status of engineering studies at the Toroparu Project. Highlights The March 2020 option purchase of the Guyanese partner’s interest in the Toroparu [...]
Gold X Mining Corp. announces that, further to its news release dated May 11, 2020, Gran Colombia Gold Corp. has decided to no longer pursue the acquisition of all of the issued and outstanding common shares of Guyana Goldfields Inc. As a result, Gran Colombia and Gold X have agreed to terminate the Plan of Arrangement between Gran Colombia and [...]
Gold X Mining Corp. is pleased to announce that certain shareholders of Gold X, who collectively hold 2,897,225 shares or 7.62% of Gold X’s issued common shares, have entered into voting support agreements in favour of the business combination with Gran Colombia Gold Corp. . When added to the previously announced voting support agreements entered [...]
Gold X Mining Corp. is pleased to announce that it has signed a definitive agreement under which it intends to complete a business combination with Gran Colombia Gold Corp.. Under the Gold X Transaction, Gran Colombia will acquire the remaining 81% of the issued and outstanding shares of Gold X that it does not already own at a share exchange ratio [...]
Extensive work of over 20 years and US$150 million invested allows for focus turning to “race to production” strategy under new management lead by Paul Matysek CEO and Chairman Fully funded to fast track Feasibility and Permitting work which has commenced Life of Mine Free Cash Flow of US$1.77B, 27.68% after-tax IRR, and 2 year payback [...]
Gold X Mining Corp. announces that it has completed its previously announced non-brokered private placement and has issued 2,631,578 units at a price of $0.95 per Unit for gross proceeds of $2,500,000. Each Unit consists of one common share of the Company, and one share purchase warrant entitle the holder to purchase an additional share at a price [...]
Gold X Mining Corp. is very pleased to announce that it has appointed Mr. Paul Matysek as the Companys Chief Executive Officer and Chairman of the Board of Directors. Mr. Matysek will succeed Mr. Rich Munson who has been appointed President of the Company. The Board of Directors believes that Mr. Matyseks unique qualifications and experience are [...]
Gold X Mining Corp. announces that it has completed the closing of the option to purchase the remaining interest in the Toroparu property from Mr. Alfro Alphonso as previously announced on December 30, 2019. The Company remains well capitalized with over $ 5.6 Million in cash. Highlights from the Toroparu Project Preliminary Economic Assessment1 [...]
Gold X Mining Corp. announces that it has agreed to extend the closing to exercise the Company's option to purchase the Toroparu property by up to an additional 30 days after a request from Mr. Alphonso. As announced by Gold X on December 30, 2019, the Seller and ETK Inc., the Guyanese subsidiary of Gold X, agreed to a Closing Date to complete the [...]