Newrange Gold announces that, following the termination of the previously announced business combination with Mithril Resources the TSXV has advised the Company that trading in Newrange shares will resume at the market open on Friday December 15, 2023. Given that the merger is not proceeding, Newrange's Board of Directors is reconsidering the previously contemplated name change and 2:1 share consolidation and will provide [...]
Newrange Gold Corp. announces that the previously announced transaction whereby Newrange would acquire 100% of the issued share capital of ASX-listed Mithril Resources Ltd. in a friendly business combination has been terminated by mutual agreement. No break fee is payable by either party under these circumstances. Robert Archer, President and CEO of Newrange commented that, "despite overwhelming shareholder support and [...]
Newrange Gold Corp. is pleased to announce that, at the Annual General and Special Meeting of Shareholders held virtually on Thursday, Oct 5, 2023, shareholders voted overwhelmingly in favour of all items to be voted upon, including the proposed merger with Mithril Resources Ltd. Of the 37,753,820 shares issued and outstanding, 11,946,974 shares, or 31.64% were voted at the meeting and all matters were passed with more [...]
Newrange Gold Corp. is pleased to announce that it has filed on SEDAR, a Notice of Annual General and Special Meeting of Shareholders to be held virtually on Thursday, Oct 5, 2023 at 4:00 pm Pacific Time. The accompanying Information Circular and Proxy Vote documents have also been filed on SEDAR and all documents have been mailed to shareholders of record as of Sept 1, 2023 and posted to the Newrange website here. Of [...]
Newrange Gold is pleased to announce that it has signed a binding agreement with Mithril Resources Ltd. dated May 25, 2023, for a proposed friendly business combination of the two companies. Under the terms of the agreement, Newrange will acquire 100% of the issued share capital of Mithril, resulting in Newrange remaining as the surviving entity. The arm's length transaction will be classified as a Reverse Take Over under [...]
Newrange Gold is pleased to announce that it has closed the Bridge Financing associated with the proposed Reverse Takeover with ASX-listed Mithril Resources Ltd.. The Company issued 4,905,112 units at a price of $0.09 per Unit for gross proceeds of $441,460. Each Unit consists of one common share in the capital of the Company and one share purchase warrant with each Warrant being convertible into an additional Share at an [...]
Newrange Gold is pleased to announce that, further to the Company's news release of March 6, 2023, it has increased the size of the Bridge Financing associated with the proposed Reverse Takeover with Mithril Resources. As the Company consolidated its shares on the basis of one new for every six old common shares on April 6, the placement will consist of 4,905,112 units at a price of $0.09 per Unit for gross proceeds of [...]
Newrange Gold announces that, further to the Company's news release dated March 6, 2023, it will consolidate its common shares on a 1 new for 6 old basis. The Company currently has 197,092,242 common shares issued and outstanding. Following the Share Consolidation, the Company expects to have 32,848,707 common shares issued and outstanding. The TSX Venture Exchange has confirmed that the Share Consolidation will be [...]
Newrange Gold is pleased to announce that it has entered into a non-binding term sheet with Mithril Resources Ltd. dated March 6, 2023, for a proposed friendly business combination of the two companies. Under the terms of the agreement, Newrange will acquire 100% of the issued share capital of Mithril, resulting in Newrange remaining as the surviving entity. The arm's length transaction will be classified as a Reverse [...]
Newrange Gold Corp. announces that, further to the Company's news release of January 11, 2023, the aggregate number of shares to be issued under shares for debt agreements with certain creditors, will total 20,186,585 at a price of $0.015 per share, for settlement of $302,798.76. All securities issued will be subject to a four month hold period which will expire on the date that is four months and one day from the date of [...]
Newrange Gold Corp. announces that it has signed a Mutual Termination Agreement with Great Panther Mining Ltd. terminating the Share Purchase Agreement to acquire the Coricancha Gold-Silver-Copper-Lead-Zinc Mine in Central Peru. "We are deeply disappointed to have arrived at this outcome," stated Robert Archer, President and CEO of Newrange. "We have been working on this acquisition since March and believe strongly in the [...]
Newrange Gold Corp. announces that it is arranging a non-brokered private placement to raise gross proceeds of up to $10,080,000. The placement is anticipated to close on or about November 25, 2022 following a 'one new for six old' share consolidation and, as such, will be priced at the post consolidation share price of $0.18. The placement will consist of up to 56,000,000 units with each Unit comprising one common share [...]