Pacton Gold Inc. is pleased to announce that it has entered in a $2,155,000 financing package with Sandstorm Gold Ltd. , which includes the purchase of royalties by Sandstorm on all of Pacton's mineral properties and significant participation by Sandstorm in a $5,000,000 private placement being undertaken by the Company . The net proceeds from the [...]
Pacton Gold Inc. is pleased to announce that, further to its news releases of January 31, 2020 and April 2, 2020, it has completed its transaction with TomaGold Corp, whereby the Company acquired all of TomaGold's interest, being 39.5%, in a joint venture with Evolution Mining and Newmont Corporation on the Sidace Lake Property, Ontario. Pacton is [...]
Pacton Gold Inc. is pleased to announce that it has entered into option agreements to acquire additional mineral claims in the Red Lake District, Ontario. The first new property, Red Lake West, is contiguous to Pacton's existing land package, close to the Company's ongoing drill program. The second property, Swain, is located 80 km north east of [...]
Pacton Gold Inc. is pleased to announce that, further to its news release of January 31, 2020, it has entered into a definitive agreement with TomaGold Corporation , whereby the Company will acquire all of TomaGold's interest, being 39.5%, in a joint venture it currently holds with Evolution Mining and Newmont Corporation on the Sidace Lake [...]
Pacton Gold Inc. is pleased to announce its participation at PDAC 2020 Convention in Toronto, Canada. Event Details Event: PDAC 2020 Date: March 1-4 2020 Location: Investors Exchange, Metro Toronto Convention Centre, Toronto, Canada Booth Number: 2816 Booth Hours: Sunday, March 3, 10:00 am - 5:00 pm Monday, March 4, 10:00 am - 5:00 pm Tuesday [...]
Pacton Gold Inc. is pleased to announce that it has commenced drilling targets along the LP extension at its Red Lake gold project in Ontario. To date, the Company has drilled approximately 3,000 m of its 10,000 m program. Pacton has been granted exploration permits for 38 holes within the area defined by the inset shown in Figure 1. Figure 1 shows [...]
Pacton Gold Inc. is pleased to announce that it has entered into a binding letter of intent with TomaGold Corporation , whereby the Company will acquire all of TomaGold's interest, being 39.5%, in a joint venture it currently holds with Evolution Mining and Newmont Corporation on the Sidace Lake Property . Located in the Red Lake District, Ontario [...]
Pacton Gold Inc. is pleased to announce that it has closed the final tranche of its financing, by the issuance of 6,686,667 units at a price of $0.12 per Unit for total gross proceeds of $802,400. Each Unit consists of one common share and one transferrable share purchase warrant, each warrant exercisable into one additional common share for a [...]
Pacton Gold Inc. , is pleased to announce its participation in the Vancouver Resource Investment Conference in Vancouver, British Columbia. Event Details Event: Vancouver Resource Investment Conference Date: January 19-20, 2020 Location: Booth 310 - Vancouver Convention Centre West, Vancouver, British Columbia Company Website: www.pactongold.com [...]
Pacton Gold Inc. announces that further to its news release of December 4, 2019, it has revised the terms of its non flow through private placement by adding a share purchase warrant. The Company will now issue up to 20,833,333 units at $0.12 per unit for total gross proceeds of up to $2,500,000. Each unit will consist of one common share and one [...]
Pacton Gold Inc. is pleased to announce that it has arranged, subject to regulatory approval, a private placement of 25,000,000 flow-through shares at $0.14 per FT Share for total gross proceeds of $3,500,000 and a private placement of 20,833,333 common shares at $0.12 per NFT Share for total gross proceeds of $2,500,000. The gross proceeds from [...]
Vancouver, British Columbia - TheNewswire - November 19, 2019 - Pacton Gold Inc. , is pleased to provide the following project update for exploration activities at the Red Lake Gold project in northwest Ontario. Pacton's initial 10,000 m drill program is underway at the Boyden prospect , where multiple high-grade samples have been recovered with [...]