RosCan Gold Corp. today announced that the Company has entered into a binding term sheet for a fully subscribed financing of C$1.5 Million through the private placement of a secured convertible note of the Company with a group of investors . The Notes will carry a 12% coupon over a one year term with a conversion price of C$0.15 per Roscan Gold's Common Shares. Certain management and directors have committed to [...]
RosCan Gold Corp. is pleased to announce that it has received formal approval from the Council of Ministers for the renewal of its key exploration permits. This is a positive development as it paves the way for the issuance of the exploitation permit. The renewal underscores the Government of Mali's continued support for responsible mineral exploration and development and provides Roscan with a solid foundation to advance [...]
RosCan Gold Corp. announces that, further to its press release of March 11, 2024, September 6, 2024 and September 11, 2024, it intends to extend the maturity date of its outstanding secured subordinate promissory notes in the aggregate of $1,300,000 . The Company intends to extend the maturity date from September 11, 2025 to September 11, 2026 . All other terms and conditions of the Notes shall remain unchanged. The [...]
RosCan Gold Corp. is pleased to announce that, further to its press release of May 30, 2025, the Company has competed its fully subscribed non-brokered private placement through the issuance 10,000,000 common shares in the capital of the Company at a price of $0.10 per Common Share , for gross proceeds of $1,000,000. Gross proceeds raised from the Offering will be used for exploration and development of the Kandiolé [...]
RosCan Gold Corp. is pleased to announce a fully subscribed non-brokered private placement financing for gross proceeds of up to $1,000,000 through the issuance of up to 10,000,000 common shares in the capital of the Company at a price of $0.10 per Common Share . Gross proceeds raised from the Offering will be used for exploration and development of the Kandiolé Project and for working capital and general corporate [...]
RosCan Gold Corp. welcomes the announcement by the Government of Mali regarding the partial lifting of the suspension on processing applications related to mining titles. This decision represents a significant milestone for the country's mining sector and a major de-risking event for Roscan's Kandiole Gold Project. The Malian Ministry of Mines has confirmed that, effective March 15, 2025, the Mining Administration will [...]
October 23, 2024 - RosCan Gold Corp. is pleased to announce that it has settled an outstanding promissory note in the amount of US$677,000 through the issuance of 10,371,667 common shares in the capital of the Company at a price of $0.09 per Common Share . The Vendor has agreed that it shall not, without the prior written consent of the Company, sell, or otherwise dispose of more than 150,000 Common Shares on any one [...]
RosCan Gold Corp. is pleased to announce that, further to its press release of September 30, 2024, the Company has competed its non-brokered private placement through the issuance 20,000,000 common shares in the capital of the Company at a price of $0.10 per Common Share , for gross proceeds of $2,000,000. Gross proceeds raised from the Offering will be used for exploration and development of the Kandiolé Project and for [...]
Michael Gentile announces that he has filed an early warning report announcing the acquisition of a CAD$300,000 principal amount secured subordinate promissory note granted by RosCan Gold Corp. in favour of Mr. Gentile. Prior to the completion of the Acquisition, Mr. Gentile beneficially owned and controlled, directly or indirectly, 33,337,500 common shares in the capital of the Company, 700,000 stock options, 1,575,000 [...]
RosCan Gold Corp. announces that, further to its press release of September 11, 2024, the Company has closed its non-brokered private placement with Mr. Michael Gentile, a director of the Company, for a CAD$300,000 principal amount secured subordinate promissory note for gross proceeds of CAD$300,000 . Gross proceeds of the Offering will be used for general corporate and working capital purposes. The Note bears interest [...]
RosCan Gold Corp. is pleased to announce a fully subscribed non-brokered private placement financing for gross proceeds of up to $2,000,000 through the issuance of up to of 20,000,000 common shares in the capital of the Company at a price of $0.10 per Common Share . Gross proceeds raised from the Offering will be used for exploration and development of the Kandiolé Project and for working capital and general corporate [...]
RosCan Gold Corp. is pleased to announce that Mr. Nana Sangmuah has been appointed as the Executive Chairman of the Board of Directors, effective September 16, 2024. Mr. Sangmuah will succeed Sir Samuel Jonah, who is stepping down from his role as Non-Executive Chairman for personal reasons. Additionally, the Company is pleased to announce the appointment of Mr. Rahul Paul to its Board of Directors, effective today. Nana [...]
