P2 Gold Inc. reports that the 2022 exploration program at its gold-copper BAM Project. In late May crews mobilized for site preparation at BAM, clearing snow and caching fuel for the upcoming Z‐Tipper Axis Electromagnetic airborne geophysical survey. Camp construction has begun and is expected to be complete in the coming weeks. While camp construction is underway, crews will be based near Highway 37 approximately 45 [...]
P2 Gold reports that it has closed a non-brokered private placement of 2,658,800 units at a price of $0.50 per Unit for gross proceeds of $1,329,400. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant. Each Warrant will entitle the holder to purchase one additional common share in the capital of the Company at an exercise price of $0.95 per common share for a period [...]
P2 Gold Inc. reports that pursuant to its Stock Option Plan, it has granted stock options to directors, officers, employees and consultants of the Company to purchase an aggregate of 975,000 common shares in the capital of the Company at an exercise price of $0.47 per share, which expire on May 16, 2024. Following this stock option grant, the Company has a total of 6,499,166 stock options outstanding representing [...]
P2 Gold Inc. reports positive test results from the Phase Two metallurgical program for its gold-copper Gabbs Project located on the Walker-Lane Trend in west-central Nevada approximately 145 miles by paved road from Reno, Nevada. The Company retained Kappes, Cassiday & Associates in Reno, Nevada to carry out the Phase Two metallurgical program to determine the preferred extraction process for the Gabbs mineralization [...]
P2 Gold Inc. reports that it intends to reprice its previously announced non-brokered private placement of units from $0.63 to $0.50 for gross proceeds of up to $2 million. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant. Each Warrant will entitle the holder to purchase one additional common share in the capital of the Company at an exercise price of $0.95 per [...]
P2 Gold Inc. reports that it intends to complete a non-brokered private placement of up to 3.2 million units at a price of $0.63 per unit for gross proceeds of up to approximately $2 million . Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant . Each Warrant will entitle the holder to purchase one additional common share in the capital of the Company at an [...]
P2 Gold Inc. reports that it has entered into an amending agreement with an affiliate of Borealis Mining Company, LLC , an indirect, wholly-owned subsidiary of Waterton Precious Metals Fund II Cayman, LP amending the payment terms for the acquisition of the Gabbs Project located on the Walker-Lane Trend in the Fairplay Mining District of Nye County, Nevada. . Under the terms of the Amending Agreement, P2 Gold will now pay [...]
P2 Gold Inc. reports results from four reverse circulation drill holes drilled at the Sullivan Zone as part of the initial 2022 Drill Program at its Gabbs Project located on the Walker-Lane Trend in Nevada. "The Sullivan Zone continues to grow with the latest four holes extending the Sullivan Zone to the south," commented Joe Ovsenek, President and CEO of P2. "We expect to receive the remaining results from the initial [...]
P2 Gold Inc. reports that it has filed a final short form base shelf prospectus with the securities commissions in each of British Columbia, Alberta and Ontario. The Base Shelf Prospectus filings allow the Company to make offerings of common shares, warrants, subscription receipts, units or debt securities, or a combination thereof, up to an aggregate total of CDN$50.0 million during the 25-month period that the Base [...]
P2 Gold Inc. reports results from the first four reverse circulation drill holes of the initial 2022 Drill Program at its Gabbs Project located on the Walker-Lane Trend in Nevada. "Following upon the success of our 2021 drill program at Gabbs, we completed a 22-hole, 4,000-meter RC drill program at Gabbs in January and February of this year. This drilling focused on extensions to the Car Body and Sullivan Zones and infill [...]
P2 Gold Inc. reports it has filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report entitled "Technical Report and Updated Mineral Resource Estimate of the Gabbs Gold-Copper Property, Fairplay Mining District, Nye County, Nevada, USA", with an effective date of February 10, 2022 . The Gabbs Technical Report is available under the Company's profile on SEDAR at www.sedar.com and on [...]
P2 Gold Inc. reports that pursuant to its Stock Option Plan, it has granted stock options to directors, officers and employees of the Company to purchase an aggregate of 1,625,000 common shares in the capital of the Company at an exercise price of $0.71 per share, which expire on March 21, 2024. Following this stock option grant, the Company has a total of 6,249,166 stock options outstanding representing approximately [...]
