Fosterville South Exploration Ltd. intends to enter into an Arrangement Agreement with Leviathan Gold Ltd. contemplating a plan of arrangement involving Leviathan Gold, the Company and the securityholders of the Company whereby the shares of Leviathan Gold are distributed to the securityholders of the Company. Following the spin-out transaction [...]
Fosterville South Exploration Ltd. is pleased to announce that it has expanded its portfolio of high quality gold projects with the acquisition of the 36km2 square kilometre Beechworth Gold Project in Victoria, Australia held within EL4697 & RLA006013 by Northern Mine Ventures P/L. Highlights: Numerous drill ready gold prospects with orogenic style [...]
Fosterville South Exploration has intersected wide intervals of high-grade gold in multiple drill holes during the initial phase of core drilling at its Golden Mountain Project in Victoria, Australia. Based on the high-grade drilling results during this initial core drilling program, the previous high-grade drill results reported by Fosterville [...]
Fosterville South Exploration Ltd. is pleased to announce that it has closed its previously announced private placement financing by issuing a total of 1,962,500 units at a price of $4.00 per Unit for gross proceeds of $7,850,000. Highlights: Strong Participation from Current Large Shareholders Multiple New Institutional Investors Added to Share [...]
Fosterville South Exploration or is pleased to announce that the Company has accelerated drilling at its Golden Mountain project, located in Victoria, Australia. Highlights: Diamond drilling has commenced and is designed to test main target area. A second diamond drill rig, purchased by Fosterville South, has been added to the program. Shallow [...]
Fosterville South Exploration Ltd. has appointed Clarus Securities Inc. as Lead Agent on behalf of a syndicate of agents, to sell, by way of a private placement on a commercially reasonable best efforts basis, up to 1,875,000 units of Fosterville South at a price per Unit of $4.00 for aggregate gross proceeds of up to $7,500,000. Each Unit will [...]
Fosterville South Exploration Ltd. is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company in the United States. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded [...]
Fosterville South Exploration Ltd. is pleased to announce that the Board of Directors of the Company has unanimously approved a spin out transaction whereby Fosterville South will distribute the shares of a new company named Leviathan Gold Ltd. to the shareholders of Fosterville South, following which Leviathan will undertake an equity financing to [...]
Fosterville South Exploration or is pleased to provide assays from multiple wide intercepts of high-grade gold near surface from initial shallow scout drilling at the recently commenced Golden Mountain drilling program. Highlights: Diamond drilling has commenced and is designed to test main target area. Shallow scout drilling has returned multiple [...]
Fosterville South Exploration Ltd. is pleased to announce that it has retained Mining One Pty. Ltd. , of Melbourne, Australia for its recently acquired Walhalla Belt Project, located in the highly prospective Walhalla – Woods Point Belt, Victoria, Australia. Highlights: Fosterville South now has a total of 2,788 sq km in exploration tenements and [...]
Fosterville South Exploration is pleased to announce that it has expanded its portfolio of high quality gold projects with the consolidation and acquisition of the 547 square kilometre Walhalla Belt Project in Victoria. Highlights: Walhalla Belt Project has been consolidated by Fosterville South into a major 547 sq km land package. Total recorded [...]
Strong Participation from Current Large Shareholders Multiple New Institutional Investors Added to Share Registry Strong Balance Sheet and Cash Position and No Debt Fosterville South Exploration Ltd. is pleased to announce that it has closed its previously announced private placement financing by issuing a total of 13,636,363 units at a price of [...]
