XAU Resources announces it has filed additional documents on SEDAR+ following a routine continuous disclosure review by staff of the Ontario Securities Commissio . During the course of the review, the Company identified that the third amendment of the agreement pursuant to which it has the right to acquire the Noseno Property had not been filed on SEDAR+. At the request of OSC staff, the Company has filed the amendment as [...]
XAU Resources announces that a total of 865,000 stock options have been granted to directors, officers, and consultants, pursuant to the Company's stock option plan. The Options are to purchase up to 865,000 common shares of the Company at an exercise price of $0.06 per share until October 31, 2029, subject to any earlier termination in accordance with the Plan. All Options vested immediately on the date of grant. The [...]
XAU Resources is pleased to announce that the shareholders approved all matters put forth for approval at the annual shareholders' meeting held on Sep 16, 2024. The shareholders re-elected Gairat Gary Bay, Peter Hambro, Nataliya Hearn, Dan Hrushewsky and Danièle Spethmann to the board of directors and re-appointed RSM Canada LLP to be the auditors of the Company. The shareholders also approved the Company's stock option [...]
XAU Resources is pleased to announce the amendment of the agreement pursuant to which it has the right to acquire the Noseno Property. The amendments remove the requirement to make payments and incur work expenditures annually to maintain the option. Instead, the Corporation may acquire a one hundred percent undivided interest in the Noseno Property by, among other things, making the following cash payments and incurring [...]
XAU Resources is pleased to announce that the shareholders approved all matters put forth for approval at the annual shareholders' meeting held on July 26, 2023. The shareholders re-elected Gairat Gary Bay, Peter Hambro, Nataliya Hearn, Dan Hrushewsky and Danièle Spethmann to the board of directors and re-appointed RSM Canada LLP to be the auditors of the Company. The shareholders also approved the Company's stock option [...]
XAU Resources is pleased to announce that it has received positive results from the bulk leach extractable gold stream sediments sampling program conducted on its Noseno property in northwest Guyana. The sampling program was successful in highlighting several areas with significant gold anomalism corresponding to favourable geology which warrants follow up exploration. Results Highlights The field sampling team collected [...]
XAU Resources is pleased to announce that it has mobilized a light camp to the Noseno property and has commenced the initial phases of exploratory field work to consist of stream sediment sampling, prospecting and rock sampling. It is anticipated that these programs will take approximately 6 to 8 weeks to complete. With the receipt of positive results, a campaign of soil sampling will follow, likely commencing in Q1 2023 [...]
Mr. Jay Hambro, an investor of XAU Resources announces that he has filed an early warning report under National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the closing of a qualifying transaction . On June 20, 2022, the Corporation completed its Qualifying Transaction with North West Exploration Inc. As part of the Qualifying Transaction, the [...]
XAU Resources is pleased to announce that it has completed its qualifying transaction with North West Exploration Inc. The resulting issuer, XAU Resources and its shares are anticipated to start trading on the TSXV on or about June 27, 2022 under the stock symbol "GIG". As part of the Qualifying Transaction, the subscription receipts issued by the Corporation on March 7, 2022 pursuant to a non-brokered private placement [...]
XAU Resources is pleased to announce that the TSXV has conditionally approved its qualifying transaction to acquire the Noseno Property in Guyana previously announced in the Company's press releases dated Oct 22, 2021, Dec 21, 2021, March 7, 2022, March 8, 2022, March 30, 2022 and April 29, 2022. The Transaction remains subject to the final approval of the TSXV and is expected to close on or about June 20, 2022 [...]
XAU Resources Inc. is pleased to announce that the TSX Venture Exchange has conditionally approved its qualifying transaction that entails the option to acquire the Noseno Property in Guyana . The Transaction remains subject to the final approval of the TSXV. The Company continues to work towards the completion of the Transaction. In connection with the Transaction, XAU recently completed a $1 million financing of [...]
XAU Resources announces that it continues to work towards the completion of its previously announced Qualifying Transaction to acquire the Noseno Property in Guyana. In connection with the Qualifying Transaction, XAU recently completed a $1 million financing of subscription receipts. By subscription receipt holder resolution, the deadline for release of escrowed proceeds from the subscription receipts financing has been [...]
