XAU Resources Inc. announces that Dan Hrushewsky has resigned from the board of directors of the XAU. Mr. Hrushewsky was one of XAU's founding directors and seed investors and helped guide the company through its initial public offering, qualifying transaction, and to its current stage. He is retiring from the XAU board of directors to focus on his other involvements in the mining industry. Commenting on Mr. Hrushewsky's [...]
XAU Resources Inc. is pleased to announce it has closed the final tranche of its previously announced private placement . Pursuant to the final tranche XAU issued 480,000 units of the Company at the price of C$0.25 per Unit for gross proceeds of C$120,000. In aggregate under the Financing, the Company sold 4,000,000 Units at the Offering Price for gross proceeds of C$1,000,000. Each Unit consisted of one common share and [...]
XAU Resources Inc. is pleased to announce that it has closed the first tranche of its private placement announced on November 25, 2025. XAU has raised gross proceeds of $880,000 from the issuance of 3,520,000 units at a price of $0.25 per Unit in this first tranche. Each Unit consists of one common share and one-half of one common share purchase warrant . Each Warrant entitles the holder to acquire one additional Share at [...]
XAU Resources Corp. is pleased to announce a private placement of up to 4,000,000 units at a price of $0.25 per Unit to raise gross proceeds of up to $1,000,000 . Each Unit will consist of one common share of XAU and one-half of one common share purchase warrant , with each whole Warrant exercisable to acquire one additional Share at a price of $0.40 for a period of 18 months from its date of issuance, subject to [...]
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 [...]
