Lavras Gold will celebrate its launch and new public listing when it rings the bell to open trading on the Toronto Stock Exchange on Monday, June 6. The Company was spun out of Amarillo Gold Corporation, which was bought by Hochschild Mining PLC earlier this year. Lavras Gold’s long-term objective is to unlock the gold mineral endowment of its highly-prospective Lavras do Sul Property in southern Brazil. Its immediate [...]
Further to a press release dated May 9, 2022, Lavras Gold will consolidate its issued and outstanding common shares based on 10 pre-consolidation Common Shares for one post-consolidation Common Share. The Common Shares are expected to commence trading on the Toronto Venture Exchange on a consolidated basis on or about June 7, 2022. Following the Consolidation, the Company will have approximately 41,103,800 Common Shares [...]
Lavras Gold has added two critical people to its leadership team in Brazil: Paulo Serpa and Thiago Schlichta. Messrs. Serpa and Schlichta will be key to advancing the Lavras do Sul Project. “I am very pleased that Paulo will lead our team in Brazil,” said Michael Durose, President and Chief Executive Officer of Lavras Gold. “As Country Manager of Amarillo, he was instrumental in finalizing key land agreements and permits [...]
Lavras Gold is preparing to launch a drone aeromagnetic survey that will help identify additional exploration targets for its Lavras do Sul Project. Up to 3,357-line kilometres will be flown, covering 40% of the property that has not previously been covered by air magnetics. The survey is one component of the Company’s strategy – announced last week – to apply a sustained systematic and technically-based exploration [...]
Lavras Gold will focus on creating value through targeted gold exploration in southern Brazil. Lavras Gold was spun out of Amarillo Gold Corporation, which was bought by Hochchild Mining PLC earlier this year. Lavras Gold’s long-term objective is to unlock the gold mineral endowment of its Lavras do Sul property (LDS Project) through a sustained systematic and technically-based exploration effort. The immediate goals for [...]
Lavras Gold Corp. has filed a TSXV Form 2B Listing Application, a copy of which is available under Lavras Gold's profile on SEDAR at www.sedar.com. Trading of the common shares on the TSX Venture Exchange under the symbol LGC is anticipated to occur on Tuesday, April 12, 2022. About Lavras Gold Lavras Gold is a junior exploration company engaged in the exploration and development of the Lavras do Sul gold project located [...]
Amarillo Gold and Lavras Gold have completed the plan of arrangement transaction involving the acquisition of Amarillo by a subsidiary of Hochschild Mining and spinout of Lavras Gold. Pursuant to the Arrangement, each share of Amarillo has been exchanged for cash consideration of C$0.40 and one common share of Lavras Gold, based in Toronto. Amarillo is now a wholly owned subsidiary of Hochschild. It is anticipated that [...]
Amarillo Gold is pleased to announce that the acquisition of Amarillo by a subsidiary of Hochschild Mining pursuant to a plan of arrangement under the Business Corporations Act and the spin-out to Amarillo shareholders of all of the shares of Lavras Gold, is expected to occur on April 1, 2022. Under the terms of the Arrangement, each share of Amarillo will be exchanged for cash consideration of C$0.40 and one common share [...]
At a special meeting of shareholders held yesterday, the shareholders of Amarillo Gold approved the previously announced plan of arrangement under the Business Corporations Act for the acquisition of Amarillo by Hochschild Mining plc The special resolution approving the Arrangement was approved by 99.99% of the votes cast by Amarillo's shareholders present or represented by proxy at the meeting. It was also approved by [...]
Several major milestones were achieved in 2021, reported Amarillo Gold today as it announced its results for the year ended Dec 31, 2021. "We had a good year," said Mike Mutchler, Amarillo's Chief Executive Officer. "We continued to develop the Posse Gold Project, which attracted the attention of Hochschild Mining. As we said late last year when we announced Hochschild's proposed acquisition of Amarillo, we believe [...]
Amarillo Gold has entered into an agreement with Hochschild Mining, whereby Hochschild will acquire all of the outstanding shares of Amarillo by way of a plan of arrangement under the Business Corporations Act. Pursuant to the Arrangement, each share of Amarillo will be exchanged for cash consideration of C$0.40 and one share of a new Brazil-focused exploration company, Lavras Gold. Lavras SpinCo will be capitalized with [...]
