Spanish Mountain Gold Ltd. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as lead agent and sole bookrunner in connection with a "best efforts" private placement for aggregate gross proceeds of up to C$5,000,000 from the sale of the following: up to 18,518,519 units of the Company at a price of $0.135 per Unit, for gross proceeds of up to $2,500,000 from the sale of [...]
Spanish Mountain Gold Ltd. is pleased to provide an update on its 2024 drill program at the Spanish Mountain Gold project located in the Cariboo Gold Corridor, British Columbia, Canada . The Company completed 11 NQ-sized diamond drill holes for a total of 5,590 metres of drilling, positioned along the northwestern edge of the deposit. Results from the first reported hole in this program, 24-DH-1267, successfully [...]
Spanish Mountain Gold Ltd. announces that, further to its news release dated June 24, 2024, it has amended the terms of its engagement of Proactive Investors North America Inc . Following the amendment, the Company will now pay Proactive Investors a monthly fee of $3,750 during the one-year term, and such payments cannot be accelerated by the Company. The term of the Company's engagement of Proactive Investors commenced [...]
Spanish Mountain Gold Ltd. is pleased to welcome Ms. Suzette N. Ramcharan to the position of Vice President, Investor Relations and Corporate Development effective October 1, 2024. Peter Mah, Chief Executive Officer of Spanish Mountain Gold commented, "We are excited to welcome Ms. Suzette N. Ramcharan as the Vice President, Investor Relations and Corporate Development at Spanish Mountain Gold. Her vast experience in [...]
Spanish Mountain Gold is pleased to provide an update on its 2024 Exploration Program at its Spanish Mountain Gold Project. The Program will drill a total of nine NQ sized diamond drill holes positioned along the northwestern edge of the deposit. It will include down the hole surveying, oriented core and XRF analyser results which aim to maximize information to improve ore body knowledge and mineralization controls.
Spanish Mountain Gold is pleased to announce that, further to the Company's news release on July 26, 2024, the Company has completed a transaction with Whittle Consulting Ltd. pursuant to which Whittle, in lieu of receiving a cash payment from the Company for services rendered, invested $348,000 of the amount due to Whittle in exchange for 1,831,579 common shares in the capital of the Company. The Shares were issued at a [...]
Spanish Mountain Gold Ltd. is pleased to announce the commencement of its 2024 exploration diamond drill program at its Spanish Mountain Gold Project, which is located in the Cariboo Gold Corridor near Likely, British Columbia, Canada. The primary objectives of the Program are to extend near surface mineralization towards the northwest and increase the size of the proposed pit and ultimately the scale of the project. A [...]
Spanish Mountain Gold Ltd. is pleased to announce the appointment of Mr. Mark Ruus as Chief Financial Officer of the Company. Bringing almost three decades of mining experience, Mr. Ruus began his career at PwC, and has since held Vice President and Senior Vice President Tax positions at several major gold mining companies including Kinross Gold Corp., Goldcorp Inc. and Placer Dome Inc.. Holding his CPA - CA designation [...]
Spanish Mountain Gold is pleased to announce that it has entered into an agreement with Whittle Consulting, pursuant to which Whittle will, in lieu of receiving a cash payment from the Company for services rendered, invest $348,000 of the amount due to Whittle in exchange for 1,831,579 common shares of the Company. The issue price of the Shares is equal to $0.19 per Share. Whittle is conducting an Enterprise Optimization [...]
Spanish Mountain Gold Ltd. is pleased to announce that, further to its news releases dated May 27, 2024 and May 31, 2024, it has closed the second and final tranche of the previously announced private placement of flow-through units of the Company at a price of $0.24 per FT Unit and non flow-through units at a price of $0.21 per NFT Unit. The second tranche of the Private Placement consisted of 50,000 FT Units and 819,237 [...]
Spanish Mountain Gold Ltd. is pleased to announce that, subject to TSX Venture Exchange acceptance, it has engaged First Focus Capital Inc. and Proactive Investors North America Inc. to provide investor relations and marketing services for the Company. First Focus, a capital markets and marketing firm based in Vancouver, B.C., will provide corporate communications, marketing and investor relation advisory services over a [...]
Spanish Mountain Gold Ltd. is pleased to announce the voting results from its 2024 Annual General Meeting held in Vancouver, British Columbia, on June 13, 2024 . At the AGM, a total of 157,267,479 common shares were voted, representing 42.17% of the votes attached to all outstanding common shares as of the record date. All six nominees were elected to the Company's Board of Directors. The voting results were as follows [...]
