Chesapeake Gold Corp. is pleased to announce that it has entered into a definitive agreement on December 9, 2020 to acquire Alderley Gold Corp. With the acquisition of Alderley, Chesapeake gains access to a proven and innovative precious metals processing technology together with certain asset rights and proprietary databases, creating the path [...]
Chesapeake Gold Corp. is pleased to announce the closing of its previously announced non-brokered private placement of 4,000,000 common shares at a price of $5.00 per Common Share for gross proceeds to the Company of $20,000,000 . Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired 2,500,000 [...]
Chesapeake Gold Corp. , is pleased to announce that it has arranged a non-brokered private placement of 4,000,000 common shares at a price of $5.00 per share for gross proceeds of $20,000,000 . Of that amount, $15,000,000 is being placed with Eric Sprott's company, 2176423 Ontario Ltd., a large shareholder of Chesapeake holding 11.8% of the current [...]
Chesapeake Gold Corp. announces that pursuant to its Stock Option Plan, the Board of Directors has granted incentive stock options to Mr. Chris Falck for the purchase of 400,000 common shares at an exercise price of $3.15 per share. Mr. Falck was appointed to the Company's Board of Directors at the Annual General Meeting held December 18, 2019. The [...]
Chesapeake Gold Corp. is pleased to announce an option to acquire a 100% interest in the El Duraznito gold-silver project located near the town of Tayoltita in Durango State, Mexico. Regional reconnaissance identified El Duraznito and follow up grassroots exploration generated impressive results. El Duraznito is located about 18 kilometers east of [...]
Chesapeake Gold Corp. is pleased to provide a further update on the exploration program at its Crisy and San Javier prospects in Durango State, Mexico. Crisy and San Javier are located 15 kilometers south and 12 kilometers southeast, respectively, of Chesapeake's world-class Metates Project. Metates hosts one of the largest undeveloped gold, silver [...]
OTC Markets Group Inc. , operator of the OTCQX®, OTCQB® and Pink® financial markets for 10,000 U.S. and global securities, today announced the 2020 OTCQX® Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded [...]
Chesapeake Gold Corp. is pleased to provide further exploration results from a bulldozer trenching program on its Crisy prospect. Crisy is one of several new grassroots discoveries generated from an on-going regional exploration program southeast of its world class Metates Project in Durango State, Mexico. Metates hosts one of the largest [...]
Chesapeake Gold Corp. is pleased to provide updated results from its on-going regional exploration program near its world class Metates Project in Durango State, Mexico. Metates hosts one of the largest undeveloped gold, silver and zinc reserves in the world. Three significant gold-silver prospects, Crisy, San Javier and Cerro Pelon, continue to [...]
Chesapeake Gold Corp. , is pleased to announce closing of the previously announced bought-deal private placement and the concurrent non-brokered private placement , for aggregate gross proceeds to the Company of $15,003,000. Through the Brokered Offering, which was underwritten by Mackie Research Capital Corporation as sole underwriter and [...]
Chesapeake Gold Corp. wishes to announce that it has exercised an option to re-purchase a one percent net smelter returns royalty on its 100% owned Metates gold-silver-zinc project located in Durango State, Mexico. The NSR was purchased from Wheaton Precious Metals Co. , a subsidiary of Wheaton Precious Metals Corp. for US$9.0 million. In August [...]
Chesapeake Gold Corp. , is pleased to announce that it has entered into an agreement with Mackie Research Capital Corporation as lead underwriter , whereby the Underwriter will purchase, on a bought-deal basis, 5,334,000 common shares of Chesapeake at a price of $2.25 per Common Share for gross proceeds to the Company of $12,001,500 . The lead [...]