Core Gold Inc. is pleased to announce that Green Valley Resources , a wholly-owned subsidiary of Core Gold, received first place in the category “Good Practices in Occupational Health and Safety” by the Instituto Ecuatoriano de Seguidad Social , also known as the Ecuadorian Social Security Institute. The recognition was given in the [...]
Core Gold Inc. is pleased to announce the renewal of exploration efforts on the Company’s 100% owned Dynasty Goldfield Project in Ecuador, specifically drilling in the Cerro Verde Target area with future plans to expand over the adjacent Dynasty Goldfield targets. The exploration program planned for the next six months includes 3,000 m of [...]
Core Gold Inc. has entered into a debt extension agreement with each of Vertex Managed Value Portfolio and Vertex Enhanced Income Fund in order to extend the maturity date of an aggregate of US$2,500,000 principal amount of debt owing by the Company to Vertex and make certain other amendments. The Company has the following debt outstanding with [...]
Core Gold Inc. is pleased to provide a corporate update on the following: Appointment of Senior Management Positions of CEO and COO Appointment of Kuscan Minerals in Ecuador Operational update Recommencement of Strategic Review Process Appointment of Senior Management Positions of CEO and COO The Company is pleased to announce Mr. Mark Bailey will [...]
Core Gold Inc. announces that effective July 19, 2019, Core Gold and Titan Minerals Ltd. have entered into a termination agreement that mutually terminates the Arrangement Agreement originally entered into on February 23, 2019. The termination is without liability or cost to either party. At a meeting held on July 9, 2019 the Special Committee of [...]
Keith Piggott, owning approximately 7% of the issued and outstanding shares of Core Gold Inc. provides an update on the recent Court decision in British Columbia dismissing the Titan arrangement and related matters. On July 4, 2019, Mr. Justice Joel R. Groves of the Supreme Court of British Columbia rejected Core’s petition finding that Core [...]
Core Gold Inc. announces that, on July 4, 2019, the British Columbia Supreme Court declined to approve Core Gold's proposed transaction with Titan Minerals Ltd. concluding that the Company had failed to satisfy its burden of proof in establishing that the transaction was fair and reasonable. The Company is considering its options, including [...]
Core Gold Inc. announces it has closed the transaction to issue 2,560,134 common shares of the Company , at a deemed price of C$0.26 per share, in payment of an aggregate of US$493,063 of debt owed to a company controlled by a past director and officer of the Company. The shares for debt transaction is part of the settlement of a legal action in [...]
Core Gold Inc. announces that it has agreed to issue 2,560,134 common shares of the Company, at a deemed price of C$0.26 per share, in payment of an aggregate of US$493,063 of debt owed to a company controlled by a past director and officer of the Company. The shares for debt transaction is part of the settlement of a legal action in the Supreme [...]
Core Gold Inc. announces today that it has filed and served a Notice of Civil Action in the Supreme Court of British Columbia against its former CEO, Keith Piggott. The lawsuit claims that Mr. Piggott misappropriated US$64,000 in corporate funds for his own use and, without board authority, in 2018 borrowed US$1,960,000 in Ecuador at annual rates [...]
Core Gold Inc. is pleased to announce that at the Special Meeting of Securityholders held earlier today on June 12, 2019 , Core Gold Inc. securityholders have approved the proposed plan of arrangement with Titan Minerals Ltd. , which was originally announced on February 24, 2019. In accordance with the Interim Order of the Supreme Court of British [...]
Core Gold Inc. is pleased to announce that two independent proxy advisory firms, Institutional Shareholder Services Inc. and Glass Lewis & Co. , have recommended that shareholders vote FOR the proposed plan of arrangement with Titan Minerals Ltd. . ISS and Glass Lewis are both leading independent international corporate governance analysis and [...]
