Dixie Gold provides a fiscal summary to recap certain completed efforts related to its gold project. As outlined, during the past 24 months, the Red Lake Gold Project has received more than $600,000 of expenditures, which the Corporation views to be a significant amount relative to its listed-market capitalization, as well as in terms of a greenfield expenditure at a grass-roots exploration project. Almost exclusively [...]
Dixie Gold reports that further to the Corporation's incentive stock option plan it has today granted an aggregate of 1,125,000 incentive stock options to directors and management of the Corporation. The options issued under the Incentive Stock Option Grant have an exercise price of $0.06, are exercisable for a period of 60 months, vest immediately and will be subject to the policies of the TSX Venture Exchange and the [...]
Dixie Gold reports that it has entered into and executed a settlement agreement dated April 2, 2024 with Omnia Metals Group Ltd as relates to its prior commencement of legal proceedings as plaintiff against Omnia. Pursuant to the Settlement Agreement, the parties have resolved their differences without admission of liability and provided customary and encompassing mutual releases. Under the Settlement Agreement, the [...]
Mr. Ryan Kalt reports that he has privately acquired 5,000,000 common share units of Dixie Gold Inc. on a direct basis through a private placement conducted by the Issuer for which cash consideration of $250,000.00 was paid to the Issuer. The Acquired Units were acquired at close of the Financing and were acquired pursuant to the terms of the Financing announced by the Issuer, and likewise as set out in the Form 62-103F1 [...]
Dixie Gold is pleased to report that it has closed a non-brokered common share unit financing by way of the issuance of five million units at a price of $0.05 per Unit. Each Unit consists of one common share of the Corp and one common share purchase warrant that entitles the holder of a Warrant, upon further payment to the Corp, to acquire one additional common share of the Corp at an exercise price of $0.05 per Warrant [...]
Dixie Gold Inc. announces that it intends to conduct a non-brokered private placement to raise capital, as further set by the parameters of its market-traded price. The Corporation intends to conduct a non-brokered common share unit financing consisting of up to 5,000,000 common share units to be issued at a price of $0.05 per Unit. Each Unit will consist of one common share of the Corporation and one common share [...]
Dixie Gold Inc. announces that it intends to conduct a non-brokered private placement to raise capital, as further set by the parameters of its market-traded price. The Corporation intends to conduct a non-brokered common share unit financing consisting of up to 5,000,000 common share units to be issued at a price of $0.05 per Unit. Each Unit will consist of one common share of the Corporation and one common share [...]
Dixie Gold Inc. reports legal event related to its previously announced transaction with ASX-listed Omnia Metals Group Ltd. under which Omnia made binding terms to acquire 100 per cent of the issued and outstanding common shares of the Corporation under written executed agreement dated October 24, 2023, and see the corresponding news release disclosures filed by the Corporation therewith . Filing of Statement of Claim The [...]
Dixie Gold provides an event-related disclosure update to its previously announced transaction with ASX-listed Omnia Metals Group Ltd. Based on continuing mutual effort by the parties to advance the Takeover Transaction towards an intended completion, the Corp has entered into a second amending letter with Omnia dated today, Jan22, 2024, whereby the parties have increased the duration of the exclusivity period by an [...]
Dixie Gold Inc. provides an event-related disclosure update to its previously announced transaction with ASX-listed Omnia Metals Group Ltd. On December 22, 2023, the Corporation was advised by Omnia that Omnia had received response of same date from its listed exchange, pertaining to 'in-principle advice' regarding the suitability of Omnia for re-admission to its official list if the Takeover Transaction were to be [...]
Dixie Gold reports the following updates. Annual and Special Meeting of Shareholders The Corporation is pleased to report that all of the resolutions, to their applicable extent, and as put forth to shareholders at its annual and special meeting of shareholders held earlier today in Vancouver, BC were duly passed and put into effect. The AGSM Resolutions were described, with particulars, in the Corporation's information [...]
Dixie Gold is pleased to announce that it has entered into an agreement whereby it is contemplated that Dixie Gold will be acquired by ASX-listed issuer Omnia Metals Group Ltd. Under the negotiated Agreement, Omnia made binding terms to acquire 100% of the issued and outstanding common shares of Dixie Gold in exchange for 166,666,667 common shares of Omnia and a further C$3 million cash component . "We are pleased to [...]
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