Algold Resources Ltd.

Algold Resources is pleased to report that the proposal made in the context of the Notice of Intention (NOI) was approved today by its creditors. The motion for the homologation of the proposal and the Reorganization under which Algold will become a wholly owned subsidiary of Aya Gold & Silver, will be heard on March 26, 2021 at 8:45 am, in [...]

Algold Resources Ltd. is pleased to provide additional information on the proposed reorganization of its share capital, which under the Investment Agreement with Aya Gold & Silver Inc., should lead to Algold becoming a wholly owned subsidiary of Aya. Under the proposed reorganization, Algold intends to exchange each Algold common share for one [...]

Algold Resources Ltd. announced today that, in the context of its Proposal, it has entered into a binding agreement with Aya Gold & Silver Inc. whereby Aya will fund its Proposal and at closing, become sole shareholder of Algold. Under the terms of the Investment Agreement, existing Algold shares will be cancelled and Aya will subscribe for 100% of [...]

Algold Resources Ltd. announced today that it has filed a proposal. The Proposal provides, among other things, for the reorganization of Algold's share capital. Subsequent to the approval of the Proposal and the reorganization of Algold's share capital, as the case may be, Articles of Reorganization will be filed with the director appointed under [...]

Algold Resources Ltd. announced today that it has filed a Notice of Intention to Make a Proposal . Raymond Chabot Grant Thornton has been appointed to assist the Corporation under the NOI. The board of directors of Algold determined that the NOI is in the best interests of Algold and its various stakeholders to allow the development of the Tijirit [...]

June 1st, 2020 - Algold Resources Ltd. - wishes to provide an update on the Press Release issued April 30, 2020 relating to the COVID-19 pandemic as it effects the Corporation and the status of the filing of its annual financial statements and accompanying management's discussion and analysis, and related CEO and CFO certifications, for the [...]

Algold Resources Ltd. wishes to provide an update on the coronavirus pandemic as it affects the Corporation and the status of the filing of its annual financial statements and accompanying management's discussion and analysis, and related CEO and CFO certifications, for the financial year ended December 31, 2019, and the filing of its interim [...]

Algold Resources Ltd. is pleased to announce that it has agreed with Capital Drilling Ltd. to convert a debt owing in the amount of $1,319,274 into an interest-free, convertible debenture in the same principal amount . The debenture will have a term of 12 months. The debenture's principal amount would be convertible into common shares of Algold at [...]

Algold Resources Ltd. announces the departure of Mary Batoff from its board of directors. Algold thanks Ms. Batoff for her years of service and wishes her well in her future projects. This change comes as Algold seeks to reduce the size of its board. Algold Resources Ltd. is focused on the exploration and development of gold deposits in West [...]

Algold Resources Ltd. announces the departure of Mario Caron from its board of directors, of Dejan Ristic as its Chief Financial Officer, and of Francois Auclair as a director and the Corporation's Executive Vice-President, Exploration. Algold's Executive Vice-President, Yves Grou, will assume the role of interim Chief Financial Officer. Messrs [...]