Big Ridge Gold Corp. announced today that the Company has elected to accelerate the expiry date of 22,075,000 common share purchase warrants issued on July 8, 2020, in connection with a subscription receipt offering completed by the Company under its predecessor name, "Alto Ventures Ltd.". While the original expiry date of the Warrants is May 29, 2022, the Warrants provide that the expiry may be accelerated by notice in [...]
Big Ridge Gold Corp. is pleased to announce new additions to the company's technical and advisory teams. We are pleased to announce that Jeff Burke will be joining as Project Manager for the Hope Brook Gold Project located in southwestern Newfoundland. In addition, Dr. Laurie Curtis and Dr. Bill Pearson will be joining the Big Ridge Gold Corp. advisory team and current director, Nick Tintor will become Chairman of the [...]
Big Ridge Gold Corp. is pleased to announce that the company has entered into an agreement with Clarus Securities Inc. as sole bookrunner in connection with a marketed best efforts private placement of up to 24,390,500 flow-through units of the Company at a price of C$0.205 per FT Unit to raise gross proceeds of up to approximately C$5.0 million . Each FT Unit shall consist of one flow-through common share and one common [...]
Big Ridge Gold Corp. is pleased to announce that it has closed its previously announced earn-in agreement with First Mining Gold Corp. pursuant to which Big Ridge can earn up to an 80% interest in First Mining's Hope Brook Gold Project, located in Newfoundland and Labrador. Under the terms of the Earn-In Agreement, Big Ridge is now the operator of the Hope Brook Gold Project. HOPE BROOK GOLD PROJECT Located in a [...]
Big Ridge Gold Corp. is pleased to provide an update on its previously announced earn-in agreement with First Mining Gold Corp. pursuant to which Big Ridge can earn up to an 80% interest in First Mining's Hope Brook Gold Project, located in Newfoundland and Labrador. The Company and First Mining are continuing to progress the Transaction towards closing, which is expected to occur in May, 2021. The closing of the [...]
Big Ridge Gold Corp. is pleased to announce it has entered into an earn-in agreement with First Mining Gold Corp. pursuant to which Big Ridge can earn up to an 80% interest in First Mining's Hope Brook Gold Project, located in Newfoundland and Labrador. Michael Bandrowski, President and Chief Executive Officer of Big Ridge commented, "This transaction is transformational for Big Ridge, elevating the company to an advanced [...]
Big Ridge Gold Corp. announced that it has received the first option payment from Clarity Gold Corp. in accordance with the November 27, 2020 option agreement for the sale of its Destiny gold property, located in Despinassy Township, 75 kilometers northeast of Val d'Or Quebec. Big Ridge received a cash payment of $450,000 and 685,391 common shares of Clarity at a deemed price of $1.46 per share for an aggregate value of [...]
Big Ridge Gold Corp. is pleased to announce the appointment of Dr. Bill Williams to its Board of Directors. "We are very pleased that Dr. Williams has agreed to join the Big Ridge Gold Board," said Mike Bandrowski, President & CEO, Big Ridge, "Bill brings permitting, exploration and operational experience that will significantly add to the depth of the Big Ridge team. Bill is a geologist and mining executive who holds a [...]
Big Ridge Gold Corp. is pleased to report the closing of the previously announced option agreement with Clarity Gold Corp. for it's 100% owned Destiny gold property, located in Despinassay Township, 75 km Northeast of Val d'Or, Quebec. Terms of the Transaction To earn a 100% interest in the Destiny gold property, Clarity must make the following cash payments and share issuances to Big Ridge: $50,000 in cash within 5 days [...]
Big Ridge Gold Corp. today wishes to provide shareholders with an update on its upcoming annual general meeting of shareholders , scheduled to take place on Tuesday, December 15, 2020. The Meeting was planned to take place at the offices of Fasken LLP at Suite 2400, 333 Bay Street, Toronto, Ontario. However, this is no longer possible due to the recent lockdown imposed on non-essential businesses operating in the City of [...]
Big Ridge Gold Corp. is pleased to announce it has entered into a binding option agreement with Clarity Gold Corp. for the option of its 100% owned Destiny gold property, located in Despinassay Township, 75km Northeast of Val d'Or, Quebec. Terms of the Transaction To earn a 100% interest in the Destiny gold property, Clarity must make the following cash payments and share issuances to Big Ridge: $50,000 in cash within 5 [...]
Big Ridge Gold Corp. is pleased to announce the appointment of Nick Tintor to its Board of Directors. "We are very pleased that Mr. Tintor has agreed to join the Big Ridge Gold Board", said Mike Bandrowski, President & CEO, Big Ridge, "Nick brings exploration, leadership and fundraising experience that will significantly add to the depth of the Team. This is a critical time for Big Ridge with the recent signing of a [...]