Emergent Metals provides the following update to its previously announced private placement. Following the completion of the sale of Emergent's East-West Property to O3 Mining for cash and shares, which was announced by press release on May 3, 2022, the Company has elected to reduce the size of the planned private placement. In addition, the Company has received approval from the TSX Venture Exchange to extend the closing [...]
Emergent Metals announces it has completed the sale of its East-West Property, Quebec to O3 Mining Inc. previously announced in a March 15, 2022, press release. As consideration for the acquisition of Emergent's interest in the East West Property, O3 has: Paid to Emergent cash consideration of C$750,414.25 at closing; issued to Emergent an aggregate of 325,000 common shares in the capital of O3 at closing; and granted to [...]
Emergent Metals announces that it will conduct a non-brokered private placement of up to 20,333,333 units at a price of CDN$0.12 per Unit to raise gross proceeds of up to CDN$2,500,000. Each Unit will consist of one common share in the capital of the Company and one whole transferable common share purchase warrant. Each whole Warrant will be exercisable to acquire one Share at an exercise price of CDN$0.15 per Share for a [...]
Emgold Mining Corp. announces that it has received regulatory approval for a consolidation of the Company's issued and outstanding common shares on the basis of ten pre-Consolidation shares for one post-Consolidation share. The Consolidation was previously announced in the Company's press release dated March 1, 2022. In conjunction with the Consolidation, the Company has also received regulatory approval to change its [...]
Emgold Mining announces it has signed a Binding Letter Agreement to sell 100% of its interests, rights, and title to its East-West Property to O3 Mining Inc. As consideration for the acquisition of Emgold's interest in the East West Property, O3 will: pay to Emgold cash consideration of C$750,000 at closing; issue to Emgold an aggregate of 325,000 common shares in the capital of O3 at closing; and grant to Emgold a 1% net [...]
Emgold Mining announces assay results from the final three exploration diamond core holes drilled at its New York Canyon Property, in 2021. Exploration activities are being carried out by Kennecott Exploration Company, a subsidiary of Rio Tinto plc, in connection with KEX's earn-in obligations under the Earn-In with Option to Joint Venture Agreement between Emgold and KEX first announced by press release on February 11 [...]
Emgold Mining Corp. announces that the Board of Directors of the Company has authorized a consolidation of the issued and outstanding common shares of the Company on the basis of one post-consolidation share for every ten pre-consolidation shares. In conjunction with the Consolidation, the Board has also authorized a change in the Company's name from Emgold Mining Corp. to Emergent Metals Corp. . Presently, the Company [...]
Emgold Mining Corp. announces assay results from three exploration diamond core holes and re-assay results from one historic diamond core hole drilled at its New York Canyon Property. Exploration activities are being carried out by Kennecott Exploration Company, a subsidiary of Rio Tinto plc, in connection with KEX's earn-in obligations under the Earn-In with Option to Joint Venture Agreement between Emgold and KEX first [...]
Emgold Mining Corp. is pleased to report results of a soil sampling program at its Mindora Property. A total of 1,254 soil samples were taken on the eastern half of the Property. Gold and silver assay results indicate that mineralization in the historic resource area can be expanded from an east-west strike length of 2,000 ft to 6,000 ft. In addition, four other secondary exploration areas were identified outside the HRA [...]
Emgold Mining Corp. is pleased to report results of a soil sampling program at its Golden Arrow Property. A total of 1,109 soil samples were collected from two areas located in the southern part of the Property. Based on the results of the sampling, two new exploration targets have been discovered. These targets have been named the Big Hope Prospect and Kawich Prospect. Current resource areas at Golden Arrow are named [...]
Emgold Mining is pleased to announce the results of its Annual General Meeting held on Dec 8, 2021. All resolutions presented to the shareholders were approved. As a result, the number of Directors was set at five with the following nominees elected as Directors: David Watkinson, Robert Rosner, Andrew MacRitchie, Vincent Garibaldi, and Julien Davy. MNP LLP, Chartered Professional Accountants were re-appointed as the [...]
Emgold Mining announces it has received the necessary permit and is commencing a 2021/22 exploration program at its Casa South Property. The Program, as currently planned, will consist of up to 16,175 m of diamond drilling at 48 drill sites. The drilling will target eight of twenty geophysical targets described in Emgold's September 1, 2021 press release available at www.emgold.com or under the Company's corporate filings [...]
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