Val-d'Or Mining announces that it has entered into an additional option agreement dated May 26, 2023 with Eldorado Gold, a wholly owned subsidiary of Eldorado Gold Corp.. Eldorado's potential total expenditures under the Option Agreement, the Assigned Option and the November Option, as described below, amount to $34.5 million. The Option Agreement enables Eldorado to earn up to an 80% interest in the Company's Baden [...]
Val-d'Or Mining is pleased to announce that further to the Company's news release of March 10, 2023, it has now closed the transactions contemplated by the letter agreement dated March 9, 2023 with Gold Royalty Corp.'s wholly owned subsidiary, Golden Valley Abitibi Royalties Ltd. The Company has purchased from Gold Royalty the mineral rights and interests in the Upper Red Lake property located in Northern Ontario in [...]
Val-d'Or Mining is pleased to announce that further to the Company's news release of Dec 2, 2022, it has entered into a further letter agreement dated March 9, 2023 with Gold Royalty Corp.'s wholly owned subsidiary, Golden Valley Abitibi Royalties Ltd., which together with Gold Royalty Corp., is referred to as "Gold Royalty", for the assignment and transfer to the Company of all rights, titles and interests in and to the [...]
Val-d'Or Mining is pleased to report, further to its December 2, 2022 news release, that it has received conditional approval of the TSX Venture Exchange for, and consequently completed, the transaction contemplated by the letter agreement dated November 30, 2022 with Gold Royalty Corp.'s wholly owned subsidiary, Golden Valley Mines and Royalties Ltd.. The Company has purchased from Gold Royalty: the mineral rights and [...]
Val-d'Or Mining is pleased to announce that it has entered into a letter agreement dated November 30, 2022 with two of Gold Royalty's wholly owned subsidiaries, [Golden Valley Mines and Royalties and Abitibi Royalties, which are together with Gold Royalty Corp., referred to as "Gold Royalty". Gold Royalty holds 28,965,050 shares in the capital of the Company, representing 35.6% of its issued share capital, and accordingly [...]
Gold Royalty Corp. is pleased to announce that it has entered into an agreement with Val-d'Or Mining Corporation to sell and generate royalties on 12 prospective properties in Québec and Ontario. Under the VZZ Agreement, the Company will also retain a right of first refusal on any royalty or similar interest sold by Val-d'Or Mining. Gold Royalty has also entered into a strategic alliance with [...]
Val-d'Or Mining is pleased to announce that its 2022 exploration fieldwork season is now underway. The initial ground focus will be on two of the Company's 100%-owned, Québec-based Abitibi Greenstone Belt precious metals and critical / strategic minerals prospects. The objectives of the field-based programs are to follow-up on previous defined induced polarization anomalies, and/or drilling results, with the objective of [...]
Val-d'Or Mining announces that after several years as VP Exploration for the Company, Michael Rosatelli will be stepping down from his role with the Company to pursue additional opportunities. Dr. Scott Jobin-Bevans has been appointed by the board of directors as the VP Exploration for the Company effective June 28, 2022. Dr. Jobin-Bevans has 30 years of experience in the geosciences, including mineral exploration [...]
Val-d'Or Mining announces the results of its annual general and special meeting of shareholders held in Val-d'Or, and by telephone conference, on June 23, 2022. At the meeting shareholders elected five directors, being Louis Doyle, Deborah Honig, Glenn J. Mullan, Lukas Shewchuk and Dr. C. Jens Zinke. Shareholders appointed MNP LLP as Val-d'Or Mining's auditor for the ensuing year and approved the previously adopted 10 [...]
Further to its news releases of February 18 and March 7, 2022, Val-d'Or Mining is pleased to announce that it has completed a non-brokered private placement offering for gross proceeds of $1,396,472.64. The Company issued 8,727,954 Units under the Offering at a per Unit price of $0.16, each Unit comprised of one common share in the capital of the Company and one-half of one non-transferable common share purchase warrant [...]
Val-d'Or Mining is pleased to announce that further to its news release of February 18, 2022, it has increased the size of its previously announced non-brokered financing such that it will issue up to 8,750,000 Units at a per Unit price of $0.16 for gross proceeds of up to $1,400,000. Each Unit will consist of one common share in the capital of the Company and one-half of one non-transferable share purchase warrant, each [...]
Val-d'Or Mining announces that it will conduct a non-brokered private placement offering pursuant to which it will issue up to 6,250,000 Units at a per Unit price of $0.16 for gross proceeds of up to $1,000,000. Each Unit will consist of one common share in the capital of the Company and one-half of one non-transferable share purchase warrant, each whole warrant entitling the purchase of one common share at a per share [...]
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