Steppe Gold Ltd.

Steppe Gold Ltd. and Anacortes Mining Corp. are pleased to announce that the shareholders of Anacortes approved the previously announced acquisition by Steppe Gold of all of the issued and outstanding common shares of Anacortes by way of a court-approved plan of arrangement under the Business Corporations Act at a special meeting of Anacortes Shareholders held on June 19, 2023. Under the terms of the Arrangement [...]

Steppe Gold Ltd. is pleased to announce that, subject to regulatory approval, Byambatseren Tsogbadrakh will assume the role of President. Mr Bataa Tumur-Ochir will resign as President of the Company and will remain as Chairman and Chief Executive Officer of the Company. Ms Byambatseren Tsogbadrakh is a founding member of the Steppe Gold team and she has held progressively senior positions in the Company over recent years [...]

Steppe Gold Ltd. is pleased to announce that the chief executive officer of the Company , Mr Bataa Tumur-Ochir will also assume the role of Chairman, effective immediately. Mr Bataa Tumur-Ochir is a founding Director of Steppe Gold and he has led the Company as CEO since December 2019. He is also now the largest shareholder of the Company, on a partially diluted basis. He has been instrumental in the management and growth [...]

Steppe Gold Ltd. is pleased to announce its financial results for the the quarter ended March 31, 2023. HIGHLIGHTS First Quarter Highlights Revenue for the three months ended March 31, 2023, was $9,525 on sales of 5,008 gold ounces and 651 silver ounces with average realized prices per ounce of $1,899 and $19 respectively. Production in the quarter was 6,993 ounces of gold and 19,877 ounces of silver. Operating income [...]

Steppe Gold Ltd. , is pleased to announce that it has successfully completed a non-brokered private placement , raising a total of $12.1 million, which was upsized from the original estimate of $9 million. The private placement included participation from the Company's management and 2176423 Ontario, a company beneficially owned by Eric Sprott. Under the Private Placement, the Company issued an aggregate of 11,000,000 [...]

Steppe Gold Ltd. and Anacortes Mining Corp. are pleased to announce they have entered into an arrangement agreement pursuant to which Steppe Gold will acquire all of the issued and outstanding common shares of Anacortes by way of a court-approved plan of arrangement under the Business Corporations Act , in an all share transaction . Under the terms of the Arrangement Agreement, Anacortes shareholders will receive 0.4532 [...]

Steppe Gold Ltd. and Anacortes Mining Corp. are pleased to announce the extension of the parties' binding letter of intent dated March 6, 2023 , pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Anacortes by way of a court approved plan of arrangement under the Business Corporations Act , in an all-share transaction . The [...]

Steppe Gold Ltd. , is pleased to announce a non-brokered private placement of approximately $9,000,000 , through the sale of common shares of the Company at a price of $1.10 per Common Share. The proceeds of the Private Placement will be used to accelerate the Phase 2 Expansion currently underway, to fund ongoing exploration as well as to support the announced plans to pursue a dual listing on the Hong Kong Stock [...]

Steppe Gold Ltd. is pleased to announce its financial results for the year ended December 31, 2022. HIGHLIGHTS Year Ended December 31, 2022 Highlights Revenue for the year ended December 31, 2022, was $62,366 on sales of 33,681 gold ounces and 38,740 silver ounces with average realized prices per ounce of $1,818 and $20 respectively . Operating income from mine operations, before depreciation and depletion was $35,028 [...]

Steppe Gold Ltd. is delighted to share its feature segment on the Viewpoint Project, hosted by Dennis Quaid, in its mission to educate US investors on the Steppe story. As Mongolia's leading gold producer, and after a year of expansion and growth, including the recent binding agreement to acquire Anacortes Mining, Steppe Gold Ltd. is always looking for new ways to share its remarkable story with investors and [...]