Gold Mountain Mining Corp. reports its financial and operating results for the three months and twelve months ended January 31, 2025 . The Company's Financial Statements and Management's Discussion and Analysis are available on the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website. All amounts are expressed in Canadian dollars unless otherwise noted. Change of Fiscal Year End The Company [...]
Gold Mountain Mining Corp. announces that it is changing its financial year-end from January 31 to March 31. The Company is changing its financial year-end to better align the Company's financial statement and continuous disclosure requirements with its industry peers, as well as its other external reporting obligations. As a result, the Company expects to file its annual disclosures in late June 2025 for the 14 months [...]
Gold Mountain Mining Corp. is pleased to announce that further to its news release dated December 10, 2024, it has closed a non-brokered private placement of 22,000,000 flow-through common shares of the Company at a price of $0.055 per FT Share for gross proceeds of $1,210,000 . The gross proceeds from the issuance of FT Shares will be used to incur "Canadian exploration expenses" as such term is defined under subsection [...]
Gold Mountain Mining Corp. reports its financial and operating results for the three months and nine months ended October 31, 2024 . The Company's Financial Statements, Management's Discussion and Analysis , are available for download on SEDAR+ and the Company's website. All amounts are expressed in Canadian dollars unless otherwise noted. Highlights for the three months ended October 31, 2024 Gold sales of 256 oz from [...]
Gold Mountain Mining Corp. is pleased to announce a non-brokered private placement of up to 27,272,727 flow-through common shares of the Company at a price of $0.055 per FT Share for gross proceeds of up to $1,500,000 . The gross proceeds from the issuance of FT Shares will be used to incur "Canadian exploration expenses" as such term is defined under subsection of the Income Tax Act and will qualify as "flow-through [...]
Gold Mountain Mining Corp. announces that Bruce Sifton, a Director of the Company, has assumed the role of Interim Chief Executive Officer effective immediately, following the resignation of CEO and Director, Ronald Woo. Mr. Sifton has been with Gold Mountain since June 19, 2024. He has in-depth experience in metallurgical recovery optimization and improving economic outputs on resource projects. Mr. Sifton has 25 years [...]
Gold Mountain Mining Corp. is pleased to report its financial and operating results for the three months and six months ended July 31, 2024 . The Company's Financial Statements, Management's Discussion and Analysis , are available for download on SEDAR and the Company's website. All amounts are expressed in Canadian dollars unless otherwise noted. Highlights for the three months ended July 31, 2024 Gold sales of 114oz [...]
Gold Mountain Mining Corp. announces that it is raising $6.5 million by way of issuance of a convertible secured debenture to a choomEEnsh a Nlaka'pamux LP . The Convertible Debenture will be convertible at the Investor's option into 81,250,000 common shares at a conversion price of $0.08 per share. The Convertible Debenture will mature on the date that is ten years from the date of issuance and will accrue interest at [...]
Omega Pacific Resources Inc. Ltd. is pleased to announce that further to its news release of June 20, 2024, the Company has completed the initial tranche of its non-brokered private placement of flow-through common shares for gross proceeds of C$1,084,740 . The Offering was comprised of the issuance of an aggregate of 1,485,945 FT Shares, at an issue price of C$0.73 per FT Share. "We are pleased to see interest and [...]
Gold Mountain Mining Corp. is pleased to announce that all resolutions put forward at the Annual General Meeting of the Company's shareholders held June 19, 2024, as described in the Company's information circular dated May 10, 2024 , were approved. A summary of the results are set out below: Number of Directions: set the number of directors at four . Election of Directors: the nominees listed in the Circular the Meeting [...]
Omega Pacific Resources Inc. announces the start of its 2024 drill program at the Williams Property in British Columbia's Golden Horseshoe. The current drilling focuses on expanding and extending the recently uncovered mineralization at drill hole WM22-02 at the properties GIC Prospect, which ended in mineralization during the project's last drill campaign in 2022. Current and upcoming Phase 1 exploration highlights: Up [...]
Gold Mountain Mining Corp. is pleased to announce the closing of its debt settlement transactions previously announced on June 3, 2024, pursuant to which the Company settled all of the secured debt of Nhwelmen Construction Limited Partnership , who was owed $6.5 million . Nhwelmen, the contract miner at the Company's Elk Gold Mine, was issued 50,000,000 common shares of the Company in payment of $1.5 million of the [...]