S2 Minerals is pleased to announce that it has completed its previously announced rights offering, which expired on May 12, 2021, raising aggregate gross proceeds of approximately $1,200,000. Upon closing of the Rights Offering, the Company issued a total of 12,655,667 common shares of the Company on May 18, 2021 at a price of $0.10 per Common Share. This represents 100% of the maximum number of Common Shares issuable [...]
G2 Goldfields Inc. and S2 Minerals Inc. are pleased to announce that the previously announced spin-out of the Company's Sandy Lake project into a wholly-owned subsidiary of the Company, S2, by a Plan of Arrangement under the Canada Business Corporations Act has been completed. The Arrangement was effective at 12:01 a.m. on April 9, 2021. Pursuant to the Arrangement, G2 will distribute 100% of the common shares of S2 it [...]
G2 Goldfields Inc. wishes to clarify the dates for the "due bill" trading procedures set out in its news release dated March 31, 2021. In order to accommodate the trading and clearing requirements of the TSX Venture Exchange, the G2 common shares will commence trading on a "due bill" basis effective from the opening of markets on April 7, 2021 rather than April 8, 2021. The change was necessary since the proposed spin-out [...]
G2 Goldfields Inc. is pleased to announce that it has received a final order from the Ontario Superior Court of Justice approving the previously announced proposed spin-out of the Company's Sandy Lake property into a wholly-owned subsidiary of G2, S2 Minerals Inc., by a Plan of Arrangement under the Canada Business Corporations Act. Pursuant to the Arrangement, G2 will spin-out all of the common shares of S2 it receives [...]
G2 Goldfields Inc. is pleased to announce that its shareholders have approved the previously announced proposed spin-out of the Company's Sandy Lake property into a wholly-owned subsidiary of G2, S2 Minerals Inc. , at the special meeting of G2 Shareholders held on March 29, 2021. At the special meeting, a special resolution approving the transaction was approved by 99.997% of the votes cast at the meeting in person or by [...]
G2 Goldfields Inc. wishes to supplement the disclosure in the management information circular for the special meeting of G2 shareholders to be held on March 29, 2021. This news release should be read in conjunction with the Arrangement Circular as a whole. Capitalized terms not otherwise defined below shall have the meanings ascribed to such terms in the Arrangement Circular. As disclosed in the Arrangement Circular [...]
G2 Goldfields Inc. is pleased to announce that it has filed the management information circular and related meeting materials for the special meeting of G2 shareholders to be held on March 29, 2021 . The purpose of the Meeting is, among other things, to consider and, if deemed advisable, to pass a special resolution approving the previously announced proposed spin-out of the Company's Sandy Lake property in Ontario into a [...]
G2 Goldfields Inc. is pleased to announce its intention to transfer its ownership and rights in the Sandy Lake property into a wholly-owned subsidiary of G2, S2 Minerals, and spin-out all of the securities of S2 to the Company's shareholders on a pro rata basis, through a Plan of Arrangement under the Canada Business Corporations Act. Pursuant to the Arrangement, S2 will also issue rights to the holders of the common [...]