Brascan Gold Inc. and its wholly owned subsidiary, Brascan Aggregates, are pleased to announce that they have entered into a share exchange agreement, dated August 23, 2022, with an effective date of May 16, 2022, with North Atlantic Aggregates, the shareholders of NAAI and certain mineral claim holders to acquire 25% of the issued and outstanding shares in the capital of NAAI as of the effective date of the Agreement in [...]
Brascan Gold Inc. is pleased to update progress on the field program underway at Alegre Gold Project in Pará State northern Brazil. The Alegre Gold Project operates under an earn-in option agreement with field services provided by underlying claims holder Chapada Brasil Mineração . The earn-in option allows Brascan to acquire 100% interest in the Alegre Gold Project. Field crews have completed the first high-resolution [...]
Brascan Gold Inc. , together with its subsidiary Baie Verte Resources Inc., has entered into a letter of intent with Quinlan Prospector's Group respecting an option over seven prospective gold properties in the Province of Newfoundland. The Properties cover a total of 13,125 hectares spread broadly across Newfoundland. Brascan's current stable of five gold properties are identified in gold in the below image and are [...]
Brascan Gold Inc. , together with its subsidiary Baie Verte Resources Inc., is pleased to announce that they have entered into three separate option agreements to acquire up to a 100% interest in the Mountain Pond property , the Birchy Lake property and the Miguel's Lake property . The Properties are located in north and central Newfoundland. Property summary descriptions Mountain Pond: The Mountain Pond property [...]
Brascan Gold Inc. announces that it has completed the third and final tranche of its non-brokered private placement previously announced on October 13, 2021, of 1,903,499 units at a price of $0.30 per Unit for gross proceeds of $571,050.00. Each Unit consists of one share and one-half-of-one transferable Share purchase warrant. Each Warrant entitles the holder thereof to purchase one additional Share of the Company for a [...]
Brascan Gold Inc. is pleased to announce that it has completed the third and final tranche of its non-brokered private placement previously announced on October 13, 2021, of 1,593,500 units at a price of $0.30 per Unit for gross proceeds of $478,050.00. Each Unit consists of one share and one-half-of-one transferable Share purchase warrant. Each Warrant entitles the holder thereof to purchase one additional Share of the [...]
Brascan Gold Inc. is pleased to announce that its common shares have commenced trading on the Frankfurt Exchange under the symbol "5ZT". A listing on the Frankfurt Exchange provides companies with access to millions of international investors. The Frankfurt Exchange ranks third in terms of volume of shares traded, behind the New York Stock Exchange and the NASDAQ. The Frankfurt Exchange is the twelfth largest exchange in [...]
Brascan Gold Inc. is pleased to announce formal activation of the Alegre Gold Project earn-in option agreement in Pará State in northeastern Brazil. Brascan can now begin exploration of the highly prospective Alegre Gold Property. Location of the Alegre Gold Project To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/7954/111497_eefe5e42949ba941_002full.jpg Brascan will earn a [...]
Brascan Gold Inc. is pleased to announce that it is increasing the maximum amount of its non-brokered private placement from $2.4 million to $3.6 million due to strong demand from strategic investors and existing shareholders. Each private placement Unit consists of one share and one-half-of-one transferable Share purchase warrant . Each Warrant entitles the holder thereof to purchase one additional Share of the Company [...]
Brascan Gold Inc. is pleased to provide an update on its ongoing review of the multiple earn-in options on gold properties in Brazil. As previously announced on December 29, 2021, Brascan completed its due diligence site visit on the Alegre Gold Project in Pará State, northeastern Brazil. The site visit verified multiple recently active or active artisanal gold mines of significant size, evidently recovering gold from the [...]
Brascan Gold Inc. is pleased to announce that it has completed the second tranche of its non-brokered private placement previously announced on October 13, 2021, of 1,497,767 units at a price of $0.30 per Unit for gross proceeds of $449,330. Each Unit consists of one share and one-half-of-one transferable Share purchase warrant . Each Warrant entitles the holder thereof to purchase one additional Share of the Company for [...]
Brascan Gold is pleased to announce that it has closed its previously announced private placement through the issuance of 1,226,735 flow-through units of the Company at $0.53 per FT Unit, for aggregate gross proceeds of $650,170. Each FT Unit is composed of (1) common share, issued on a flow-through basis pursuant the Income Tax Act (Canada), and one-half of one (1/2) common share purchase warrant (each whole warrant, a [...]