Culico Metals Inc. , a TSXV Sandbox issuer, is pleased to announce a strategic equity investment of C$4,000,000 into Americas Gold and Silver Corp. , a precious metals company with two operations: the Galena Complex in Idaho, USA and Cosalá in Sinaloa, Mexico. Culico has invested C$4,000,000 in exchange for 10,000,000 common shares of AGSC at a price of C$0.40 per Purchased Share. The Purchased Shares are subject to a [...]
Culico Metals Inc. , a TSXV Sandbox Listing, is pleased to announce the appointment of Mr. Scott Hand as Lead Director of the Corporation. Mr. Hand is a seasoned mining executive with over 47 years of experience in the mining industry. He previously served as Chairman and CEO of Inco Ltd. before its acquisition by Vale for US$19 billion in 2007. Mr. Hand has held directorships with several resource companies, including [...]
Culico Metals Inc. , a TSXV Sandbox issuer, is pleased to announce that it has closed its non-brokered private placement of common shares of the Corporation previously announced on September 11, 2024. The Offering consisted of the issuance of 24,999,997 Common Shares at a price of C$0.064 per Common Share for aggregate gross proceeds of approximately C$1.6 million. The Corporation intends to use the net proceeds of the [...]
Culico Metals Inc. , a TSXV Sandbox issuer, is pleased to announce that it has launched a non-brokered private placement of up to 25,000,000 common shares of the Corporation at a price of C$0.064 per Common Share for aggregate gross proceeds of up to C$1.6 million. The Corporation intends to use the net proceeds of the Offering to pay for due diligence and other costs relating to potential transactions it is considering [...]
Culico Metals is pleased to announce that, pursuant to the final listing approval received from the TSX-V, Culico's common shares will commence trading on the TSXV at the opening of the market on August 16, 2024, under the symbol "CLCO" pursuant to the TSXV Sandbox program. Culico is a newly listed company formed pursuant to the spin-out of certain assets of Karora Resources in connection with the completion of a [...]
Westgold Resources and Karora Resources are pleased to announce the completion of the merger of Westgold and Karora to create a leading mid-tier gold producer and international gold company expected to be dual listed on the Australian Securities Exchange and Toronto Stock Exchange. Westgold has acquired 100% of the issued and outstanding shares of Karora by way of a statutory plan of arrangement under the Canada Business [...]
Karora Resources is pleased to announce the voting results of its annual general and special meeting of shareholders held today. Paul Andre Huet, Chairman & CEO, commented: "The approval by approximately 99% of the votes cast on the resolutions regarding the proposed merger transaction with Westgold Resources, along with receipt of FIRB approval, represent two important milestones towards the closing of this transaction [...]
Karora Resources announced that it has filed and is in the process of mailing the management information circular and related materials for the annual general and special meeting of shareholders of Karora to be held July 19, 2024. At the Meeting, Karora Shareholders will be asked to consider and vote on, among other things, a special resolution approving a statutory plan of arrangement pursuant to Section 192 of the [...]
Karora Resources and Westgold Resources have agreed to combine in a merger pursuant to which Westgold will acquire 100% of the issued and outstanding common shares of Karora by way of a statutory plan of arrangement under the Canada Business Corporations Act. Transaction Highlights: Karora shareholders will receive 2.5241 Westgold fully paid ordinary shares, A$0.68 in cash and 0.30 of a share in a new company to be [...]