Azarga Metals Corp. is pleased to announce that the British Columbia Securities Commission has revoked the management cease trade order previously issued on January 29, 2025. The MCTO had prevented the Corporation's Officers, Board and Insiders from trading in the Corporation's securities but did not affect the ability of other shareholders, including the public, to trade in the securities of the Corporation. The MCTO was [...]
Azarga Metals Corp. provides an update with respect to the previously announced management cease trade order issued by the British Columbia Securities Commission on January 29, 2025. The Corporation is providing this notice in accordance with National Policy 12-203 - Management Cease Trade Orders . The MCTO was issued by the BCSC on January 29, 2025. It prevents the Corporation's Officers, Board and Insiders from trading [...]
Azarga Metals Corp. announces that the British Columbia Securities Commission , as the Corporation's principal regulator, on January 29, 2025, granted the Corporation's previously announced application, see news release dated January 10, 2025, for the issuance of a management cease trade order under National Policy 12-203 - Management Cease Trade Orders . The Corporation made the application in connection with its default [...]
AZARGA METALS CORP. has, subject to regulatory approval, retained Independent Trading Group Inc. to provide market-making service and to provide assistance in maintaining an orderly trading market for the common shares of the Company with effect from July 1, 2019. The market-making service will be undertaken by ITG, a registered broker in compliance with the applicable policies of the TSX Venture Exchange and other [...]
Azarga Metals Corp. is pleased to announce the closing of a non-brokered private placement of common shares in the capital of the Company , as announced on December 31, 2024, by the issuance of 36,666,666 Common Shares at an issue price of $0.03 per Common Share for aggregate gross proceeds of $1,100,000 . In addition, the Company has entered into a debt settlement agreement with each of Gordon Tainton , the Company's [...]
Azarga Metals Corp. announces that it has made an application to relevant Canadian securities regulators to approve a temporary management cease trade order under National Policy 12-203 - Management Cease Trade Orders , which, if granted, will prohibit trading in securities of the Company by its Chief Executive Officer, Chief Financial Officer, and certain other insiders of the Company, until the Required Filings are [...]
Azarga Metals Corp. is pleased to announce that Junbord International , a BVI corporation, and Superb Standard Limited , a Hong Kong corporation, have executed subscription agreements to a non-brokered private placement of 36,666,667 common shares at an issue price of C$0.03 per Common Share for aggregate gross proceeds of C$1.1 million. On closing the Private Placement each of Junbord and Superb Standard, will become a [...]
Azarga Metals Corp. has elected to settle its option maintenance payment of $33,500 by the issue of 670,000 common shares at an issue price of $0.05 with Sabre Gold Mines Corp., pursuant to the terms of the Marg Project Option Agreement announced on January 8, 2024. The Shares issued are subject to an eighteen-month hold period, in accordance with the terms of the Marg Project Option Agreement. AZARGA METALS CORP. Gordon [...]
Azarga Metals Corp. is pleased to announce that it has reached terms with Sabre Gold Mines Corp. to restructure the terms of the Marg Project acquisition located in Central Yukon. Marg Project Agreement Sabre and Azarga Metals are parties to an asset purchase agreement made November 8, 2021, in respect of the Marg Project, on terms announced November 9, 2021. Sabre and Azarga Metals have agreed to amend the APA to an [...]
Azarga Metals Corp. reports that it has settled the final C$560,857 shareholder loan by the issuance of 3,739,049 common shares at a deemed price of $0.15. The Shares issued are subject to a four-month and one day hold period from the date of issuance. This completes the restructuring of the Company's balance sheet, as was previously announced . As a result, the Board of Directors believes that the Company will have [...]
Azarga Metals Corp. reports that as announced June 5, 2023 and June 27, 2023, the Company issued a total of 8,958,293 common shares of the Company in settlement of C$140,759.77 accounts payable and C$1,202,984.69 of shareholder loans. The settlement of the final C$560,857.36 shareholder loan to one individual is pending. The Debt Shares are valued at C$0.15 per Debt Share. The 8,958,293 Debt Shares issued are subject to a [...]
Azarga Metals Corp. is pleased to provide an update on the restructuring of its balance sheet announced on June 5, 2023. In addition to the settlement of the shareholder loans and certain related party debt, one additional creditor has agreed to settle all of its accrued fees in the amount of $80,759.77 in exchange for 538,398 common shares to fully extinguish the debt. This brings the total debt to $1,904,601.82 being [...]
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