DFR Gold Inc. is pleased to announce, with its joint venture partner Panthera Resources plc , the commencement of a drilling programme on the Kalaka Gold Project in Mali . Kalaka is a large gold system where multiple intersections exceeding 150 metres at greater than 0.5 g/t have been identified by previous diamond and RC drilling. The Drilling Programme will include: Approximately 1,500 metres of RC drilling to [...]
DFR Gold Inc. is pleased to announce that the Company's shareholders have voted in favor of all resolutions proposed by management at the Annual General Meeting of shareholders held on June 22, 2023. DFR Gold Inc. John McGloin, CEO and President Contact: enquire@dfrgold.com About DFR Gold Inc. DFR Gold is a TSX Venture Exchange listed exploration and mine development company focused on gold in West Africa and holds [...]
DFR Gold Inc. is pleased to announce that copies of the Notice of Annual General Meeting , including the Information Circular and proxy forms have been posted to shareholders. Copies have also been posted on the Company's website: https://dfrgold.com/investors/. The Annual Meeting of the Company will be held at 6th Floor, 100 Liverpool Street, London EC2M 2AT, United Kingdom on Thursday 22 June at 4:00pm London time and [...]
DFR Gold Inc. is pleased to announce the completion of the first phase of a 10,000 metre drilling program on the Cascades Project in Burkina Faso, West Africa as announced on 13 February 2023. The completion of 5,641 metres of reverse circulation drilling represents the latest part of a longer-term programme to systematically test exploration targets within the mineralised shear corridor at the Cascades Project [...]
DFR Gold Inc. is pleased to announce a private placement of unsecured convertible debentures of the Company for total gross proceeds in an aggregate amount of US$1,705,750. The Debentures were issued to certain insiders and management of the Company . Debenture Offering The Debentures will mature on 29 February 2024 , unless converted earlier in accordance with their terms. The Debentures bear interest at a rate of 12.5 [...]
VANCOUVER, BC, Feb. 13, 2023 /CNW/ - DFR Gold Inc. is pleased to announce the start of a 10,000 metre drilling program on the Cascades Project in Burkina Faso, West Africa. The Drilling Program represents the first part of a longer-term plan to systematically test exploration targets that have now been identified within the mineralised corridor at the Cascades Project. The Drilling Programme will be in two phases. The [...]
DFR Gold announced today that it closed its previously announced transaction with Jean Boulle Diamond Mines Ltd., whereby JBDM agreed to purchase the Company's Namibian diamond assets pursuant to the terms of a diamond business sale agreement, which was signed on Nov 28, 2022. The Transaction received shareholder approval by written consent whereby disinterested shareholders holding approximately 70% of the Company's [...]
Further to the announcement by Diamond Fields Resources Inc. , on January 24, 2023, of the intention to change its name to 'DFR Gold Inc.', the Company is pleased to announce that the TSX Venture Exchange has approved the proposed name change to DFR Gold Inc. and all associated applicable regulatory filings have now been completed. The name change to DFR Gold Inc. on the Exchange will be effective on January 30, 2023, and [...]
Diamond Fields Resources announces that it intends to change its name to "DFR Gold inc." The proposed name change is subject to approval from the TSXV, and the completion of all applicable regulatory filings. Assuming the satisfaction of these requirements, the Company intends to issue a subsequent news release confirming the name change, which is expected to become effective on or around January 30, 2023. DFR Gold Inc [...]
Diamond Fields Resources Inc. announces that it has granted new stock options to eligible participants for the purchase of up to 900,000 common shares at an exercise price of C$0.20 per share, effective as at Dec 6, 2022. The New Options will expire on the fourth anniversary of the Grant Date, with 100% of the New Options vesting on the first anniversary of the Grant Date. The exercise price of the New Options is the same [...]
Diamond Fields Resources announces that it has agreed to sell its Namibian diamond assets to Jean Boulle Diamond Mines Ltd. pursuant to a diamond business sale agreement dated Nov 28, 2022. As consideration for the sale of the Namibian Concessions, DFR is entitled to receive initial cash consideration in the amount of US$150,000, annual cash payments in the amount of US$100,000, and a 1% royalty of net sales from the [...]
Diamond Fields Resources Inc. announces that it has increased the number of Stock Options issuable by the Company under the Fixed Stock Option plan to 17,800,000 Stock Options, being less than 10% of the Company's issued and outstanding common shares as at the date of this release. The increase was approved at the Company's shareholders' meeting on June 9, 2022 and is subject to approval by the TSX Venture Exchange. In [...]