Gold79 Mines Ltd.: Gold79 Issues Shares for Jefferson Canyon Anniversary Payment
Ottawa, Ontario (Newsfile Corp. - May 28, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ( Gold79 or the Company ) announces that it intends to issue 351,337 common shares of the Company at a deemed value of CDN$0.086 per common share in connection with the US$25,000 second anniversary payment due under the terms of the Jefferson Canyon, Nevada property option agreement (the Agreement ). The deemed value is determined by the 20-day volume-weighted average price preceding this announcement. The common shares issued will have a statutory hold period of four months and one day from the date of issuance. This shares for debt transaction remains subject to TSX Venture Exchange approval.
Gold79 Secures an Agreement for the Banner Group Patented Claims and Provides Corporate Update
Gold79 Mines Ltd. is pleased to announce that it has completed a Definitive Lease and Option to Purchase Agreement for the Banner Group patented claims that further expands the Company’s Gold Chain project in western Arizona. Gold79 has also made its required share payments with respect to the Purchase and Sale Agreement for the Tip Top Gold-Silver Project in Nevada.Mr. Derek Macpherson, President & CEO, stated, …
Gold79 Mines Ltd. (TSXV: AUU) (“Gold79” or the “Company”) is pleased to announce that it has completed a Definitive Lease and Option to Purchase Agreement for the Banner Group patented claims (see March 17, 2021 press release) that further expands the Company’s Gold Chain project in western Arizona. Gold79 has also made its required share payments with respect to the Purchase and Sale Agreement for the Tip Top Gold-Silver Project in Nevada.
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Ottawa, Ontario (Newsfile Corp. - May 14, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ( Gold79 or the Company ) is pleased to announce that it has completed a Definitive Lease and Option to Purchase Agreement for the Banner Group patented claims (see March 17, 2021 press release) that further expands the Company s Gold Chain project in western Arizona. Gold79 has also made its required share payments with respect to the Purchase and Sale Agreement for the Tip Top Gold-Silver Project in Nevada.
Mr. Derek Macpherson, President & CEO, stated, Mapping and sampling to date have revealed that the Banner claims occupy an important part of the recently identified zone of gold mineralization hosted by rhyolite dikes. The Banner mine, developed in 1916, followed this mineralization up to 100 meters below the surface along the dike s contact. Additionally, we view these 93 acres as strategic to the Company as they help de-risk a future development scenario and provide immediately accessibl
Gold79 Announces Derek Macpherson as President and CEO and Provides Corporate Update
Gold79 Mines Ltd. is pleased to announce that Mr. Derek Macpherson has joined the Company as a full time President and Chief Executive Officer, effective May 1, 2021. With Mr. Macpherson’s appointment, Mr. Gary Thompson will assume the role of Executive Chairman, stepping down as CEO.Mr. Gary Thompson, Executive Chairman stated, “I am pleased to welcome Derek to this lead role on the Gold79 management team and was …
Gold79 Mines Ltd. (TSXV: AUU) (“Gold79” or the “Company”) is pleased to announce that Mr. Derek Macpherson has joined the Company as a full time President and Chief Executive Officer, effective May 1, 2021. With Mr. Macpherson’s appointment, Mr. Gary Thompson will assume the role of Executive Chairman, stepping down as CEO.
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Ottawa, Ontario–(Newsfile Corp. – May 3, 2021) – Gold79 Mines Ltd. (TSXV: AUU) (“Gold79” or the “Company”) is pleased to announce that Mr. Derek Macpherson has joined the Company as a full time President and Chief Executive Officer, effective May 1, 2021. With Mr. Macpherson’s appointment, Mr. Gary Thompson will assume the role of Executive Chairman, stepping down as CEO.
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Mr. Gary Thompson, Executive Chairman stated,
“I am pleased to welcome Derek to this lead role on the Gold79 management team and was pleased to see his meaningful participation in our most recent private placement which places him as a significant shareholder of the Company at 3.1% of the basic shares outstanding and 6.2% on a partially-diluted basis. I look forward to working with Derek as we continue to advance Gold79’s exciting gold projects.”