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Core Gold (CVE:CGLD) Shares Down 3%

Core Gold Inc (CVE:CGLD – Get Rating) shares were down 3% during mid-day trading on Wednesday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 44,699 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 394,493 shares. The stock had previously closed at […] ....

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Titan sells Zaruma mine to focus on Dynasty gold project


Titan sells Zaruma mine to focus on Dynasty gold project
Mining
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Titan Minerals has sold the Zaruma mine and Portovelo process plant in Ecuador to Pelorus Minerals for a tidy US$15 million plus a 2% net smelter return royalty on future copper production.
The sale will allow Titan to resolve the balance sheet issues it inherited after it acquired Core Gold Inc. in 2020.
Titan Minerals (ASX:TTM) also walks away with a strong cash position with an initial US$3.5 million payment due now and another US$2 million due on the 31
st of August.
st of December, plus a further US$2.5 million on the 1 ....

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Cairo Resources Inc. Announces Letter Agreement for Qualifying Transaction with Bangles Gold Pty. Ltd.


Cairo Resources Inc. Announces Letter Agreement for Qualifying Transaction with Bangles Gold Pty. Ltd.
Cairo Resources Inc. (TSXV: QAI.H) (
Cairo ), a capital pool company listed on the TSX Venture Exchange (the
Exchange ), is pleased to announce that it has entered into a binding letter agreement (the
Letter Agreement ) dated January 26, 2021 with Bangles Gold Pty Ltd. (
Bangles ) in respect of a proposed business combination (the
Proposed Transaction ). It is anticipated that the Proposed Transaction will constitute the Qualifying Transaction of Cairo in accordance with Policy 2.4 -
Capital Pool Companies of the Exchange.
About Bangles
Bangles is a private company existing under the laws of Australia and is based in Floreat, Western Australia, and, immediately prior to closing of the Proposed Transaction, will have 1,500,000 common shares (the ....

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