African Gold Group Appoints Douglas Jendry to the Board of Directors
African Gold Group, Inc. is pleased to announce the appointment of Douglas Jendry to the Board of Directors of the Company. Mr. Jendry is an accomplished executive with over 30 years of international experience in mining and capital markets. Mr. Jendry has been involved as an executive and non-executive director for several mining companies with particular focus on companies listed in Australia and London. He has …
African Gold Group, Inc. (TSX-V: AGG) (“ AGG ” or the “ Company ”) is pleased to announce the appointment of Douglas Jendry to the Board of Directors (the “Board”) of the Company.
NA Proactive news snapshot: Falcon Gold, Water Tower Research, African Gold, Levitee Labs, Gevo UPDATE .
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Falcon Gold Corp (TSX-V:FG, OTC:FGLDF) has applied to the TSX Venture Exchange for the approval of a warrant exercise incentive program. The proposed program would work in conjunction with a private placement completed in July that offered 5,750,000 units priced at $0.08 each. In addition to one common share, each unit contained one share purchase warrant valid for three years and priced at $0.12. As such, Falcon Gold has 5,750,000 placement warrants priced at $0.12 each and expiring July 13, 2023.
Mongolia approves Gurvantes CBM project PSA
Jul 13, 2021 2:15:am
Summary
by: Shardul Sharma
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Mongolia approves Gurvantes CBM project PSA
The Mongolian cabinet has approved the production sharing agreement (PSA) with Telmen Resource regarding the Gurvantes XXXV coalbed methane (CBM) project, Australia’s Talon Energy, a partner in the project, said on July 12.
The Mineral Resources and Petroleum Authority of Mongolia has been instructed by the ministry of mining and heavy industry to formally execute and issue the PSA, and this is expected to occur in the coming weeks, the company said.
Talon said that the receipt of cabinet approval had been delayed by the ongoing COVID-19 situation in Mongolia. As a result of these delays, and as consideration for Telmen agreeing to extend the exclusivity period relating to the farm-in, the Australian explorer will issue Telmen options to acquire its shares upon the formal issuance of the PSA.
Talon Energy’s (ASX:TPD) Gurvantes XXXV PSA gets green light
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Mongolian Government approves Talon Energy s (TPD) Gurvantes XXXV coal bed methane production sharing agreement with Telmen Resource JSC
Gurvantes is situated less than 20 kilometres from the Chinese-Mongolian border, close to the Northern China gas transmission and distribution network
The go-ahead follows initial delays caused by COVID-19
TPD has since agreed to issue Telmen 100 million options to acquire Talon shares at an exercise price of 0.1 cent each, upon formal issue of the PSA
An initial work program is expected to begin shortly, subject to PSA issue