| Cangold Announces Issuance of Bonus Shares | |
| | |
|
VANCOUVER, BC--(Marketwired - April 14, 2015) - CANGOLD LIMITED (TSX VENTURE: CLD) (the "Company") announces that the TSX Venture Exchange has approved the issuance of 1,060,000 bonus common shares of the Company (the "Bonus Shares"), at a deemed price of $0.05 per Bonus Share, to Great Panther Silver Limited ("Great Panther") under the terms of a loan agreement dated February 25, 2015 among the Company, its Mexican subsidiary and Great Panther (the "Loan Agreement") previously announced on February 26, 2015. The number of Bonus Shares represents 20% of two further credit advances in the aggregate of $265,000 made by Great Panther to the Company on March 31, 2015 ($205,000) and on April 7, 2015 ($60,000) under the terms of the Loan Agreement (the "Advance") divided by the Market Price (as such term is defined in the TSX Venture Exchange policies) of the Company's shares as of the close of business prior to the announcement of the Loan Agreement. The Bonus Shares are subject to a hold period under applicable securities laws of four months and one day from the date of issuance. A copy of the Loan Agreement is available under the Company's profile on SEDAR at www.sedar.com. Cangold Limited is a junior exploration company engaged in the exploration and development of gold projects in Mexico and Canada. The Company's primary focus is advancing the Guadalupe de los Reyes Gold-Silver Project in Sinaloa, Mexico towards the pre-feasibility stage. The Company also owns a 100% interest in the past-producing Argosy Gold Mine in northwestern Ontario and the prospective Plomo Gold Project in Sonora State, Mexico. ON BEHALF OF THE BOARD "Kaare Foy" Kaare Foy Executive Chairman of Cangold Limited Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
|
|
|
VanEck Vectors Global Alternative Energy ETF
|
|
PRODUCTEUR |
CODE : CLD.V |
ISIN : CA1375881093 |
CUSIP : 137588109 |
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Cangold est une société d’exploration minière d'or basée au Canada. Cangold détient divers projets d'exploration au Canada et au Mexique. Son principal projet en production est CASUMMIT-ARGOSY au Canada et ses principaux projets en exploration sont ARGOSY et CASUMMIT LAKE au Canada et LOS VENADOS et PLOMO au Mexique. Cangold est cotée au Canada. Sa capitalisation boursière aujourd'hui est 1,4 millions (1,1 millions US$, 1,0 millions €). La valeur de son action a atteint son plus bas niveau récent le 24 décembre 2008 à 0,01 , et son plus haut niveau récent le 17 décembre 2010 à 0,75 . Cangold possède 47 442 200 actions en circulation. |