Vancouver, Canada-based gold explorer Sandspring Resources has rebranded
itself as Gold X Mining.
https://www.mining-journal.com/w-images/e0f2d67d-d0e5-4565-9c5f-e77bd7ddc406/3/SandspringResourcesToroparuprojectGuyana-1024x475.jpg
Sandspring morphs into Gold X
Sandspring Resources has rebranded as Gold X Mining as it works to develop the Toroparu gold project in Guyana
https://www.mining-journal.com/feasibility/news/1376805/sandspring-morphs-into-gold-x
Exploration / Development > Feasibility29
November 2019 CommentsShare
Staff Reporter
The junior is focused on developing the 7.4 million ounce Toroparu project in Guyana, and also owns the earlier-stage Chicharron project in Colombia.
As well as the name change the company is undertaking a share consolidation, reducing its shares on issue on an 8:1 basis to about 35.2 million.
The consolidated shares are expected to start trading on the TSXV under the ticker ‘GLDX' on December 2.
The company also announced a reorganisation of its board following the resignations of David Constable and Harry Pokrandt. The board currently comprises Richard Munson, Greg Barnes, Gordon Keep, Bassam Moubarak, Suresh Beharry, David Laing, Federico Restrepo-Solano and Lombardo Paredes-Arena.
Sandspring in June published a rescoped preliminary economic assessment for Toroparu, which reduced the initial capex compared to its 2013 pre-feasibility study. The re-scope includes the Sona Hill satellite deposit which provides a simpler start-up as all gold for the initial 10 years of production will be produced as doré, with flotation processing to be added as part of a year-11 expansion.
Sandspring currently has about 279 million shares outstanding, trading at C25.5c. The company has a market capitalisation of $71 million.
http://crweworld.com/article/news-provided-by-globenewswire/1333768/gran-colombia-gold-files-national-instrument-43-101-technical-report-for-its-marmato-project
Recent SSP News
- Finalists announced for 71st Scripps Howard Journalism Awards • PR Newswire (US) • 09/05/2024 04:00:00 PM
- Scripps promotes station leader to VP and general manager of WLEX in Lexington • PR Newswire (US) • 09/05/2024 03:30:00 PM
- Court TV unveils fall primetime lineup featuring new and returning original series • PR Newswire (US) • 09/04/2024 03:00:00 PM
- Double your impact: Scripps Howard Fund matches donations for 'If You Give a Child a Book …' campaign • PR Newswire (US) • 09/04/2024 11:00:00 AM
- Scripps wins three National Murrow Awards • PR Newswire (US) • 08/16/2024 03:06:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/14/2024 06:12:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/14/2024 06:10:21 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 08/14/2024 06:05:52 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 08/14/2024 06:02:49 PM
- Florida Panthers Partner with ViewLift to Launch DTC Streaming Service • PR Newswire (US) • 08/13/2024 01:42:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/12/2024 08:18:20 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2024 05:33:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/09/2024 12:19:54 PM
- Scripps reports Q2 2024 financial results • PR Newswire (US) • 08/08/2024 08:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2024 06:15:39 PM
- Scripps promotes Detroit station sales leader to VP and general manager of KTNV in Las Vegas • PR Newswire (US) • 08/01/2024 08:30:00 PM
- New season of hit series 'Johnson' Premieres Saturday, Aug. 3 on Bounce TV • PR Newswire (US) • 08/01/2024 06:45:00 PM
- North Island Credit Union Launches Book Drive To Promote Childhood Literacy in Local Title 1 Schools • PR Newswire (US) • 08/01/2024 03:15:00 PM
- Scripps' business not significantly affected by global IT outage • PR Newswire (US) • 07/19/2024 05:43:00 PM
- Scripps to report second-quarter 2024 operating results on Aug. 8 • PR Newswire (US) • 07/12/2024 01:30:00 PM
- KNXV-ABC15 honored with Sigma Delta Chi Award from Society of Professional Journalists • PR Newswire (US) • 07/11/2024 02:30:00 PM
- Court TV unveils extensive coverage of Alec Baldwin trial, to serve as pool feed provider from courtroom • PR Newswire (US) • 07/08/2024 03:17:00 PM
- Florida Panthers, Scripps Sports partner on multi-year agreement to air National Hockey League team's games • PR Newswire (US) • 07/02/2024 05:00:00 PM
- 'Mind Your Business' reaches more than 2 million HHs, becomes Bounce TV's most-watched original series premiere • PR Newswire (US) • 06/14/2024 03:04:00 PM
- WorkingNation Partners with Scripps News to Release "Breaking Barriers: Embracing Age in the Workforce" Special on June 21 • PR Newswire (US) • 06/13/2024 12:46:00 PM
FEATURED Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM