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Re: tredenwater2 post# 391

Thursday, 11/30/2023 10:12:41 PM

Thursday, November 30, 2023 10:12:41 PM

Post# of 399
Canadian Gold Corp.
Announces Final Closing of Private Placement
and Drilling Update at Tartan Gold Mine
Toronto, Ontario – November 30, 2023 –




Canadian Gold Corp. (TSXV: CGC (“Canadian Gold” or the “Company”) announces the completion of the final tranche closing of its private placement offering,
resulting in aggregate gross proceeds of $2,515,750 (see news releases dated November 6, and November 16, 2023).

Overall, a total of $1,699,296 was raised by the issuance of flow through shares (all tranches of flow through shares) at a price of $0.205 per flow through share,
and $816,454 was raised by the issuance of all units, at a price of $0.14 per unit. Each unit is comprised of one common share and one purchase warrant
entitling the holder to acquire one additional common share at a price of $0.215 per share for 18 months.

The final tranche closing, included in the above, resulted in the issuance of: (i) 536,585 flow through shares for gross proceeds of $110,000; and (ii) 350,000 units
at a price of $0.14 per unit, for gross proceeds of $49,000.


The proceeds from the issuance of flow through shares shall be used allowing investors to claim deductions for the Company’s Canadian Exploration
Expenditures (CEE), reducing an investor's Canadian taxes.

Officers, directors, and other insiders subscribed for an aggregate $643,657 of the gross proceeds, which resulted in related party considerations pursuant to
TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). Canadian
Gold Corp. relied on the exemptions contained in section 5.5(a) of MI 61-101 for an exemption from the formal valuation requirement and Section 5.7(a) of MI
61- 101 for an exemption from the minority approval requirement as the fair market value of the securities distributed under the offering, insofar as it involved
interested parties, did not exceed 25% of the Company’s market capitalization.


In connection with all closings for this placement, the Company paid an aggregate $108,824 in finders fees to eligible finders.

As announced on November 8, 2023, the Phase 2 drilling program is still ongoing, with two holes completed to date (950 metres in total), each of which
successfully intersected the Main Zone.

For Further Information, Please Contact:
Ed Huebert
President and Chief Executive Officer
Canadian Gold Corp.
ed@canadiangoldcorp.com
204-771-2180

About Canadian Gold Corp.
Canadian Gold Corp. is a Toronto-based mineral exploration and development company whose objective is to expand the high-grade gold resource at the past
producing Tartan Mine, located in Flin Flon, Manitoba.
The Company holds a 100% interest in greenfields exploration properties in Ontario and Quebec adjacent to some of Canada’s largest gold mines and
development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON) and Hammond Reef Project (ON).
The Company is 36.6% owned by Robert McEwen, who was the founder and CEO of Goldcorp and is Chairman and CEO of McEwen Mining.


CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release of Company contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Canadian Gold’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.



Central Banks On Course For "Colossal" Year Of Gold Buying
Tyler Durden's Photo
BY TYLER DURDEN
FRIDAY, NOV 03, 2023 - 04:20 AM
Via SchiffGold.com,

After setting a record through the first half of the year, central banks continued to gobble up gold in the third quarter.




https://www.zerohedge.com/commodities/central-banks-course-colossal-year-gold-buying

Gold Breaks Out of Inside Day: Bullish Momentum Building
By: Bruce Powers | November 3, 2023

• Amid strong upward movement, gold targets a breakout above the trend high, setting the stage for a possible new record monthly close in November.

Gold broke out of yesterday’s inside day today on a rise above 1,991.
It subsequently reached a three-day high of 2,004.
A daily close above 1,991 will confirm the inside day breakout and a close above the three-day high of 1,984 shows further strength.
Further, for the short term, a daily close above the middle of today’s range around 1,994 will show greater strength than a close below that level.





Canadian Gold Corp. Announces Exploration and Financing Update
October 31, 2023



Toronto, Ontario – October 31, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce the completion of its regional field exploration program, and that planning for a November, 2023 phase 2 drill program at the 100%-owned Tartan Mine, situated in the prolific Flin Flon-Snow Lake Greenstone Belt, Manitoba, is currently underway.

https://canadiangoldcorp.com/news-2023/

Canadian Gold Corp. Announces Non-Brokered $2.25 Million Financing, Lead order from Rob McEwen the Company’s Largest Shareholder
October 18, 2023
Toronto, Ontario – October 18, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) announces that it has initiated a non-brokered private placement offering of up to $2,225,000, by the issuance of both flow-through common shares and non-flow through Units. Rob McEwen, the Company’s largest shareholder (37.6% of the outstanding common shares) has committed to purchase $500,000 of the Units.


Edward Huebert Appointed President and CEO
October 18, 2023

Toronto, Ontario – October 18, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce, with the endorsement of Rob McEwen (the Company’s largest shareholder – 37.6% of the outstanding common shares), the appointment of Edward (Ed) Huebert, as President, Chief Executive Officer, and director. Ed will be replacing Ian Ball, who was serving as Interim President and CEO.

Phase 1 Exploration & Development Update at Tartan Mine
September 27, 2023

Toronto, Ontario – September 27, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce additional drill results from its Phase 1 Exploration Program at the Tartan Mine, located near Flin Flon, Manitoba, which builds on the earlier drill holes that are targeting resource growth at depth (click here August 23, 2023 news release). The results to date indicate the potential for a larger discovery below the current resource estimate, which remains open for meaningful expansion. The Company is also providing an update on its regional field work at the Tartan Mine, where high-grade gold samples have been identified approximately 1.4 kilometres (km) from the mine, with the goal of discovering a third zone close to the existing infrastructure, and an update on its engineering review, specifically around the process plant design and potential mine reopening.


Phase 1 Exploration at Tartan Mine Significantly Expands High-Grade Mineralization Below Resource Limit Indicating Potential for Larger Discovery at Depth
August 23, 2023
Toronto, Ontario – August 23, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce initial results from its Phase 1 Exploration Program at the Tartan Mine, located near Flin Flon, Manitoba, including its first test at depth. Drilling has intersected one of the best holes in the mine’s history, 325 metres below the lower limit of the current resource estimate, increasing the vertical extent of the high-grade mineralization by 61% compared to the resource (Fig. 1). Hole TLMZ23-26 returned 12.0 gpt gold over 8.0 metres, inside the widest interval ever at the Tartan Mine, 4.2 gpt gold over 53.7 metres, and has outlined the potential for a larger discovery at depth. The drill highlights for the first three holes can be seen in Table 1.

Robert McEwen Appoints Jim Downey to Board of Directors Long Serving Member of Provincial Legislature
August 1, 2023
Toronto, Ontario – August 1, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) announces that Robert McEwen, the Company’s largest shareholder (owning 37.6% of the outstanding common shares), has exercised his option and appointed Jim Downey as his second board nominee. Mr. Downey’s appointment will help strengthen the Company’s connection with Manitoba as it advances the Tartan Mine, near Flin Flon.

Update to Shareholders on Tartan Mine Tax Incentives
July 25, 2023
Toronto, Ontario – July 25, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce that Manitoba Finance has confirmed that the Company’s Tartan Mine, located near Flin Flon, would be considered a “Major Expansion” and eligible for a tax holiday should the mine re-enter production. Under the Mining Tax Act, companies need to meet certain requirements to receive the tax holiday. Based on the Company’s review and meetings with Manitoba Finance, the Tartan Mine should meet all requirements.

Tartan Mine: Looking To Improve Financial Returns & Sustainability
June 5, 2023
Toronto, Ontario – June 5, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to outline several initiatives the Company is undertaking at the Tartan Mine (Flin Flon, Manitoba) to improve potential future returns, while focused on sustainability. In addition to the items outlined in this news release, the most important driver for the Company will be the discovery of additional high-grade gold resources.

Phase 1 Exploration Program to Begin at Tartan Mine Main Objective: Extend High-Grade Gold at Depth Property Wide Exploration Potential Outlined
May 12, 2023
Toronto, Ontario – May 12, 2023 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce that its Phase 1 exploration program at the 100%-owned Tartan Mine near Flin Flon, Manitoba will begin on June 1, 2023. The Company is using this opportunity to highlight for shareholders the discovery potential on the property, specifically at the mine, and at its recently acquired projects adjacent to Agnico Eagle’s Hammond Reef Gold Deposit (Ontario) and Barrick’s Hemlo Gold Mine (Ontario). The Company plans to update shareholders in the coming weeks on its various initiatives designed to improve the economics of the Tartan Mine and its future advancement.

Satori Resources Name Change to Canadian Gold Corp. New Ticker Symbol “CGC” ON TSX Venture Exchange
May 4, 2023
Toronto, Ontario – May 4, 2023 – Canadian Gold Corp. (the “Company”) (BUD – TSX-V) (formerly Satori Resources Inc.) is pleased to announce that its corporate name change has been completed and trading of the Company’s common shares on the TSX-V will commence under the ticker symbol “CGC”, as of tomorrow, Friday, May 5, 2023.

Ian Ball Appointed Interim President & CEO Satori Resources
April 27, 2023
Toronto, Ontario – April 27, 2023 – Satori Resources Inc. (“Satori” or the “Company”) (BUD – TSX-V) is pleased to announce Ian Ball has been appointed interim President and CEO effective today. Ian will replace Jennifer Boyle, who is continuing with the Company as Executive Vice-President and Director.

Satori Closes Acquisition of Rob McEwen’s Apollo Exploration Resulting in Rob McEwen Holding 37.6% of the Company
April 25, 2023
Toronto, Ontario – April 25, 2023 – Satori Resources Inc. (“Satori” or the “Company”) (BUD – TSX-V) is pleased to announce that it has completed the acquisition of Rob McEwen’s 100% owned private exploration company, Apollo Exploration Inc. (“Apollo”). Rob McEwen is now the Company’s largest shareholder representing 37.6% of the Company. Satori has approximately $2,000,000 in cash, no debt, and in addition to the Tartan Lake Mine, now owns exploration properties in Ontario and Quebec surrounding some of Canada’s largest gold mines and development projects (see news releases dated February 4, 2023 and March 31, 2023).

Satori Shareholders Approve Acquisition of Rob McEwen’s Apollo Exploration, Resulting in Rob McEwen holding a 37.6% of the Company – New Company proposed to be Named Canadian Gold Corp.
March 31, 2023
Toronto, Ontario – March 31, 2023 – Satori Resources Inc. (“Satori” or the “Company”) (BUD – TSX-V) is pleased to announce that shareholders have approved the acquisition of Rob McEwen’s 100% owned private exploration company, Apollo Exploration Inc. (“Apollo”). Apollo has been acquiring key exploration projects around Canada’s largest gold mines and development projects, including the Canadian Malartic Mine (Agnico Eagle), the Hemlo Mine (Barrick Gold) and the Hammond Reef Project (Agnico Eagle). At closing, the combined company will have approximately CDN$2.2 million and no debt.

Rob McEwen to Acquire 37.6% of Satori Resources
February 6, 2023
Toronto, Ontario – February 6, 2023 – Satori Resources Inc. (TSXV:BUD) (“Satori” or the “Company”) is pleased to announce that the founder and former Goldcorp Inc. Chairman and CEO, Rob McEwen, will become Satori’s largest shareholder owning 37.6% of the Company with the objective of expanding the high-grade gold zones at the past producing Tartan Lake Gold Mine in Flin Flon, Manitoba. Satori is proposing to acquire Rob McEwen’s 100% owned private exploration company, Apollo Exploration Inc. (“Apollo”), that has been acquiring key exploration projects around Canada’s largest gold mines and development projects, including Canadian Malartic Mine (Agnico Eagle), the Hemlo Mine (Barrick Gold) and the Hammond Reef Project (Agnico Eagle) (Fig. 1, 2 & 3). Upon closing, Apollo will also have approx. CDN$1.5 million in cash and no debt.

$GOLD PRICES HIT ALL TIME HIGH IN AUSTRALIA, JAPAN, CHINA, TAIWAN | CNBC TV18
WATCH




https://www.bitchute.com/video/ePabMYIGyaoh/

$GOLD HUGE! This Is the BIGGEST $Gold News in 50 Years, It's Time to Go All-In - Andy Schectman
Finance Log
15.8K subscribers




https://www.youtube.com/watch?v=FufotnaO3kQ

$GOLD BULL CATALYST: Situation Is Dire As Worries Mount Over United States
Worries are increasing regarding the United States and this is definitely going to be a positive catalyst
for the gold bull market.


Is it Finally Happening! Is This What's Happening -
With $Gold Prices -




$Gold Legal Tender GOD'S Real Money -
$GOD We Trust - Real Money - AU Safety 6000yrs




$Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -[
Prayers TIA.


http://www.biblebelievers.org.au/monie.htm

https://www.usdebtclock.org/

God Bless
Amen
Bullish
Bullish


My opinions are my own and and DD I post should be confirmed as unbiased