Price of AU heading higher - POG price of gold moves higher which is around the corner the troubles - of SGR and other struggling mines will be behind them. This highly respected firm believes gold is headed higher. One thing for certain is that the banksters will eventually lose control of their gold manipulation scam.
Today one of the prestigious firms that has been successfully forecasting markets for over 60 years just put out a MAJOR ALERT on the gold and silver space! This is an incredibly important report for anyone who is invested in or thinking about investing in physical gold and silver or the mining shares.
San Gold Corporation (TSX: SGR) ("San Gold" or the "Company") announces that it has received approval to list its common shares (the "Common Shares") and 8% subordinated unsecured convertible debentures (the " Debentures") on the TSX Venture Exchange (the "TSXV"), which is scheduled to occur concurrently with the delisting of its Common Shares from the Toronto Stock Exchange (the "TSX").
The Common Shares and Debentures will be delisted from the TSX at close of business on March 23, 2015 and will commence trading on the TSXV at market open on March 24, 2015.
The Company's trading symbol "SGR" and "SGR.DB", for its Common Shares and Debentures, respectively, will remain the same.
About San Gold
San Gold is an established Canadian gold producer, explorer, and developer that owns and operates the Rice Lake Mining Complex near Bissett, Manitoba. San Gold is listed on the Toronto Stock Exchange under the symbol "SGR".
Cautionary Note
No stock exchange, securities commission or other regulatory authority has approved -----such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
SOURCE San Gold Corporation
For further information: For further information on San Gold, please visit
San Gold Announces Short-Term Operational Changes -
Mar 23, 2015 WINNIPEG, March 23, 2015 /CNW/ -
San Gold Corporation (TSX: SGR) ("San Gold" or the "Company") announced today it has initiated a number of temporary operational changes at its Rice Lake mine.
The changes are being implemented to conserve cash and reduce the potential for additional short-term financing as the Company completes its Sales and Investor Solicitation Process (SISP).
Among these changes is a significant slowdown in development activities toward new ore zones.
The Company has already completed all development required for three main working areas that can be mined and milled prior to completion of the SISP.
As a result of continued weakness in gold prices and the lack of availability of new financing from capital markets, the Company has elected to suspend all additional development activities not directly associated with these three areas.
About San Gold
San Gold is an established Canadian gold producer, explorer, and developer that owns and operates the Rice Lake Mining Complex near Bissett, Manitoba. San Gold is listed on the Toronto Stock Exchange under the symbol "SGR".
Cautionary Note
No stock exchange, securities commission or other regulatory---- readers should not place undue reliance on forward-looking statements.
SOURCE San Gold Corporation
For further information: on San Gold, please visit
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