Welcome to our dedicated page for Advanced Gold news (Ticker: AUHIF), a resource for investors and traders seeking the latest updates and insights on Advanced Gold stock.
Advanced Gold Exploration Inc. (AUHIF) generates a steady flow of news as it advances a portfolio of gold, copper and base metal exploration projects in Ontario, Canada. Company releases cover exploration programs, property transactions, corporate developments and financing activities tied to its strategy of acquiring and advancing past-producing or historically explored assets.
Investors following AUHIF news can read detailed updates on the Buck Lake Property in the Batchewana Greenstone Belt, where Advanced Gold reports multiple areas of copper and zinc mineralization and VMS-type sulphide horizons. News items describe channel sampling, diamond drilling campaigns, geological interpretations and comments from Qualified Persons under NI 43-101, providing context on the exploration potential of the property.
The company also issues news on the Doyle Property, described as a Hemlo "look alike" in the Batchewana Volcanic Belt. Releases have highlighted the discovery of visible gold on surface, assay results from prospecting samples, interpretations of LiDAR data, and the identification of structural features that may control gold mineralization. These updates offer insight into how Advanced Gold is refining targets on this orogenic gold project.
Beyond field work, Advanced Gold’s news feed includes information on transactions such as the sale of its interest in the Melba Property to Heritage Mining Ltd., early warning reports from significant shareholders, private placements of equity and convertible debentures, stock option grants, and a proposed share consolidation. Readers can use this page to track how the company finances its activities, adjusts its capital structure, and manages its project portfolio over time.
For anyone researching AUHIF, the news page brings together exploration results, corporate changes and capital markets updates in one place, making it easier to review the company’s disclosed activities and strategic direction.
Advanced Gold (OTC: AUHIF) announced an upsizing of its previously announced non-brokered private placement to 3,500,000 units at $0.15 per unit for aggregate gross proceeds of up to $525,000. Each unit comprises one common share and one half of a transferable warrant; each full warrant allows purchase of one common share at $0.20 for two years from issuance. Securities will be subject to a statutory hold period of four months plus one day. Proceeds are for general corporate and working capital purposes. Closing is conditional on required regulatory approvals, including the Canadian Securities Exchange.
Advanced Gold Exploration (OTC Pink: AUHIF) provided a Buck Lake, Ontario drilling update on December 24, 2025. Three holes were drilled before a winter break: BL-25-01 to 232 m (VMS from 93.80–110.50 m), BL-25-02 to 117 m (VMS 36.10–42.00 m) and BL-25-03 to 113 m (VMS 33.40–43.90 m). A total of 163 core samples (187.78 m) from the three holes are scheduled for lab analysis under QA/QC protocols. Lithology observed includes fine-grained sediments, felsic/mafic flows, tuffs and minor intrusives with pyrite/pyrrhotite and chalcopyrite in cherty iron formation units. A VTEM airborne survey is planned for early 2026 to test a 3,000 m EM anomaly not fully explored.
Assay results will be released when received; a qualified person reviewed the technical information but noted limited verification of historical data.
Advanced Gold Exploration (OTC Pink: AUHIF) announced on December 17, 2025 a grant of 500,000 incentive stock options to certain directors, officers, and consultants. The Options are exercisable at $0.15 per share and expire two years from the date of grant. The awards are subject to final acceptance by the Canadian Securities Exchange and other required regulatory approvals.
Advanced Gold Exploration (CSE: AUEX) announced an immediate management reshuffle and a planned non-brokered private placement on November 6, 2025.
Management: Arndt Roehlig appointed President and CEO effective immediately; James Atkinson resigned as President and CEO and was named Chairman; Radovan Danilovksy resigned as director effective November 1, 2025.
Financing: The company intends to issue up to 5,000,000 Units at $0.05 per Unit for gross proceeds up to $250,000. Each Unit = one common share + one-half warrant; each whole warrant exercisable at $0.065 for 2 years. Securities subject to a four-month-plus-one-day hold.
Advanced Gold Exploration announced a 1-for-10 share consolidation effective following Canadian Securities Exchange approval, reducing outstanding common shares from 79,990,169 to approximately 7,999,016. The company obtained a new CUSIP 00792D202 and ISIN CA00792D2023. There is no name or stock symbol change. Stock options will be proportionately adjusted per their terms. Fractional post-consolidation shares will be rounded down to whole shares. Registered shareholders with physical certificates must return them with a letter of transmittal to Computershare. The company also appointed David McDonald as CFO effective October 20, 2025, and accepted the resignation of former CFO Radovan Danilovsky effective the same date.
Advanced Gold Exploration (CSE: AUEX) has entered into an asset purchase agreement with Heritage Mining Ltd. to sell its 75% interest in the Melba property. The total consideration includes CAD$50,000 in cash payments over 12 months and CAD$350,000 worth of Heritage Mining shares to be issued in four equal tranches.
The transaction remains subject to due diligence and regulatory approvals. CEO Jim Atkinson expressed confidence in Heritage Mining's capabilities to advance the project, highlighting the strategic benefits of becoming a large shareholder in Heritage Mining, which holds significant land assets in Northwestern Ontario.
Advanced Gold Exploration has announced a significant discovery of visible gold during surface prospecting at their Doyle Property in the Batchawana Greenstone Belt. Recent samples from the area yielded impressive assays of 13.2 g/t and 9.82 g/t gold. This surface discovery appears connected to a historical 1994 drill hole that returned 49.8 g/t gold at 80 meters depth. The gold mineralization is associated with intense quartz veining and silicification, and appears linked to a northeasterly trending linear feature identified through LiDAR survey. This marks the first reported instance of visible gold on the property's surface, potentially opening new exploration opportunities beyond the traditional NNW trending structures.
Advanced Gold Exploration Inc (CSE: AUEX) has completed a debt settlement announced on October 2, 2024. The company has settled an aggregate debt of $144,950 owed to an arm's length creditor by issuing 2,899,000 common shares at a price of $0.05 per share. This debt-for-equity swap is part of the company's efforts to improve its financial position. The newly issued common shares are subject to a four-month hold period, as per standard regulatory requirements. This move demonstrates Advanced Gold Exploration's strategy to manage its liabilities and strengthen its balance sheet without impacting its cash reserves.
Advanced Gold Exploration Inc. (CSE: AUEX) has announced a non-brokered private placement of 100 unsecured convertible debentures at $1,000 each, aiming to raise $100,000 for general working capital. The debentures will mature in three years with a 3% annual interest rate, payable in cash or shares. Holders can convert the principal into units at $0.10 per unit, each comprising one common share and one warrant. Warrants allow purchasing one common share at $0.15 within three years.
The securities are subject to a four-month hold period. The offering awaits final approval from the Canadian Securities Exchange. Additionally, the company announced changes in management: Radovan Danilovsky resigned as Corporate Secretary but remains a director and CFO, while Carly Burk, an experienced corporate and securities lawyer, has been appointed as the new Corporate Secretary.
John Ross Quigley has filed an early warning report regarding historical transactions of Advanced Gold Exploration Inc. (AUHIF) securities between December 2023 and September 2024. As of October 3, 2024, Quigley owns or controls 16,738,777 common shares, representing 22.14% of the company's outstanding shares. The report details three significant transactions:
1. December 22, 2023: Company option exercise diluted Quigley's ownership from 12.29% to 9.54%.
2. April 5, 2024: Quigley acquired 3,333,333 shares and warrants, increasing ownership to 13.63% (17.89% diluted).
3. September 3, 2024: Quigley acquired 8,000,000 shares and 4,600,000 warrants, increasing ownership to 22.14% (29.53% diluted).
Quigley may increase or decrease holdings based on market conditions and future circumstances.
FAQ
What is the current stock price of Advanced Gold (AUHIF)?
What is the market cap of Advanced Gold (AUHIF)?
