Welcome to our dedicated page for Roxmore Resources news (Ticker: GARLF), a resource for investors and traders seeking the latest updates and insights on Roxmore Resources stock.
Roxmore Resources Inc. reports developments tied to its 100% owned Converse Gold Project on the Battle Mountain-Eureka Trend in Nevada. Company news centers on gold-project advancement, including preliminary economic assessment work, mineral resource updates, infill and extensional drilling, land-position changes, assay procedures and project-design considerations.
Roxmore updates also cover public-company matters such as shareholder meeting materials, audited financial statement review, director elections, auditor appointments, material agreements and capital-structure actions, including private placement financing used for project advancement and general corporate purposes.
Roxmore (OTCQX:GARLF) closed a non-brokered private placement for gross proceeds of C$32,640,000 by issuing 13,600,000 common shares at C$2.40 per share.
Proceeds will primarily fund an accelerated 18-month work program at the Converse Gold Project, including ~30,000 metres of drilling, re-assays to include silver, baseline studies, hydrogeology, geotechnical work and metallurgical testing. Advisory fees totaled C$974,000 and finder fees C$360,000. Shares are subject to a statutory hold period until July 3, 2026.
Roxmore (TSX:RM / OTCQX:GARLF) increased its non-brokered private placement to raise C$32,640,000 by issuing 13,600,000 common shares at C$2.40 per share. Proceeds will primarily fund acceleration of the Converse Gold Project and general corporate purposes.
The Upsized Offering is expected to close on or about February 27, 2026, subject to customary conditions and TSX conditional acceptance; securities carry a statutory four-month-and-one-day hold period.
Roxmore (OTCQX:GARLF) announced a C$30,000,000 non-brokered private placement of 12,500,000 common shares at C$2.40 per share to advance the Converse Gold Project.
Proceeds will accelerate a Pre‑feasibility Study including ~30,000m of drilling, re‑assays for silver, baseline studies, hydrogeology/geotech work, and further metallurgical testwork. Closing expected on or about February 27, 2026, subject to TSX conditional acceptance.
Roxmore Resources (OTCQX: GARLF) will voluntarily delist from the Canadian Securities Exchange at market close on February 4, 2026 and commence trading on the Toronto Stock Exchange (TSX) at market open on February 5, 2026 under ticker RM. Shareholders need not take action and shares will remain listed on OTCQX as GARLF. Management said the uplisting aims to improve visibility with institutional and retail investors while the Preliminary Economic Assessment (PEA) for the Converse Gold Project remains on track for completion in Q2 2026.
Roxmore Resources (OTCQX:GARLF) reported drill results from the Converse Gold Project, Nevada, including a 194.5m interval grading 0.71 g/t Au from 190.2m in hole CV25-007C, which contains 12.5m at 1.14 g/t Au from 208.5m and 24.1m at 1.77 g/t Au from 281m. CV25-007C twinned historic RC hole NK-087 and extended mineralization 89.6m below the historic end-of-hole. True thickness is estimated at ~150m. The highest assay returned 5.39 g/t Au. Results will feed an updated geological model and the Preliminary Economic Assessment due in Q2 2026, with more drill results expected in Q1 2026.
Roxmore Resources (OTCQX:GARLF) announced that its common shares began trading on the OTCQX Best Market in the United States on December 19, 2025.
U.S. investors can access current financial disclosure and real-time Level 2 quotes on www.otcmarkets.com. Roxmore will continue trading on the CSE and upgraded to OTCQX after meeting the market's standards for financial reporting, corporate governance, and securities-law compliance.
Roxmore Resources (CSE:RM) completed a court-approved plan of arrangement effective November 20, 2025, acquiring 100% of Taura Gold (TSXV:TORA) by issuing 4,596,694 Roxmore Shares in exchange for 22,983,472 Taura Shares (exchange ratio 0.2 Roxmore per Taura share).
Post-closing ownership is ~91.5% existing Roxmore and 8.5% former Taura shareholders (non-diluted). Roxmore completed a 10:1 share consolidation, changed its name, and began trading as RM on the CSE on November 20, 2025. Taura will be a wholly-owned subsidiary and Taura shares will be delisted from the TSXV effective close of trading on November 21, 2025.
Axcap (CSE:AXCP) and Taura (TSXV:TORA) announced Taura shareholder approval of a court‑approved plan of arrangement under which Axcap will acquire all Taura common shares. Taura shareholders approved the Arrangement by the required thresholds including at least 66⅔% of votes cast.
Axcap also set post‑market close November 19, 2025 as the effective date for a 1-for-10 share consolidation and a corporate name change to Roxmore Resources, with the new CSE symbol RM and trading to begin November 20, 2025. The Arrangement hearing is scheduled for Nov 19, 2025 with anticipated closing on Nov 20, 2025, subject to court and regulatory approvals.
Axcap Ventures (OTCID:GARLF) has successfully negotiated an extension for its milestone payment obligation with Waterton Nevada Splitter LLC. The payment, originally due on July 15, 2025, has been extended to September 30, 2025.
As consideration for this extension, Axcap has issued 1,550,000 common shares to Waterton. These shares are subject to a four-month-and-one-day hold period from their issuance date. The extension agreement modifies the original milestone payment rights agreement dated July 15, 2024, between Converse Acquisition Company, Limited and Waterton.
Axcap Ventures (OTCID:GARLF) has announced significant drill results from hole CV25-002C at its 100%-owned Converse Project in Nevada. The drilling revealed two key high-grade gold intersections: 18.01 metres grading 1.75 g/t gold within the Havallah Sequence, and 10.85 metres grading 1.18 g/t gold from the Antler Peak Formation.
The company made a crucial geological discovery by confirming the presence of the Antler Peak Formation beneath the Golconda Thrust, a major structural feature associated with several large Nevada gold systems. This validates Axcap's structural model targeting deeper intrusion-related mineralization and parallels the geology of regional tier-one deposits like Phoenix, Fortitude, and Marigold.
These results follow the previous CV25-001C intercept of 10.85 metres grading 5.45 g/t gold, demonstrating potential to enhance grade within the current resource of 330 Mt @ 0.525 g/t Au (M&I) and highlighting exploration upside at depth.