Gold Finder Resources Ltd Stock Price, News & Analysis

Gold Finder Resources (GLDFF) has initiated fieldwork at its wholly-owned Pipestone Bay property in Ontario's Red Lake Gold District. The property features two main areas of interest: the 991 Zone and Pipestone West Area. The 991 Zone shows high-grade gold mineralization up to 44.9 g/t Au in N-S quartz veins and low-grade gold with copper association in altered felsic volcanics. The Pipestone West Area contains gold mineralization up to 730 ppb in banded iron formation and copper grades up to 3.25% in altered mafic volcanics. The 2025 fieldwork will focus on prospecting and mapping the Pipestone West Area, particularly examining geological contact zones and folded iron formation. The property exhibits characteristics common to Red Lake Greenstone Belt gold deposits, including specific alterations, visible gold in quartz veins, and structural features.

Gold Finder Resources Ltd. (TSXV: GLD) (OTCQB: GLDFF) has successfully uplisted its common shares to the OTCQB® Venture Market in the United States, effective May 28, 2025. The company will maintain its "GLD" symbol on the TSX Venture Exchange while trading under "GLDFF" on the OTCQB.

The OTCQB Venture Market is recognized as a premier platform for early-stage and developing companies. To qualify for this uplisting, companies must maintain current reporting status and complete annual verification and management certification processes. This move demonstrates Gold Finder's dedication to transparency, enhanced liquidity, and maintaining high financial reporting standards.

Gold Finder Resources (GLDFF) provided an update on its gold exploration portfolio in northwestern Ontario. The company has received FINRA approval and now trades in the US under symbol GLDFF. Their portfolio includes five key properties: West Madsen (100% owned, 5,936 hectares), adjacent to the soon-to-restart Madsen mine; Pipestone Bay (100% owned, 1,015 hectares) with the drill-ready 991 Zone; Pakwash North (40% owned, 3,105 hectares), near Kinross Gold's planned drilling program; McDonough (100% owned, 1,054 hectares); and Slate Falls (100% owned, 5,100 hectares), which has shown historical high-grade samples up to 331.8 g/t gold and 3,025 g/t silver. The company believes a new bull cycle for precious metals is underway.

Golden Leaf Holdings Ltd. (CSE:GLH) (OTCQB:GLDFF) announced the purchase of 100% ownership in SMS Ventures, LLC, dba Homegrown Oregon for US$9.75 million. This acquisition, which includes a cash payment and common shares, is expected to be immediately accretive to earnings per share. Homegrown reported Q1 2021 revenues of US$2.7 million. The deal increases Golden Leaf’s store count in Oregon from 7 to 12, enhancing market presence and potential revenue through operational synergies. Management is optimistic about future growth and plans to pursue further acquisitions.

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF), operating as Chalice Brands, is a leading cannabis company focused on retail, production, and distribution. The Company announced that its President & CEO, Jeff Yapp, along with Executive Chairman, John Varghese, will present live at the 2021 Canaccord Genuity Virtual Cannabis Conference on May 11, 2021, at 3:30 p.m. EDT. Golden Leaf Holdings operates seven dispensaries in Portland, Oregon, and aims to enhance its health and wellness portfolio. Visit their website for updates.

Golden Leaf Holdings (CSE:GLH) (OTCQB:GLDFF) has officially acquired a majority stake in Fifth & Root, a notable CBD skincare brand, for up to $1.6875 million. This acquisition strengthens Golden Leaf's market presence and retail distribution, enhancing visibility in the CBD category through partnerships with retailers like Ulta Beauty and Nordstrom. The deal includes a cash payment of $250,000 and 30,666,666 common shares, granting Golden Leaf an 80% ownership stake, with potential further shares contingent on performance. Market anticipation for federal cannabis legalization increases the strategic advantage of this move.

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) announced the closure of its non-brokered private placement, generating gross proceeds of C$10,375,154. Each unit includes one common share and one warrant, exercisable at C$0.10 for 24 months. This funding enhances the company's ability to pursue transformative acquisitions. The offering's completion marks a significant step in solidifying Golden Leaf's financial position, supporting its expansion strategy in the cannabis market.

Golden Leaf Holdings (CSE: GLH, OTCQB: GLDFF) is set to change its name to Chalice Brands Ltd. during its Annual and Special Meeting on May 10, 2021. The company is also proposing a share consolidation aiming for approximately 65 million post-consolidation shares. Over 80% of debenture holders converted C$3,675,000 into equity, indicating strong support for management's strategy. The first quarter 2021 earnings report is anticipated around May 21. The name change symbolizes a strategic shift towards enhancing relevance in the US cannabis market.

Golden Leaf Holdings has successfully closed a non-brokered private placement, raising C$9.8 million from the targeted C$11 million. This financing consists of units, each comprising one common share and one purchase warrant, exercisable at C$0.10 for two years. The offering aims to facilitate ongoing due diligence related to a recent Letter of Intent, with funds allocated to potential acquisitions. The offering remains open until March 31, 2021 and is not available for U.S. distribution.