Welcome to our dedicated page for ST JAMES GOLD news (Ticker: LRDJF), a resource for investors and traders seeking the latest updates and insights on ST JAMES GOLD stock.
St. James Gold Corp. (OTCQB: LRDJF) generates news primarily around its mineral exploration activities, corporate developments, and capital markets events. The company is listed on the TSX Venture Exchange under "LORD", trades on the OTCQB market in the United States, and is also listed on the Frankfurt Stock Exchange. Its disclosures focus on gold-oriented exploration projects in Newfoundland and the historical Tintina gold belt in Yukon Territory, Canada.
News updates from St. James Gold often cover exploration programs, including drill campaigns and soil geochemistry surveys at its projects. The company has reported work on its Newfoundland claims in the Gander gold district and central Newfoundland, as well as drilling and field programs at the Florin Gold Project in Yukon. These releases provide details on exploration objectives, property positions, and the geological context of its projects.
Another major theme in the company’s news flow is corporate and financial developments. St. James Gold has issued releases about private placements, debt restructuring, and a Final Release and Settlement Agreement with Florin Resources Inc., which involved reassignment of secured promissory notes and transfer of the Quinn Lake Property. The company has also reported on the reinstatement of trading on the TSX Venture Exchange following an exchange review and steps taken to address a working capital deficiency.
Investors following LRDJF news can also expect updates on management and governance changes, such as appointments to the Board of Advisors, new leadership roles, and substitute director nominees for shareholder meetings. In addition, the company has highlighted participation in mining investment conferences and efforts to expand its investor base. This news page brings together these exploration, corporate, and capital markets announcements in one place for ongoing reference.
St. James Gold (OTCQB: LRDJF) has finalized its Settlement Agreement with Florin Resources, originally announced on April 1, 2025. The settlement includes the reassignment of secured promissory notes worth $1,176,598.76.
Key terms include a $435,000 cash payment to Florin, issuance of 2,105,264 common shares at $0.095 per share, release of 850,000 escrowed shares, and transfer of the Quinn Lake Property. Florin agreed to participate in a private placement for 1,052,632 shares. The debt has been reassigned to new lenders as long-term unsecured notes.
St. James Gold Corp. (TSXV: LORD) announced its return to trading on the TSX Venture Exchange. The company, which also trades under the symbols OTCQB: LRDJF and FSE: BVU3, has been reinstated to trading operations on the TSX-V platform.
St. James Gold Corp. (TSXV: LORD) announced the reinstatement of its common shares trading on the TSX Venture Exchange, expected around July 29, 2025. The company addressed its working capital deficiency of $1,905,769 through debt restructuring initiatives.
Key financial actions include: Converting $1,580,052.49 of short-term debt into 18-month unsecured notes, writing off $317,725 of time-barred debt, and resolving management fee issues totaling $1,222,758. After these adjustments and a pending private placement, the company's adjusted working capital will be $129,209.49.
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St. James Gold Corp. announces the election of Mr. Jiang (Jay) Yu and Mr. Leigh Hughes as directors at the Annual General and Special Meeting of Shareholders scheduled for April 13, 2022. Mr. Yu replaces George Drazenovic and Mr. Hughes replaces Ning Wu, both of whom have stepped down. If elected, Mr. Yu will serve on the audit committee. The meeting will be held virtually due to the COVID-19 pandemic. Shareholders are instructed to treat existing votes for the outgoing directors as votes for the new nominees. A detailed Circular has been provided to the shareholders for instructions.
St. James Gold Corp. has appointed Mr. Jiang (Jay) Yu as the Chairman and President, effective immediately, replacing Mr. George Drazenovic as director. Yu brings over 16 years of capital markets experience from Wall Street, including roles at Deutsche Bank. He plans to invest $200,000 in the company, indicating confidence in its gold assets. The company holds significant gold claims in Newfoundland and Yukon. The board remains mostly independent despite Yu's dual roles.
St. James Gold Corp. (TSXV: LORD, OTCQB: LRDJF) has appointed Terence F. Coughlan, P.Geo, to its Board of Advisors, enhancing the company's mineral exploration capabilities.
Coughlan brings nearly 40 years of mining experience and a successful track record in developing producing mines. He previously served as CEO of GoGold Resources, contributing to significant financing and exploration initiatives.
This strategic addition is expected to provide leadership in developing St. James Gold's assets in Newfoundland, positioning the company advantageously in the growing gold market.
St. James Gold Corp. announced the appointment of Sean Tufford as Director of Business Development, a move seen as essential for the company's growth.
Tufford brings extensive experience in investor relations and capital markets, having supported various junior and development-stage mineral resource companies in North America. CEO George Drazenovic emphasized Tufford's ability to enhance the company's market presence and leverage his extensive networks.
The company is focused on acquiring economic mineral deposits and currently holds options for claims in Newfoundland and Yukon.
St. James Gold Corp. (OTCQB: LRDJF) will participate in the 121 Mining Investment London on November 17-18, 2021. This physical event aims to connect miners with institutional investors through 1-on-1 meetings. CEO George Drazenovic highlights the opportunity to enhance exposure to investors and expand their institutional base. Following a recent drill season at the Florin Gold Project, the company anticipates assay results that will inform its 2022 drilling strategy. St. James Gold holds options for multiple promising gold claims across Canada.
St. James Gold Corp. (TSXV: LORD, OTCQB: LRDJF) has released a corporate update for 2021. The company completed its drill exploration program at the Florin Gold Project in Yukon, securing $10 million in capital financing and expanding its stock listings. The 3,613 meters of diamond drilling targeted mineralization extensions near a 2.47 million ounce inferred gold resource. St. James Gold is set to explore its Newfoundland claims, with conditional agreements based on resource estimations of 750,000 ounces of gold. The company also aims to broaden its market presence through recent DTC listing approvals.
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