Welcome to our dedicated page for Roscan Gold news (Ticker: RCGCF), a resource for investors and traders seeking the latest updates and insights on Roscan Gold stock.
Roscan Gold Corporation (RCGCF) provides investors with comprehensive updates on its gold exploration activities and strategic developments in West Africa. This centralized resource aggregates official press releases and verified news related to permit acquisitions, drilling results, and financial restructuring efforts.
Access timely updates on key operational areas including Mali exploration programs, secured debt settlements, and corporate governance decisions. The curated collection enables stakeholders to track progress through geological surveys, promissory note extensions, and land position expansions near established mining operations.
All content undergoes strict verification to ensure accuracy regarding the company's 100%-owned permits and exploration methodologies. Users will find essential information on capital management strategies without speculative commentary or investment recommendations.
Bookmark this page for direct access to Roscan Gold's latest announcements, including annual meeting outcomes, drilling program updates, and West African gold sector developments. Check regularly for new insights into the company's progress in discovering and developing mineral resources.
Roscan Gold announces a Debt Settlement agreement to settle US$1,050,000 owing to a creditor for drilling and services, involving a cash payment, issuance of common shares, and a promissory note. The settlement includes trading restrictions and interest at 12% per annum, secured by a general security agreement. The securities offered are not registered under the U.S. Securities Act and are not available for sale in the United States.
Roscan Gold Corporation announced a non-brokered private placement financing of up to $2,000,000 through the issuance of 10,000,000 common shares at $0.20 per share, a 19% premium to its 30-day VWAP. The funds will support exploration and development of the Kandiolé Project and general corporate purposes. The closing is subject to regulatory approvals, including from the TSXV. CEO Nana Sangmuah emphasized the importance of this financing for resource growth and de-risking the final mining permit, which could trigger a $5.0 million investment from Osisko Gold Royalties.
Roscan Gold Corporation (OTCQB: RCGCF) announced on March 9, 2023, that it received the Environmental Permit from Mali's Ministry of Environment for its 100% owned Kandiole Gold Project. This permit is a significant milestone that progresses the project towards obtaining a final mining license. The permit followed a recent meeting of the Environmental Monitoring Committee and the validation of the Environmental and Social Impact Report on February 16, 2023. CEO Nana Sangmuah highlighted the importance of this milestone in establishing a shovel-ready project and noted Mali's favorable permitting environment.
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