Welcome to our dedicated page for SYLLA GOLD news (Ticker: SYGCF), a resource for investors and traders seeking the latest updates and insights on SYLLA GOLD stock.
Sylla Gold Corp (SYGCF, TSXV: SYG) generates news primarily around gold exploration projects, corporate transactions and financing activities. Its disclosures highlight exploration work at the Niaouleni Gold Project in the Republic of Mali, including drilling at the Deguefarakole exploration licence, as well as agreements to acquire gold prospective properties in Namibia’s Central Namibian Gold Belt.
News releases for Sylla Gold often cover option exercises and share purchase agreements related to exploration licences, such as the company’s move to secure a 100% interest in the Deguefarakole licence and its planned acquisition of the Grootfontein, Erongo, Otjiwarongo and Kaoko licences from Namibia Critical Metals Inc. These updates provide insight into how the company builds and consolidates its portfolio of gold exploration assets.
Investors following SYGCF can also expect frequent coverage of financing events and capital structure changes. Sylla has reported non-brokered private placements of units with common share purchase warrants, the issuance of finder’s warrants, unsecured promissory notes and loans from arm’s length and non-arm’s length parties, and the issuance of common shares as loan bonuses. The company has also announced its intention to consolidate its common shares, subject to regulatory and shareholder approvals, and has proposed extensions to the expiry dates of existing warrants.
Regulatory and governance aspects are another recurring theme in Sylla Gold’s news. Releases describe related party transactions under TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101, the use of available exemptions, and the requirement for TSX Venture Exchange and securities law approvals. By monitoring this news feed, readers can track how Sylla Gold advances its gold exploration projects and manages its capital structure over time.
Sylla Gold (SYGCF) closed a debt settlement on March 16, 2026, issuing 6,243,000 common shares at $0.06 per share to settle $374,580 of indebtedness. Related parties received 3,457,000 shares. Securities are subject to a four-month-and-one-day hold and resale rules.
Board approval involved independent directors; company relied on MI 61-101 exemptions due to financial difficulty.
Sylla Gold (OTC: SYGCF) exercised options to acquire a 100% interest in the Niaouleni West and Samaya South properties, completing three of four option agreements that comprise the 17,200-hectare Niaouleni Gold Project.
The company completed 76 RC holes at Deguefarakole, with anomalous gold in 66 of 76 holes and a 700 m strike at Niaouleni South. The remaining 2,100-hectare Sananfara option must be completed by August 31, 2026. Licence transfers require Malian government approval; the optionor waived exploration expenditure requirements.
Sylla Gold (OTC: SYGCF) intends to settle $374,850 of indebtedness by issuing 6,243,000 common shares at $0.06 per share, subject to TSX Venture Exchange final acceptance and a four-month hold period.
The transaction is a related party settlement under MI 61-101; insiders will receive 3,457,000 shares. The company says it relied on exemptions from valuation and minority approval requirements because it is in financial difficulty.
Sylla Gold (OTC: SYGCF) announced a non-brokered private placement to raise up to $2,300,000 by issuing up to 46,000,000 units at $0.05 per unit. Each unit includes one common share and one warrant exercisable at $0.05 for two years.
Proceeds are earmarked for advancing exploration, permitting and licence renewals at the Niaouleni Gold Project in Mali, working capital, and potential repayment of liabilities. The offering may include finder cash fees and finder warrants equal to 7% of proceeds and units sold, subject to TSXV approval and standard hold periods.
Sylla Gold (OTC: SYGCF) intends to extend the expiry of an aggregate of 3,200,000 common share purchase warrants by 12 months from January 23, 2026 to January 23, 2027, subject to TSX Venture Exchange approval.
The warrants were issued with 3,200,000 units at $0.05 per unit in a private placement that closed on July 23, 2024. The company will notify warrant holders upon receipt of regulatory approval.
Sylla Gold Corp. (TSXV: SYG) (OTC: SYGCF) has received TSX Venture Exchange approval to issue 599,998 common shares at $0.015 per share related to unsecured promissory notes worth $45,000. The notes, dated June 6, 2025, carry a 7% annual interest rate and are due after June 6, 2026.
The loans were provided by both non-arm's length and arm's length lenders, with some being company directors and officers. The issued shares are subject to a four-month hold period. The transaction qualifies as a related party transaction under TSXV Policy 5.9 and MI 61-101, though the company is exempt from valuation and minority shareholder approval requirements.
Sylla Gold Corp (TSXV: SYG) (OTCQB: SYGCF) has announced the issuance of unsecured non-interest bearing promissory notes totaling $97,500. The notes were issued to both arm's length and non-arm's length creditors, including company directors and officers, making this a related party transaction. The principal amounts will be used for general working capital purposes and are payable upon demand.
The transaction requires TSX Venture Exchange approval and falls under MI 61-101 regulations. The company is exempt from valuation and minority shareholder approval requirements as it's not listed on a specified market and the insider-held notes don't exceed 25% of market capitalization. Sylla expedited the closing process, foregoing the standard 21-day material change report filing period.
Sylla Gold Corp. (TSXV: SYG) (OTCQB: SYGCF) has completed a non-brokered private placement, raising $160,000 through the issuance of 3,200,000 units at $0.05 per unit. Each unit consists of one common share and one warrant, with warrants exercisable at $0.07 for 18 months. The company paid $4,900 in finder's fees and issued 98,000 finder's warrants. Proceeds will be used for working capital and general corporate purposes. Securities are subject to a four-month hold period. Additionally, Sylla Gold has decided not to proceed with the previously announced acquisition of exploration licenses in Namibia from Namibia Critical Metals Inc.
Sylla Gold has amended its share purchase agreement with Namibia Critical Metals to acquire four gold properties in Namibia. The properties are located in Grootfontein, Erongo, Otjiwarongo, and Kaoko. The acquisition involves Sylla acquiring 95% interests in NMI's Namibian subsidiaries for 3,000,000 common shares at $0.05 per share and a $100,000 cash payment. The closing date is extended to August 31, 2024. Approval from the TSX Venture Exchange and regulatory bodies is pending.