Welcome to our dedicated page for Tristar Gold news (Ticker: TSGZF), a resource for investors and traders seeking the latest updates and insights on Tristar Gold stock.
TriStar Gold Inc. (TSGZF) is a mineral exploration company advancing its flagship Castelo de Sonhos gold project in Brazil through rigorous environmental permitting and technical studies. This page provides investors with official updates about operational milestones, regulatory progress, and strategic developments critical to evaluating the company's trajectory.
Discover timely announcements including exploration results, environmental compliance achievements, and partnership agreements. All content is curated to help stakeholders track the project's advancement through Brazil's complex permitting framework while maintaining transparency about operational priorities.
Key updates cover permit application statuses, community engagement initiatives, and resource estimation reports. Bookmark this page for direct access to primary source materials and unfiltered progress reports essential for informed analysis of TSGZF's development strategy.
TriStar Gold (TSXV: TSG) has announced a best efforts private placement financing to raise up to $10 million through the issuance of up to 62.5 million units at $0.16 per unit. Each unit consists of one common share and half a warrant, with each whole warrant exercisable at $0.25 for 24 months. The Agents, led by Paradigm Capital, will receive a 6% cash commission and compensation options to acquire 6% of issued units at $0.16 per share.
The Agents have been granted an option to sell an additional 9.375 million units for up to $1.5 million. The offering is expected to close around May 29th, 2025, subject to regulatory approvals. Proceeds will be used for exploration, development, and working capital purposes.
TriStar Gold (TSXV: TSG) (OTCQB: TSGZF) announces the return of President and CEO Nick Appleyard from leave effective April 1, 2025, while Jessica Van Den Akker, who served as Interim CEO, continues as a Director.
The company provides an update on their Castelo de Sonhos gold project in Brazil, confirming no additional support for a Federal Public Prosecutor's previous requests to government regulators. The Pará Secretariat for Environment and Sustainability (SEMAS) has demonstrated strong support for the project's permitting process.
The Preliminary License received in August 2024 remains valid without restrictions as the company explores financing options to advance the project through drilling and feasibility stages toward a construction decision.
TriStar Gold (TSXV: TSG) (OTCQB: TSGZF) has received positive responses from Brazilian government regulators regarding its Castelo de Sonhos gold project. The company's Preliminary License (LP permit) received in August 2024 remains valid and unrestricted. The Pará Secretariat for Environment and Sustainability (SEMAS) has provided a strong technical defense of the permitting process in response to inquiries from the Federal Public Prosecutor. TriStar has also defended its permitting process, demonstrating comprehensive consideration of potential mining impacts. The company is now exploring financing options to proceed with required drilling and feasibility studies toward a construction decision.
TriStar Gold (TSXV: TSG) (OTCQB: TSGZF) has announced two significant leadership changes. Marcus Brewster, a geologist and mining engineer with extensive experience in large-scale paleoplacer gold mines, has joined the Board of Directors effective December 4, 2024. Brewster brings valuable expertise from his roles at Tarkwa and Damang Gold Mines in Ghana, where he served as General Manager at Damang.
Additionally, Jessica Van Den Akker, a current TriStar Director and Chartered Professional Accountant with 20 years of resource sector experience, will serve as interim CEO during Q1 2025 while current President and CEO Nick Appleyard takes medical leave. Van Den Akker's background includes significant experience in financings, mergers and acquisitions, and implementing operational and financial reporting processes.
TriStar Gold announces key board changes with Marcus Brewster joining as Director while stepping down as COO effective December 4, 2024. Mark Jones III has been appointed Chairman Emeritus in recognition of his founding role and past service as CEO. Brewster, a geologist and mining engineer with extensive experience in paleoplacer gold mines, will be formally appointed following the AGM on December 2, 2024. The company is currently working on responding to prosecutors' requests regarding the Prior License for the Castelo de Sonhos gold project in Pará State, issued in August 2024.
TriStar Gold Inc. (TSXV: TSG) (OTCQB: TSGZF) has acknowledged recommendations from a Federal Public Prosecutor regarding the recently issued Preliminary License (LP) for the Castelo de Sonhos gold project in Brazil. These non-binding recommendations, directed at various government regulators, suggest suspending the LP pending additional archaeological and Indigenous Component Studies.
The company is confident in the comprehensive process used to obtain the LP, citing strong stakeholder support evidenced at a well-attended and positive public hearing in 2023. TriStar is addressing the concerns raised and is in contact with relevant authorities. The company believes that some of the MPF's technical concerns are already addressed in the LP's conditions.
CEO Nick Appleyard stated that while these concerns could have been discussed earlier, the company remains confident in the robustness of their Environmental Impact Assessment and the project's potential benefits to the community. TriStar is cooperating with all parties to resolve concerns quickly.
TriStar Gold Inc. (TSXV: TSG) (OTCQB: TSGZF) has received the Licença Prévia (Preliminary License or LP) for its Castelo de Sonhos gold project in Brazil from the Pará Secretariat for the Environment and Sustainability (SEMAS). This milestone significantly derisks the project and positions TriStar for advancement to the feasibility study stage. The LP, the first of a three-stage environmental licensing process, is important as it involves approval from various government agencies and stakeholders.
CEO Nick Appleyard views Castelo de Sonhos as potentially the next 100,000+ ounce per year gold mine in Brazil. The company plans to proceed with de-risking studies, including feasibility and advanced engineering, leading to a construction development decision. TriStar will host a webinar on September 5th to discuss this development. Additionally, the company has granted 3,250,000 incentive stock options to directors, officers, employees, and consultants at $0.195 per share, expiring on August 28, 2029.
TriStar Gold (TSGZF) announced that the Pará State Environmental Council (COEMA) approved the Preliminary License (LP) and Environmental Impact Assessment (EIA) for its Castelo de Sonhos gold project in Brazil on June 11, 2024. The final issuance of the LP awaits internal processes by the Secretariat for the Environment and Sustainability (SEMAS). The approval was unanimous and follows extensive efforts by TriStar's team and support from various local organizations.
CEO Nick Appleyard praised the team and highlighted the project's potential to unlock shareholder value, alongside their commitment to sustainable development in the region. TriStar's shares trade on the TSX Venture Exchange (TSG) and OTCQB (TSGZF).
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