Latest Goldsource Mines Inc (GXSFF) Headlines
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Goldsource Mines and Eagle Mountain Execute Amending Agreement with Omai Gold Mines Ltd, a Subsidiary of IAMGOLD Corporation
Marketwire - Thu Mar 06, 7:03AM CST
As a condition to the recent business combination ("Business Combination") of Goldsource Mines Inc. (TSX VENTURE: GXS)(FRANKFURT: G5M) ("Goldsource") and Eagle Mountain Gold Corp. ("Eagle Mountain") (now a wholly owned subsidiary of Goldsource) the parties have executed an Amendment Agreement (the "Amendment Agreement") with Omai Gold Mines Ltd. ("OGML"), a 95% owned subsidiary of IAMGOLD Corporation ("IAMGOLD") with respect to the Eagle Mountain Gold Property (the "Property") in Guyana. Eagle Mountain owns 100% of the Eagle Mountain Gold Property. The Amendment Agreement makes several major changes to the terms of the existing agreement (the "Original Agreement"), dated January 16, 2012. Certain cash and/or common share payments to OGML by Eagle Mountain set out in the Original Agreement and based on effective commencement of commercial production on the Property and the granting of a Mining License by Guyana Geology and Mines Commission ("GGMC") have now been deferred and are triggered by different events as described below.
Goldsource Mines and Eagle Mountain Complete Business Combination; Goldsource Mines Completes $2.4 Million Private Placement
Marketwire - Mon Mar 03, 7:03AM CST
Goldsource Mines Inc. (TSX VENTURE: GXS)(FRANKFURT: G5M) ("Goldsource") and Eagle Mountain Gold Corp. (TSX VENTURE: Z)(FRANKFURT: E9X1)(OTCQX: EMGCF) ("Eagle Mountain") are pleased to announce that they have successfully completed their previously announced business combination.
Eagle Mountain Announces Termination of Financing Arrangements
Marketwire - Mon Feb 24, 6:01PM CST
Eagle Mountain Gold Corp. ("Eagle Mountain" or the "Company") (TSX VENTURE: Z) (FRANKFURT: E9X1) (OTCQX: EMGCF) today announced the termination of its financing arrangements with Weiser Capital Limited ("Weiser") of Nassau, Bahamas. Weiser has assisted the Company with several financings, earning fees for introducing investors to the Company and arranging for their participation in equity financings. Following receipt of shareholder approval for the Company's proposed business combination with Goldsource Mines Inc. (the "Transaction"), Weiser's services are no longer required.
Eagle Mountain Announces Special Shareholders Meeting Results
Marketwire - Thu Feb 20, 4:00PM CST
Eagle Mountain Gold Corp. ("Eagle Mountain" or the "Company") (TSX VENTURE: Z)(FRANKFURT: E9X1)(OTCQX: EMGCF) is pleased to announce results of the voting at its special general meeting of shareholders held on February 20, 2014, in Vancouver, British Columbia (the "Meeting"). At the Meeting, the Company received overwhelming shareholder approval for its proposed business combination with Goldsource Mines Inc. by way of a three-cornered amalgamation (the "Transaction"), with over 99% of tendered shares voted in favour.
Eagle Mountain Announces Non-Brokered Private Placement
Marketwire - Mon Dec 02, 8:02AM CST
Eagle Mountain Gold Corp. ("Eagle Mountain" or the "Company") (TSX VENTURE: Z) (FRANKFURT: E9X1) (OTCQX: EMGCF) announces a non-brokered private placement of up to 3,850,000 units ("Units") at a price of $0.065 per Unit, for total gross proceeds of approximately $250,000. Each Unit shall consist of one common share (a "Share") and one-half of one share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder to purchase one common share (a "Warrant Share") at a price of $0.11 for a period of 2 years from the closing date of the private placement.
Goldsource Mines and Eagle Mountain Gold Announce Proposed Business Combination
Marketwire - Tue Nov 26, 8:02AM CST
Goldsource Mines Inc. (TSX VENTURE: GXS)(FRANKFURT: G5M) ("Goldsource") and Eagle Mountain Gold Corp. (TSX VENTURE: Z)(FRANKFURT: E9X)(OTCQX: EMGCF) ("Eagle Mountain") are pleased to announce that they have signed an agreement dated November 25, 2013 ("Letter Agreement") for a business combination of the two companies.
Goldsource Announces Proposed Reduction of Outstanding Stock Options, Concurrent Amendments and Grant of New Options
Marketwire - Tue May 14, 8:04AM CDT
Goldsource Mines Inc. (TSX VENTURE: GXS)(FRANKFURT: G5M) ("Goldsource" or the "Company") announces that the Company has entered into agreements with holders of stock options to reduce the total number of common shares issuable and concurrently amend the options by reducing their exercise prices and extending their terms to expiry.