Latest Tristar Gold Inc (TSGZF) Headlines TriStar
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TriStar Raises CDN$2,200,000
Business Wire - Mon Mar 10, 7:30AM CDT
TriStar Gold Inc. (the "Company" or "TriStar") announces that it has raised CDN$2,207,950 under the private placement announced January 16, 2014 (the "Private Placement") by the issuance of 22,079,500 units (the "Units") of the Company at a price of $0.10 per Unit. Each Unit consists of one (1) common share (a "Share") in the capital of the Company and one (1) share purchase warrant (a "Warrant"), each Warrant entitling the holder to purchase one (1) additional common share (a "Warrant Share") in the capital of the Company for a period of eighteen (18) months from the date of issuance at an exercise price of $0.13 per Warrant Share. The proceeds are to be used to conduct drilling at the Company's Castelo de Sonhos project in Brazil and for working capital.
TriStar Amends Purchase Agreement for the Castelo de Sonhos Property
Business Wire - Wed Feb 05, 10:09AM CST
TriStar Gold Inc. (the "Company" or "TriStar") announces that it has entered into an amending agreement with the vendor of the Castelo de Sonhos property in Brazil to extend the due dates of the remaining payments to the vendor. Under the amending agreement, a payment of US$300,000 due in March of this year has been amended to three payments of US$100,000 each payable over the next 11 months, with the first such payment due on March 13, 2014. The final payment, in the amount of US$1,425,000 formerly due in September 2014, has been increased by US$75,000 and is deferred until July 2015. In addition, under the amending agreement, the Company has agreed to issue 1,000,000 shares of the Company to the vendor and pay US$3,600,000 out of production from the property over and above its royalty. At its option, TriStar may pay to the vendor US$1,500,000 on or prior to the making of a construction decision in lieu of the payment out of production. The issuance of the 1,000,000 shares under amending agreement is subject to acceptance for filing by the TSX Venture Exchange.
TriStar Announces $3 Million Private Placement
Business Wire - Thu Jan 16, 1:23PM CST
TriStar Gold Inc. (the "Company" or "TriStar") announces its plan to raise up to $3 million by way of a non-brokered private placement. The proceeds will be used to conduct an infill drill program at the Company's Castelo de Sonhos Project ("CDS") in Para state, Brazil. The drill program is designed to provide enough information to generate a resource estimate which will be used to complete a technical report. The filing of the technical report with the Brazilian mining authorities (the "DNPM"), and subsequent approval by the DNPM, will allow the CDS exploration license to be converted to an exploitation license. Certain shareholders and insiders have indicated that they will participate in the placement.
TriStar Amends Castelo de Sonhos Acquisition Agreement
Business Wire - Wed Dec 04, 1:05PM CST
TriStar Gold Inc. (the Company) has entered into an agreement with the vendor of the Castelo de Sonhos property amending the original acquisition agreement signed October 23, 2010. Under the amending agreement, the Company has paid US$50,000 and will issue to the vendor 1,000,000 shares of the Company, in lieu of a payment of US$200,000 which became due on September 3, 2013. This issuance of the Company's shares is subject to acceptance of notice thereof by the TSX Venture Exchange. These shares, when issued, will be subject to a four month hold period in Canada.
Updated SmallCapPower Weekly Gainers/Losers: Top Gainer is Roma Financial Corp. (NASDAQ: ROMA) +79%
ACCESSWIRE-TNW - Mon Jan 07, 8:35AM CST
Toronto, Canada: Every week, SmallCapPower.com tracks the small cap stock universe to provide a list of the top five weekly gainers and losers among the Junior Diversified mining, Energy, Technology, Industrials, Healthcare and Financial stocks with market caps below $2 billion for both the U.S. and Canadian markets. This feature is a helpful tool for investing, as one can quickly see the small caps that are moving the most and therefore likely to become the best performers.
TriStar Announces 2012 Final Drilling Results at Castelo de Sonhos; Drills 16.00 m at 2.95 g/t Gold and 12.00 m at 2.32 g/t Gold
Business Wire - Mon Jan 07, 8:30AM CST
TriStar Gold Inc. (the Company) has received the results for the final twenty seven holes completed in the second phase diamond drilling program at the Company's 100% owned Castelo de Sonhos Gold Project in the Tapajos region of Para state, Brazil. Results received relate to infill and step-out drilling at the Esperanca South and Esperanca Center targets, additional drilling at the Esperanca East target and first time drilling at the Esperanca West target.