Ecuador Gold (EGLDF) 0.4171 $EGLDF Ecuador Gold
Post# of 273242
Posted On: 09/14/2016 3:13:36 PM
Ecuador Gold (EGLDF) 0.4171 $EGLDF
Ecuador Gold Signs Amended and Restated Arrangement Agreement with Odin
ACCESSWIRE - Mon Sep 12, 5:29PM CDT
VANCOUVER , BC/ ACCESSWIRE / September 12, 2016 / Ecuador Gold and Copper Corp. (TSXV: EGX) ("EGX"
and Odin Mining and Exploration Ltd. (TSXV: ODN) ("Odin" wish to announce that further to an arrangement agreement (the "Arrangement Agreement" entered into between EGX and Odin dated August 2, 2016, EGX and Odin have signed an amended and restated arrangement agreement (the "Amended & Restated Arrangement Agreement" dated September 9, 2016 to provide minor corrections and updates to the Arrangement Agreement. The terms of the Arrangement Agreement were described in the joint news releases of EGX and Odin dated August 3, 2016 and August 4, 2016. The Amended & Restated Arrangement Agreement provides for corrections and updates to (i) reflect that the continuation of EGX's subsidiary, Ecuador Gold and Copper Inc. from Ontario to British Columbia will result in a name change to the subsidiary to such name as is acceptable to the British Columbia Registrar of Companies, and (ii) clarify that the stated amounts of the "NIB Condormining Receivable" and the share capital of the "Amalco Shares" in the Plan of Arrangement (now the Amended and Restated Plan of Arrangement) of the Arrangement Agreement are denominated in United States dollars. Although the Amended & Restated Arrangement Agreement replaces the Arrangement Agreement, all other terms of the Arrangement Agreement remain effectively unchanged and are restated in the Amended & Restated Arrangement Agreement. A full copy of the Amended & Restated Arrangement Agreement will be filed under the SEDAR profile for each of EGX and Odin at www.sedar.com.
EGX.VN: 0.710 (-0.040), ODN.VN: 0.880 (+0.020)
Ecuador Gold Closes New Debenture Offering of US$1,250,000
ACCESSWIRE - Fri Sep 09, 4:40PM CDT
VANCOUVER, BC / ACCESSWIRE / September 9, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company", wishes to announce that further to its news release dated June 27, 2016, it is announcing the completion of a non-brokered private placement offering of US$1,250,000 of convertible debentures (the "Debentures" of the Company, comprised of US$232,784 senior secured Debentures and US$1,017,216 unsecured convertible debentures. Each Debenture bears interest of 12% per year with the principal amount and interest due and payable on the maturity date of December 31, 2016 (the "Maturity Date" unless converted into units of the Company (the "Units" prior to the Maturity Date at a conversion price of $0.40 per Unit. Each Unit is comprised of one common share and one half common share purchase warrant (each whole warrant a "Warrant", and each Warrant then entitles the holder to acquire a common share at an exercise price of $0.40 per share for a period of 24 months from the date of issuance. Of the presently outstanding US$3,156,025 Amended & Restated Debentures, US$290,134 of that principal amount was previously accrued interest (and not US$551,025 as was reported on March 31, 2016), US$260,891 fresh investment, and US$2,605,000 previously outstanding principal. The issuance of the Debentures does not result in the creation of a new control person.
EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Closing of Shares-for-Debt Transaction
ACCESSWIRE - Thu Sep 01, 2:39PM CDT
VANCOUVER, BC / ACCESSWIRE / September 1, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company" is pleased to announce that it has completed the shares-for-debt transaction announced on June 7, 2016 and May 25, 2016 to settle (the "Debt Settlements" an aggregate of $502,330 in outstanding debt (the "Debt" owing for interest free advances made to the Company, geological mineral exploration, administrative services and office rent, legal services, expenses and consulting, which includes debt owed to non-arm's length management in the amount of $134,799 owed for incurred expenses and past management services rendered and accrued in 2015 and 2016 to senior officers of the Company. The Company settled the Debt by issuing an aggregate of 1,088,027 common shares of the Company at a price of C$0.39 per share and 195,000 common shares of the Company at a price of $0.40 per share (collectively, the "Debt Shares". All Debt Shares issued to settle the Debt are subject to a four month hold period.
EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces New Debenture Offering of up to US$900,000
ACCESSWIRE - Fri Jun 10, 12:23PM CDT
VANCOUVER, BC / ACCESSWIRE / June 10, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company", wishes to announce that it intends to undertake a new debenture offering (the "Debenture Offering" to raise aggregate gross proceeds of up to US$900,000 through the issuance of senior secured convertible debentures and other unsecured convertible debentures (collectively, the "Debentures".
EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Additional Proposed Shares-for-Debt Agreements
ACCESSWIRE - Tue Jun 07, 6:50PM CDT
VANCOUVER, BC / ACCESSWIRE / June 7, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company" is pleased to announce that in addition to its previously announced C$424,330 debt settlement agreements announced in a Company news release on May 25, 2016, it has made additional arrangements to settle another aggregate of C$78,000 in outstanding debt (the "Debt" owed to creditors in connection with C$78,000 owing for legal services and geological consulting services provided to the Company. The Company is proposing to settle the Debt by issuing an aggregate of 195,000 common shares (the "Debt Shares" of the Company at a deemed price of C$0.40 per Debt Share. All Debt Shares issued to settle the Debt will be subject to a four month hold period and the issuance of the Debt Shares will be subject to approval of the TSX Venture Exchange.
EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Proposed Shares-for-Debt Agreements
ACCESSWIRE - Wed May 25, 10:52AM CDT
VANCOUVER, BC / ACCESSWIRE / May 25, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company" is pleased to announce that it has entered into agreements to settle an aggregate of C$424,330 in outstanding debt (the "Debt" owed to creditors in connection with C$365,581 owing for drilling, exploration, and consulting as well as up to C$58,749 owing for management's expenses and services provided to the Company. The Company is proposing to settle the Debt by issuing an aggregate of 1,088,027 common shares (the "Debt Shares" of the Company at a deemed price of C$0.39 per Debt Share. All Debt Shares issued to settle the Debt will be subject to a four month hold period and the issuance of the Debt Shares will be subject to approval of the TSX Venture Exchange.
EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Agreement for Termination of the Chinapintza Joint Venture
ACCESSWIRE - Mon May 02, 4:17PM CDT
VANCOUVER, BC / ACCESSWIRE / May 2, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company" announces that pursuant to an agreement (the "Termination Agreement" dated as of April 29, 2016 it has together with its subsidiary, Condormining Corporation S.A. ("Condormining" agreed to terminate the joint venture agreement (the "JV Agreement" between Condormining and Minera Guangshou Ecuador S.A. ("Guangshou" dated November 2, 2012 for the joint ownership and exploration and development of the Chinapintza mineral deposit in Ecuador (the "Chinapintza Property".
EGX.VN: 0.710 (-0.040), CPA.VN: 0.010 (unch)
Ecuador Gold Announces Receipt of Data with Payment to U.K. Engineers
ACCESSWIRE - Thu Apr 28, 11:16AM CDT
VANCOUVER, BC / ACCESSWIRE / April 28, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company" announces that it has paid U.K. engineering firm, GBM Minerals Engineering Consultants Ltd. ("GBM" in satisfaction of its claim for payment of £187,500 and have received engineering information and data in relation to the Company's Condor Gold Project in Ecuador. Due to a dispute, GBM had initiated a claim for the payment from the Company but since payment has been made the litigation has been dropped.
EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Grant of Stock Options
ACCESSWIRE - Wed Apr 20, 12:59PM CDT
VANCOUVER, BC / ACCESSWIRE / April 20, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company" announces that it has granted its directors, officers and consultants stock options (the "Options" to purchase a total of 1,175,000 common shares of the Company in accordance with its Stock Option Plan and subject to the policies of the TSX Venture Exchange. The Options are exercisable at a price of $0.30 per share, being the closing price of the Company's shares on April 19, 2016, and expire on April 20, 2026. The Company's stock options represent a useful and valuable means of recognizing and incentivizing the contributions of the Company's employees, directors, officers and consultants.
EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Shareholder Meeting and Clarifies Proposed Consolidation, Agreement on Extension of Maturity Date and Conversion Price of Debentures, and Additional US$500,000 of Debentures
ACCESSWIRE - Mon Feb 01, 1:14PM CST
TORONTO, ON / ACCESSWIRE / February 1, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company", is pleased to announce, as an amendment and restatement of its previous news release dated January 29, 2016, that it has agreed in an agreement dated January 29, 2016 (the "Amendment Agreement" to amend the terms of all outstanding senior secured convertible debentures (the "Debentures" (the "Debenture Amendments", which have an aggregate principal amount of US$2,605,000, to extend the maturity date of the Debentures to March 5, 2016 in exchange for a new conversion price on a post-consolidation basis of $0.15 per Unit (the "New Conversion Price" of the Company, subject to the Company consolidating all of its issued and outstanding common shares on a 10-to-1 basis (the "Consolidation" and the requirements and approval of the TSX Venture Exchange (the "Exchange", and the Company has agreed to use its commercially reasonable best efforts to obtain such approval as soon as reasonably possible. Upon completion of the Consolidation, the maturity date of the Debentures shall be further extended to December 31, 2016. Each "Unit" remains comprised of one common share and one-half common share purchase warrant (each whole warrant a "Warrant" of the Company, and each Warrant entitles the holder thereof to acquire one additional common share of the Company at an new proposed post-Consolidation exercise price of C$0.15 per share for 24 months following the date of issuance. The Consolidation is subject to Exchange approval and approval of the Company's shareholders as well.
EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Proposed Consolidation, Agreement on Extension of Maturity Date and Conversion Price of Debentures, and an Additional US$500,000 of New Debentures
ACCESSWIRE - Fri Jan 29, 12:09PM CST
TORONTO, ON / ACCESSWIRE / January 29, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company", is pleased to announce that it has agreed to amend the terms of all outstanding senior secured convertible debentures (the "Debentures" (the "Debenture Amendments", which have an aggregate principal amount of US$2,605,000, to extend the maturity date of the Debentures to March 5, 2016 in exchange for a new conversion price on a post-consolidation basis of $0.15 per Unit (the "New Conversion Price" of the Company, subject to the Company consolidating all of its issued and outstanding common shares on a 10-to-1 basis (the "Consolidation" and the requirements and approval of the TSX Venture Exchange (the "Exchange", and the Company has agreed to use its commercially reasonable best efforts to obtain such approval as soon as reasonably possible. Upon completion of the Consolidation, the maturity date of the Debentures shall be further extended to December 31, 2016. Each "Unit" remains comprised of one common share and one-half common share purchase warrant (each whole warrant a "Warrant" of the Company, and each Warrant entitles the holder thereof to acquire one additional common share of the Company at an new proposed post-Consolidation exercise price of C$0.15 per share for 24 months following the date of issuance. The Consolidation is subject to Exchange approval and approval of the Company's shareholders as well.
EGX.VN: 0.710 (-0.040)
Ecuador Gold and Copper Corp. Announces Additional Debenture Offering of US$300,000 and Closing of C$427,402 Shares-For-Debt Transaction
Newsfile Corp - Wed Jun 03, 5:47PM CDT
Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company" is pleased to announce that it intends to undertake a further additional debenture offering (the "Debenture Offering", in addition to the debenture offering first announced in a news release dated March 10, 2015 (the "March Offering", to raise aggregate gross proceeds of up to a further US$300,000 through the issuance of senior secured convertible debentures (the "Debentures". The proceeds raised under the Debenture Offering will be used in Ecuador for the Company's Condor Gold Project and as working capital. The Debenture Offering is subject to approval of the TSX Venture Exchange and all securities issued under the Debenture Offering will be subject to a statutory four-month hold period from the date of issuance.
EGX.VN: 0.710 (-0.040)
Ecuador Gold and Copper Corp. Announces New Debenture Offering of US$400,000
Newsfile Corp - Tue Mar 10, 12:33PM CDT
Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company", is pleased to announce that it intends to undertake a new debenture offering (the "Debenture Offering" to raise aggregate gross proceeds of up to US$400,000 through the issuance of senior secured convertible debentures (the "Debentures". The proceeds raised under the Debenture Offering will be used in Ecuador for the Company's Condor Gold Project and as working capital. The Debenture Offering is subject to approval of the TSX Venture Exchange and all securities issued under the Debenture Offering will be subject to a statutory four-month hold period from the date of issuance.
EGX.VN: 0.710 (-0.040)
Ecuador Gold and Copper Corp. Announces Additional Debenture Offering of US$490,000
Newsfile Corp - Wed Jan 14, 2:02PM CST
Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company", the Company is pleased to announce that it intends to undertake an additional debenture offering (the "Debenture Offering" to raise aggregate gross proceeds of up to US$490,000 through the issuance of senior secured convertible debentures (the "Debentures". Approximately half of the proceeds raised under the Debenture Offering will be used in Ecuador for the Company's Condor Gold Project and as in country working capital, and the other half for payment of the Company's accounts payables to increase its working capital. The Debenture Offering is subject to approval of the TSX Venture Exchange and all securities issued under the Debenture Offering will be subject to a statutory four month hold period from the date of issuance.
EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Encouraging Metallurgical Testwork Results
ACCESSWIRE - Mon Dec 08, 7:43AM CST
Toronto, ON / ACCESSWIRE / December 8, 2014 / Ecuador Gold & Copper Corp. (TSXV: EGX), (the "Company"or "EGX" announces that the Company's Consulting Engineers, GBM Minerals Engineering Consultants Limited ("GBM" who are currently undertaking, through Resource Development Inc, ("RDI" of Denver Colorado, the additional metallurgical test work that was announced in the May 29, 2014 News Release, as part of the 43-101 Preliminary Economic Assessment Technical Report ("PEA" on the Company's flagship Santa Barbara Project, have released encouraging results from this test work and have advised the Company that the PEA will be completed by the end of January 2015. In addition, the Company has acquired key surface landholdings that cover a substantial part of the surface footprint of the Santa Barbara Project.
EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Mailing of C$160,000 Unit Offering Information to Existing Shareholders
ACCESSWIRE - Mon Nov 24, 7:30AM CST
Toronto, ON / ACCESSWIRE / November 24, 2014 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company", is pleased to announce that further to its News Release on November 14, 2014, it has mailed to the existing shareholders of the Company information concerning its proposed C$160,000 private placement of units ("Units" of the Company at a price of C$0.05 per Unit (the "Unit Offering". Each Unit will be comprised of one common share and one-half common share purchase warrant (each whole warrant a "Warrant" of the Company. Each Warrant entitles the investor to acquire one additional common share of the Company at an exercise price of C$0.10 per share for 24 months following the date of issuance. The Unit Offering is subject to approval of the TSX Venture Exchange.
EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Debenture Offering and Unit Offering to Existing Shareholders
ACCESSWIRE - Fri Nov 14, 7:05AM CST
Toronto, Ontario / ACCESSWIRE / November 14, 2014 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company", is pleased to announce a debenture offering (the "Debenture Offering" to raise an aggregate gross proceeds of up to US$840,000 through the issuance of senior secured convertible debentures (the "Debentures" and an additional offering of units ("Units" of the Company to raise a further amount of up to C$160,000 through the issuance of Units at a price of C$0.05 per Unit to existing shareholders of the Company (the "Unit Offering". The Debenture Offering and Unit Offering (collectively, the "Offering" will enable the Company to raise up to approximately $1 million, of which over 80% will be used in Ecuador for the Company's Condor Gold Project and in country working capital, and the remainder will be used as additional working capital of the Company.
EGX.VN: 0.710 (-0.040)
Sprott Report Highlights Gold Opportunity in Ecuador
GlobeNewswire - Thu Nov 06, 12:09PM CST
A recent Sprott Global Resource Report, written by Senior Investment Executive Steve Todoruk, highlights the unique wealth-creation opportunity in Ecuador.
EGX.VN: 0.710 (-0.040)
Ecuador Gold Signs Amended and Restated Arrangement Agreement with Odin
ACCESSWIRE - Mon Sep 12, 5:29PM CDT
VANCOUVER , BC/ ACCESSWIRE / September 12, 2016 / Ecuador Gold and Copper Corp. (TSXV: EGX) ("EGX"
and Odin Mining and Exploration Ltd. (TSXV: ODN) ("Odin" wish to announce that further to an arrangement agreement (the "Arrangement Agreement" entered into between EGX and Odin dated August 2, 2016, EGX and Odin have signed an amended and restated arrangement agreement (the "Amended & Restated Arrangement Agreement" dated September 9, 2016 to provide minor corrections and updates to the Arrangement Agreement. The terms of the Arrangement Agreement were described in the joint news releases of EGX and Odin dated August 3, 2016 and August 4, 2016. The Amended & Restated Arrangement Agreement provides for corrections and updates to (i) reflect that the continuation of EGX's subsidiary, Ecuador Gold and Copper Inc. from Ontario to British Columbia will result in a name change to the subsidiary to such name as is acceptable to the British Columbia Registrar of Companies, and (ii) clarify that the stated amounts of the "NIB Condormining Receivable" and the share capital of the "Amalco Shares" in the Plan of Arrangement (now the Amended and Restated Plan of Arrangement) of the Arrangement Agreement are denominated in United States dollars. Although the Amended & Restated Arrangement Agreement replaces the Arrangement Agreement, all other terms of the Arrangement Agreement remain effectively unchanged and are restated in the Amended & Restated Arrangement Agreement. A full copy of the Amended & Restated Arrangement Agreement will be filed under the SEDAR profile for each of EGX and Odin at www.sedar.com. EGX.VN: 0.710 (-0.040), ODN.VN: 0.880 (+0.020)
Ecuador Gold Closes New Debenture Offering of US$1,250,000
ACCESSWIRE - Fri Sep 09, 4:40PM CDT
VANCOUVER, BC / ACCESSWIRE / September 9, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
, wishes to announce that further to its news release dated June 27, 2016, it is announcing the completion of a non-brokered private placement offering of US$1,250,000 of convertible debentures (the "Debentures" of the Company, comprised of US$232,784 senior secured Debentures and US$1,017,216 unsecured convertible debentures. Each Debenture bears interest of 12% per year with the principal amount and interest due and payable on the maturity date of December 31, 2016 (the "Maturity Date" unless converted into units of the Company (the "Units" prior to the Maturity Date at a conversion price of $0.40 per Unit. Each Unit is comprised of one common share and one half common share purchase warrant (each whole warrant a "Warrant", and each Warrant then entitles the holder to acquire a common share at an exercise price of $0.40 per share for a period of 24 months from the date of issuance. Of the presently outstanding US$3,156,025 Amended & Restated Debentures, US$290,134 of that principal amount was previously accrued interest (and not US$551,025 as was reported on March 31, 2016), US$260,891 fresh investment, and US$2,605,000 previously outstanding principal. The issuance of the Debentures does not result in the creation of a new control person. EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Closing of Shares-for-Debt Transaction
ACCESSWIRE - Thu Sep 01, 2:39PM CDT
VANCOUVER, BC / ACCESSWIRE / September 1, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
is pleased to announce that it has completed the shares-for-debt transaction announced on June 7, 2016 and May 25, 2016 to settle (the "Debt Settlements" an aggregate of $502,330 in outstanding debt (the "Debt" owing for interest free advances made to the Company, geological mineral exploration, administrative services and office rent, legal services, expenses and consulting, which includes debt owed to non-arm's length management in the amount of $134,799 owed for incurred expenses and past management services rendered and accrued in 2015 and 2016 to senior officers of the Company. The Company settled the Debt by issuing an aggregate of 1,088,027 common shares of the Company at a price of C$0.39 per share and 195,000 common shares of the Company at a price of $0.40 per share (collectively, the "Debt Shares". All Debt Shares issued to settle the Debt are subject to a four month hold period. EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces New Debenture Offering of up to US$900,000
ACCESSWIRE - Fri Jun 10, 12:23PM CDT
VANCOUVER, BC / ACCESSWIRE / June 10, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
, wishes to announce that it intends to undertake a new debenture offering (the "Debenture Offering" to raise aggregate gross proceeds of up to US$900,000 through the issuance of senior secured convertible debentures and other unsecured convertible debentures (collectively, the "Debentures". EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Additional Proposed Shares-for-Debt Agreements
ACCESSWIRE - Tue Jun 07, 6:50PM CDT
VANCOUVER, BC / ACCESSWIRE / June 7, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
is pleased to announce that in addition to its previously announced C$424,330 debt settlement agreements announced in a Company news release on May 25, 2016, it has made additional arrangements to settle another aggregate of C$78,000 in outstanding debt (the "Debt" owed to creditors in connection with C$78,000 owing for legal services and geological consulting services provided to the Company. The Company is proposing to settle the Debt by issuing an aggregate of 195,000 common shares (the "Debt Shares" of the Company at a deemed price of C$0.40 per Debt Share. All Debt Shares issued to settle the Debt will be subject to a four month hold period and the issuance of the Debt Shares will be subject to approval of the TSX Venture Exchange. EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Proposed Shares-for-Debt Agreements
ACCESSWIRE - Wed May 25, 10:52AM CDT
VANCOUVER, BC / ACCESSWIRE / May 25, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
is pleased to announce that it has entered into agreements to settle an aggregate of C$424,330 in outstanding debt (the "Debt" owed to creditors in connection with C$365,581 owing for drilling, exploration, and consulting as well as up to C$58,749 owing for management's expenses and services provided to the Company. The Company is proposing to settle the Debt by issuing an aggregate of 1,088,027 common shares (the "Debt Shares" of the Company at a deemed price of C$0.39 per Debt Share. All Debt Shares issued to settle the Debt will be subject to a four month hold period and the issuance of the Debt Shares will be subject to approval of the TSX Venture Exchange. EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Agreement for Termination of the Chinapintza Joint Venture
ACCESSWIRE - Mon May 02, 4:17PM CDT
VANCOUVER, BC / ACCESSWIRE / May 2, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
announces that pursuant to an agreement (the "Termination Agreement" dated as of April 29, 2016 it has together with its subsidiary, Condormining Corporation S.A. ("Condormining" agreed to terminate the joint venture agreement (the "JV Agreement" between Condormining and Minera Guangshou Ecuador S.A. ("Guangshou" dated November 2, 2012 for the joint ownership and exploration and development of the Chinapintza mineral deposit in Ecuador (the "Chinapintza Property". EGX.VN: 0.710 (-0.040), CPA.VN: 0.010 (unch)
Ecuador Gold Announces Receipt of Data with Payment to U.K. Engineers
ACCESSWIRE - Thu Apr 28, 11:16AM CDT
VANCOUVER, BC / ACCESSWIRE / April 28, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
announces that it has paid U.K. engineering firm, GBM Minerals Engineering Consultants Ltd. ("GBM" in satisfaction of its claim for payment of £187,500 and have received engineering information and data in relation to the Company's Condor Gold Project in Ecuador. Due to a dispute, GBM had initiated a claim for the payment from the Company but since payment has been made the litigation has been dropped. EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Grant of Stock Options
ACCESSWIRE - Wed Apr 20, 12:59PM CDT
VANCOUVER, BC / ACCESSWIRE / April 20, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
announces that it has granted its directors, officers and consultants stock options (the "Options" to purchase a total of 1,175,000 common shares of the Company in accordance with its Stock Option Plan and subject to the policies of the TSX Venture Exchange. The Options are exercisable at a price of $0.30 per share, being the closing price of the Company's shares on April 19, 2016, and expire on April 20, 2026. The Company's stock options represent a useful and valuable means of recognizing and incentivizing the contributions of the Company's employees, directors, officers and consultants. EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Shareholder Meeting and Clarifies Proposed Consolidation, Agreement on Extension of Maturity Date and Conversion Price of Debentures, and Additional US$500,000 of Debentures
ACCESSWIRE - Mon Feb 01, 1:14PM CST
TORONTO, ON / ACCESSWIRE / February 1, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
, is pleased to announce, as an amendment and restatement of its previous news release dated January 29, 2016, that it has agreed in an agreement dated January 29, 2016 (the "Amendment Agreement" to amend the terms of all outstanding senior secured convertible debentures (the "Debentures" (the "Debenture Amendments", which have an aggregate principal amount of US$2,605,000, to extend the maturity date of the Debentures to March 5, 2016 in exchange for a new conversion price on a post-consolidation basis of $0.15 per Unit (the "New Conversion Price" of the Company, subject to the Company consolidating all of its issued and outstanding common shares on a 10-to-1 basis (the "Consolidation" and the requirements and approval of the TSX Venture Exchange (the "Exchange", and the Company has agreed to use its commercially reasonable best efforts to obtain such approval as soon as reasonably possible. Upon completion of the Consolidation, the maturity date of the Debentures shall be further extended to December 31, 2016. Each "Unit" remains comprised of one common share and one-half common share purchase warrant (each whole warrant a "Warrant" of the Company, and each Warrant entitles the holder thereof to acquire one additional common share of the Company at an new proposed post-Consolidation exercise price of C$0.15 per share for 24 months following the date of issuance. The Consolidation is subject to Exchange approval and approval of the Company's shareholders as well. EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Proposed Consolidation, Agreement on Extension of Maturity Date and Conversion Price of Debentures, and an Additional US$500,000 of New Debentures
ACCESSWIRE - Fri Jan 29, 12:09PM CST
TORONTO, ON / ACCESSWIRE / January 29, 2016 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
, is pleased to announce that it has agreed to amend the terms of all outstanding senior secured convertible debentures (the "Debentures" (the "Debenture Amendments", which have an aggregate principal amount of US$2,605,000, to extend the maturity date of the Debentures to March 5, 2016 in exchange for a new conversion price on a post-consolidation basis of $0.15 per Unit (the "New Conversion Price" of the Company, subject to the Company consolidating all of its issued and outstanding common shares on a 10-to-1 basis (the "Consolidation" and the requirements and approval of the TSX Venture Exchange (the "Exchange", and the Company has agreed to use its commercially reasonable best efforts to obtain such approval as soon as reasonably possible. Upon completion of the Consolidation, the maturity date of the Debentures shall be further extended to December 31, 2016. Each "Unit" remains comprised of one common share and one-half common share purchase warrant (each whole warrant a "Warrant" of the Company, and each Warrant entitles the holder thereof to acquire one additional common share of the Company at an new proposed post-Consolidation exercise price of C$0.15 per share for 24 months following the date of issuance. The Consolidation is subject to Exchange approval and approval of the Company's shareholders as well. EGX.VN: 0.710 (-0.040)
Ecuador Gold and Copper Corp. Announces Additional Debenture Offering of US$300,000 and Closing of C$427,402 Shares-For-Debt Transaction
Newsfile Corp - Wed Jun 03, 5:47PM CDT
Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
is pleased to announce that it intends to undertake a further additional debenture offering (the "Debenture Offering", in addition to the debenture offering first announced in a news release dated March 10, 2015 (the "March Offering", to raise aggregate gross proceeds of up to a further US$300,000 through the issuance of senior secured convertible debentures (the "Debentures". The proceeds raised under the Debenture Offering will be used in Ecuador for the Company's Condor Gold Project and as working capital. The Debenture Offering is subject to approval of the TSX Venture Exchange and all securities issued under the Debenture Offering will be subject to a statutory four-month hold period from the date of issuance. EGX.VN: 0.710 (-0.040)
Ecuador Gold and Copper Corp. Announces New Debenture Offering of US$400,000
Newsfile Corp - Tue Mar 10, 12:33PM CDT
Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
, is pleased to announce that it intends to undertake a new debenture offering (the "Debenture Offering" to raise aggregate gross proceeds of up to US$400,000 through the issuance of senior secured convertible debentures (the "Debentures". The proceeds raised under the Debenture Offering will be used in Ecuador for the Company's Condor Gold Project and as working capital. The Debenture Offering is subject to approval of the TSX Venture Exchange and all securities issued under the Debenture Offering will be subject to a statutory four-month hold period from the date of issuance. EGX.VN: 0.710 (-0.040)
Ecuador Gold and Copper Corp. Announces Additional Debenture Offering of US$490,000
Newsfile Corp - Wed Jan 14, 2:02PM CST
Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
, the Company is pleased to announce that it intends to undertake an additional debenture offering (the "Debenture Offering" to raise aggregate gross proceeds of up to US$490,000 through the issuance of senior secured convertible debentures (the "Debentures". Approximately half of the proceeds raised under the Debenture Offering will be used in Ecuador for the Company's Condor Gold Project and as in country working capital, and the other half for payment of the Company's accounts payables to increase its working capital. The Debenture Offering is subject to approval of the TSX Venture Exchange and all securities issued under the Debenture Offering will be subject to a statutory four month hold period from the date of issuance. EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Encouraging Metallurgical Testwork Results
ACCESSWIRE - Mon Dec 08, 7:43AM CST
Toronto, ON / ACCESSWIRE / December 8, 2014 / Ecuador Gold & Copper Corp. (TSXV: EGX), (the "Company"or "EGX"
announces that the Company's Consulting Engineers, GBM Minerals Engineering Consultants Limited ("GBM" who are currently undertaking, through Resource Development Inc, ("RDI" of Denver Colorado, the additional metallurgical test work that was announced in the May 29, 2014 News Release, as part of the 43-101 Preliminary Economic Assessment Technical Report ("PEA" on the Company's flagship Santa Barbara Project, have released encouraging results from this test work and have advised the Company that the PEA will be completed by the end of January 2015. In addition, the Company has acquired key surface landholdings that cover a substantial part of the surface footprint of the Santa Barbara Project. EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Mailing of C$160,000 Unit Offering Information to Existing Shareholders
ACCESSWIRE - Mon Nov 24, 7:30AM CST
Toronto, ON / ACCESSWIRE / November 24, 2014 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
, is pleased to announce that further to its News Release on November 14, 2014, it has mailed to the existing shareholders of the Company information concerning its proposed C$160,000 private placement of units ("Units" of the Company at a price of C$0.05 per Unit (the "Unit Offering". Each Unit will be comprised of one common share and one-half common share purchase warrant (each whole warrant a "Warrant" of the Company. Each Warrant entitles the investor to acquire one additional common share of the Company at an exercise price of C$0.10 per share for 24 months following the date of issuance. The Unit Offering is subject to approval of the TSX Venture Exchange. EGX.VN: 0.710 (-0.040)
Ecuador Gold Announces Debenture Offering and Unit Offering to Existing Shareholders
ACCESSWIRE - Fri Nov 14, 7:05AM CST
Toronto, Ontario / ACCESSWIRE / November 14, 2014 / Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"
, is pleased to announce a debenture offering (the "Debenture Offering" to raise an aggregate gross proceeds of up to US$840,000 through the issuance of senior secured convertible debentures (the "Debentures" and an additional offering of units ("Units" of the Company to raise a further amount of up to C$160,000 through the issuance of Units at a price of C$0.05 per Unit to existing shareholders of the Company (the "Unit Offering". The Debenture Offering and Unit Offering (collectively, the "Offering" will enable the Company to raise up to approximately $1 million, of which over 80% will be used in Ecuador for the Company's Condor Gold Project and in country working capital, and the remainder will be used as additional working capital of the Company. EGX.VN: 0.710 (-0.040)
Sprott Report Highlights Gold Opportunity in Ecuador
GlobeNewswire - Thu Nov 06, 12:09PM CST
A recent Sprott Global Resource Report, written by Senior Investment Executive Steve Todoruk, highlights the unique wealth-creation opportunity in Ecuador.
EGX.VN: 0.710 (-0.040)
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