Savary Gold Corp - 500 Beiträge pro Seite
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ISIN: CA8051161005 · WKN: A2AGYF
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Letzter Kurs 02.05.19 TSX Venture
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Mein gedanke dazu: könnte in Richtung Avion gehen.. siehe Email Adresse....
werde mit kleiner Position einsteigen.
Savary Acquires Burkina Gold Marketwire | Thursday September 13, 2012 4:24PM
http://www.theglobeandmail.com/globe-investor/news-sources/?…
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 13, 2012) - Savary Gold Corp. ("Savary" or the "Company") (TSX VENTURE:SCA.H) is pleased to announce that it has completed the acquisition (the "Acquisition") of Burkina Gold Corporation ("Burkina"), pursuant to a three-party amalgamation under the Business Corporations Act (Ontario). Pursuant to the Acquisition, Burkina has amalgamated with 2325083 Ontario Inc., a wholly-owned subsidiary of Savary, such that the amalgamated entity is now a wholly owned subsidiary of Savary. In consideration of the Acquisition, the Company issued an aggregate of 7,540,010 common shares to the shareholders of Burkina. In addition, the Company has issued 120,000 common shares as a success fee to BayFront Capital Partners Ltd. Following completion of the Acquisition, Savary has 25,160,010 common shares issued and outstanding. In connection with the Acquisition, Savary has completed a continuation from Alberta to British Columbia under the Business Corporations Act (British Columbia), and has changed its name from Savary Capital Corp. to "Savary Gold Corp."
Subject to final approval of the TSX Venture Exchange (the "Exchange"), the Acquisition and the amalgamation will constitute Savary's Qualifying Transaction under the policies of the Exchange.
In connection with the Acquisition, Savary entered into an escrow agreement, dated August 16, 2012, pursuant to which an aggregate of 875,000 common shares of Savary have been placed in escrow. Under the escrow agreement, 10% will be released on issuance of the Final Exchange Bulletin, and the balance of such shares will be released in tranches of 15% over the next 36 months.
Upon completion of the Acquisition, Scott Ackerman, Robert Chisholm, and Craig Goldenberger have resigned, and the Board of Directors of the Company now consists of Daniel Nocente, Mark Morabito, Stephan Theron and Craig Pearman. The new management team is comprised of Charles Mostert as CEO and Corporate Secretary, and Carlo Valente as CFO.
It is anticipated that trading in the common shares of Savary will resume at the open on Monday, September 17, 2012, under the symbol "SCA", at which time Savary's shares will transfer from NEX to the Exchange, as a Tier 2 mining issuer.
Following completion of the Acquisition, Savary through its wholly-owned subsidiary has the right to acquire from Avion Gold Corp. the South Block of the Hounde Property, located in Burkina Faso, Africa. Additional information regarding the property is available in the independent NI 43-101 compliant geological report and the filing statement dated August 29, 2012, both of which are available on SEDAR.
On behalf of the Board of Directors of SAVARY GOLD CORP.
Charles Mostert, Chief Executive Officer
This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.
FOR FURTHER INFORMATION PLEASE CONTACT:
Charles Mostert
Savary Gold Corp.
+2772 286 9288
CMostert@forbesmanhattan.net
werde mit kleiner Position einsteigen.
Savary Acquires Burkina Gold Marketwire | Thursday September 13, 2012 4:24PM
http://www.theglobeandmail.com/globe-investor/news-sources/?…
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 13, 2012) - Savary Gold Corp. ("Savary" or the "Company") (TSX VENTURE:SCA.H) is pleased to announce that it has completed the acquisition (the "Acquisition") of Burkina Gold Corporation ("Burkina"), pursuant to a three-party amalgamation under the Business Corporations Act (Ontario). Pursuant to the Acquisition, Burkina has amalgamated with 2325083 Ontario Inc., a wholly-owned subsidiary of Savary, such that the amalgamated entity is now a wholly owned subsidiary of Savary. In consideration of the Acquisition, the Company issued an aggregate of 7,540,010 common shares to the shareholders of Burkina. In addition, the Company has issued 120,000 common shares as a success fee to BayFront Capital Partners Ltd. Following completion of the Acquisition, Savary has 25,160,010 common shares issued and outstanding. In connection with the Acquisition, Savary has completed a continuation from Alberta to British Columbia under the Business Corporations Act (British Columbia), and has changed its name from Savary Capital Corp. to "Savary Gold Corp."
Subject to final approval of the TSX Venture Exchange (the "Exchange"), the Acquisition and the amalgamation will constitute Savary's Qualifying Transaction under the policies of the Exchange.
In connection with the Acquisition, Savary entered into an escrow agreement, dated August 16, 2012, pursuant to which an aggregate of 875,000 common shares of Savary have been placed in escrow. Under the escrow agreement, 10% will be released on issuance of the Final Exchange Bulletin, and the balance of such shares will be released in tranches of 15% over the next 36 months.
Upon completion of the Acquisition, Scott Ackerman, Robert Chisholm, and Craig Goldenberger have resigned, and the Board of Directors of the Company now consists of Daniel Nocente, Mark Morabito, Stephan Theron and Craig Pearman. The new management team is comprised of Charles Mostert as CEO and Corporate Secretary, and Carlo Valente as CFO.
It is anticipated that trading in the common shares of Savary will resume at the open on Monday, September 17, 2012, under the symbol "SCA", at which time Savary's shares will transfer from NEX to the Exchange, as a Tier 2 mining issuer.
Following completion of the Acquisition, Savary through its wholly-owned subsidiary has the right to acquire from Avion Gold Corp. the South Block of the Hounde Property, located in Burkina Faso, Africa. Additional information regarding the property is available in the independent NI 43-101 compliant geological report and the filing statement dated August 29, 2012, both of which are available on SEDAR.
On behalf of the Board of Directors of SAVARY GOLD CORP.
Charles Mostert, Chief Executive Officer
This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.
FOR FURTHER INFORMATION PLEASE CONTACT:
Charles Mostert
Savary Gold Corp.
+2772 286 9288
CMostert@forbesmanhattan.net
bin dabei @ 0,26CAD 
Savary Gold Grants Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 11, 2012) - Savary Gold Corp. (TSX VENTURE:SCA) announces that it has granted a total of 1,925,000 stock options to its officers, directors and certain consultants. The stock options vest immediately and may be exercised at a price of $0.29 per option for a period of five years from the date hereof. This grant of options is subject to the approval of the TSX Venture Exchange.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 11, 2012) - Savary Gold Corp. (TSX VENTURE:SCA) announces that it has granted a total of 1,925,000 stock options to its officers, directors and certain consultants. The stock options vest immediately and may be exercised at a price of $0.29 per option for a period of five years from the date hereof. This grant of options is subject to the approval of the TSX Venture Exchange.
Savary Outlines Exploration Plan for South Hounde, Burkina Faso
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 1, 2012) - SAVARY GOLD CORP. ("Savary" or the "Company") (TSX VENTURE:SCA) is pleased to announce the details of its proposed $1.4 million exploration program for its Houndé South property, located in southwestern Burkina Faso. The exploration program will include up to 3,000 metres of reverse circulation (RC) drilling, as well as geologic mapping of the property.
"We are excited to begin our exploration program at Houndé South," stated Charles Mostert, Savary Gold's President and CEO. "The coincident geophysical and geochemical anomalies, along with the encouraging results from the very limited early drilling, are strong indications of the property's potential. This, coupled with the property's location within the Houndé greenstone belt, which hosts Semafo's Mana gold mine as well as a number of other advanced gold exploration projects, is what led us to pursue this acquisition and we are looking forward to advancing this project as quickly as possible."
Coincident Induced Polarization (IP) geophysical and soil geochemistry anomalies, as well as historical drilling data and local prospector workings have identified two primary targets along the Ouango-Fini Shear Zone: the Kueredougou Zone and the Diosso South Zone. Proposed exploration activities for the Kueredougou Zone include approximately 2,000 metres of RC drilling, with 15 to 20 drill holes ranging in depth from 100 to 150 metres. A total of approximately 1,000 metres of RC drilling is planned for the Diosso South Zone, which will include 10 holes, each drilled to a depth of up to 100 metres. These 3,000 metres of drilling will be aimed at building a robust geologic model, as well as acquiring sufficient data to complete an inferred mineral resource estimate.
The Houndé South property consists of two exploration licences, Diosso and Mandiasso, totaling 375 square kilometres and two exploration licence applications, Kelesso and Fakoro, totaling 125 square kilometres.
Robin Black, M.Sc., P. Geo., a consulting geologist of the Company and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.
About Savary Gold
Savary Gold is a Canadian company with a tight capital structure that is focussed on exploring the South Houndé Gold Property in Burkina Faso. The property is in the Birimian Greenstone Belt, which hosts a number of operating gold mines (including Semafo's Mana mine) and additional gold deposits that are presently subject to extensive exploration efforts (including Avion's North Houndé Project and Sarama's South Houndé Project, which is adjacent to Savary Gold's property).
SAVARY GOLD CORP.
On behalf of the Board
Charles Mostert, Chief Executive Officer
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 1, 2012) - SAVARY GOLD CORP. ("Savary" or the "Company") (TSX VENTURE:SCA) is pleased to announce the details of its proposed $1.4 million exploration program for its Houndé South property, located in southwestern Burkina Faso. The exploration program will include up to 3,000 metres of reverse circulation (RC) drilling, as well as geologic mapping of the property.
"We are excited to begin our exploration program at Houndé South," stated Charles Mostert, Savary Gold's President and CEO. "The coincident geophysical and geochemical anomalies, along with the encouraging results from the very limited early drilling, are strong indications of the property's potential. This, coupled with the property's location within the Houndé greenstone belt, which hosts Semafo's Mana gold mine as well as a number of other advanced gold exploration projects, is what led us to pursue this acquisition and we are looking forward to advancing this project as quickly as possible."
Coincident Induced Polarization (IP) geophysical and soil geochemistry anomalies, as well as historical drilling data and local prospector workings have identified two primary targets along the Ouango-Fini Shear Zone: the Kueredougou Zone and the Diosso South Zone. Proposed exploration activities for the Kueredougou Zone include approximately 2,000 metres of RC drilling, with 15 to 20 drill holes ranging in depth from 100 to 150 metres. A total of approximately 1,000 metres of RC drilling is planned for the Diosso South Zone, which will include 10 holes, each drilled to a depth of up to 100 metres. These 3,000 metres of drilling will be aimed at building a robust geologic model, as well as acquiring sufficient data to complete an inferred mineral resource estimate.
The Houndé South property consists of two exploration licences, Diosso and Mandiasso, totaling 375 square kilometres and two exploration licence applications, Kelesso and Fakoro, totaling 125 square kilometres.
Robin Black, M.Sc., P. Geo., a consulting geologist of the Company and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.
About Savary Gold
Savary Gold is a Canadian company with a tight capital structure that is focussed on exploring the South Houndé Gold Property in Burkina Faso. The property is in the Birimian Greenstone Belt, which hosts a number of operating gold mines (including Semafo's Mana mine) and additional gold deposits that are presently subject to extensive exploration efforts (including Avion's North Houndé Project and Sarama's South Houndé Project, which is adjacent to Savary Gold's property).
SAVARY GOLD CORP.
On behalf of the Board
Charles Mostert, Chief Executive Officer
Trading Spotlight
Savary Begins Drilling at Hounde South, Burkina Faso
http://at.marketwire.com/accesstracking/AccessTrackingLogSer…
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/04/12 -- SAVARY GOLD CORP. ("Savary" or the "Company") (TSX VENTURE:SCA) is pleased to announce the beginning of drilling on its Hounde South property, located in southwestern Burkina Faso. The $1.4 million exploration program will include up to 3,000 metres of reverse circulation (RC) drilling, as well as geophysical surveys and geologic mapping of the property.
"We are pleased that our drilling program has commenced at Hounde South," stated Charles Mostert, Savary Gold's President and CEO. "This is our first opportunity to undertake our own exploration activities on, what we consider to be, very prospective ground. The entire team has been focused on getting our exploration program underway as quickly as possible and it is gratifying to see those efforts come to fruition."
Analysis of exploration data previously acquired on the property identified two primary targets along the Ouango-Fini Shear zone: the Kueredougou zone and the Diosso South zone. Proposed exploration activities for the Kueredougou zone include approximately 2,000 metres of RC drilling, with 15 to 20 drill holes ranging in depth from 100 to 150 metres. A total of approximately 1,000 metres of RC drilling is planned for the Diosso South zone, which will include 10 holes, each drilled to a depth of up to 100 metres. These 3,000 metres of drilling will be aimed at building a robust geologic model, as well as acquiring sufficient data to complete an initial mineral resource estimate.
The Hounde South property consists of two exploration licenses, Diosso and Mandiasso, totaling 375 square kilometres, and is located in the Birimian Greenstone Belt of West Africa, currently the fastest growing gold producing area in the world.
Drilling is being carried out by Major Drilling Burkina Faso SA., a contractor independent of Savary Gold.
Savary Gold is also pleased to announce that its website, containing detailed information about the Company and the Hounde South property, has been completed and is now fully functional. It can be accessed at: www.savarygold.com.
Robin Black, M.Sc., P. Geo., a consulting geologist of the Company and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.
About Savary Gold
Savary Gold is a Canadian company with a tight capital structure that is focused on exploring the Hounde South Gold Property in Burkina Faso. The property is in the Birimian Greenstone Belt, which hosts a number of operating gold mines (including Semafo's Mana mine) and
additional gold deposits that are presently subject to extensive exploration efforts (including Endeavour Mining's Hounde Project and Sarama's South Hounde Project, which is adjacent to Savary Gold's property).
SAVARY GOLD CORP.
http://at.marketwire.com/accesstracking/AccessTrackingLogSer…
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/04/12 -- SAVARY GOLD CORP. ("Savary" or the "Company") (TSX VENTURE:SCA) is pleased to announce the beginning of drilling on its Hounde South property, located in southwestern Burkina Faso. The $1.4 million exploration program will include up to 3,000 metres of reverse circulation (RC) drilling, as well as geophysical surveys and geologic mapping of the property.
"We are pleased that our drilling program has commenced at Hounde South," stated Charles Mostert, Savary Gold's President and CEO. "This is our first opportunity to undertake our own exploration activities on, what we consider to be, very prospective ground. The entire team has been focused on getting our exploration program underway as quickly as possible and it is gratifying to see those efforts come to fruition."
Analysis of exploration data previously acquired on the property identified two primary targets along the Ouango-Fini Shear zone: the Kueredougou zone and the Diosso South zone. Proposed exploration activities for the Kueredougou zone include approximately 2,000 metres of RC drilling, with 15 to 20 drill holes ranging in depth from 100 to 150 metres. A total of approximately 1,000 metres of RC drilling is planned for the Diosso South zone, which will include 10 holes, each drilled to a depth of up to 100 metres. These 3,000 metres of drilling will be aimed at building a robust geologic model, as well as acquiring sufficient data to complete an initial mineral resource estimate.
The Hounde South property consists of two exploration licenses, Diosso and Mandiasso, totaling 375 square kilometres, and is located in the Birimian Greenstone Belt of West Africa, currently the fastest growing gold producing area in the world.
Drilling is being carried out by Major Drilling Burkina Faso SA., a contractor independent of Savary Gold.
Savary Gold is also pleased to announce that its website, containing detailed information about the Company and the Hounde South property, has been completed and is now fully functional. It can be accessed at: www.savarygold.com.
Robin Black, M.Sc., P. Geo., a consulting geologist of the Company and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.
About Savary Gold
Savary Gold is a Canadian company with a tight capital structure that is focused on exploring the Hounde South Gold Property in Burkina Faso. The property is in the Birimian Greenstone Belt, which hosts a number of operating gold mines (including Semafo's Mana mine) and
additional gold deposits that are presently subject to extensive exploration efforts (including Endeavour Mining's Hounde Project and Sarama's South Hounde Project, which is adjacent to Savary Gold's property).
SAVARY GOLD CORP.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2012) - Savary Gold Corp. ("Savary" or the "Company") (TSX VENTURE:SCA) is pleased to announce the successful completion of its initial drilling program on its Houndé South property, located in southwestern Burkina Faso. The program consisted of 26 drill holes, totaling 2,709 metres of reverse circulation (RC) drilling, as well as geophysical surveys and geologic mapping of the property. A total of 2,700 samples were collected during the program and have been submitted for analysis; results are pending.
"We are extremely pleased that our initial drilling program at Houndé South has been completed in such a timely manner," stated Charles Mostert, Savary Gold's President and CEO. "We are looking forward to receiving the analytical results from this round of drilling in order that we may begin the detailed planning for our next phase of exploration at Houndé South."
Analysis of exploration data previously acquired on the property identified two primary targets along the Ouango-Fini Shear zone: the Kueredougou zone and the Diosso South zone. The current program completed 20 holes, totalling 2,143 metres, on the Kueredougou zone and 6 holes, totaling 566 metres, at Diosso South.
The Houndé South property consists of two exploration licenses, Diosso and Mandiasso, totaling 375 square kilometres, and is located in the Birimian age Hounde Greenstone Belt of West Africa, currently the fastest growing gold producing area in the world.
Drilling was carried out by Major Drilling Burkina Faso SA. and laboratory analysis is being conducted by SGS Burkina Faso SA., both of whom are independent of Savary Gold.
Robin Black, M.Sc., P. Geo., a consulting geologist of the Company and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.
"We are extremely pleased that our initial drilling program at Houndé South has been completed in such a timely manner," stated Charles Mostert, Savary Gold's President and CEO. "We are looking forward to receiving the analytical results from this round of drilling in order that we may begin the detailed planning for our next phase of exploration at Houndé South."
Analysis of exploration data previously acquired on the property identified two primary targets along the Ouango-Fini Shear zone: the Kueredougou zone and the Diosso South zone. The current program completed 20 holes, totalling 2,143 metres, on the Kueredougou zone and 6 holes, totaling 566 metres, at Diosso South.
The Houndé South property consists of two exploration licenses, Diosso and Mandiasso, totaling 375 square kilometres, and is located in the Birimian age Hounde Greenstone Belt of West Africa, currently the fastest growing gold producing area in the world.
Drilling was carried out by Major Drilling Burkina Faso SA. and laboratory analysis is being conducted by SGS Burkina Faso SA., both of whom are independent of Savary Gold.
Robin Black, M.Sc., P. Geo., a consulting geologist of the Company and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.
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