The Prospector News

Goldsource Mines Updates Eagle Mountain Amending Agreement

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Goldsource Mines Updates Eagle Mountain Amending Agreement

 

 

 

 

 

Goldsource Mines Inc. (TSX-V:GXS) (FRANKFURT:G5M) announces that the TSX Venture Exchange has accepted for filing an amending agreement between the Company, Eagle Mountain Gold Corp. a wholly owned subsidiary of the Company, and Omai Gold Mines Ltd. a 95% owned subsidiary of IAMGOLD Corporation with respect to the Eagle Mountain Gold Property in Guyana.
 

The Company has issued to OGML 3,389,279 common shares in consideration of OGML agreeing to the terms of the Amending Agreement, resulting in OGML holding 8% of the outstanding shares of the Company. The common shares are subject to a hold period of four months and one day from the date of issuance.
 

Details of the Amending Agreement with Omai Gold Mines Ltd. are set out in the Company’s news release dated March 6, 2014.
 

ABOUT GOLDSOURCE MINES INC.

 

Goldsource Mines Inc. is a Canadian resource company that is working aggressively to develop its advanced-stage, 100%-owned Eagle Mountain gold project in Guyana with initial staged production in 2014. The project has an existing NI 43-101-compliant resource of 188,000 Indicated and 792,000 Inferred gold ounces, with strong potential to expand its resources. Goldsource Mines is led by an experienced management team, proven in making exploration discoveries, achieving construction on time and budget, and fast-tracking production.

Posted April 23, 2014

Share this news article

MORE or "UNCATEGORIZED"


First Phosphate Confirms Another High Grade Intersect of 11.85% Igneous Phosphate Across 84 Metres Starting from Surface at Its Begin-Lamarche Project in Saguenay-Lac-St-Jean, Quebec, Canada

First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) is plea... READ MORE

May 14, 2024

MAG Silver Reports First Quarter Financial Results

MAG Silver Corp. (TSX:MAG) (NYSE American: MAG) announces the Com... READ MORE

May 14, 2024

Troilus Announces Feasibility Study Results for the Gold-Copper Troilus Project: Outlines a Large Scale, 22-Year Open Pit Project in Tier-One Jurisdiction With USD$884.5 Million NPV(5%)

Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF) reports results from... READ MORE

May 14, 2024

Alamos Gold Intersects Higher-Grade Mineralization within a New Zone Near Existing Infrastructure at Young-Davidson

Alamos Gold Inc. (TSX:AGI) (NYSE:AGI) reported new results from i... READ MORE

May 14, 2024

Titan Reports First Quarter 2024 Results; National Safety Recognition Award

Titan Mining Corporation (TSX: TI) announces the results for the... READ MORE

May 14, 2024

Copyright 2024 The Prospector News