StreetInsider.com News Articles

West Point Gold Announces Stock Option Grant

Mon, 23 Dec 2024 16:08:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - December 23, 2024) - West Point Gold Corp. (TSXV: WPG) (OTCQB: AUSVF) ("West Point Gold" or the "Company") announces that its Board of Directors has approved a grant of stock options to officers, directors and consultants of the Company pursuant to the Company's 2020 Stock Option Plan. A total of 4,950,000 stock options have been granted to acquire common shares in the capital of the Company at an exercise price of $0.29 per share. Of these stock options, a total of 3,250,000 vest 50% immediately, 25% twelve months from the grant date and 25%

West Point Gold Announces Stock Option Grant

Mon, 23 Dec 2024 16:08:00 -0500

Gold79 Engages i2i Marketing Group, LLC for Marketing Program

Fri, 20 Dec 2024 17:00:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") has engaged i2i Marketing Group, LLC ("i2i") of Key West Florida and has entered into a marketing agreement, whereby i2i will provide marketing and media distribution for an initial term of one month commencing upon TSX Venture Exchange approval. An initial fee of US$250,000 is payable. Thereafter, the marketing agreement may continue on a month-to-month basis with supplemental expenditures agreed to by the parties for the services being purchased.

i2i will create an advertising campaign and utilize its physical

Gold79 Engages i2i Marketing Group, LLC for Marketing Program

Fri, 20 Dec 2024 17:00:00 -0500

i2i will create an advertising campaign and utilize its physical

Gold79 Announces Name Change to West Point Gold; Ticker Symbol Change to "WPG"

Thu, 19 Dec 2024 07:00:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - December 19, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that it will change its name to West Point Gold Corp. and trade under the new stock symbol "WPG" on the TSX Venture Exchange.

Effective at the market open on December 23, 2024, the Company will begin trading under the new name and stock symbol. The Company's ISIN and CUSIP numbers will change to CA95538Q1037 and 95538Q103, respectively.

No action will be required by existing shareholders and warrantholders with respect to the name change. Certificates representing common

Gold79 Announces Name Change to West Point Gold; Ticker Symbol Change to "WPG"

Thu, 19 Dec 2024 07:00:00 -0500

No action will be required by existing shareholders and warrantholders with respect to the name change. Certificates representing common

Gold79 Appoints Quentin Mai as CEO and Director

Mon, 16 Dec 2024 07:00:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - December 16, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that Quentin Mai has been appointed Chief Executive Officer ("CEO") of the Company and has joined the Board of Directors effective December 13, 2024. Mr. Mai remains President of the Company. In conjunction with this appointment, Derek Macpherson has resigned as CEO and remains Executive Chairman and a Director. Ehsan Agahi has stepped down as Director to pursue other opportunities.

"Successfully completing the $6.1M raise positioned Gold79 to initiate its drill program to rapidly advance Gold Chain

Gold79 Appoints Quentin Mai as CEO and Director

Mon, 16 Dec 2024 07:00:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - December 16, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that Quentin Mai has been appointed Chief Executive Officer ("CEO") of the Company and has joined the Board of Directors effective December 13, 2024. Mr. Mai remains President of the Company. In conjunction with this appointment, Derek Macpherson has resigned as CEO and remains Executive Chairman and a Director. Ehsan Agahi has stepped down as Director to pursue other opportunities.
"Successfully completing the $6.1M raise positioned Gold79 to initiate its drill program to rapidly advance Gold Chain

Gold79 Announces the Successful Completion of Amalgamation with Bullet Exploration

Tue, 26 Nov 2024 16:00:00 -0500

Ottawa, Ontario--(Newsfile Corp. - November 26, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce the completion of the previously announced three-cornered amalgamation with Bullet Exploration Inc. ("Bullet") (TSXV: AMMO) and 1492834 B.C. Ltd. ("Subco"), Gold79's wholly-owned subsidiary (the "Amalgamation") has been completed (the "Transaction"). The Transaction and the recently completed financing by Gold79 has created a well-funded gold exploration company focused on the prolific Tier 1 Walker Lane mining district of Nevada and Arizona. The Company will continue to focus on aggressively drilling Gold79's Gold Chain project in Arizona as well

Gold79 Announces the Successful Completion of Amalgamation with Bullet Exploration

Tue, 26 Nov 2024 16:00:00 -0500

Ottawa, Ontario--(Newsfile Corp. - November 26, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce the completion of the previously announced three-cornered amalgamation with Bullet Exploration Inc. ("Bullet") (TSXV: AMMO) and 1492834 B.C. Ltd. ("Subco"), Gold79's wholly-owned subsidiary (the "Amalgamation") has been completed (the "Transaction"). The Transaction and the recently completed financing by Gold79 has created a well-funded gold exploration company focused on the prolific Tier 1 Walker Lane mining district of Nevada and Arizona. The Company will continue to focus on aggressively drilling Gold79's Gold Chain project in Arizona as well

Gold79 Closes Oversubscribed Final Tranche of Upsized Private Placement for Gross Proceeds of $6,110,000

Fri, 22 Nov 2024 16:00:00 -0500

Ottawa, Ontario--(Newsfile Corp. - November 22, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce the closing of the final tranche of its previously announced $6,000,000 non-brokered private placement financing (the "Offering"), raising aggregate gross proceeds of $6,110,000 through the issuance of 24,440,002 units at $0.25 per unit.
"This final tranche, which was oversubscribed, strengthens Gold79's position as it accelerates exploration and pursues opportunities to enhance shareholder value in a rising gold price environment," stated Quentin Mai, President of Gold79.
Gross proceeds from the final tranche were $610,000 through the issuance of 2,440,000 units

Gold79 Closes Oversubscribed Final Tranche of Upsized Private Placement for Gross Proceeds of $6,110,000

Fri, 22 Nov 2024 16:00:00 -0500

Ottawa, Ontario--(Newsfile Corp. - November 22, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce the closing of the final tranche of its previously announced $6,000,000 non-brokered private placement financing (the "Offering"), raising aggregate gross proceeds of $6,110,000 through the issuance of 24,440,002 units at $0.25 per unit.
"This final tranche, which was oversubscribed, strengthens Gold79's position as it accelerates exploration and pursues opportunities to enhance shareholder value in a rising gold price environment," stated Quentin Mai, President of Gold79.
Gross proceeds from the final tranche were $610,000 through the issuance of 2,440,000 units

Gold79 Closes Second Tranche of Upsized Private Placement for Gross Proceeds of $5.5 Million

Mon, 18 Nov 2024 07:00:00 -0500

Ottawa, Ontario--(Newsfile Corp. - November 18, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce the closing of a second tranche of its previously announced $6,000,000 non-brokered private placement financing (the "Offering"), raising gross proceeds in the first and second tranche of $5,500,000 through the issuance of 22,000,002 units at $0.25 per unit.
"This financing has been an excellent opportunity for key investors to acquire meaningful positions as we resume drilling at Gold Chain and advance the project towards a maiden resource," stated Quentin Mai, President of Gold79. "Significantly, this raise exceeds the

Gold79 Closes Second Tranche of Upsized Private Placement for Gross Proceeds of $5.5 Million

Mon, 18 Nov 2024 07:00:00 -0500

Ottawa, Ontario--(Newsfile Corp. - November 18, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce the closing of a second tranche of its previously announced $6,000,000 non-brokered private placement financing (the "Offering"), raising gross proceeds in the first and second tranche of $5,500,000 through the issuance of 22,000,002 units at $0.25 per unit.
"This financing has been an excellent opportunity for key investors to acquire meaningful positions as we resume drilling at Gold Chain and advance the project towards a maiden resource," stated Quentin Mai, President of Gold79. "Significantly, this raise exceeds the

Gold79 Engages Investor Relations Agency Kin Communications Inc.

Wed, 06 Nov 2024 07:00:00 -0500

Ottawa, Ontario--(Newsfile Corp. - November 6, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that it has engaged Kin Communications Inc. ("Kin") to assist with its investor relations activities.
Kin Communications is a full-service investor relations agency with a deep understanding and record of accomplishment in the junior mining exploration and development sector. Kin works towards fostering long-term relationships with shareholders, investment professionals, newsletter writers, and media to assist companies in communicating their corporate message to its prospective audience.
Under the terms of the investor relations agreement, Kin has agreed to assist

Gold79 Engages Investor Relations Agency Kin Communications Inc.

Wed, 06 Nov 2024 07:00:00 -0500

Ottawa, Ontario--(Newsfile Corp. - November 6, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that it has engaged Kin Communications Inc. ("Kin") to assist with its investor relations activities.
Kin Communications is a full-service investor relations agency with a deep understanding and record of accomplishment in the junior mining exploration and development sector. Kin works towards fostering long-term relationships with shareholders, investment professionals, newsletter writers, and media to assist companies in communicating their corporate message to its prospective audience.
Under the terms of the investor relations agreement, Kin has agreed to assist

Gold79 Starts Drilling at Gold Chain Project, Arizona

Thu, 31 Oct 2024 07:00:00 -0500

Ottawa, Ontario--(Newsfile Corp. - October 31, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that it has commenced drilling at its Gold Chain Project in Arizona. This next phase of drilling is expected to consist of seven core holes totaling approximately 1,000m.
Derek Macpherson, Executive Chairman, CEO and Director stated, "We are excited to continue drilling at Gold Chain following up on the drilling success from 2023. Importantly, the first hole of this new program will test below Hole No. GC23-28, which returned 51.1 g/t Au over 9.1m within a broad

Gold79 Starts Drilling at Gold Chain Project, Arizona

Thu, 31 Oct 2024 07:00:00 -0500

Ottawa, Ontario--(Newsfile Corp. - October 31, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that it has commenced drilling at its Gold Chain Project in Arizona. This next phase of drilling is expected to consist of seven core holes totaling approximately 1,000m.
Derek Macpherson, Executive Chairman, CEO and Director stated, "We are excited to continue drilling at Gold Chain following up on the drilling success from 2023. Importantly, the first hole of this new program will test below Hole No. GC23-28, which returned 51.1 g/t Au over 9.1m within a broad

Gold79 Appoints Quentin Mai as President and Brodie Sutherland to the Board of Directors and Increases Financing to $6 Million

Thu, 17 Oct 2024 09:24:00 -0500

Ottawa, Ontario--(Newsfile Corp. - October 17, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that Quentin Mai has been appointed President of Gold79 and Brodie Sutherland has been appointed to the board of directors, effective October 15, 2024, subject to TSXV approval. In conjunction, with these appointments, Derek Macpherson has become Executive Chairman and remains Chief Executive Officer and Gary Thompson has stepped-down as Executive Chairman. Both Mr. Macpherson and Mr. Thompson will remain members of the board of directors of the Company, resulting in the board of directors increasing from

Gold79 Appoints Quentin Mai as President and Brodie Sutherland to the Board of Directors and Increases Financing to $6 Million

Thu, 17 Oct 2024 09:24:00 -0500

Ottawa, Ontario--(Newsfile Corp. - October 17, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that Quentin Mai has been appointed President of Gold79 and Brodie Sutherland has been appointed to the board of directors, effective October 15, 2024, subject to TSXV approval. In conjunction, with these appointments, Derek Macpherson has become Executive Chairman and remains Chief Executive Officer and Gary Thompson has stepped-down as Executive Chairman. Both Mr. Macpherson and Mr. Thompson will remain members of the board of directors of the Company, resulting in the board of directors increasing from

Gold79 Closes First Tranche of Private Placement for $2.19 Million; Prepares for the Start of Drilling at Gold Chain Project, Arizona

Thu, 10 Oct 2024 07:00:00 -0500

Ottawa, Ontario--(Newsfile Corp. - October 10, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce the closing of a first tranche of its previously announced $4,000,000 non-brokered private placement financing (the "Offering"), raising gross proceeds of $2,190,000 through the issuance of 8,760,000 units at $0.25 per unit.
Each unit consists of one common share of the Company and one-half common share purchase warrant. A total of 4,380,000 whole warrants were issued, with each warrant entitling the holder to purchase one common share of the Company at a price of $0.40 per share

Gold79 Closes First Tranche of Private Placement for $2.19 Million; Prepares for the Start of Drilling at Gold Chain Project, Arizona

Thu, 10 Oct 2024 07:00:00 -0500

Ottawa, Ontario--(Newsfile Corp. - October 10, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce the closing of a first tranche of its previously announced $4,000,000 non-brokered private placement financing (the "Offering"), raising gross proceeds of $2,190,000 through the issuance of 8,760,000 units at $0.25 per unit.
Each unit consists of one common share of the Company and one-half common share purchase warrant. A total of 4,380,000 whole warrants were issued, with each warrant entitling the holder to purchase one common share of the Company at a price of $0.40 per share

Bullet Exploration Announces Amendment to Amalgamation Agreement

Wed, 11 Sep 2024 09:04:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - September 11, 2024) - Bullet Exploration Inc. (TSXV: AMMO) ("Bullet" or the "Company") announces that it has amended the terms of its previously announced amalgamation agreement with Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79") and Gold79's wholly-owned subsidiary pursuant to which Gold79 would acquire all of the issued and outstanding shares of Bullet (the "Transaction"). Pursuant to the amendment to the amalgamation agreement, Gold79's non-brokered private placement to raise gross proceeds of $4,000,000 (the "Offering") may be closed in tranches, at any time from now until immediately following the closing of the Transaction.

Bullet Exploration Announces Amendment to Amalgamation Agreement

Wed, 11 Sep 2024 09:04:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - September 11, 2024) - Bullet Exploration Inc. (TSXV: AMMO) ("Bullet" or the "Company") announces that it has amended the terms of its previously announced amalgamation agreement with Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79") and Gold79's wholly-owned subsidiary pursuant to which Gold79 would acquire all of the issued and outstanding shares of Bullet (the "Transaction"). Pursuant to the amendment to the amalgamation agreement, Gold79's non-brokered private placement to raise gross proceeds of $4,000,000 (the "Offering") may be closed in tranches, at any time from now until immediately following the closing of the Transaction.

Gold79 Announces Private Placement Financing of $4,000,000 in Connection with Bullet Merger and Amendment to Amalgamation Agreement

Wed, 11 Sep 2024 07:00:00 -0500

Ottawa, Ontario--(Newsfile Corp. - September 11, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce the initiation of a non-brokered private placement to raise gross proceeds of $4,000,000 (the "Offering").
Gold79 is pursuing the Offering in connection with its previously announced proposed amalgamation agreement with its wholly-owned subsidiary and Bullet Exploration Inc. ("Bullet") to acquire all of the issued and outstanding shares of Bullet (the "Transaction"). The Transaction and the Offering are expected to create a well-funded gold exploration company focused on the southwest United States. Pursuant to an amendment to