GTA Financecorp

Recent News

GTA and Tiidal Gaming Group Inc. Announce Subscription Receipt Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - March 11, 2021) - GTA Financecorp Inc. ("GTA" or the "Company") and Tiidal Gaming Group Inc. ("Tiidal") are pleased to announce that Tiidal proposes to complete a private placement financing to be co-led by Beacon Securities Limited, as sole bookrunner, and Echelon Wealth Partners Inc. (the "Co-Lead Agents") of subscription receipts (the "Subscription Receipts") for aggregate gross proceeds of up to $5,000,000 or such other amount as Tiidal and the Co-Lead Agents may agree (the "Concurrent...
2021-03-11 8:00 AM EST
GTA Announces Definitive Merger Agreement with GameWorks and Change of Business from Resources to Gaming and Esports
Burlington, Ontario--(Newsfile Corp. - October 21, 2019) - GTA Financecorp Inc. (formerly known as GTA Resources and Mining Inc.) ("GTA") announces it has entered into a definitive agreement (the "Agreement") with GameWorks, Inc. ("GameWorks") and with GameWorks' largest shareholder (collectively, the "Parties") to effect a reverse merger transaction (the "RTO"). It is the Parties' intention that the resulting issuer (the "Resulting Issuer") will apply to list its shares on the Canadian Securities Exchange.GameWorks is an esports entertainment company founded...
2019-10-21 5:00 AM EDT
GTA Financecorp Inc. Announces Closing of Asset Sale to CBLT Inc. and Dividend
Burlington, Ontario--(Newsfile Corp. - March 19, 2019) - GTA Financecorp Inc. (formerly known as GTA Resources and Mining Inc.) ("GTA") announces it has closed on the previously announced sale of all of its mining assets to CBLT Inc. ("CBLT"), in consideration of the issuance of 21 million shares and 21 million warrants (the "Payment Securities") from CBLT's treasury.There is a four month and a day hold period on the Payment Securities. GTA's board has authorized the declaration of a one-time...
2019-03-19 8:00 AM EDT
GTA Reports 124.5 Metres Grading 1.05 G/t Gold from Northshore Joint Venture
Burlington, Ontario--(Newsfile Corp. - February 25, 2019) - GTA Resources and Mining Inc. ("GTA" or the "Company") announces the assay results from three drill holes completed in December, 2018 on the Northshore Property located near Schreiber, Ontario. The program included two long holes that tested the Afric Gold Deposit beneath the previously outlined resource. They successfully expanded the Deposit, leaving it open for additional delineation at depth, in particular to the east and northeast. The Afric Gold Deposit...
2019-02-25 7:30 AM EST
GTA Provides Update on Corporate Strategy and Delisting
Burlington, Ontario--(Newsfile Corp. - February 4, 2019) - GTA Resources and Mining Inc. (TSXV: GTA) ("GTA") today reconvened its adjourned annual and special shareholders meeting, as announced on January 21, 2019 and further to the resolution passed on January 7, 2019. The only resolution passed today was to formally terminate such meeting. Please see the press releases of January 7 and January 21 for definitions of the terms used below.At the January 7, 2019 shareholder meeting and motivated in...
2019-02-04 12:19 PM EST
GTA Announces Intention to Delist and Confirms Sale of Assets to CBLT Inc.
Burlington, Ontario--(Newsfile Corp. - January 21, 2019) - GTA Resources and Mining Inc. (TSXV: GTA) ("GTA") on January 7, 2019 reported its shareholders had approved the sale of all its mining assets to CBLT Inc. pursuant to an agreement between them (the "CBLT Agreement"). The shareholders also approved all other resolutions proposed by management, including the delisting of GTA's shares from the TSX Venture Exchange, which meant GTA was in compliance with all conditions of the Loan (see earlier GTA press release of...
2019-01-21 8:00 AM EST
GTA Announces Results of Shareholder Meeting and Non-Binding Offer for All Assets
Burlington, Ontario--(Newsfile Corp. - January 7, 2019) - GTA Resources and Mining Inc. (TSXV: GTA) ("GTA") reports that at the Annual and Special Shareholder Meeting held January 7, 2019 (the "AGM"), shareholders passed all management resolutions proposed in the Management Information Circular (the"Circular"). All existing directors were re-elected including Peter M. Clausi, Brian Crawford, Wayne Reid, Julio DiGirolamo and J. Birks Bovaird.Among the resolutions passed, the shareholders approved the sale of all the assets of GTA to CBLT Inc., on terms set out...
2019-01-07 2:06 PM EST
GTA Signs Definitive Agreement for Sale of Assets
Burlington, Ontario--(Newsfile Corp. - November 28, 2018) - GTA Resources and Mining Inc. (TSXV: GTA) ("GTA") and CBLT Inc. ("CBLT") have signed a definitive agreement (the "Sale Agreement") by which GTA will sell all its mining assets ("the Assets") to CBLT.GTA has previously announced it had received gross proceeds of $425,000 (four hundred twenty-five thousand dollars) pursuant to a loan (the "Loan") from an arm's length party (the "Lender"). GTA has used those funds in part to honour its...
2018-11-28 4:05 PM EST
GTA Updates LOI for Sale of Assets
Burlington, Ontario--(Newsfile Corp. - November 26, 2018) - GTA Resources and Mining Inc. (TSXV: GTA) ("GTA") provides an update on the sale of all its mining assets.On October 17, 2018 GTA announced it had entered into an agreement for a loan of $425,000 (four hundred twenty-five thousand dollars) (the "Loan") from an arm's length party (the "Lender"). GTA also announced that it and the Lender were in discussions whereby GTA would divest itself of all its mining assets and...
2018-11-26 1:44 PM EST
GTA Commences Drill Program at Northshore Gold
Burlington, Ontario--(Newsfile Corp. - November 9, 2018) - GTA Resources and Mining Inc. (TSXV: GTA) ("GTA") is pleased to announce the initiation of an approximately 1,000 meter drill program at its Northshore Gold project, located in the Hemlo-Schreiber Gold Belt.Several of GTA's prior drill holes terminated in mineralization at depth. The deepest hole to date (WB-12-33) undercut the central part of the Afric Zone with results including 1.37 g/t Au over 68.0 m. This intersection was 350 m below...
2018-11-09 8:00 AM EST

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