Lake Victoria Gold Announces Results of the Annual and Special Meeting of Shareholders
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) ("Lake Victoria Gold" or the "Company") is pleased to report that at the Annual and Special Meeting of Shareholders of the Company (the "Meeting") held on May 7, 2025, the shareholders elected Marc Cernovitch, Simon Benstead, David Scott, Frank Högel, Seth Dickinson, Dean Comand and Richard Reynolds as directors of the Company. Shareholders also passed ordinary resolutions to...
2025-05-07 5:00 PM EDT
Lake Victoria Gold Ltd. Announces Signing of Letter of Intent for Proposed Small Scale Development at Tembo Project
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) ("Lake Victoria Gold" or the "Company") is pleased to announce that its wholly-owned subsidiary, Mineral Industry Promotion and Consulting Company Limited ("MIP"), has entered into a non-binding Letter of Intent ("LOI"), dated May 1, 2025, with Nyati Resources (T) Limited ("Nyati") to evaluate a potential small-scale gold development opportunity at the Company's Tembo Project in...
2025-05-01 6:30 AM EDT
Lake Victoria Gold Evaluates Small-Scale Development Concept at Tembo Project
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) ("LVG", or the "Company") is pleased to provide an update on its wholly owned Tembo Project in northern Tanzania, where the Company is evaluating a small-scale mining and processing opportunity aimed at generating early cash flow to support its broader exploration strategy. The initiative involves assessing the potential to extract and process near-surface material using existing...
2025-04-24 6:30 AM EDT
Lake Victoria Gold Provides Update on Tembo Project Following Mining License Conversion
Vancouver, British Columbia--(Newsfile Corp. - April 9, 2025) - Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) ("LVG", or the "Company") is pleased to announce an important milestone in the advancement of its Tembo Project, located in the Lake Victoria Goldfield of northern Tanzania, following the successful conversion of its Prospecting License into four Mining Licenses (MLs) This milestone marks a significant advancement in LVG's strategy to unlock the potential of Tembo, which has already...
2025-04-09 6:30 AM EDT
Lake Victoria Gold Welcomes Richard Reynolds to Its Board of Directors in Connection with Taifa Group Strategic Partnership
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2025) - Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) ("LVG", or the "Company") is pleased to announce the appointment of Richard Reynolds to its Board of Directors. Mr. Reynolds brings over three decades of experience in mining, infrastructure, logistics, and commercial development, with a strong track record of success across East Africa and the UAE. Mr. Reynolds' appointment marks an important step in strengthening LVG's strategic...
2025-04-03 6:30 AM EDT
Lake Victoria Gold Update on Exploration of Licences Adjacent to the Tembo Project Acquired by Barrick
Vancouver, British Columbia--(Newsfile Corp. - March 12, 2025) - Lake Victoria Gold (TSXV: LVG) ("LVG", or the "Company") is pleased to provide an update on the Q3 and Q4 2024 exploration activities conducted by Bulyanhulu Gold Mine Limited ("Buly"), a partnership between Barrick Gold Corporation ("Barrick") and the Government of Tanzania, on the licenses LVG sold to Buly in 2022 ("the Project"). Buly continues to advance exploration at the Project, targeting extensions of Bulyanhulu-style...
2025-03-12 6:30 AM EDT
Lake Victoria Gold Announces the Completion of Its Acquisition of the Imwelo Mining License and $3,520,000 Concurrent Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) ("LVG" or the "Company") is pleased to announce that it has completed the acquisition (the "Acquisition") of mining licence ML 538/2015 comprising the Imwelo gold project located in Tanzania (the "Imwelo Project") through the Company's wholly-owned subsidiary Tembo Gold Tanzania Limited (the "Purchaser"), as initially announced in the Company's press release dated August 10, 2023. Pursuant...
2025-02-28 1:20 PM EST
Lake Victoria Gold Signs Term Sheet for up to 7,000 Ounces Gold Pre-Pay Forward Purchase Facility
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2024) - Lake Victoria Gold Ltd. (TSXV: LVG) ("LVG" or the "Company") is pleased to announce that on November 30th 2024 a non-binding term sheet was signed with Monetary Metals & Co. ("MM" or "Buyer") for a pre-paid forward arrangement (the "PPF"). The PPF includes a forward purchase of 7,000 ounces of gold to support the start-up and ongoing development of the Imwelo Mine in Tanzania. Additionally, MM will be entitled to an offtake of...
2024-12-03 6:30 AM EST
Lake Victoria Gold Announces Completion of 10-Year Renewal and Transfer of Imwelo Mining License
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2024) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) ("LVG" or the "Company") is pleased to announce that the Tanzanian Mining Commission has officially completed the 10-year renewal and authorization to transfer the Imwelo Mining License ("ML") to LVG, indirectly through its wholly-owned subsidiary Tembo Gold Tanzania Limited. This significant milestone secures LVG's long-term rights to the Imwelo Project and provides a solid...
2024-11-07 6:30 AM EST
Lake Victoria Gold Update on Exploration of Licences Adjacent to the Tembo Project Acquired by Barrick
Vancouver, British Columbia--(Newsfile Corp. - September 10, 2024) - Lake Victoria Gold (TSXV: LVG) ("LVG", or the "Company") is pleased to provide an update on the Q1 and Q2 2024 exploration activities conducted by Bulyanhulu Gold Mine Limited ("Buly"), a partnership between Barrick Gold Corporation ("Barrick") and the Government of Tanzania, on the licenses LVG sold to Buly in 2022. Q1-Q2 Exploration Highlights: Rainy Season Impacts: The first quarter was significantly hampered by an...
2024-09-10 7:00 AM EDT
Lake Victoria Gold Announces Submission of Final Documentation for 10-Year Renewal and Transfer of Imwelo Mining License
Vancouver, British Columbia--(Newsfile Corp. - September 4, 2024) - Lake Victoria Gold (TSXV: LVG) ("LVG", or the "Company") is pleased to announce that all required documentation has been successfully submitted to the Tanzanian Mining Commission for both the 10-year renewal of the Imwelo Mining License ("ML") and the transfer of the mining license to LVG. This submission includes updated Mining, Environmental, and Closure Plans, along with the necessary commitments to commence development...
2024-09-04 7:00 AM EDT
Lake Victoria Gold Announces Second Tranche Closing and Increase in Size of Its Non-Brokered Private Placement of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - August 8, 2024) - Lake Victoria Gold Ltd. (TSXV: LVG) ("LVG", or the "Company") - is pleased to announce that it has closed the second tranche of its non-brokered private placement announced on July 15, 2024 (the "Private Placement") of unsecured convertible debentures (each, a "Debenture") for gross proceeds to the Company of $187,000. The Company closed an initial tranche of the Private Placement on July 26, 2024 for gross proceeds of $563,000....
2024-08-08 2:29 PM EDT
Lake Victoria Gold Announces 10-Year Renewal of Imwelo Mining License
Vancouver, British Columbia--(Newsfile Corp. - August 7, 2024) - Lake Victoria Gold Ltd. (TSXV: LVG) ("LVG", or the "Company") - is pleased to announce that Tanzoz Minerals Ltd.'s ("TML") application to the Tanzanian Mining Commission for a 10-year renewal of the Imwelo Mining License ("ML") has been accepted subject to certain conditions. TML is required to submit updated Mining, Environmental, and Closure Plans, commit to commence development within 90 days, as well as pay the license...
2024-08-07 7:00 AM EDT
Lake Victoria Gold Announces First Tranche Closing of Its Non-Brokered Private Placement of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - July 26, 2024) - Lake Victoria Gold Ltd. (TSXV: LVG) ("LVG", or the "Company") - is pleased to announce that it has closed the first tranche of its non-brokered private placement announced on July 15, 2024 (the "Private Placement") of unsecured convertible debentures (each, a "Debenture") for gross proceeds to the Company of $563,000. The Company intends to close a subsequent tranche of the Private Placement to raise aggregate gross proceeds,...
2024-07-26 7:00 AM EDT
Lake Victoria Gold Announces Receipt of Tax Clearance Certificate for Imwelo Project Acquisition
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2024) - Lake Victoria Gold Ltd. (TSXV: LVG) ("LVG", or the "Company") - is pleased to announce that it has received the Tax Clearance Certificate from the Tanzanian Revenue Authority ("TRA") for the acquisition of the Imwelo Mining License ("ML"). This significant milestone marks the final requirement for the transfer of the Imwelo Mining License to LVG by the Tanzanian Mining Commission. Key Milestone Achieved Marc Cernovitch, CEO &...
2024-07-18 7:00 AM EDT
Lake Victoria Gold Announces Non-Brokered Private Placement of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2024) - Lake Victoria Gold Ltd. (TSXV: LVG) ("LVG", or the "Company") – is pleased to announce that it intends to complete a non-brokered private placement (the "Private Placement") of unsecured convertible debentures (each, a "Debenture") to raise gross proceeds to the Company of up to $750,000. Each Debenture will bear interest at 12% per annum payable quarterly, which interest, may at the option of the Company be settled in cash or in...
2024-07-15 1:46 PM EDT
Lake Victoria Gold Provides Update on Acquisition of Imwelo Project
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2024) - Lake Victoria Gold (TSXV: LVG) ("LVG", or the "Company") - is pleased to report that it has received the tax assessment from the Tanzanian Revenue Authority ("TRA") on the taxes to be paid on the acquisition of the Imwelo Mining license (the "ML"). The taxes owing are within the expected budgeted range and are nominal in nature. Payment of the taxes will be made shortly, upon which the TRA will deliver a tax clearance...
2024-06-27 7:00 AM EDT
Lake Victoria Gold Provides a General Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - Lake Victoria Gold (TSXV: LVG) ("LVG", or the "Company") — is pleased to provide an update and report on the progress of corporate and technical developments. Imwelo Property Update The recent Fair Competition Commission approval for the acquisition of the Imwelo Mining License ("ML") represents an important regulatory milestone, moving the project closer to the transfer of the ML. Concurrently, the Tanzania Revenue Authority is in...
2024-05-08 7:00 AM EDT
Lake Victoria Gold Announces the Approval by the Tanzanian Fair Competition Commission of the Imwelo Mining Licence Acquisition
Vancouver, British Columbia--(Newsfile Corp. - March 12, 2024) - Lake Victoria Gold Ltd. (TSXV: LVG) ("LVG", or the "Company") is pleased to announce a significant step forward in the Company's subsidiary Tembo Gold (T) Ltd's (TGTL) acquisition of the Imwelo mining licence from Tanzoz Minerals Limited announced on August 10, 2023 (https://lakevictoriagold.com/tembo-gold-announces-transformative-acquisition-and-landmark-investment-from-tanzanian-strategic-investor/) with the Tanzanian Fair...
2024-03-12 7:00 AM EDT
Lake Victoria Gold Announces Results of Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - February 8, 2024) - Lake Victoria Gold Limited. (TSXV: LVG) ("LVG", or the "Company") — is pleased to report that at the annual general meeting of shareholders of the Company (the "Meeting") held on February 7, 2024, the shareholders elected incumbent directors Marc Cernovitch, Simon Benstead, David Scott, Frank Högel and Seth Dickinson to the Board. In addition, shareholders elected new director Dean Comand. Mr. Comand is a self-employed...
2024-02-08 7:00 AM EST