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
Lake Victoria Gold Provides an Update on the Imwelo Gold Project Acquisition
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2024) - Lake Victoria Gold Limited. (TSXV: LVG) ("LVG", or the "Company") - is pleased to announced progress on the acquisition of the Imwelo Project mining licence from Tanzoz Minerals Limited in Tanzania (the "Acquisition"). Under the terms of the acquisition agreement, LVG's subsidiary Tembo Gold Tanzania Limited (TGTL) is acquiring the Imwelo mining licence ML538 (the Imwelo Project), which is planned for gold production within 12...
2024-01-18 7:00 AM EST
Tembo Announces Change of Name
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2023) - Tembo Gold Corp. (TSXV: TEM) ("Tembo" or the "Company") announces that further to its news release dated November 30, 2023, the TSX Venture Exchange has approved the Company's name change to Lake Victoria Gold Ltd. The Company's new trading symbol on the TSX-V will be "LVG" . The effective date when the Company will begin trading under the new name and CUSIP number is Thursday, December 21st , 2023. The Company's new CUSIP...
2023-12-18 7:00 AM EST
Tembo Gold Reports Progress of the Acquisition of Dora Project
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2023) - Tembo Gold Corp. (TSXV: TEM) ("Tembo", or the "Company") is pleased to provide an update on the recently announced License Purchase Agreement of the Dora project. The Company is pleased to report that it has satisfied its obligations regarding payment terms of the purchase agreement, and the process of transferring the license has commenced. The Company expects the transfer to be completed during Q1 2024. The potential future...
2023-12-14 7:00 AM EST
Tembo Gold Grants RSUs
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2023) - Tembo Gold Corp. (TSXV: TEM) ("Tembo" or the "Company") — announces that pursuant to the equity incentive plan adopted by the Company in June 2022, the Company has granted 9,600,000 restricted share units ("RSUs") to its directors, officers and employees. The RSUs vest four months from the grant date. On Behalf of the Board of Directors of Tembo, Simon Benstead Executive Chairman & CFO Phone: +1 604-685-9316 Email:...
2023-12-08 5:30 PM EST
With the Support of New Strategic Partner Taifa Group, Tembo to Change Name and Reposition for Growth and Consolidation in Tanzania
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2023) - Tembo Gold Corp. (TSXV: TEM) ("Tembo" or the "Company") announces its plans for a new corporate identity and strategy. Further to its news releases dated August 10th & 29th, 2023 regarding the acquisition of the Imwelo & Dora Gold Projects (the "Projects") with combined historical resources of over 800,000 ounces and the C$11,520,000 financing with Taifa Group ("Taifa"), now is the right time to amend our corporate identity...
2023-11-30 8:36 AM EST
Tembo Reports the Progress of Barrick's Exploration Program on Licenses Acquired from Tembo Gold
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2023) - Tembo Gold Corp. (TSXV: TEM) (FSE: T23A) ("Tembo" or the "Company") is pleased to report that Bulyanhulu Gold Mine Limited ("Buly"), a subsidiary of Barrick Gold Corporation ("Barrick"), has provided the Company with a report on work completed on the six non-core licenses sold to Buly through the Asset Purchase Agreement (APA) signed on December 7, 2021 between Mineral Industry Promotion and Consulting Company Limited ("MIP")...
2023-11-16 7:00 AM EST
Tembo Gold Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2023) - Tembo Gold Corp. (TSXV: TEM) ("Tembo", or the "Company") — is pleased to provide this update to its news release dated August 10th, 2023 regarding the acquisition of the Imwelo Gold Project (the "Project") in Tanzania, and the C$11,520,000 financing with Taifa Group ("Taifa"). The Company continues to work to obtain the required regulatory approvals in Tanzania to complete the acquisition of the Imwelo property. The Company...
2023-11-07 4:15 PM EST
Tembo Gold Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2023) - Tembo Gold Corp. (TSXV: TEM) ("Tembo", or the "Company") - is pleased to provide this update to its news release dated August 10th, 2023 regarding the acquisition of the Imwelo Gold Project (the "Project") in Tanzania, and the C$11,520,000 financing with Taifa Group ("Taifa"). The Company has received conditional approval from the TSXV and is in the process of obtaining the required regulatory approvals in Tanzania, in order...
2023-09-22 7:00 AM EDT
Tembo Gold Announces Acquisition of Property Adjacent to Recently Announced Imwelo Property
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2023) - Tembo Gold Corp. (TSXV: TEM) ("Tembo", or the "Company") - is pleased to announce that its subsidiary Tembo Gold Tanzania Limited (the "Subsidiary") has entered into a License Purchase Agreement dated August 28th, 2023 (the "Agreement") with an arm's length private Tanzanian Citizen, pursuant to which the Subsidiary will acquire (the "Acquisition") the Dora Gold Project (the "Project") in Tanzania. The Project The Project...
2023-08-29 7:00 AM EDT
Tembo Gold Announces Transformative Acquisition and Landmark Investment from Tanzanian Strategic Investor
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2023) - Tembo Gold Corp. (TSXV: TEM) ("Tembo", or the "Company") is pleased to announce that it has entered into a Licences Purchase Agreement dated August 9th, 2023 (the "Agreement") with Lake Victoria Gold Ltd. ("LVG"), a private Australian company, pursuant to which the Company will acquire (the "Acquisition"), indirectly through its wholly-owned subsidiary Tembo Gold Tanzania Limited, LVG's Imwelo Gold Project (the "Project") in...
2023-08-10 7:00 AM EDT