Lake Victoria Gold Announces Closing of Non-Brokered Concurrent Private Placement of $2 Million
Vancouver, British Columbia--(Newsfile Corp. - October 20, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("LVG" or the "Company") announces that in addition to the closing of the LIFE Private Placement announced on September 17, 2025, the Company is pleased to announce that it has now closed its non-brokered concurrent private placement (the "Concurrent Private Placement" together with the LIFE Private Placement, the "Private Placement") through the issuance of...
2025-10-20 3:00 AM EDT
Lake Victoria Gold Announces Imwelo Area C Drilling Underway: 4,000 m to Finalize Pit Design & Grow Ounces
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("LVG" or the "Company") is pleased to announce that drilling is underway on a 4,000-metre, multi-purpose program at the fully permitted Imwelo Gold Project in northwestern Tanzania. The first of approximately 24 planned holes has commenced at Area C, the location of the Company's planned initial open pit at Imwelo. The program integrates reverse-circulation (RC)...
2025-10-09 3:00 AM EDT
Building the Starter Pit: Lake Victoria Gold Mobilizes Drill Rig at Imwelo's Area C
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("LVG" or the "Company") is pleased to announce the commencement of a 4,000-metre, multi-purpose drilling campaign at the Area C zone of its fully permitted Imwelo Gold Project in northwestern Tanzania. The program is designed to support short-term production readiness, resource expansion and conversion, and final pit design optimization. This campaign forms a key...
2025-10-01 6:00 AM EDT
Lake Victoria Gold Reaches Agreement in Principle with Government of Tanzania on Free Carried Interest Framework
Vancouver, British Columbia--(Newsfile Corp. - September 18, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("Lake Victoria Gold" or the "Company") is pleased to announce that its Tanzanian subsidiary, Tembo Gold (T) Limited ("Tembo"), has reached an agreement in principle with the Government of Tanzania on the major issues surrounding the Government's statutory free carried interest in the Imwelo Gold Project. The statutory negotiation meeting was held on September 10,...
2025-09-18 6:00 AM EDT
Lake Victoria Gold Announces Closing of Oversubscribed Non-Brokered LIFE Private Placement of Units for $6 Million and Upsize of Concurrent Private Placement to $2 Million
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) ("LVG" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement (the "LIFE Private Placement") consisting of the issuance of 34,285,715 units of the Company (the "Units") at a price of $0.175 per Unit, for aggregate gross proceeds to the Company of $6,000,000.13. The LIFE Private Placement was subject to a minimum amount of...
2025-09-17 6:00 AM EDT
Lake Victoria Gold Secures Updated Environmental Approval, Strengthening Development Pathway at Imwelo
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("LVG" or the "Company") is pleased to announce that the Tanzanian National Environment Management Council ("NEMC") has approved the updated Environmental and Social Management Plan ("ESMP") for the Imwelo Gold Project, located in the Geita Region of northwestern Tanzania. The ESMP update was undertaken to reflect changes since the original study completed in 2013,...
2025-08-21 6:00 AM EDT
Lake Victoria Gold Announces Non-Brokered LIFE Private Placement of Units and Concurrent Private Placement of Common Shares
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2025) - 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 "LIFE Private Placement") consisting of the issuance of units of the Company (the "Units") at a price of $0.175 per Unit, for aggregate gross proceeds to the Company of up to $6,000,000. The LIFE Private Placement is subject to a minimum offering amount of $3,000,000. Each Unit will...
2025-07-31 6:00 AM EDT
Lake Victoria Gold Issues Shares to Pay Debenture Interest
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("LVG" or the "Company") announces that further to its news release dated July 3rd 2025 the Company, having received TSX Venture Exchange approval, has issued to debenture holders an aggregate of 228,872 common shares in the capital of the Company (the "Shares") at a price of $0.195 per Share, as determined in accordance with the terms of the $750,000 of convertible...
2025-07-23 6:00 AM EDT
Lake Victoria Gold Provides Update on Nyati Plant Construction and Progress Toward Binding Agreement
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("LVG" or the "Company") is pleased to provide an update on the construction progress of the gold processing facility owned by Nyati Resources (T) Limited ("Nyati") in Tanzania, and on the advancement of negotiations toward a binding agreement. David Scott, Managing Director Tanzania & Director of LVG, commented following a recent site visit: "It was impressive to see...
2025-07-18 6:00 AM EDT
Lake Victoria Gold to Issue Shares to Pay Debenture Interest
Vancouver, British Columbia--(Newsfile Corp. - July 3, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("LVG" or the "Company") announces that under the terms of the $750,000 of convertible debentures issued on July 26, 2024 and August 8, 2024, it has elected to satisfy its obligation to pay an aggregate of $44,630 in interest accrued on the convertible debentures up to June 30th 2025 by issuing to such debenture holders an aggregate of 228,872 common shares in the...
2025-07-03 6:00 AM EDT
Lake Victoria Gold Launches Multi-Purpose Drill Program at Imwelo Area C to Support Mine Readiness
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("LVG" or the "Company") is pleased to announce a 7,750 metre, multi-purpose drilling campaign at the Area C zone of its fully permitted Imwelo Gold Project in northwestern Tanzania. The program is designed to support short-term production readiness, resource conversion, and final pit design optimization, with completion targeted for Q3 2025. This campaign forms a key...
2025-06-25 6:00 AM EDT
Lake Victoria Gold Positioned to Benefit as Barrick Expands 2025 Drill Campaign
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("LVG" or the "Company") is pleased to provide an update on exploration activities conducted during Q1 2025 by Bulyanhulu Gold Mine Limited ("Buly"), a joint venture between Barrick Mining Corporation ("Barrick") and the Government of Tanzania. These activities form part of the US$9 million exploration expenditure commitment made by Buly as part of the Asset Purchase...
2025-06-12 6:00 AM EDT
Lake Victoria Gold Plans Strategic Resource Drilling Campaign at Ngula 1 to Support Processing JV
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("LVG" or the "Company") is pleased to announce that will undertake a 3,000m reverse circulation (RC) drilling program within a recently granted mining licence (April 9, 2025) at Ngula 1, to delineate and evaluate a shallow resource. The goal is to establish sufficient resource to provide mineralized material to feed the recently announced (May 1, 2025) opportunity to...
2025-05-29 6:00 AM EDT
Lake Victoria Gold Engages Nesch Mintech for Commissioning Audit of Nyati Gold Processing Plant
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) ("LVG" or the "Company") is pleased to announce that it has formally engaged Nesch Mintech Tanzania Limited to conduct an independent commissioning audit and technical due diligence of the gold processing plant owned by Nyati Resources (T) Limited ("Nyati"). This work supports LVG's evaluation of a proposed joint venture with Nyati, focused on regional gold processing and...
2025-05-08 6:00 AM EDT
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