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
GTA Announces Receipt of Loan and Expressions of Interest on Its Assets
Burlington, Ontario--(Newsfile Corp. - October 30, 2018) - Further to its press release of October 17, 2018 GTA Resources and Mining Inc. ("GTA") (TSXV: GTA) announces the execution of formal documentation for the previously announced loan (the "Loan") from an arm's length party (the "Lender"). Further to the formal documentation, GTA been advanced $275,000 (two hundred seventy-five thousand dollars) from the Lender. The terms of the Loan are set out in the October 17 press release.GTA on October 19, 2018...
2018-10-30 6:28 PM EDT
GTA Announces Sale of Assets and Likely Change of Business
Burlington, Ontario--(Newsfile Corp. - October 19, 2018) - On October 17, 2018, GTA Resources and Mining Inc. (TSXV: GTA) ("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 then acquire assets in another industry in which the Lender may already...
2018-10-19 8:00 AM EDT
GTA Announces Loan and Possible Sale of Assets
Burlington, Ontario--(Newsfile Corp. - October 17, 2018) - GTA Resources and Mining Inc. (TSXV: GTA) ("GTA" or the "Company") announces it has 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").The Loan is to be secured by a debenture, has a term of one year, accrues simple interest at ten per cent per annum payable on the last day of the term, and is to be...
2018-10-17 8:00 AM EDT
GTA Announces Grant of Incentive Stock Options
Burlington, Ontario--(Newsfile Corp. - April 20, 2018) - GTA Mining and Resources Inc. (TSXV: GTA) ("GTA" or the "Company")announces the grant of incentive stock options. GTA announces that it has granted an aggregate of 1,350,000 (one million three hundred and fifty) options to management, directors and consultants, with a five year term and an exercise price of $0.05 per common share. Vesting of the options is immediate with respect to 1,225,000 options and six months from the date of...
2018-04-20 11:27 AM EDT
Final Assay Results from GTA's Big Duck Lake Project Produces "Bonanza" Grade of 823.1 Gold/tonne Over 0.5 Metres
Burlington, Ontario--(Newsfile Corp. - January 29, 2018) - GTA Mining and Resources Inc. ("GTA" or the "Company") (TSXV: GTA) is pleased to report the results from a check assay completed on core from the recently completed drill program at Big Duck Lake.Initial analysis as reported in the GTA press release dated Jan 15, 2018 (www.gtaresources.com/news.html) included one over-limit sample from Hole BD17-01 initially reported as >10 grams per tonne (g/t) gold over 0.5 metres (m). This sample was re-run using...
2018-01-29 8:00 AM EST
GTA's Big Duck Lake Drill Program; All Holes Hit Gold Zone; Gold Values Include 5.90 g/t Gold Over 5.0 M and 3.05 g/t Gold Over 8.0 M
Burlington, Ontario--(Newsfile Corp. - January 15, 2018) - GTA Mining and Resources Inc. (TSXV: GTA) ("GTA" or the "Company") reports drill results from the initial phase of drilling on its 100% owned Big Duck Lake Property (the "Property") located 25 km north of Schreiber, Ontario.The drill program consisted of four (thin wall BQ size) holes totaling 512 metres targeted on the Coco-Estelle Gold Zone. All holes hit the Zone. Management considers this program to have been highly successful.Results include 1.96...
2018-01-15 8:00 AM EST
GTA Announces Closing of Private Placement and Provides Operational Update
Burlington, Ontario--(Newsfile Corp. - December 18, 2017) - GTA Resources and Mining Inc. (TSXV: GTA) is pleased to announce that it has closed on non-brokered private placement financing previously announced on August 30, 2017 and updated on September 26, 2017. The Financing consisted of Common Units and Flow-through Units.The first tranche of the financing consisted of 1,000,000 flow-through share units ("Flow-through Units") for gross proceeds of $50,000, at a price of $0.05 per Flow-through Unit, with...
2017-12-18 3:45 PM EST
GTA Completes Purchase of Big Duck Lake Project and Begins Initial Drill Program
Burlington, Ontario--(Newsfile Corp. - November 14, 2017) - GTA Resources and Mining Inc. (TSXV: GTA) is pleased to report it has completed the acquisition of the Big Duck Lake gold property (the "Property" or "Big Duck Lake"), subject to an NSR, just in time for the beginning of a drill program on the property.Big Duck Lake is located 25 km north of GTA's Northshore property (indicated resources of 191,000 oz Au oz and inferred resources of 824,000 oz Au; see...
2017-11-14 7:00 AM EST
GTA Resources to Celebrate 10th Anniversary by Ringing Closing Bell at TSX Venture Exchange
Burlington, Ontario--(Newsfile Corp. - November 7, 2017) - In celebration of its tenth anniversary of being listed on TSX Venture Exchange, GTA Resources and Mining Inc. (TSXV: GTA) has been invited to ring the closing bell on Monday, November 20, 2017."GTA Resources is tremendously honoured by this invitation," said GTA's CEO Peter M. Clausi. "Our team has emerged from one of the most brutal mining downturns in history, during which time we efficiently proved up over one million ounces of...
2017-11-07 12:52 PM EST
GTA Provides Update on Drill Program at Big Duck Lake and on Ongoing Crowdfunding
Burlington, Ontario--(Newsfile Corp. - October 24, 2017) - GTA Resources and Mining Inc. (TSXV: GTA) provides an operational update on the autumn 2017 drill program at Big Duck Lake in the Hemlo Gold Camp. GTA's technical team is now in the field finalizing drill hole locations and logistics.GTA's treasury is more than adequately funded for this round of exploration under GTA's crowdfunding efforts by way of an Existing Shareholder Exempt Financing. The Existing Shareholder Exempt Financing continues on previously announced...
2017-10-24 8:00 AM EDT