Ecuador Gold Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - April 20, 2016) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company") announces that it has granted its directors, officers and consultants stock options (the "Options") to purchase a total of 1,175,000 common shares of the Company in accordance with its Stock Option Plan and subject to the policies of the TSX Venture Exchange. The Options are exercisable at a price of $0.30 per share, being the closing price of the Company's shares on April...
2016-04-20 1:52 PM EDT
Ecuador Gold Announces Amendment of Outstanding Debentures and Closing of an Additional US$500,000 of Debentures
Toronto, Ontario--(Newsfile Corp. - March 31, 2016) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"), is pleased to announce that, further to the Special Meeting of the Company's shareholders held on March 4, 2016, a majority of the minority shareholders approved the amendment of the terms of all outstanding senior secured convertible debentures (the "Debentures") (the "Debenture Amendments"), which have an aggregate principal amount of US$2,605,000, to extend the maturity date of...
2016-03-31 6:58 PM EDT
Ecuador Gold Announces Successful Special Shareholders Meeting, Share Consolidation and New Articles
Vancouver, British Columbia--(Newsfile Corp. - March 11, 2016) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company") is pleased to announce that its shareholders voted by wide margin to approve all matters at the Special Meeting of the Shareholders of the Company held on March 4, 2016 (the "Meeting"). Specifically, the shareholders voted 97.5% in favour of the 10-to-1 share consolidation, 97.6% in favour of replacing the Articles of the Company with newer modernized Articles, and 97.6%...
2016-03-11 1:18 PM EST
Ecuador Gold Announces Shareholder Meeting and Clarifies Proposed Consolidation, Agreement on Extension of Maturity Date and Conversion Price of Debentures, and Additional US$500,000 of Debentures
Toronto, Ontario--(Newsfile Corp. - February 1, 2016) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"), is pleased to announce, as an amendment and restatement of its previous news release dated January 29, 2016, that it has agreed in an agreement dated January 29, 2016 (the "Amendment Agreement") to amend the terms of all outstanding senior secured convertible debentures (the "Debentures") (the "Debenture Amendments"), which have an aggregate principal amount of US$2,605,000, to...
2016-02-01 2:08 PM EST
Ecuador Gold Announces Proposed Consolidation, Agreement on Extension of Maturity Date and Conversion Price of Debentures, and an Additional US$500,000 of New Debentures
Toronto, Ontario--(Newsfile Corp. - January 29, 2016) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"), is pleased to announce that it has agreed to amend the terms of all outstanding senior secured convertible debentures (the "Debentures") (the "Debenture Amendments"), which have an aggregate principal amount of US$2,605,000, to extend the maturity date of the Debentures to March 5, 2016 in exchange for a new conversion price on a post-consolidation basis of $0.15 per Unit (the "New...
2016-01-29 1:02 PM EST
Ecuador Gold Announces Closing of US$1,275,000 Debenture Offering
Toronto, Ontario--(Newsfile Corp. - November 2, 2015) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"), is pleased to announce that further to its news release made on October 23, 2015, it has closed an additional tranche of the non-brokered private placement debenture offering effective October 30, 2015 (the "Debenture Offering") raising aggregate gross proceeds totalling an aggregate of US$1,275,000, including US$67,000 as of April 30, 2015 as described in the Company's news...
2015-11-02 7:08 PM EST
Ecuador Gold and Copper Corp. Announces Debenture Offering of US$1,275,000
Toronto, Ontario--(Newsfile Corp. - October 23, 2015) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company") is pleased to announce that it intends to undertake an additional debenture offering (the "Debenture Offering"), which is increased beyond the amount previously contemplated in a news release dated June 3, 2015 and in addition to the debenture offering first announced in a news release dated March 10, 2015 (the "March Offering"), to raise further aggregate gross proceeds of up to...
2015-10-23 7:23 PM EDT
Ecuador Gold Announces Change in Officers and New Ecuador Subsidiary
Toronto, Ontario--(Newsfile Corp. - September 22, 2015) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"), is pleased to announce that the Company's Interim CEO, Mr. Heye Daun, has accepted the role as the Company's Chief Executive Officer and President effective as of August 31, 2015. Mr. Daun was elected as a Director of the Company at the annual general meeting of shareholders on June 18, 2015 and was appointed as Interim CEO on June 29, 2015. Mr. Daun now replaces Mr. Glenn Laing,...
2015-09-22 6:23 PM EDT
Ecuador Gold Announces Election of a New Board of Directors
Toronto, Ontario--(Newsfile Corp. - June 19, 2015) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"), is pleased to announce at its annual general meeting of shareholders held yesterday that the shareholders have elected a new board of directors for the Company. The outgoing board of directors cease to hold office as of June 18, 2015 and the newly elected four (4) new directors, namely Heye Daun, Marcelo Rivadeneira, Francisco Narvaez and Gonzalo Mendoza have become the new board of...
2015-06-19 7:24 PM EDT
Ecuador Gold and Copper Corp. Announces Additional Debenture Offering of US$300,000 and Closing of C$427,402 Shares-For-Debt Transaction
Toronto, Ontario--(Newsfile Corp. - June 3, 2015) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company") is pleased to announce that it intends to undertake a further additional debenture offering (the "Debenture Offering"), in addition to the debenture offering first announced in a news release dated March 10, 2015 (the "March Offering"), to raise aggregate gross proceeds of up to a further US$300,000 through the issuance of senior secured convertible debentures (the "Debentures"). The...
2015-06-03 6:47 PM EDT
Ecuador Gold Announces Completion and Filing of The Santa Barbara Preliminary Economic Assessment Report
Toronto, Ontario--(Newsfile Corp. - May 29, 2015) - Ecuador Gold & Copper Corp. (TSXV: EGX), (the "Company" or "EGX") announces that, further to the 8th December 2014 News Release, the Preliminary Economic Assessment Technical Report ("PEA") prepared under National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") on the Company's flagship Santa Barbara Project, has been filed on the SEDAR website (www.sedar.com) effective as of today's date. Qualified Person...
2015-05-29 6:24 PM EDT
Ecuador Gold Announces Closing of First Tranche of Debenture Offering and Shares-for-Debt Agreements Totaling $427,402
Toronto, Ontario--(Newsfile Corp. - May 4, 2015) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"), is pleased to announce that it has closed the first tranche of the non-brokered private placement debenture offering (the "Debenture Offering") raising aggregate gross proceeds of US$67,000 through the issuance of senior secured convertible debentures (the "Debentures"). The Company has received funding for the remaining US$333,000 and is in the process of negotiating terms in order to...
2015-05-04 8:41 PM EDT
Ecuador Gold and Copper Corp. Announces New Debenture Offering of US$400,000
Toronto, Ontario--(Newsfile Corp. - March 10, 2015) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"), is pleased to announce that it intends to undertake a new debenture offering (the "Debenture Offering") to raise aggregate gross proceeds of up to US$400,000 through the issuance of senior secured convertible debentures (the "Debentures"). The proceeds raised under the Debenture Offering will be used in Ecuador for the Company's Condor Gold Project and as working capital. The...
2015-03-10 1:33 PM EDT
Ecuador Gold Announces Closing of US$490,000 Debenture Offering, Proposed Shares-for-Debt and Grant of Stock Options
Toronto, Ontario--(Newsfile Corp. - January 31, 2015) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"), is pleased to announce that it has closed a non-brokered private placement debenture offering (the "Debenture Offering") raising aggregate gross proceeds of US$490,000 through the issuance of senior secured convertible debentures (the "Debentures"). Aura International Services Ltd. ("Aura") has subscribed for US$395,000 together with certain other smaller shareholders of the...
2015-01-31 10:08 AM EST
Ecuador Gold and Copper Corp. Announces Additional Debenture Offering of US$490,000
Toronto, Ontario--(Newsfile Corp. - January 14, 2015) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"), the Company is pleased to announce that it intends to undertake an additional debenture offering (the "Debenture Offering") to raise aggregate gross proceeds of up to US$490,000 through the issuance of senior secured convertible debentures (the "Debentures"). Approximately half of the proceeds raised under the Debenture Offering will be used in Ecuador for the Company's Condor Gold...
2015-01-14 3:01 PM EST
Ecuador Gold Announces Closing of Second Tranche of Unit Offering
Toronto, Ontario--(Newsfile Corp. - December 22, 2014) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"), is pleased to announce that it has closed the second tranche of the Unit Offering that when combined with the first tranche, raised total aggregate proceeds of $200,000, pursuant to the terms of the Unit Offering as described in the Company's news release dated December 15, 2014. The Company raised $160,000 in the fully subscribed first tranche, prompting an increase in the...
2014-12-22 8:27 PM EST
Ecuador Gold Announces Closing of US$840,000 Debenture Offering
Toronto, Ontario--(Newsfile Corp. - December 17, 2014) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the “Company”), is pleased to announce that it has closed a non-brokered private placement debenture offering (the “Debenture Offering“) raising aggregate gross proceeds of US$840,000 through the issuance of senior secured convertible debentures (the “Debentures“). Aura International Services Ltd. (“Aura”) has subscribed for US$675,000 together with certain other smaller shareholders of the...
2014-12-17 6:24 PM EST
Ecuador Gold Announces Increase of Unit Offering to $200,000 and Closing of the 1st Tranche of $160,000
Toronto, Ontario--(Newsfile Corp. - December 15, 2014) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"), is pleased to announce that it is increasing its unit offering (the "Unit Offering"), as first announced on November 14, 2014, to increase the maximum proceeds of the Unit Offering from $160,000 to $200,000. Accordingly, under the Unit Offering, the Company is now offering a maximum of up to 4,000,000 units of the Company (each, a "Unit") (the "Maximum Offering") to a minimum of...
2014-12-15 7:18 PM EST
Ecuador Gold Announces Encouraging Metallurgical Testwork Results
Toronto, Ontario--(Newsfile Corp. - December 8, 2014) - Ecuador Gold & Copper Corp. (TSXV: EGX), (the "Company"or "EGX") announces that the Company's Consulting Engineers, GBM Minerals Engineering Consultants Limited ("GBM") who are currently undertaking, through Resource Development Inc, ("RDI") of Denver Colorado, the additional metallurgical test work that was announced in the May 29, 2014 News Release, as part of the 43-101 Preliminary Economic Assessment Technical Report ("PEA") on the...
2014-12-08 8:30 AM EST
Ecuador Gold Announces Mailing of C$160,000 Unit Offering Information to Existing Shareholders
Toronto, Ontario--(Newsfile Corp. - November 24, 2014) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the "Company"), is pleased to announce that further to its News Release on November 14, 2014, it has mailed to the existing shareholders of the Company information concerning its proposed C$160,000 private placement of units ("Units") of the Company at a price of C$0.05 per Unit (the "Unit Offering"). Each Unit will be comprised of one common share and one-half common share purchase warrant (each...
2014-11-24 8:00 AM EST