Gowest Gold Ltd. Completes Go Private Transaction
Toronto, Ontario--(Newsfile Corp. - September 20, 2024) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Company") is pleased to announce that the Company has completed its previously announced plan of arrangement of the Company under Section 182 of the Business Corporations Act (Ontario) (the "Arrangement"), pursuant to which a group of existing shareholders of Gowest (the "Acquiring Group") acquired all of the outstanding common shares of Gowest ("Shares") not already owned by the Acquiring...
2024-09-20 2:01 PM EDT
Gowest Gold Obtains Final Order Approving Go Private Transaction
Toronto, Ontario--(Newsfile Corp. - September 16, 2024) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Company") is pleased to announce that the Company has obtained the final order of the Ontario Superior Court of Justice (Commercial List) approving the previously announced plan of arrangement of the Company under Section 182 of the Business Corporations Act (Ontario) (the "Arrangement"), pursuant to which a group of existing shareholders of Gowest (the "Acquiring Group") propose to...
2024-09-16 7:15 AM EDT
Securityholders of Gowest Gold Approve Go Private Transaction
Toronto, Ontario--(Newsfile Corp. - September 6, 2024) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Company") announced today that its shareholders ("Shareholders") and holders ("Warrantholders") of common share purchase warrants of the Company ("Warrants") have approved the previously announced plan of arrangement of the Company under the Business Corporations Act (Ontario) (the "Arrangement"), pursuant to which a group of existing shareholders of Gowest (the "Acquiring Group") propose...
2024-09-06 7:00 AM EDT
Gowest Gold Ltd. Enters into Definitive Agreement with Group of Existing Shareholders to Go Private
Toronto, Ontario--(Newsfile Corp. - June 24, 2024) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Company") announced today that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") dated June 21, 2024, with a group of existing shareholders of Gowest (the "Acquiring Group"), pursuant to which the Acquiring Group will acquire all of the outstanding common shares of Gowest not already owned by the Acquiring Group (the "Acquisition"), for cash consideration of...
2024-06-24 8:18 AM EDT
Gowest Gold Announces up to $10 Million New Loan Agreement
Toronto, Ontario--(Newsfile Corp. - June 17, 2024) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") is pleased to announce that it has entered into a loan agreement with 15748593 Canada Inc. (the "Lender"), pursuant to which Gowest may borrow up to an aggregate principal amount of $10,000,000.The proceeds of this loan are intended to be used by Gowest for ongoing general working capital requirements, to fund its exploration program, and to prepare the Redstone Mill for the...
2024-06-17 7:15 AM EDT
Gowest Gold Enters into Toll Milling Agreement with Northern Sun
Toronto, Ontario--(Newsfile Corp. - June 7, 2024) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") announced today that it has entered into a toll milling agreement (the "Toll Milling Agreement") with Northern Sun Mining Corp. ("Northern Sun"), pursuant to which Northern Sun will mill and process ore produced from Gowest's Bradshaw mine at its Redstone mill located in Timmins, Ontario. The Toll Milling Agreement has an initial term expiring one year from the date of the...
2024-06-07 7:15 AM EDT
CORRECTION FROM SOURCE: Gowest Gold Provides the 2nd Exploration Update on Its Phase 2 Diamond Drilling Program
Toronto, Ontario--(Newsfile Corp. - May 13, 2024) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") is pleased to provide a further update on the latest assay results from Phase 2 of its previously announced surface diamond drill program at its 100% owned North Timmins Gold Project ("NTGP"). This latest work is part of the $10 Million exploration program phase, which aims to expand the mineable resource at the Bradshaw Gold deposit ("Bradshaw"), as well as to further test...
2024-05-13 4:34 PM EDT
Gowest Gold Provides the 2nd Exploration Update on Its Phase 2 Diamond Drilling Program
Toronto, Ontario--(Newsfile Corp. - May 13, 2024) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") is pleased to provide a further update on the latest assay results from Phase 2 of its previously announced surface diamond drill program at its 100% owned North Timmins Gold Project ("NTGP"). This latest work is part of the $10 Million exploration program phase, which aims to expand the mineable resource at the Bradshaw Gold deposit ("Bradshaw"), as well as to further test...
2024-05-13 7:15 AM EDT
Gowest Gold Shareholders Approve All Resolutions at Annual Meeting
Toronto, Ontario--(Newsfile Corp. - April 25, 2024) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Company") provided an update on its annual and special meeting of shareholders held earlier today (the "Meeting"), at which shareholders of the Company approved all presented matters.Specifically, at the Meeting:The following individuals were elected as directors of the Company: C. Fraser Elliott (Chairman), Dan Gagnon, Peter Quintiliani, Meirong Yuan, Douglas Cater, and Fuhua Zhou;DNTW...
2024-04-25 10:49 AM EDT
Gowest Gold Provides Phase 2 Diamond Drill Program Update at Bradshaw
Toronto, Ontario--(Newsfile Corp. - March 1, 2024) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") is pleased to provide an update on its Phase 2 Exploration surface diamond drilling program, initiated in November 2023. This newly funded program is part of a larger planned program aimed at expanding the mineable resource at its 100% owned Bradshaw Gold Mine (Bradshaw), as well as to further test other parts of the Corporation's North Timmins Gold Project (NTGP) area where...
2024-03-01 7:15 AM EST
Gowest Gold Announces New $10 Million Loan Agreement
Toronto, Ontario--(Newsfile Corp. - January 22, 2024) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") is pleased to announce that it has entered into a loan agreement with Lush Land Investment Canada Inc. (the "Lender"), pursuant to which Gowest may borrow up to an aggregate principal amount of $10,000,000.The proceeds of this loan are intended to be used by Gowest for ongoing general working capital requirements, the payment of outstanding accounts payable due to Northern Sun...
2024-01-22 7:15 AM EST
Gowest Gold Announces $10 Million Loan Agreement, New Exploration Program, and Completion of Phase 1 Diamond Drill Program at Bradshaw
Toronto, Ontario--(Newsfile Corp. - December 27, 2023) - Gowest Gold Ltd. ("Gowest" or the "Corporation") (TSXV: GWA) is pleased to report that it has completed its previously announced 5,000-metre Phase 1 surface diamond drill program, and has entered into a loan agreement for an aggregate principal amount of up to $10,000,000 to fund additional exploration at its North Timmins Gold Project ("NTGP"). The additional exploration will be focused on the Corporation's 100% owned Bradshaw Gold...
2023-12-27 7:30 AM EST
Gowest Closes Final Tranche of Upsized Private Placement of Flow-Through Units for Further Proceeds of $150,000
Toronto, Ontario--(Newsfile Corp. - December 20, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") is pleased to announce that it has closed the final tranche of its previously announced upsized non-brokered private placement (the "Offering") of flow-through units of the Corporation (the "FT Units"). (See Gowest release dated December 12 and November 21, 2023.)Pursuant to the final tranche closing of the Offering, the Corporation issued and sold an additional 1,428,570 FT...
2023-12-20 7:15 AM EST
Gowest Upsizes Private Placement of Flow-Through Units and Closes on Initial Proceeds of $800,000
Toronto, Ontario--(Newsfile Corp. - December 12, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") is pleased to announce that it has upsized its previously announced non-brokered private placement (the "Offering") of flow-through units of the Corporation (the "FT Units") and completed an initial closing of the Offering. The original Offering size has been increased from $800,000 to up to a maximum of $1,100,000. (See Gowest release dated November 21, 2023.)Pursuant to the...
2023-12-12 7:15 AM EST
Gowest Announces Private Placement of Flow-Through Units
Toronto, Ontario--(Newsfile Corp. - November 21, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") announced today a proposed non-brokered private placement of up to 7,619,048 flow-through units of the Corporation (the "FT Units"), at a price of $0.105 per FT Unit, for aggregate gross proceeds of up to $800,000 (the "Offering"). Each FT Unit will comprise one common share and one-half common share purchase warrant (each whole common share purchase warrant), a "Warrant"),...
2023-11-21 7:15 AM EST
Gowest Gold Provides Exploration Update on Phase 1 Diamond Drilling at Bradshaw
Toronto, Ontario--(Newsfile Corp. - November 14, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") is pleased to provide an update on the latest assay results from Phase 1 of its previously announced surface diamond drill program at its 100% owned Bradshaw Gold Mine (Bradshaw.) This first 5,000-metre program phase, which is expected to be completed in mid-November, is part of a larger planned program aimed to expand the mineable resource at Bradshaw, as well as to further...
2023-11-14 7:15 AM EST
Gowest Gold Provides Development Update at Bradshaw
Toronto, Ontario--(Newsfile Corp. - November 10, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") wishes to provide a general update on the operation of its 100% owned Bradshaw Gold Mine (Bradshaw).Gowest is pleased to note that a great deal of progress has been achieved at Bradshaw since work there began again in April. Overall, underground capital development is advancing in the East Zone and the Central Zone. Ore sills are being developed on the 100 m level...
2023-11-10 7:15 AM EST
Gowest Gold Announces Initial Exploration Drill Results at Bradshaw
Toronto, Ontario--(Newsfile Corp. - September 15, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") is pleased to announce initial assay results from Phase 1 of its previously announced surface diamond drill program at its 100% owned Bradshaw Gold Mine (Bradshaw.) This first 5,000-metre program phase is part of a larger planned program that aims to expand the mineable resource at Bradshaw, as well as to further test other parts of the Corporation's North Timmins Gold...
2023-09-15 7:00 AM EDT
Gowest Gold: Bradshaw Gold Mine Restart Progressing Well on All Fronts
Toronto, Ontario--(Newsfile Corp. - July 11, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") is pleased to report on its continuing progress in restarting the Corporation's 100% owned Bradshaw Gold Deposit ("Bradshaw.")Bradshaw HighlightsEast Zone Capital Development Ramp has reached 80-metre (m) level (Figure 1.)67.5 m of Access Ramp developed toward Central and West Zones, with an additional 105 m in permanent explosives storage area off the access ramp. (Figure 2.)Sill...
2023-07-11 7:30 AM EDT
Gowest Completes Debt Conversion and Raises Proceeds of $11,000,000 from Exercise of Warrants
Toronto, Ontario--(Newsfile Corp. - July 4, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Company") announced today that it has completed its previously announced conversion of indebtedness in an aggregate amount of $6,859,900.24 into common shares of the Company (the "Debt Conversion"). Pursuant to the Debt Conversion, the Company issued an aggregate of 50,814,076 common shares at a price of $0.135 per share. For further details, see Gowest press release dated June 21, 2023.Gowest...
2023-07-04 8:00 AM EDT