Gowest Closes Offering of Flow-Through Units
Toronto, Ontario--(Newsfile Corp. - June 26, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") announced today that it has completed a closing of its previously announced non-brokered private placement of 6,221,428 flow-through units (the "FT Units"), at a price of $0.14 per FT Unit, for aggregate gross proceeds of $871,000 (the "Offering"). Each FT Unit comprised one common share and one common share purchase warrant (a "Warrant"), issued on a flow-through basis. Each Warrant will be...
2023-06-26 7:15 AM EDT
Gowest Gold Enters into Debt Conversion Agreements
Toronto, Ontario--(Newsfile Corp. - June 21, 2023) - Gowest Gold Ltd. ("Gowest" or the "Company") (TSXV: GWA) announced today that it has entered into separate agreements with two significant creditors of the Corporation (the "Creditors") to convert all indebtedness owed by Gowest to such Creditors, in an aggregate amount of $6,859,900.24 (the "Debt"), into common shares of Gowest (the "Transaction"). Pursuant to the Transaction, Gowest will issue an aggregate of 50,814,076 common shares at a price of $0.135 per...
2023-06-21 8:00 AM EDT
Gowest Announces Amended Terms for Private Placement of Flow-Through Units
Toronto, Ontario--(Newsfile Corp. - June 8, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") announced today that it has amended the terms of its previously announced non-brokered private placement of flow-through units of the Corporation (the "FT Units"). (See Gowest news release dated May 18, 2023.)Pursuant to the amended terms of the non-brokered private placement, the Corporation proposes to issue up to 14,285,715 FT Units, at a price of $0.14 per FT Unit, for aggregate gross...
2023-06-08 7:15 AM EDT
Gowest Provides Bradshaw Operations Update
Toronto, Ontario--(Newsfile Corp. - June 7, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") is pleased to provide an update on its significant progress in restarting the Corporation's 100% owned Bradshaw Gold Deposit ("Bradshaw").Bradshaw Highlights Underground team has achieved two months of safe production. All production and key infrastructure projects on target. Key groups fully staffed. Drill team mobilized to site;...
2023-06-07 7:15 AM EDT
Gowest Announces Private Placement of Flow-Through Units
Toronto, Ontario--(Newsfile Corp. - May 18, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") announced today a proposed non-brokered private placement of up to 11,111,111 flow-through units of the Corporation (the "FT Units"), at a price of $0.18 per FT Unit, for gross proceeds of up to $2,000,000 (the "Offering"). Each FT Unit will be comprised of one common share and one common share purchase warrant (a "Warrant"), issued on a flow-through basis, with each Warrant being...
2023-05-18 7:15 AM EDT
Gowest Completes $25 Million Investment
Toronto, Ontario--(Newsfile Corp. - April 17, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") announced today that it has completed (i) its previously announced offering, on a private placement basis, of an aggregate of 150,000,000 units of the Corporation ("Units"), at an issue price of $0.10 per Unit, for aggregate gross proceeds of $15,000,000 (the "Unit Offering"); and, (ii) the conversion of its previously issued promissory notes in an aggregate principal amount of $10,000,000, held by Lush...
2023-04-17 7:15 AM EDT
Gowest Gold Shareholders Approve Resolutions Relating to Completion of $25 Million Investment
Toronto, Ontario--(Newsfile Corp. - March 31, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Company") provided an update on its annual and special meeting of shareholders held yesterday (the "Meeting"), at which shareholders of the Company overwhelmingly approved certain resolutions necessary to complete the Company's previously announced private placements for aggregate gross proceeds of $25,000,000. (See Gowest News Release dated January 26, 2023.)With the receipt of the required shareholder approvals, Gowest is now in a position to complete:the...
2023-03-31 7:10 AM EDT
Gowest Completes Initial $10 Million Investment
Toronto, Ontario--(Newsfile Corp. - March 9, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") announced today that it has completed the issuance and sale of promissory notes of the Corporation in an aggregate principal amount of $10,000,000 (the "Promissory Notes") to Lush Land Investment Canada Inc. ("Lush Land"). The purchase price for the Promissory Notes was an aggregate of $10,000,000. The issuance and sale of the Promissory Notes forms part of the previously announced...
2023-03-09 7:15 AM EST
Gowest Engages Dumas for Bradshaw Restart
Toronto, Ontario--(Newsfile Corp. - February 22, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") announced today that it has engaged Dumas Contracting Ltd. ("Dumas") in a four-year contract to assist with the restart of operations at the Bradshaw Gold Deposit ("Bradshaw"), targeting the resumption of underground work in April, 2023.Dumas has already begun moving equipment to the site and is rapidly ramping up the mobilization process.Based in Timmins, Ontario, Dumas is a leading, full-service mining contractor specializing...
2023-02-22 7:15 AM EST
Gowest Secures $25 Million Investment
Toronto, Ontario--(Newsfile Corp. - January 26, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") announced today that investors have agreed to purchase from Gowest, on a non-brokered private placement basis, securities of the Corporation for aggregate gross proceeds of $25,000,000. Specifically:Greenwater Investment Hong Kong Limited ("Greenwater") and other investors have agreed to purchase an aggregate of 150,000,000 units of the Corporation ("Units"), at an issue price of $0.10 per Unit, for an aggregate purchase price of...
2023-01-26 7:30 AM EST
Gowest Announces Settlement with Cementation Canada Inc.
Toronto, Ontario--(Newsfile Corp. - January 23, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Company") announced today that it has entered into minutes of settlement ("Minutes of Settlement") with Cementation Canada Inc. ("Cementation"), with respect to Cementation's claim against the Company issued under the Construction Lien Act (Ontario), seeking payment of approximately $7,436,500 for certain services and materials provided to the Company under a contract between the parties dated March 2, 2017. (See Gowest news release dated July...
2023-01-23 7:15 AM EST
Gowest Announces Change of Auditor
Toronto, Ontario--(Newsfile Corp. - January 9, 2023) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") announced today that the Corporation's Board of Directors (the "Board") has approved a change of the Company's auditors. The Board decided to change from McGovern Hurley LLP (the "Former Auditor") to DNTW Toronto LLP (the "Successor Auditor"), effective January 9, 2023, until the next Annual General Meeting of the Company.There were no disagreements or unresolved issues with the Former Auditor on any matter...
2023-01-09 7:45 AM EST
Gowest Closes Flow-through Share Offering and Completes Shares for Debt Transaction
Toronto, Ontario--(Newsfile Corp. - December 28, 2022) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") announced today that it has closed its previously announced non-brokered private placement of 3,375,000 flow-through common shares, at an issue price of $0.08 per share, for gross proceeds of $270,000 (the "Offering").The Corporation also announced that it will issue 1,112,875 shares to settle an aggregate of $89,030 of indebtedness at a deemed price of $0.08 per share, to non-management directors of the Company,...
2022-12-28 7:48 AM EST
Gowest Announces Up to $500,000 Flow-Through Share Offering
Toronto, Ontario--(Newsfile Corp. - December 19, 2022) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") announced today a proposed non-brokered private placement of up to 6,250,000 flow-through common shares, at an issue price of $0.08 per share, for gross proceeds of up to $500,000 (the "Offering").The gross proceeds of the Offering will be used to incur "Canadian exploration expenses" as defined in subsection 66.1(6) of the Income Tax Act (Canada)(the "Tax Act"), and renounced to subscribers under the...
2022-12-19 11:57 AM EST
Gowest Gold Announces Board of Directors Change
Toronto, Ontario--(Newsfile Corp. - October 21, 2022) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") announces the resignation of Mr. Gilbert Lawson, P. Eng., as a director of the Corporation to take on the role of Interim General Manager at Kinross Gold's Tasiast Mine in northwestern Mauritania. The Corporation has commenced a search for Mr. Lawson's replacement.C. Fraser Elliott, Chairman, commented: "I would like to thank Gil for his support and dedication as a member of our team...
2022-10-21 7:45 AM EDT
Gowest Gold Announces Board of Directors Change
Toronto, Ontario--(Newsfile Corp. - July 6, 2022) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") announces the resignation of Mr. Yungang Wu, P.Geo., as a director of the Board of the Corporation. The Corporation has commenced a search for Mr. Wu's replacement.C. Fraser Elliott, Chairman, commented: "I would like to thank Yungang for his support and dedication as a member of our team over the years as Gowest has continued to develop the Bradshaw mine near Timmins...
2022-07-06 7:15 AM EDT
Gowest Gold Announces Receipt of Statement of Claim from Cementation Canada Inc.
Toronto, Ontario--(Newsfile Corp. - July 4, 2022) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Company") announced today that a statement of claim has been issued against the Company under the Construction Lien Act (Ontario) by Cementation Canada Inc., seeking payment in the amount of approximately $7.4 million in respect of certain services and materials provided to the Company under a contract between the parties dated as of March 2, 2017. Cementation has further caused a lien to...
2022-07-04 7:15 AM EDT
IIROC Trade Resumption - Gowest Gold Ltd.
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2016) - Trading resumes in: Company: Gowest Gold Ltd.
2016-12-16 12:56 PM EST
IIROC Trade Halt - Gowest Gold Ltd.
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2016) - The following issues have been halted by IIROC: Company:
2016-12-16 12:11 PM EST
IIROC Trade Resumption - Gowest Gold Ltd.
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2016) - Trading resumes in: Company: Gowest Gold Ltd.
2016-08-04 1:03 PM EDT