Roscan Gold Announces Closing of Final Tranche of Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - May 15, 2023) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") announces that, further to its press releases of March 31, 2023 and May 10, 2023, the Company has closed the final tranche of its non-brokered private placement through the issuance of 6,625,000 common shares (the "Common Shares") in the capital of the Company at a price of $0.20 per Common Share for gross proceeds of $1,325,000 (the "Offering"). All...
2023-05-15 1:03 PM EDT
Roscan Gold Announces Upsize to Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - May 10, 2023) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") announces that, further to its press release of March 31, 2023 that due to investor demand, the Company has increased the size of its non-brokered private placement financing to gross proceeds of up to $2,700,000 through the issuance of up to 13,500,000 common Shares (each, a "Common Share") in the capital of the Company at a price of $0.20 per Common...
2023-05-10 6:00 AM EDT
Roscan Gold Announces Closing of First Tranche of Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - May 1, 2023) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") announces that it has closed the first tranche of a non-brokered private placement (the "Offering") in which it issued an aggregate of 7,113,700 common shares (each, a "Common Share") in the capital of the Company at a price of C$0.20 per Common Share for aggregate gross proceeds of C$1,422,740. President & CEO, Mr. Nana Sangmuah, and Independent...
2023-05-01 5:48 PM EDT
Roscan Gold Announces $2,000,000 Non-Brokered Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - March 31, 2023) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce a non-brokered private placement financing for gross proceeds of up to $2,000,000 through the issuance of up to of 10,000,000 common shares (each, a "Common Share") in the capital of the Company at a price of $0.20 per Common Share (the "Offering"). The C$0.20 price per share reflects a 19% premium to the 30-Day VWAP to March...
2023-03-31 6:00 AM EDT
Roscan Announces Granting of Environmental Permit for the Kandiole Gold Project
Toronto, Ontario--(Newsfile Corp. - March 16, 2023) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce that, on March 9, 2023, the Company received the environmental permit (the "Environmental Permit") from the Ministry of Environment, Sanitation and Sustainable Development of the Republic of Mali for a mining operation at its 100% owned Kandiole Gold Project, located in Mali, West Africa ("Kandiole" or the "Project"). This...
2023-03-16 6:00 AM EDT
Roscan Gold Announces New CFO
Toronto, Ontario--(Newsfile Corp. - March 14, 2023) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") today announced that Mr. Bruce Ramsden, Executive Vice President and Chief Financial Officer advised the Company on December 3, 2022 of his intentions to leave the Company on March 15, 2023. The Company has appointed Jun (Danny) Cao, B.Eng., CPA, CMA, MBA as its new Chief Financial Officer effective March 15, 2023. Mr. Cao has over 15 years of...
2023-03-14 6:00 AM EDT
Roscan Gold Intersects 3.43 gpt Gold over 23m in Mankouke Central and 1.55 gpt Gold over 31 Meters in Mankouke South Gold Mineralization Continuity Confirmed Between MS1 and MS3
Toronto, Ontario--(Newsfile Corp. - January 10, 2023) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce positive drilling results (Figures 1 and 4) from an additional program consisting of 41 Reverse Circulation ("RC"), 14 Air Core (AC) and 2 Diamond Drilling ("DD") holes totaling 6,153 meters (m) at our Southern Mankouke Zone. The results confirm additional mineralization and the continuity of mineralization between the main...
2023-01-10 6:00 AM EST
Roscan Gold Continues to Expand Gold Mineralization at Kabaya Intersects 1.49 gpt gold over 37m and 3.09 gpt gold over 12m
Toronto, Ontario--(Newsfile Corp. - December 7, 2022) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce positive RC (Reverse Circulation) drilling results at Kabaya KB3 (Figure 1) from an additional 18 holes totaling 2,220 meters (m). KB3 is the satellite deposit North of the main Kabaya resource (KB1 and KB2). The recent drilling results provide some significant intercepts at depth, in the fresh rock confirming the...
2022-12-07 6:00 AM EST
Roscan Enters Into Royalty Sale Agreement With Osisko Gold Royalties for Proceeds of up to $10 Million
Toronto, Ontario--(Newsfile Corp. - December 2, 2022) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce that it has entered into a royalty financing agreement (the "Agreement") with Osisko Gold Royalties Ltd ("Osisko") involving a royalty financing related to the Company's entire 401.8 Km2 Kandiolé Project in Mali, West Africa (the "Property"). Osisko has initially acquired a 1.0% net smelter return ("NSR") royalty for upfront...
2022-12-02 10:30 AM EST
Roscan Gold Discovers a High-Grade Extension at Kabaya Intersecting 3.29 gpt Gold over 22m Including 5.78 gpt over 4m in the Fresh Rock
Toronto, Ontario--(Newsfile Corp. - September 13, 2022) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce positive Reverse Circulation ("RC") drilling results at Kabaya KB1 & KB2 (Figure 1) from an additional 21 holes totaling 3,122 meters (m). The recent drilling results provide significant intercepts at depth, in the fresh rock, demonstrating the continuity of the mineralization beyond the gold envelope under the $1,500 pit...
2022-09-13 6:00 AM EDT
Roscan Gold Announces Filing of Technical Report
Toronto, Ontario--(Newsfile Corp. - June 30, 2022) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce that it has filed a technical report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Properties with respect to its Kandiole Project in Mali (the "Technical Report"). The Technical Report dated June 30, 2022 with an effective date of March 31, 2022 titled "Technical Report on the Kandiole...
2022-06-30 4:02 PM EDT
Roscan Gold Announces Option Grant
Toronto, Ontario--(Newsfile Corp. - June 28, 2022) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") announces that it has granted 3,276,037 stock options to purchase common shares of the Company exercisable at a price of $0.34 per common share and expiring on June 28, 2027 to a director of the Company. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant. About Roscan Roscan...
2022-06-28 4:07 PM EDT
Roscan Gold Intersects 7.62 gpt gold over 10 m and 1.75 gpt gold over 20 metres at Kandiole North and; 3.04 gpt gold over 12 m, including 12.22 gpt and 15.91 gpt over 1m at Disse
Toronto, Ontario--(Newsfile Corp. - June 27, 2022) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce the positive drill results at both Kandiole North ("KN1") and Disse. In Kandiole KN1, the continuity of the mineralized gold envelope has been demonstrated and expended laterally with a number of holes intersecting gold mineralization. In addition, high grade with visible gold ("VG") was encountered in the fresh rock (Figure 3...
2022-06-27 6:00 AM EDT
Roscan Outlines Potential Exploration Upside on Areas Within and Outside Current Resources
Toronto, Ontario--(Newsfile Corp. - June 8, 2022) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to present its ongoing exploration activities and potential resource growth beyond the recently announced first mineral resource estimate ("MRE"). The ongoing exploration activities have been focused on two key areas: 1) The expansion of the maiden resource within the MRE areas, which it is estimated to currently comprise a potential...
2022-06-08 6:15 AM EDT
Roscan Announces Interim Resource of 1.02 Moz at 1.2 g/t Indicated, 0.20 Moz at 1.2g/t Inferred at Its Kandiolé Project in Mali
Toronto, Ontario--(Newsfile Corp. - June 8, 2022) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce its initial, pit-constrained, interim NI 43-101 compliant Mineral Resources reported at a gold price of only 1,500 USD per oz, of 27.4 million tonnes grading 1.2 g/t Au totaling 1.02 million ounces of gold in the Indicated Category and 5.2 million tonnes grading 1.2 g/t Au totaling 198,000 ounces of gold in the Inferred category...
2022-06-08 6:00 AM EDT
Roscan Gold Continues to Expand the Gold Mineralization at Kabaya and Intersects 2.09 gpt Gold over 21m and 1.49 gpt Gold over 28m
Toronto, Ontario--(Newsfile Corp. - March 23, 2022) - Roscan Gold Corporation ("Roscan" or the "Company") (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) is pleased to announce positive Reverse Circulation ("RC") drilling results at Kabaya (Figure 1) from an additional 53 holes totaling 5,969 meters (m) at Kabaya. In order to both discover new gold zones outside our existing resource area and to expand the potential gold resources in our existing resource at Kabaya, Roscan designed an aggressive RC...
2022-03-23 6:00 AM EDT
Roscan Gold Announces Change to the Board of Directors
Toronto, Ontario--(Newsfile Corp. - March 16, 2022) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") announces that Srinivasan Venkatakrishnan ("Venkat") will not be standing for re-election at its forthcoming Annual General Meeting scheduled to take place on April 26, 2022, to assume Chairmanship of Endeavour Mining Plc, a leading global gold producer and the largest in West Africa, in May 2022. In order to ensure a smooth transition, Venkat will...
2022-03-16 12:42 PM EDT
Roscan Gold Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - March 11, 2022) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce it has closed a non-brokered private placement through the issuance of 12,500,000 common shares (the "Common Shares") in the capital of the Company at a price of $0.40 per Common Share for gross proceeds of $5,000,000 (the "Offering"). Gross proceeds of the Offering will be used to fund the Company's exploration program. All...
2022-03-11 10:26 AM EST
Roscan Gold Announces C$ 5.0 Million Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - February 28, 2022) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce a C$5.0 million non-brokered private placement with strategic investors to advance the Company's 100%‐owned Kandiole Gold Project in West Mali. The Strategic Investors have agreed to subscribe for and purchase 12.5 million common shares at a price of C$0.40 per share for aggregate gross proceeds of C$5,000,000. The C$0.40...
2022-02-28 6:00 AM EST
Roscan Announces Option and RSU Grant
Toronto, Ontario--(Newsfile Corp. - February 24, 2022) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") announces that the Board of Directors approved on February 15, 2022, to be issued in conjunction with filing the Company's year-end consolidated financial statements, the Management Discussion and Analysis and the Annual Information Form, the granting of 2,340,980 options to a director of the Company to purchase common shares (each, a "Common...
2022-02-24 4:00 PM EST