Big Ridge Gold Increases Its Ownership in Hope Brook Gold Project to 80% and Arranges for the Acquisition of First Mining's Shares in Big Ridge Gold Corp.
Toronto, Ontario--(Newsfile Corp. - March 28, 2024) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or the "Company") is pleased to announce that it has completed its exercise of its second earn-in right at the Hope Brook Gold Project (the "Hope Brook Project"), thereby increasing its ownership percentage in the project from 51% to 80%. The Company issued 10,000,000 common shares to First Mining Gold Corp. ("First Mining") in order to acquire the additional 29% interest in the project. First...
2024-03-28 8:35 AM EDT
Big Ridge Gold Announces Amendment to Hope Brook Earn-In Agreement and Notice of Exercise of Second Earn-In Right
Toronto, Ontario--(Newsfile Corp. - March 21, 2024) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or the "Company") is pleased to announce that it has entered into an agreement (the "Amending Agreement") to amend the terms of its second earn-in right at the Hope Brook Gold Project (the "Hope Brook Gold Project") under the Company's earn-in agreement with, among others, First Mining Gold Corp. ("First Mining"). The Amending Agreement dispenses with the requirement for the Company to incur...
2024-03-21 8:20 AM EDT
Big Ridge Gold Corp Announces Voting Results of Annual Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - December 22, 2023) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or "Company") is pleased to announce the voting results of its Annual Meeting of Shareholders held on December 19, 2023, in Toronto, Ontario. The Company's shareholders voted strongly in favour of all matters brought before the Meeting. All the director nominees set out in the management information circular dated November 9, 2023, were elected as directors, to serve until the next meeting...
2023-12-22 8:00 AM EST
Big Ridge Gold Issues Clarification Regarding Expiry Date of Options
Toronto, Ontario--(Newsfile Corp. - September 27, 2023) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or the "Company") announced today a clarification with respect to the expiry date of 3,100,000 replacement stock options issued in connection with the Company's acquisition of the outstanding securities of Gold Island Inc. ("Gold Island") and announced previously by way of a press release dated August 17, 2023. On August 11, 2023 the Company completed its acquisition of Gold Island and, as...
2023-09-27 7:30 PM EDT
Grant of Incentive Stock Options and Share-Based Compensation
Toronto, Ontario--(Newsfile Corp. - August 17, 2023) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or "Company") announces it has granted incentive stock options pursuant to the Company's Long- and Short-Term Incentive Plans to the Company's officers to purchase an aggregate of 2,475,636 common shares of the Company at an exercise price of $0.15 (the "Options") in accordance with the terms of the Company's stock option plan. The Options are exercisable for a five-year term expiring August...
2023-08-17 7:00 AM EDT
Big Ridge Gold Completes Acquisition of Gold Island Inc. Creating a Premier Newfoundland Based Exploration Company
Toronto, Ontario--(Newsfile Corp. - August 14, 2023) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or the "Company") and Gold Island Inc., a private company ("Gold Island") are pleased to announce the closing of Big Ridge's acquisition of Gold Island, previously announced July 17, 2023, pursuant to which Big Ridge acquired all of the issued and outstanding common shares of Gold Island. The transaction was effected by way of a three-cornered amalgamation under the Business Corporations Act...
2023-08-14 7:00 AM EDT
Big Ridge Gold to Acquire Gold Island Inc. Creating a Premier Newfoundland Based Exploration Company with Significant Defined Gold & Copper Resources and Extensive Exploration Portfolio Backed by Leading Strategic Resource Investors
Toronto, Ontario--(Newsfile Corp. - July 17, 2023) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or the "Company") and Gold Island Inc., a private company ("Gold Island") are pleased to announce that they have entered into a business combination agreement, July 17th, 2023, (the "Business Combination Agreement") pursuant to which Big Ridge will acquire 100% of the issued and outstanding common shares of Gold Island (the "Transaction"). Under the Transaction, Gold Island shareholders will...
2023-07-17 7:10 AM EDT
Big Ridge Announces Extension of Expiry Date for Warrants
Toronto, Ontario--(Newsfile Corp. - June 15, 2023) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge" or the "Company") announces that it has received conditional acceptance from the TSX Venture Exchange to extend the expiry date of 22,175,533 outstanding, unlisted common share purchase warrants (the "Warrants") originally issued on June 30, 2021. For further information concerning the original issuance of the Warrants, please refer to the press release of the Company dated June...
2023-06-15 5:00 PM EDT
Big Ridge Announces Filing of Technical Report on the Hope Brook Gold Project
Toronto, Ontario--(Newsfile Corp. - April 6, 2023) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge" or the "Company") is pleased to announce that further to its news release dated February 21, 2023, it has filed an independent National Instrument 43-101 technical report (the "Technical Report") for the Hope Brook gold deposit located in southwestern Newfoundland and Labrador, 75 km east of the community of Port aux Basques. The Technical Report, authored by Allan Armitage,...
2023-04-06 8:45 AM EDT
Big Ridge Mineral Resource Estimate Demonstrates Significant Upside at the Hope Brook Gold Project
Toronto, Ontario--(Newsfile Corp. - February 21, 2023) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge") is pleased to announce results of a new Mineral Resource Estimate ("MRE") for the Hope Brook gold deposit located in southwestern Newfoundland and Labrador, 75 km east of the community of Port aux Basques. The resource estimate, completed by Allan Armitage, Ph.D., P.Geo., of SGS Geological Services, incorporates results from the Company's recently completed Phase I drill...
2023-02-21 8:45 AM EST
Big Ridge Announces Additional Results from Hope Brook Phase I Drill Program
Toronto, Ontario--(Newsfile Corp. - February 1, 2023) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge") is pleased to announce additional diamond drill results from its Phase I exploration drill program at the past-producing Hope Brook Gold Project, located in southwestern Newfoundland and Labrador. Mike Bandrowski, President & CEO of Big Ridge, commented, "Drilling continues to intercept gold and copper mineralization outside the current resource envelope to the southwest and...
2023-02-01 8:01 AM EST
Big Ridge Announces Drill Results from 2021 Destiny Drill Program
Toronto, Ontario--(Newsfile Corp. - January 4, 2023) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge") is pleased to announce diamond drill results from its Destiny Gold Project, located 100 kilometres northwest of Val d'Or, Quebec. The drill holes reported in this press release are from the central portion of the DAC Zone and Gap Zone designed to confirm the mineralized structure identified in past drill programs. Highlights: Drill hole DES-21-173 intersected 8.90 g/t Au over...
2023-01-04 8:30 AM EST
Big Ridge Gold Corp. Announces Results of Voting and Details of Equity Compensation Plans
Toronto, Ontario--(Newsfile Corp. - December 23, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge" or the "Company") is pleased to announce that at its annual and special meeting of shareholders held on December 22, 2022 its shareholders approved all of the resolutions proposed at the meeting, including the re-appointment of the Company's six directors (Nick Tintor, Mike Bandrowski, William Williams, Kristina Bates, Richard J. Mazur and James Maxwell), the re-appointment...
2022-12-23 8:15 AM EST
Big Ridge to Update Mineral Resource Estimate for the Hope Brook Gold Project
Toronto, Ontario--(Newsfile Corp. - October 25, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge") is pleased to announce that it has engaged SGS Geological Services to update the mineral resource estimate ("MRE") for the Hope Brook Gold Project located in southwest Newfoundland & Labrador. The updated MRE will incorporate results from the company's recently completed Phase I drill program that focused on expanding near-surface gold and copper mineralization to the...
2022-10-25 9:00 AM EDT
Big Ridge Announces Additional Results from Hope Brook Phase I Drill Program
Toronto, Ontario--(Newsfile Corp. - October 13, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge") is pleased to announce additional diamond drill results from its Phase I exploration drill program at the past-producing Hope Brook Gold Project, located in southwestern Newfoundland and Labrador. The drill holes reported in this press release are from drill holes that targeted the shallow southwestern extension of the Hope Brook Deposit. Mike Bandrowski, President & CEO of...
2022-10-13 8:43 AM EDT
Big Ridge Completes Stage 1 Earn-In at Hope Brook Gold Project
Toronto, Ontario--(Newsfile Corp. - September 13, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge") is pleased to announce that it has met the requirements of the first stage earn-in at the Hope Brook Gold Project (the "Project"), located in southwestern Newfoundland and Labrador. The Stage-1 earn-in set out in the company's earn-in agreement (the "Earn-in Agreement") with, among others, First Mining Gold Corp. ("First Mining"), included a requirement to incur eligible...
2022-09-13 7:00 AM EDT
Big Ridge Gold Closes Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - July 25, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or "Company") is pleased to announce that it has closed its non-brokered private placement previously announced on July 8, 2022 (the "Offering"). The Company has raised $2,525,000 through the issuance of 12,625,000 units ("Units") at a price of $0.20 per Unit. Each Unit is comprised of one flow-through common share ("FT Share") and one half of one common share purchase warrant (each whole...
2022-07-25 7:10 PM EDT
Big Ridge Gold Announces $2,000,000 Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - July 8, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or "Company") is pleased to announce that it has initiated a non-brokered private placement of 10,000,000 flow-through units of the Company (the "FT Units") at a price of $0.20 per FT Unit for gross proceeds of C$2,000,000 (the "Offering"). Each FT Unit will consist of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each,...
2022-07-08 8:22 AM EDT
Big Ridge Grant of Incentive Stock Options
Toronto, Ontario--(Newsfile Corp. - July 7, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or "Company") announced revised vesting details with respect to restricted share units granted to the Company's officers and reported previously in the Company's press release dated July 4, 2022. As reported previously, the Company granted the following instruments to its officers and directors, effective June 30, 2022: 288,750 Restricted Share Units ("RSUs"), settled in shares, pursuant to the...
2022-07-07 7:47 AM EDT
Big Ridge Grant of Incentive Stock Options
Toronto, Ontario--(Newsfile Corp. - July 5, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or "Company") announces it has granted incentive stock options pursuant to the Company's Long- and Short-Term Incentive Plans to the Company's officers to purchase an aggregate of 1,472,712 common shares of the Company at an exercise price of $0.25 (the "Options") in accordance with the terms of the Company's stock option plan. The Options are exercisable for a five-year term expiring June 30,...
2022-07-05 8:08 AM EDT