Desert Gold Completes Acquisition of Ashanti Gold Corp.
Delta, British Columbia--(Newsfile Corp. - August 22, 2019) - DESERT GOLD VENTURES INC. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or the "Company") is pleased to announce it has closed its business combination with Ashanti Gold Corp ("Ashanti"). Each shareholder of Ashanti will receive 0.2857 Desert Gold shares for each Ashanti share held. Approximately 21,097,657 Desert Gold Shares were issued to Ashanti shareholders. Ashanti continues as a wholly owned subsidiary of the...
2019-08-22 8:00 AM EDT
Desert Gold Closes $3.5 Million Oversubscribed Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - July 25, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC: DAUGF) (the "Company") is pleased to announce that it has closed the second and final tranche of its non-brokered private placement (the "Financing"). In the First Tranche the Company raised proceeds of $1,713,587 through the sale of 10,709,916 Units. This second and final tranche raised $1,789,9
2019-07-25 8:00 AM EDT
Desert Gold Earns an Initial 55% Interest in 104km2 Western Mali Land Package
Delta, British Columbia--(Newsfile Corp. - July 24, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to announce that further to its press release dated May 7, 2019, the Company has exercised its option to earn an initial 55% controlling interest relating to an option agreement with Mineral Management Consulting ("MMC") to acquire a 100% interest in two properties, contiguous and proximal to the Company's flagship Senegal...
2019-07-24 8:00 AM EDT
Desert Gold Provides Exploration Update on Senegal Mali Shear Zone Project
Delta, British Columbia--(Newsfile Corp. - July 8, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (the "Company") is pleased to provide an update regarding the ongoing exploration program at the Company's Senegal Mali Shear Zone Project ("SMSZ Project") in Western Mali.Update on Senegal Mali Shear Zone Project 2019 Exploration ProgramExploration has commenced over Desert Gold's SMSZ Project (See Figure 1). To date, weather in the region has seen minimal rain and...
2019-07-08 9:46 AM EDT
Desert Gold Closes First Tranche of Non-Brokered Private Placement and Provides Exploration Update
Delta, British Columbia--(Newsfile Corp. - June 19, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (the "Company") is pleased to announce that it has closed a first tranche (the "First Tranche") of its non-brokered private placement of up to 15,625,000 units at a price of CDN $0.16 per unit (the "Unit") to raise up to an aggregate of CDN $2,500,000 (the "Financing"). In the First Tranche the Company has raised proceeds of $1,713,586.58 through...
2019-06-19 7:50 AM EDT
Mali, West Africa; Desert Gold Secures its 100% Owned Djimbala Gold Exploration Permit for 7-Year Term
Delta, British Columbia--(Newsfile Corp. - May 30, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) ("Desert Gold" or "the Company") is pleased to announce that it has successfully renewed its 100% owned Djimbala permit for an initial 3-year term. Furthermore, the license grants Desert Gold the option to renew the permit for two additional 2-year terms giving the Company control of Djimbala until May 2026.ABOUT DJIMBALAThe permit is 100km2 and is located in the Yanfolila Gold Belt of southern...
2019-05-30 8:00 AM EDT
Desert Gold Announces Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - May 23, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") announces that, subject to exchange approval, it will conduct a non-brokered private placement of up to 15,625,000 units at a price of CDN $0.16 per unit (the "Unit") to raise up to an aggregate of up to CDN $2,500,000 (the "Financing"). Each Unit will consist of one common share in the equity of the Company...
2019-05-23 8:00 AM EDT
Ashanti Gold Shareholders Approve Business Combination with Desert Gold
Delta, British Columbia--(Newsfile Corp. - May 14, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC PINK: DAUGF) ("Desert Gold" or "the Company") is pleased to announce that the previously disclosed business combination between Ashanti Gold and the Company was approved at yesterday's special meeting of Ashanti Gold shareholders.ABOUT THE ASHANTI GOLD ACQUISITION On April 1, 20
2019-05-14 8:50 AM EDT
Desert Gold Enters into Option Agreement with MMC
Delta, British Columbia--(Newsfile Corp. - May 7, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to announce that the Company has entered into an option agreement with Mineral Management Consulting ("MMC") to acquire a 100% interest in two properties contiguous and proximal to the Company's flagship Farabantourou gold project in Western Mali. MMC is a private company located in Bamako, Mali, involved in the acquisition...
2019-05-07 7:50 AM EDT
Desert Gold Appoints Don Dudek PGeo as Principle Technical Consultant
Delta, British Columbia--(Newsfile Corp. - May 1, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to announce the appointment of Mr. Don Dudek as Principle Technical Consultant. Mr. Dudek's role will be to guide corporate technical strategy including M&A, land acquisition and exploration strategy and oversight of all exploration programs.Mr. Dudek was first appointed to the Company's board of directors in July of 2017. He...
2019-05-01 8:00 AM EDT
Desert Gold Announces Proposed Private Placement
Delta, British Columbia--(Newsfile Corp. - September 11, 2017) - Desert Gold Ventures Inc. (TSXV: DAU) (OTC Pink: DAUGF) (FSE: QXR2) ("Desert Gold" or the "Company") announces that it intends to raise up to CAD$800,000 (the "Offering") through a non-brokered private placement of up to 3,200,000 units at a price of CAD$0.25 per unit (the "Unit").Each Unit will consist of one common share and one share purchase warrant (the "Warrant"). Each Warrant entitles the holder to purchase one additional...
2017-09-11 10:58 AM EDT
Desert Gold Appoints Don Dudek (B.Sc Geo) to the Companys Advisory Board
Delta, British Columbia--(Newsfile Corp. - July 7, 2017) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC: DAUGF) (“Desert Gold” or “the Company”) is please to announce the appointment of Mr. Don Dudek to Company’s advisory board.Mr. Dudek has held various roles with junior to senior exploration and mining companies over the past 30 years. Mr. Dudek currently serves as President and CEO of Savary Gold Corp. and has recently served as Senior Vice President, Technical Services for...
2017-07-07 8:30 AM EDT
Desert Gold Assays 41.0 g/t Au from Grab Sample and Completes Rock Sampling and Mapping Program at Segala West Permit in Western Mali
Delta, British Columbia--(Newsfile Corp. - June 21, 2017) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to provide the following update regarding the results of a recently completed mapping, rock and soil sampling program at its Segala West permit. The Company has also outlined its follow up drill program at its Segala West prospect in Western Mali.HIGHLIGHTSAssay results from grab samples received from pit mapping and rock...
2017-06-21 11:15 AM EDT
Desert Gold Targets Three Mineralized Zones On Its Farabantourou Prospect for 2017 Exploration Program
Delta, British Columbia--(Newsfile Corp. - June 7, 2017) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is please to provide the following update regarding its planned exploration program at its Farabantourou prospect in Western Mali. HIGHLIGHTS: Two historically defined mineralization zones, Barani and Keniegoulou, will be retested and incorporated into the company's broader understanding of Farabantourou's geology. The third prospect,...
2017-06-07 8:30 AM EDT
Desert Gold Closes Non-Brokered Private Placement and Gains Strategic Partner in Western Africa
Delta, British Columbia--(Newsfile Corp. - April 5, 2017) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC: DAUGF) ("Desert Gold" or "the Company") Further to the press release dated March 30, 2017, the Company is pleased to announce that it has closed its private placement. The Company has issued 2,860,800 units at a price of CAD$0.25 per unit, raising gross proceeds of CAD$715,200. Securities issued resulting from this private placement will be subject to a statutory hold period....
2017-04-05 8:20 AM EDT
Desert Gold Announces Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - March 31, 2017) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC: DAUGF) ("Desert Gold" or "the Company") announces that it will conduct a non-brokered private placement of up to 2,760,800, units at a price of CAD$0.25 per unit (the "Unit") to raise up to an aggregate CAD$690,200 (the "Financing"). Each Unit will consist of one common share in the equity of the Company and one share purchase warrant (the "Warrant"). Each...
2017-03-31 2:35 PM EDT
Desert Gold Closes Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - March 10, 2017) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") Further to the press release dated November 22, 2016, the Company is pleased to announce that it has closed its private placement. The Company has sold 1,200,000 units at a price of $0.25 per unit, raising gross proceeds of $300,000.Each unit consists of one common share in the equity of the Company and one common...
2017-03-10 3:57 PM EST
Desert Gold Announces Extension of Its Non-Brokered Private Placement
Surrey, British Columbia--(Newsfile Corp. - February 24, 2017) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") announces that it has received consent from the Toronto Venture Stock Exchange ("TSXV") to extend the closing of its non-brokered private placement, initially announced November 22, 2016 to March 10, 2017. The financing consists of up to 4,000,000 units at a price of CAD$0.25 per unit (the "Unit") to raise up to an aggregate...
2017-02-24 5:39 PM EST
Desert Gold Announces Results of Extraordinary Meeting and Option Grant
Surrey, British Columbia--(Newsfile Corp. - January 30, 2017) - DESERT GOLD VENTURES INC. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or the "Company") announces that it held its extraordinary meeting on January 5, 2017 (the "Meeting"). At the Meeting shareholders approved the termination of the Company's 2012 Fixed Option Plan and the implementation of a 10% rolling Option Plan in its place, which is subject to approval by the Toronto Venture Stock Exchange.Shareholders also...
2017-01-30 7:22 PM EST
Desert Gold Announces Renewal of Its Djimbala Permit in Western Mali
Surrey, British Columbia--(Newsfile Corp. - January 20, 2017) - DESERT GOLD VENTURES INC. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or the "Company") is pleased to announce the successful renewal of the Company's Djimbala Gold permit in western Mali. The permit is now valid until December 21, 2018. The Djimbala permit is situated in the Yanfolila Gold Belt in an area that hosts regional scale fundamental structures. These structures are essential in the formation of gold...
2017-01-20 9:00 AM EST