Algold Resources Ltd.

Recent News

  • Algold Resources Acquired by Aya Gold & Silver

    Montreal, Quebec--(Newsfile Corp. - June 11, 2021) - Algold Resources Ltd. (TSXV: ALG) ("Algold") is pleased to announce that its previously announced Proposal and reorganization closed today. Effective henceforth, Algold is a wholly owned subsidiary of Aya Gold & Silver Inc (TSX: AYA) and is no longer a reporting issuer under applicable securities laws.For additional information, please contact:Algold Resources Ltd.1320, boul. Graham, bureau 132, Mont-Royal, Québec, H3P 3C8Yves GrouInterim Chief Financial OfficerTel: +1 (514) 237-7757y.grou@algold.comNot for distribution to U.S. news...

    2021-06-11 11:45 AM EDT
  • Algold Resources: Approval of Proposal

    Montreal, Quebec--(Newsfile Corp. - March 5, 2021) -  Algold Resources Ltd. (TSXV: ALG) ("Algold") is pleased to report that the proposal made in the context of the Notice of Intention (NOI) was approved today by its creditors. The motion for the homologation of the proposal and the Reorganization under which Algold will become a wholly owned subsidiary of Aya Gold & Silver Inc. ("Aya"), will be heard on March 26, 2021 at 8:45 am, in courtroom 16.10 of the Montreal...

    2021-03-05 5:15 PM EST
  • Algold Resources to Become Wholly Owned Subsidiary of Aya Gold & Silver

    Montreal, Quebec--(Newsfile Corp. - March 4, 2021) - Algold Resources Ltd. (TSXV: ALG) ("Algold") is pleased to provide additional information on the proposed reorganization of its share capital, which under the Investment Agreement with Aya Gold & Silver Inc. (TSX: AYA) ("Aya"), should lead to Algold becoming a wholly owned subsidiary of Aya.Under the proposed reorganization, Algold intends to exchange each Algold common share for one "Redeemable Share", which will be redeemed through the issuance of Aya shares. Algold shareholders...

    2021-03-04 10:49 AM EST
  • Algold Resources Signs Binding Term Sheet with Aya Gold & Silver in Context of Its Proposal

    Montreal, Quebec--(Newsfile Corp. - February 19, 2021) -  Algold Resources Ltd. (TSXV: ALG) ("Algold") announced today that, in the context of its Proposal, it has entered into a binding agreement (the "Investment Agreement") with Aya Gold & Silver Inc. (TSX: AYA) ("Aya") whereby Aya will fund its Proposal and at closing, become sole shareholder of Algold (the "Transaction"). Under the terms of the Investment Agreement, existing Algold shares will be cancelled and Aya will subscribe for 100% of the...

    2021-02-19 5:50 PM EST
  • Algold Resources Announces Filing of Proposal

    Montreal, Quebec--(Newsfile Corp. - February 12, 2021) - Algold Resources Ltd. (TSXV: ALG.H) ("Algold") announced today that it has filed a proposal ("the Proposal"). The Proposal provides, among other things, for the reorganization of Algold's share capital. Subsequent to the approval of the Proposal and the reorganization of Algold's share capital, as the case may be, Articles of Reorganization will be filed with the director appointed under the Canada Business Corporations Act.The board of directors of Algold determined that...

    2021-02-12 3:18 PM EST
  • Algold Resources Files Notice of Intention to Make a Proposal

    Montreal, Quebec--(Newsfile Corp. - January 15, 2021) -  Algold Resources Ltd. (TSXV: ALG) ("Algold") announced today that it has filed a Notice of Intention to Make a Proposal ("NOI"). Raymond Chabot Grant Thornton ("RCGT") has been appointed to assist the Corporation under the NOI.The board of directors of Algold determined that the NOI is in the best interests of Algold and its various stakeholders to allow the development of the Tijirit Project in Mauritania.About Algold ResourcesAlgold Resources Ltd. is focused...

    2021-01-15 12:56 PM EST
  • IIROC Trade Resumption - Algold Resources Ltd.

    Vancouver, British Columbia--(Newsfile Corp. - March 8, 2017) - Trading resumes in: Company: Algold Resources Ltd.

    2017-03-08 4:08 PM EST
  • IIROC Trade Halt - Algold Resources Ltd.

    Vancouver, British Columbia--(Newsfile Corp. - March 8, 2017) - The following issues have been halted by IIROC: Company: 

    2017-03-08 3:43 PM EST