XAU Resources Inc. Signs Letter of Intent for Possible Qualifying Transaction
Toronto, Ontario--(Newsfile Corp. - August 17, 2021) - XAU Resources Inc. (TSXV: GIG.P) ("XAU" or the "Corporation") is pleased to announce that it has entered into a non-binding letter of intent (the "LOI") with North West Exploration Inc. ("NWE") with respect to an option to acquire a 100% interest in the Noseno Property, in Guyana (the "Transaction"). The Noseno Property is located in north-western Guyana in one of Guyana's prospective greenstone belts, 210 kilometers west-northwest of...
2021-08-17 6:38 PM EDT
XAU Announces Update Regarding Annual Meeting of the Shareholders
Toronto, Ontario--(Newsfile Corp. - June 29, 2021) - XAU RESOURCES INC. (TSXV: GIG.P) (the "Corporation") is pleased to announce that its shareholders approved all matters brought before them at the Corporation's annual general meeting of shareholders held today, including all matters related to the changes to the TSX Venture Exchange Policy 2.4 - Capital Pool Companies that came into effect on January 1, 2021. For further information please contact: Gary Bay Chief Executive Officer Tel:...
2021-06-29 12:02 PM EDT
XAU Resources Announces Update Regarding Director
Toronto, Ontario--(Newsfile Corp. - June 8, 2021) - XAU RESOURCES INC. (TSXV: GIG.P) (the "Corporation") announces that one of its directors, Alexey Maslovskiy, was placed on the federal wanted list of the Russian Interior Ministry. The Interior Ministry, however, did not specify the charge against Mr. Maslovskiy. This action mirrors the arrest of his father, Dr. Pavel Maslovskiy, who is presently detained by the Russian authorities. The board of directors of the Corporation has investigated...
2021-06-08 9:38 PM EDT
XAU Resources Announces Changes in Accordance with New CPC Policy and Reinstatement to Trade on the TSX Venture Exchange
Toronto, Ontario--(Newsfile Corp. - June 3, 2021) - XAU RESOURCES INC. (TSXV: GIG.P) (the "Corporation") is pleased to announce its intention to implement (subject to shareholder approval) certain amendments to avail itself of changes arising from the TSX Venture Exchange's amended Policy 2.4 - Capital Pool Companies that came into effect on January 1, 2021 (the "New CPC Policy"). Under the New CPC Policy, an existing Capital Pool Company ("CPC") can implement some changes under the New CPC...
2021-06-03 9:14 AM EDT
XAU Resources Announces Suspension of Trading by the TSX Venture Exchange
Toronto, Ontario--(Newsfile Corp. - April 13, 2021) - XAU RESOURCES INC. (TSXV: GIG.P) (the "Corporation") announces that on April 13, 2021 the TSX Venture Exchange suspended trading in the Corporation's securities as a result of a Cease Trade Order (the "CTO") issued by the Ontario Securities Commission. The CTO was issued as a result of the Corporation's failure to file its interim financial statements, management's discussion and analysis, and certificate of the foregoing filings for the...
2021-04-13 12:46 PM EDT
XAU Resources Announces Cease Trade Order Issued by the Ontario Securities Commission
Toronto, Ontario--(Newsfile Corp. - April 13, 2021) - XAU RESOURCES INC. (TSXV: GIG.P) (the "Corporation") announces that on April 8, 2021 a Cease Trade Order (the "CTO") was issued by the Ontario Securities Commission as a result of the Corporation's failure to file the following periodic disclosure required by Ontario securities legislation: Interim financial statements for the period ended January 31, 2021; Management's discussion and analysis relating to the interim financial statements...
2021-04-13 12:13 PM EDT
XAU Resources Announces Cease Trade Order Issued by the Ontario Securities Commission
Toronto, Ontario--(Newsfile Corp. - April 9, 2021) - XAU RESOURCES INC. (TSXV:GIG.P) (the "Corporation") announces that on April 8, 2021 a Cease Trade Order (the "CTO") was issued by the Ontario Securities Commission as a result of the Corporation's failure to file the following periodic disclosure required by Ontario securities legislation: Interim financial statements for the period ended January 31, 2021; Management's discussion and analysis relating to the interim financial statements for...
2021-04-09 1:29 PM EDT
XAU Resources Announces Resignation of Director
Toronto, Ontario--(Newsfile Corp. - February 16, 2021) - XAU RESOURCES INC. (TSXV: GIG.P) (the "Corporation") announces that a member of its board of directors, Dr. Pavel Maslovskiy, was unexpectedly arrested in Moscow, Russia and detained in connection with a commercial matter unrelated to the Corporation. Dr. Maslovskiy rejects the charges of the Russian authorities, which he contends are false and without merit, and intends to mount a vigorous defence. Nevertheless, Dr. Maslovskiy has...
2021-02-16 8:22 AM EST
XAU Resources Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - April 24, 2020) - April 24, 2020 - XAU RESOURCES INC. (TSXV: GIG.P) (the "Corporation") is pleased to announce, further to its press release dated April 7, 2020, it has closed the private placement of 200,000 common shares of the Corporation at a price of $0.05 per share, raising gross proceeds of $10,000. The shares issued are currently held to escrow in accordance with the TSX Venture Exchange's CPC escrow policy. For further information please contact:...
2020-04-24 5:05 PM EDT
XAU Resources Announces New CFO and Proposed Private Placement
Toronto, Ontario--(Newsfile Corp. - April 7, 2020) - XAU RESOURCES INC. (TSXV: GIG.P) (the "Corporation") is pleased to announce that Andrey Maruta has been appointed as its Chief Financial Officer and Corporate Secretary. Mr. Maruta has over 16 years of experience in the mining and metals industry, including his current position as Group Chief Financial Officer for Kore Potash plc, a company listed on the AIM, JSE and ASX exchanges, and past experience as Chief Financial Officer of...
2020-04-07 5:00 PM EDT
XAU Resources Inc. Announces Passing of Its Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - January 16, 2020) - XAU RESOURCES INC. (TSXV: GIG.P) (the "Corporation") regrettably announces the untimely passing of its Chief Financial Officer, Enrico Visentini. Mr. Visentini played an instrumental role in guiding the Corporation through its initial public offering and listing on the TSX Venture Exchange. Mr. Visentini was an experienced, effective and kind corporate finance professional, and he will be missed. Mr. Gary Bay, the Chief Executive Officer...
2020-01-16 12:41 PM EST
XAU Resources Inc. Completes Initial Public Offering
Toronto, Ontario--(Newsfile Corp. - July 18, 2019) - XAU RESOURCES INC. (TSXV: GIG.P) (the "Corporation") is pleased to announce that it has completed an initial public offering of 4,411,500 common shares of the Corporation (the "Common Shares") at a price of $0.10 per Common Share for gross proceeds of $441,150 (the "Offering"). Following the closing of the Offering, a total of 8,411,500 Common Shares are issued and outstanding, of which 4,000,000 are currently held in escrow pursuant to the...
2019-07-18 4:15 PM EDT