Steppe Gold Announces Amended and Restated Gold Prepay Agreement
Ulaanbaatar, Mongolia--(Newsfile Corp. - March 21, 2024) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce that Steppe Investments Limited, a wholly owned subsidiary of the Company, has entered into an amended and restated gold prepay agreement (the "Prepay Agreement") with Triple Flag International Ltd. ("Triple Flag") for an additional advance under its previously negotiated short-term gold prepay facility (the "Triple Flag...
2024-03-21 8:15 PM EDT
Steppe Gold to Acquire Boroo Gold to Create Mongolia's Leading Gold Producer
Ulaanbaatar, Mongolia--(Newsfile Corp. - January 22, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold") is pleased to announce that it has entered into a binding term sheet (the "Term Sheet") pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares (the "BG Common Shares") of Boroo Gold LLC ("Boroo Gold") in an all-share transaction (the "Proposed Transaction"). Transaction...
2024-01-22 7:00 AM EST
Steppe Gold Signs EPC Contract for Phase 2 ATO Expansion
Ulaanbaatar, Mongolia--(Newsfile Corp. - January 9, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce that it has entered into a turnkey engineering, procurement and construction contract (the "EPC Contract"), with Hexagon Build Engineering LLC ("Hexagon") for the Phase 2 Expansion at the ATO Gold Mine (the "Phase 2 Expansion"). Hexagon is an experienced construction group active in Mongolia and internationally. As at the...
2024-01-09 8:00 AM EST
Steppe Gold Ltd to Present at the Emerging Growth Conference on December 6, 2023
Toronto, Ontario--(Newsfile Corp. - December 5, 2023) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9), ("Steppe Gold" or the "Company") is pleased to announce that it has been invited to present at the Emerging Growth Conference on Wednesday, December 6, 2023. The next Emerging Growth Conference is presenting on Wednesday, December 6, 2023. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the...
2023-12-05 9:19 AM EST
Steppe Gold Announces Third Quarter 2023 Financial Results
Ulaanbaatar, Mongolia--(Newsfile Corp. - November 14, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the third quarter ended September 30, 2023. HIGHLIGHTS Third quarter and nine months ended September 30, 2023 Highlights (all figures in US$000's unless stated otherwise, except per unit figures which are in US$) Revenue for the three and nine months ended September 30, 2023, amounted to $15,765...
2023-11-14 7:00 AM EST
Steppe Gold Provides Corporate Update - over 100,000 Oz Gold Production
Ulaanbaatar, Mongolia--(Newsfile Corp. - October 23, 2023) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to provide an operations update. Highlights: (all $ figures USD unless stated) ATO Gold Mine production passes the 100,000 oz threshold Project to date mined ore has reached 3.894M tonnes Project to date stacked ore has reached 3.529M tonnes Increasing its annual production from approximately 30koz in 2023 and 2024 to over 100koz Au...
2023-10-23 7:00 AM EDT
Steppe Gold Starts Drawdowns - US$9.6M from US$150M Phase 2 Project Financing Package
Ulaanbaatar, Mongolia--(Newsfile Corp. - October 16, 2023) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to provide an update on the Phase 2 expansion. Phase 2 Expansion Updates: Steppe Gold draws down $9.6m from a US$150m financing package in October to accelerate the construction and development of Phase 2 Expansion. EPC arrangements are in the final stages, partnering with leading international engineering firms and construction...
2023-10-16 7:03 AM EDT
Steppe Gold Announces Filing of Early Warning Report
Ulaanbaatar, Mongolia--(Newsfile Corp. - October 2, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe") announces that on September 27, 2023, Aranjin Resources Ltd. ("Aranjin"), with a head office address of Suite 202, 2438 Marine Drive, West Vancouver, British Columbia, V7V 1L1,converted the $1,814,400 principal amount of the outstanding convertible debenture held by Steppe to common shares of Aranjin ("Common Shares") at a price of $0.055 per Common Share, resulting in...
2023-10-02 10:34 PM EDT
Steppe Gold Ltd to Present at the Emerging Growth Conference on September 7, 2023
Toronto, Ontario--(Newsfile Corp. - September 6, 2023) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce that it has been invited to present at the "Emerging Growth Conference 62" on Thursday, September 7, 2023. Tomorrow's live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company's Executive Vice President & Director, Aneel Waraich, in real time. Mr....
2023-09-06 9:29 AM EDT
Steppe Gold Issues Inaugural ESG Report
Ulaanbaatar, Mongolia--(Newsfile Corp. - August 24, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce the release of its inaugural Environmental, Social and Governance ("ESG") Report. The report is the Company's first annual disclosure of its approach and performance on a range of material ESG topics as well as the Company's plans and priorities for 2023 and beyond. The report is available on Steppe Gold's website at...
2023-08-24 8:45 AM EDT
Steppe Gold Files Updated Preliminary Economic Assessment for the Tres Cruces Oxide Gold Project
Ulaanbaatar, Mongolia--(Newsfile Corp. - August 22, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce the filing of an updated preliminary economic assessment (the "Technical Report") regarding its 100% owned Tres Cruces Oxide Gold Project located in Peru ("Tres Cruces"). Chairman and CEO of Steppe Gold, Bataa Tumur-Ochir commented, "We are delighted to announce this updated technical study for the Tres Cruces project. Tres...
2023-08-22 11:46 AM EDT
Steppe Gold Announces Second Quarter 2023 Financial Results
Ulaanbaatar, Mongolia--(Newsfile Corp. - August 14, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the the second quarter ended June 30, 2023. HIGHLIGHTS Second Quarter Highlights (all figures, except per unit amounts, in US$000's unless stated otherwise) Revenue for the three and six months ended June 30, 2023, was $14,272 and $23,797 on gold sales of 6,880 ounces and 11,888 ounces with average...
2023-08-14 8:57 AM EDT
Steppe Gold Provides Second-Quarter Corporate Update
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 17, 2023) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to provide an operations update following the conclusion of the second quarter. Highlights: Phase 2 Expansion financing announced and first funds available in July. EPC arrangements in the final stages and announcement planned by end July. Q2 production at 6,663 oz and targeting guidance of 25-30,000 oz for the full year. Exploration...
2023-07-17 8:25 AM EDT
Steppe Gold Signs Binding Term Sheet for US$150 Million to Fully Fund the Phase 2 Expansion at the ATO Gold Mine
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 11, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is very pleased to announce it has signed a binding term sheet (the "Term Sheet") to provide up to US$150 million in financing to fully fund the construction and completion of the Phase 2 Expansion at the ATO Gold Mine (the "Phase 2 Expansion"). ATO Phase 2 Expansion Highlights: US$150 million fully funded to finance the Phase 2 Expansion of the ATO...
2023-07-11 8:16 AM EDT
Steppe Gold Ltd. Completes Acquisition of Growth-Oriented Mining Company, Anacortes Mining Corp.
Ulaanbaatar, Mongolia--(Newsfile Corp. - June 29, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (the "Company" or "Steppe") is pleased to announce the successful completion of the previously announced plan of arrangement (the "Arrangement") between Steppe and Anacortes Mining Corp. ("Anacortes"), whereby Steppe has acquired all of the issued and outstanding common shares of Anacortes (the "Anacortes Common Shares"), effective June 28, 2023. Under the terms of the Arrangement,...
2023-06-29 7:15 AM EDT
Steppe Gold Announces Anacortes Mining Shareholders Approve Plan of Arrangement
Ulaanbaatar, Mongolia--(Newsfile Corp. - June 19, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold") and Anacortes Mining Corp. (TSXV: XYZ) (OTCQX: XYZFF) ("Anacortes", together with Steppe Gold, the "Companies") are pleased to announce that the shareholders of Anacortes (the "Anacortes Shareholders") approved the previously announced acquisition by Steppe Gold of all of the issued and outstanding common shares of Anacortes (each, an "Anacortes Share") by way of a...
2023-06-19 6:54 PM EDT
Steppe Gold Announces New President
Ulaanbaatar, Mongolia--(Newsfile Corp. - June 14, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce that, subject to regulatory approval, Byambatseren Tsogbadrakh will assume the role of President. Mr Bataa Tumur-Ochir will resign as President of the Company and will remain as Chairman and Chief Executive Officer of the Company. Ms Byambatseren Tsogbadrakh is a founding member of the Steppe Gold team and she has held...
2023-06-14 8:45 AM EDT
Steppe Gold Announces New Chairman
Ulaanbaatar, Mongolia--(Newsfile Corp. - June 5, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce that the chief executive officer of the Company (the "CEO"), Mr Bataa Tumur-Ochir will also assume the role of Chairman, effective immediately. Mr Bataa Tumur-Ochir is a founding Director of Steppe Gold and he has led the Company as CEO since December 2019. He is also now the largest shareholder of the Company, on a partially...
2023-06-05 8:30 AM EDT
Steppe Gold Announces Q1 2023 Financial Results
Ulaanbaatar, Mongolia--(Newsfile Corp. - May 15, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the the quarter ended March 31, 2023. HIGHLIGHTS First Quarter Highlights (all figures in US$000's unless stated otherwise) Revenue for the three months ended March 31, 2023, was $9,525 on sales of 5,008 gold ounces and 651 silver ounces with average realized prices per ounce of $1,899 and $19...
2023-05-15 4:15 PM EDT
Steppe Gold Completes $12.1M Upsized Private Placement, with Participation by Eric Sprott and Steppe Gold's Management
Ulaanbaatar, Mongolia--(Newsfile Corp. - May 11, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (the "Company"), is pleased to announce that it has successfully completed a non-brokered private placement (the "Private Placement"), raising a total of $12.1 million, which was upsized from the original estimate of $9 million. The private placement included participation from the Company's management and 2176423 Ontario, a company beneficially owned by Eric Sprott. Under the Private...
2023-05-11 6:45 AM EDT