Steppe Gold Announces Q2 2024 Financial Results Board Appointment and 2024 Production Guidance
Ulaanbaatar, Mongolia--(Newsfile Corp. - August 14, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the quarter ended June 30, 2024. The second quarter results shown below do not reflect the impact of the acquisition of Boroo Gold which was completed on August 1, 2024. The impact of the Boroo Gold acquisition and the sale of the Tres Cruces Project will be reflected in the third quarter results....
2024-08-14 4:30 PM EDT
Steppe Gold Completes Acquisition of Boroo Gold, Becomes the Leading Gold Producer in Mongolia
Ulaanbaatar, Mongolia--(Newsfile Corp. - August 1, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (the "Company" or "Steppe Gold") is pleased to announce the successful completion of the previously announced transaction between Steppe Gold and Boroo Gold LLC ("Boroo Gold"), whereby Steppe Gold has acquired all of the issued and outstanding common shares of Boroo Gold (the "Boroo Gold Transaction") from an indirect, wholly owned subsidiary of Boroo Pte Ltd. ("Boroo Singapore")....
2024-08-01 4:45 PM EDT
Steppe Gold Announces WSP Appointed as Engineering Design Partner on ATO Phase 2 Expansion Project
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 4, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to provide a further update on the Phase 2 Expansion at the 100% owned ATO Gold Mine (the "ATO Phase 2 Expansion"). The Company's engineering, procurement and construction partner, Hexagon Build Engineering LLC ("Hexagon"), an experienced engineering and construction company headquartered in Mongolia, has now contracted with the leading...
2024-07-04 7:00 AM EDT
Steppe Gold Shareholders Approve Boroo Gold Acquisition with 99% Support
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 2, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to provide an update on the pending transaction to acquire all of the issued and outstanding common shares of Boroo Gold LLC ("Boroo Gold"). Shareholders of the Company overwhelmingly approved the acquisition of Boroo Gold pursuant to the share exchange agreement dated April 11, 2024 (the "Share Exchange Agreement") and the sale of the...
2024-07-02 7:00 AM EDT
Steppe Gold Files Amended and Restated Technical Report for the Boroo and Ulaanbulag Gold Project
Ulaanbaatar, Mongolia--(Newsfile Corp. - June 21, 2024) - Steppe Gold Ltd. (TSX: STGO) ("Steppe Gold" or the "Company") announces that as a result of a review by staff of the Ontario Securities Commission, the Company has filed an amended and restated technical report for the Boroo and Ulaanbulag Gold Project entitled, "Boroo And Ulaanbulag Gold Project NI 43-101 Technical Report" (the "Amended Report") and is issuing the following news release regarding its disclosure on the Boroo and...
2024-06-21 8:00 AM EDT
Steppe Gold Announces Q1 2024 Financial Results
Ulaanbaatar, Mongolia--(Newsfile Corp. - May 15, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the quarter ended March 31, 2024. HIGHLIGHTS First Quarter Highlights (all figures in US$000's unless stated otherwise, except per unit figures which are in US$) Revenue for the three months ended March 31, 2024 amounted to $7,971 on sales of 3,723 gold ounces and 19,506 silver ounces, respectively....
2024-05-15 8:49 PM EDT
Steppe Gold Announces Mailing and Filing of Annual General and Special Meeting Materials in Connection with Proposed Transaction with Boroo Gold and Boroo Singapore
Ulaanbaatar, Mongolia--(Newsfile Corp. - May 13, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold") is pleased to announce that it has filed with the applicable Canadian securities regulatory authorities the management information circular dated May 8, 2024 and related meeting materials of Steppe Gold (the "Meeting Materials") for use at the annual general and special meeting (the "Meeting") of Steppe Gold shareholders (the "Shareholders") to be held in connection...
2024-05-13 8:25 PM EDT
Steppe Gold Announces 2023 Annual Financial Results
Ulaanbaatar, Mongolia--(Newsfile Corp. - April 1, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the year ended December 31, 2023. HIGHLIGHTS Fourth quarter and year ended December 31, 2023 Highlights (all figures in US$000's unless stated otherwise, except per unit figures which are in US$) Revenue for the three months and year ended December 31, 2023 amounted to $14,677 and $54,239 on sales of...
2024-04-01 10:18 PM EDT
Steppe Gold Announces Executive Changes
Ulaanbaatar, Mongolia--(Newsfile Corp. - March 28, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") announces today that Aneel Waraich has resigned as a director and executive vice president of the Company and Greg Wood has resigned as Chief Operating Officer of the Company, each effective March 28, 2024, and the board of directors has accepted their resignations. The Company would like to thank Mr. Wood and Mr. Waraich for their contributions...
2024-03-28 8:46 PM EDT
Steppe Gold Draw Downs US$40.4M for the Phase 2 Expansion of the ATO Gold Mine
Ulaanbaatar, Mongolia--(Newsfile Corp. - March 26, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce it has reached the next financing milestone for the Phase 2 Expansion at the 100% owned ATO Gold Mine (the "ATO Phase 2 Expansion"). This coincides with further progress on the turnkey engineering, procurement, and construction contract (the "EPC Contract"), and the second project finance draw down of US$40.4m. Highlights...
2024-03-26 9:24 AM EDT
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