Karus Gold Corp.

Recent News

  • Karus Gold Drills 12.4 Meters of 4.3 g/t Gold at FG Gold Confirming Continuity of the Lower Zone Discovery with Widely Spaced Holes

    Vancouver, British Columbia--(Newsfile Corp. - April 22, 2021) - Karus Gold Corp. ("Karus Gold" or the "Company") announces additional high-grade gold drill results including 12.4 meters ("m") of 4.3 g/t gold in hole FG-20-376, starting at 239.4 m downhole in the Lower Zone of the FG Gold Project ("Project" or "FG Gold"), part of the 1,000 square kilometer ("km") South Cariboo Gold Property in British Columbia. Additionally, hole FG-20-376 which intercepted 62.3 m of 1.7 g/t gold, confirms...

    2021-04-22 8:30 AM EDT
  • Karus Gold Closes Oversubscribed Rights Offering

    Vancouver, British Columbia--(Newsfile Corp. - March 24, 2021) - Karus Gold Corp. ("Karus Gold") is pleased to announce that the rights offering previously announced February 1, 2021 for 26,556,228 common shares with gross proceeds of CDN$3,983,434 (the "Rights Offering") has closed. Karus Gold remains on track for a TSX Venture exchange listing in Q2 2021.Karus Gold CEO Andrew Kaip commented, "The rights offering saw strong support from our shareholders including Mr. Eric Sprott and other insiders. Karus is...

    2021-03-24 9:25 AM EDT
  • Karus Gold Appoints Andrew Kaip as President and CEO

    Vancouver, British Columbia--(Newsfile Corp. - March 9, 2021) -  Karus Gold Corp. ("Karus Gold" or "Karus") is pleased to announce the appointment of Mr. Andrew Kaip as President and CEO effective immediately. As CEO, Mr. Kaip has also been appointed to the Board of Directors. Karus has also appointed Mr. David Whittle as Director and Chairman of the Audit Committee.Karus founder and Executive Chairman, James Hynes, commented, "On behalf of Karus Gold and our shareholders, I would like...

    2021-03-09 8:30 AM EST
  • Karus Gold Announces Rights Offering and Backstop Commitments

    Vancouver, British Columbia--(Newsfile Corp. - February 1, 2021) - Karus Gold Corp. ("Karus Gold") is pleased to announce that it will be conducting a rights offering to holders of its common shares at the close of business on the record date of February 8, 2021 (the "Record Date"). The offering will be for 26,556,228 common shares to raise gross proceeds of CDN$3,983,434 (the "Rights Offering")The Rights Offering is being undertaken to provide funds for exploration, development and social programs...

    2021-02-01 6:00 PM EST