New Karus Board of Directors to Reinvigorate Exploration at Highly Prospective South Cariboo and Mineral Creek Properties in BC
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2025) - Karus Mining Inc. (the "Company" or "Karus") announces that following recent changes to the Board of Directors (June 30, 2025 Press Release), Karus is fast-tracking the re-start of exploration at the highly prospective district scale South Cariboo and Mineral Creek assets.The Board of Directors and Management of the Company have:Initiated search for a new CEO and supporting exploration team. Through this process, Alex Gostevskikh will remain as interim CEO;Assembled a Technical...
2025-07-16 5:19 PM EDT
Karus Announces Changes to the Board of Directors and Strategic Fast-Tracking of Exploration Activities
Vancouver, British Columbia--(Newsfile Corp. - June 30, 2025) - Karus Mining Inc. (the "Corporation" or "Karus") announces the resignation of Alex Gostevskikh as a director, and the appointments of Mr. Scott Trebilcock and Mr. Andrew Kaip to its board of directors, and the engagement of Mr. Michael Tucker as a technical advisor to the board of directors. Chairman's CommentsTony Cina, Chairman of the Board, comments, "Scott, Andrew and Michael are welcomed additions to the Company. Collectively, they bring...
2025-06-30 6:26 PM EDT
Karus Announces Changes to Board
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2025) - Karus Mining Inc. (the "Corporation" or "Karus") is pleased to announce the appointment of Mr. Manni Buttar to its board of directors. Mr. Buttar replaces Sofia Tsakos who has resigned as a director.Alex Gostevskikh, CEO of Karus commented "On behalf of the Board and the Company's management team, we wish to thank Ms. Tsakos for her contributions to the Company and wish her all the best in her future endeavors."Mr....
2025-03-04 5:36 PM EST
Karus Mining Change of Chief Financial Officer and Auditor
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2024) - Karus Mining Inc. (the "Corporation" or "Karus") announces that a new Chief Financial Officer ("CFO") has been appointed. Effective today, Anil Jiwani has resigned as the Company's CFO, and Dave Cross has been appointed as his successor. The Company would like to thank Mr. Jiwani for his service to the Company.We are very fortunate to have added Dave Cross to the Karus team as CFO effective immediately. Mr. Cross is...
2024-06-28 6:25 PM EDT
Karus Mining Inc. - Early Warning Disclosure
Vancouver, British Columbia--(Newsfile Corp. - April 18, 2024) - Karus Mining Inc. (the "Corporation" or "Karus") announces, further to its news release of March 13, 2024 regarding the completion of its amalgamation with Theia Gold Corp. ("Theia"), that it has issued an additional 2,661,936 common shares pursuant to certain contractual obligations of Theia. As a result, two persons are required to announce their share holdings in accordance with National Instrument 62-103 The Early Warning System and Related Take Over...
2024-04-18 9:34 PM EDT
Karus Appoints Alex Gostevskikh as CEO and Director
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2024) - Karus Mining Inc. (the "Corporation" or "Karus") is pleased to announce the appointment of Alex Gostevskikh as a Director and Chief Executive Officer of the Corporation. Alex Gostevskikh MSc MBA, is a geologist with over 30 years of experience in international mining and exploration for such commodities as gold, uranium, and base metals. He has extensive corporate experience through his involvement with a number of listed companies on the TSX...
2024-03-28 5:30 PM EDT
Karus Completes Amalgamation with Theia Gold Corp
Vancouver, British Columbia--(Newsfile Corp. - March 14, 2024) - Karus Mining Inc. (the "Corporation" or "Karus") is pleased to announce, further to its news releases dated August 14, 2023, December 18, 2023, and February 14, 2024, the completion of its previously announced amalgamation (the "Transaction") with Theia Gold Corp. ("Theia").Pursuant to the terms of an amalgamation agreement dated December 13, 2023, as amended (the "Amalgamation Agreement"), the Amalgamation was completed by way of a three-cornered amalgamation with Karus, Theia and...
2024-03-14 3:43 PM EDT
Karus Completes Name Change and Consolidation in Connection with Acquisition of Theia Gold Corp
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2024) - Karus Gold Corp. (the "Corporation" or "Karus") is pleased to announce, further to its news releases dated August 14, 2023 and December 18, 2023, the completion of its previously announced common share consolidation on the basis of one (1) post-consolidation Karus common share for every ten (10) pre-consolidation Karus common shares (the "Consolidation"). In addition, as permitted by the Articles, the board of directors has approved and completed the change of...
2024-02-14 8:20 AM EST
Karus Enters into Amalgamation Agreement with Theia Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2023) - Karus Gold Corp. (the "Corporation" or "Karus") announces it has signed an amalgamation agreement dated December 13, 2023 (the "Agreement") pursuant to which a wholly-owned subsidiary of Karus will amalgamate with Theia Gold Corp. ("Theia") and each of the issued and outstanding common shares of Theia following the amalgamation will immediately be exchanged for 2.5414 common shares of Karus (the "Exchange Ratio") on a post 10:1 consolidation basis (collectively, the "Proposed Transaction")....
2023-12-18 10:57 AM EST
Karus Announces Changes to Board at Annual General and Special Meeting
Vancouver, British Columbia--(Newsfile Corp. - September 14, 2023) - Karus Gold Corp. (the "Corporation" or "Karus") announces that all matters proposed at the Annual General and Special Meeting of shareholders (the "AGSM") held today at 10:00AM Pacific Time were approved, including changes to the Board of Directors ("Board"). As previously disclosed in the information circular sent to shareholders in support of the AGSM, Mr. Joe Ovnesek did not stand for re-election to the Board and Mr. Jay Sujir was nominated...
2023-09-14 4:02 PM EDT
Karus Signs Binding Letter of Intent to Acquire Theia Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2023) - Karus Gold Corp. (the "Corporation" or "Karus") announces it has signed a binding Letter of Intent to acquire 100% of the issued and outstanding common shares (the "Theia Common Shares") of Theia Gold Corp. ("Theia"), a private British Columbia incorporated company, by way of a business combination transaction that will result in the reverse takeover of Karus by Theia (the "Proposed Transaction"). James Hynes, Karus Director commented, "The Proposed Transaction with...
2023-08-14 6:18 PM EDT
Karus Announces 2023 Exploration Program and Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - Karus Gold Corp. ("Karus" or the "Company"), a gold exploration company focused on the South Cariboo Gold District in British Columbia, announces a 2023 gold exploration program, changes to Karus' board of directors (the "Board") and management and a grant of restricted share units. 2023 Exploration ProgramKarus will undertake a 2023 exploration program which it expects to begin in Q3. The program is expected to focus on target generation of...
2023-08-03 9:31 AM EDT
Karus and Kenadyr Mutually Agree to Terminate Arrangement Agreement
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2023) - Karus Gold Corp. ("Karus" or the "Company"), a gold exploration company focused on the South Cariboo Gold District in British Columbia, announces the mutual termination of the arrangement agreement (the "Arrangement Agreement") entered into with Kenadyr Metals Corp. (TSXV: KEN) (OTC Pink: KNDYF) ("Kenadyr") on December 28, 2022 in respect of the proposed transaction with Kenadyr previously announced on December 30, 2022 (the "Proposed Transaction"). Kenadyr was unable to raise sufficient...
2023-07-11 3:29 PM EDT
Karus Gold Provides Update on Proposed Transaction with Kenadyr Metals
Vancouver, British Columbia--(Newsfile Corp. - April 4, 2023) - Karus Gold Corp. ("Karus" or the "Company"), a gold exploration company focused on the South Cariboo Gold District in British Columbia, provides an update on the proposed transaction with Kenadyr Metals Corp. (TSXV: KEN) (OTC Pink: KNDYF) ("Kenadyr") as previously announced on December 30, 2022 (the "Proposed Transaction"). Karus and Kenadyr continue to work to complete the Proposed Transaction and the definitive binding agreement between Karus and Kenadyr (the "Agreement") remains...
2023-04-04 9:00 AM EDT
Karus Gold Enters Into Definitive Agreement to Be Acquired by Kenadyr Metals
Vancouver, British Columbia--(Newsfile Corp. - December 30, 2022) - Karus Gold Corp. ("Karus" or the "Company"), a gold exploration company focused on the South Cariboo Gold District in British Columbia, announces it has entered into a definitive binding agreement (the "Agreement") to be acquired by Kenadyr Metals Corp. (TSXV: KEN) (OTC Pink: KNDYF) ("Kenadyr") on the same terms previously announced on November 16, 2022. Per the Agreement, Kenadyr will acquire 100% of the issued and outstanding common shares of...
2022-12-30 1:07 PM EST
Karus Gold Enters Non-Binding Letter of Intent to Be Acquired by Kenadyr Metals
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2022) - Karus Gold Corp. ("Karus" or the "Company"), a gold exploration company focused on the South Cariboo Gold District in British Columbia, announces it has signed a non-binding arm's length Letter of Intent ("LOI") to be acquired by Kenadyr Metals Corp. ("Kenadyr"). Per the LOI, Kenadyr will acquire 100% of the issued and outstanding common shares of Karus (the "Karus Common Shares") via a Kenadyr issuance of common shares resulting in a...
2022-11-16 8:00 AM EST
Karus Announces Filing of South Cariboo Gold District Technical Report
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2022) - Karus Gold Corp. ("Karus Gold" or the "Company"), a growing exploration company focused on the South Cariboo Gold District in British Columbia, is pleased to announce that it has filed on SEDAR an independent technical report titled "Technical Report on the South Cariboo Property, British Columbia, Canada" effective June 1, 2022, and dated June 6, 2022 (the "Technical Report"). The Technical Report was prepared in accordance with National Instrument 43-101...
2022-06-17 4:30 PM EDT
Karus Gold Drives Forward with TSX Venture Exchange Listing and Announces Leadership Transition
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2022) - Karus Gold Corp. ("Karus Gold" or the "Company"), a gold exploration company focused on the South Cariboo Gold District in British Columbia, announces submission of an updated listing application to the TSX Venture Exchange ("TSX-V"). Following review and approval by the TSX-V, Karus Gold shares will be listed on the TSX-V under the trading symbol "KARG". Karus Gold expects the listing process to be complete by the fall of...
2022-06-10 12:35 PM EDT
Karus Gold Drills 13.9 Meters of 3.01 g/t Gold within Broader Interval of 74.3 Meters of 1.06 g/t Gold at FG Gold
Vancouver, British Columbia--(Newsfile Corp. - May 18, 2022) - Karus Gold Corp. ("Karus Gold" or the "Company") announces additional high-grade gold drill results including 13.9 meters ("m") of 3.01 grams per tonne ("g/t") gold within a broader interval of 74.3 m of 1.06 g/t gold confirming the presence of high-grade gold corridors below historical drilling at the FG Gold Project ("Project" or "FG Gold"), part of the Company's 1,000 square kilometer ("km") South Cariboo Gold District in British Columbia (Figure...
2022-05-18 9:00 AM EDT
Karus Gold Drills 17.87 Meters of 2.23 g/t Gold within Broader Interval of 59.35 Meters of 1.13 g/t Gold at FG Gold
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2022) - Karus Gold Corp. ("Karus Gold" or the "Company") announces additional high-grade gold drill results from its 2021 drill program, including 17.87 meters ("m") of 2.23 grams per tonne ("g/t") gold within a broader interval of 59.35 m of 1.13 g/t gold. These results further confirm the presence of high-grade gold corridors below historical drilling at the FG Gold Project ("Project" or "FG Gold"), part of the Company's 1,000 square kilometer ("km")...
2022-04-06 9:00 AM EDT