Onyx Announces an Increase to Its Previously Announced Financing to $11 Million with the Addition of a $3 Million Second Tranche of Flow-Through Shares
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") is pleased to announce that in connection with its previously announced $3,000,000 non-brokered private placement with a strategic investor (the "Concurrent Private Placement") and $5,000,000 "bought deal" private placement, the Company and Cormark Securities Inc., together with Agentis Capital Markets Limited Partnership on behalf of a syndicate of underwriters...
2025-05-08 5:25 PM EDT
Onyx Arranges $3 Million Investment by Strategic Investor and Concurrent $5 Million Bought Deal Financing
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") announces today that it has entered into an agreement with Cormark Securities Inc. and and Agentis Capital Markets Limited Partnership, as co-lead underwriters on behalf of a syndicate of underwriters (collectively, the "Underwriters"), in connection with a "bought deal" private placement of 5,000,000 common shares of the Company that qualify as "flow-through...
2025-05-07 6:38 PM EDT
Onyx Gold Announces Warrant Acceleration and over $1 Million Exercised to Date
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") announces today the acceleration of the expiry of outstanding common share purchase warrants (the "Warrants") of the Company that were originally issued July 6, 2023 and amended January 29, 2025 (see news release, Jan 29, 2025). Out of the original 7,143,999 in total Warrants issued at an amended purchase price of $0.30, 3,419,111 Warrants have been...
2025-04-24 6:49 PM EDT
Onyx Gold Intersects 3.4 g/t Gold Over 69.6 Meters Including 5.4 g/t Gold over 34.5 Meters at Munro-Croesus Project and Announces Option Agreement
Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased to announce new high-grade drill results from hole MC24-163, at the Argus North Zone, a newly identified gold zone located 100 meters ("m") north of the main Argus Zone trend at its 100% owned Munro-Croesus Project ("Munro-Croesus" or the "Project"), 75 km east of Timmins, Ontario. In addition, the Company has signed an option agreement (the...
2025-04-10 6:30 AM EDT
Onyx Gold Announces Proposed Warrant Amendments and Corporate Updates
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") announces that it intends to amend the exercise price of 7,143,999 common share purchase warrants (the "Warrants") that were issued pursuant to a private placement of units that closed on July 6, 2023. Each Warrant is currently exercisable to purchase one common share of the Company (a "Share") at a price of $0.75 for 24 months from the date...
2025-01-29 6:30 AM EST
Onxy Gold Corp Recaps 2024 Exploration Work
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) is pleased to reflect on a year of new gold discoveries, strategic acquisitions, and exploration milestones. 2024 marked a period of remarkable growth for Onyx Gold, solidifying its position as one of the leading explorers in the Timmins Gold Camp in Ontario and the Eastern Tombstone Gold Belt in the Yukon. With a clear focus on advancing key assets, the Company expanded its...
2024-12-19 8:00 AM EST
Onyx Gold Confirms High-Grade Gold at King Tut Property, Yukon
Vancouver, British Columbia--(Newsfile Corp. - November 11, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased to announce the final results from the 2024 summer field program at the Company's King Tut Property ("King Tut" or the "Property"), in Yukon's Tombstone Gold Belt (Figure 1). Highlights of the 2024 Summer Field ProgramThe 2024 field program included soil and rock sampling, detailed geological and vein mapping, and reprocessing and inverting...
2024-11-11 8:00 AM EST
Onyx Gold Issues Incentive Stock Options
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") announces that it has granted incentive stock options (the "Options") under the Company's Omnibus Share Incentive Plan to officers, directors, employees, and consultants of the Company. An aggregate of 1,650,000 Options were granted at an exercise price of $0.20 per share for a period of five years. All of the Options are subject to vesting over the...
2024-10-04 3:11 PM EDT
Onyx Acquires Additional Mineral Property in Timmins Camp
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("ONYX" or the "Company") is pleased to announce that it has entered into an agreement to acquire a property consisting of one mining lease and four unpatented mining claims from an arm's length party located in the Matheson area, east of Timmins, Ontario. The Property is contiguous with the Company's Munro-Croesus Property ("Munro-Croesus" or the "Project") which will total 10,588...
2024-09-24 9:42 PM EDT
Onyx Gold Intersects 1.87 g/t Gold Over 48.1 Meters at the Argus Zone, Munro-Croesus Project, Timmins, Ontario
Vancouver, British Columbia--(Newsfile Corp. - September 10, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") is pleased to announce the final results from the Company's earlier drilling campaign at its Munro-Croesus Project ("Munro-Croesus" or the "Project") in the Timmins gold camp, Ontario (Figure 1). Assay results from the final drill hole of the Company's 2024 drill Program (the "Program") returned a new wide zone of strong gold mineralization located...
2024-09-10 7:00 AM EDT
Onyx Gold Bolsters Munro-Croesus Land Position with Large New Acquisition in Timmins, Ontario
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") is pleased to announce that it has completed the acquisition of a portfolio of Properties (the "Property") from an arm's length party (the "Vendor") located in the Matheson area, east of Timmins, Ontario.The Matheson portfolio, consisting of four (4) properties (Highway, Tax, Hewitt, and Munro), increases the Munro-Croesus Property ("Munro-Croesus" or the...
2024-09-09 8:31 PM EDT
Onyx Gold Intersects 1.0 g/t Gold over 63.3 Meters in 50 m Step-Out on the Argus Zone at Its Munro-Croesus Project, Timmins, Ontario
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") is pleased to announce results from four drill holes completed during its 2024 Spring Drill Program (the "Program") at its Munro-Croesus Project ("Munro-Croesus" or the "Project") in the Timmins gold camp, Ontario (Figure 1).The four drill holes reported today were completed at the Argus Zone, a near-surface bulk tonnage target located three kilometers ("km")...
2024-06-17 7:00 AM EDT
Onyx Gold Receives Drill Permit for King Tut Project and Provides 2024 Exploration Program Update
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased to announce that it has received its approved Quartz Class 1 Notification for the King Tut Property ("King Tut," "Project" or "Property"), in Yukon's Tombstone Gold Belt (Figure 1). The Company also provides an update on its preliminary summer exploration plans for the Project, including the newly acquired WEAS claims.HighlightsOnyx Gold has...
2024-06-06 7:00 AM EDT
Onyx Gold Announces Acquisition of Strategic WEAS Property in the Yukon
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased to announce that it has entered into an option agreement (the "Agreement") with Senoa Gold Corp. (the "Optionor") and a wholly-owned subsidiary of the Company (the "Optionee") to acquire the WEAS property (the "Property"), which consists of claims that are contiguous to the Company's King Tut property, in Yukon's Tombstone Gold Belt.Highlights of...
2024-05-09 8:23 AM EDT
Onyx Gold Intersects Additional High-Grade Gold at the GM Vein on the Munro-Croesus Project, Ontario
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2024) - Onyx Gold Corp. (TSXV: ONYX) ("Onyx" or the "Company") is pleased to announce additional gold results for the next 14 drill holes from its ongoing, fully funded 3,000-meter Spring Drill Program (the "Program") at its Munro-Croesus Project ("Munro-Croesus" or the "Project") in the Timmins gold camp, Ontario.The 14 drill holes reported today were completed at the new GM Vein, located 350 meters ("m") from the past-producing Croesus...
2024-05-01 7:00 AM EDT
Onyx Gold Closes Strategic Acquisition of the Lalonde Property in Timmins, Ontario
Vancouver, British Columbia--(Newsfile Corp. - April 18, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) is pleased to announce that it has completed the previously announced acquisition of the Lalonde Property (the "Property") located east of Timmins, Ontario (see Company news release dated January 30th, 2024).The Property expands the Munro-Croesus Property ("Munro-Croesus" or the "Project") to 9,235 hectares ("ha"), a 32% increase (Figure 1). This adds substantial exploration potential...
2024-04-18 7:00 AM EDT
Onyx Gold Intersects High-Grade Gold at GM Vein on Munro-Croesus Project, Ontario
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2024) - Onyx Gold Corp. (TSXV: ONYX) ("Onyx" or the "Company") is pleased to announce gold results for the initial six drill holes from its ongoing, fully funded 3,000-meter ("m") Spring Drill Program (the "Program") at its Munro-Croesus Project ("Munro-Croesus" or the "Project") in the Timmins gold camp, Ontario.All six drill holes were completed at the recently discovered GM Vein, located 350 m from the past-producing Croesus Gold...
2024-04-17 7:00 AM EDT
Onyx Gold Launches 2024 Spring Drill Program at the Munro-Croesus Gold Project in Ontario
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2024) - Onyx Gold Corp. (TSXV: ONYX) ("Onyx" or the "Company") is pleased to announce the start of the 2024 Spring Drill Program (the "Program") at its Munro-Croesus Project ("Munro-Croesus" of the "Project") in the Timmins gold camp, Ontario.The Munro-Croesus is the most advanced of Onyx Gold's three Timmins Camp Properties. The Project includes several known high-grade veins and bulk tonnage systems, including the past-producing...
2024-03-26 7:00 AM EDT
Onyx Gold Announces Closing of Final Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 21, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") is pleased to announce that, further to the Company's news releases dated February 26, 2024 and March 20, 2024, the Company has upsized and closed the final tranche (the "Final Tranche") of its non-brokered private placement of securities for aggregate gross proceeds of $1,507,849 (the "Offering"). Pursuant to the Offering, the Company issued 3,777,829 premium...
2024-03-21 5:06 PM EDT
Onyx Gold Announces Closing of First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 20, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") is pleased to announce that, further to the Company's news release dated February 26, 2024, the Company has closed the first tranche (the "First Tranche") of its non-brokered private placement of securities for aggregate gross proceeds of up to $1,500,000 (the "Offering"). The First Tranche was comprised of all of the premium flow-through shares (the "Premium...
2024-03-20 8:16 PM EDT