Annuncio • May 20
Lake Victoria Gold Ltd. announced that it has received CAD 3.8342 million in funding On May 20, 2026, Lake Victoria Gold Ltd. closed the transaction by closing its second and final tranche of transaction. The second tranche consists of CAD 300,000 in its principal amount of the Convertible Debenture. In light of continued strong investor participation, the Company also announced its intention to upsize the financing to up to CAD 5,000,000, subject to TSX Venture Exchange approval. The debenture structure is straightforward. Each debenture bears 5% interest paid semi-annually in cash, matures 36 months from issuance, and is convertible at the holder's option into common shares at a conversion price of CAD 0.30 per share. Investors in the 2nd tranche also received warrants exercisable at CAD 0.40 for 36 months, 499,997 warrants in this tranche and 6,390,324 warrants across the two tranches in total. Annuncio • Apr 02
Lake Victoria Gold Ltd. announced that it expects to receive CAD 3 million in funding Lake Victoria Gold Ltd. announces a non-brokered private placement with Monetary Metals & Co to issue 5% unsecured convertible debentures for gross proceeds of CAD 3,000,000 On April 1, 2026. The debentures will bear interest at 5% per annum, payable semi-annually in cash, and will have a 36-month term. The debentures will constitute unsecured obligations of the company, ranking pari passu with all other unsecured indebtedness and subordinate to any present or future secured debt obligations of the company. The principal amount of the debentures will be convertible, at the option of the holder, into common shares of the company at a price of CAD 0.31 per share, subject to customary adjustments. In connection with the debentures, investors will receive warrants to purchase a number of shares equal to 50% of the number of shares issuable upon conversion of the debentures, exercisable at CAD 0.40 per share for a period of 36 months. Insiders of the company may participate in the private placement. All securities issued pursuant to the private placement will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws. The private placement remains subject to the approval of the TSX-V. Annuncio • Jan 27
Lake Victoria Gold Ltd. Advances Final Pit Design with Completion of Geotechnical Studies At Imwelo Lake Victoria Gold Ltd. announced the completion of field data collection for geotechnical studies supporting final open-pit designs at the Company's Imwelo Project. In addition, specific gravity measurements were completed on selected drill holes covering the strike extent of the planned first production area at Area C. These studies represent a key step toward near-term production planning at the Company's initial mining area. Two dedicated geotechnical drill holes, IMWDR016 and IMWDR019, were completed. Specific gravity measurements were conducted on multiple rock types from core collected during the resource drilling campaign to support initial open-pit mining at Area C. The resource infill and geotechnical program utilizes RC pre-collars with diamond-core tails to maximize geological, geotechnical, metallurgical, and mineralogical data to support final pit-shell optimization, processing design, and the evaluation of future underground mining potential. Highlights. IMWDR016 and IM WDR019: Completed drilling to 150m and 163m depth, respectively. Geotechnical logging and data capture were completed, and samples have been submitted for rock strength characterisation laboratory testing. Final pit designs are in progress, and current geological and geotechnical interpretations indicate the potential for optimization and consolidation of the previously modelled pit designs, subject to ongoing engineering work. Geotechnical data capture included core from 21 completed resource infill drill holes. Specific gravity measurements enabled accurate delineation of oxide, transitional (oxide ore), and fresh rock (sulphide ore) domains to support the updated mineral resource estimate and eventual ore classification during mining. The Company has not completed a feasibility study on Imwelo that establishes mineral reserves demonstrating economic and technical viability and is not treating the JORC-based estimates or analyses as current under CIM Definition Standards. Any decision to commence production is not based on a feasibility study of mineral reserves and therefore involves increased uncertainty and a higher risk of economic and technical failure. LVG has assembled a highly experienced team with a track record of developing, financing, and operating mining projects in Africa with management, directors and partners owning more than 60% of the shares. This news release includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation, including: future exploration and development plans with respect to the Imwelo Project, contract work on the Imwelo Project by Taifa Mining, securing additional financing for the development costs of the Imwelo project, the closing of the acquisition of the Imwelo Project and the concurrent financing, including the satisfaction of the closing conditions thereunder, and receipt of all regulatory approvals, including the approval of the TSX Venture Exchange for the acquisition and financing. Annuncio • Oct 02
Lake Victoria Gold Ltd. Mobilizes Drill Rig At Imwelo's Area C Lake Victoria Gold Ltd. announced the commencement of a 4,000-metre, multi-purpose drilling campaign at the Area C zone of its fully permitted Imwelo Gold Project in northwestern Tanzania. The program is designed to support short-term production readiness, resource expansion and conversion, and final pit design optimization. This campaign forms a key component of LVG's strategy to initiate a low-capex open-pit operation at Imwelo, with future underground development to be evaluated as part of ongoing high-grade exploration and resource growth. Mobilization of the first rig is underway this week, with drilling scheduled to commence October 6, 2025. A second rig has been ordered to accelerate the program and is expected to mobilize in the coming weeks. Previous intercepts include: 2 m @ 5.06 g/t Au from 15 m and 6.8 m @ 14.6 g/t Au from 33.2 m (IMWRC-037); 7 m @ 3.22 g/t Au from 27 m (IMWRC-014); 2 m @ 7.5 g/t Au from 22 m (IMWRC- 038) Reported intercepts are down-hole lengths; true widths are unknown. Annuncio • Aug 01
Lake Victoria Gold Ltd. announced that it expects to receive CAD 7.5 million in funding Lake Victoria Gold Ltd. announced a non-brokered private placement of 34,285,714 units at an price of CAD 0.175 for gross proceeds of CAD 6,000,000 and In addition to the LIFE Private Placement, the Company announces a concurrent non-brokered private placement of 8,571,428 Shares at a price of CAD 0.175 per Share for gross proceeds of CAD 1,499,999.9 on July 31, 2025. Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will be exercisable by the holder thereof to acquire one additional Share at an exercise price of CAD 0.27 per Warrant Share for a period of three years from the date of issuance of the Warrant. The LIFE Private Placement is subject to a minimum offering amount of CAD 3,000,000.The securities issued to purchasers in the LIFE Private Placement will not be subject to a hold period under applicable Canadian securities laws. All securities issued in connection with the Concurrent Private Placement will be subject to a statutory hold period of four months and one day following the date of issuance in accordance with applicable Canadian securities laws. The closing of the Private Placement is expected to occur on or about August 29, 2025 . The closing of the Private Placement is subject to certain closing conditions, including the approval of the TSXV. The Company may pay finder’s fees in cash and securities to certain arm’s length finders engaged in connection with the Private Placement, subject to the approval of the TSXV. Annuncio • Mar 19
Lake Victoria Gold Ltd., Annual General Meeting, May 07, 2025 Lake Victoria Gold Ltd., Annual General Meeting, May 07, 2025. Location: british columbia, vancouver Canada Annuncio • Sep 11
Lake Victoria Gold Provides an Update on the First and Second Quarter 2024 Exploration Activities Conducted by Bulyanhulu Gold Mine Limited Lake Victoria Gold provide an update on the first quarter and second quarter 2024 exploration activities conducted by Bulyanhulu Gold Mine Limited, on the licenses LVG sold to July in 2022. first quarter and second quarter 2024 Exploration Highlights: Rainy Season Impacts: The first quarter was significantly hampered by an exceptionally wet season, delaying field operations. Despite this, multi-element assay results from the previous fourth quarter RAB drilling campaign were received and a partial review was completed. These preliminary results showed promising anomalous gold values along geophysical linear features, which are believed to be geological contacts. Associated smokey quartz veining suggests a geological setting similar to that of Bulyanhulu, indicating gold mineralization potential. Resumption of Fieldwork: Fieldwork resumed in second quarter with the deployment of two drill rigs to the northwest area of the licenses. The focus was on the Kalemero prospect area, targeting potential extensions of the Bulyanhulu mineralized system under transported regolith. Early results from this drilling confirm the presence of basalt, tuff, argillite, and quartz feldspar porphyry. Notable findings include localized moderate to strong shearing, quartz veining, and minor pyrite sulphide mineralization, which align with interpreted geological linear features. This drilling phase is crucial in validating the geological settings and identifying targets for potential satellite orebodies. Future Drilling Plans: Additional RC drilling is scheduled for third quarter to further assess potential mineralization within the Ngula prospect area. Annuncio • Jul 16
Lake Victoria Gold Ltd. announced that it expects to receive CAD 0.75 million in funding Lake Victoria Gold Ltd. announced a non-brokered private placement of unsecured subordinate convertible debentures for gross proceeds of up to CAD 750,000 on July 15, 2024. Each debenture will bear interest at 12% per annum payable quarterly, which interest, may at the option of the company be settled in cash or in common shares of the company subject to the approval of the TSX Venture Exchange. Each debenture will mature 24 months from the date of issuance. The outstanding principal amount of each debenture is convertible, at the option of the holder, at any time prior to the maturity date, into common shares of the company at a conversion price of CAD 0.18 per share. The debentures will be subject to a forced conversion provision whereby the company may, in its sole discretion, convert the outstanding principal amount of the debentures into units at the conversion price if, at any time after the first year following the date of issuance of the debentures and prior to the maturity date, the shares trade at a closing price above CAD 0.275 for a period of 20 consecutive trading days on the exchange. The debentures and, if issued within four months from the date of issue of the debentures, the shares and warrants will be subject to a hold period expiring four months and one day following the date of issue of the debentures in accordance with applicable Canadian securities laws. The private placement is subject to the approval of the exchange. Annuncio • Dec 07
Tembo Gold Corp., Annual General Meeting, Feb 07, 2024 Tembo Gold Corp., Annual General Meeting, Feb 07, 2024. Annuncio • Dec 03
Tembo Gold Corp. Announces CEO Changes Tembo Gold Corp. announced that founding director, Marc Cernovitch, will become CEO; David Scott, in his new role as Managing Director Tanzania and special geological advisor to the board, will work closely with Marc, Simon and Seth with a focus on identifying and evaluating accretive opportunities for the Company. Annuncio • Dec 02
Tembo Gold Corp. Announces Executive and Board Changes Tembo Gold Corp. announced to facilitate the transition, founding director, Marc Cernovitch, will become CEO; Simon Benstead, long serving director and CFO, will also become Executive Chairman; and Seth Dickinson will become COO and immediately be appointed to the board of directors. David Scott, in his new role as Managing Director Tanzania and special geological advisor to the board, will work closely with Marc, Simon and Seth with a focus on identifying and evaluating accretive opportunities for the Company. The Company also enthusiastically looks forward to welcoming Richard Reynolds to the board of directors, upon closing of the transaction with Taifa, anticipated to take place in First Quarter 2024. Seth Dickinson: With 30 years of mining experience including mine management, contract mining, feasibility studies, and project management, Seth is a welcome addition to the LVG team. Seth was the Project Manager for the construction of South Walker Creek Mine which was in production within 100 days of commencement. Project Manager for Broadlea Mine including exploration, design, construction and finally operations all within budget and schedule. Seth was a significant shareholder in the Broadlea Mine. He holds a First Class Mine Managers ticket covering both open pit and underground mines. Seth holds a Bachelor of Engineering (Mining) and Graduate Diploma of Business Administration from the University of Queensland. Richard Renolds: Richard is the CEO of Taifa Mining and Civils, the largest mining contractor in Tanzania with clients such as Barrick Gold and AngloGold Ashanti. He has a broad base of experience obtained in international commercial and business development, through varied projects and businesses mostly located in East Africa and UAE. He has extensive experience obtained within the Rail, Telecoms, Mining, and Construction sectors. Richard has a broad based experience obtained in international commercial and business development, through varied projects and businesses mostly located in East Africa and UAE. Extensive experience obtained within the Rail, Telecoms, Mining, and Construction sectors. Annuncio • Feb 02
Tembo Gold Corp. Announces Further Encouraging Ngula 1 Target Results from the Ongoing Diamond Drilling Campaign on Tembo Project in Tanzania Tembo Gold Corp. announced further encouraging Ngula 1 target results from the ongoing diamond drilling campaign on the Company's Tembo Project in Tanzania. The Company planned a 7,000m programme of drilling of which 4,648m was completed before the drillers break commenced in December, drilling recently recommenced and is expected to be completed by the end of February. All drillholes intersected gold mineralization with one exception and a previously recognized, but undrilled cross structure, returned significant gold intersections associated with abundant sulphide, strong deformation and alteration. Highlights: A total of 3,586m of drilling has been completed at Ngula 1 in this phase of drilling, comprising a total of 23 drill holes. The recent drilling at the target totals 1,390m and 11 drillholes (excluding one abandoned drillhole). Best intersections returned in the recent drillholes include 5.22g/t Au over 1.93m from 107.18m; 4.14g/t Au over 3.85m from 118.49m, including 7.03g/t Au over 2.08m; 19.90g/t Au over 0.57m from 35.24m; and 1.68g/t Au over 5.28m from 72.45m. All holes logged and sampled to date intersected multiple gold mineralization except for one drill hole. A set of drillholes targeted a known northeast trending structure that had never been drilled. Significant strong sulphide mineralization encountered in this cross structure returned positive gold results that are expected to improve with depth. These results are associated with robust geology comprising narrow to wide zones of strong shearing of the host rock, with associated alteration, quartz veining and sulphide mineralization. This cross structure and its intersection with the main structures and other northwest trending cross structures is considered a key component of the geological control of wide and potentially high-grade mineralization at Ngula 1. Ngula 1: Ngula 1 is a 600m long 120-200m broad zone hosting multiple east-west trending shear zones. These shears almost ubiquitously host gold mineralization within multiple highly foliated, altered and veined structures. The intersections achieved to date highlight that the mineralization as well as the structural deformation and alteration zones pinch and swell, and it is interpreted that this is controlled by the intersection of the structures that are developed in three primary directions, east-west, northeast southwest and northwest-southeast (similar to Bulyanhulu). The current drill program has made a significant contribution to the understanding of the geological controls and attitude of these zones. Previously reported results at Ngula 1 include: 2012-2014: o TDD0004 - 9.38g/t Au over 6.30m from 60.00m; o TDD0005 - 15.59g/t Au over 2.68m from 155.32; o TDD0041 - 22.81g/t Au over 15.00m from 299.00m; o TDD0054 - 11.85g/t Au over 8.02m from 117.93m; o TDD0111 - 21.47g/t Au over 2.45m from 53.35m. 2022 o TDD0153 - 3.55g/t Au over 3.11m from 44.25m; o TDD0156 1.51g/t Au over 10.18m from 143.10m including 2.33g/t Au over 3.45m from 146.54m, and 3.47g/t Au over 0.75m from 157.76m; TDD0157 - 4.95g/t Au over 1.67m from 120.12m; TDD0158 - 17.60g/t Au over 1.48m from 31.12m; TDD0159 1.24g/t Au over 3.08m from 117.00m; The latest drill hole results include: TDD0159 1.24g/t Au over 3.08m from 117.00m; TDD0160 5.22g/t Au over 1.93m from 107.18m including 10.07g/t Au over 0.89m, and 2.73g/t Au over 1.54m from 116.38m; TDD0161 1.64g/t Au over 3.07m from 54.43m; TDD0169 2.22g/t Au over 0.50m from 102.76m, and 0.82g/t over 2.78m from 159.22m, and 1.55g/t Au over 1.32m from 173.05m; TDD0172 4.14g/t Au over 3.85m from 118.49m including 7.03g/t Au over 2.08m; TDD0174 19.90g/t Au over 0.45m from 39.55m; TDD0176 1.68g/t Au over 5.28m from 72.45mm. This drilling program has provided the data t conduct a detailed structural interpretation which will enable resource definition drilling at Ngula 1 along high-grade shoots. The drilling has also confirmed the persistence of the structures hosting the Ngula 1 mineralization, of multiple east-west structures truncated by the cross-cutting structures that are also host t gold mineralization. Annuncio • Jan 20
Tembo Gold Corp. Reports New Discovery Along the Bulyanhulu Trend Tembo Gold Corp. reports that on the Company's Tembo Project in the Lake Victoria goldfield in Tanzania, a significant new artisanal working has commenced along strike of the neighbouring Bulyanhulu Mine of Barrick Gold. This is an entirely new location for artisanal activity. Grab samples that were retrieved from these artisanal workings at the location, termed Mwasabuka, have returned excellent grades. A sample of approximately 30 kg was taken at the Mwasabuka working area from a recent artisanal `ore' stockpile. The 30 kg sample was homogenized and then split and resplit until four 3 kg samples were obtained. The samples returned an excellent average gold value of 11.21 g/t. The results are particularly encouraging as this is an area not previously explored by Tembo and constitutes a new discovery and target for initial drilling. Further sampling of material from each shaft is underway to establish a clearer picture of the grade distribution along the structure. Additional fieldwork is also being planned to confirm (where possible) the dip, lateral extent and thickness of the mineralised shear zone. Aside from the presence of the artisanal shafts and mined rubble, there is no surface expression of the mineralization due to the transported cover ubiquitous over the project area due to the transported cover ubiquitous over the project area. Following the fieldwork, drill holes will be planned at Mwasabuka.