New Risk • Feb 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$95k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$95k free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.67m market cap, or US$1.22m). Announcement • Jul 02
EGR Exploration Ltd., Annual General Meeting, Sep 03, 2025 EGR Exploration Ltd., Annual General Meeting, Sep 03, 2025. New Risk • Feb 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$255k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$255k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.46m market cap, or US$1.03m). Board Change • Jan 17
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. CEO & Director Daniel Rodriguez is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Nov 20
EGR Exploration Ltd. announced that it expects to receive CAD 0.7498 million in funding EGR Exploration Ltd announced a non-brokered private placement of 5,000,000 units at an issue price of CAD 0.05 per unit for the gross proceeds of CAD 274,990, 8,330,000 flow-through shares at an issue price of CAD 0.06 per share for the gross proceeds of CAD 499,800; aggregate gross proceeds of CAD 774,790 on November 19, 2024. Each Unit shall consist of one common share and one half of one Common Share purchase warrant. Each Warrant will be exercisable by the holder thereof to acquire one Common Share at a price of CAD 0.10 for a period of 24 months following the closing date of the Offering. All securities issued with respect to the Offering will be subject to a hold period of four months and one day in accordance with applicable securities laws. The closing of the Offering is expected to occur in mid-December 2024 and is subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange. Finder's fees of up to 7% in cash and 7% in finder’s warrants will be paid to eligible parties. Each finder’s warrant is exercisable at CAD 0.10 for a period of 24 months following the closing date of the Offering. New Risk • Oct 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$389k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.90m market cap, or US$1.37m). Minor Risk Shareholders have been diluted in the past year (4.9% increase in shares outstanding). Announcement • Sep 18
EGR Exploration Ltd. Announces Owen Garfield Will Not Stand for Re-Election to Board of Directors EGR Exploration Ltd. announced that at the AGM, Owen Garfield did not stand for re-election to the company's board of directors. New Risk • Sep 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. Market cap is less than US$10m (CA$1.81m market cap, or US$1.33m). Announcement • Jul 09
EGR Exploration Ltd., Annual General Meeting, Sep 10, 2024 EGR Exploration Ltd., Annual General Meeting, Sep 10, 2024. Announcement • Sep 28
EGR Exploration Ltd. Announces Changes to its Board of Directors EGR Exploration Ltd. announced the appointment of Ashley Kirwan to the Board of Directors with immediate effect and she will join the Audit Committee. The Company also announced the resignation of Sven Gollan, who will transition to an advisory role at EGR. Ashley Kirwan is a co-founder and President &CEO of Orix Geoscience Inc., an award-winning geological consulting firm recognized for their technical excellence, industry partnerships, and workplace culture. Ashley is a professional geologist (PGO), with over 15 years of experience in the mining industry. She has worked throughout North and South America; as an Exploration Geologist with Bridgeport Ventures Inc. in Nevada, and on both exploration and underground projects with Quadra FNX Mining Ltd. (now KGHM International) in Sudbury, Ontario. In 2020, Ashley was recognized with the Young Mining Professionals Eira Thomas Award as one of the top mining industry leaders under the age of 40. Ms. Kirwan received a Bachelor of Science (Honours) in Geology and a Master of Science in Mineral Exploration from Laurentian University, and completed the ICD Rotman Directors Education Program. New Risk • Aug 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.4m free cash flow). Earnings have declined by 1.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.01m market cap, or US$2.22m). Announcement • Jun 30
EGR Exploration Ltd., Annual General Meeting, Sep 01, 2023 EGR Exploration Ltd., Annual General Meeting, Sep 01, 2023. Announcement • May 16
EGR Exploration Ltd. announced that it has received CAD 0.95 million in funding On May 15, 2023, EGR Exploration Ltd. closed the transaction. The company amended the terms of the transaction. The company has issued 6,818,182 units at a price of CAD 0.11 per unit and 1,428,572 flow-through units at a price of CAD 0.14 per Flow-Through Unit for gross proceeds of CAD 950,000 .
Each Unit consists of one common share of the Company and one half of one Common Share purchase warrant (each whole warrant and each Flow-Through Unit consists of one flow-through common share of the Company and a half Warrant. Each Warrant is exercisable by the holder thereof to acquire one Common Share at a price of CAD 0.22 for a period of 36 months expiring on May 15, 2026.
Finder's fees of CAD14,649 was paid in cash and 129,900 finder's warrants were issued to certain eligible parties. Each finder's warrant is exercisable at CAD 0.11 for a period of 12 months expiring on May 15, 2024. Insiders are participating in the Offering for CAD 116,950. The Company is relying upon exemptions from the valuation and minority shareholder approval requirements contained in Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions.
All securities issued with respect to the Offering will be subject to a hold period expiring on September 16, 2023. Announcement • Dec 16
EGR Exploration Ltd. announced that it has received CAD 0.9525 million in funding On December 14, 2022, EGR Exploration Ltd. closed the transaction. The company issued 5,875,000 units at an issue price of CAD 0.06 per unit for gross proceeds of CAD 952,500 in the transaction. All securities issued with respect to the transaction will be subject to a hold period expiring on April 15, 2023. The company had paid the finder's fees CAD 11,130 in the transaction. Announcement • Dec 01
EGR Exploration Ltd. announced that it expects to receive CAD 0.9 million in funding EGR Exploration Ltd. announced a non-brokered private placement of 15 million units at an issue price of CAD 0.6 per unit for the gross proceeds of CAD 900,000 on November 30, 2022. Each Unit is comprised of one common share and one non-transferable common share purchase warrant. Each full Warrant will entitle the holder to purchase one common share at an exercise price of CAD 0.12 per share for a period of three years from the closing of the offering. The Company may elect to accelerate the expiry of the Warrants in the event the closing price of the Common Shares on the TSX Venture Exchange (“TSXV”) equals or exceeds CAD 0.24 per common share for thirty (30) consecutive trading days, in which case the Warrants will expire 30 days after the date on which the Company provides written notice of acceleration. The company paid finder's fees up to 7% in cash will be paid to eligible parties .All securities issued with respect to the Offering will be subject to a hold period of four months and one day in accordance with applicable securities laws. The closing of the offering is expected to occur in mid-December, 2022, and is subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange. Announcement • Nov 24
EGR Exploration Ltd. announced that it has received CAD 0.15 million in funding On November 22, 2022, EGR Exploration Ltd. closed the transaction. The placement was non-brokered in nature.
The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from one placee. Board Change • Nov 16
No independent directors There are 8 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director Owen Garfield is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Nov 09
EGR Exploration Ltd. Announces Board Changes EGR Exploration Ltd. announce the appointment of Dorian L. (Dusty) Nicol to the Board of Directors and the appointment of Brian Atkinson P.Geo to the Advisory Board and act as the Company's Qualified Person ("QP"). Mr. Nicol has over 45 years of experience in mineral exploration with a solid record of discoveries in gold and copper globally in various deposit styles. He graduated with a B.Sc. in Earth Science from M.I.T. He also has an M.A. degree in geology from Indiana University. Mr. Nicol has designed and managed successful gold exploration programs throughout North and South America, Africa, Russia, the Former Soviet Union, and Papua New Guinea. He has held multiple senior corporate positions in publicly listed companies, including V.P. of Exploration, CEO and Chairman. He currently sits on the Board of Directors for Mountain Boy Minerals Ltd. and Blue Thunder Mining Inc, where he is also the CEO. Mr. Atkinson has over 40 years of experience as a geologist. He attended McMaster University graduating, with a degree in Geology from McMaster University. Mr. Atkinson has spent the majority of his career as Regional Resident Geologist for Ontario Geological Survey in Red Lake and Timmins. Currently, he is a consultant and practising registrant of Professional Geoscientists Ontario. Mr. Atkinson P.Geo has been appointed as a Qualified Person ("QP") within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Announcement • Sep 03
Gambier Gold Corp. Announces Resignation of Sebastien Ah Fat as A Director Gambier Gold Corp. announced the resignation of Mr. Sebastien Ah Fat as a director. Sebastien Ah Fat has resigned from the board of directors and the board wishes to sincerely thank Mr. Ah Fat for his many valuable contributions to the company during his time as a director and wishes him well in the future. Mr. Ah Fat has taken on a new position which does not allow for outside directorships. Announcement • Jun 02
Gambier Gold Corp. Announces Board Appointments Gambier Gold Corp. appointed Daniel Rodriguez, Sven Gollan, Owen Garfield, Sebastien Ah Fat, Rafael Vaudrin, at its Annual General Meeting held on June 1, 2022. Board Change • May 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director James Forward was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 09
Gambier Gold Corp., Annual General Meeting, Jun 01, 2022 Gambier Gold Corp., Annual General Meeting, Jun 01, 2022. Announcement • Feb 19
Gambier Gold Corp. Announces Board Appointments Gambier Gold Corp. announced that Tor Bruland and Casey Forward have been appointed as directors of the company. Mr. Tor Bruland is a geologist with over 40 years experience in the mineral exploration industry and has extensive experience in corporate management of public companies. His work experience covers a variety of commodities within a wide range of geological environments, including mesothermal and epithermal gold, porphyry copper, copper-zinc-lead massive sulphide, iron, rare earth elements, lithium salars, alluvial gold and industrial minerals. Mr. Casey Forward (CPA, CGA) has served in senior management positions for a number of public and private companies in his career. Casey has been a professional accountant since 1985 and has a great deal of experience in financial, accounting and audit matters, as well as regulatory filing requirements in Canada and the United States. Casey has been involved with several junior mining companies with projects in Canada, Mexico, and Colombia. The company also announced the resignations of Michael Burns and Rafael Vaudrin as directors of the company. Announcement • Nov 30
Eagle Bay Resources Corp. acquired 6 Mineral Claims Located in Prince George, British Columbia from Gambier Gold Corp. (TSXV:GGAU) for CAD 0.15 million. Eagle Bay Resources Corp. acquired 6 Mineral Claims Located in Prince George, British Columbia from Gambier Gold Corp. (TSXV:GGAU) for CAD 0.15 million on November 29, 2021.
Eagle Bay Resources Corp. completed the acquisition of 6 Mineral Claims Located in Prince George, British Columbia from Gambier Gold Corp. (TSXV:GGAU) on November 29, 2021. Announcement • May 11
Gambier Gold Corp. Provides Update on the Sonic Drill Program At Detour West Gambier Gold Corp. provided an update of activities on the ongoing inaugural exploration program on its Detour West property ("Detour West" or, the "Project") in Northern Ontario, which consists of a sonic drilling program to sample till and the top of bedrock in an area of thick overburden. Sonic drilling employs the use of high-frequency, resonant energy generated inside a sonic head to advance a core barrel and casing into subsurface formations. It is an optimal method when near 100% core recovery of soft, unconsolidated material is desired. Earth Drilling (Calgary) has been contracted to perform the drilling. The Company has completed 20 sonic holes as of May 8, 2021, totaling 996 m of sediment core. An estimated 23 additional holes remain accessible to drill in the summer months. Each sonic core includes Quaternary glaciogenic sediment as well as approximately 5 feet of bedrock. The Quaternary succession is on average 45 m thick. From bottom to top, it consists of Matheson Till over bedrock, glaciofluvial sand and gravel, and Cochrane Till at surface. A total of 689 samples have been collected to date, and final assay results are pending on all samples submitted. Sediment samples are being analyzed for fine fraction geochemistry at Bureau Veritas, for visible gold grains at Overburden Drilling Management, and for heavy-mineral-concentrate geochemistry at Actlabs. Bedrock samples are being analyzed geochemically at Bureau Veritas. Standards, blanks, and field duplicates are being inserted into sample batches at regular intervals. Drill trail access for the spring drill program has been limited to areas of higher relief and solid ground. Using pre- existing roads and cleared drill trails several permitted drill hole locations, which transect previously identified geophysical anomalies, were made accessible for drilling. Innis Transport, a local Moose Cree First Nations owned company, was contracted to clear the drill trails and provide road maintenance. The Company is reviewing the current drill results which will be used in part to plan and design the winter 2022 sonic drill program. Announcement • Mar 28
Gambier Gold Corp. announced that it has received CAD 1.02625 million in funding from FruchtExpress Grabher GmbH & Co KG On March 26, 2021, Gambier Gold Corp. (TSXV:GGAU) closed the transaction. The company issued 4,105,000 flow-through common shares for gross proceeds of CAD 1,026,250 in the transaction. The company paid finders' fee of CAD 67,637,50 and 270,550 warrants, each finder warrant exercisable to purchase one additional common share of the company, subject to adjustment, for a period of 24 months from the closing at a price of CAD 0.25 per share. The shares and finder's warrants are subject to a four-month-and-one-day statutory hold period expiring July 25, 2021. The transaction was over-subscribed. Announcement • Mar 12
Gambier Gold Corp. announced that it expects to receive CAD 0.8 million in funding from Crescat Portfolio Management LLC Gambier Gold Corp. (TSXV:GGAU) announced a non-brokered private placement of up to 5,333,334 units at a price of CAD 0.15 per unit for the gross proceeds of CAD 800,000.1 on March 11, 2021. The transaction will include participation from new investor Crescat Portfolio Management LLC. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional common share, up to a total of 5,333,334 at an exercise price of CAD 0.23 for a period of two years from the date of closing. The shares issued in the transaction will be subject to a four-month hold period according to applicable securities laws of Canada. The investor will have an option to participate in future financings to maintain their 9.9% interest in the company for a period of 3 years from the date of closing of the transaction. The company may pay finders' fees in the transaction, subject to the policies of the TSX Venture Exchange. Announcement • Jan 26
Gambier Gold Corp. announced that it expects to receive CAD 1 million in funding Gambier Gold Corp. (TSXV:GGAU) announced a private placement of up to 4,000,000 flow-through common shares at a price of CAD 0.25 per share for gross proceeds of up to CAD 1,000,000 on January 25, 2021. The company may pay finders' fees in the transaction. All securities issued are subject to a four-month hold period according to applicable securities laws of Canada. The transaction and the payment of shares is subject to approval of TSX Venture Exchange, receipt of any other required regulatory approvals and other customary closing conditions. The transaction is expected to close on or about February 7, 2021. Announcement • Jan 13
Gambier Gold Corp. Announces Executive Changes Gambier Gold Corp. announce it has appointed Mr. Michael Burns as Vice President of Exploration. In addition, Mr. Darin Wagner, former CEO of Balmoral Resources, and Dr. Lee Groat have been invited to serve as technical advisors to the Company. Mr. Burns has been actively involved in the mining and exploration industry since 2007 as a founding partner of the consulting firms Mackevoy Geosciences Ltd. and Pioneer Exploration Consultants Ltd. Mr. Burns has managed multiple grassroots exploration programs projects within Canada and internationally over the past 14 years. Prior to his current position, Michael was in charge of Geology and Exploration for Potentate Mining LLC's sapphire and gold mining operations near Philipsburg, Montana. Mr. Burns' is currently the president of Pioneer Exploration Consultants Ltd., and led the development of their commercial, un-manned aerial vehicle magnetometer geophysical survey system. He successfully led the growth at Pioneer which serves mining clients globally with high-quality, safe and efficient drone based geophysical surveys. In addition, Michael has previously served as CEO and President, as well as a Board member on multiple public companies and brings valued capital market and management experience to the Gambier team. Announcement • Jan 02
Gambier Gold Corp., Annual General Meeting, Mar 01, 2021 Gambier Gold Corp., Annual General Meeting, Mar 01, 2021. Is New 90 Day High Low • Dec 31
New 90-day high: CA$0.23 The company is up 48% from its price of CA$0.15 on 01 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 3.0% over the same period. Announcement • Nov 28
Gambier Gold Corp. Identifies Multiple Geophysical Anomalies and Expands Property Holdings at Detour West Gambier Gold Corp. announced it has recently completed a review of historical airborne geophysical surveys on its Detour West property in northern Ontario. Gambier's Detour West property is located immediately adjacent to the Detour Lake gold mine property of Kirkland Lake Gold, Canada's second large active gold mine. The review and interpretation of recently recovered GeoTEM airborne data yielded numerous highly conductive geophysical anomalies along and proximal to the Sunday Lake (SLDZ) and Lower Detour (LDDZ) Deformation Zones which cross the property. As a result the Company has expanded its land holdings at Detour West by 4,917 hectares to a total of 23,849 hectares. The re-processing and re-interpretation of recently acquired historical airborne geophysical datasets was completed by Campbell and Walker Geophysics Ltd. Several moderate to strong conductors with direct spatial relation to inferred geological structures have been identified as high priority targets within the property boundary. The Detour Lake gold mine, located approximately 20km along strike to the east, was discovered testing a similar conductive response located proximal to the SLDZ as were the Martiniere and Fenelon gold deposits located further east along the same structure. The anomalies were derived from both a closely-spaced airborne VTEM survey completed in 2016 covering the eastern half of Detour West property in addition to a GeoTEM survey flown over the western half of the property in 1996. Available data indicates that the majority of these conductors have not been drill tested. Gambier Gold Corp. has engaged Pioneer Exploration Consultants Ltd. to fly a series of high resolution airborne magnetic surveys over selected areas to further refine the structural setting and aid in future drill targeting. Is New 90 Day High Low • Nov 06
New 90-day high: CA$0.22 The company is up 91% from its price of CA$0.12 on 07 August 2020. The Canadian market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 8.0% over the same period. Is New 90 Day High Low • Oct 31
New 90-day high: CA$0.21 The company is up 110% from its price of CA$0.10 on 31 July 2020. The Canadian market is down 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 10.0% over the same period. Announcement • Oct 29
Gambier Gold Completes Airborne Lidar Survey on Detour West and Hemlo West Properties Gambier Gold Corp. announced that it has recently completed an airborne LiDAR survey on both the Detour West and Hemlo West properties. In addition, the Company has started a review of historical airborne geophysical surveys on its Detour West property ("Detour West" or, the "Project") in northern Ontario. LiDAR Survey: The Company recently completed acquisition of an airborne LiDAR survey which covered the entirety of the Detour West property and a portion of the Hemlo West property and was flown by Pioneer Exploration Consultants Ltd. in the second week of October, 2020. Approximately 189 square kilometers were covered by the survey on the Detour West project, and 18.2 square kilometers on the Hemlo West project. The data was collected at a specified resolution of 10 points per square metre, which included high resolution orthoimagery collected at 10 cm resolution. The LiDAR and orthoimagery will be used by the Company to plan future ground-based exploration and geophysical programs, evaluate access, locating rock outcrops and identifying previous exploration workings on the property. Historical Airborne Geophysics Compilation In addition, recently acquired historical airborne geophysical datasets are being used to target further exploration efforts at Detour West. Campbell and Walker Geophysics Ltd. has been engaged to review and re-process the historical geophysical data that the Company has recently acquired access to with results expected before year end. Open-file maps arising from a closely-spaced historical airborne VTEM survey completed in 2016 by TriOrigin Exploration cover the eastern half of Detour West and have identified several conductors that have yet to be fully examined and ground truthed. Also being analyzed by the Company is a historical GeoTEM survey flown over the western half of the property in 1996 by BHP that was included in an assessment report by Eastmain Resources. This digital data is currently being recovered from the airborne geophysical contractor's archives and, based upon the analog maps already assessed, should help provide discrete conductor targets and assist with the interpretation of the expected extensions of major fault/shear zones on which to focus further ground-based investigation methods like till sampling and diamond drilling. Detour West Property: The Detour West Property is 18,929 hectares in size (approximately 32 km long and 6 km wide) and located approximately 300 km northeast of Timmins and 185 km northeast of Cochrane by road in the northwestern part of the Abitibi Greenstone Belt within the southern part of the Superior Province in Ontario. The Detour West Property is located approximately 20 km west of the open-pit Detour Lake Gold Mine acquired by Kirkland Lake Gold Inc. in January 2020 and directly adjoins the holdings of Kirkland Lake Gold. Gold mineralization at the Detour Lake Gold Mine is characteristic of greenstone-hosted orogenic lode gold style deposits. The Detour Lake Gold Mine produced 601,566 ounces of gold in 2019 and has proven and probable mineral reserves of 447,450 Kt at an average grade of 0.97 g/t Au for 14,847,000 contained gold ounces as of December 31, 2019. The Company is in the process of assembling a technical team with extensive experience working in the Detour Lake greenstone belt including the Detour West Property. Hemlo Property: The Hemlo South and Hemlo West projects are located in the Archean Schreiber-Hemlo greenstone belt, which is host to the Hemlo gold deposit that has produced over 21 million ounces of gold since its discovery in the early 1980's. Production at Hemlo continues to this day through operations at the Williams mine, an underground operation owned and operated by Barrick Gold Corp. Announcement • Oct 11
Gambier Gold Corp. announced that it expects to receive CAD 0.45 million in funding Gambier Gold Corp. (TSXV:GGAU) announced a non-brokered private placement of up to 3,000,000 common shares at a price of CAD 0.15 per share for gross proceeds of up to CAD 450,000 on October 9, 2020. Each unit will consist of one common share and one-half of one common share purchase warrant. Each warrant will be exercisable into one common share, up to a total of 1,500,000 at a price of CAD 0.20 per common share for a period of two years from closing. All securities issued are subject to a four-month hold period according to applicable securities laws of Canada. The company may pay the finders' fees in the transaction, subject to the policies of the TSX Venture Exchange. Announcement • Sep 22
Gambier Gold Corp. announced that it has received CAD 0.227604 million in funding On September 14, 2020, Gambier Gold Corp. (TSXV:GGAU) closed the transaction. The company issued 3,793,400 units at a price of CAD 0.06 per unit for gross proceeds of CAD 227,604. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 7 placees. The company has paid a finder's fees of CAD 1,050 to PI Financial Corp. Announcement • Jul 30
Gambier Gold Corp. (TSXV:GGAU) acquired Hemlo South Gold Project in Northern Ontario. Gambier Gold Corp. (TSXV:GGAU) acquired Hemlo South Gold Project in Northern Ontario on June 8, 2020. Consideration for the Hemlo South project consists of the reimbursement of claim staking fees and the granting of a 2% net smelter return royalty on the project claims.
Gambier Gold Corp. (TSXV:GGAU) completed the acquisition of Hemlo South Gold Project in Northern Ontario on June 8, 2020. 
