Announcement • Jun 14
Element79 Gold Corp. announced that it expects to receive CAD 1 million in funding Element79 Gold Corp. intends to complete a non-brokered private placement of up to 55,555,556 units of the company at a price of CAD 0.018 per unit for aggregate gross proceeds to the company of up to CAD 1,000,000.008 on June 12, 2026. Each unit will comprise one common share in the capital of the company and one transferable common share purchase warrant. Each whole warrant will entitle the holder thereof to acquire one additional common share of the company at an exercise price of CAD 0.05 per warrant share for a period of 24 months from the date of issuance of the warrants. In connection with the private placement, the company may pay finders' fees and other compensation to eligible finders introducing subscribers to the company, consisting of (i) cash of up to 7% of the gross proceeds of the private placement raised through such finders, and (ii) finders' warrants representing up to 7% of the number of units sold to subscribers introduced to the company by such finders, with each finder's warrant exercisable on the same terms (including exercise price, term and acceleration provision) as the warrants forming part of the units, all in accordance with the policies of the Canadian Securities Exchange and applicable Canadian securities laws. The private placement is expected to close in one or more tranches, in each case subject to the prior acceptance of the CSE and to compliance with applicable Canadian securities laws. The unit shares, the warrants, the warrant shares (if and when issued upon exercise of the warrants), the finders' warrants (if any) and any common shares issuable upon exercise of the finders' warrants will be subject to a statutory hold period of four months and one day from the date of issuance Announcement • Sep 16
Element79 Gold Corp. Announces Board Changes, Effective September 15, 2025 Element79 Gold Corp. announced that its Board of Directors has accepted the resignation of Ms. Zara Kanji as Director of the Company, effective immediately. The Board and management thank Ms. Kanji for her valuable contributions to the Company and wish her the very best in her current and future endeavors. At the same time, the Board announced the appointment of Mr. Mohammad Fazil as a Director of the Company, effective September 15, 2025. Mr. Fazil has been active in venture capital for over 35 years. He was employed by boutique investment dealers in Canada as a finance professional focusing on funding junior listed issuers on the TSX and TSX Venture exchange. Mr. Fazil is the founder and President of Lion Park Capital, a private financial advisory firm helping companies raise funding and list on a Canadian stock exchange. He is the Chairman of the Calgary branch of the TSX Venture Exchanges Listing Advisory Committee and a member of the National Advisory Committee. He is President and Director of Blue Sky Global Energy Corp., Director of Smooth Rock Ventures Corp., CEO and Director of 5D Acquisition Corp., and President and Director of Florence Once Capital Inc. Announcement • Aug 26
Element79 Gold Corp., Annual General Meeting, Oct 21, 2025 Element79 Gold Corp., Annual General Meeting, Oct 21, 2025. Announcement • Oct 26
Element79 Gold Corp. announced that it expects to receive CAD 1 million in funding Element79 Gold Corp. announced a non-brokered private placement that it will issue up to 10,000,000 units at an issue price of CAD 0.10 per unit for the gross proceeds of up to CAD 1,000,000 on October 25, 2024. The Units will consist of one common share of the Company and one share purchase warrant. Each Warrant will be exercisable by the warrant holder to acquire one additional Share at a price of CADCAD 0.15 for a period of 24 months from the closing of the Offering. The Warrants are subject to an acceleration clause, whereby if the closing price of the common shares of the Company on the Canadian Securities Exchange is equal to CAD 0.20 or higher for ten consecutive trading days, the Company may accelerate the expiry of the Warrants to the date that is 30 business days from the date of the issuance of a news release by the Company announcing the exercise of the acceleration right. The issuance of securities in connection with this Offering will be subject to Canadian Securities Exchange approval and the securities will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable Canadian securities laws. Announcement • Sep 24
Element79 Gold Corp. Announces Resignation of George Tumur from Board of Directors Element79 Gold Corp. announced that at its AGM held on September 23, 2024, George Tumur did not stand for re-election to the company's board of directors. At this time the company has not replaced Mr. Tumur and will look for a suitable replacement in the future. The company would like to thank Mr. Tumur for his time, contributions and support. Announcement • Sep 20
-Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors Element79 Gold Corp. announced the appointment of Mr. Kevin Arias to the Company's Advisory Board. With over two decades of experience across industries such as mining, energy, and corporate finance, Mr. Arias brings a wealth of knowledge and expertise to the Company. His strong background in business development, investor relations, securities, and corporate communications, combined with a proven track record in raising over CAD 100 million since 2008, positions him as a valuable addition to the Element79 team. Mr. Arias currently serves as Managing Director at Maple Grove Capital Inc., where he has honed his skills in navigating the complex landscapes of upstream energy, mining, and metals sectors. His prior roles include Vice President of Corporate Relations for Red Eagle Mining, Black Eagle Mining, and Slater Mining, as well as positions with Dundee Securities Corporation and Scotia McLeod, further showcasing his versatility and leadership within the industry. Mr. Arias has studied Finance and Marketing at Simon Fraser University, Vancouver, BC. He will begin his advisory role immediately, providing strategic guidance in corporate finance as Element79 moves forward with to fund its exploration and development projects. Announcement • Aug 29
Element79 Gold Corp. Announces Board Changes Element79 Gold Corp. announced the addition of Mr. Warren Levy to the board of directors. Mr. Levy was appointed to the company's advisory board in March. Mr. Levy's career is marked by exceptional sustainability leadership, including several senior roles where he has left an indelible mark, notably in the energy and resources sector. Mr. Levy has guided multiple companies with foreign operations both as an advisor and board member, leveraging his expertise in sustainability, operational efficiency and capital raising while fostering positive relationships with local communities. Throughout his career, Mr. Levy has demonstrated the ability to cultivate high-performance teams across diverse cultural landscapes. His strategic guidance has propelled the expansion of numerous companies in sectors spanning petroleum, mining, and high-tech industries in Latin America and Asia. Author of multiple publications on Latin American energy policy, Mr. Levy has contributed to the discourse on energy and natural resource development in the region, offering insightful perspectives on energy policy and the pivotal role of sustainable development in poverty reduction. Mr. Levy has run regional oilfield and mining service companies with significant operations in Peru, and most recently was the CEO of Jaguar Exploration and Production, the largest private natural gas operator in Mexico, leading it from startup through to becoming the recognized leader in sustainable natural gas production. He managed the company through to the successful sale to a major Mexican conglomerate. The company further announces Mr. Antonios Maragakis' resignation from his position as a director but advise that he has accepted a position on the company's advisory board. Announcement • Jul 29
Element79 Gold Corp., Annual General Meeting, Sep 23, 2024 Element79 Gold Corp., Annual General Meeting, Sep 23, 2024. Announcement • Jul 04
Element79 Gold Corp. announced that it expects to receive CAD 0.25 million in funding Element79 Gold Corp. announced a non-brokered private placement of 1,086,956 units at a purchase price of CAD 0.23 per unit for the gross proceeds of CAD 249,999.88 on July 4, 2024. Each unit will be composed of one common share of the company and one common share purchase warrant. Each warrant will be exercisable for one common share at a price of CAD 0.35 per common share for four years from the date of issuance. In accordance with applicable Canadian securities laws, all securities issued pursuant to the financing will be subject to a statutory hold period of four months and one day from the date of issuance. The closing of the financing is subject to the approval of the Canadian Securities Exchange. Announcement • May 16
Element79 Gold Corp Reports Exceptionally High-Grade Results from Lucero Element79 Gold Corp. reported additional assay results from underground sampling at its Lucero property, Peru, including samples up to 98 g/t gold and 2,034 g/t silver (sample 2508). Key Highlights: Significant Mineral Endowment: A total of 455 samples underground channel samples have been collected from this latest phase, representing nearly 600 kg (620kg) of mineralization and 650 kg of wall rock, underwent comprehensive analysis by their partners at Ore Discovery and unveiled significant exploration potential. Notably, results in 115 samples returned substantial values in gold (Au) (ranging from 1.0 g/t to 98.1 g/t), silver (Ag) (ranging from 0.7 g/t to 3,026 g/t), lead (Pb) (as high as 2.0%) and zinc (Zn) (up to 3.5%), highlighting the robust potential of Lucero's mineral endowment. High-Grade Mineralization: Among these, 17 samples exhibited gold values surpassing 10 g/t, with 8 samples exceeding 20 g/t, and 51 samples boasting silver values exceeding 100 g/t Ag. Of particular significance are 15 high-grade samples with values ranging from 12.65g/t to an impressive 98.1g/t of Au, and remarkable silver values of 62.1 g/t to 3,026 g/t and up 3.24% Zn. These findings reaffirm the potential for exceptional high-grade mineralization. Geochemistry total Statistics: Total of 455 samples, 58% has grades over 0.1 g/t Au; 26% has grades over 1 g/t Au and 9% has grades over 5 g/t Au. Notably most of grades below 0.1 g/t Au correspond to wall rock (foot or hanging wall). Next Steps: With this latest exceptional assay data, Element79 is poised for strategic advancement. These results transcend routine exploration work, they are pivotal markers demonstrating the Lucero project's tangible promise and potential, serving as the bedrock for their forthcoming drill plans and resource estimation. Announcement • May 15
Element79 Gold Corp. Appoints Warren Levy to Its Advisory Board Element79 Gold Corp. announced the appointment of Mr. Warren Levy to its advisory board. With a wealth of experience in sustainability and natural resources operations, Mr. Levy brings a profound understanding of the challenges associated with the industry. His appointment highlights Element 79's commitment to strategic growth, with sustainability as a cornerstone of its operational excellence. Mr. Levy's career is marked by exceptional sustainability leadership, including several senior roles where he has left an indelible mark, notably in the energy and resources sector. Mr. Levy has guided multiple companies with foreign operations both as an advisor and board member, leveraging his expertise in sustainability, operational efficiency and capital raising while fostering positive relationships with local communities. Throughout his career, Mr. Levy has demonstrated a remarkable ability to cultivate high-performance teams across diverse cultural landscapes. His strategic guidance has propelled the expansion of numerous companies in sectors spanning petroleum, mining, and high-tech industries, particularly in Latin America and Asia. Author of multiple publications, Mr. Levy has contributed to the discourse on energy and natural resource development in Latin America, offering insightful perspectives on energy policy and the pivotal role of sustainable development in poverty reduction. Announcement • Apr 19
Element79 Gold Corp. announced that it has received CAD 0.867735 million in funding On April 18, 2024, Element79 Gold Corp., closed the transaction. The company has issued 1,381,130 units and has raised CAD 317,660 in its third and final tranche closing. The transaction was oversubscribed. Now with a third closing the offering has raised an aggregate total of CAD 867,735. Announcement • Dec 30
Element79 Gold Corp. announced that it has received CAD 0.6 million in funding On December 29, 2023, Element79 Gold Corp., closed the transaction. Announcement • Dec 20
Element79 Gold Corp. announced that it expects to receive CAD 0.6 million in funding Element79 Gold Corp. announced a non-brokered private placement of up to 5,309,734 common shares at a price of CAD 0.113 per share for the gross proceeds of up to CAD 600,000 on December 19, 2023. In accordance with applicable Canadian securities laws, all securities issued pursuant to the private placement will be legended with a hold period of four months and one day from the date of issuance. The transaction is subject to the approval of the Canadian Securities Exchange. The securities of the Company referred to in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended. Announcement • Nov 17
Element79 Gold Corp. Announces Chief Operating Officer Changes Element79 Gold Corp. announced a significant change in its leadership team: Antonios Maragakis, the company's Chief Operating Officer (COO) and Director, will be stepping down from his active role as COO due to other professional commitments but will continue to serve as a valued member of the Board of Directors. Kim Kirkland, currently VP Exploration, appointed as the new COO, effective November 15, 2023. Kim Kirkland brings extensive industry knowledge and operational expertise in both Nevada and Peru to lead the company's operations. Antonios Maragakis has been an integral part of Element79 Gold Corp.'s growth and success, playing a pivotal role in the company's operations and strategic direction since October 2021. Mr. Maragakis decision to step back from his active role as COO is driven by his new and evolving professional needs. His efforts at the Company have always included and been supported by the team at Mine+ Group. Element79 Gold Corp. is grateful for his invaluable contributions to the organization to date, and Mr. Maragakis will remain an essential member of Element79 Gold Corp.'s board, where his expertise and insights will continue to benefit the company. Replacing Mr. Maragakis as the new Chief Operating Officer (COO) is Kim Kirkland, currently serving as the company's Vice President of Exploration. Mr. Kirkland is a seasoned mining veteran with a track record spanning senior executive and lead engineering roles at some of the worlds biggest mining companies, with a core focus on operating mines in Nevada and Peru. Kim has been intimately involved in Element79 Golds project and strategic development processes since joining the Company in March 2022, making him the ideal candidate to lead Element79 Gold Corp.'s operations into the future. His extensive knowledge of its projects, commitment to safety, and dedication to sustainable practices align perfectly with the Companys corporate values. Kim will assume responsibility for overseeing the company's day-to-day operations, including the development and execution of exploration and mining activities, while ensuring the highest standards of safety and both environmental and community relations stewardship. His unique career experience in mining operations in both Nevada and Peru make him a key asset to and figure in Element79 Gold Corps project portfolio development in both of those regions. Announcement • Sep 20
Element79 Gold Corp. Appoints Tammy Gillis as New Chief Financial Officer Element79 Gold Corp. announce a significant change in its leadership team. The Company has appointed Tammy Gillis as its new Chief Financial Officer (CFO), effective the beginning of the business day of September 18, 2023. Ms. Gillis brings a wealth of experience and expertise to the role, further strengthening Element79 Gold Corp.'s commitment to financial excellence and growth. Ms. Gillis is a CPA, CMA with over 20 years experience in the public markets bringing comprehensive background in finance, reporting and regulatory requirements for junior exploration, manufacturing, bio-technology, and technology industries. Ms. Gillis has been part of teams that have completed several financings, grant applications and acquisition transactions. Ms. Gillis started her career working at a corporate and securities law firm. Ms. Gillis previously served as Corporate Accountant for an international manufacturing company that had revenue in excess of $120 million and as Chief Financial Officer for a technology company with patented cathode materials used in lithium-ion batteries that successfully built a pilot plant with the assistant of over $4 million in government grants. Ms. Gillis has served as an officer for several TSX-V and CSE listed issuers. Ms. Gillis's appointment follows a thorough search process conducted by Element79 Gold Corp.'s board of directors, and she will be replacing Heidi Gutte, CGA, CPA, who has played a key role in the company's financial management during her tenure since the Companys pre-IPO days. Ms. Gutte has resigned from her former CFO as part of this leadership change, and will continue to support the Company in a consultancy role for the coming months to ensure a smooth transition through the Year End 2022/2023 audits. Announcement • Sep 09
Element79 Gold Corp. announced that it has received CAD 0.145 million in funding On September 8, 2023, Element79 Gold Corp. closed the transaction. The company amended the terms of the deal and received CAD 145,000 in the transaction. The transaction was oversubscribed. Announcement • Jul 14
Centra Mining Ltd. completed the acquisition of The Long Peak Project and The Stargo Project from Element79 Gold Corp. (CNSX:ELEM). Centra Mining Ltd. entered into non-binding letters of intent to acquire The Long Peak Project and The Stargo Project from Element79 Gold Corp. (CNSX:ELEM) for CAD 1 million on November 17, 2022. As on May 25, 2023, Centra mining entered into Asset Purchase Agreement to acquire The Long Peak Project and The Stargo Project from Element79 Gold Corp. (CNSX:ELEM). Under the terms of the transaction, Centra Mining Ltd. will issue an aggregate of 2,500,000 common shares of Centra at a deemed price of CAD 0.40 per share. The transaction is subject to regulatory approval and is expected to close on or before June 30, 2023.
Centra Mining Ltd. completed the acquisition of The Long Peak Project and The Stargo Project from Element79 Gold Corp. (CNSX:ELEM) on July 13, 2023. Announcement • Jul 13
Element79 Gold Corp. Appoints James Tworek to Board of Directors Element79 Gold Corp. announced the appointment of James C. Tworek, the Company's CEO, as a non-independent Director of the Company. In addition to his operational role as CEO, Mr. Tworek will now be in a more direct supportive role to work with the Board in strategic decision making and guidance. James has been the CEO of Element79 Gold Corp. since its pre-IPO era and has built his career holding positions as Director, Senior Management, Operational and Analytical roles in both public and private companies. As successful entrepreneur, his 25-year career started in banking in 1998 and he has garnered a wealth of experience across diverse industries between Commercial Banking, Mining, Oil and Gas, Project Finance, mezzanine debt, mortgage brokerage, Hemp/legal Cannabis, and Clean Water/Envirotech industries. His investing experience includes real estate, private mining, private equity, startup generation, tech, and agricultural ventures. A team leader, James built his career on successfully executing, developing and reaching corporate growth targets. His strong communication skills, honesty and integrity with investors and stakeholders make him an asset as a board member. Announcement • May 06
Element79 Gold Corp. announced that it expects to receive CAD 5 million in funding Element79 Gold Corp. announced a non brokered private placement of unsecured convertible note units in the aggregate principal amount of up to CAD 500,000 on May 5, 2023.. Each unit shall consist of a CAD 1,000 unsecured convertible note and 10,000 non-transferrable full-common share purchase warrants. Each convertible note will be convertible into common shares of the company at a price of CAD 0.10 per share and any accrued but unpaid interest thereon will be convertible into shares at the price of CAD 0.10 per share. Each warrant will be exercisable into one common share of the company at an exercise price of CAD 0.20 for two years from issuance and are subject to an acceleration clause noting that in the event that the volume-weighted average price of the shares equals or exceeds CAD 0.30 per share on the Canadian Securities Exchange for 10 consecutive trading days after the date that is four months and one day from the closing date. The principal amount of the convertible note will bear interest at 15 per cent per annum, payable every six months from the closing date, in shares or cash, at the company's election with 60 days of notice. Any accrued but unpaid interest, will mature on the date that is two years following the closing date. The securities issued will be subject to a four-month-and-one-day hold period. The completion of the private placement and payment of any commission and fees remains subject to the receipt of all necessary approvals, including the approval of the exchange. Announcement • Jan 05
Element79 Gold Corp. Announces Resignation of Konstantin Lichtenwald from Its Board Element79 Gold Corp. announced that effective December 2, 2022, Mr. Konstantin Lichtenwald will be stepping down from the board. Mr. Lichtenwald has served as a member of the board of directors with the Company since its inception, and has assisted with various listing and strategic advisory services since then. Element79 Gold reported that he will remain engaged as an adviser to the board of directors.