Board Change • Jul 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. CFO, President, VP, Financial Controller, Corporate Secretary & Director Fleming Huang was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Duyuru • Apr 21
Golden Share Resources Corporation, Annual General Meeting, Jun 28, 2024 Golden Share Resources Corporation, Annual General Meeting, Jun 28, 2024. Duyuru • Dec 21
Golden Share Resources Corporation announced that it has received CAD 0.375 million in funding On December 20, 2022, Golden Share Resources Corporation has completed the transaction. The company issued 2,500,000 units for the gross proceeds of CAD 125,000 and 5,000,000 flow-through shares for gross proceeds of CAD 250,000 for aggregate gross proceeds of CAD 375,000. The transaction included participation from one existing insider and three placees. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. As part of the transaction the investor will own 8.03% of issued on undiluted basis and 10.36% of the outstanding common shares on diluted basis. Duyuru • Dec 13
Golden Share Resources Corporation announced that it expects to receive CAD 0.375 million in funding Golden Share Resources Corporation announced a non-brokered private placement of up to 2,500,000 units at a price of CAD 0.05 per unit for gross proceed of up to CAD 125,000, and up to 5,000,000 flow-through shares at a price of CAD 0.05 per flow-through shares for proceeds of up to CAD 250,000, for an aggregate gross proceeds of CAD 375,000 on December 12, 2022. Each unit consist of one common share and one common share purchase warrant. Each whole warrant entitles the holder to purchase one common share at a price of CAD 0.08 for a period of 12 months following the closing of the transaction. All the securities are subjected to four month and one day hold period after date of issuance. The transaction may include participation from insiders of the company. The transaction may be closed in one or more tranches. It is anticipated that an initial closing of the transaction will occur on or before December 22, 2022. Completion of the transaction is subject to the receipt of TSX Venture approval. Duyuru • Apr 09
Golden Share Resources Corporation, Annual General Meeting, Jun 16, 2022 Golden Share Resources Corporation, Annual General Meeting, Jun 16, 2022. Duyuru • Jul 14
Golden Share Resources Corporation to Provide Updates for its 100% Owned Portfolio of Projects Which Include the Band-Ore Gold Project, the Ogoki Diamond Project, and the Ratte Lake Base Metals Property Golden Share Resources Corporation (‘Golden Share’ or the ‘Company’) to provide updates for its 100% owned portfolio of projects which include the Band-Ore Gold Project, the Ogoki Diamond Project, and the Ratte Lake Base Metals Property. The Ogoki Diamond Project is located in the James Bay Lowlands of Ontario, approximately 200km southwest of the De Beers' Victor diamond mine. Ten of the Ogoki magnetic targets form a distinct cluster or field along a 20 km long northwest trending axis, underlain by Paleozoic sedimentary rocks and similar in size and orientation to the Attawapiskat kimberlite field hosting the Victor diamond mine. Drill testing of select primary targets at the Ogoki Diamond Project remain a priority task for Golden Share. The Band-Ore Gold Project is a well located with adjacent power and transportation infrastructure, about 65 km west of Thunder Bay, Ontario. The project is hosted in the Shebandowan Greenstone Belt (‘SGB’), part of the Wawa Subprovince. The SGB displays a classic Archean greenstone belt sequence and subsequent deformation, comparable to other notable greenstone belts hosting the Hemlo, Timmins and Kirkland Lake gold camps. Two significant zones of gold mineralization have been outlined at Band-Ore: the Main Zone and Zone No. 4. The Main Zone was first discovered in the 1930's and contains a historical mineral resource of 155,600 ounces of gold (705,790 tonnes at 6.86 g/t Au). Zone No. 4 was discovered in the 1980's and is approximately 800m southwest of the Main Zone. A historical mineral resource of 95,671 ounces of gold was calculated by Noranda (616,000 tonnes at a grade of 4.83 g/t Au and 7.71 g/t Ag). With Golden Share's focus on new discoveries, proposed confirmation drilling at Zone No. 4 has been postponed. Proposed work programs include line cutting, IP orientation surveys and drilling for which permits have been received. Results of the orientation IP surveys will be interpreted together with historical IP survey results including those from the Band Ore Main Zone area. Golden Share is also investigating a property wide high-resolution helicopter magnetic survey as a possible alternative to a drone magnetic survey. The goal of the IP and magnetic surveys is to gain a better understanding of the local geology and structures to assist in targeting new gold mineralization discoveries. Golden Share is seeking expressions of interest in the sale or option of its Ratte Lake Base Metals Property. Historical exploration conducted by New Jersey Zinc Exploration Company (Canada) Ltd. In the 1980's outlined potential volcanogenic massive sulphide (VMS) targets which were recommended for trenching or overburden drill testing, however no follow-up work was recorded. Forestry operations in the Ratte Lake area have since provided road access to the immediate area. Golden Share holds exploration permits for grid line cutting, ground HLEM/magnetometer surveys, and diamond drilling. In March 2020, the World Health Organization declared coronavirus COVID-19 a global pandemic. This contagious disease outbreak has adversely affected workforces, economies, and financial markets globally, potentially leading to an economic downturn. It is not possible for the Company to predict the duration or magnitude of the adverse results of the outbreak and its effects on the Company's operation or ability to finance its operations. Duyuru • Mar 16
Golden Share Resources Corporation Completes a Diamond Drill Program Comprised of One Drill Hole to Test an Airborne VTEM™ Golden Share Resources Corporation announced that it has completed a diamond drill program comprised of one drill hole to test an airborne VTEM™ (Versatile Time Domain Electromagnetic) anomaly beneath Sandridge Lake, approximately 150 kilometres east of Thunder Bay, Ontario. The core hole encountered a sequence of mafic metavolcanics and metasediments including an approximately 7m core length of graphite starting at a downhole depth of 197 m. This graphite interval is interpreted to be the targeted EM conductor. The Company appreciates the efforts of the exploration team, Niigaani Drilling and Wiskair Helicopters, for the efficient and safe completion of the drill program during the ongoing COVID-19 Pandemic. Recent Insider Transactions Derivative • Feb 10
Chairman exercised options to buy CA$40k worth of stock. On the 8th of February, Nianqing Zeng exercised options to buy 350k shares at a strike price of around CA$0.26, costing a total of CA$92k. This transaction amounted to 56% of their direct individual holding at the time of the trade. Since March 2020, Nianqing's direct individual holding has increased from 510.00k shares to 621.00k. Company insiders have collectively bought CA$122k more than they sold, via options and on-market transactions, in the last 12 months. Duyuru • Feb 09
An unknown buyer entered into a binding agreement to acquire Basking Project in Northern Ontario, Canada from Golden Share Resources Corporation (TSXV:GSH) for CAD 0.3 million. An unknown buyer entered into a binding agreement to acquire Basking Project in Northern Ontario, Canada from Golden Share Resources Corporation (TSXV:GSH) for CAD 0.3 million on February 8, 2021. Duyuru • Jan 19
Golden Share Provides Projects' Updates Golden Share Resources Corporation provided updates for its 100% owned portfolio of projects which comprises the Band-Ore gold project, Ogoki diamond project and four other projects with base and/or precious metals exploration potential (Sandridge, Kagiami, Petawanga, and Ratte Lake). Golden Share's focus in 2021 will be the Band-Ore gold project. Proposed work programs include a project-wide high-definition drone magnetic survey, IP orientation surveys followed by diamond drilling. The goal is to gain a better understanding of the local geology and structures to assist in drill hole targeting, and to upgrade the Band-Ore No.4 Zone historical mineral resource to a current mineral resource in accordance with 43-101 compliant inferred resources. Golden Share recently received exploration working permits for geophysical and drilling at Band-Ore. Ogoki, Sandridge, and Kagiami projects have drill ready targets and received exploration work permits for winter drilling programs. Because of the COVID-19 Pandemic, Golden Share considers it appropriate to postpone the drilling programs at Ogoki and Kagiami to winter 2021-2022. Golden Share is closely monitoring the unseasonably mild winter conditions to date and the ongoing Pandemic and hopes to be able to conduct the drilling program at Sandridge this winter if conditions warrant. Golden Share has planned a VTEM/magnetic survey at the Petawanga project, which will be used to guide follow-up groundwork at the known historical sulphide occurrences and along strike on relatively untested alteration and geophysical targets. Golden Share has reached out to the local First Nation for its consent. At the Ratte Lake project, Golden Share received exploration permits for a proposed program of grid line cutting, ground HLEM/magnetometer surveys, and diamond drilling. Golden Share intends to conduct the proposed exploration work as quickly as possible and according to the market conditions. Duyuru • Sep 22
Golden Share Resources Corporation (TSXV:GSH) acquired Ratte Lake Property in Ontario. Golden Share Resources Corporation (TSXV:GSH) acquired Ratte Lake Property in Ontario on September 21, 2020.
Golden Share Resources Corporation (TSXV:GSH) completed the acquisition of Ratte Lake Property in Ontario on September 21, 2020. Duyuru • Sep 03
Midex Resources Ltd. entered into letter of intent to acquire Berens River Project of Golden Share Resources Corporation (TSXV:GSH) for CAD 1.5 million. Midex Resources Ltd. entered into letter of intent to acquire Berens River Project of Golden Share Resources Corporation (TSXV:GSH) for CAD 1.5 million on September 2, 2020. Consideration includes cash consideration of CAD 0.2 million, which was received, cash consideration of CAD 0.3 million to be paid on or before December 1, 2020, the issuance of 2 million Midex common shares at a price of CAD 0.25 per share to be issued on the date of the first anniversary of the letter of intent and the issuance of a further 2 million Midex common shares at a price of CAD 0.25 per share to be issued on the date of the second anniversary of the letter of intent. Golden Share and Midex will negotiate in good faith and use reasonable efforts to execute the definitive documents on or before September 15, 2020.