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Global merger and acquisition (M&A) activity is down as much as 30 percent year-over-year, but there have been some sizeable deals in the gold sector in May. Midway through the month, three deals were in the works, including a since-abandoned three way merger that would have seen...
VANCOUVER, British Columbia, May 25, 2020 (GLOBE NEWSWIRE) -- Gold X Mining Corp. (TSX-V: GLDX, OTCQX: SSPXF) (“ Gold X ” or the “ Company ”) announces that, further to its news release dated May 11, 2020, Gran Colombia Gold Corp. (“Gran Colombia”...
As more countries ease lockdown measures and return to a new state of normal, fears are increasing that it will take longer than expected to recover from the coronavirus-led downturn. Last week, US Federal Reserve Chair Jerome Powell warned that a recovery “may take some time...
After months of subdued merger and acquisition (M&A) activity in the gold sector, May is proving to be the month of M&A, with three deals reported this week. The period started with the announcement that Gran Colombia Gold (TSX: GCM ,OTCQX:TPRFF), Gold X Mining (TSXV: GLDX ,OTCQX:S...
VANCOUVER, British Columbia, May 13, 2020 (GLOBE NEWSWIRE) -- Gold X Mining Corp. (“ Gold X ”) (TSXV: GLDX, OTCQX: SSPXF) is pleased to announce that certain shareholders of Gold X, who collectively hold 2,897,225 shares or 7.62% of Gold X’s issued common shares, have e...
Gran Colombia Gold ( TPRFF ) surprised the markets by announcing a very interesting double-merger proposal to Guyana Goldfields ( GUYFF ) and Gold X ( SSPXF ). Gran Colombia's aim is to create a mid-tier South America-focused gold producer. Gran Colombia operates a high-grade gold mine in Co...
Guyana Goldfields Announces Receipt of Unsolicited Proposal Canada NewsWire TORONTO, May 11, 2020 TORONTO , May 11, 2020 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company", "we" or "our") acknowledges it has received an unsolicited proposal from Gran Colombia G...
VANCOUVER, British Columbia, May 11, 2020 (GLOBE NEWSWIRE) -- Gold X Mining Corp. (“ Gold X ”) (TSXV: GLDX, OTCQX: SSPXF) is pleased to announce that it has signed a definitive agreement (the “ Arrangement Agreement “) under which it intends to complete a busines...
Extensive work of over 20 years and US$150 million invested allows for focus turning to “race to production” strategy under new management lead by Paul Matysek CEO and Chairman Fully funded to fast track Feasibility and Permitting work which has commenced ...
Gold X Mining ( OTCQX:SSPXF +3.5% ) appoints Paul Matysek as the Company’s CEO and Chairman, succeeding Rich Munson who has been appointed President of the Company. More news on: Gold X Mining Corp., Commodities news, Read more ...
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VANCOUVER, British Columbia, Aug. 25, 2020 (GLOBE NEWSWIRE) -- Gold X Mining Corp. (TSX.V: GLDX, OTCQX: SSPXF) (“Gold X” or the “Company”) announced today that it has elected to exercise its right under the terms and conditions (the “Warrant Terms”...
Gold X signs agreement with CM Engineering of Suriname for design of Northern Access Route connecting Toroparu to tidewater at Buckhall LIDAR based engineered design expected to be completed in September 2020 Remaining US$250,000 of debt has been converted into eq...
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. The conversion of US$19.75 million of the Company’s total US$20 million of debt 28 months prior to maturity indicates strong support for Gold X’s strategic dev...