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CALGARY, ALBERTA--(Marketwired - Jan 5, 2015) - Golconda Resources Ltd. (TSX VENTURE:GA) (the "Corporation" or "Golconda") announces that its wholly-owned subsidiary, Golconda Gold, Inc. has disposed of an aggregate of 17 "RV" unpatented lode mining claims and associated data situated in Nye County, Nevada (the "Assets") to Mountain Gold Claims, LLC, Series 27 ("Mountain Gold") (the "Disposition"). As consideration for the Disposition, Mountain Gold granted Golconda Gold a royalty equal to 1% of the Net Smelter Return received from the sale of minerals produced from the Assets. Mountain Gold is controlled by Thomas Callicrate, a director of the Corporation. Together, Thomas Callicrate and Mountain Gold hold less than 0.1% of the issued and outstanding shares of the Corporation. Golconda has determined that exemptions from the various requirements of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 are available for the Disposition (Formal Valuation - Issuer Not Listed on Specified Markets; Minority Approval - Fair Market Value Not More Than 25% of Market Capitalization). Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Golconda Resources Ltd
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EXPLORATEUR |
CODE : GA.V |
ISIN : CA38046F1027 |
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Golconda Res. est une société de production minière d'argent et d'or basée au Canada. Golconda Res. détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont SOUTH MONITOR, 4 ACES, SHULIN LAKE, RALSTON VALLEY, MERGE, MONITOR FLAT, WAPAWEKKA, ENNIS LAKE, SHULIN LAKE et WAPAWEKKA WEST au Canada. Golconda Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 3,3 millions CA$ (2,7 millions US$, 2,5 millions €). La valeur de son action a atteint son plus bas niveau récent le 10 juillet 2015 à 0,01 CA$, et son plus haut niveau récent le 22 septembre 2021 à 1,20 CA$. Golconda Res. possède 133 509 992 actions en circulation. |