Precious Metals

Blue Star Gold Announces $1M Non-Brokered Private Placement

Blue Star Gold Announces $1M Non-Brokered Private Placement

Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WP0) (OTCQB: BAUFF) ("Blue Star" or the "Company") announces that, subject to the approval of the TSX Venture Exchange (the "Exchange"), it intends to complete a non-brokered private placement of up to $1,000,000. Pursuant to the offering, the Company will issue 4,000,000 common shares (each a "Share") at a price of $0.25 per Share to raise up to $1,000,000. (the "Private Placement").

The Shares will be subject to a four-month and one day hold period pursuant to securities laws in Canada and, where applicable, the Exchange. The Company intends to use the proceeds for general exploration and working capital.

About Blue Star Gold Corp.

Blue Star is a gold company focused on exploration and development within Nunavut, Canada. Blue Star's landholdings total approximately 270 square kilometres of highly prospective and underexplored mineral properties in the High Lake Greenstone Belt, Nunavut. The Company owns the Ulu Gold Property lease, an advanced gold project, the highly prospective Hood River Property that is contiguous to the Ulu mining lease, and the Roma Project. A significant high-grade gold resource exists at the Flood Zone deposit (Ulu lease), and numerous high-grade gold occurrences and priority targets occur throughout the Ulu, Hood River and Roma Projects.

For information on the Company and its projects, please visit our website: www.bluestargold.ca.

For further information, please contact:
Grant Ewing, P. Geo., CEO
Telephone: +1 778-379-1433
Email: info@bluestargold.ca

Neither the 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.

The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.

This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/141917

News Provided by Newsfile via QuoteMedia

BAU:CA
The Conversation (0)
Blue Star Gold Announces Closing of Non-Brokered Private Placement

Blue Star Gold Announces Closing of Non-Brokered Private Placement

Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") announces that, subject to the final approval of the TSX Venture Exchange (the "Exchange"), it has closed its non-brokered private placement (the "Private Placement") issuing 4,000,000 common shares (each a "Share") at $0.25 per Share raising gross proceeds of $1,000,000.

The Shares are subject to a four-month and one day hold period expiring on March 25, 2023 pursuant to securities laws in Canada and, where applicable, the Exchange. The Company intends to use the proceeds for general exploration and working capital. No finder's fees were paid in connection with the Private Placement.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Blue Star Gold Drills 4.41 g/t Gold over 10.42 Metres and Provides Final Results from the 2022 Exploration Program

Blue Star Gold Drills 4.41 g/t Gold over 10.42 Metres and Provides Final Results from the 2022 Exploration Program

Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") provides an update on the final results from the 2022 exploration campaign. Drilling focused on both potential new resource areas and on select areas of the Flood Zone deposit to improve geological and resource modeling as part of a multi-prong exploration program across the Company's highly prospective Ulu, Hood River, and Roma projects located in the Kitikmeot Region of Nunavut.

Exploration Program Results:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Blue Star Gold Outlines Several High Potential Target Areas

Blue Star Gold Outlines Several High Potential Target Areas

Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") provides an update on the development of its target pipeline conducted across its highly prospective Ulu, Hood River, and Roma projects ("Projects") located in the Kitikmeot Region of Nunavut.

Program Highlights

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Blue Star Gold Provides Additional Exploration Results

Blue Star Gold Provides Additional Exploration Results

Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WP0) (OTCQB: BAUFF) ("Blue Star" or the "Company") announces additional results from its 2022 exploration program across the Company's highly prospective Ulu, Hood River, and Roma projects located in the Kitikmeot Region of Nunavut.

Program Highlights:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Blue Star Gold Completes 2022 Exploration Program; 8.18 g/t Gold over 4.2 Metres Intersected at Gnu Zone

Blue Star Gold Completes 2022 Exploration Program; 8.18 g/t Gold over 4.2 Metres Intersected at Gnu Zone

Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WP0) (OTCQB: BAUFF) ("Blue Star" or the "Company") announces that it has completed its 2022 exploration program across the Company's highly prospective Ulu, Hood River, and Roma projects located in the Kitikmeot Region of Nunavut.

Highlights:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
NV Gold Announces Exploration Target at its Slumber Gold Project of up to ~450,000 Gold Ounces

NV Gold Announces Exploration Target at its Slumber Gold Project of up to ~450,000 Gold Ounces

NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company") is pleased to provide a technical update for the Company's 100%-owned Slumber Gold Project ("Slumber") located 80 kilometers (50 miles) northwest of Winnemucca, and 37 kilometers (23 miles) west of the Sleeper gold deposit, in Humboldt County, Nevada (see Figure 1). The technical update has identified an estimated exploration target (the "Exploration Target") of 150,000 - 450,000 ounces of gold (see Table 1

Table 1: Exploration Target potential grades and tonnages, with the potential tonnage and grade using a maximum and minimum of 20% increase/decrease to allow for uncertainty.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
iMetal Resources Commences Digitally Enhanced Prospecting on Its Ghost Mountain Project

iMetal Resources Commences Digitally Enhanced Prospecting on Its Ghost Mountain Project

iMetal Resources, Inc. (TSX.V:IMR)(OTCBB:ADTFF)(FRANKFURT:A7V) ("iMetal" or the "Company") is pleased to announce commencement of a Digitally Enhanced Prospecting (DEP) survey at its Ghost Mountain property, a 220-hectare property, 42 km NE of Kirkland Lake, which lies 5 km directly west of Agnico Eagle's Holt and Holloway Mines and within 1 km of the Porcupine-Destor Fault Zone

Saf Dhillon, Chief Executive Officer, stated: "Ghost Mountain lies along the ‘Golden Highway' one of the most historically prolific gold belts not only in Canada but in the World. Several gold exploration and mining operations are active in the immediate vicinity including Agnico Eagle's Holt and Holloway Mines Property and McEwen Mining's Black Fox Mine. We like Ghost Mountain's address and are excited to move one step closer to drilling."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
TSX Venture Exchange Stock Maintenance Bulletins

TSX Venture Exchange Stock Maintenance Bulletins

TSX VENTURE COMPANIES

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE: March 20, 2023
TSX Venture Company

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Alianza Minerals Receives Funds from Property Payments and Announces Completion of Early Warrant Exercise Incentive Program

Alianza Minerals Receives Funds from Property Payments and Announces Completion of Early Warrant Exercise Incentive Program

(TheNewswire)

Alianza Minerals Ltd

Alianza Minerals Ltd. ("Alianza") (TSXV:ANZ ) ( OTC:TARSF) wishes to announce that during the current quarter, the Company received in excess of $240,000 from its partners for property payments, a reclamation bond refund as well as from the early warrant incentive program (the "Warrant Incentive Program") as described in its press releases dated February 8, 2023 and February 13, 2023

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
CSE Bulletin: Resumption - Torrent Gold Inc.

CSE Bulletin: Resumption - Torrent Gold Inc.

Torrent Gold Inc. (the "Issuer") was halted on July 5, 2022, following the announcement of the agreement with JMX, LLC, to acquire the intermediate stage Jessup gold-silver exploration project, which would have been a Fundamental Change pursuant to CSE Policy 8. The Issuer has subsequently announced the termination of the agreement.

The issuer will resume trading on March 16, 2023.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
IIROC Trade Resumption - TGLD

IIROC Trade Resumption - TGLD

Trading resumes in:

Company: Torrent Gold Inc.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×