Lode Gold Signs Definitive Agreement to Execute Tax-Efficient Spin-Out, Creating Two Pure Play Companies
Toronto, Ontario--(Newsfile Corp. - October 22, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to announce its wholly-owned subsidiary, ("1475039 B.C. Ltd." or "Gold Orogen") has entered into a binding Definitive Agreement (DA) on October 21, 2024 to acquire Great Republic Mining ("GRM", "Great Republic" or CSE: GRM), pursuant to which the GRM and the Company's subsidiary propose to complete a Reverse Take Over (RTO) transaction pursuant...
2024-10-22 9:00 AM EDT
Lode Gold Launches Exploration Program at One of the Largest Land Packages in New Brunswick
Toronto, Ontario--(Newsfile Corp. - October 18, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold" or the "Company") is pleased to announce that a Heliborne HeliTEM² Survey over the Riley Brook and McIntyre Brook properties, in northern New Brunswick, has been initiated as part of the recently announced Acadian Gold Joint Venture with Fancamp Exploration Ltd. (refer to Figure 1). The properties encompass a combined 419 km2 land package of mineral claims, constituting...
2024-10-18 8:30 AM EDT
Lode Gold Identifies New High Priority RIRGS Target ''Steelhead'' at WIN, Tombstone Belt - Yukon
Toronto, Ontario--(Newsfile Corp. - October 15, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to announce that it has received and interpreted the data from the previously announced QMAGT survey conducted in summer, 2024. This news release focuses on presenting initial findings, including reporting the identification of a new high-priority target named "Steelhead" extending the emerging Reduced Intrusion Related Gold System (RIRGS)...
2024-10-15 7:30 AM EDT
Lode Gold Closes $3.5 Million Financing and Strategic Alliance; Ready to Advance Properties in Yukon and New Brunswick
Toronto, Ontario--(Newsfile Corp. - October 9, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold" or the "Company") is pleased to announce it has obtained conditional approval from the TSXV and closed the transaction with Fancamp Exploration Ltd. ("Fancamp") pursuant to the definitive Investment Agreement for $3.5 million investment that the Company announced in its August 27, 2024 news release. $500,000 goes into the Company for subscription of 14,285,714 Special...
2024-10-09 12:34 PM EDT
Lode Gold Signs Letter of Intent to Execute Tax-Efficient Spin-Out, Creating Two Pure Play Companies
Toronto, Ontario--(Newsfile Corp. - September 23, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to announce its wholly-owned subsidiary, ("1475039 B.C. Ltd." or "Gold Orogen") has entered into a non-binding Letter of Intent (LOI) on September 23, 2024 to acquire Great Republic Mining ("GRM", "Great Republic" or GRM:CSE), pursuant to which the GRM and the Company's subsidiary propose to complete a Reverse Take Over (RTO) transaction...
2024-09-23 8:28 PM EDT
Lode Gold Files NI 43-101 Technical Report for Its McIntyre Brook Gold Project in New Brunswick in Preparation for Spin Out
Toronto, Ontario--(Newsfile Corp. - September 11, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to announce that it has filed a Technical Report for its McIntyre Brook Project, located in the emerging Appalachian Gold Belt in New Brunswick. This National Instrument 43-101 (NI 43-101) technical report is to be used for Spin Co (Gold Orogen) and will form part of the submission later this month to the Exchange for listing. UPCOMING...
2024-09-11 8:14 PM EDT
Lode Gold Signs $3.5 Million Strategic Alliance; Creating One of the Largest Prospective Land Packages in New Brunswick
Toronto, Ontario--(Newsfile Corp. - August 27, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to announce it has entered into a definitive agreement with Fancamp Exploration Ltd. ("Fancamp") which will result in a $3.5 million investment (the "Investment Agreement") into the Company, and into the Company's wholly-owned subsidiary, Gold Orogen. As part of the Investment Agreement, the Company will transfer its interests in the McIntyre...
2024-08-27 7:30 AM EDT
Lode Gold Files NI 43-101 Technical Report on Its Yukon Properties, Tombstone Gold Belt, Key to Executing Its Spinout Plan
Toronto, Ontario--(Newsfile Corp. - July 16, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold" or the "Company") is pleased to announce it has filed on SEDAR+, (SEDAR or Lode Gold site) an NI 43-101 technical report (the "Report") on its Golden Culvert and Win properties in the Yukon Tombstone Gold Belt, similar geological setting as the Valley's RIRGS (Reduced Intrusion-Related Gold Systems) gold discovery by Snowline Gold1. The report was authored by Marty Huber, P....
2024-07-16 1:19 AM EDT
Lode Gold Closes Financing
Toronto, Ontario--(Newsfile Corp. - July 15, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to announce it has closed $506,490 financing, previously announced on May 31, 2024. A total of 13,181,143 units at $0.035 per unit (each, a "Unit") and 1,128,750 Flow Through Units at $0.04 ("FT Units") have been issued for total proceeds of $506,490. Each $0.035 Unit shall consist of one common share and one common share purchase warrant. Each...
2024-07-15 4:31 PM EDT
Lode Gold Appoints New Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - July 3, 2024) - Lode Gold Minerals Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold" or the "Company") announces it has appointed Winfield Ding as Chief Financial Officer, effective immediately. Winfield has been CFO and Director for several public companies in Canada and US. He is a seasoned senior finance executive with over twenty years of finance and operations experience. A former audit manager and currently a self-practitioner, he worked in audit, taxation...
2024-07-03 11:54 PM EDT
Lode Gold Provides Mid Year Shareholder Update
Toronto, Ontario--(Newsfile Corp. - July 3, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to provide a Mid Year Shareholder Update regarding its 3-Step Restructuring & Growth Strategy and Plans for 2024. The 3-Step Business Plan was signed off by the Board in October 2023; since then it has been focused on systematic execution of the plans to unlock value for shareholders. Step 1: Lode Gold completed an oversubscribed Private Placement...
2024-07-03 2:26 PM EDT
Lode Gold Pivots Strategy to Focus on Underground Opportunity & Presents Results of the Evaluation of a Potential High-Grade Underground Mine at Fremont, Mariposa, on the Prolific Mother Lode Belt
Toronto, Ontario--(Newsfile Corp. - June 27, 2024) - Lode Gold Minerals Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold" or the "Company" is pleased to present the results of the evaluation directed by Carlos Saban, Lode Gold’s technical advisor, an exploration and mine geologist, regarding the potential of a high-grade underground mine at Fremont, Mariposa. Mariposa, California is the original gold rush county, where gold mining started back in 1848. Currently in California, there are over 700...
2024-06-27 12:43 AM EDT
Lode Gold Further Improves Balance Sheet, Pays Back All Working Capital Loans
Toronto, Ontario--(Newsfile Corp. - June 11, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold" or the "Company") announces it has repaid all short-term working capital loans totalling $500,000 in March 2024. The Company disclosed the terms of the loan agreements in the press release dated September 27, 2023. The Company continues to execute its strategic plans, improve its balance sheet, and actively work towards growing shareholder value. ABOUT LODE GOLD Lode Gold is a...
2024-06-11 6:14 PM EDT
Lode Gold Commissions Cutting Edge QMAG(T) Geophysical Survey on Its Golden Culvert and Win RIRGS And Orogenic Gold Projects, Yukon
Toronto, Ontario--(Newsfile Corp. - June 6, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to announce it has commissioned a QMAGT geophysical survey (1,151-line kilometres) on its Golden Culvert and Win projects in the Yukon. The QMAGT system is to be flown out of Seabridge Gold’s 3-Aces camp southwest of Lode Gold’s properties. This is a collaborative alliance with other Yukon explorers such as Snowline Gold, Seabridge Gold and Aben...
2024-06-06 11:45 AM EDT
Lode Gold Reviews McIntyre Brook Project, New Brunswick - Establishes High Exploration Potential
Toronto, Ontario--(Newsfile Corp. - June 3, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to report that it is confirming gold endowment and its high exploration potential on its 111 km2 McIntyre Brook Project, New Brunswick. This asset, along with the Company's Golden Culvert and Win Projects will be spun out into a new company, Gold Orogen shortly, to allow better exploration focus on its highly prospective assets. The Property...
2024-06-03 9:00 AM EDT
Lode Gold Announces $2M Non-Brokered Financings
Toronto, Ontario--(Newsfile Corp. - May 31, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to announce it is undertaking a non-brokered financing for $1.0 million (the "Offering") by issuing 28,571,429 units at $0.035 per unit (each, a "Hard-Dollar Unit"). Each Hard-Dollar Unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at $0.05 for a period...
2024-05-31 12:34 PM EDT
Lode Gold Sets up Subsidiary Company to Vend in Yukon and New Brunswick Assets
Toronto, Ontario--(Newsfile Corp. - May 15, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold" or the "Company" and formerly Stratabound Minerals) announces it has incorporated a new wholly owned subsidiary to vend in its Canadian assets in Yukon and New Brunswick. The intention is to spin off the subsidiary into a new public vehicle. We are actively evaluating options: a) Direct listing or b) RTO (reverse takeover). In 2020, the market capitalization of Lode Gold with...
2024-05-15 12:50 PM EDT
Lode Gold (Formerly Stratabound) Completes Second Year Commitments on Property Options Advancing McIntyre Brook Ownership
Toronto, Ontario--(Newsfile Corp. - April 25, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold" or the "Company" formerly Stratabound Minerals Corp.) announces that it has closed the shares for debt transaction, previously announced on April 2, 2024. The Company had second-year anniversary payments due pursuant to the terms of seven arms-length option agreements on its McIntyre Brook property in New Brunswick. The Company made payments totaling $209,000, satisfied by...
2024-04-25 3:34 PM EDT
Lode Gold (Formerly Stratabound) Engages Former Director as Advisor for Matters Related to the Fremont Project, Located ~500km from Castle Mountain
Toronto, Ontario--(Newsfile Corp. - April 24, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold" or the "Company", formerly Stratabound Minerals Corp.) announces that it has engaged Martin Stratte as an advisor. Stratte has stepped down as a director of the Company to take on this advisory role, in connection with his return to the private practice of law in California. Stratte is a land use and environmental permitting attorney with significant experience advising...
2024-04-24 4:51 PM EDT
Lode Gold (Formerly Stratabound) Initiates Work to Investigate High-Grade Underground Potential at Fremont on the Prolific Mother Lode Belt, ~500 km from Equinox Gold
Toronto, Ontario--(Newsfile Corp. - April 10, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold" or the "Company" formerly Stratabound Minerals Corp.) is pleased to announce that it has retained the services of Carlos Saban, an exploration and mine development geologist to review the Company's Fremont Gold Project (Fremont) and to develop a geological model for a potential high-grade underground gold mine. Carlos Saban is skilled in re-interpreting complex mineralized...
2024-04-10 5:22 PM EDT