|Bid||0.250 x 0|
|Ask||0.265 x 0|
|Day's Range||0.245 - 0.250|
|52 Week Range||0.190 - 0.420|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.80|
TORONTO, Sept. 17, 2018-- Amarillo Gold Corporation wishes to announce that it has granted 1,400,000 incentive stock options to directors and officers at a price of $0.23 with a 5 year term expiring on ...
Amarillo Gold Corporation (“Amarillo” or the “Company”) (AGC.V) (AGCBF) is pleased to announce that it has filed on SEDAR (www.sedar.com) the Pre-Feasibility Study update on the Company’s flagship Mara Rosa Project. The highlights of this updated study titled “Technical Update on the Posse Gold Project, Brazil, September 2018” were reported in our press release on September 12, 2018.
TORONTO, Sept. 12, 2018-- Amarillo Gold Corporation is pleased to announce results of the updated Pre-Feasibility Study for the Posse gold deposit at its 100% owned Mara Rosa Project.. After tax internal ...
TORONTO, Sept. 10, 2018-- Amarillo Gold Corporation is pleased to announce drilling results from its first 11 holes of the planned 10,000 m drill program on its flagship Mara Rosa Project which commenced ...
Completed a private placement of CAD $5.2 M in early Q2 2018 Completed the sale of an NSR royalty to Royal Gold for USD $10.8 M Completed the repayment in early Q3 2018 of the USD $8.5 M gold linked credit ...
TORONTO, Aug. 14, 2018-- Amarillo Gold Corporation’ s Annual General and Special Meeting of Shareholders will be held on Wednesday September 12, 2018 at 10:00 AM E.T. at the offices of Miller Thompson ...
The Shares for Debt Transactions were undertaken by Amarillo with a view towards improving its balance sheet and conserving cash for additional operational and mine development purposes. The Company’s intention to complete the Shares for Debt Transactions was initially announced in the Company’s news release dated July 24, 2018, along with two other shares for debt transactions that were completed on July 26, 2018 in connection with the Company’s full repayment of a gold linked credit facility for USD$8.5M.
Amarillo Gold Corporation (“Amarillo” or the “Company”) (AGC.V) today announces that its common shares have been approved for trading on the OTCQB® Venture Market in the United States under the symbol AGCBF. The Company’s common shares will continue to trade under the symbol AGC on the TSX Venture Exchange. Amarillo is developing an economic, open pit gold resource at its Mara Rosa Project in the mining friendly jurisdiction of Goias State in Brazil.
Amarillo Gold Corporation (“Amarillo” or the “Company”) (AGC.V) today announces the full repayment of the gold linked credit facility (the “Gold Loan”) for USD$8.5M through a combination of USD$7.4M in cash and USD$1.1M in new equity. The Company’s intention to repay the Gold Loan was previously announced in the Company’s news release dated July 24, 2018. Pursuant to the aforementioned news release, the Company also announced its intention to complete other concurrent shares for debt transactions to settle an aggregate amount of CAD$1.2M in payables owing to certain arm’s length and non-arm’s length parties (the “Concurrent Shares for Debt Transactions”).
Pursuant to the full repayment of the Gold Loan and the completion of the Concurrent Shares for Debt Transactions, the Company is expected to issue 5,377,819 and 4,177,888 common shares in its capital (“Common Shares”), respectively, at a deemed price of CAD$0.28 per share (and where applicable, at a CAD/USD exchange rate of 1.3168). An aggregate of 2,892,952 Common Shares is expected to be issued to non-arm’s length parties pursuant to the Concurrent Shares for Debt Transactions.
Amarillo Gold Corporation (“Amarillo” or the “Company”) (AGC.V) is pleased to report that it has completed the previously-announced sale of a perpetual 1.75% Net Smelter Return Royalty (the “Royalty”) on the Mara Rosa gold project (the “Mara Rosa Project”) to RG Royalties, LLC, a wholly-owned subsidiary of Royal Gold, Inc. (RGLD) (“Royal Gold”), for USD $10.8 million (approximately CAD$14.4 million). The proceeds of the sale are expected to be used to repay a portion of the gold-linked credit facility that the Company entered into on July 31, 2014, and to fund ongoing exploration and development activities in respect of the Mara Rosa Project. Mike Mutchler, President and Chief Executive Officer of Amarillo, commented: “We are extremely pleased to have completed the sale of the Royalty.
The proceeds of the sale are expected to be used towards recapitalizing the balance sheet of the Company in the least dilutive manner to shareholders and to further fund ongoing exploration and development activities at Mara Rosa. The Company expects to use a portion of the proceeds from the Royalty to repay the gold-linked credit facility that it entered into on July 31, 2014.
TORONTO, ON / ACCESSWIRE / June 15, 2018 / Amarillo Gold Corporation (TSXV: AGC) ("Amarillo" or the "Company") today announces that the Company will be presenting at the MicroCap Conference ...
For Amarillo Gold Corporation’s (TSXV:AGC) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. The beta measuresRead More...