SSP.V - Gold X Mining Corp.

TSXV - TSXV Delayed Price. Currency in CAD
0.2550
0.0000 (0.00%)
At close: 3:59PM EST
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Neutralpattern detected
Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close0.2550
Open0.2550
Bid0.2500 x 0
Ask0.2550 x 0
Day's Range0.2500 - 0.2550
52 Week Range0.2500 - 3.5600
Volume331,100
Avg. Volume0
Market Cap71.191M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateNov 27, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.20
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
N/A
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      Sandspring Resources Announces Continuation to B.C., Name Change to Gold X Mining Corp. and 8:1 Consolidation

      Gold X Mining Corp. (TSX-V: GLDX, OTCQX: SSPXF) (“Gold X” or the “Company”) announces that it has continued its jurisdiction of incorporation into British Columbia and that the Board of Directors of the Company has approved a name change to “Gold X Mining Corp.” and a consolidation of its issued and outstanding share capital on the basis of one new common share for every eight outstanding common shares.

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      Sandspring Resources Receives Shareholder Approval for Gran Colombia Gold Corp. as a "Control Person"

      Sandspring Resources Ltd. (TSX-V: SSP, OTCQX: SSPXF) (“Sandspring” or the “Company”) announces that the Company has received shareholder approval at its annual general meeting for Gran Colombia Gold Corp. (“Gran Colombia”) as a “Control Person” of the Company. Gran Colombia was issued 5,200,000 Subscription Receipts (“Receipt”) as part of its participation in the June 12, 2019 placement. The Receipts automatically converted upon the Company receiving shareholder approval.

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      Sandspring Resources proposes name change to Gold X Mining Corp., a share consolidation of 8 to 1 and formation of Strategic Advisory Board

      Sandspring Resources Ltd. (TSX Venture: SSP, OTCQX: SSPXF) (“Sandspring” or the “Company”) is pleased to announce the formation of a Strategic Advisory Board to assist the Board of Directors and management with corporate and shareholder value creation. Former Lithium X executives, Paul Matysek and Brian Paes-Braga, are the founding members.

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      Sandspring Resources Announces Appointment of Key Executive

      Sandspring Resources Ltd. (TSX Venture: SSP, OTCQX: SSPXF) (“Sandspring”, or the “Company”) today announced that the Company’s Board of Directors (the “Board”) appointed Bassam Moubarak as Executive Vice President Finance and Chief Financial Officer, effective November 1, 2019. Mr. Moubarak has also been appointed to the Company’s Board of Directors.

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      Gran Colombia Gold Interest in Sandspring Resources Changes to Approximately 19.45%

      Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today that its equity position in Sandspring Resources Ltd. (”Sandspring”) (TSX-V: SSP, OTCQX: SSPXF) has changed to 19.45% through a non-brokered private placement (the “Private Placement”) completed today by Sandspring. Sandspring intends to use the proceeds of the Private Placement to commence work on the feasibility study for its Toroparu Gold Project, for additional step out and exploration drilling at its Chicharron Project and for general working capital. Sandspring’s Private Placement comprised a total of 37,500,000 units (each, a “Unit”) at a price C$0.20 per Unit, for gross proceeds of C$7.5 million.  Each Unit issued in the Private Placement consists of one common share and one share purchase warrant entitling the holder to purchase one additional share at C$0.35 for a period of sixty (60) months.  The placement was fully subscribed and included an investment from the Company in the amount of C$1.0 million.

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      Sandspring Resources Announces Non-Brokered Private Placement

      Sandspring Resources Ltd. (SSP: TSX-V / SSPXF: OTC) (“Sandspring” or the “Company”) announces a non-brokered private placement of 25,000,000 units (the “Units”) at a price of $0.20 per Unit for gross proceeds of up to $5,000,000. Each Unit consists of one common share of the Company (“Share”) and one share purchase warrant entitling the holder to purchase one Share at $0.35 for a period of five years from the date of issuance (“Warrant”).  It is anticipated that insider Gran Colombia Gold Corp. will participate in the private placement subject to TSX Exchange approval. The Company intends to use the proceeds to commence work on the feasibility study for its flagship Toroparu Gold Project located in the Mazaruni-Cuyuni region of Western Guyana, for additional step out and exploration drilling at its Chicharron Silver-Gold project located in the Segovia Mining District of Colombia, and for general working capital purposes.

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      Sandspring Announces Preliminary Economic Assessment

      DENVER and VANCOUVER, British Columbia, June 04, 2019 -- Sandspring Resources Ltd. (TSX Venture: SSP, OTCQX: SSPXF) (“Sandspring”, or the “Company”) is pleased to announce.

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      Sandspring Resources Ltd. (TSX-V: SSP, OTCQX: SSPXF) (the “Company”) is pleased to announce that due to strong investor interest, the Board of Directors of the Company has approved an increase in the amount of its non-brokered private placement. Completion of the private placement remains subject to the approval of the TSX Venture Exchange.  All securities issued in connection with the private placement will be subject to a four-month-and-one-day statutory hold period.

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