Key Developments: Vangold Resources Ltd (VAN.V)

VAN.V on TSX Venture Exchange

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15 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Vangold Resources Ltd Announces Resignation Of John Robins As Chairman
Sunday, 14 Apr 2013 08:00pm EDT 

Vangold Resources Ltd announced that John Robins (Chairman) and Robert Chenery are resigning from the Company's Board of Directors.  Full Article

Vangold Resources Ltd Arranges $1.2 Million Private Placement-Canada Stockwatch News
Friday, 18 Jan 2013 04:20pm EST 

Canada Stockwatch News reported that Vangold Resources Ltd. has entered into agreements to complete a private placement of 6,000,000 units at 20 cents each for proceeds of $1.2-million. Each unit will consist of one common share and one-half of a share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share of the Company at a price of 30 cents each for a period of two years. Upon closing, and subject to exchange approval, the Company may pay a finder's fee of up to 7% of the gross proceeds of the transaction. Such fees shall be payable in cash or common shares of the Company at a deemed price of 20 cents each, or a combination thereof. Proceeds will be used to advance the Company's three Papua New Guinea gold projects, and Armenia oil and gas project, and for general working capital purposes. The common shares, warrants and warrant shares will be subject to a statutory hold period of four months and one day following the closing date.  Full Article

Vangold Resources Ltd Commences Drill Program At Its Allemata Project And Closes Financing
Tuesday, 18 Dec 2012 10:27am EST 

Vangold Resources Ltd announced that it has commenced core drilling at its Allemata Project, located in Milne Bay Province, Papua New Guinea. The current 10-hole drill program will test two prospects, Huluba and Ulo Ulo, where significant gold mineralization has been identified in earlier work programs. Holes will be drilled to up to 300m in depth and have been targeted using a combination of surface geochemistry, geophysical surveys and historic work, including previous drilling. Results from the current drill program are expected early in 2013. The Company also announced the private placement of 2,850,000 units at $0.115 per unit, each unit consisting of a share and one half of a four year share purchase warrant exercisable at $0.25 per share. The placement is slightly less than originally announced because the TSX Venture Exchange did not accept $0.115 subscriptions from persons who were not incoming directors (or companies associated with incoming directors) in accordance with private placement policies respecting "part and parcel" pricing.  Full Article

Vangold Resources Ltd Announces Change To Board
Monday, 26 Nov 2012 12:04pm EST 

Vangold Resources Ltd announced that John Robins has been appointed as Chairman of the Board and Bruce Counts has been appointed as President and a member of the Board. In addition, Michael Cooney has been appointed to the Board. In conjunction with these appointments the Company has agreed to complete a private placement of 3,525,000 units of the Company at $0.115 per unit. Each unit consists of a share and one half of a one-year share purchase warrant entitling the holder to purchase an additional share at $0.25 per share.  Full Article

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