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Algold Resources Ltd

ALG.V

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As of on the TSX Venture Exchange ∙ Minimum 15 minute delay

Latest Developments

Algold Appoints Benoit La Salle As CEO

March 21 (Reuters) - Algold Resources Ltd <ALG.V>::ALGOLD APPOINTS BENOIT LA SALLE AS CHIEF EXECUTIVE OFFICER.SAYS LA SALLE TO CONTINUE TO SERVE AS CHAIRMAN OF BOARD OF ALGOLD​.

Algold Resources signs deal with with Wafa Mining & Petroleum

July 13 (Reuters) - Algold Resources Ltd <ALG.V>::Algold signs a strategic partnership with Wafa Mining & Petroleum and completes a $3.7m private placement.Algold-Wafa agreed to complete private placement of units of co, under which it will subscribe for 10% of outstanding total common shares of co, at $0.20/unit.Algold Resources Ltd - upon closing of private placement wafa will have right to nominate one member to Algold's board.Algold - net proceeds from private placement offering to be used to carry out exploration drilling on Algold Mauritanian properties.

Algold increases equity offering to $6.4 million

Algold Resources Ltd <ALG.V> : Algold increases equity offering to $6.4 million .Under amended terms, Beacon Securities Limited shall purchase 32 million units.

Algold announces $4 mln bought deal offering

Algold Resources Ltd <ALG.V>: Algold announces $4 million bought deal offering . Algold resources ltd says proceeds from offering will be used to carry out exploration drilling at company's mineral properties .Algold resources ltd - underwriters shall purchase 20 million units in capital of corporation on a bought deal basis at a price of $0.20 per unit.

Algold Resources announces $3 mln bought deal offering

Algold Resources Ltd <ALG.V> : Algold announces $3 million bought deal offering . Says underwriters shall purchase 10 million units in capital of corporation on a bought deal basis .Says offering priced at c$0.30 per unit.

Algold announces $3 million bought deal offering

Algold Resources Ltd <ALG.V> : Algold announces $3 million bought deal offering . Says offering priced at C$0.30per share .Says underwriters shall purchase 10 million units in capital of corporation on a bought deal basis.

Algold Resources Ltd announces up to C$3 million overnight marketed private placement financing

Algold Resources Ltd:Says up to C$3 million overnight marketed private placement financing.Says offering is led by Beacon Securities Limited and including Paradigm Capital Inc.Net proceeds from Offering are intended to be used to advance the Kneivissat and Legouessi properties for working capital and general corporate purposes.Closing of this equity offering is expected to occur on or the week of May 25.

Algold Resources Ltd concludes acquisition of First Uranium Corp

Algold Resources Ltd and First Uranium Corp:Says on Dec. 19, Algold completed the plan of arrangement between First Uranium Corp and Algold and effective Dec. 20.Says it has acquired all of the issued and outstanding units of FIU.Says FIU shareholders will receive 0.0729849 of an Algold share for each FIU unit held.Says In addition, for every full Algold share issued to an FIU shareholder, such holder will receive ½ of one Algold common share purchase warrant (the Algold Warrants).Says each full Algold warrant entitles the holder thereof to purchase one Algold share at a price of $0.20 per Algold share at any time for a period of eighteen months following the issuance of the Algold Warrants.

Algold Resources Ltd Announces Friendly Acquisition Of First Uranium Corporation

Algold Resources Ltd and First Uranium Corporation (FIU)announced that they entered into a definitive agreement (the Agreement) pursuant to which Algold will acquire, by way of a court-approved plan of arrangement, all of the issued and outstanding units (FIU Units) of FIU (the Transaction). Pursuant to the terms of the Agreement, FIU shareholders will receive 0.0729849 of an Algold share for each FIU Unit held, implying an offer of approximately CAD0.011 per unit based on the closing price of Algold’s shares on the TSX Venture Exchange on October 25, 2013. In addition, for every full Algold share issued to an FIU shareholder, such holder will receive ½ of one Algold common share purchase warrant (the Algold Warrants). Each full Algold Warrant entitles the holder thereof to purchase one Algold share at a price of $0.20 per Algold share at any time for a period of eighteen months following the issuance of the Algold Warrants. Pro forma the Transaction, FIU shareholders will own approximately 52% of Algold (based on fully diluted in the-money shares outstanding). Approximately 33,465,671 common shares of Algold are expected to be outstanding upon closing, subject to any adjustments pursuant to the terms of the Agreement. The board of directors of FIU has unanimously approved the transaction and will recommend that shareholders vote in favour of the transaction.

Algold Resources Ltd's Subsidiary Enters Into Joint Venture Agreements In Mauritania

Algold Resources Ltd announced that its wholly owned subsidiary, Kanosak Barbados Inc, has entered into an earn-in agreement with Caracal Gold with respect to a property adjacent to its Kneivissat 2 license in northwestern Mauritania. Algold can earn up to a 90% interest in the Legouessi exploration permit. The Legouessi permit is located about 40 km north of the Tasiast Mine (+10 Moz Au, Kinross) and straddles Algold Kneivissat Exploration License to the west. The property is situated within the Achaean Aeoudat greenstone belt, the bedrock geology of which is similar to the geology observed at Tasiast.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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