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KGL Resources Ltd. (V:KGL)

Business Focus: Gold (NEC)

Jul 11, 2022 04:01 pm ET
KGL Resources Announces Transfer of Listing to NEX/ Amendments to Option Plan
Toronto, Ontario--(Newsfile Corp. - July 11, 2022) - KGL Resources Ltd. (TSXV: KGL) ("KGL" or the "Company") announced today that it has been advised by the TSX Venture Exchange that its listing will be transferred to the NEX Board of the TSX Venture Exchange ("Exchange") effective as of the opening of trading on Tuesday, July 12, 2022. The Company previously announced that its listing was being reviewed by the Exchange as a result of the Company not meeting the Exchange's continued listing requirements and the transfer was made for this reason. The NEX is a separate trading board of the Exchange which provides a trading forum for companies that have fallen below the Exchange's ongoing listing standards.
Jun 22, 2022 09:32 pm ET
KGL Resources Completes Share Settlement
Toronto, Ontario--(Newsfile Corp. - June 22, 2022) - KGL Resources Ltd. (TSXV: KGL) ("KGL" or the "Company") announced today that it has completed its previously announced share settlement transaction with former directors and officers, extinguishing all claims of such persons in consideration for the issuance of an aggregate of 1,420,000 common shares of the Company (reduced from the previously announced total of 1,500,000 common shares by agreement with one of the parties). The share settlement was approved by disinterested shareholders at the Company's annual and special shareholders' meeting held on June 20, 2022. All shares issued pursuant to the share settlement are subject to a 4-month hold period expiring October 22, 2022.
Apr 21, 2022 04:56 pm ET
KGL Resources Announces Debt Settlement, Change in Directors and Notice from TSX Venture Exchange
Toronto, Ontario--(Newsfile Corp. - April 21, 2022) - KGL Resources Ltd. (TSXV: KGL) ("KGL" or the "Company") announced today that it has entered into releases and settlement agreements with former directors and officers to settle indebtedness claimed to be owing to such persons aggregating approximately $946,000 and to release the Company from all other claims. Subject to regulatory approval, it is proposed that an aggregate of 1,500,000 common shares be issued in connection with the settlements at a deemed price of $0.14 per share. All shares issued pursuant to the debt settlements will be subject to a 4 month hold period.
Mar 02, 2022 07:06 pm ET
KGL Resources Announces Grant of Stock Options
KGL Resources Ltd. (“KGL” or the “Company”) (TSX VENTURE: KGL) announced today that, subject to regulatory approval, it has granted stock options to acquire an aggregate of 824,000 common shares to directors and officers of the Company under its...
Mar 15, 2021 07:00 am ET
Kilo Goldmines Announces Name Change and Consolidation
Kilo Goldmines Ltd. (“Kilo” or the “Company”) (TSX VENTURE: KGL) announced today that the Company has changed its name to “KGL Resources Ltd.” (the “Name Change”) and consolidated its issued and outstanding common shares on the basis of one (1) new...
Jun 11, 2020 05:00 pm ET
Kilo Goldmines Announces Management Changes
Kilo Goldmines Ltd. (“Kilo” or the “Company”) (TSX VENTURE: KGL) announced that Mr. Donat Madilo, a current director, has been appointed as Interim Chief Executive Officer, Chief Financial Officer and Secretary of the Company, replacing Mr. Philip...
Mar 17, 2020 05:37 pm ET
Kilo Goldmines Announces Election of New Directors
Kilo Goldmines Ltd. (“Kilo” or the “Company”) (TSX VENTURE: KGL) announced that, subject to regulatory approval, Mr. Donat Madilo and Mr. Michael Cooper were elected to the board of directors of the Company at the annual and special meeting of...
Sep 27, 2019 04:30 pm ET
Kilo Goldmines Announces Completion of Consensual Realization Against Assets
Kilo Goldmines Ltd. (“Kilo” or the “Company”) (TSX VENTURE: KGL) announced today that, further to the Company’s press release dated September 12, 2019, the consensual realization transaction with former subsidiary, Kilo Goldmines Inc. (“Kilo...
Sep 12, 2019 08:23 pm ET
Kilo Goldmines Announces Consensual Realization Against Assets
Kilo Goldmines Ltd. (“Kilo” or the “Company”) (TSX VENTURE: KGL) announced today that it and direct subsidiary, Kilo Goldmines Inc. (“Kilo Inc.”, and together with Kilo, the “Borrowers”) have entered into an agreement (the “Agreement”) with...
Aug 14, 2019 07:00 pm ET
Kilo Goldmines Provides Update
The board of directors of Kilo Goldmines Ltd. (“Kilo” or the “Company”) (TSX VENTURE: KGL) wishes to provide shareholders and other market participants with an update on its business plans, operations, and financial condition. Secured Credit...
Mar 11, 2019 04:23 pm ET
Kilo Goldmines Announces Director Resignation
Kilo Goldmines Ltd. (“Kilo” or the “Company”) (TSX VENTURE: KGL) announced today that Mr. John Welborn has resigned as a director of the Company. On behalf of the Board, the Chairman, Mr. David Netherway, expressed his thanks to Mr. Welborn for his...
Dec 21, 2018 04:44 pm ET
Kilo Goldmines Receives Final Draw under Credit Facility
Kilo Goldmines Ltd. (“Kilo” or the “Company”) (TSX VENTURE: KGL) is pleased to announce that it has received the final draw down of A$250,000 under its previously announced A$750,000 secured term credit facility from major shareholder Resolute...
Aug 07, 2018 05:00 pm ET
Kilo Goldmines Announces Credit Facility from Major Shareholder
Kilo Goldmines Ltd. (“Kilo” or the “Company”) (TSX VENTURE: KGL) announced today that it and its direct subsidiary, Kilo Goldmines Inc. (“Kilo Inc.”, and together with Kilo, the “Borrowers”), have entered into a loan agreement for a A$750,000...
Jan 18, 2018 04:30 pm ET
Kilo Goldmines Adopts Amendment to By-laws Requiring Advance Notice of Nomination of Directors
TORONTO, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Kilo Goldmines Ltd. ("Kilo" or “KGL” or the "Company") (TSX VENTURE:KGL) (FRANKFURT:02K) announced today that, subject to regulatory approval, it has adopted an amendment to its by-laws, similar to by-law amendments...
Jul 17, 2017 08:30 am ET
Kilo Goldmines Announces Drilling Results: Adumbi Extended Down Dip
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) is pleased to provide the results of its completed drill programme to test the down dip extension at the Adumbi Prospect, as well as an update on regional exploration activities on its Imbo Licence (PE9691) falling within the Ngayu greenstone belt in the north-eastern Democratic Republic of Congo ("DRC").
Jul 17, 2017 08:28 am ET
Kilo Goldmines Announces Drilling Results: Adumbi Extended Down Dip
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) is pleased to provide the results of its completed drill programme to test the down dip extension at the Adumbi Prospect, as well as an update on regional...
May 04, 2017 08:30 am ET
Kilo Goldmines Announces Update on Drill and Exploration Program
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) is pleased to provide an update on the exploration program on its Imbo Licence (PE9691) within the Ngayu greenstone belt in the northeastern Democratic Republic of Congo ("DRC").
May 04, 2017 08:28 am ET
Kilo Goldmines Announces Update on Drill and Exploration Program
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) is pleased to provide an update on the exploration program on its Imbo Licence (PE9691) within the Ngayu greenstone belt in the northeastern Democratic Republic...
Mar 16, 2017 04:19 pm ET
Kilo Goldmines Announces Appointment to the Board of Directors
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) is pleased to announce the appointment of Mr. John Welborn to the Board of Directors, subject to regulatory approval.  Mr. Welborn is the Managing...
Mar 16, 2017 04:19 pm ET
Kilo Goldmines Announces Appointment to the Board of Directors
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) is pleased to announce the appointment of Mr. John Welborn to the Board of Directors, subject to regulatory approval.
Mar 14, 2017 08:00 am ET
Kilo Goldmines Announces Exploration Update
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) is pleased to provide an update on the exploration program on its Imbo Licence (PE9691) within the Ngayu greenstone belt in the northeastern Democratic Republic of Congo ("DRC").
Mar 14, 2017 07:58 am ET
Kilo Goldmines Announces Exploration Update
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) is pleased to provide an update on the exploration program on its Imbo Licence (PE9691) within the Ngayu greenstone belt in the northeastern Democratic Republic...
Jan 30, 2017 03:08 pm ET
Kilo Goldmines Announces Exploration Update and Grant of Stock Options
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) is pleased to provide an update on its exploration program on its Imbo Licence (PE9691) within the Ngayu greenstone belt in the northeastern Democratic Republic...
Jan 30, 2017 03:08 pm ET
Kilo Goldmines Announces Exploration Update and Grant of Stock Options
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) is pleased to provide an update on its exploration program on its Imbo Licence (PE9691) within the Ngayu greenstone belt in the northeastern Democratic Republic of the Congo ("DRC").
Nov 02, 2016 03:38 pm ET
Kilo Goldmines Commences 8,900 Metre Diamond Drilling Program
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) is pleased to announce the commencement of a 63 hole diamond drilling program totalling 8,900 metres on the Imbo Licence (PE9691) in the northeastern Democratic...
Nov 02, 2016 03:38 pm ET
Kilo Goldmines Commences 8,900 Metre Diamond Drilling Program
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) is pleased to announce the commencement of a 63 hole diamond drilling program totalling 8,900 metres on the Imbo Licence (PE9691) in the northeastern Democratic Republic of Congo ("DRC").
Oct 27, 2016 11:57 am ET
Kilo Goldmines Announces New Significant Shareholder and Operational Update
Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) has been advised that Resolute (Treasury) Pty Ltd. ("Resolute"), a wholly-owned subsidiary of Resolute Mining Limited,(RSG-ASX) has acquired all common shares of Kilo previously owned by Osisko Mining Inc. ("Osisko"). Based on public filings, Resolute now owns 46,568,000 common shares, representing approximately 27.4% of the outstanding common shares, and warrants to acquire a further 24,700,000 common shares. Assuming the exercise of all warrants by Resolute, Resolute
Oct 27, 2016 11:57 am ET
Kilo Goldmines Announces New Significant Shareholder and Operational Update
Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) has been advised that Resolute (Treasury) Pty Ltd. ("Resolute"), a wholly-owned subsidiary of Resolute Mining Limited,(RSG-ASX) has acquired all common shares of...
Aug 25, 2016 05:35 pm ET
Kilo Goldmines Announces Completion of Private Placement
Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) announced today that it has completed the final tranche of its previously announced non-brokered private placement of equity units ("Units") raising additional gross proceeds...
Aug 25, 2016 05:35 pm ET
Kilo Goldmines Announces Completion of Private Placement
Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) announced today that it has completed the final tranche of its previously announced non-brokered private placement of equity units ("Units") raising additional gross proceeds of $9,070,000 (for $10.0 million in total proceeds from both tranches). An additional $2.5 million placement to the previously announced amount was added on the same terms due to significant demand for the offering.
Aug 15, 2016 12:12 pm ET
Kilo Comments on Recent Trading Activity
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) has been requested by the Investment Industry Regulatory...
Jul 27, 2016 03:59 pm ET
Kilo Goldmines Announces Private Placement and Closing of First Tranche
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL) (FRANKFURT:02K) announced today that it is proceeding with a non-brokered...
Jul 14, 2016 08:12 am ET
Kilo Goldmines Announces Favourable Court Ruling Regarding Title to Isiro Properties
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) announced that the Democratic Republic of Congo ("DRC") Court of Commerce has dismissed an action initiated in 2014 by LA SOCIETE MINIERE DE L'ITURI SPRL...
Jul 14, 2016 08:12 am ET
Kilo Goldmines Announces Favourable Court Ruling Regarding Title to Isiro Properties
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) announced that the Democratic Republic of Congo ("DRC") Court of Commerce has dismissed an action initiated in 2014 by LA SOCIETE MINIERE DE L'ITURI SPRL claiming title to Kilo's Isiro properties located in north-eastern DRC. The Isiro properties have been the subject of a joint venture since December 2012 (see below), and further information on the properties and joint venture may be found on the Company's website, (www.Kilogoldmines.com) and under the Company's
Mar 16, 2016 09:05 pm ET
Kilo Goldmines Announces Grant of Stock Options
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) announced today that, subject to regulatory approval, it has granted stock options to acquire an aggregate of 1,980,000 common shares to directors, officers, consultants and contractors of Kilo and its DRC subsidiaries under its Employee Stock Option Plan. Each option is exercisable for a ten year period to acquire one common share at a price of $0.09 per share. The options granted are not subject to vesting restrictions.
Mar 10, 2016 12:08 pm ET
IIROC Trading Resumption - KGL, KGL.WT
VANCOUVER, March 10, 2016 /CNW/ - Trading resumes in:
Mar 10, 2016 12:00 pm ET
Kilo Goldmines Shareholders Vote Against Somituri Joint Venture
Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) announced that shareholders of the Company, at the annual and special meeting of shareholders held in Toronto earlier today, did not approve by the required majority the previously announced proposed joint venture with Randgold Resources (DRC) Limited in respect of the Company's Somituri gold project in northeast Democratic Republic of Congo. Accordingly, the proposed joint venture will not be proceeding and the Company will pursue other means to advance the project. All
Mar 10, 2016 11:09 am ET
IIROC Trading Halt - KGL, KGL.WT
VANCOUVER, March 10, 2016 /CNW/ - The following issues have been halted by IIROC: