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Desert Gold Ventures Inc. (V:DAU)

Business Focus: Gold Mining

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for DAU within the last 6 months
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Company News

Aug 28, 2019 08:00 ET
Desert Gold Acquires Strategic Land Package from Altus Strategies PLC
Delta, British Columbia--(Newsfile Corp. - August 28, 2019) -  Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company")  is pleased to announce that the Company has entered into an agreement (the "Agreement") with AIM and TSXV co-listed Altus Strategies PLC ("Altus"), to acquire Altus' Sebessounkoto Sud and Djelimangara gold projects ("Project") which are contiguous to the Company's Senegal Mali Shear Zone Project located in western Mali.
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Aug 22, 2019 08:00 ET
Desert Gold Completes Acquisition of Ashanti Gold Corp.
Delta, British Columbia--(Newsfile Corp. - August 22, 2019) - DESERT GOLD VENTURES INC. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or the "Company") is pleased to announce it has closed its business combination with Ashanti Gold Corp ("Ashanti"). Each shareholder of Ashanti will receive 0.2857 Desert Gold shares for each Ashanti share held. Approximately 21,097,657 Desert Gold Shares were issued to Ashanti shareholders. Ashanti continues as a wholly owned subsidiary of the Company. Ashanti shareholders will receive their Desert Gold shares on a push out basis.
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Valuation Ratios

Price to Sales - TTM
Price to Book - most recent quarter
Price to Cash Flow per share - TTM
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Short Report

DateNumber of Shares ShortedNet Change
Aug 31, 201948,50123,501
Aug 15, 201925,000-9,000
Jul 31, 201934,0000
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Business Summary

Sector:  Basic Materials Industry:  Gold

Desert Gold Ventures Inc. is an exploration-stage company. The Company is engaged in the acquisition, exploration and development of mineral resource properties. It holds the Farabantourou exploration and Djimbala permits, through its subsidiary, TransAfrika Mali S.A., located in Mali. The Farabantourou project is located approximately 50 kilometers south of Sadiola and Yatela and is proximal to the SenegalMali shear zone, which hosts the mines Loulo, Sadiola and Yatela, among others. Djimbala is located approximately 220 kilometers south of Bamako and covers an area approximately 120 square kilometers. The Djimbala permit is west of the town of Yanfolila and is surrounded by a number of active gold prospecting permits with gold mineralization. Segala ouest project is located approximately five kilometers north-west of Endeavour's Tabakoto mine. Its subsidiaries include TransAfrika Rwanda Gold S.A.R.L., TransAfrika Mali S.A. and GoldBanks Nevada Ventures Inc.

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