White Gold Corp. Closes Second and Final Tranche of $5.25M Upsized Private Placement

2025-01-03 09:21:00

TORONTO, Jan. 03, 2025 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce the closing of the second and final tranche of a non-brokered private placement, previously announced on December 5, 2024, for aggregate gross proceeds of approximately $250,000 consisting of the sale of 1,136,364 common shares at a price of C$0.22 per common share (each an “HD Share”) (the "Offering”). Combined with the closing of the first tranche of the Offering completed on December 23, 2024, in total the Offering raised gross proceeds of $5.25 million (see the Company's news release dated December 23, 2024).

White Gold Corp. Announces Upsize to Private Placement

2024-12-19 12:57:00

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce, further to the previously non-announced non-brokered private placement (see Company news release dated December 5, 2024 on SEDAR+), its intention to increase the size of its previously announced non-brokered private placement from $4,500,000 up to approximately $5,250,000 (the “Offering”).

White Gold Corp. Announces $4.5 Million Private Placement

2024-12-05 16:31:00

TORONTO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the “Company”) is pleased to announce a non-brokered private placement for gross proceeds of $4,500,000 consisting of the sale of a combination of : (i) common shares in the capital of the Company (“Common Shares”) that qualify as “flow-through shares” within the meaning of the Income Tax Act (Canada) (the “Tax Act”) at a price of C$0.26 per share (each an “FT Share”); (ii) FT Shares that will also qualify for the federal 30% Critical Mineral Exploration Tax Credit at a price of $0.27 per share (each a “CFT Share”); and (iii) Common Shares a price of C$0.22 per share (each an “HD Share”) (the “Offering”).

White Gold Corp. Explores Creating New Critical Minerals Entity Portfolio to Include its Copper, Molybdenum, Tungsten, Antimony & Other Prospective Critical Mineral Targets

2024-11-28 09:15:00

TORONTO, Nov. 28, 2024 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to provide an overview and strategy update on its critical minerals portfolio including copper, molybdenum, tungsten, antimony, zinc, bismuth and other critical mineral targets on its district scale land package in the White Gold District (the “District”) located in west-central Yukon, Canada. The Company's ongoing gold exploration program has been very successful in delineating significant gold resources and discovering multiple additional prospective gold targets. Our systematic and extensive exploration in the District has also identified numerous critical mineral opportunities. The Company is currently evaluating accretive strategies to advance these projects to unlock further value for all stakeholders. Additional information and exploration results on priority critical mineral targets are outlined below.

White Gold Corp. Announces Significant Increase in Mineral Resources to 1,203,000 oz Gold Indicated and 1,116,600 oz Gold Inferred at the White Gold Project, Yukon, Canada

2024-11-19 07:00:00

TORONTO, Nov. 19, 2024 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce an updated Mineral Resource Estimate (“MRE”) for its flagship White Gold project located approximately 95 km south of Dawson City in west-central Yukon, Canada. The updated mineral resource includes a significant increase in total gold ounces, including a 18.5% increase in inferred resources and an 4.3% increase in indicated resources. The White Gold project now comprises 1,203,000 ounces of gold in the Indicated Resource category (17.7 million tonnes averaging 2.12 g/t Au) and 1,116,600 ounces of gold in the Inferred Resource category (24.5 million tonnes averaging 1.42 g/t Au) at US$2,000/oz gold. The gold resources at the White Gold Project are near surface, almost entirely captured within an open pit, and remain open for expansion in multiple directions with additional opportunities to increase total resources via targets within close proximity. Additional increases to the size of the resource may also be possible through an ongoing analysis of the resource block model and by capturing additional ounces hosted within the Target for Further Exploration area which hosts an additional estimated 10 – 12 million tonnes grading between 1 – 2 g/t Au. These results form part of the Company's work program supported by strategic partners including Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corporation (TSX: K, NYSE: KGC).