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Tag "mgold-resources-inc"

MGold Announces Shares for Debt Transaction 0

CALGARY, ALBERTA — (Marketwire) — 02/27/13 — MGold Resources Inc. (TSX VENTURE: MNI) ("MGold" or the "Corporation") announced today that it settled outstanding indebtedness of $50,500 through the issuance of 1,010,000 common shares of the Corporation at a deemed price of $0.05 per share. The common shares issued in connection with the debt settlement are subject to a four month hold period that expires on June 27, 2013.Hugh Loney, a director of MGold, subscribed for 210

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MGold Announces Property Evaluation Results 0

CALGARY, ALBERTA — (Marketwire) — 02/21/13 — John E Squarek, President and CEO of MGold Resources Inc. ("MGold" or the "Corporation") (TSX VENTURE: MNI) is pleased to announce the completion of a third party independent engineering evaluation by the Resources Evaluation and Advisory Group of Deloitte LLP. This report covers the two proposed property acquisitions which were previously announced on November 16, 2012 and January 4, 2013. This evaluation has an effective dat

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MGold Announces Proposed Debenture Offering 0

CALGARY, ALBERTA — (Marketwire) — 01/31/13 — MGold Resources Inc. (TSX VENTURE: MNI) ("MGold" or the "Corporation") announced today its intention to complete a non-brokered private placement offering of 10% unsecured convertible debentures in the principal amount of up to $3,000,000. The debentures will bear interest at the rate of ten percent (10%) per annum, payable semi-annually and will mature on the date that is three years from the closing date. The debentures will

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MGold Announces Shares for Debt Transaction 0

CALGARY, ALBERTA — (Marketwire) — 01/21/13 — MGold Resources Inc. (TSX VENTURE: MNI) ("MGold" or the "Corporation") announced today that is settled outstanding indebtedness of $40,000 through the issuance of 800,000 common shares of the Corporation at a deemed price of $0.05 per share. The common shares issued in connection with the debt settlement are subject to a four month hold period that expires on May 15, 2013.MGold Resources Inc. is a Lethbridge, Alberta based cor

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MGold Announces Oil and Gas Project Letter of Intent 0

CALGARY, ALBERTA — (Marketwire) — 01/04/13 — MGold Resources Inc. (TSX VENTURE: MNI) ("MGold" or the "Corporation") announced today that it has signed a Letter of Intent with arm-s length third parties to purchase a 92.27% working interest in a suspended D-3 Oil Unit in central Alberta for a purchase price of $500,000. MGold expects to recomplete one of the three suspended wells in the 3rd quarter of 2013 and place it on production. MGold will be pursuing a variety of f

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MGold Resources Inc. Reports That Mr. Edward Kosowy Has Resigned as a Director and as Interim Chief Financial Officer Effective August 13, 2012 0

CALGARY, ALBERTA — (Marketwire) — 08/17/12 — MGold Resources Inc. (TSX VENTURE: MNI) reports that Mr. Edward Kosowy has resigned as a Director and as Interim Chief Financial Officer effective August 13, 2012.Contacts:
MGold Resources Inc.
Mr. John E. Squarek, P.Eng., MBA
President and Chief Executive Officer
403-388-0969

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MGold Resources Inc. Announces Officer Changes 0

CALGARY, ALBERTA — (Marketwire) — 07/06/12 — MGold Resources Inc. ("MGold" or the "Corporation) (TSX VENTURE: MNI) announced today that, following the election of the new Board of Directors of the Corporation at the annual shareholders meeting held on June 29, 2012, the directors have made the following appointments:In addition, Cassady Harraden has resigned as Vice-President, Exploration.The Corporation intends to consider additional officer appointments once the new busines

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MGold Terminates the Option Agreement for the Silver Queen and Klondyke Properties 0

MONTREAL, QUEBEC — (Marketwire) — 03/23/12 — MGold Resources Inc. ("MGold" or the "Corporation") (TSX VENTURE: MNI) announces that it has served a notice of termination of the option agreement (the "Option Agreement") previously entered into with Silver Reserve Corp. ("SRC") a wholly- owned subsidiary of Infrastructure Materials Corp. (OTCBB: IFAM)(TSX VENTURE: IFM)(TSX VENTURE: IFM.S), to acquire a 50% undivided interest in the Silver Queen and Klond

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MGold Completes Shares for Debt Settlement 0

MONTREAL, QUEBEC — (Marketwire) — 10/07/11 — MGold Resources Inc. ("MGold" or the "Corporation") (TSX VENTURE: MNI) announces that it has issued a total of 1,080,000 common shares of the Corporation (the "Common Shares") at a deemed issue price of $0.10 per Common Share to certain creditors of the Corporation in settlement for certain debts owed by the Corporation (the "Shares for Debt Settlement"). The Shares for Debt Settlement was approved for fili

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MGold Concludes an Amendment Agreement and Acquires an Additional 14.9% Interest in the Burchell Lake Property 0

MONTREAL, QUEBEC — (Marketwire) — 09/30/11 — MGold Resources Inc. ("MGold" or the "Corporation") (TSX VENTURE: MNI) is pleased to announce that it has entered into an amendment agreement (the "Amendment Agreement") with the grantors (the "Grantors") of MGold-s current 85.1% interest in the Burchell Lake property(the "Burchell Lake Property"). MGold and the Grantors are arm-s length parties. The Amendment Agreement provides for the issuance o

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