WINNIPEG, MANITOBA — (Marketwired) — 11/13/14 — San Gold Corporation (TSX: SGR) (OTCQX: SGRCF) today reported 2014 third quarter financial and operating results.During the quarter, the Company recognized a non-cash impairment charge of $71.8 million resulting in a net loss of $76.6 million for the quarter. Excluding the impairment, the net loss was $4.8 million. The reduction in the carrying value of the Company–s assets reflects changes in financial market conditions and lower gold prices
WINNIPEG, MANITOBA — (Marketwired) — 11/06/14 — San Gold Corporation (TSX: SGR)(OTCQX: SGRCF) is pleased to announce that its shareholders voted in favour of an ordinary resolution approving the issuance of certain securities of San Gold in connection with the proposed arrangement (the "Arrangement") between San Gold, Kerr Mines Inc., and 8982805 Canada Ltd. brought before them at San Gold–s special meeting of shareholders held today in Winnipeg.At the meeting, shareholders also
WINNIPEG, MANITOBA — (Marketwired) — 10/29/14 — San Gold Corporation (TSX: SGR)(OTCQX: SGRCF) announced today that its Board of Directors has accepted the resignation of Gestur Kristjansson as President and Vice-President, Finance.The company wishes to thank Mr. Kristjansson for his years of service.About San GoldSan Gold is an established Canadian gold producer, explorer, and developer that owns and operates the Hinge, 007, and Rice Lake mines near Bissett, Manitoba. San Gold is listed on
WINNIPEG, MANITOBA — (Marketwired) — 10/15/14 — San Gold Corporation (TSX: SGR) (OTCQX: SGRCF) is pleased to announce that recent drilling and ongoing development has confirmed and expanded on a new and parallel mining horizon located immediately to the north of the Rice Lake Mine. This horizon is fully accessible from current and historic Rice Lake Mine workings with present drilling and development taking place from 26 Level (1,250 metres below surface).Recent drilling and development has
WINNIPEG, MANITOBA — (Marketwired) — 10/08/14 — San Gold Corporation (TSX: SGR)(OTCQX: SGRCF) ("San Gold" or the "Company") announced today that its Board of Directors has accepted the resignation of Dale Ginn as Executive Vice President and as a Director of the Company.Mr. Ginn has been a Director since the Company acquired the Rice Lake Mine and related assets in 2005 and has held multiple senior management roles during this time, including President and CEO from its i
WINNIPEG, MANITOBA — (Marketwired) — 12/02/13 — San Gold Corporation (TSX: SGR) (OTCQX: SGRCF) ("San Gold") today announced that it has entered into a purchase and sale agreement (the "Purchase Agreement") with Canadian Arrow Mines Limited ("Canadian Arrow") providing for the purchase by San Gold of a 100% interest in 49 mineral claims (the "Mineral Claims") in the Atikwa and Turtlepond regions located northeast of Rainy River, Ontario. The Mineral Cl
WINNIPEG, MANITOBA — (Marketwired) — 11/20/13 — San Gold Corporation (TSX: SGR)(OTCQX: SGRCF) today provided updated drilling results from its underground program on 26 Level of the Rice Lake mine.Drilling results at the eastern extent of the 710 zone continue to return high grade gold values over significant widths. This newly discovered 710 HW zone is located in the hanging wall of the 710 zone and is interpreted to be the down dip extension of the 007 zone. The 710 HW zone is within 100
WINNIPEG, MANITOBA — (Marketwired) — 11/12/13 — San Gold Corporation (TSX: SGR)(OTCQX: SGRCF) today reported 2013 third quarter financial and operating results.During the quarter, the Company produced 20,220 ounces of gold with cash operating costs of $938 per ounce of gold sold. The Company recognized a loss from operations of $0.6 million, a cash contribution from operations before changes in non-cash working capital of $2.2 million, and recognized a quarterly total and comprehensive loss
WINNIPEG, MANITOBA — (Marketwired) — 11/04/13 — San Gold Corporation (TSX: SGR)(OTCQX: SGRCF) today provided updated drilling results from its underground drilling program on 26 Level of the Rice Lake Mine.Initial results, obtained from the newly established 6140 drill station located approximately 1,170 metres below surface at the eastern extent of the 710 zone, demonstrate robust grades and widths that are accessible from new 26 level development. These zones are located immediately to th
WINNIPEG, MANITOBA — (Marketwired) — 10/17/13 — San Gold Corporation (TSX: SGR)(OTCQX: SGRCF) ("San Gold") today announced that it has closed its previously announced acquisition from Cougar Minerals Corp. ("Cougar") of a 100% interest in 20 mineral claims (the "Mineral Claims") representing approximately 3,117 hectares of land in the Rice Lake gold belt. The Mineral Claims are contiguous to San Gold-s current mineral lease in the Rice Lake gold belt. San Gold
