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Amarillo Announces Non-Brokered Private Placement
Posted on Wednesday May 15, 2019
OTCQB:AGCBF), is pleased to announce that it is proposing to complete a non-brokered private placement (the “Private Placement”) of units (“Units”) at a subscription price of $0.20 per Unit for aggregate gross proceeds to the Company of up to $5,000,000. Each Unit is comprised of one common share (each, a “Common Share”) and one Common Share purchase warrant (each, a “Warrant”). Each Warrant entitles the holder to purchase one additional Common Share at an exercise price of $0.30 for a period of 24 months following the date of issue, subject to customary adjustment provisions.
Amarillo Provides Exploration Update on Lavras do Sul Project
Posted on Tuesday April 30, 2019
TORONTO, April 30, 2019 -- Amarillo Gold Corporation (“Amarillo” or the “Company”) (TSX.V:AGC; OTCQB:AGCBF) is pleased to provide an update on exploration activities at its.
Amarillo Provides Business Update and Announces 2018 Fourth Quarter and Annual Financial Results
Posted on Tuesday April 02, 2019
Milestones achieved in 2018 and subsequently: Appointed Mike Mutchler as President and CEO in Q1 2018Engaged Whittle Consulting for an Optimization Study on the Mara Rosa gold.
Amarillo Gold Corporation (“Amarillo” or the “Company”) (AGC.V) (AGCBF) is pleased to announce an updated resource model for the Posse deposit at the Mara Rosa gold project in Goias State, Brazil. This new resource model will be used for a Feasibility Study (FS) mine plan that is expected to be finalized later this year. Keith Whitehouse of Australian Exploration Field Services Ltd, (“AEFS”) estimated the new resource with three contiguous grade zones as listed in Table 1 below. Total Measured and Indicated Resource of 29M tonnes at 1.2 g/t and 1.2M Au ounces.