St. James Gold Corp. (the “Company” or “St. James”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) announced today that it is considering the acquisition of a company that holds a patent for an advanced laser technology for uranium enrichment for nuclear fuel needed by nuclear energy reactors and facilities. The target company has directors and officers, and shareholders, in common with the Company, accordingly, any acquisition would be subject to satisfying the requirements of TSX Venture Exchange Policy 5.9 Protection of Minority Security Holders in Special Transactions and Multilateral Instrument 61-101 adopted by certain Securities Commissions. The Company has appointed a special committee of independent directors to review the potential acquisition, supervise due diligence activities, retain advisors and negotiate acquisition terms.
Readers are warned that the Company is in the preliminary investigation stage of the possible acquisition and no agreement of any kind has been reached and no acquisition terms negotiated. There is no assurance an agreement will be reached for this acquisition. The Company will issue a further news release if and when a definitive agreement is reached.
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9/13/2023
St. James Arranges $560,000 Private Placement
St. James Gold Corp. will conduct a non-brokered private placement of 3.5 million units at a price of 16 cents per unit for gross proceeds of $560,000...
St. James Gold Corp. Obtains Initial Positive Results From Induced Polarization Survey On Quinn Lake Property Adjacent To Marathon’s Valentine Gold Project Being Advance To Production In Newfoundland, Canada
St. James Gold Corp. (the “Company”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce that it has received initial positive results from an Induced...
St. James Gold Corp. (Tsxv: Lord) Plans Induced Polarization Survey On Quinn Lake Property Adjacent To Marathon Gold Discoveries Being Geared For Production, Newfoundland, Canada
St. James Gold Corp. (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3), St. James Gold Corp. (the “Company”) is planning an Induced Polarization (IP) survey on the Quinn Lake property in...
Substitute Nominees To Stand For Election At The Upcoming Annual General Meeting
St. James Gold Corp. (the “Company”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce Mr. Jiang (Jay) Yu and Mr. Leigh Hughes will stand for election at the...