Scotgold Resources Ltd said it could appoint administrators over the coming days after a prospective investor withdrew from financing discussions for the Cononish gold-silver mine. The Australian company, which last week put some of its staff on unpaid leave, also faces action from an unnamed creditor. In a statement today, Scotgold said: “The company has […]
Tag: investors
Power Metal targets additional investors with OTC listing
Power Metal Resources plc aims to attract American investors by applying for an OTC listing in the USA. EXPLORATION The company which today also reported an increase of audited shareholder’s equity of £10.2 million as at 30 September 2022 to an unaudited figure of £15.5m as at 30 June 2023. Over the same period, the company’s […]
Galantas lists on OTCQX to attract US investors
Galantas Gold Corporation announced that its common shares have qualified to trade on the OTCQX® Best Market (OTCQX) for its operations at Cavanacaw mine in Omagh. US INVESTORS The Canadian company’s chief executive and director Mario Stifano said that the OTCQX listing in the United States marked an important milestone for the company. “Our decision to cross-trade […]