Day: May 7, 2021

Stephen McGibbon has joined as the Executive Vice President of Exploration, and Ruben Wallin has joined as the Vice President of Environment, Health, Safety and Sustainability.

GoGold Resources Inc. is pleased to announce that it has closed its previously announced bought deal offering of 10,000,000 common shares, at a price of C$2.50 per Common Share for gross proceeds of C$25 million.

Stephen Orr, the Company’s Chief Executive Officer, stated: “Q1 established a strong foundation for 2021 operations. The CLG Project provided record revenue for the LGJV and the mine operated at its designed 2,500 tpd throughput for each operating day.”

Magna President and CEO Arturo Bonillas commented: “We are very pleased to be fulfilling our obligations to Argonaut. With this payment behind us we are looking forward to reaching a steady rate of production at the San Francisco Mine and strengthening our balance sheet primarily through the cash flow generated by the operations.”