Goldinvest Consulting GmbH · ISIN: CA5109151012 · EQS - Company News

Forward sale of 7,000 oz of gold to fully fund Imwelo mine!

Lake Victoria Gold Ltd. (TSX-V: LVG; FRA: E1K) intends to fully fund the approximately US$12 million of capital expenditures required to bring the Imwelo mine in Tanzania into production by delivering 7,000 ounces of physical gold from future gold production. As the company announced today, a non-binding term sheet for a prepaid forward agreement (the “PPF”) was signed with Monetary Metals & Co. on November 30, 2024. The non-dilutive financing is structured to secure the essential resources ...

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03 December 2024 03:16PM
Forward sale of 7,000 oz of gold to fully fund Imwelo mine!
CA5109151012
Lake Victoria Gold Ltd. (TSX-V: LVG; FRA: E1K) intends to fully fund the approximately US$12 million of capital expenditures required to bring the Imwelo mine in Tanzania into production by delivering 7,000 ounces of physical gold from future gold production. As the company announced today, a non-binding term sheet for a prepaid forward agreement (...
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07 November 2024 03:01PM
Tanzanian Mining Commission Approves Transfer of Mining License to Canadian Gold Company!
CA5109151012
With effect from October 30, 2024, the Tanzanian Mining Commission has approved the transfer of the Imwelo Mining License (“ML”) to Tembo Gold Tanzania Limited, a wholly-owned subsidiary of Lake Victoria Gold Ltd. (TSX-V: LVG; FRA: E1K). Concurrent with the transfer, the authorities have extended the license by 10 years to 2035. With the transfer o...
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28 June 2024 07:03AM
Lake Victoria Gold clears key hurdle in transfer of Imwelo mining licence
CA5109151012
Next stage of investment triggered!Lake Victoria Gold (TSX-V:LVG; FRA: E1K) has cleared a key formal hurdle in its acquisition of the advanced stage Imwelo Gold Project in Tanzania. The Company announces that the Tanzania Revenue Authority (“TRA”) has finally issued the due tax assessment notice for the acquisition of the Imwelo Mining Licence (“ML...
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