Lake Victoria Gold Signs Term Sheet for up to 7,000 Ounces Gold Pre-Pay Forward Purchase Facility
Lake Victoria Gold (TSXV: LVG) is pleased to announce that on November 30th 2024 a non-binding term sheet was signed with Monetary Metals & Co. for a pre-paid forward arrangement. The PPF includes a forward purchase of 7,000 ounces of gold to support the start-up and ongoing development of the Imwelo Mine in Tanzania.
Lake Victoria Gold Announces Completion of 10-Year Renewal and Transfer of Imwelo Mining License
Lake Victoria Gold (TSXV: LVG) is pleased to announce that the Tanzanian Mining Commission has officially completed the 10-year renewal and authorization to transfer the Imwelo Mining License (“ML”) to LVG, indirectly through its wholly-owned subsidiary Tembo Gold Tanzania Limited.
Lake Victoria Gold Announces Extension to Non-Brokered Private Placement of Convertible Debentures
September 27, 2024, Vancouver, BC – Lake Victoria Gold Ltd. (TSXV:LVG) (“LVG”, or the “Company”) – announces that it is extending the closing of its non-brokered private placement previously announced on July 15, 2024 and August 28, 2024 (the “Private Placement”) of unsecured convertible debentures (each, a “Debenture”) for aggregate gross proceeds to the Company of up to $1,000,000.
Lake Victoria Gold Update on Exploration of Licences Adjacent to the Tembo Project Acquired by Barrick
Vancouver, British Columbia – September 10, 2024 – Lake Victoria Gold (TSXV: LVG) (“LVG”, or the “Company”) is pleased to provide an update on the Q1 and Q2 2024 exploration activities conducted by Bulyanhulu Gold Mine Limited (“Buly”), a partnership between Barrick Gold Corporation (“Barrick”) and the Government of Tanzania, on the licenses LVG sold to Buly in 2022.
Lake Victoria Gold Announces Submission of Final Documentation for 10-Year Renewal and Transfer of Imwelo Mining License
Vancouver, British Columbia – September 4, 2024 – Lake Victoria Gold (TSXV: LVG) (“LVG”, or the “Company”) is pleased to announce that all required documentation has been successfully submitted to the Tanzanian Mining Commission for both the 10-year renewal of the Imwelo Mining License (“ML”) and the transfer of the mining license to LVG.
Lake Victoria Gold Announces Extension to Non-brokered Private Placement of Convertible Debentures
Lake Victoria Gold announces that it is extending the closing of its non-brokered private placement previously announced on July 15, 2024 of unsecured convertible debentures for aggregate gross proceeds to the Company of up to $1,000,000.
Lake Victoria Gold Announces Second Tranche Closing and Increase in Size of Its Non-Brokered Private Placement of Convertible Debentures
August 8, 2024 – Lake Victoria Gold is pleased to announce that it has closed the second tranche of its non-brokered private placement announced on July 15, 2024 of unsecured convertible debentures for gross proceeds to the Company of $187,000.
Lake Victoria Gold Announces 10-Year Renewal of Imwelo Mining License
August 7, 2024 – Lake Victoria Gold Ltd. (TSXV: LVG) (“LVG”, or the “Company”) – is pleased to announce that Tanzoz Minerals Ltd.’s (“TML”) application to the Tanzanian Mining Commission for a 10-year renewal of the Imwelo Mining License (“ML”) has been accepted subject to certain conditions.
Lake Victoria Gold Announces First Tranche Closing of Its Non-Brokered Private Placement of Convertible Debentures
July 26, 2024 – Vancouver, British Columbia — Lake Victoria Gold Ltd. (TSXV: LVG) (“LVG”, or the “Company”) – is pleased to announce that it has closed the first tranche of its non-brokered private placement announced on July 15, 2024 of unsecured convertible debentures for gross proceeds to the Company of $563,000.
Lake Victoria Gold Announces Receipt of Tax Clearance Certificate for Imwelo Project Acquisition
July 18, 2024, Vancouver, BC – Lake Victoria Gold Ltd. (TSXV:LVG) (“LVG”, or the “Company”) – is pleased to announce that it has received the Tax Clearance Certificate from the Tanzanian Revenue Authority (“TRA”) for the acquisition of the Imwelo Mining License.
Lake Victoria Gold Announces Non-Brokered Private Placement of Convertible Debentures
Vancouver, British Columbia – July 15, 2024 – Lake Victoria Gold Ltd. (TSXV: LVG) (“LVG”, or the “Company”) – is pleased to announce that it intends to complete a non-brokered private placement (the “Private Placement”) of unsecured convertible debentures (each, a “Debenture”) to raise gross proceeds to the Company of up to $750,000.
Lake Victoria Gold Provides Update on Acquisition of Imwelo Project
Vancouver, British Columbia – June 27, 2024 – Lake Victoria Gold (TSXV: LVG) (“LVG”, or the “Company”) – is pleased to report that it has received the tax assessment from the Tanzanian Revenue Authority (“TRA”) on the taxes to be paid on the acquisition of the Imwelo Mining license (the “ML”).
Lake Victoria Gold Provides a General Corporate Update
Vancouver, British Columbia – May 8, 2024 – Lake Victoria Gold (TSXV: LVG) (“LVG”, or the “Company”) — is pleased to provide an update and report on the progress of corporate and technical developments.
Lake Victoria Gold Announces the Approval by the Tanzanian Fair Competition Commission of the Imwelo Mining Licence Acquisition
Vancouver, British Columbia – March 12, 2024 – Lake Victoria Gold Ltd. (TSXV: LVG) (“LVG”, or the “Company”)is pleased to announce a significant step forward in the Company’s subsidiary Tembo Gold (T) Ltd’s (TGTL) acquisition of the Imwelo mining licence from Tanzoz Minerals Limited announced on August 10, 2023 with the Tanzanian Fair Competition Commission approval granted on February 29, 2024.
Lake Victoria Gold Announces Results of Annual General Meeting
Vancouver, British Columbia – February 8, 2024 – Lake Victoria Gold Limited. (TSXV: LVG) (“LVG”, or the “Company”) — is pleased to report that at the annual general meeting of shareholders of the Company (the “Meeting”) held on February 7, 2024, the shareholders elected incumbent directors Marc Cernovitch, Simon Benstead, David Scott, Frank Högel and Seth Dickinson to the Board.
Lake Victoria Gold Provides an Update on the Imwelo Gold Project Acquisition
Vancouver, British Columbia -January 18, 2024 – Lake Victoria Gold Limited. (TSXV: LVG) (“LVG”, or the “Company”) – is pleased to announced progress on the acquisition of the Imwelo Project mining licence from Tanzoz Minerals Limited in Tanzania (the “Acquisition”). Under the terms of the acquisition agreement, LVG’s subsidiary Tembo Gold Tanzania Limited (TGTL) is acquiring the Imwelo mining licence ML538 (the Imwelo Project), which is planned for gold production within 12 months.