Canada markets closed

Gowest Gold Ltd. (GWA.V)

TSXV - TSXV Real Time Price. Currency in CAD
Add to watchlist
0.3350+0.0100 (+3.08%)
At close: 2:33PM EST
Full screen
Previous Close0.3250
Open0.3350
Bid0.3200 x 0
Ask0.3350 x 0
Day's Range0.3350 - 0.3350
52 Week Range0.1000 - 0.5100
Volume14,069
Avg. Volume57,519
Market Cap27.531M
Beta (5Y Monthly)1.49
PE Ratio (TTM)N/A
EPS (TTM)-0.1010
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    Update on Annual Meeting of Shareholders of Gowest Gold to be Held on January 29, 2021

    TORONTO, Jan. 18, 2021 (GLOBE NEWSWIRE) -- Gowest Gold Ltd. (“Gowest” or the “Company”) (TSX VENTURE: GWA) today provided an update on its annual and special meeting of shareholders scheduled to be held on January 29, 2021 (the “Meeting”). In light of the COVID-19 pandemic and in keeping with the current Government of Ontario stay-at-home order, and in the interest of protecting the health and safety of Gowest’s shareholders, employees and the communities in which they live, we ask that shareholders refrain from attending the Meeting in person. Rather, shareholders are strongly encouraged to vote by proxy in advance of the Meeting. Only the minimum number of proxyholders and shareholders as are required to conduct the Meeting will be permitted to attend in person. The vast majority of our shareholders typically vote by proxy and we encourage shareholders to continue to vote in this manner. In order to ensure as many common shares as possible are represented at the Meeting, shareholders are encouraged to complete the instrument of proxy provided to them and follow the instructions set out therein and in the related management information circular of the Company dated December 15, 2020 (which is available on the Company’s website at www.gowestgold.com). To be effective, a proxy must be deposited with the Company’s transfer agent and registrar, TSX Trust Company, 301-100 Adelaide Street West, Toronto, Ontario, M5H 1S3 (Attention: Proxy Department), on or before 10:00 a.m. (Toronto time) on Wednesday, January 27, 2021, or at least 48 hours, excluding Saturdays, Sundays and holidays, before any adjournment or postponement of the Meeting at which the proxy is to be used. Shareholders may listen to the Meeting by live audio teleconference starting at 10:00 a.m. (Toronto time) on January 29, 2021 using the following teleconference instructions: Teleconference Number: 647-797-0071 (local) or 1-833-600-1823 (toll free in Canada)Conference Room Number: 363-541-656# (when prompted) Please note that shareholders will not be entitled to vote at, or otherwise participate in, the Meeting by way of teleconference or other electronic means. About Gowest Gowest is a Canadian gold exploration and development company focused on the development of its 100% owned Bradshaw Gold Deposit (Bradshaw), on the Frankfield Property, part of the Company’s North Timmins Gold Project (NTGP). Gowest is exploring additional gold targets on its more than 100‐square‐kilometre NTGP land package and continues to evaluate the area, which is part of the prolific Timmins, Ontario gold camp. Currently, Bradshaw contains a National Instrument 43‐101 Indicated Resource estimated at 2.1 million tonnes (“t”) grading 6.19 grams per tonne gold (g/t Au) containing 422 thousand ounces (oz) Au and an Inferred Resource of 3.6 million t grading 6.47 g/t Au containing 755 thousand oz Au. Further, based on the Pre‐Feasibility Study produced by Stantec Mining and announced on June 9, 2015, Bradshaw contains Mineral Reserves (Mineral Resources are inclusive of Mineral Reserves) in the probable category, using a 3 g/t Au cut‐off and utilizing a gold price of US$1,200 / oz, totalling 1.8 million t grading 4.82 g/t Au for 277 thousand oz Au. Qualified Person The technical information in this news release has been reviewed and approved by Yungang Wu, P.Geo., Gowest’s Senior Geologist, who is the Qualified Person for the technical information in this news release under National Instrument 43-101 standards. Forward-Looking Statements This news release may contain certain “forward looking statements.” Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. For further information please contact: Greg Romain Greg Taylor President & CEO Investor Relations Tel: (416) 363-1210 Tel: 416 605-5120 Email: info@gowestgold.com Email: gregt@gowestgold.com

  • Gowest Gold Closes Second Tranche of Private Placement of Flow-Through Units
    GlobeNewswire

    Gowest Gold Closes Second Tranche of Private Placement of Flow-Through Units

    Not for distribution to United States newswire services or for dissemination in the United StatesTORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) -- Gowest Gold Ltd. (“Gowest” or the “Company”) (TSX VENTURE: GWA) announced today that it has completed the second tranche of a private placement, on a non-brokered basis, of 333,423 flow-through units of the Company (the “FT Units”), at a price of $0.39 per FT Unit, for gross proceeds of $130,035 (the “Private Placement”). Each FT Unit comprised one common share and one-half (1/2) of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”) issued on a flow-through basis, with each Warrant being exercisable to acquire one common share of the Company at a price of $0.45 until December 31, 2022. The common shares underlying the Warrants will not be issued as flow-through shares. The first tranche of this Private Placement, which comprised 2,666,903 flow-through units of the Company on the same terms for gross proceeds of $1,040,092.17, was completed as announced on December 21, 2020.The proceeds of the Private Placement will be used by the Company for the continued development of its 100% owned Bradshaw Gold Deposit and for “Canadian exploration expenses” (within the meaning of the Income Tax Act (Canada)) in connection with the mineral exploration programs of the Company.An additional closing of the Private Placement may be completed on or prior to December 31, 2020.In connection with the Private Placement, subject to the policies of the TSX Venture Exchange and applicable securities laws, the Company paid finder’s fees in an aggregate amount of $8,802 in cash and issued compensation warrants exercisable to acquire an aggregate of 17,955 common shares of the Company, at a price of $0.39 per share, until December 31, 2022.All of the securities issuable in connection with the Private Placement will be subject to a hold period expiring four months and one day after date of issuance.The securities offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. This release does not constitute an offer for sale of securities in the United States.About GowestGowest is a Canadian gold exploration and development company focused on the delineation and development of its 100% owned Bradshaw Gold Deposit (Bradshaw), on the Frankfield Property, part of the Company’s North Timmins Gold Project (NTGP). Gowest is exploring additional gold targets on its +100‐square‐kilometre NTGP land package and continues to evaluate the area, which is part of the prolific Timmins, Ontario gold camp. Currently, Bradshaw contains a National Instrument 43‐101 Indicated Resource estimated at 2.1 million tonnes (“t”) grading 6.19 grams per tonne gold (g/t Au) containing 422 thousand ounces (oz) Au and an Inferred Resource of 3.6 million t grading 6.47 g/t Au containing 755 thousand oz Au. Further, based on the Pre‐Feasibility Study produced by Stantec Mining and announced on June 9, 2015, Bradshaw contains Mineral Reserves (Mineral Resources are inclusive of Mineral Reserves) in the probable category, using a 3 g/t Au cut‐off and utilizing a gold price of US$1,200 / oz, totaling 1.8 million t grading 4.82 g/t Au for 277 thousand oz Au.Forward-Looking StatementsThis news release may contain certain “forward looking statements.” Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.For further information please contact:Greg Romain President & CEO Tel: (416) 363-1210 Email: info@gowestgold.comGreg Taylor Investor Relations Tel: 416 605-5120 Email: gregt@gowestgold.com

  • Gowest Gold Closes First Tranche of Private Placement of Flow-Through Units
    GlobeNewswire

    Gowest Gold Closes First Tranche of Private Placement of Flow-Through Units

    Not for distribution to United States newswire services or for dissemination in the United StatesTORONTO, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Gowest Gold Ltd. (“Gowest” or the “Company”) (TSX VENTURE: GWA) announced today that it has completed the first tranche of a private placement, on a non-brokered basis, of 2,666,903 flow-through units of the Company (the “FT Units”), at a price of $0.39 per FT Unit, for gross proceeds of $1,040,092.17 (the “Private Placement”). Each FT Unit comprised one common share and one-half (1/2) of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”) issued on a flow-through basis, with each Warrant being exercisable to acquire one common share of the Company at a price of $0.45 until December 31, 2022. The common shares underlying the Warrants will not be issued as flow-through shares.The proceeds of the Private Placement will be used by the Company for the continued development of its 100% owned Bradshaw Gold Deposit and for “Canadian exploration expenses” (within the meaning of the Income Tax Act (Canada)) in connection with the mineral exploration programs of the Company.An additional closing of the Private Placement may be completed on or prior to December 31, 2020.In connection with the Private Placement, subject to the policies of the TSX Venture Exchange and applicable securities laws, the Company paid finder’s fees in an aggregate amount of $68,056 in cash and issued compensation warrants exercisable to acquire an aggregate of 128,350 common shares of the Company, at a price of $0.39 per share, until December 31, 2022.All of the securities issuable in connection with the Private Placement will be subject to a hold period expiring four months and one day after date of issuance.The securities offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. This release does not constitute an offer for sale of securities in the United States.About GowestGowest is a Canadian gold exploration and development company focused on the delineation and development of its 100% owned Bradshaw Gold Deposit (Bradshaw), on the Frankfield Property, part of the Company’s North Timmins Gold Project (NTGP). Gowest is exploring additional gold targets on its +100‐square‐kilometre NTGP land package and continues to evaluate the area, which is part of the prolific Timmins, Ontario gold camp. Currently, Bradshaw contains a National Instrument 43‐101 Indicated Resource estimated at 2.1 million tonnes (“t”) grading 6.19 grams per tonne gold (g/t Au) containing 422 thousand ounces (oz) Au and an Inferred Resource of 3.6 million t grading 6.47 g/t Au containing 755 thousand oz Au. Further, based on the Pre‐Feasibility Study produced by Stantec Mining and announced on June 9, 2015, Bradshaw contains Mineral Reserves (Mineral Resources are inclusive of Mineral Reserves) in the probable category, using a 3 g/t Au cut‐off and utilizing a gold price of US$1,200 / oz, totaling 1.8 million t grading 4.82 g/t Au for 277 thousand oz Au.Forward-Looking StatementsThis news release may contain certain “forward looking statements.” Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.For further information please contact:     Greg RomainGreg Taylor President & CEOInvestor Relations Tel: (416) 363-1210Tel: 416 605-5120 Email: info@gowestgold.comEmail: gregt@gowestgold.com