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Steppe Gold Ltd T.STGO

Alternate Symbol(s):  STPGF

Metals & Mining Industrial Metals & Minerals
Steppe Gold Ltd. is engaged in the business of precious metals and minerals exploration sector. Its project includes Altan Tsagaan Ovoo (ATO) gold and silver project, Mungu Project, Uudam Khundii UK Project, and Tres Cruces Project. The ATO Project is located in the territory of Tsagaan Ovoo soum of Dornod province in eastern Mongolia and is comprised of one mining license covering an area of 5492 hectares. The Mungu gold and silver discovery is located northeast of the ATO Project. It is a structurally controlled epithermal gold-silver system with localized bonanza grades. The Uudam Khundii property is comprised of one exploration license covering 14,397 hectares. The project area is located 800 km south-west of Ulaanbaatar. The property is located between and adjoining the Bayan Khundii gold discovery and Altan Nar epithermal gold deposits explored by Erdene Resource Development Corporation. It also owns an interest in the Tres Cruces Gold Project located in Northern Peru.


TSX:STGO - Post by User

Steppe Gold Ltd
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•••
Post by Jack79on May 24, 2021 6:53am
148 Views
Post# 33256414

Former insider warned "blown" debt issue will close the door

Former insider warned "blown" debt issue will close the door
STATEMENT REGARDING OPPOSITION TO RESOLUTION TO REMOVE LEWIS MARKS AS A DIRECTOR OF STEPPE GOLD LTD......On page 38-39, "....Mr. Marks believes that as a director he has sought to make significant contributions to the Company, particularly relating to the improvement of corporate governance.....It is unclear why the company now seeking to raise an aggregate of US$8.4 million in Debentures....it is unclear why the company needs an additional 3.4 US$ million when it had previously announced that US$5.0 million would keep Steppe fully funded into production...." .......Hah, then Steppe kicked him off and bring advisory from Chinggis khan bank, quickly elevated to the BoD. Now that Chinggis khan bank's management under investigation by IAAC (independent authority against corruption) 

What are they doing? 3 musketeers of STGO castle, CEO, CFO, VP....Falling in "LOVE" with domestic banks? 

LFMAO 



https://sec.report/otc/financial-report/272110

https://www.pressreader.com/mongolia/the-ub-post/20200821/281586652968367
 
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