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Allegiant Gold Ltd V.AUAU

Alternate Symbol(s):  AUXXF

Allegiant Gold Ltd. is a Canada-based mid-stage precious metals exploration stage company. The Company’s activities are the exploration and evaluation of resource properties located in the United States of America. The Company's projects include Bolo, Eastside, Four Metals, Goldfield West, and Travertine Sinter (TS) Prospect. The Company also holds additional exploration and evaluation assets located in the United States, which are Browns Canyon and Overland Pass. The Bolo project is located approximately 60 kilometers (km) northeast of Tonopah, Nevada. The Eastside Project is located approximately 32 km west of Tonopah, Nevada. The Four Metals project is located in the Patagonia District 16 km north of Nogales, Santa Cruz County, Arizona. The Company holds a 100% interest in the Goldfield West project, which consists of 105 mineral claims, subject to a 2% royalty. The TS Prospect lies approximately 2.2 kilometers east of the eastern-most claims of the Eastside Prospect.


TSXV:AUAU - Post by User

Comment by IvanRoon Mar 05, 2024 5:29pm
55 Views
Post# 35916755

RE:OREA stock

RE:OREA stockI suppose it's easier to spread misinformation than to actually ask the Allegiant a question about their relationship with Orea Gold and Orea holdings in Allegiant. Allegiant's response below:

"Thanks for your question.
 
Allegiant Gold Ltd. is not a shareholder of Orea Mining Corp. Allegiant was spun out of Orea but did not own any shares. It's important to clarify that, while Orea was a shareholder from 2017-2020, they have not owned any shares for at least the last 3-4 years."

The only relationship that's there is that Peter Gianullis was also a Director of Orea and Orea received 20k from Allegiant in relation to some sort of Directors in common reimbursement scheme...
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