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Canadian Gold Corp V.CGC

Alternate Symbol(s):  STRRF

Canadian Gold Corp. is a mineral exploration and development company. The Company’s principal project is the Tartan Lake Gold Mine Project, a mineral property which hosts a past-producing underground mine. The Tartan Lake Gold Mine Project is located approximately 12 kilometers (km) directly northeast of the town of Flin Flon, Manitoba, Canada. The Project is approximately 2,670 hectares in area and consists of 20 mineral claims. The operation consisted of a 450 ton per day gold processing facility. The Company also holds a 100% interest in green field exploration properties in Ontario and Quebec adjacent to some of Canada's gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON) and Hammond Reef Project (ON). Located due south of Agnico Eagle’s Hammond Reef Gold Project, the Hammond Reef North and South Projects are prospective for large tonnage, low grade gold deposits.


TSXV:CGC - Post by User

Bullboard Posts
Post by StockGru2013on Apr 03, 2014 7:10am
153 Views
Post# 22403995

NEWS RELEASE TRANSACTION UPDATE

NEWS RELEASE TRANSACTION UPDATE

Transaction Update

V.BUD

(via Thenewswire.ca)

Toronto, Ontario / TNW-ACCESSWIRE / April 3, 2014 / Satori Resources Inc. (TSXV:BUD) ("Satori" or the "Company") announces that on March 11, 2014, the Company disclosed that it will be evaluating investment opportunities in various sectors, which the Company confirms, includes those in the agricultural/medical marijuana sector. Following the changes in legislation in the medical marijuana industry, both in Canada and the United States, there has been substantial speculative interest in this new sector, as well as in Satori Resources, as reflected by the trading volume and stock price. For further insight, investors can view the Company's live interview on April 1, 2014 on CTV's Kevin Newman Live (https://knlive.ctvnews.ca/small-mining-companies-looking-for-big-profits-in-medical-marijuana-1.1756580) (commencing at minute 7), and separately, with reporter Amber Kanwar on BNN at https://watch.bnn.ca/#clip1077418.

While no decision has yet been taken, the Company has an obligation to its shareholders to investigate the medical marijuana opportunities being presented to it and to make the best use of the public vehicle. As such, the Company will continue to disclose relevant and timely information as it becomes available.

The TSX Venture Exchange has confirmed that trading of the Company's shares (ticker symbol: BUD:TSXv) will resume at today's market open.



Bullboard Posts