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Radius Gold Inc V.RDU

Alternate Symbol(s):  RDUFF

Radius Gold Inc. is engaged in the acquisition and exploration of mineral properties and investment in companies, which hold mineral property interests. It has a portfolio of projects located in Mexico and Guatemala. Its projects include Plata Verde Project, Amalia Project (including the Palmillas Property), Holly Project, and Motagua Norte Project. The Plata Verde Project is located north of the Company’s Amalia Gold-Silver project and east of the Batopilas silver mining district. The Amalia Project is comprised of about 9,794 hectares (ha) located in the Sierra Madre gold belt in the State of Chihuahua, Mexico. The Holly property straddles the regional Jocotan Fault which forms part of the Motagua Suture Zone, about 400 kilometers (km) long by up to 80 km wide deformation zone that separates the North American and Caribbean plates. The Holly project is under a joint venture agreement with Volcanic Gold Mines. The Motagua Norte project has about 86 square kilometers land position.


TSXV:RDU - Post by User

Post by loonietuneson Dec 10, 2020 7:53am
118 Views
Post# 32075013

Not much news

Not much news

 

Radius Gold to issue 30,495 shares for Amalia option

 

2020-12-09 15:46 ET - News Release

 

Mr. Simon Ridgway reports

RADIUS GOLD TO ISSUE SHARES FOR AMALIA PROJECT OPTION PAYMENT

Radius Gold Inc. proposes, subject to stock exchange approval, to issue 30,495 common shares in its capital stock at a deemed price of 21 cents per share to the property owners of the Amalia gold/silver project in Mexico, in accordance with Radius's option to acquire a 100-per-cent interest in the project.

About Radius Gold Inc.

Radius has a portfolio of projects located primarily in Mexico, the United States and Guatemala, which it continues to advance, utilizing partnerships where appropriate in order to retain the company's strong treasury. At the same time, management is seeking out additional investment and project acquisition opportunities across the globe.

We seek Safe Harbor.

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