South Atlantic Gold Announces Corporate Changes, Welcomes New Directors

Kelowna, British Columbia, January 5, 2022 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) announces the creation of a Technical Committee, Compensation Committee and changes to the Audit Committee. Two new members will be joining the Board of Directors including Mr. Rick Brown and Mr. Bill O’Hara while Mr. Antenor Silva is resigning from […]

South Atlantic Gold Inc. Completes $1.75M Financing

Kelowna, British Columbia, December 17, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) has completed the previously announced financing (see new releases of November 11, 2021 and November 26, 2021) wherein the Company has issued today 35,000,000 common shares (the “Shares”) at a price of $0.05 for gross proceeds of $1,750,000 (the “Offering”). […]

South Atlantic Gold Inc. Announces Increase to Previously Announced Financing

Kelowna, British Columbia, November 26, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) announces it has increased the previously announced financing (see new release of November 11, 2021) wherein the Company has increased the Offering to 35,000,000 common shares of the Company at a price of $0.05 per share for gross proceeds of […]

South Atlantic Gold Announces Private Placement for $1.5M

Kelowna, British Columbia, November 1, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) announces it intends to complete a non-brokered private of up to 30,000,000 common shares of the Company at a price of $0.05 per share for gross proceeds of up to $1,500,000 placement (the “Offering”). Proceeds will be used by […]

South Atlantic Gold Announces Maiden Resource for the Pedra Branca Project, Brazil; 100% Property Ownership Attained.

TSX-V: SAO Kelowna, British Columbia, June 28, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) is pleased to report that Pedra Branca’s Maiden Resource has been completed and is presented under National Instrument (“NI”) 43-101 technical report standards.  The resource was completed by the consolidation of historical drilling and Phase 1 Reverse […]

South Atlantic Gold Announces Completion of 75% Earn-in on the Pedra Branca Project, Brazil. Maiden Resource Imminent.

TSX-V: SAO Kelowna, British Columbia, June 11, 2021 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) is pleased to announce that it’s 75 percent (“%”) earn-in on the  Pedra Branca Project, located 280 kilometers (“km”) southwest of Fortaleza, Ceará State, Brazil has been completed. An audit of the US$1 million in exploration expenditures […]