South Atlantic Provides Update on Current Stage of the Tucano Process in Brazil
August 10, 2023 – Vancouver, British Columbia – South Atlantic Gold Inc. (TSX-V:SAO) (“South Atlantic” or the “Company”) continues to work to add to the number of creditors of Mina Tucano Ltda., Beadell (Brazil) Pty Ltd. and Beadell (Brazil 2) Pty Ltd. (such three entities and the subsidiaries of Mina Tucano Ltda., collectively, the “Tucano […]
South Atlantic Announces C$510,000 Non-Brokered Private Placement
July 11, 2023 – Vancouver, British Columbia – South Atlantic Gold Inc. (TSX-V:SAO) (“South Atlantic” or the “Company”) is pleased to announce a non-brokered private placement offering (the “Offering”) for gross proceeds of up to C$510,000. The Offering will consist of up to 8.5 million common shares of the Company (the “Common Shares”) at a […]
South Atlantic Gold Announces 2nd Amendment to Big Kidd Option Agreement
Kelowna, British Columbia, March 3, 2023 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) reports today that it has entered into a further amendment effective February 28, 2023 (the “Second Amendment”) to the previously announced property option agreement dated November 4, 2022 and subsequent first amendment dated January 4, 2023 (collectively […]
South Atlantic Gold Inc. Announces $250k Financing
Kelowna, British Columbia, February 15, 2023 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) announces it intends to complete a non-brokered private of up to 5,000,000 common shares of the Company (each a “Share”) at a price of $0.05 per Share for gross proceeds of up to $250,000 (the “Offering”). Proceeds […]
South Atlantic Gold Announces Amendment to Big Kidd Option Agreement
Kelowna, British Columbia, January 11, 2023 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) reports today that it has entered into an amendment effective January 4, 2023 (the “Amendment”) to the previously announced property option agreement dated November 4, 2022 (the “Option Agreement”) with Quetzal Copper Limited (“Quetzal”) to divest the […]
South Atlantic Gold Announces Updates to Pedra Branca’s Permits and Licenses and Metallurgical Testing Results
Kelowna, British Columbia, November 10, 2022 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) is pleased to announce that the Brazilian environmental agency for the state of Ceará has commenced the evaluation process to license the Company’s operations. The Company has also completed metallurgical testwork on the main ore zones of […]
South Atlantic Gold Options Big Kidd Project for $4.8 million and 2% NSR
Kelowna, British Columbia, November 9, 2022 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) is pleased to announce that it has entered into an option agreement to divest its 100% interest of the Big Kidd Project, British Columbia, to Quetzal Copper Limited (“Quetzal”), a British Columbia, corporation for a total consideration […]
South Atlantic Gold Announces RSU/DSU Plan
Kelowna, British Columbia, October 21, 2022 – SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (“South Atlantic” or the “Company”) announces that the board of directors of the Company effective October 21, 2022 (the “Effective Date”) have adopted a restricted share units (“RSUs”) and deferred share units (“DSUs“) long term incentive plan (the “LTIP“). The purposes of […]