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Last C$0.02 CAD
Change Today 0.00 / 0.00%
Volume 3.6M
GOG On Other Exchanges
As of 11:57 AM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

golden tag resources (GOG) Snapshot

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10/9/14 - C$0.10
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golden tag resources (GOG) Details

Golden Tag Resources Ltd., a mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and Canada. It focuses on gold, silver, and base metal deposits. The company primarily holds 60% interest in the Aquilon Gold property covering 6,370 hectares located in James Bay, Quebec. It also holds a 40% interest in the McCuaig joint venture gold project with 3 unpatented mining claims located to the northwest of the Red Lake mine complex, Ontario; and a 50% interest in the San Diego joint venture property located in Durango State, Mexico. The company was incorporated in 1980 and is based in Kirkland, Canada.

Founded in 1980

golden tag resources (GOG) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: C$20.0K
President, Chief Financial officer and Direct...
Total Annual Compensation: C$65.0K
Compensation as of Fiscal Year 2014.

golden tag resources (GOG) Key Developments

Golden Tag Resources Ltd. Auditor Raises 'Going Concern' Doubt

Golden Tag Resources Ltd. filed its Annual on Apr 27, 2015 for the period ending Dec 31, 2014. In this report its auditor, Meyers Norris Penny LLP - MNP LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Golden Tag Resources Ltd., Annual General Meeting, Jun 15, 2015

Golden Tag Resources Ltd., Annual General Meeting, Jun 15, 2015., at 10:30 US Eastern Standard Time. Location: McMillan LLP, 1000 Sherbrooke Street West, #2700. Agenda: To receive and consider the consolidated financial statements of the corporation for its fiscal period ended December 31, 2014, and the report of the auditor of the corporation thereon; to elect directors of the corporation for the ensuing year; and to appoint an auditor of the corporation for the ensuing year.

Golden Tag Resources Ltd. Announces the Signing of Third Amendment to its Joint Venture Agreement with Golden Minerals Company

Golden Tag Resources Ltd. announced the signing of a third amendment to its joint venture agreement with Golden Minerals Company. The JVA governs the parties' San Diego multi-million ounce silver exploration project in Mexico. Under the first JVA amendment, Golden Tag acquired the right to increase its interest in the JV from 50% to 60% by solely funding the next $3 million of additional exploration expenses by March 24, 2014. In the second JVA amendment the company obtained a 12 month extension until March 24, 2015 in return for funding 100% of $625,000 on a drilling program focused on near surface higher grade veins. This program would take place after the company has earned its 60% interest in the property by completing the $3 million obligation pursuant to the first JVA amendment. Under the recently signed third JVA amendment, Golden Tag has obtained a two year extension to March 24, 2017 to spend the remaining approximate $868,000 under the first JVA amendment. Golden Tag would then be obligated to fund the next $625,000 of expenditures as agreed under the second JVA. The consideration paid to Golden Minerals for this extension is an amount of $5,000 and the issuance of 5,000,000 common shares of the company subject to the approval of the TSX-V. Additionally, Golden Tag is obligated to spend the remaining earn-in costs on an exploration program to establish definition of near surface mineralized veins generally above the 1,200 metre elevation level. The extension will give the company more flexibility to raise the required funds to complete the earn-in, and thereby potentially further decrease the dilutive effect in the company's share structure in the continuing poor market conditions in the junior resource sector.


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