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Last C$0.06 CAD
Change Today -0.07 / -53.85%
Volume 9.0K
SGA On Other Exchanges
As of 1:46 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

samco gold ltd (SGA) Snapshot

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52 Week High
01/2/15 - C$0.80
52 Week Low
11/27/15 - C$0.05
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samco gold ltd (SGA) Details

Samco Gold Limited engages in the acquisition, exploration, and development of mineral properties in South America. The company primarily explores for gold and silver ores. Its principal project is the El Dorado-Monserrat epithermal gold project covering 8,000 hectares located in the Deseado Massif region of Santa Cruz Province, Argentina. The company was formerly known as Samco (Argentina) Limited and changed its name to Samco Gold Limited in March 2011. Samco Gold Limited was incorporated in 2009 and is based in London, the United Kingdom.

Founded in 2009

samco gold ltd (SGA) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: $200.0K
Chief Financial Officer
Total Annual Compensation: $175.0K
Executive Director
Total Annual Compensation: $175.0K
Compensation as of Fiscal Year 2014.

samco gold ltd (SGA) Key Developments

Samco Gold Limited Auditor Raises 'Going Concern' Doubt

Samco Gold Limited filed its Annual on Apr 30, 2015 for the period ending Dec 31, 2014. In this report its auditor, Deloitte & Touche LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Samco Gold Limited, Annual General Meeting, Jun 18, 2015

Samco Gold Limited, Annual General Meeting, Jun 18, 2015., at 10:00 Atlantic Standard Time. Location: offices of Abacus Trust and Management Services Limited. Agenda: To receive the audited consolidated financial statements of the Corporation for the year ended December 31, 2014, together with the auditors' report; to elect the directors of the Corporation; to appoint Deloitte LLP, Chartered Accountants, as auditors of the Corporation for the ensuing year and to authorize the directors to fix the remuneration to be paid to the auditors; to re-approve the Corporation's existing stock option plan; to consider and, if thought appropriate, pass a special resolution authorizing the Corporation to amend the Corporation's memorandum and articles of association to change the name of the Corporation from ‘Samco Gold Limited’ to ‘Samco Metals Limited’ or such other name that the directors of the Corporation in their sole discretion determine appropriate and which any regulatory body having jurisdiction may accept; and to transact such other business as may properly come before the Meeting or any adjournment.

Samco Gold Limited Files Response to Notice of Civil Claim by Yamana Gold Inc

Samco Gold Limited announced that it has filed a response to notice of Civil Claim in the Supreme Court of British Columbia in response to the action commenced by plaintiffs 0805346 B.C. Ltd. (formerly Northern Orion, and a subsidiary of Yamana Gold Inc.) and Yamana Gold Inc. The company will vigorously defend itself against this claim. As set out in the response, the company believes the allegations are without merit and believes they represent a tactical response by the plaintiffs to Argentinean litigation in which Ricardo Auriemma successfully obtained a judgment of the Commercial Court of Appeal against 0805346 B.C. Ltd. for breach of contract; and in which the Company has an interest in the damages arising from that judgment. In addition, in the response, the company asserts that the action is an abuse of process and also challenges the jurisdiction of the B.C. Supreme Court to hear the action.


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