San Gold Corp.

San Gold announced today that it has filed Notice of Intention to Make a Proposal under Part III, Division I of the Bankruptcy and Insolvency Act (Canada). The decision to file the NOI was made by the board of directors of San Gold after extensively exploring restructuring and refinancing alternatives following thorough consultation with its legal and financial advisors and its principal secured lender.

San Gold Corporation and Kerr Mines Inc. announce that they have agreed to mutually terminate the previously announced arrangement agreement which contemplated the combination of the business and assets of Kerr Mines with those of San Gold. Any Kerr Mines' share certificates deposited under the Arrangement with TMX Equity Transfer Services will be returned to shareholders.

San Gold announced today that it has obtained a secured loan in the amount of US$1,669,250 from a fund managed by B Asset Manager LP. The loan is evidenced by a secured demand promissory note issued to the Lender by San Gold. The Note is secured by a debenture granted to the Lender over all of the assets of San Gold. The Note bears interest in the amount of 14% per annum and interest is payable monthly, in advance [...]

WINNIPEG, MANITOBA--(Marketwired - Nov 13, 2014) - San Gold Corp. (TSX:SGR) (OTCQX:SGRCF) today reported 2014 third quarter financial and operating results. During the quarter, the Company recognized a non-cash impairment charge of $71.8 million resulting in a net loss of $76.6 million for the quarter. Excluding the impairment, the net loss was $4.8 million. The reduction in the carrying value of the Company's assets [...]

WINNIPEG, MANITOBA--(Marketwired - Nov 6, 2014) - San Gold Corp. (TSX:SGR)(OTCQX:SGRCF) is pleased to announce that its shareholders voted in favour of an ordinary resolution approving the issuance of certain securities of San Gold in connection with the proposed arrangement (the "Arrangement") between San Gold, Kerr Mines Inc., and 8982805 Canada Ltd. brought before them at San Gold's special meeting of shareholders [...]

WINNIPEG, MANITOBA--(Marketwired - Oct 29, 2014) - San Gold Corp. (TSX:SGR)(OTCQX:SGRCF) announced today that its Board of Directors has accepted the resignation of Gestur Kristjansson as President and Vice-President, Finance. The company wishes to thank Mr. Kristjansson for his years of service. About San Gold San Gold is an established Canadian gold producer, explorer, and developer that owns and operates the [...]

WINNIPEG, MANITOBA--(Marketwired - Oct 15, 2014) - San Gold Corp. (TSX:SGR) (OTCQX:SGRCF) is pleased to announce that recent drilling and ongoing development has confirmed and expanded on a new and parallel mining horizon located immediately to the north of the Rice Lake Mine. This horizon is fully accessible from current and historic Rice Lake Mine workings with present drilling and development taking place from 26 [...]

San Gold and Kerr Mines are pleased to announce that they have mailed their joint management information circular and related proxy materials to their respective shareholders in connection with the special meeting of shareholders of each of San Gold and Kerr Mines to be held on November 6. At the Meetings, shareholders will be asked to approve, among other things, the previously announced acquisition of all of the [...]

WINNIPEG, MANITOBA--(Marketwired - Oct 8, 2014) - San Gold Corp. (TSX:SGR)(OTCQX:SGRCF) ("San Gold" or the "Company") announced today that its Board of Directors has accepted the resignation of Dale Ginn as Executive Vice President and as a Director of the Company. Mr. Ginn has been a Director since the Company acquired the Rice Lake Mine and related assets in 2005 and has held multiple senior management roles [...]

San Gold today announced today that at its annual and special meeting of shareholders held on August 19, 2014, each of the six nominees proposed as directors and listed in its management information circular dated July 17, 2014, were elected as directors. The detailed results of the vote for the directors of the Company are set out as follows: Shareholders also voted in favour all other items of business at the [...]