Coastal Gold Corp.

Coastal Gold has granted a total of 6,475,000 stock options to various directors, officers and consultants of the Company. The options have an exercise price of $0.10 and expire five years from the date of grant. The options vest immediately, with the exception of options granted to Mr. Rob Hopkins, the Company's investor relations manager, which shall vest over a period of 12 months in four equal installments with [...]

Castillian has changed its name to Coastal Gold Corp. and will begin trading today on the TSX Venture Exchange under the new trading symbol "COD". The name change follows completion of the merger of the Company with Ridgemont Iron Ore announced in the press release issued by the Company and Ridgemont Iron Ore earlier today. The shareholders of the Company approved the name change at the Annual and Special Meeting of [...]

Castillian has acquired all of the issued and outstanding shares of Ridgemont Iron Ore. Ridgemont shareholders received 0.593 of a Castillian common share for each common share of Ridgemont held. Following completion of the Transaction, Castillian has 130.5 million common shares outstanding (153.9 million common shares on a fully-diluted basis), and the ownership of the combined company is approximately 57.8% by [...]

Castillian and Ridgemont are pleased to announce that the previously announced plan of arrangement between Ridgemont and Castillian was approved by Ridgemont shareholders at Ridgemont's annual and special meeting held on June 24 in Vancouver. Pursuant to the Arrangement, Castillian will acquire 100% of the outstanding common shares of Ridgemont by way of a plan of arrangement under the Business Corporations Act [...]

Castillian announces that Ryan Gold Corp. has exercised its option to transfer its 10% interest in Castillian's Hope Brook Gold property back to Castillian in consideration for 8,000,000 common shares of Castillian having a deemed price of $0.25 per common share (see news releases dated February 6, 2013 and November 1, 2012). Following the exercise of the option, Ryan Gold holds 10.6% of the issued and outstanding [...]

Castillian and Ridgemont Iron Ore are pleased to announce that Ridgemont's information circular with respect to the previously announced plan of arrangement with Castillian has been filed with Canadian securities regulators and is being mailed to Ridgemont shareholders of record as of May 17. Ridgemont's mailing of the Circular follows its receipt of an interim order of the Supreme Court of British Columbia [...]

Castillian Resource and Ridgemont Iron Ore have signed a definitive arrangement agreement pursuant to which Castillian will acquire all of the outstanding shares of Ridgemont by way of a plan of arrangement under the Business Corporations Act. The Agreement contains the principal terms and conditions set out in the binding letter of intent (the "Letter of Intent") between Castillian and Ridgemont (see news release [...]

Castillian announces that its Board of Directors has approved an amendment to the Company's by-laws to include an advance notice policy, which Policy includes a provision that requires advance notice to the Company in circumstances where nominations of persons for election to the Board of Directors are made by shareholders of the Company other than pursuant to: (i) a requisition of a meeting made pursuant to the [...]

Castillian Resources is announcing today the appointment of Justin Reid as Executive Chairman of the Board. Mr. Reid will be active in the day-to-day management of the Company and will also assist in the oversight of the development of Castillian's Hope Brook Project in Newfoundland. Mr. Reid is a geologist and capital markets executive with over 20 years of experience focused exclusively in the mineral resource [...]

Castillian and Ridgemont Iron Ore have entered into a binding letter of intent pursuant to which Castillian and Ridgemont will enter into a plan of arrangement whereby Castillian will acquire all of the outstanding shares of Ridgemont and Ridgemont will become a wholly owned subsidiary of Castillian. Under the terms of the Transaction, shareholders of Ridgemont will receive 0.574 of a Castillian common share for each [...]