Rapier Gold Inc.

Rapier Gold and GFG Resources are pleased to announce that the companies have received a final order from the Supreme Court of British Columbia approving the acquisition by GFG of all of the issued and outstanding securities of Rapier by way of a plan of arrangement. Subject to receipt of final acceptance of the Arrangement by the TSX Venture Exchange, Rapier and GFG intend to complete the Arrangement effective [...]

Rapier Gold and GFG Resources announce today an update on the proposed transaction, pursuant to which GFG has agreed to acquire all of the issued and outstanding common shares of Rapier by way of a plan of arrangement. Following securityholder approval, the Arrangement remains subject to certain conditions, including the receipt of a final order from the Supreme Court of British Columbia. Rapier appeared before the [...]

Rapier Gold is pleased to announce that at a special meeting of securityholders held earlier today, 90% of the Rapier securityholders present in person or by proxy voted in favour of the proposed transaction pursuant to which GFG Resources agreed to acquire all of the issued and outstanding common shares of Rapier by way of a plan of arrangement. The Arrangement was approved by the required majority of the votes cast [...]

Rapier Gold is pleased to announce that Glass Lewis & Co and International Shareholder Services, two leading independent proxy voting advisory firms, have recommended that Rapier shareholders vote "FOR" the resolution approving the arrangement with GFG Resources. In reaching its recommendation that Rapier shareholders vote "FOR," Glass Lewis stated: "The transaction brings closure to a lengthy period of uncertainty [...]

Dr. John Blake, Mr. Daryl Hodges and Mr. Roger Walsh, each a former director and a shareholder of Rapier Gold today announced their strong opposition to the proposed transaction involving Rapier and GFG Resources on the basis of significant concerns with the process surrounding the negotiation and approval of the proposed GFG Transaction. Mr. Walsh, the former CEO and director of Rapier explained: "We believe that [...]

Rapier Gold announces that it has entered into a debt settlement agreement with a creditor of the Company to settle $100,000 in debt through the issuance of 2,000,000 shares. This transaction has received regulatory approval. The debt settlement shares are subject to a four month hold period expiring May 26, 2018 and are issued at a price of $0.05 per share. DIRECTORSDavid Lotan, Interim CEO Contact: Diana Mark [...]

Rapier Gold is pleased to provide the following progress update from the 2017 exploration field program on the Pen Gold Project. 2017 Rock Grab Sample Locations and Anomalies Rock Sample Anomalies – All Years New Claims The 2017 exploration field season included an extensive program of mapping and prospecting. The objective was to enhance Rapier’s geological model and develop drill targets. The program [...]

Rapier Gold is pleased to announce that it has entered into an arrangement agreement with GFG Resources pursuant to which GFG will acquire all of the issued and outstanding common shares of Rapier on the basis of 0.15 of a common share of GFG for each Rapier Share. The exchange ratio represents total consideration of C$0.08 per Rapier Share based on the closing price of GFG on the TSX Venture Exchange on December 7 [...]

Rapier Gold is pleased to announce that, subject to final regulatory approval, it has closed the final tranche of its private placement announced on June 21, 2017 through the issuance of 410,000 flow through shares, at a price of $0.10, for second tranche proceeds of $41,000, for a total financing of $501,000. The Shares from this second tranche are subject to a four-month hold period expiring on November 28, 2017 [...]

Rapier Gold is pleased to announce that, subject to final regulatory approval, it has closed the first tranche of its private placement, raising $460,000 through the issuance of 4,600,000 flow through shares. All shares issued in this tranche are subject to a four-month hold period expiring October 30, 2017. Finder's fees on this tranche are payable as to $24,000, and 240,000 compensation warrants at an exercise [...]