Karus Mining Inc.

Karus Mining announces, further to its news release of March 13, 2024 regarding the completion of its amalgamation with Theia Gold, that it has issued an additional 2,661,936 common shares pursuant to certain contractual obligations of Theia. As a result, two persons are required to announce their share holdings in accordance with National Instrument 62-103 The Early Warning System and Related Take Over Bids and [...]

Karus Mining is pleased to announce the appointment of Alex Gostevskikh as a Director and Chief Executive Officer of the Corporation. Alex Gostevskikh MSc MBA, is a geologist with over 30 years of experience in international mining and exploration for such commodities as gold, uranium, and base metals. He has extensive corporate experience through his involvement with a number of listed companies on the TSX and AIM [...]

Karus Mining is pleased to announce, further to its news releases dated August 14, 2023, Dec 18, 2023, and February 14, 2024, the completion of its previously announced amalgamation with Theia Gold Corp. Pursuant to the terms of an amalgamation agreement dated Dec 13, 2023, as amended, the Amalgamation was completed by way of a three-cornered amalgamation with Karus, Theia and 1452146 B.C. Ltd., a wholly-owned [...]

Karus Gold is pleased to announce, further to its news releases dated August 14, 2023 and December 18, 2023, the completion of its previously announced common share consolidation on the basis of one post-consolidation Karus common share for every ten pre-consolidation Karus common shares. In addition, as permitted by the Articles, the board of directors has approved and completed the change of name of the Corporation [...]

Karus Gold announces it has signed an amalgamation agreement dated December 13, 2023 pursuant to which a wholly-owned subsidiary of Karus will amalgamate with Theia Gold Corp. and each of the issued and outstanding common shares of Theia following the amalgamation will immediately be exchanged for 2.5414 common shares of Karus on a post 10:1 consolidation basis. The Proposed Transaction Pursuant to the Proposed [...]

Karus Gold announces that all matters proposed at the Annual General and Special Meeting of shareholders held today at 10:00AM Pacific Time were approved, including changes to the Board of Directors. As previously disclosed in the information circular sent to shareholders in support of the AGSM, Mr. Joe Ovnesek did not stand for re-election to the Board and Mr. Jay Sujir was nominated in his place. The Board is [...]

Karus Gold announces it has signed a binding Letter of Intent to acquire 100% of the issued and outstanding common shares of Theia Gold Corp., a private British Columbia incorporated company, by way of a business combination transaction that will result in the reverse takeover of Karus by Theia. James Hynes, Karus Director commented, "The Proposed Transaction with Theia brings management, technical expertise and a [...]

Karus Gold announces a 2023 gold exploration program, changes to Karus' board of directors and management and a grant of restricted share units. 2023 Exploration Program Karus will undertake a 2023 exploration program which it expects to begin in Q3. The program is expected to focus on target generation of several key upside structures to the FG Gold project mineralization. The sampling and mapping will ensure the [...]

Karus Gold Corp. announces the mutual termination of the arrangement agreement entered into with Kenadyr Metals on Dec 28, 2022 in respect of the proposed transaction with Kenadyr previously announced on December 30, 2022. Kenadyr was unable to raise sufficient capital to meet the closing conditions and complete the transaction. As a result, Kenadyr and Karus have agreed to mutually terminate the Arrangement [...]

Karus Gold Corp. provides an update on the proposed transaction with Kenadyr Metals Corp. as previously announced on December 30, 2022. Karus and Kenadyr continue to work to complete the Proposed Transaction and the definitive binding agreement between Karus and Kenadyr remains in force. Pursuant to the Agreement, Kenadyr will acquire 100% of the issued and outstanding common shares of Karus via a Kenadyr issuance of [...]