KGL Resources Ltd. News Releases

KGL Resources Announces Repricing of Proposed Private Placement

Wed, 18 Mar 2026 16:30:00 -0400

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESToronto, Ontario--(Newsfile Corp. - March 18, 2026) - KGL Resources Ltd. (TSXV: KGL.H) ("KGL" or the "Company") announced today that, in order to receive regulatory approval for its proposed private placement announced on February 11, 2026, it is increasing the subscription price per common share from C$0.075 to C$0.105. The Company will now offer up to 9,500,000 common shares at a price of C$0.105...

KGL Resources Announces New Controlling Shareholder and CEO and Proposed Private Placement

Wed, 11 Feb 2026 10:35:00 -0500

Toronto, Ontario--(Newsfile Corp. - February 11, 2026) - KGL Resources Ltd. (TSXV: KGL.H) ("KGL" or the "Company") reports that, as disclosed by Mr. Arnold Kondrat in a press release today, Mr. Kondrat has acquired 8,857,142 common shares of the Company, representing approximately 60.23% of the issued and outstanding common shares of the Company, in a private transaction. In conjunction with the change in control and subject to regulatory approval, Mr. Kondrat has been appointed as the President...

KGL Resources Announces Completion of Debt Settlement

Wed, 18 Jun 2025 16:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - June 18, 2025) - KGL Resources Ltd. (TSXV: KGL.H) ("KGL" or the "Company") announced today that it has completed its previously announced debt settlement (the "Transaction") with Loncor Gold Inc. ("Loncor") issuing 8,857,142 common shares (the "Debt Settlement Shares") at a deemed issue price of $0.07 per share to settle indebtedness of C$620,000 owing to Loncor for cash loans and advances and interest thereon. The Debt Settlement Shares issued are subject to...

KGL Resources Announces Share Consolidation

Fri, 13 Jun 2025 17:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - June 13, 2025) - KGL Resources Ltd. (TSXV: KGL.H) ("KGL" or the "Company") announced today that the Company has consolidated its issued and outstanding common shares on the basis of one (1) new consolidated common share for every two (2) existing common shares (the "Consolidation"). The Consolidation was approved by shareholders at the Company's Annual and Special Meeting held on May 30, 2025. The Company's shares will commence trading on a consolidated basis...

KGL Resources Provides Supplemental Information for Proposed Debt Settlement

Fri, 09 May 2025 17:01:00 -0400

Toronto, Ontario--(Newsfile Corp. - May 9, 2025) - KGL Resources Ltd. (TSXV: KGL.H) ("KGL" or the "Company") is providing supplemental information to assist shareholders in their consideration of the proposed debt settlement with Loncor Gold Inc. ("Loncor") announced in the Company's press release of March 25, 2025 (the "Debt Settlement") and for which additional details are provided in the Company's management information circular dated April 16, 2025 (the "Circular"), which has been filed by...

KGL Resources Announces Proposed Debt Settlement and Share Consolidation

Tue, 25 Mar 2025 17:01:00 -0400

Toronto, Ontario--(Newsfile Corp. - March 25, 2025) - KGL Resources Ltd. (TSXV: KGL.H) ("KGL" or the "Company") announced today that it has entered into a debt settlement agreement (the "Agreement") with Loncor Gold Inc., a company listed on the Toronto Stock Exchange ("Loncor"), pursuant to which it is proposed that the Company will settle $620,000 of indebtedness owing to Loncor by the issuance of 8,857,142 post-consolidated common shares (the "Debt Settlement Shares") at a deemed price of...

KGL Resources Announces Debt Settlement

Tue, 24 Sep 2024 16:01:00 -0400

Toronto, Ontario--(Newsfile Corp. - September 24, 2024) - KGL Resources Ltd. (TSXV: KGL.H) ("KGL" or the "Company") announced today that it has completed a debt settlement transaction (the "Transaction") with Arlington Group Asset Management Limited ("Arlington") issuing 1,794,000 common shares (the "Debt Settlement Shares") at a deemed issue price of $0.05 per share to settle indebtedness of C$89,700 owing to Arlington, consisting of C$65,000 loaned to the Company in September 2019 and accrued...