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RGOZF - RGOZF STOCK NEWS

Welcome to our dedicated page for RGOZF news (Ticker: RGOZF), a resource for investors and traders seeking the latest updates and insights on RGOZF stock.

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EnviroGold Global Limited (OTCQB: RGOZF) announced an update on its Private Placement, initially revealed on March 3, 2022. The offering is substantially subscribed with room for oversubscription, set to close its second tranche by April 6, 2022. The terms have been enhanced to include one half of a warrant per common share. The company issued 2,815,170 common shares at $0.41 per share in the first tranche, raising $1,154,219.66, and will issue an additional 1,407,585 warrants. All securities are subject to a four-month hold period.

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EnviroGold Global Limited (RGOZF) announced significant growth milestones in its tailings reprocessing projects aimed at producing metals with reduced environmental impact. The Hellyer Tailings Project achieved 83.5% gold and 94.6% silver recovery with substantial resources identified, while Buchans Project received permitting approval for further exploration. The company plans to secure financing for its Hellyer project in Q2 2022 and establish a partnership with an EPCM firm by summer 2022. These efforts align with their goal to produce metals with up to 96% lower carbon footprint compared to traditional mining.

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EnviroGold Global (OTCQB: RGOZF) announces significant advancements in its Hellyer and Buchans Tailings Reprocessing Projects. The company anticipates a 96% reduction in greenhouse gas intensity and an over 80% reduction in energy consumption compared to conventional mining. With extensive analytics, EnviroGold identifies tailings sites rich in valuable metals, set to initiate production in 2022. The global tailings waste potential is valued at $3.4 trillion. The firm aims to lead in the circular economy by providing sustainable, low-carbon metal recovery, targeting a substantial global market.

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EnviroGold Global, a Clean Technology Company, aims to revolutionize metal production through tailings reprocessing, producing precious and battery metals with significantly reduced environmental impact. Their Hellyer and Buchans projects promise a 96% reduction in greenhouse gas emissions per gold-ounce equivalent and over 80% less energy consumption compared to traditional mining. The global tailings market holds an estimated $3.4 trillion in metal value, with EnviroGold targeting projects that meet stringent recovery criteria. The company is set to commence production in 2022.

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EnviroGold Global Limited (CSE: NVRO | OTCQB: RGOZF) announced the closing of the first tranche of a non-brokered private placement, raising gross proceeds of C$1,154,219.66 from the issuance of 2,815,170 common shares at a price of C$0.41 each. The funds will accelerate commercial metal production in 2022, develop a tailings reprocessing portfolio, and support working capital. Major milestones include a high gold recovery rate of 83.5% and significant tailings resources identified for further processing in Newfoundland and Labrador.

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EnviroGold Global Limited (OTCQB: RGOZF) announced significant advancements in its Hellyer Tailings Reprocessing Project, achieving gold recovery rates of 83.5% and silver recovery rates of 94.6% through a proprietary flowsheet optimization program. This represents a 24% increase in gold recovery rates compared to prior reports. The project is set to enhance the economic viability of extracting precious metals from VMS tailings, with a historical mineral resource estimate of 634k oz Gold and 22.9M oz Silver. A private placement raised C$ 1.15M to accelerate production activities.

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EnviroGold Global (OTCQB: RGOZF) has released significant results from its Hellyer Tailings Reprocessing Project, achieving gold recovery rates of 83.5% and silver recovery rates of 94.6%. This marks a 24% increase over previous results, thanks to a collaborative optimization program with Core Resources. The project, initially launched in August 2020, aims to extract valuable metals from waste tailings. The Company has also completed a $1.15 million equity raise to fund production and development, targeting commercial operations in 2022.

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EnviroGold Global Limited (RGOZF) has garnered attention from Red Cloud Securities, which initiated coverage on January 27, 2022, rating the stock as 'Buy' with a target price of C$0.70/share. This target was subsequently revised to C$0.80 on February 22, 2022, following updates in their report regarding the Hellyer Project. The Company focuses on metal recovery from mine tailings, aiming to generate low-capital expenditure (CAPEX) operations with minimal environmental impact. EnviroGold Global is positioned to recover an estimated US$3.4 trillion in in situ metal value from tailings.

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EnviroGold Global Limited (OTCQB: RGOZF) has received a "Buy (S)" rating from Red Cloud Securities, with a revised price target of C$0.80/share. This follows the affirmation of an initial report highlighting the potential recovery of precious metals from mine tailings. The company, focused on a circular economy, aims to produce metals with a significantly lower carbon footprint than traditional methods. EnviroGold currently has eight major projects, expecting to commence commercial production by 2022 and targeting seven projects by 2025.

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EnviroGold Global has entered a binding agreement with Hellyer Gold Mines to reprocess tailings at the Hellyer Gold Mine in Tasmania. This initiative, known as the Hellyer Tailings Reprocessing Project, is seen as a significant step in enhancing metal recovery rates for gold, silver, and other metals. CEO Dr. Mark Thorpe highlighted this partnership as a strategic milestone, aimed at establishing a circular-resource economy and advancing project financing negotiations. EnviroGold is targeting commercial production across seven major projects by 2025, with expectations to start in 2022.

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FAQ

What is the market cap of RGOZF (RGOZF)?

The market cap of RGOZF (RGOZF) is approximately 11.2M.
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RGOZF Stock Data

11.20M