Welcome to our dedicated page for SFEG news (Ticker: SFEG), a resource for investors and traders seeking the latest updates and insights on SFEG stock.
Santa Fe Gold (SFEG) is an exploration mining company focused on acquiring, developing, and producing from mines and mining properties. The company is engaged in the business of mining and mineral properties, with a cautious approach to SEC regulations on mineral deposits. With a strong emphasis on compliance and disclosure, SFEG aims to provide value to investors through its projects and operational activities.
Santa Fe Gold Corporation has successfully completed the SEC review process for its revised Form 10 registration statement, with no further comments received. The company aims to expedite its trading resumption on OTC Market's QB tier by submitting an updated Form 211. Chairman Brian Adair expressed optimism about receiving OTC approval. This step is crucial for Santa Fe Gold's common stock to be actively quoted, paving the way for future trading.
Santa Fe Gold Corporation has filed a revised Form -10 registration statement with the SEC following comments from the SEC staff. The company is optimistic about the review process, aiming to update its Form 211 to resume trading on the OTC-QB. Chairman Brian Adair expressed satisfaction with the completion of the updated financial statements and looks forward to trading resumption. Investors are cautioned about the speculative nature of the mineral deposits in the Black Hawk Mining District as compliance with SEC regulations is emphasized.
Santa Fe Gold Corporation has acquired a property in Duncan, Arizona, for constructing an ore processing mill, effectively 15 miles from its New Mexico mines. The site spans 11.23 acres and is advantageous due to favorable regulations and permitting in Arizona. An engineering report has been received, detailing the mill's design and equipment needed for optimal recovery of precious metals. Furthermore, a Mineral Exploration and Option Agreement with Texas Minerals Resources, Corp. has been signed for a district-wide evaluation of mining claims, which will lead to a bankable feasibility study.
Santa Fe Gold Corporation (OTCBB: SFEG) announced the appointment of Steve Antol as Chief Financial Officer and Corporate Secretary effective July 7, 2020. Antol, age 77, has a lengthy career in financial management, previously serving as CFO for El Capitan Precious Metals, Inc. He has been a consultant for Santa Fe Gold since mid-2005, assisting in accounting and financial reporting. Antol replaces Frank Mueller, who will manage mining operations. This leadership change positions Santa Fe Gold to enhance its financial oversight as it continues to engage in the mining sector.
FAQ
What is Santa Fe Gold (SFEG) focused on?
What is the business of Santa Fe Gold (SFEG)?
How does Santa Fe Gold (SFEG) provide value to investors?
What is the approach of Santa Fe Gold (SFEG) towards SEC regulations on mineral deposits?
Who can investors contact for more information about Santa Fe Gold (SFEG)?
What are the key objectives of Santa Fe Gold (SFEG)?
How does Santa Fe Gold (SFEG) manage risks and uncertainties in its operations?
What are the growth opportunities for Santa Fe Gold (SFEG)?
What is the importance of compliance with SEC regulations for Santa Fe Gold (SFEG)?
How does Santa Fe Gold (SFEG) address future financial position and growth plans?
