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TSODILO RESOURCES LTD - TSDRF STOCK NEWS

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

Tsodilo Resources Limited (TSXV:TSD) is an international diamond and metals exploration company focused on discovering economic diamond and metal deposits in Botswana. The company holds full ownership of the Bosoto project, which includes the BK16 kimberlite project in the Orapa Kimberlite Field, and the Gcwihaba project area with five metal prospecting licenses. Tsodilo is actively managing the exploration of these projects to uncover valuable resources.

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On June 14, 2024, Tsodilo Resources held its Annual General Meeting (AGM) and announced key decisions. James M. Bruchs, Jonathan R. Kelafant, and Blackie Marole were elected as directors. McGovern Hurley LLP was appointed as the company's auditors. Tsodilo granted stock options allowing ten individuals to purchase a total of 950,000 common shares at CDN$0.23 each. These options vest 25% every six months starting June 17, 2024, and are valid for five years. Additionally, Dr. Gary A. Bojes was appointed Director of Business Development, and Samuel S. McCullough was named Chief Financial Officer, effective July 1, 2024.

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Tsodilo Resources (TSX-V:TSD, OTCQB:TSDRF, FSE:TZO) announced its engagement of Red Cloud Securities to provide liquidity services. This agreement, pending regulatory approval, aims to maintain a reasonable market and enhance liquidity for Tsodilo's common shares on the TSX Venture Exchange. Red Cloud, a financial services firm based in Toronto, will receive $5,000 monthly, paid quarterly in advance. The engagement is ongoing but can be terminated by either party with 30 days' notice. The deal is not a formal market making agreement, and no shares or options will be given to Red Cloud as compensation.

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On May 6, 2024, Tsodilo Resources closed a non-brokered private placement financing, raising C$283,500 through the issuance of 945,000 Units at C$0.30 per Unit. Each Unit consists of one Common Share and one Warrant, with each Warrant allowing the purchase of one Common Share at US$0.30 within 24 months. The proceeds will be used for the Xaudum Iron Formation project in Botswana and general corporate purposes.

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Tsodilo Resources announced a non-brokered private placement of 1,042,500 units at CDN $0.30 per unit, raising gross proceeds of CDN $312,750 for the Xaudum Iron Formation project in Botswana and general corporate purposes. Each unit includes one common share and one purchase warrant, with a hold period of four months. The closing is subject to TSX Venture Exchange approval.

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Tsodilo Resources announces the successful closing of a non-brokered private placement financing, raising C$124,332 through the issuance of 621,660 units of securities. The funds will be utilized for the Xaudum Iron Formation project in Botswana and general corporate purposes.
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Tsodilo Resources (TSDRF) announces a non-brokered private placement to raise funds for the Xaudum Iron Formation project in Botswana. The Company will issue 621,660 units at a price of CDN $0.20 per unit, generating gross proceeds of CDN $124,332. The funds will be used for project advancement and general corporate purposes.
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Tsodilo Resources Limited resolves all matters related to Prospecting Licenses in Botswana, renewing licenses for two years. The company thanks Minister Moagi for diligence. Tsodilo adopts IFC guidelines and joins ResponsibleSteel to promote sustainable steel industry.
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Tsodilo Resources Limited announces progress in resolving licensing issues in Botswana, allowing the company to advance its Xaudum Iron Formation project. The company's commitment to environmental sustainability and green steel production is emphasized.
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Tsodilo Resources Limited has filed an Interlocutory Application in the High Court, Republic of Botswana, to compel compliance with a judgment granted on December 15, 2023. The application aims to address the failure of the Minister of Minerals and Energy to renew the Applicant's license and align the effective dates of contiguous licenses. The Company seeks to impose a fine and imprisonment on the First Respondent for non-compliance. The purpose is to resume the evaluation and development of the XIF project.
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Tsodilo Resources Limited (TSXV:TSD) Grants 500,000 Stock Options at CDN $0.24 per Share
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FAQ

What is the current stock price of TSODILO RESOURCES (TSDRF)?

The current stock price of TSODILO RESOURCES (TSDRF) is $0.1071 as of December 12, 2024.

What is the market cap of TSODILO RESOURCES (TSDRF)?

The market cap of TSODILO RESOURCES (TSDRF) is approximately 6.6M.

What is Tsodilo Resources Limited focused on?

Tsodilo Resources Limited is focused on international diamond and metals exploration in Botswana.

What projects does Tsodilo manage?

Tsodilo manages the Bosoto project, which includes the BK16 kimberlite project, and the Gcwihaba project area with five metal prospecting licenses.

Where are Tsodilo Resources Limited's projects located?

The projects are located in Botswana.

What is Tsodilo's ownership status of the Bosoto project?

Tsodilo has full ownership of the Bosoto project.

What is the goal of Tsodilo's exploration efforts?

Tsodilo aims to discover economic diamond and metal deposits through its exploration activities.

How does Tsodilo Resources Limited contribute to the mining sector?

Tsodilo contributes by exploring and developing potential diamond and metal deposits in Botswana.

TSODILO RESOURCES LTD

OTC:TSDRF

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6.61M
50.07M
9.07%
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