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Junior Mining Precious Metals Roo Gold

RooGold Announces Results at AGM and Re-Election of Officers

VANCOUVER, BC / ACCESSWIRE / June 22, 2022 / (CSE:ROO) (OTC:JNCCF) (Frankfurt: 5VHA) -RooGold Inc. (“RooGold” or the “Company“) is pleased to announce that at its shareholder meeting (“Meeting”) on June 21, 2022, shareholders approved the re-appointment of Carlos Espinosa, Michael Singer and Michael Mulberry to the Board of Directors of the Company. Shareholders also approved, subject to final TSX Venture Exchange (“Exchange”) acceptance, the adoption of a new “rolling up to 10%” stock option plan (“Stock Option Plan”), as disclosed in detail in the Meeting materials, that complies with Policy 4.4 of the Exchange. The maximum aggregate common shares that are issuable pursuant to the Stock Option Plan is 10% of the issued common shares of the Company (“Listed Shares”), a maximum of 10% of issued Listed Shares are issuable to insiders (as a group) in any 12 month period, a maximum of 5% of issued Listed Shares may be granted or issued pursuant to the Stock Option Plan to any one person, a maximum of 2% of issued Listed Shares may be granted or issued pursuant to the Stock Option Plan to any one Consultant or Investor Relations Service Provider. The Company currently has 72,559,950 common shares (“Listed Shares”) issued and outstanding and accordingly, there are 7,255,995 Listed Shares issuable pursuant to the Stock Option Plan.

Immediately following the Meeting, the Directors approved the re-appointment of Carlos Espinosa as Chief Executive Officer & President, Remantra (Anup) Sheopaul as Chief Financial Officer & Corporate Secretary, and Alexandra Bonner as Vice-President Exploration.

About RooGold Inc.

ROOGOLD is a Canadian based junior venture mineral exploration issuer which is uniquely positioned to be a dominant player in New South Wales, Australia, through a growth strategy focused on the consolidation and exploration of high potential, mineralized precious metals properties in this prolific region of Australia. Through its announced acquisitions of Southern Precious Metals Ltd., RooGold Ltd. and Aussie Precious Metals Corp. properties, RooGold commands a portfolio of 13 high-grade potential gold (9) and silver (4) concessions covering 1,380 km2 which have 137 historic mines and prospects.

For further information please contact:

Ryan Bilodeau
T: 416-910-1440
info@roogoldinc.comhttps://embed.fireplace.yahoo.com/embed?ctrl=Monalixa&m_id=monalixa&m_mode=document&site=sports&os=android&pageContext=%257B%2522ctopid%2522%253A%25221542500%253B1577000%2522%252C%2522hashtag%2522%253A%25221542500%253B1577000%2522%252C%2522wiki_topics%2522%253A%2522TSX_Venture_Exchange%253BCarlos_Espinosa%253BMichael_Alan_Singer%253BCommon_stock%253BOption_(finance)%253BCompany%2522%252C%2522lmsid%2522%253A%2522a077000000LnOyOAAV%2522%252C%2522revsp%2522%253A%2522accesswire.ca%2522%252C%2522lpstaid%2522%253A%2522e63c698f-523e-31a9-9fff-1811d59a59a7%2522%252C%2522pageContentType%2522%253A%2522story%2522%257D

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

Categories
Exclusive Interviews Junior Mining Precious Metals Roo Gold

RooGold – Positioned to Be The Next Dominant Player in the New South Wales

RooGold (CSE: ROO | OTC: JNCCF)
https://roogoldinc.com/
info@roogoldinc.com
416-910-1440

10 HIGH-VALUE GOLD PROJECTS: Ten properties cover a total of 1091 km² and 106 historic gold mines and prospects within the highly mineralized but relatively under explored New England Orogenic Terrane and prolifically mineralized Lachlan Orogenic Belt. Mineralizaton is mostly of an orogenic type associated with large scale structures making for large attractive targets and lesser intrusion related types. Potential for listwanite hosted gold mineralization of the Bralorne and Motherlode type along the Peel-Manning suture zone.

4 HIGH-VALUE SILVER PROJECTS: Four properties cover a total of 289 km² and 31 historic gold-silver mines and prospects within the prolifically mineralized but relatively under explored New England Orogenic Terrane. All properties remain largely under explored since their discovery in the early 1900’s. Little to no historic drilling and almost no exploration Several styles of mineralization present including intrusion related vein stock work targets and low sulphidation epithermal types.

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Energy Junior Mining Precious Metals Roo Gold

Roo Gold Additional Exploration Licence On Peel-Manning

VANCOUVER, BC / ACCESSWIRE / May 4, 2022 / (CSE:ROO) (OTC PNK:JNCCF) (Frankfurt:5VHA) – RooGold Inc. (“RooGold” or the “Issuer“).

RooGold is pleased to report that it has acquired an additional, 100% held Exploration Licence (EL) 9390 in the highly prospective Peel-Manning Suture Zone of the New England Orogen in New South Wales, Australia.

Highlights

  • EL 9390 covers an area of 229 km2 and is strategically located in between Roo Gold’s Lorne (EL 9232) and Gold Belt (EL 9226) Projects.
  • The three Projects cover 435 km2 over a 65 km strike length of the Peel-Manning Suture Zone which is well known to host precious and base metal mineral deposits.
  • The Projects are located within 70 km of each other making for efficient logistics and work planning.
  • Landowner access negotiations and rock chip sampling to commence as soon as practicable at prospective mineral occurrences.

Carlos Espinosa, Chief Executive Officer and a Director of RooGold comments, “Exploration Licence 9390 is a valuable addition to Roo Gold’s tenure portfolio. EL 9390 is 100% held by Roo Gold and was strategically acquired for both its position over the serpentinite package of rocks along the Peel-Manning Suture zone and its close proximity to our Lorne and Gold Belt Projects, making logisitics and work planning more efficient. We look forward to commencing land access negotiations to facilitate field work as soon as practicable”

The Glenrock Project

The Glenrock Project, EL 9390, is located 15 km southeast of the Lorne Project (EL 9232) and 30 km northwest of Gold Belt Project (EL 9226). It covers over 20 km of the serpentinite belt of the Peel-Manning Suture Zone.

EL 9390 contains diverse geology that are known elsewhere in the region to host a variety of mineralisation styles that contain Au-Cu and base metal metallic mineral deposits. Rock types include serpentinites, flysch sequences, intrusives, volcanics and volcaniclastics, structurally located within in a complex, highly faulted system. This system may host numerous metallic mineralisation styles including lode gold with associated base metals. The tenement also contains mineral occurrences of copper-rich quartz veins containing malachite, bornite and chalcopyrite in serpentinite dykes up to 150 m long and 12 m wide. The tenement is significantly under-explored, has never been drilled and represents a ground-floor opportunity for the discovery of new metallogenic province.

Exploration Licence Application (ELA) 6429 was submitted to the Deparment of Regional NSW covering an area of 229 km2 on 3rd February 2022. On 11 April 2022, Exploration Licence (EL) 9390 was granted to Great Southern Precious Metals Pty Ltd, a 100% subsidiary company of Roo Gold Inc.

Following a historic data review and land access negotiations, Roo Gold will undertake a field reconnaissance trip and rock chip sampling to identify targets for follow up.

RooGold Inc., Wednesday, May 4, 2022, Press release picture
RooGold Inc., Wednesday, May 4, 2022, Press release picture

Figure 1: Location map with key geology and mineral occurrences of newly acquired EL 9390, Glenrock Project, in geographical relation to Roo Gold’s strategic tenement holding along the Peel-Manning Suture in the New England Orogen of New South Wales, Australia.

ROOGOLD is a Canadian based junior venture mineral exploration issuer which is uniquely positioned to be a dominant player in New South Wales, Australia, through a growth strategy focused on the consolidation and exploration of high potential, mineralized precious metals properties in this prolific region of Australia. Through its announced acquisitions of Southern Precious Metals Ltd., RooGold Ltd. and Aussie Precious Metals Corp. properties, RooGold commands a portfolio of 14 high-grade potential gold (10) and silver (4) concessions covering 1,537 km2 which have 139 historic mines and prospects.

For further information please contact:

Ryan Bilodeau
416-910-1440
info@roogoldinc.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”,”expect”, “project”, “intend”,”believe”, “anticipate”, “estimate” and other similarwords, or statements that certain eventsor conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, therecan be no assurance that such expectations will prove to be correct. Such forward-looking statements are subjectto risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: RooGold Inc.



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Categories
Junior Mining Precious Metals Roo Gold

RooGold Announces Appointment of Michael Singer to Board of Directors

VANCOUVER, BC / ACCESSWIRE / March 21, 2022 / (CSE:ROO) (OTC:JNCCF) (Frankfurt:5VHA) -RooGold Inc. (“RooGold” or the “Company“) is pleased to announce the appointment of Michael Singer to the Company’s board of directors. Mr. Singer replaces Warren Robb, who will stepping down to pursue other ventures.

Mr. Singer has extensive financial management, capital markets and corporate governance experience in the pharmaceutical and medical cannabis industries. He currently sits as a director of Aurora Cannabis Inc, having previously held the roles of interim CEO and Executive Chairman since May 2016. He formerly acted as the CFO of NASDAQ-listed Clementia Pharmaceuticals Inc., a Montreal based clinical stage biopharmaceutical company from May 2015 until July 2018. Michael has held numerous independent director roles in Canadian public health care companies. Michael is a chartered professional accountant (CPA, CGA) and holds a Graduate Diploma in Public Accounting from McGill University and a Bachelor of Commerce from Concordia University.

“We are very pleased to have Michael join our team at this time,” said Carlos Espinosa, President and CEO of RooGold. “Michael brings decades of experience in North American capital markets and an extensive network of contacts across many industries which will be of great benefit to the Company,” Mr. Espinosa continued “I would also like to thank Warren Robb for his valued contributions to RooGold, and wish him well in the future.”

Issuance of Stock Options

RooGold has issued 350,000 incentive stock options (the “Options“) to certain directors, officers, employees, and consultants of the Company. The Options have an exercise price of $0.30 and are exercisable for a period of five (5) years, expiring March 17, 2027. The Options will be subject to a two (2) year vesting schedule whereby 1/4th of the Options issued will vest every six (6) months from the Effective Date.

About RooGold Inc.

ROOGOLD is a Canadian based junior venture mineral exploration issuer which is uniquely positioned to be a dominant player in New South Wales, Australia, through a growth strategy focused on the consolidation and exploration of high potential, mineralized precious metals properties in this prolific region of Australia. Through its announced acquisitions of Southern Precious Metals Ltd., RooGold Ltd. and Aussie Precious Metals Corp. properties, RooGold commands a portfolio of 13 high-grade potential gold (9) and silver (4) concessions covering 1,380 km2 which have 137 historic mines and prospects.

For further information please contact:

Ryan Bilodeau
T: 416-910-1440
info@roogoldinc.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”,”expect”, “project”, “intend”,”believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: RooGold Inc.



View source version on accesswire.com:
https://www.accesswire.com/693932/RooGold-Announces-Appointment-of-Michael-Singer-to-Board-of-Directors

Categories
Energy Junior Mining Precious Metals Roo Gold

Carlos Espinosa Officially Joins RooGold as Chief Executive Officer

VANCOUVER, BC / ACCESSWIRE / March 7, 2022 / (CSE:ROO)(OTC PINK:JNCCF)(Frankfurt:5VHA) – RooGold Inc. (“RooGold” or the “Issuer“) would like to officially welcome Carlos Espinosa as Chief Executive Officer (CEO), President and member of the Board of Directors, effective as of March 4th, 2022.

Further to the news release dated February 9, 2022, Mr. Espinosa replaces Michael Mulberry, who will remain a Director of RooGold. Yana Borovskaya has officially stepped down from the Board of Directors concurrent with the appointment of Mr. Espinosa.

Carlos Espinosa commented, “I am very excited to join a company with a great team of professionals and excellent gold and silver assets in Australia, a country with a long mining tradition and one of the best mining jurisdictions in the world. I am sure that together we will build a fantastic story and an amazing company, adding value to our shareholders, as well as local communities, government, employees and consultants, and the rest of stakeholders around RooGold.”

Issuance of Stock Options

RooGold has issued 1,000,000 incentive stock options (the “Options“) to certain directors, officers, employees, and consultants of the Company, effective March 4, 2022 (the “Effective Date“). The Options have an exercise price of $0.30 and are exercisable for a period of five (5) years, expiring March 4, 2027. The Options will be subject to a vesting schedule whereby 166,667 Options will vest every six (6) months from Effective Date.

About ROOGOLD

ROOGOLD is a Canadian based junior venture mineral exploration issuer which is uniquely positioned to be a dominant player in New South Wales, Australia, through a growth strategy focused on the consolidation and exploration of high potential, mineralized precious metals properties in this prolific region of Australia. RooGold commands a portfolio of 13 high-grade potential gold (9) and silver (4) concessions covering 1,380 km2 which have 137 historic mines and prospects.

For further information please contact:

Ryan Bilodeau
T: 416-910-1440
info@roogoldinc.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTSRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: RooGold Inc.



View source version on accesswire.com:
https://www.accesswire.com/691800/Carlos-Espinosa-Officially-Joins-RooGold-as-Chief-Executive-Officer

Categories
Base Metals Junior Mining Precious Metals Roo Gold

RooGold Exploration Plans For Q1 & Q2 For Its Australian Exploration Project Portfolio

VANCOUVER, BC / ACCESSWIRE / February 17, 2022 / (CSE:ROO)(OTC PINK:JNCCF)(Frankfurt:5VHA) – RooGold Inc. (“RooGold” or the “Issuer“).

To Our Shareholders & Prospective Investors:

On February 9th 2022 RooGold announced their appointment of Carlos Espinosa as Chief Executive Officer (CEO), President and member of the Board of Directors, effective March 4th, 2022.

Carlos Espinosa comments, “As I transition into my role as CEO and President of RooGold, and with reconnaissance field work commencing at one of the Company’s flagship projects, I would like to take this opportunity to reach out to all RooGold shareholders and prospective investors. Specifically, I would like to recap RooGold’s substantial achievements in 2021, outline the Company’s immediate exploration plans for the first half of 2022 and importantly discuss the Company’s project acquisition strategy and commitment to value creation by reducing exploration risk”.

2021 Highlights

In 2021 RooGold consolidated a significant portfolio of high grade gold and silver properties in New South Wales Australia comprising 13 concessions within the prolifically mineralized New England and the Lachlan Orogens (Figure 1).

  • Concessions cover 1380 km2 and host at least 137 gold and/or silver mineralized showings, prospects and historical small scale mines.
  • Most concessions are located on regional scale structures with multiple gold and/or silver occurrences and mines along their length (Figure 1). Globally, the more significant gold and silver deposits are hosted along regional.
  • RooGold’s large land-holding, coupled with the large number of mineralized occurrences, prospects and historical mines, and diversity of deposit type, helps reduce exploration risk.
  • RooGold has acquired 100% of all properties, with no staged earn in payments, royalties or claw backs.
  • The Company has completed a comprehensive review of the extensive historical NSW government database and identified six priority concessions.

Figure 1: RooGold NSW concessions (Red) on a 90 m Digital Terrane Model showing showing gold (yellow) and silver (blue) occurrences and mines.

2022 Q1 & Q2 Work Program

RooGold’s immediate focus in 2022 will be rapid field reconnaissance of six high priority concessions that have been identified from the comprehensive data base review. RooGold’s work program will initially comprise of:

  • Acquisition of high resolution satellite and DEM data to provide a base for structural mapping and reconnaissance planning.
  • Establishment of a land-owner database and negotiation of land-owner access agreements for priority targets.
  • Reconnaissance mapping of six priority concessions, which will be followed by prospect mapping and target generation for the initial top three prospective properties.

Alexandra Bonner, RooGold’s Chief Operations Manager, comments, “The Company is preparing to commence its first field reconnaissance program at the end of February 2022 which will focus on the southern part of the Peel-Manning Fault system. RooGold will update investors in due course”.

Project Acquisition Strategy

RooGold’s acquisition strategy focused on reducing exploration risk through the acquisition of a large and diverse exploration portfolio of gold and silver targets, each hosting high grade showings, prospects and historical mines. Specifically:

  • Multiple Concessions: The likelihood of a mineral exploration discovery is generally better for companies with a diverse portfolio of targets, provided project acquisition is based on geological merit and project holding costs are sustainable.
  • Simple Deal Structure: RooGold holds 100% of all 13 concessions, with no staged earn in or joint venture payments. RooGold’s expenditures will be driven by exploration merit, not by deal terms.
  • Low Holding Costs: RooGold has committed to exploration expenditures of AUD $25,000 per concession in Year 1 and AUD $50,000 per concession in year two. This equates to AUD $325,000 Year 1 and AUD $650,000 Year 2, for all 13 concessions. RooGold has already met approximately AUD $175,000 of Year 1.
  • The Importance of Structure: Many factors influence the risk reward profile of exploration projects. This is highlighted by Figure 1 which shows a positive correlation between the distribution of gold mines, historical mines and prospects, and crustal scale structures. Some of these structures, such as the Peel-Manning Fault are suture zones marking former plate boundaries and associated magmatic arcs. Major faults provide fluid conduits for circulation of mineralizing fluids.

Figure 2: RooGold NSW concessions (Red) on an aeromagnetic base map. Note that regional scale structures exert a fundamental control on gold and silver mineralization.

Most of RooGold’s concessions are spatially associated with the major crustal structures, all of which are significantly gold mineralized along their length. Many of these structures have also shed significant gold alluvials, which is often a vector to hard rock mineralization.

  • Multiple Targets within Each Concession: Most concessions held by RooGold are large and contain multiple gold and/or silver showings, prospects and historical small scale mines. Not only does this speak to the prospectivity of each concession, but it provides multiple targets for a better risk reward profile.
  • High Grade: High grade exploration targets generally have a better exploration risk reward profile than low or marginal grade targets. A significant number of the 137 gold and/or silver mineralized showings, prospects and historical small scale mines have reported high to very high precious metal grades.
  • Very Limited Historical Drilling: Despite over 137 known high grade, gold and/or silver mineralized showings, prospects and historical small scale mines, only 28 holes have been drilled historically for 2046m. There has been almost no modern exploration across RooGold’s concessions, which allows for significant potential for discovery.

Carlos Espinosa notes, “RooGold’s extensive and highly prospective, yet largely under explored land holdings, in a stable and mining friendly country such as Australia, was an important factor in my decision to join RooGold as CEO. By owning multiple concessions, all 100% owned, with low holding and work commitment costs, and all with multiple high grade historical gold and silver showings, RooGold has sufficient exploration targets to significantly reduce the overall exploration risk”.

RooGold will be providing regular updates as the field program ramps up during Q1 of 2022.

ROOGOLD is a Canadian based junior venture mineral exploration issuer which is uniquely positioned to be a dominant player in New South Wales, Australia, through a growth strategy focused on the consolidation and exploration of high potential, mineralized precious metals properties in this prolific region of Australia. Through its announced acquisitions of Southern Precious Metals Ltd., RooGold Ltd. and Aussie Precious Metals Corp. properties, RooGold commands a portfolio of 13 high-grade potential gold (9) and silver (4) concessions covering 1,380 km2 which have 137 historic mines and prospects.

For further information please contact:

Ryan Bilodeau
T: 416-910-1440
info@roogoldinc.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: RooGold Inc.

Categories
Junior Mining Precious Metals Roo Gold

RooGold Announces Appointment of Carlos Espinosa as New CEO

VANCOUVER, BC / ACCESSWIRE / February 9, 2022 / (CSE:ROO)(OTC PINK:JNCCF)(Frankfurt:5VHA) – RooGold Inc. (“RooGold” or the “Issuer“) is pleased to announce the appointment of Carlos Espinosa as Chief Executive Officer (CEO), President and member of the Board of Directors, effective March 4th, 2022. Mr. Espinosa replaces Michael Mulberry, who will remain a Director of RooGold. In addition to these changes, Yana Borovskaya has agreed to step down from the Board of Directors concurrent with the appointment of Mr. Espinosa.

Carlos Espinosa is a mining executive with over 25 years of experience within Canadian capital markets, international business development and commercial banking. He is Director and former President & CEO of Monarca Minerals an exploration mining company with gold and silver assets in Mexico and former CFO of Fredonia Mining, Inc., a gold exploration mining company in Argentina.

Carlos has held Director roles with Silver X Mining, a silver producer from Peru and is a former advisor of Mineros SA, a Colombian gold producer with operations in Colombia, Nicaragua and Argentina. Prior to this, Mr. Espinosa was at the Toronto Stock Exchange (TSX) and the TSX Venture Exchange (TSXV), where he was Head of Business Development, Global Mining. Recognized for his leadership and long-term business relationships with C-level executives, government officials, and clients globally.

Mr. Espinosa earned an MBA from Kellogg School of Management at Northwestern University and a Bachelor of Business Administration at UNAM – “Universidad Nacional Autónoma de Mexico”.

Carlos Espinosa commented, “I am looking forward to working with such a formidable geological team, specifically, Alexandra Bonner, with her in-depth knowledge of New South Wales Australia, Quinton Hennigh, a world class economic geologist with immense experience and knowledge of Australian geology and Chris Wilson, another world class geologist that was responsible for pulling together such a large, highly prospective land package and is used to managing such district scale properties during his time as exploration manager of Ivanhoe.”

The RooGold Board of Directors would like to sincerely thank Michael Mulberry for his dedication, significant contributions, and years of service with the Company and we look forward to his continued contribution as a valued member of the Board. The Board of Directors would also like to thank Yana Bobroskaya for her valued contributions, and wish her success as she moves on to pursue other ventures.

Issuance of Stock Options

RooGold has issued 750,000 incentive stock options (the “Options“) to certain directors, officers, employees, and consultants of the Company. The Options have an exercise price of $0.25 and are exercisable for a period of five (5) years, expiring February 9, 2027. The Options will vest over a period of two (2) years from February 9, 2022 (the “Effective Date“), with 1/3rd vesting immediately, 1/3rd vesting one year from the Effective Date, and the final 1/3rd vesting two years from the Effective Date.

For further information please contact:

Ryan Bilodeau
T: 416-910-1440
info@roogoldinc.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTSRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: RooGold Inc.



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https://www.accesswire.com/687994/RooGold-Announces-Appointment-of-Carlos-Espinosa-as-New-CEO

Categories
Junior Mining Roo Gold

RooGold Announces Appointment Of Chief Operations Manager

VANCOUVER, BC / ACCESSWIRE / February 3, 2022 / (CSE:ROO)(OTC PINK:JNCCF)(Frankfurt:5VHA) – RooGold Inc. (“ RooGold” or the “Issuer“) is pleased to announce the appointment of Alexandra Bonner as Chief Operations Manager. Ms. Bonner is a professional geologist based in New South Wales (NSW) Australia with over 17 years of exploration, mining and corporate experience.

Most recently, Alexandra was employed at TriAusMin Ltd. and then Heron Resources Ltd. where she was involved in the development of the Woodlawn Zinc-Copper Mine including in-mine and near-mine exploration to feasibility status and regulatory management leading to acquisition of state development approvals and commercial production.

Ms. Bonner commented, “the RooGold executive team has put together a well-targeted and prospective package of gold and silver projects in the New England and Lachlan Fold Belt of New South Wales. In particular the New England projects are significantly under-explored and present exciting opportunities for establishing gold and silver targets, I look forward to building a team and advancing these projects”.

Ms. Bonner has established and managed project joint ventures, sought and acquired new projects as well as implementing operation health & safety and environmental management systems to best practice industry standards. Ms. Bonner served as Deputy Chair of Exploration on Committees of the Association of Mining and Exploration (AMEC) and NSW Minerals Council where she was instrumental in bringing about regulatory exploration on policy changes that have benefited the minerals exploration industry.

“I am excited to have Alexandra join the team at Roo. Her depth and breadth of experience with project management and execution will enable our already exceptional operations team to move to and execute at higher levels necessary to accelerate and sustain the growth of our resources and unlock our vast gold discovery potential,” said Michael Mulberry, CEO of RooGold.

For further information please contact:

Ryan Bilodeau
T: 416-910-1440
info@roogoldinc.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: RooGold Inc.

Categories
Junior Mining Roo Gold

RooGold Inc. Closes Definitive Agreement With RooGold Ltd.

VANCOUVER, BC / ACCESSWIRE / January 26, 2022 / (CSE:ROO) (OTC:JNCCF) (Frankfurt:5VHA) -Further to the August 30, 2021 news release, RooGold Inc. (“RooGold” or the “Issuer“) and 1267248 B.C. Ltd. (formerly RooGold, “Roo Private Co.”) are pleased to announce that New South Wales ministerial approval of the indirect change in control of Roo Private Co.’s wholly-owned subsidiary, Great Southern Precious Metals Pty Ltd. (the “Subsidiary“), has been received and the parties have now closed the Definitive Agreement in which RooGold has acquired Roo Private Co. and its Subsidiary, which holds 100% interests in nine (9) past producing and exploratory properties (the “Properties“) in New South Wales (NSW).

The Properties being acquired have hosted historical high-grade gold and silver production, but have limited exploration work conducted on them recently. The Properties provide diversity in terms of the deposit types and are controlled by renowned regional structures and contacts. One of these structures is the well-recognized Peel-Manning fault system. The Properties have had a combined total of 93 historic precious metals mines and prospects. Highly lucrative production grades of up to 384 g/t Au and 1,200 g/t Ag have been recorded on these historical mines. The Properties represent a very unique proposition: they possess a rare combination of having large exploration potential along with strong indications pointing towards the presence of high-grade mineralization through the significant historical mines and prospects.

The Company issued twenty million (20,000,000) common shares (the “Purchase Shares“) to the shareholders (“Shareholders“) of Roo Private Co. in exchange for all of the issued and outstanding shares of Roo Private Co. The Roo Private Co. Shareholders have entered into voluntary lockup undertakings wherein the Purchase Shares, which are otherwise free-trading, will be released as to 25% on February 27, 2022, 25% on August 27, 2022, an additional 25% on February 27, 2023, and the balance on August 27, 2023.

For further information please contact:

Ryan Bilodeau
(416) 910-1440
info@roogoldinc.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTSRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: RooGold Inc.



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Categories
Junior Mining Precious Metals Roo Gold

RooGold Closes Second Tranche of Private Placement

VANCOUVER, BC / ACCESSWIRE / January 20, 2022 / (CSE:ROO)(OTC PINK:JNCCF)(Frankfurt:5VHA) – Further to its October 4, 2021 news release, RooGold Inc. (“ RooGold ” or the “ Issuer “) announces that it has closed a second tranche of its previously announced Non-Brokered Unit Private Placement, on a post-Consolidation basis, by issuing 2,399,500 Units at $0.25 per Unit and raising $599,875.00. Each Unit consists of a Common Share and a half (1/2) a Common Share Purchase Warrant, each whole Warrant entitling the holder to purchase an additional Common Share at $0.40 per Share for a two year period from Closing. The term of the Warrants is subject to an Accelerator Clause that the Issuer can elect to trigger if the Issuer’s Share price trades above $0.50 for 30 consecutive trading days.

The net proceeds from the Private Placement, together with the net proceeds from the first tranche closing of $2,632,500, will be used for phase 1 exploration of RooGold’s Australian properties acquired from Southern Precious Metals Ltd. (see Aug. 19, 2021 news release), investor relations & marketing, as a reserve for exploration of its conditionally acquired Australian properties from 1267248 B.C. Ltd. (formerly, RooGold Inc.), and Aussie Precious Metals Corp, and for working capital.

In connection with the Private Placement, Foundation Markets Inc. received Finder’s Fees of $28,390 and 69,760 Finders’ Warrants, each Finder’s Warrant entitling the holder to purchase a Common Share at $0.32 for a two year period. The term of the Finder’s Warrants is subject to an Accelerator Clause that the Issuer can elect to trigger if RooGold’s shares trade above $0.50 for 30 consecutive trading days.

The Units are subject to a statutory restricted trading period expiring on May 21, 2022.

Market Awareness Engagement

RooGold also would like to announce that it has engaged Stockhouse Publishing Ltd. (“ Stockhouse “), which owns a streaming platform with one of the largest communities of retail investors in North America, to provide investor awareness and digital media communication services to the Company. Under the terms of the engagement, Stockhouse has been retained for a 12-month period at $120,000.00. Stockhouse records on average over 1 million unique investors per month, with over 400,000 registered members.

About ROOGOLD

ROOGOLD is a Canadian based junior venture mineral exploration issuer which is uniquely positioned to be a dominant player in New South Wales, Australia, through a growth strategy focused on the consolidation and exploration of highly mineralized precious metals properties in this prolific region of Australia. Through its acquisition of Southern Precious Metals Ltd., 1267248 B.C. Ltd. (formerly, RooGold Inc.) and Aussie Precious Metals Corp. properties, RooGold commands a portfolio of 13 high-grade potential gold (9) and silver (4) concessions covering 1,380 km2 which is home to 137 historic mines and prospects.

For further information please contact:

Michael Mulberry
T: 778-855-5001
info@roogoldinc.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: RooGold Inc.



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