JLRRF
South Atlantic Gold Inc.·Basic Materials
0.09
0.000%(+0.00)
Close PriceLast Updated: — ET
52W L: $0.0052W H: $0.12
JLRRF NEWS
thenewswire.com
May 14
South Atlantic Gold Announces Stock Option and RSU Grants
Vancouver, B.C. – May 14, 2026 - TheNewswire – South Atlantic Gold Inc. (“ South Atlantic ” or the “ Company ” ) (TSX-V: SAO) announces that in accordance with the Company's stock option plan (the “ Plan ”) it has granted options (the “ Options ”) to purchase an aggregate of 14,750,000 common shares of the Company to certain directors and a consultant (collectively the “ Eligible Persons ”) of the Company. Each Option is exercisable into one Common Share at an exercise price of $0.14 per share. The Options are subject to certain vesting conditions and expire two years from the grant date. In accordance with the terms of the Company's Long Term Incentive Plan, the Company has also granted restricted share units (" RSUs ") representing the right to receive an aggregate 500,000 Common Shares, subject to the satisfaction of certain vesting conditions, to a certain Eligible Person of the Company.
thenewswire.com
Apr 14
South Atlantic Gold Commences Phase III Mobilization At Pedra Branca
Kelowna, British Columbia, April 14 , 2026 – TheNewswire — SOUTH ATLANTIC GOLD INC. (TSX-V: SAO) (OTC Pink: JLRRF) ("South Atlantic" or the "Company") is pleased to provide an exploration update and announce the commencement of mobilization for its fully funded Phase III diamond drill program at the Pedra Branca Gold Project in Ceara State, Brazil (see Figure 1). The 5,000-metre, approximately C$ 3.0 million program will conduct diamond drilling across three targets. Douglas Meirelles, President & CEO, stated: "During this initial phase of the current exploration program, we will test whether Queimadas target potentially extends to the depths, and could be comparable to similar documented hypozonal orogenic deposits, globally. As we advance this exploration program, and at the right time we will also conduct additional drilling at Mirador and Igrejinha— our three resource targets in the current NI 43-101 Technical Report from 2021. The ongoing program will be guided by results not only from these drilling programs, but all the additional geotechnical work and other support exploration activities already underway. We look forward to providing shareholders with a steady flow of results beginning in Q2 2026."
thenewswire.com
Mar 13
South Atlantic Announces Closing of Private Placement and Shares for Debt Arrangement
March 13, 2026 - TheNewswire – Vancouver, British Columbia – South Atlantic Gold Inc. (TSX-V:SAO) (“ South Atlantic ” or the “ Company ”) announces further to its news releases of February 13, 2026 and February 26, 2026, it has closed the non-brokered private placement offering (the “ Offering ”) for gross proceeds of C$4,200,000. The Offering consisted of the issuance of 84,000,000 common shares of the Company (the “ Shares ”) at a price of C$0.05 per Share. In connection with the Offering the Company paid aggregate finders' fees on externally sourced funds of $43,475 cash, issued 4,167,500 Shares (the “ Finder Shares ”) at a deemed price of $0.05 and issued 5,037,000 non-transferrable finders warrants (“ Finder Warrant ”). Each Finder Warrant will entitle the holder to acquire one Share at a price of C$0.065 until March 13, 2028.
