Steppe Gold Ltd.

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steppegold.com/

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Company Press Releases

Steppe Gold Announces Q1 2023 Financial Results

Ulaanbaatar, Mongolia--(Newsfile Corp. - May 15, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the the quarter ended March 31, 2023.HIGHLIGHTS First Quarter Highlights (all figures in US$000's unless stated otherwise)Revenue for the three months ended March 31, 2023, was $9,525 on sales of 5,008 gold ounces and 651 silver ounces with average realized prices per ounce of $1,899 and $19 respectively.Production in the quarter was 6,993 ounces of gold and 19,877 ounces of silver.Operating income from...

Steppe Gold Completes $12.1M Upsized Private Placement, with Participation by Eric Sprott and Steppe Gold's Management

Ulaanbaatar, Mongolia--(Newsfile Corp. - May 11, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (the "Company"), is pleased to announce that it has successfully completed a non-brokered private placement (the "Private Placement"), raising a total of $12.1 million, which was upsized from the original estimate of $9 million. The private placement included participation from the Company's management and 2176423 Ontario, a company beneficially owned by Eric Sprott. Under the Private Placement, the Company issued an aggregate of 11,000,000 common shares of the Company (the "Common Shares") at...

Steppe Gold Ltd. Signs Arrangement Agreement to Acquire Anacortes Mining Corp. and Creates a Leading Diversified Precious Metals Producer

Ulaanbaatar, Mongolia--(Newsfile Corp. - May 8, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold") and Anacortes Mining Corp. (TSXV: XYZ) (OTCQX: XYZFF) ("Anacortes") are pleased to announce they have entered into an arrangement agreement (the "Arrangement Agreement") pursuant to which Steppe Gold will acquire all of the issued and outstanding common shares of Anacortes (the "Anacortes Common Shares") by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia), in an all share transaction (the "Transaction").Under the terms...

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