Market Herald logo


Be the first with the news that moves the market
  • Eclipse Gold Mining to begin trading on TSXV on February 18
  • Subscription receipts have been converted into common shares
  • CAD$5.4 million released from escrow
  • Funds to be used for the company’s Hercules property in Nevada, USA
  • Company website awaiting launch

Eclipse Gold Mining has taken the plunge as a publicly listed company after informing the market it has converted the subscription receipts in connection with the filing of their final prospectus with the British Colombia Securities Commission, into common shares of the company.

The move also releases about CAD$5.4 million held in escrow which will go towards advancing its Hercules property in Nevada, USA and the operation of the company.

It will also begin trading on the TSX Ventures exchange under the code EGLD on February 18.

Eclipse Gold Mining filed its final prospectus with the British Columbia Securities Commission on February 6, which qualifies the company to distribute the common shares of its capital and issuable for no additional consideration upon the deemed exercise of the 15,500,232 subscription receipts which were issued on November 19, 2019. The company also received a receipt for the prospectus filing.

TSXV confirmed that all listing requirements were met on February 7.

At the time of writing Eclipse Gold Mining’s website had not been launched.

More From The Market Herald
Green Shift Commodities - CEO, Trumbull Fisher.

" Green Shift (TSXV:GCOM) to acquire district-scale lithium property in Argentina

Green Shift (GCOM) will acquire a large lithium land package in Argentina.
Solomon Minerals Corp. - President & CEO, Tim Froude.

" Sokoman (TSXV:SIC) and Benton (TSXV:BEX) confirm cesium discovery

Sokoman Minerals (SIC) and Benton Resources (BEX) confirmed a significant high-grade cesium discovery at the Hydra Zone on the Golden Hope Project.

" Equity Metals (TSXV:EQTY) more than doubles resource estimate

Equity Metals Corporation (EQTY) has provided an updated report on the newly increased independent mineral resource estimate for the Silver Queen Project in
The Market Herald Video

" Stakeholder Gold (TSXV:SRC) shares carbon emissions for Q3,2022

Stakeholder Gold Corporation (SRC) shared Q3 results and announced emissions produced across the company’s operations in Q3 of 2022.