CA Market News
1週前
SRANAN GOLD Closes Oversubscribed $3.6 Million Private PlacementMay 27, 2026 5:46 PM
Newsfile/ NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /Vancouver, British Columbia--(Newsfile Corp. - May 27, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) (FSE: P84) ("Sranan" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement (the "Offering") for aggregate gross proceeds of $3,589,074.85.Under the Offering, the Company issued 23,927,165 units (each, a "Unit") at a price of $0.15 per Unit. Each Unit consists of one common share (a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire one additional Share at an exercise price of $0.275 for a period of forty-eight (48) months from the closing date. "We appreciate the strong support shown for this financing - both from new investors and from our existing shareholders," said Oscar Louzada, Chief Executive Officer of Sranan Gold. "This financing fully funds an aggressive 12,500-metre drill program across our Tapanahony Project and allows us to break ground on exploration at Lawatino, where our fracture density modelling has already defined compelling structural targets along the same shear zone driving recent discoveries by our neighbour Founders Metals. We look forward to delivering meaningful results from both projects in the months ahead."All securities issued under the Offering are subject to a statutory hold period of four months and one day from the closing date, in accordance with applicable Canadian securities laws. The Offering remains subject to the final approval of the Canadian Securities Exchange.Insider ParticipationRon Shenton, a Director of the Company, participated in the private placement, purchasing a total of 268,000 Units. Such participation constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The issuance to the insider is exempt from the valuation and minority shareholder approval requirements of MI 61-101 by virtue of the exemptions contained in sections 5.5(a) and 5.7(1)(a), as neither the fair market value of the securities issued to the related party nor the consideration paid by the related party exceeded 25% of the Company's market capitalization.The Company paid cash finder's fees totalling $106,689 and issued a total of 1,247,257 finder's warrants, in accordance with the policies of the Canadian Securities Exchange. Each finder's warrant entitles the holder to acquire one additional Share at an exercise price of $0.15 for a period of forty-eight (48) months from the closing date.Use of ProceedsThe Company intends to use the net proceeds of the Offering to advance its Suriname exploration portfolio, support ongoing operations, and fund working capital, general corporate purposes, and marketing initiatives.At the Company's Tapanahony Project, a 12,500-metre diamond drilling program is ongoing to test the extension of the high-grade gold mineralization at Randy's Pit and to drill the Poeketi Zone, where artisanal miners have recently been accessing high-grade gold veins associated with quartz veining emplaced within the Poeketi Shear Zone. On February 10, 2026, Sranan announced that it had acquired the Lawatino Gold Project, located adjacent to Founders Metals' Antino Property. Sranan is preparing to commence field work immediately, including geological mapping, prospecting and sampling with the goal of identifying drill targets. As part of its preliminary work, the Company recently completed a fracture density survey over the Lawatino concession, which highlighted extensive zones of structural complexity along the Central Guiana Shear Zone, the same regional structure that hosts Founders Metals' discoveries.Figure 1 - Lawatino Property Fracture Density Model, illustrating structural targets along the Central Guiana Shear Zone adjacent to Founders Metals' Antino Property.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10997/299147_1cccad6d343588b3_001full.jpgHigh fracture density (shown in purple in the figure above) is a key indicator of structural preparation favourable for hydrothermal fluid flow and gold mineralization. The model identifies several high-priority target areas within the Lawatino concession that will be the focus of the Company's upcoming field program.This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws.Qualified PersonMr. Michael Dufresne, M.Sc., P.Geo., a "Qualified Person" as defined under National Instrument 43-101 ("NI 43-101"), has reviewed and approved the scientific and technical information contained in this release. Mr. Dufresne is independent of the Company, as that term is defined under NI 43-101.About Sranan GoldSranan is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The Company's flagship Tapanahony Project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts, and Sranan announced the acquisition of the 18,468-hectare Lawatino Project in February 2026 of the 18,468-hectare Lawatino Project situated in southeastern Suriname along the Central Guiana Shear Zone.For more information, please visit sranangold.com.Contact Information Oscar Louzada, CEO
+31 6 25438975THE CANADIAN SECURITIES EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.Forward-Looking StatementsCertain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "goal", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR+ (www.sedarplus.ca), under the Company's profile. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the successful closing of the Offering described in this release, the timing of exploration activities including drilling, the results of exploration activities, the realization of resource and reserve estimates, metal prices, taxation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299147 Original: SRANAN GOLD Closes Oversubscribed $3.6 Million Private Placement
CA Market News
1月前
SRANAN GOLD Announces Private Placement of Up to $3 Million Led by Concept Capital Management LtdApril 27, 2026 7:15 AM
Newsfile/ NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /Vancouver, British Columbia--(Newsfile Corp. - April 27, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) (FSE: P84) ("Sranan" or the "Company") is pleased to announce a non-brokered private placement on a prospectus-exempt basis of up to 20,000,000 units (each, a "Unit") at a price of $0.15 per Unit for aggregate gross proceeds of up to $3,000,000 (the "Offering"). The Offering is being led by a strategic investor, Concept Capital Management Ltd., for $800,000.Each Unit will consist of one (1) common share (each, a "Share") in the capital of the Company and one-half (1/2) common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to acquire one Share from the Company at a price of $0.275 per Share for a period of forty-eight (48) months from the date of issuance.The Units will be offered to accredited investors pursuant to applicable prospectus exemptions in accordance with National Instrument 45-106 - Prospectus Exemptions. All Shares issued will be subject to a hold period of four months and one day from any closing date. Sranan may pay finders' fees of not more than 6% in respect of those purchasers under the Offering introduced to it by certain arm's-length persons in accordance with the policies of the Canadian Securities Exchange ("CSE"). The Offering is expected to close on or prior to May 31, 2026 and is subject to certain customary closing conditions. The Offering is subject to the approval of the CSE. The Company intends to use the net proceeds of the Offering as follows:An additional 5,000-metre diamond drilling program at Randy's Pit and a 5,000-metre Phase one drilling campaign at Poeketi, both on the Tapanahony Project in Suriname, as well as a field exploration program along the South Intrusion and West Poeketi targets;Field work, mapping, sampling, and other exploration activities on the Company's recently acquired Lawatino concession in the Lawa region along the Central Guiana Shear Zone, adjacent to Founders Metals and Miata Metals;Working capital requirements; and,General corporate purposes as well as marketing initiatives.This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the U.S. Securities Act), unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. This press release is not for distribution to U.S. newswire services nor for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.About Sranan GoldSranan is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The Company's flagship Tapanahony Project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts, and Sranan recently announced the acquisition of the 18,468-hectare Lawatino Project situated in southeastern Suriname along the Central Guiana Shear Zone.For more information, please visit sranangold.com.Contact Information Oscar Louzada, CEO
+31 6 25438975THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.Forward-looking StatementsCertain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "goal", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR+ (www.sedarplus.ca), under the Company's profile. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the successful closing of the Offering described in this release, the timing of exploration activities including drilling, the results of exploration activities, the realization of resource and reserve estimates, metal prices, taxation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294257
Original: SRANAN GOLD Announces Private Placement of Up to $3 Million Led by Concept Capital Management Ltd
CA Market News
2月前
Sranan Gold Mobilizes Second Drill Rig onto its Tapanahony Project Targeting 5,000-Metres along the Poeketi Zone.April 15, 2026 7:25 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 15, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) (FSE: P84) ("Sranan" or the "Company") announces that it has commenced a 5,000-metre diamond drill program focused on the high-grade Poeketi Zone located 4.5 kilometres northwest of the Randy's Pit Zone where a 7,500-metre Phase II drill program has been in progress since January 2026.The Poeketi and Randy's Pit Zones, both hosting numerous artisanal pits and shallow underground mines extracting high-grade coarse gold, lie along the Poeketi Shear Zone ("PSZ"). Over the past months, artisanal miners have continued surface and underground mining along several pits in the Poeketi Zone. Drilling has commenced in the southeastern corner in an area referred to as the New Pit. These new workings establish a mineralized corridor for the Poeketi Zone of approximately 1 kilometre, which will be tested by the 5,000-metre drill program (see Figure 1).Rock chip sampling from the Poeketi Zone surface pits, undertaken by Sranan during 2025, returned gold grades up to 108.3 grams per tonne ("g/t"), 84.5 g/t, 26.7 g/t and 25.8 g/t (See Sranan news releases dated May 15, 2025 and October 7, 2025). Gold mineralization along the PSZ is hosted within silicified zones and quartz veins forming within sheared basalts that are locally cut by pegmatitic dykes. Artisanal miners extract coarse gold mineralization from the saprolite overlying the PSZ and from quartz veins followed underground from surface. Commenting on the expanded drill program, Oscar Louzada, CEO stated: "The mobilization of the second drill rig enables us to accelerate our exploration activities along the prolific PSZ and quickly follow up on the expansion of artisanal mining activities in the Poeketi Zone area. With this 5,000-metre Poeketi Zone drill program and the continuing Randy's Pit Zone drilling, we are targeting a minimum of 12,500 metres of drilling during 2026 supporting our overall goal of establishing the continuity of gold mineralization along the entire +4.5 kilometre PSZ."In addition to the drilling program, Sranan is expanding its sampling and trenching program with the goal of extending the known PSZ-associated gold mineralization up to 2.5 kilometres northwest of the Poeketi Zone (see Figure 2). Additional saprolite pits and exposures along creeks are being mapped and sampled.At the Randy's Pit Zone, continued drilling has outlined gold mineralization along 800 metres of PSZ strike length and the mineralization remains open in both directions. Trenching will commence to the southeast of the Randy's Pit Zone to determine the continuity of mineralization outside of the area of known mineralization.Figure 1. Initial Planned Poeketi Zone Drill Program (5,000 m). First hole 26PODD-037To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10997/292629_figure1.jpgFigure 2. Poeketi Shear Zone, Tapanahony Project. NW Poeketi Zone Sampling/Trenching ProgramTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10997/292629_figure2.jpgLawatino ProjectThe Company is in the early stages of planning an exploration program for its 18,468-hectare Lawatino Gold Property strategically located in the Asisi Creek area along the same deep-seated regional structure, the Central Guiana Shear Zone, that controls the gold mineralization on Founders Metals' Antino Gold Project and Miata Metals' Sela Creek Project, two of the most active gold exploration projects in Suriname.Qualified PersonMr. Michael Dufresne, M.Sc., P.Geol., P.Geo., a "Qualified Person" as defined under National Instrument 43-101 ("NI 43-101"), has reviewed and approved the scientific and technical information contained in this release. Mr. Dufresne is independent of the Company, as that term is defined under NI 43-101.About Sranan GoldSranan is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The Company's flagship Tapanahony Project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts and Sranan recently announced the acquisition of the 18,468-hectare Lawatino Project situated in southeastern Suriname along the Central Guiana Shear Zone.For more information, please visit sranangold.com.Contact Information Oscar Louzada, CEO
+31 6 25438975THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.Forward-looking StatementsCertain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "goal", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR+ (www.sedarplus.ca), under the Company's profile. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the timing of exploration activities including drilling, the results of exploration activities, the realization of resource and reserve estimates, metal prices, taxation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292629
Original: Sranan Gold Mobilizes Second Drill Rig onto its Tapanahony Project Targeting 5,000-Metres along the Poeketi Zone.
CA Market News
2月前
Sranan Gold Step-Out Drilling Extends Randy's Pit Gold Mineralization 200 Metres NorthwestMarch 25, 2026 7:30 AM
NewsfileEdmonton, Alberta--(Newsfile Corp. - March 25, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) (FSE: P84) (Tradegate: P84) ("Sranan" or the "Company") reports that the gold mineralization at the Randy's Pit Zone has been extended 200 metres ("m") to the northwest along the regional Poeketi Shear Zone (PSZ) with drill hole 26RADD-027 returning 7.5 m grading 1.22 g/t Au. Mineralization has now been traced to a total of 800 metres along the 5km shear zone and remains open in all directions.HighlightsRandy's Pit Zone returns 20 metres at 1.33 g/t Au (26RADD-025) including two one metre intervals grading 6.23 g/t Au and 6.66 g/t Au (Figure 2) and remains open to depth and along strike.Step-out drilling intersected the PSZ 200 metres to northwest of the Randy's Pit Zone confirming continuation of gold mineralization along the PSZ (Figure 3).Commenting on the assay results, Oscar Louzada, CEO of SRANAN said, "These recent results confirm that the PSZ has the potential to host gold mineralization along its entire 5-kilometre strike length between the Randy's Pit area and the Poeketi Zone, two areas of continued artisanal mining. Trenching completed by SRANAN in 2025, showed that the PSZ can be up to 800 m wide providing substantial room for expansion not only along strike but perpendicular to strike in sub-parallel zones as well. As the 2026 drill season progresses, we will continue to focus on tracing the gold mineralization along the largely untested PSZ."Table 1: Summary of Recent Mineralized Intercepts*Hole IDFrom (m)To (m)Interval (m)Au (g/t)26RADD-024
0.06.06.00.3226RADD-025
53.063.010.00.40Including 62.063.01.01.52
80.083.03.01.11
92.5112.520.01.33Including96.597.51.06.23and100.5101.51.06.66
118.5121.53.00.68
139.0147.58.50.8426RADD-026
0.04.54.50.71
51.556.04.51.21
68.075.57.51.2226RADD-027
0.04.54.50.71
40.555.515.00.47
66.069.03.00.83* Minimum 1 m intercepts at a 0.3 g/t Au cut-off grade with internal dilution up to 10 m. Widths shown are downhole intervals and not true widths. Insufficient geological information is currently available to establish true widths. Table 2: Coordinates and Orientations of Drill Holes Reported in this Release Hole IDUTME (m)UTMN (m)Elevation (m)TargetAzimuth
(°)Dip
(°)Depth
(m)26RADD-024766349.9455512.2144.425m north and depth 26RADD-02290-6019126RADD-025766298.9455483.0133.0Depth and west of 25RADD-00990-5023026RADD-026766325.0455750.0154.0North trench anomalies90-4520426RADD-027766323.0455699.0157.1North trench anomalies90-45173 Geological InterpretationDrill hole 26RADD-025 (Figure 3) was designed to test the down-dip extension of the significant gold mineralization intersected at depth in holes 25RADD-009 and 25RADD-010 assessing the potential for vertical continuity along the three shallowing plunging gold zones identified within the established PSZ structural corridor. All three mineralized domains are hosted within a well-developed mylonitic shear zone cutting basalt characterized by ankerite and sericite alteration with moderate to weak silicification. Sulphide mineralization, comprising pyrrhotite and pyrite, occurs along shear planes and is spatially associated with gold mineralization. Drill holes 26RADD-026 and 26RADD-027 tested continuity of the PSZ 250 m north of hole 26RADD-025. Further drill holes will be completed along this section to test for changes or deflections in the PSZ. Trenching completed in 2025 traced the PSZ over a strike length of 800 m.Quality Control & Quality Assurance Drill core produced by the drill rigs was extracted from the core tubes by the drill contractor, marked for consistent orientation and placed in core boxes with appropriate depth markers added. Full core boxes were then sealed before being transported by SRANAN personnel to the Sranan Gold Tapanahony basecamp. Core at the camp is logged, checked for recovery, and marked for assays by SRANAN personnel. Samples are split by a diamond saw, and samples are placed in sealed bags and ensuring that the left side of the core is consistently sampled. Reference numbers are assigned to each sample and each sample is weighed. The core trays with the remaining half-core are photographed and stored in racks at the Company's camp. Bagged samples are secured and sent to Filab preparation facility located in Paramaribo, Suriname. Samples are processed and assayed by Filab, a Bureau Veritas Certified Laboratory (under ISO 9001:2015), which is independent of the Company. Samples are crushed to 75% passing 2.35 mm screen, riffle split (700 g) and pulverized to 85% passing 88 µm. Samples are analyzed using a 50-gram fire assay with an Atomic Absorption (AA) finish. All samples >2 g/t Au are re-assayed with 50-gram re-assay and gravimetric finish. All samples with visible gold identified during core logging are re-assayed with 50 gm re-assay and gravimetric assay.Within every batch of approximately 20 samples, at least one certified reference material standard ("CRM") and one blank are included to monitor accuracy and contamination. Blanks are placed at the start of each hole, at regular intervals, and immediately after mineralized shear zones to ensure the integrity of the assay process. CRMs are inserted within and after mineralized zones with placement designed so that each 20-sample sequence contains one standard. Field duplicates are collected at least once per hole in shear zones and additionally at fixed intervals to assess precision and repeatability. No data quality problems were indicated by the QA/QC program.Figure 1. Photograph of a portion of the mineralized interval from 26RADD-025 including:96.5 to 97.5m (left) grading 6.23 g/t Au; and 100.5m-101.5m (right) grading 6.23 g/t Au. Zones intersected show strong sericite-silica alteration with syn shearing extensional veins with Py and Po in selvages.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10997/289787_de4f80f924d9ba57_009full.jpgFigure 2. Randy's Pit Target - Cross Section 455475N (looking north) with
26RADD-025 Showing Depth Continuation and Widening of the PSZTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10997/289787_de4f80f924d9ba57_010full.jpgFigure 3. Randy's Pit Target - Drill Plan with Assay Results
from Current Press ReleaseTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10997/289787_de4f80f924d9ba57_011full.jpgQualified PersonMr. Michael Dufresne, M.Sc., P.Geol., P.Geo., a "Qualified Person" as defined under National Instrument 43-101 ("NI 43-101"), has reviewed and approved the scientific and technical information contained in this release. Mr. Dufresne is Independent of the Company, as that term is defined under NI 43-101.About Sranan GoldSranan is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The Company's flagship Tapanahony Project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts and Sranan recently announced the acquisition of the 18,468-hectare Lawatino Project situated in southeastern Suriname along the Central Guiana Shear Zone.For more information, please visit sranangold.com.Contact Information Oscar Louzada, CEO
+31 6 25438975THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.Forward-looking StatementsCertain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "goal", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR+ (www.sedarplus.ca), under the Company's profile. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the timing of exploration activities including drilling, the results of exploration activities, the realization of resource and reserve estimates, metal prices, taxation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289787
Original: Sranan Gold Step-Out Drilling Extends Randy's Pit Gold Mineralization 200 Metres Northwest
CA Market News
3月前
Sranan Announces Revocation of MCTOMarch 20, 2026 10:56 AM
NewsfileEdmonton, Alberta--(Newsfile Corp. - March 20, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) ("Sranan" or the "Company") is pleased to announce that the Management Cease Trade Order (the "MCTO") issued on January 29, 2026 by the Alberta Securities Commission (the "ASC") has been revoked, effective March 19, 2026. The MCTO applied only to the Company's CEO and CFO and did not affect trading by other shareholders, including the public.The Company confirms that it has completed the filing of its annual audited financial statements, management's discussion and analysis, and CEO and CFO certifications for the fiscal year ended September 30, 2025 (collectively, the "Required Filings"), and its interim financial statements for the first quarter ended December 31, 2025.Copies of the Required Filings and the interim first-quarter financial statements are available under the Company's profile on SEDAR+ at www.sedarplus.ca.About Sranan Gold
Sranan is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The Company's flagship Tapanahony Project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts and Sranan recently announced the acquisition of the 18,468-hectare Lawatino Project situated in southeastern Suriname along the Central Guiana Shear Zone.For more information, please visit http://www.sranangold.com. For further information, please contact:
Oscar Louzada, CEO
+31 6 25438975THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.Forward-looking statements
Certain statements made and information contained herein may constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to Sranan and there is no assurance that the actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as "anticipates," "believes," "targets," "estimates," "plans," "expects," "may," "will," "could" or "would." Forward-looking statements are subject to various risks, uncertainties, and other factors that could cause actual results or events to differ materially from those expressed or implied by such statements. Sranan does not undertake any obligation to update forward-looking statements or information, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedarplus.ca.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289336
Original: Sranan Announces Revocation of MCTO
CA Market News
3月前
Sranan Announces Filing of Required Filings and First Quarter Financial StatementsMarch 17, 2026 7:30 AM
NewsfileEdmonton, Alberta--(Newsfile Corp. - March 17, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) ("Sranan" or the "Company") confirms that it has completed the filing of its annual audited financial statements, management's discussion and analysis, and CEO and CFO certifications for the fiscal year ended September 30, 2025 (collectively, the "Required Filings"), and its interim financial statements for the first quarter ended December 31, 2025.The Required Filings were made in connection with the management cease trade order (the "MCTO") issued by the Alberta Securities Commission, as principal regulator for the Company, on January 29, 2026, which restricted trading in securities of the Company by Sranan's CEO and CFO, until the Required Filings were completed. The MCTO did not affect trading by other shareholders, including the public.With the filing of the Required Filings, the Company expects that the MCTO will be lifted by the Alberta Securities Commission in due course. The Company will issue a further news release once the MCTO has been formally revoked.The Company confirms that it is otherwise up to date with its continuous disclosure obligations.For further information with respect to the MCTO, please refer to the Company's news releases available for viewing on the Company's SEDAR+ profile at www.sedarplus.ca.About Sranan Gold
Sranan is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The Company's flagship Tapanahony Project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts and Sranan recently announced the acquisition of the 18,468-hectare Lawatino Project situated in southeastern Suriname along the Central Guiana Shear Zone.For more information, please visit http://www.sranangold.com. For further information, please contact:
Oscar Louzada, CEO
+31 6 25438975THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.Forward-looking statements
Certain statements made and information contained herein may constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to Sranan and there is no assurance that the actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as "anticipates," "believes," "targets," "estimates," "plans," "expects," "may," "will," "could" or "would."This news release contains forward-looking statements, including, but not limited to, statements regarding management's expectations about obtaining the MCTO and completing the Required Filings within the anticipated timeline. Forward-looking statements are subject to various risks, uncertainties, and other factors that could cause actual results or events to differ materially from those expressed or implied by such statements. Sranan does not undertake any obligation to update forward-looking statements or information, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedarplus.ca.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288788
Original: Sranan Announces Filing of Required Filings and First Quarter Financial Statements
CA Market News
3月前
Sranan Provides Update on Late Filing of Financial Statements; Extends MCTOMarch 4, 2026 5:17 PM
NewsfileEdmonton, Alberta--(Newsfile Corp. - March 4, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) ("Sranan" or the "Company") continues to work towards the filing of its annual audited financial statements, management's discussion and analysis, and CEO and CFO certifications for the fiscal year ended September 30, 2025 (the "Required Filings"). The Company has obtained approval from the Alberta Securities Commission to extend the Management Cease Trade Order ("MCTO") under National Policy 12-203 Management Cease Trade Orders ("NP 12-203") until March 15, 2026.The additional delay in filing is attributable to the timing of certain outstanding third-party confirmations, including from an international vendor and the Company's bank in Suriname, which were received later than anticipated. As a result, completion of the audit was deferred by approximately one week. The audit is now in its final stages, with only minor outstanding items remaining. Sranan remains in ongoing communication with its auditor to confirm any remaining documentation requirements and has committed to providing any outstanding materials promptly upon request. Sranan anticipates that the Required Filings will be completed on or before March 13, 2026. The interim first-quarter financial statements are expected to be filed within 48 hours thereafter, and in any event no later than March 15, 2026. The Required Filings were due to be filed by January 28, 2026. In connection with the anticipated delays in making the Required Filings, the Company made an application for a Management Cease Trade Order ("MCTO") under National Policy 12-203 Management Cease Trade Orders ("NP 12-203") to the Alberta Securities Commission, as principal regulator for the Company, and the MCTO was issued on January 29, 2026. The MCTO restricts all trading by the Company's CEO and CFO in securities of the Company, whether direct or indirect. The issuance of the MCTO does not affect the ability of persons who are not directors, officers or insiders of the Company to trade their securities. The MCTO will remain in effect until the Required Filings are filed or until it is revoked or varied.Both the Company and its auditors are working diligently towards the completion and filing of the Required Filings, and the Company will provide additional updates.The Company confirms that it intends to satisfy the provisions of the alternative information guidelines described in NP 12-203 by issuing bi-weekly default status reports in the form of a news release until it meets the Required Filings requirement. The Company has not taken any steps towards any insolvency proceeding and the Company has no material information relating to its affairs that has not been generally disclosed.For further information with respect to the MCTO, please refer to the Company's news releases dated January 21, 2026, February 4, 2026, and February 18, 2026, available for viewing on the Company's SEDAR+ profile at www.sedarplus.ca.About Sranan Gold
Sranan is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The Company's flagship Tapanahony Project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts and Sranan recently announced the acquisition of the 18,468-hectare Lawatino Project situated in southeastern Suriname along the Central Guiana Shear Zone.For more information, please visit http://www.sranangold.com. For further information, please contact:
Oscar Louzada, CEO
+31 6 25438975THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.Forward-looking statements
Certain statements made and information contained herein may constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to Sranan and there is no assurance that the actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as "anticipates," "believes," "targets," "estimates," "plans," "expects," "may," "will," "could" or "would."This news release contains forward-looking statements, including, but not limited to, statements regarding management's expectations about obtaining the MCTO and completing the Required Filings within the anticipated timeline. Forward-looking statements are subject to various risks, uncertainties, and other factors that could cause actual results or events to differ materially from those expressed or implied by such statements. Sranan does not undertake any obligation to update forward-looking statements or information, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedarplus.ca.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286289
Original: Sranan Provides Update on Late Filing of Financial Statements; Extends MCTO
CA Market News
4月前
Sranan Gold Drilling Continues to Expand Randy's Pit TargetFebruary 19, 2026 7:20 AM
NewsfileRandy's Pit Extended 25 Metres to the Northwest with 20.6 Metres At 0.64 g/t Gold and 50 Metres to the Southeast with 6.58 g/t Gold over 4 MetresEdmonton, Alberta--(Newsfile Corp. - February 19, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) (FSE: P84) (Tradegate: P84) ("Sranan" or the "Company") announces assay results from its ongoing 2026 diamond drilling program currently focused on the Randy's Pit target. These results continue to extend Randy's Pit gold mineralization with significant near-surface assay results returned (Table 1). Randy's Pit lies along the +4.5-kilometre Poeketi Shear Zone ("PSZ") which represents one shear zone on Sranan's 29,000-hectare Tapanahony Gold Project.Drill hole 26RADD-023 encountered 30 metres ("m") of 0.67 grams per tonne gold ("g/t Au") starting at 99 m downhole and including a one metre interval assaying 12.53 g/t Au from 106 m. The hole was designed to test the up-dip extension of the significant mineralization intersected at depth in holes 25RADD-013 and 25RADD-004, successfully assessing the vertical continuity within the established PSZ (Figure 2). In drill hole 26RADD-021, an interval of 4 metres averaged 6.58 g/t Au, including one metre grading 21.8 g/t Au. Hole 26RADD-022 contained a 20.6 m interval of 0.64 g/t Au starting from surface. Drill hole 26RADD-020 tested the structural and mineralized gap between the northern and southern portions of the Randy's Pit target. The mineralization intersected in this hole correlates well with mineralization encountered in the southernmost drill holes, supporting structural continuity across the target area.Table 1: Mineralized intercepts drilled by SrananHole ID
FromToInterval*Au (metres)(g/t)26RADD-020
51.061.510.50.41
72.074.72.70.9626RADD-021
115.0119.04.06.58Including115.0116.01.021.80Including118.0119.01.03.9726RADD-022
0.020.620.60.64
6.516.610.10.96
114.0119.05.02.24Including114.0117.03.03.4226RADD-023
99.0107.08.01.73Including106.0107.01.012.53
125.0155.030.00.67Including150.0153.03.03.78
185.0191.06.00.67 *Intervals are composited at a 0.3 g/t Au cut-off with internal dilution up to 10 m tolerated. Widths shown are downhole intervals and may not represent true widths. True widths are unknown.The PSZ, which hosts the known gold mineralization at Randy's Pit, is a mylonitic shear zone cutting folded and strained basalt?. At Randy's Pit, the PSZ is an oblique dextral reverse shear zone? with the main higher-grade mineralization plunging northwest along the shear fabric?. PSZ shows progressive strain with pre and post shear extensional vein sets? and visible gold often seen on shear planes in the core.Figure 1. Randy's Pit Drill Assay Plan - Highlighting Results from Holes 26RADD-020 to 26RADD-023To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10997/284501_0c523836a4d878eb_001full.jpgFigure 2. Randy's Pit Section 455430 N - Highlighting the Relationship Between 26RADD-23 and earlier holes 25-RADD-04 and 25 RADD-013To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10997/284501_0c523836a4d878eb_002full.jpgTable 2: Drill Hole Locations from This ReleaseHole IDUTME
(m)UTMN
(m)Elevation
(m)Azimuth
(°)Dip
(°)Depth
(m)26RADD-020766406455299155.790-4513126RADD-021766408455151153.790-4519726RADD-022766341455497144.490-6015226RADD-023766273455435123.190-50326 Dr. Dennis J. LaPoint, Executive Vice President of Exploration and Business Development, notes that the current drilling is progressing well with positive drill results and efficient drilling. "We are expanding the Randy's Pit target to the north with trenching and drilling and the PSZ continues to be a well mineralized gold system with multiple ore shoots, high grades, favorable widths at shallow depths and frequent visible gold seen in core. Further drilling will extend to depth and to the south."Samples were prepared and assayed by Filab in Paramaribo, Suriname. All samples >2 g/t were re-assayed with 50 gm re-assay and gravimetric assay. Standard QA/QC procedures were followed and showed a satisfactory level of reproducibility. The Company notes that the drill intercepts may not represent true underlying mineralization as core sample intervals are used. Core logging and photography and sampling are completed under industry standard QA/QC protocols (Oreas certified reference materials, assayed coarse blanks, duplicates of core).Qualified PersonDr. Dennis J. LaPoint, Ph.D., P.Geo., a "qualified person" as defined under National Instrument 43-101, has reviewed and approved the scientific and technical information contained in this release. Dr. LaPoint is not independent of Sranan Gold, as he is the Company's EVP of Exploration and Corporate Development.About Sranan Gold Corp.Sranan is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The Company's flagship Tapanahony Project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts and Sranan recently announced the acquisition of the 18,468-hectare Lawatino Project situated in southeastern Suriname along the Central Guiana Shear Zone.For additional information, please visit www.sranangold.com.Contact Information:Oscar Louzada, CEO
+31 6 25438975THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.Forward-looking Statements Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR+ (www.sedarplus.ca), under the Company's profile. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284501
Original: Sranan Gold Drilling Continues to Expand Randy's Pit Target
CA Market News
4月前
Sranan Provides Update on Late Filing of Financial StatementsFebruary 18, 2026 9:17 PM
NewsfileEdmonton, Alberta--(Newsfile Corp. - February 18, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) ("Sranan" or the "Company") continues to work towards the filing of its annual audited financial statements, management's discussion and analysis, and CEO and CFO certifications for the fiscal year ended September 30, 2025 (the "Required Filings"). The previously identified transactional complexities have been addressed, and the review of the transactions is ongoing. The principal remaining items relate to transaction accounting testing and clarification of VAT treatment in Suriname, with other minor items including tax provision calculations, confirmations, and procedural documentation. As the audit has progressed, the volume of supporting documentation has increased and is being provided to the auditor, resulting in outstanding audit items representing approximately 18%. Sranan remains in ongoing communication with its auditor to confirm any remaining documentation requirements and has committed to providing any outstanding materials promptly upon request. Sranan anticipates that the audited financial statements will be completed and filed on or before February 27, 2026. The Required Filings were due to be filed by January 28, 2026. In connection with the anticipated delays in making the Required Filings, the Company made an application for a Management Cease Trade Order ("MCTO") under National Policy 12-203 Management Cease Trade Orders ("NP 12-203") to the Alberta Securities Commission, as principal regulator for the Company, and the MCTO was issued on January 29, 2026. The MCTO restricts all trading by the Company's CEO and CFO in securities of the Company, whether direct or indirect. The issuance of the MCTO does not affect the ability of persons who are not directors, officers or insiders of the Company to trade their securities. The MCTO will remain in effect until the Required Filings are filed or until it is revoked or varied.The Company currently expects to file its interim first-quarter financial statements on or before the applicable filing due date.Both the Company and its auditors are working diligently towards the completion and filing of the Required Filings, and the Company will provide additional updates.The Company confirms that it intends to satisfy the provisions of the alternative information guidelines described in NP 12-203 by issuing bi-weekly default status reports in the form of a news release until it meets the Required Filings requirement. The Company has not taken any steps towards any insolvency proceeding and the Company has no material information relating to its affairs that has not been generally disclosed.For further information with respect to the MCTO, please refer to the Company's news releases dated January 21, 2026, and February 4, 2026, available for viewing on the Company's SEDAR+ profile at www.sedarplus.ca.About Sranan GoldSranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname and Canada. The Company's flagship Tapanahony Project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts.For more information, please visit http://www.sranangold.com. For further information, please contact:
Oscar Louzada, CEO
+31 6 25438975THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.Forward-looking statementsCertain statements made and information contained herein may constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to Sranan and there is no assurance that the actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as "anticipates," "believes," "targets," "estimates," "plans," "expects," "may," "will," "could" or "would."This news release contains forward-looking statements, including, but not limited to, statements regarding management's expectations about obtaining the MCTO and completing the Required Filings within the anticipated timeline. Forward-looking statements are subject to various risks, uncertainties, and other factors that could cause actual results or events to differ materially from those expressed or implied by such statements. Sranan does not undertake any obligation to update forward-looking statements or information, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedarplus.ca.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284465
Original: Sranan Provides Update on Late Filing of Financial Statements
CA Market News
4月前
Sranan Gold Acquires Lawantino Gold Project Situated Along the Prolific Antino-Sela Creek Trend, SurinameFebruary 10, 2026 7:20 AM
NewsfileEdmonton, Alberta--(Newsfile Corp. - February 10, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) (FSE: P84) (Tradegate: P84) ("Sranan" or the "Company") is pleased to announce that it has entered into an option agreement (the "Agreement") with Lawantino N.V. (the "Vendor") to acquire up to a 100% interest in the 18,468-hectare Lawantino Gold Property (the "Property") situated in southeastern Suriname. The acquisition of the Property, which is currently the focus of extensive artisanal alluvial mining (see Figure 1), strengthens Sranan's position within the highly prospective Guiana Shield, a region recognized for structurally controlled gold mineralization. The Company now controls 47,500 hectares of high-potential land for exploration.The Property is strategically located along the same deep-seated regional structure, the Central Guiana Shear Zone (CGSZ), that hosts Founders Metals' Antino Gold Project and Miata Metals' Sela Creek Project, two of the most active gold exploration projects in Suriname.The Company has confirmed the presence of extensive active artisanal alluvial mining (see Figure 2) with multiple generations of mining (miners return to the same sites with more effective equipment). Sampling of limited saprolite exposure encountered shear-hosted quartz veins cutting granite near the contact with basaltic rocks. Two samples returned 4.24 and 1.88 grams per tonne gold, which are considered significant given the limited evaluation completed.Oscar Louzada, Sranan's CEO, stated: "The Lawantino acquisition is a strategic addition to our Suriname exploration portfolio, strengthening our position along a proven and highly prospective structural corridor. The Project benefits from favourable geology, clear evidence of gold endowment through ongoing artisanal mining, and proximity to two active gold exploration projects. Lawantino fits well with our disciplined growth strategy and complements our ongoing work at Tapanahony as we continue to build value through systematic exploration."Sranan's initial exploration program will focus on integrating areas of artisanal mining with satellite interpretation, geological mapping, geochemical sampling, and structural analysis to prioritize targets for future trenching and drilling. The approach is to develop targets quickly and efficiently. A variety of lithologies observed in mine workings, including basalt, siltstone, and other metasediments, suggest a variety of potentially favourable lithologies and structures to test.Auracle Geospatial Science Inc. ("Auracle") was contracted by Sranan to analyze the structural complexity of the Lawantino Property by means of its proprietary Mapped Underworld Dimension (MUD® SAR) remote-sensing system. Results from Auracle's analysis show a distinct increase in fracture density in association with abundant small-scale miners (see Figure 3). A similar increase in fracture density is observed on the east portion of the Lawantino Property.Lawantino Agreement TermsPursuant to the terms of the Agreement, dated February 5, 2026, Sranan may earn a 100% interest in the Property by making cash and share payments and completing exploration-related expenditures. Over a 5-year period, the Company may earn 90% interest in the Property by making total cash payments of US$1,900,000, issuing 1,800,000 common shares to the arm's-length Vendor, and completing exploration expenditures on the Property totaling US$1,700,000. Upon completion of the 90% earn-in, the Vendor will retain a 10% interest in the Property and a 2% net smelter return royalty ("NSR") on all metals production from the Property. There was no finder fees paid. Sranan may repurchase the 2% NSR for US$3.0 million and, upon the establishment of a minimum 750,000-ounce measured and indicated gold resource, may acquire the remaining 10% interest in the Property based on an independent valuation.Table 1: Summary of Lawantino Property Agreement Earn-in ObligationsMilestoneCash
PaymentsShares
IssuedWork
CommitmentsPaid upon signing$100,000--Within 14 days of the Binding Agreement Execution Date ("BA Date")$150,000--6-month anniversary of the BA Date $250,000600,000$150,0001st anniversary of the BA Date$200,000200,000$250,0002nd anniversary of the BA Date$150,000150,000$250,0003rd anniversary of the BA Date$200,000200,000$350,0004th anniversary of the BA Date$250,000250,000$300,0005th anniversary of the BA Date$600,000400,000$400,000Total$1,900,0001,800,000$1,700,000 Figure 1. Location of the Lawantino Property, along the CGSZ, showing major drainages and areas of small-scale mining.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10997/283308_94a3d6ef64bd5aaa_001full.jpgFigure 2. Scouting flight showing extensive, active alluvial mining (December 23, 2025)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10997/283308_94a3d6ef64bd5aaa_002full.jpgFigure 3. Fracture Density Image generated by Auracle using MUD® SAR. Red areas indicate more intense ground preparation favourable for gold. Active areas of small-scale mining in bright yellow. The CGSZ cuts southeast to northwest through the concession.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10997/283308_94a3d6ef64bd5aaa_003full.jpgDr. Dennis LaPoint, EVP of Exploration and Business Development, states, "I am very excited about this new acquisition along the same structural trend of the CGSZ that hosts two active gold exploration projects. Lawantino complements our ongoing drilling program at our Tapanahony Gold Project and demonstrates that Sranan will continue to expand our portfolio of gold projects based on our extensive knowledge of Suriname. The agreement with Lawantino N.V. represents a major step in expanding our footprint within Suriname's highly prospective southeastern part of the Marowijne greenstone belt along one of the major controlling structures for large gold deposits. A strength of the Sranan team is our ability to develop early-stage projects into potential new discoveries. I first reviewed this area in 2007 when held by Canarc, so I am very pleased with our cooperation and relationship with Lawantino shareholders."Samples were prepared and assayed by Filab in Paramaribo, Suriname. All samples >2 g/t Au were re-assayed with 50-gram re-assay and gravimetric assay. Standard QA/QC procedures were followed and showed a satisfactory level of reproducibility. The Company notes that the drill intercepts may not represent true underlying mineralization. Core logging, photography, and sampling are completed under strict industry standard QA/QC protocols (Oreas certified reference materials, assayed coarse blanks, duplicates of core).Qualified PersonDr. Dennis J. LaPoint, Ph.D., P.Geo., a "qualified person" as defined under National Instrument 43-101, has reviewed and approved the scientific and technical information contained in this release. Dr. LaPoint is not independent of Sranan Gold, as he is the Company's EVP of Exploration and Corporate Development.About Sranan Gold Corp.Sranan is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The Company's flagship Tapanahony Project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts. For more information, please visit www.sranangold.com.For further information, please contact:Oscar Louzada, CEO
+31 6 25438975THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.Forward-looking Statements Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws, including, without limitation, the successful completion of the acquisition of the Lawantino Gold Project as discussed in this press release, the timing, nature, scope and details regarding the Company's exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR+ (www.sedarplus.ca), under the Company's profile. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283308
Original: Sranan Gold Acquires Lawantino Gold Project Situated Along the Prolific Antino-Sela Creek Trend, Suriname
CA Market News
4月前
Sranan Updates Status on Late Filing of Financial StatementsFebruary 4, 2026 7:10 AM
NewsfileEdmonton, Alberta--(Newsfile Corp. - February 4, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) ("Sranan" or the "Company") further to the Company's news release dated January 21, 2026, the Company continues to work towards the filing of its annual audited financial statements, management's discussion and analysis, and CEO and CFO certifications for the fiscal year ended September 30, 2025 (the "Required Filings"). The Company is working with its auditor to address complexities associated with the acquisition structure and has made progress. Sranan is responding to audit requests as information becomes available, with approximately 20% remaining outstanding. Previously outstanding items relating to operations in Suriname have been provided, and the Company is addressing additional requests as they arise. Key outstanding items include third-party confirmations, review of tax working papers, and documentation relating to equipment acquired during the financial year. Sranan remains in ongoing communication with its auditor to confirm any remaining documentation requirements and has committed to providing any outstanding materials promptly upon request. Sranan anticipates that the audited financial statements will be completed and filed on or before February 27, 2026. The Required Filings were due to be filed by January 28, 2026. In connection with the anticipated delays in making the Required Filings, the Company made an application for a Management Cease Trade Order ("MCTO") under National Policy 12-203 Management Cease Trade Orders ("NP 12-203") to the Alberta Securities Commission, as principal regulator for the Company, and the MCTO was issued on January 29, 2026. The MCTO restricts all trading by the Company's CEO and CFO in securities of the Company, whether direct or indirect. The issuance of the MCTO will not affect the ability of persons who are not directors, officers or insiders of the Company to trade their securities. The MCTO will remain in effect until the Required Filings are filed or until it is revoked or varied.The Company currently expects to file its interim first-quarter financial statements on or before the applicable filing due date.Both the Company and its auditors are working diligently towards the completion and filing of the Required Filings, and the Company will provide additional updates.The Company confirms that it intends to satisfy the provisions of the alternative information guidelines described in NP 12-203 by issuing bi-weekly default status reports in the form of a news release until it meets the Required Filings requirement. The Company has not taken any steps towards any insolvency proceeding and the Company has no material information relating to its affairs that has not been generally disclosed.About Sranan GoldSranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname and Canada. The Company's flagship Tapanahony Project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts.For more information, please visit http://www.sranangold.com. For further information, please contact:
Oscar Louzada, CEO
+31 6 25438975THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.Forward-looking statementsCertain statements made and information contained herein may constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to Sranan and there is no assurance that the actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as "anticipates," "believes," "targets," "estimates," "plans," "expects," "may," "will," "could" or "would."This news release contains forward-looking statements, including, but not limited to, statements regarding management's expectations about obtaining the MCTO and completing the Required Filings within the anticipated timeline. Forward-looking statements are subject to various risks, uncertainties, and other factors that could cause actual results or events to differ materially from those expressed or implied by such statements. Sranan does not undertake any obligation to update forward-looking statements or information, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedarplus.ca.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282642
Original: Sranan Updates Status on Late Filing of Financial Statements
CA Market News
4月前
Sranan Gold Continues to Intercept High-Grade Gold at Tapanahony, Suriname as 2026 Drilling Program CommencesFebruary 3, 2026 7:15 AM
NewsfileEdmonton, Alberta--(Newsfile Corp. - February 3, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) (FSE: P84) (Tradegate: P84) ("Sranan" or the "Company") reports further high-grade gold intercepts from the Randy's Pit Target including 10.88 grams per tonne gold ("g/t Au") over 1 metre ("m"). These results are the final assays from the 2025 drill program and support the continuity of the high-grade gold mineralization which remains open along strike and at depth. Diamond drilling at the Randy's Pit resumed mid-January with the goal of extending the high-grade gold mineralization to the north along the 4.5-kilometre Poeketi Shear Zone ("PSZ").HighlightsHigh-grade intercept of 10.88 g/t Au over 1 m within 10 m grading 1.36 g/t Au.Gold mineralization encountered at surface in all holes from weathered veins in saprolite.Results support the continuity of the gold zones at the Randy's Pit Target over 900 m.Randy's Pit Target remains open along strike in both directions and at depth.Ongoing 2026 Randy's Pit drill program expanded by 2,500 m to a minimum of 7,500 m.Planning underway to commence drilling at the Poeketi Target during the second quarter.Commenting on the current assay results and the successful 2025 Tapanahony exploration program as a whole, Oscar Louzada, CEO of Sranan stated: "Since mid-2025, we have quickly advanced the Tapanahony Project from early-stage surface sampling, returning high-grade gold grab samples, to completing 4,198 m of diamond drilling at the Randy's Pit Target that outlines high-grade gold mineralization. These last drill assay results from 2025 continue to demonstrate the continuity of gold mineralization along the PSZ and, as we enter 2026, we have established a firm foundation for continued high-grade gold discovery with a growing inventory of drill-ready targets."Table 1: Summary of Recent Mineralized Intercepts*, Randy's Pit Target Hole IDFrom (m)To (m)Interval (m)Au (g/t)25RADD-017
0.07.57.50.55
82.886.03.20.6425RADD-018
0.012.012.00.74Including10.512.01.52.52
30.040.010.01.36Including36.040.04.03.19and Including37.038.01.010.88
82.489.57.10.6025RADD-019
0.06.06.00.93
19.021.02.04.36Including19.020.01.06.77
91.095.04.00.79 * Minimum 1 m intercepts at a 0.3 g/t Au cut-off grade with internal dilution up to 10 m. Widths shown are downhole intervals and not true widths. Insufficient geological information is available at this time to establish true widths.Table 2: Coordinates and Orientations of Drill Holes Reported in this Release Hole IDUTME
(m)UTMN
(m)Elevation
(m)TargetAzimuth
(°)Dip
(°)Depth
(m)25RADD-017766418455226158.3Randy's Pit90-5018225RADD-018766421455206161.2Randy's Pit90-5015025RADD-019766416455198164.4Randy's Pit90-45174 Geological Interpretation and Discovery PotentialThe PSZ represents a significant structural corridor that hosts shear-controlled gold mineralization within basaltic rocks. Mineralization is associated with intense deformation, quartz-carbonate veining, disseminated sulphide mineralization, and strong hydrothermal alteration, characteristic of orogenic gold systems known for hosting high-grade deposits. Drilling at the Randy's Pit confirms the presence of multiple mineralized zones related to shearing, with gold occurring in both saprolite and unweathered bedrock, highlighting the preservation of gold grades throughout the weathering profile. The system remains open along strike and at depth. As is true for all orogenic gold systems associated with shearing, the structural geometry will create multiple high-grade shoots within the PSZ.These results further support the Company's interpretation that the PSZ, which hosts the 4.5 km Randy's Pit - Poeketi Trend, is part of a district-scale gold system with significant untested targets along its trend and considerable blue-sky exploration potential within the 29,000-hectare Tapanahony Project.Dennis LaPoint, EVP Exploration and Business Development states: "The Randy's Pit drilling continues to deliver significant high-grade gold results and strengthen our confidence that the PSZ hosts a robust and potentially large gold system. The repeated intersection of shallow, high-grade mineralization underscores the discovery and expansion potential of this corridor. We believe these results further validate our strategy to aggressively expand drilling along strike and at depth. In 2026, it is important to also develop the overall potential of the Tapanahony Project by sampling, mapping and trenching on the Poeketi Target and additional shear zones."Samples were prepared and assayed by Filab in Paramaribo, Suriname. All samples >2 g/t Au were re-assayed with 50-gram re-assay and gravimetric assay. Standard QA/QC procedures were followed and showed a satisfactory level of reproducibility. The Company notes that the drill intercepts may not represent true underlying mineralization. Core logging, photography, and sampling are completed under strict industry standard QA/QC protocols (Oreas certified reference materials, assayed coarse blanks, duplicates of core). Qualified PersonDr. Dennis J. LaPoint, Ph.D., P.Geo., a "Qualified Person" as defined under National Instrument 43-101 ("NI 43-101"), has reviewed and approved the scientific and technical information contained in this release. Dr. LaPoint is not Independent, as that term is defined under NI 43-101, of Sranan, as he is the Company's EVP of Exploration and Corporate Development.Figure 1. Plan map of drilling at Randy's Pit Target showing mineralized intercepts and PSZTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10997/282414_2cc854a2d4c0d886_001full.jpgFigure 2. Randy's Pit Target Cross Section 455210N - looking north with hole 25RADD-018 showing high-grade associated with the PSZTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10997/282414_2cc854a2d4c0d886_002full.jpg About Sranan GoldSranan is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname and Canada. The Company's flagship Tapanahony Project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts.For more information, please visit sranangold.com.Contact Information Oscar Louzada, CEO
+31 6 25438975THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.Forward-looking StatementsCertain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "goal", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR+ (www.sedarplus.ca), under the Company's profile. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the timing of exploration activities including drilling, the results of exploration activities, the realization of resource and reserve estimates, metal prices, taxation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282414
Original: Sranan Gold Continues to Intercept High-Grade Gold at Tapanahony, Suriname as 2026 Drilling Program Commences
CA Market News
4月前
Sranan Gold Announces Appointment of Ron Halas to the BoardJanuary 26, 2026 12:15 PM
NewsfileEdmonton, Alberta--(Newsfile Corp. - January 26, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) (FSE: P84) (Tradegate: P84) ("Sranan Gold" or the "Company") is pleased to announce the appointment of Mr. Ron Halas, P.Eng. to the Company's Board of Directors as an independent director.Mr. Halas is a Canadian mining engineer with more than 35 years of experience spanning mineral evaluation, project development, and operations across both open-pit and underground mining. Over the course of his career, he has held senior technical, operating, and executive roles with major and mid-tier mining companies, including IAMGOLD, Kinross Gold, Vale, PT Freeport Indonesia, Placer Dome, and Cominco, providing him with extensive experience across the full mining lifecycle.Mr. Halas lived and worked in Suriname for over five years as IAMGOLD's Vice President, Commercial - South America, based in Paramaribo. In that role, he worked closely with IAMGOLD's exploration and development teams to review numerous gold assets across Suriname, including the area encompassing Sranan Gold's Tapanahony Project. He was also part of the team that negotiated with the Government of Suriname and local landholders in connection with the acquisition of the Saramacca concession for IAMGOLD's Rosebel Gold Mine.In more recent public-company leadership roles, Mr. Halas served as Chief Operating Officer of Global Atomic Corp., where he played a key role in advancing the Dasa uranium project from PEA stage toward mine development on an accelerated timeline, and as Chief Operating Officer of Lumina Gold Corp., where he led feasibility-level advancement efforts at the Cangrejos gold-copper project. He continues to act as a senior technical advisor to mining issuers as they progress projects through development planning, permitting, and feasibility-level milestones.Oscar Louzada, CEO of Sranan Gold, stated: "We are pleased to welcome Mr. Halas to the Board. Ron brings deep technical, operational, and transactional experience across the mining lifecycle, along with first-hand knowledge of Suriname and its gold industry. His track record of advancing projects from evaluation through development and executing value-realizing transactions will be valuable as we continue to advance our portfolio and pursue our strategy in Suriname."Mr. Halas has no material relationship with the Company and qualifies as an independent director under applicable securities laws and Canadian Securities Exchange policies. About Sranan GoldSranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The Company's flagship Tapanahony Project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts. For more information, please visit www.sranangold.com.For further information, please contact:Oscar Louzada, CEO
+31 6 25438975THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.Forward-looking Statements Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR+ (www.sedarplus.ca), under the Company's profile.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281559
Original: Sranan Gold Announces Appointment of Ron Halas to the Board