Latest News

17-Sep-2009 - ASG Confirms RCF Agreement with Allied Gold Limited

Australian Solomons Gold Limited is aware that Resource Capital Fund III LP announced it has entered into an agreement with Allied Gold Limited in support of the agreed off-market takeover made by Allied Gold Limited to the Company.


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16-Sep-2009 - Allied Gold to make agreed Takeover Offer for ASG

Allied Gold Limited and Australian Solomons Gold Limited today announced that Allied Gold will make an agreed off-market takeover offer through a wholly owned subsidiary for all of the issued shares of ASG pursuant to the Corporations Act and Canadian securities laws.


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14-Sep-2009 - First hole increases confidence of Charivunga Gorge

The drilling program, which commenced on 27 August was designed to test for undip extensions of the mineralisation discovered beneath Charivunga Gorge.


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10-Sep-2009 - Resource Upgrade for Gold Ridge, Potential Continues to Improve

Australian Solomons Gold Limited today announced an upgrade to its Mineral Resource Estimate (Measured & Indicated) of ~82,000 oz.


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08-Sep-2009 - IFC Approves Financing Facility

Australian Solomons Gold Limited is pleased to announce that the International Finance Corporation's Board has approved a financing facility in relation to the redevelopment of the Gold Ridge Project.


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04-Sep-2009 - Political Risk Insurance Approved

Australian Solomons Gold Limited is pleased to announce that Political Risk Insurance has been granted for use in the Gold Ridge Project.


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10-Aug-2009 - ASG Gold Ridge Update

Australian Solomons Gold Limited today announced that it is recommencing exploration activities with a 1,000 metre drill programme to test for undip extensions of the mineralisation discovered beneath the Charivunga Gorge.


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14-Jul-2009 - ASG Closes CDN$7,770,000 Publc Offering

Australian Solomons Gold Limited is pleased to report that it has closed the previously announced best efforts public offering of its ordinary shares at a price of CDN$0.30 per Share.


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07-Jul-2009 - ASG Prices Previously Announcel Preliminary Short Form Prospectus Financing

Australian Solomons Gold Limited has entered into an agency agreement with Paradigm Capital Inc., Haywood Securities Inc. and Fraser Mackenzie Limited (collectively, the Agents) in respect of the best efforts offering of ordinary shares contemplated by the Corporations's preliminary short form prospectus dated June 17, 2009.


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18-Jun-2009 - ASG Signs Mandate Letter with EIB

Australian Solomons Gold Limited today announced it had signed a Mandate Letter with the European Investment Bank.


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[News Archive]


The press releases contained on this web site are for historical purposes only and that while information contained within the releases was believed to be accurate at the time of issue, the Company will not, and specifically disclaims any duty to, update this information. Disclosure on the Company's web site alone does not constitute adequate disclosure of undisclosed material information.