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Hot Stocks
U.S. Gold receives proposal to upgrade Copper King PEA to a PFS » 09:29
05/26/20
05/26
09:29
05/26/20
09:29
USAU

U.S. Gold

$5.98 /

+0.33 (+5.84%)

U.S. Gold announced that…

U.S. Gold announced that it has received a proposal to upgrade the Copper King Preliminary Economic Assessment, or PEA, to a Pre-Feasibility Study, or PFS, with the objective of completing the PFS by the end of 2020. Copper King, located in the Silver Crown mining district of southeast Wyoming and approximately 20 miles west of Cheyenne, is a project of merit based on the December 2017 PEA that, in a preliminary analysis, shows a robust resource, including: PEA economic resource based on $1250/oz. gold and $2.25/lb copper; PEA economics done at $1275/oz. gold and $2.80/lb copper; a base case summary of the PEA indicates that Copper King could generate Pre-Tax Cash Flow of $296.8M; the Net Present Value is $178.5M at a 5% discount rate The Annual Internal Rate of Return is 33.1%; CAPEX estimated at $113.66M; payback in just under 2.5 years. 2020 Internal Update to Projections highlights include: at $1600/oz. gold and $2.80/lb copper, Copper King could generate Pre-Tax Cash Flow of $510.54M; NPV at a 5% discount rate is $321.60M; the Pre-Tax Annual IRR is 52%.

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USAU U.S. Gold
$5.98 /

+0.33 (+5.84%)

Over a month ago
Conference/Events
U.S. Gold to hold investor update webcast » 10:55
04/07/20
04/07
10:55
04/07/20
10:55
USAU

U.S. Gold

$5.13 /

+0.02 (+0.39%)

President & CEO Karr…

President & CEO Karr provides an update and outlook for the Company on a webcast to be held on April 7 at 11:30 am. Webcast Link

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Conference/Events
U.S. Gold to hold investor update webcast » 04:55
04/07/20
04/07
04:55
04/07/20
04:55
USAU

U.S. Gold

$5.11 /

+0.16 (+3.23%)

President & CEO Karr…

President & CEO Karr provides an update and outlook for the Company on a webcast to be held on April 7 at 11:30 am. Webcast Link

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Conference/Events
U.S. Gold to hold investor update webcast » 14:46
04/05/20
04/05
14:46
04/05/20
14:46
USAU

U.S. Gold

$4.95 /

+0.19 (+3.99%)

President & CEO Karr…

President & CEO Karr provides an update and outlook for the Company on a webcast to be held on April 7 at 11:30 am. Webcast Link

Hot Stocks
U.S. Gold regains compliance with Nasdaq minimum bid price » 12:30
04/03/20
04/03
12:30
04/03/20
12:30
USAU

U.S. Gold

$4.95 /

+0.19 (+3.99%)

U.S. Gold Corp. announced…

U.S. Gold Corp. announced that it received a letter from the listing qualifications department staff of The NASDAQ Stock Market LLC, stating that the company has regained compliance with NASDAQ's minimum $1.00 per share bid price requirement. The letter received noted that for the last 10 consecutive business days, from March 20, 2020 to April 2, 2020, the closing bid price of the company's common stock was $1.00 per share or greater. Accordingly, the company has regained compliance with Listing Rule 5550(a)(2), and the matter is now closed.

Syndicate
U.S. Gold announces $2M registered direct offering » 08:47
03/30/20
03/30
08:47
03/30/20
08:47
USAU

U.S. Gold

$6.93 /

-1.07 (-13.38%)

U.S. Gold announced that…

U.S. Gold announced that it has entered into a securities purchase agreement with certain institutional investors, providing for the purchase and sale of 357,143 shares of common stock at a price of $5.60 per share in a registered direct offering, resulting in total gross proceeds of $2M. The company also agreed to issue unregistered warrants to the investors in a concurrent private placement to purchase up to 1 share of common stock for each share of common stock purchased with an exercise price of $7.00 per share. The warrants will be exercisable six months following the issuance and will expire five years following the initial exercise date. The closing of the sale of the securities is expected to take place on or about March 31, subject to the satisfaction of customary closing conditions.

Hot Stocks
U.S. Gold announces 1-for-10 reverse stock split » 12:49
03/19/20
03/19
12:49
03/19/20
12:49
USAU

U.S. Gold

$0.40 /

+0.0104 (+2.67%)

U.S. Gold Corp. announced…

U.S. Gold Corp. announced a 1-for-10 reverse split of its common stock, effective as of 5:00 pm Eastern Time, March 19, 2020. Beginning on March 20, 2020, the company's common stock will trade on the NASDAQ Capital Market on a split adjusted basis. At the company's 2019 annual meeting of stockholders on September 18, 2019, the company's stockholders authorized the Board of Directors, in its discretion but prior to September 18, 2020, to amend the Articles of Incorporation of the company to effect a reverse stock split at a ratio in the range of 1-for-2 to 1-for-10.

Over a quarter ago
Hot Stocks
U.S. Gold acquires Orevada Metals » 09:03
09/11/19
09/11
09:03
09/11/19
09:03
USAU

U.S. Gold

$1.01 /

+0.01 (+1.00%)

U.S. Gold has closed the…

U.S. Gold has closed the acquisition of Orevada Metals in an all share transaction. Orevada Metals is a Nevada corporation, wholly owned by a privately held Canadian company, which has become a new wholly-owned subsidiary of U.S. Gold Corp. Orevada has an option to acquire a 70% interest in the Maggie Creek Project. The acquisition of Orevada and the option to acquire the Maggie Creek Project, gives U.S. Gold Corp. its second promising exploration project in Nevada, on the Carlin Trend, with potential to discover Carlin style gold deposits in one of the world's most sought-after gold districts. Established in 2018, Orevada is a North American focused exploration company that has an option to acquire a 70% interest in the Maggie Creek Project. U.S. Gold Corp. issued 2 million shares to shareholders of Orevada.

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Hot Stocks
U.S. Gold commences 2019 exploration drill program at Keystone project » 09:16
07/30/19
07/30
09:16
07/30/19
09:16
USAU

U.S. Gold

$1.04 /

+ (+0.00%)

U.S. Gold Corp announced…

U.S. Gold Corp announced that it has commenced the first phase of its previously announced targeted drilling program at its Keystone project on the Cortez Trend, Nevada. This exploration drilling program is expected to consist of an initial phase of 9 reverse circulation holes and 1 core hole for a total of approximately 20,000 feet. The first phase will focus on specific targets identified through detailed geology, geochemistry, geophysics and drilling throughout the 650 lode claims covering 20 square miles of mineral rights. Drilling targets identified through comprehensive technical studies and mapping are described in reports previously released and available on the U.S. Gold Corp. website. All permits have been obtained, including Bureau of Land Management approvals. The phase one program is expected to take approximately two months. Phase one drilling will focus on the Sophia, Tip Top and Nina Skarn target areas as previously detailed on the following map:

Hot Stocks
U.S. Gold begins drilling program at Keystone project on the Cortez Trend » 09:04
07/30/19
07/30
09:04
07/30/19
09:04
USAU

U.S. Gold

$1.04 /

+ (+0.00%)

U.S. Gold announced that…

U.S. Gold announced that it has commenced the first phase of its previously announced targeted drilling program at its Keystone project on the Cortez Trend, Nevada. This exploration drilling program is expected to consist of an initial phase of 9 reverse circulation holes and 1 core hole for a total of approximately 20,000 feet (6,400 meters). The first phase will focus on specific targets identified through detailed geology, geochemistry, geophysics and drilling throughout the 650 lode claims covering 20 square miles of mineral rights.

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