Further to the announcement by Diamond Fields Resources Inc. on Jan. 24, 2023, of the intention to change its name to DFR Gold Inc., the TSX Venture Exchange has approved the proposed name change to DFR Gold, and all associated applicable regulatory filings have now been completed.
The name change to DFR Gold on the exchange will be effective on Jan. 30, 2023, and the shares will continue trading under the same symbol DFR. The company’s new Cusip number is 25241H108, and its new ISIN number is CA25241H1082. The company’s new website will be operational on or around Jan. 30, 2023.
No further action is required by shareholders with respect to the name change. There is no change in the share capital of the company. Certificates representing common shares of the company will not be affected by the name and will not need to be exchanged.
DFR is a TSX Venture Exchange-listed exploration and mine development company focused on gold and other commodities in Africa. Following the acquisition of Moydow Holdings Ltd., DFR holds interests in a portfolio of West African gold exploration projects including the highly prospective Cascades gold project in Burkina Faso. Cascades has a mineral resource prepared in accordance with National Instrument 43-101 comprising 5.41 million tonnes of indicated resources at an average grade of 1.52 grams per tonne gold for a total 264,000 ounces of gold and 6.93 million tonnes of inferred resources at an average grade 1.67 g/t Au for a total of 371,000 ounces of gold. Please see the company’s technical report titled “Amended and Re-stated Technical Report on the Labola Project Burkina Faso” dated April 2, 2022, for further information regarding Cascades.
In Madagascar, DFR has an advanced high-grade hard rock zircon exploration prospect located in the west of the country, approximately 220 kilometres east of the port of Maintirano and close to a state road. DFR acquired Beravina from Pala Investments and Austral Resources in 2016.
