News

Gold Line Shareholders Approve Merger With Barsele

February 16, 2024

VANCOUVER / TORONTO, February 16, 2024 – Gold Line Resources Ltd. (“Gold Line“”) (TSXV: GLDL) is pleased to announce that at a special meeting of shareholders of Gold Line (the “Gold Line Shareholders”) held yesterday, February 15, 2024 (the “Meeting”), the Gold Line Shareholders voted overwhelmingly in favour of the resolution (the “Gold Line Shareholder Resolution”) approving the proposed arrangement with Barsele Minerals Corp. (TSXV: BME) (“Barsele”) by way of a court-approved plan of arrangement (the “Arrangement”). Pursuant to the Arrangement, among other things, Barsele will acquire all of the issued and outstanding Gold Line common shares (the “Gold Line

Read More

Barsele and Gold Line Announce Merger to Create Scandinavian Focused District-Scale Gold Exploration & Development Company

December 13, 2023

VANCOUVER / TORONTO, December 13, 2023 – Barsele Minerals Corp. (“Barsele”) (TSXV: BME, OTC:BRSLF) and Gold Line Resources Ltd. (“Gold Line”) (TSXV: GLDL, OTC: TLLZF) are pleased to announce that they have entered into an arrangement agreement (the “Arrangement Agreement”), dated December 12, 2023, pursuant to which Barsele will acquire all of the issued and outstanding common shares of Gold Line (the “Gold Line Shares”) in exchange for common shares of Barsele (the “Barsele Shares”) by way of a plan of arrangement (the “Transaction”, with Barsele following completion of the Transaction referred to as the “Resulting Issuer”). The Transaction will

Read More

Gold Line Closes First Tranche of Private Placement

October 27, 2023

Toronto, ON, Canada – October 27, 2023 – Gold Line Resources Ltd. (TSX-V: GLDL; OTCQB: TLLZF) (“Gold Line” or the “Company”) is pleased to announce that it has completed the first tranche of its non-brokered private placement (the “Financing”) and has issued 10,730,000 units (each, a “Unit”), at a price of $0.10 per Unit for gross proceeds of $1,073,000 (all figures in the current release are in Canadian dollars). Each Unit consists of one common share and one-half of one share purchase warrant (each whole warrant, a “Warrant”).  Each Warrant entitles the holder to purchase one common share at a

Read More

Gold Line Strengthens Technical Team with Addition of Gernot Wober

September 26, 2023

Toronto, ON, Canada – Sept 26, 2023 – Gold Line Resources Ltd. (TSX-V: GLDL; OTCQB: TLLZF) (“Gold Line” or the “Company”) is pleased to announce that Mr. Gernot Wober has been appointed to the Company’s Advisory Board. Mr. Wober is a professional geologist (P. Geo.) and has over 32 years of international resource exploration experience. Mr. Wober is currently VP Exploration for Discovery Silver Corp. where he started in 2018, and in 2019 identified the Cordero silver deposit in Chihuahua, Mexico for acquisition. Previously, he served as VP Exploration, Canada, at Osisko Mining Inc. (“Osisko”), during which time he took

Read More

Gold Line Announces Private Placement

September 21, 2023

Toronto, ON, Canada – Sept 21, 2023 – Gold Line Resources Ltd. (TSX-V: GLDL; OTCQB: TLLZF) (“Gold Line” or the “Company”) is pleased to announce a non-brokered private placement of up to 20,000,000 units at a price of $0.10 per unit for proceeds of up to $2,000,000 (the “Financing”) (all figures in the current release are in Canadian dollars). Each unit will consist of one common share and one-half of one share purchase warrant (the “Units”).  Each full warrant will entitle the holder to purchase one common share at a price of $0.20 per common share for a period of

Read More