Medgold Resources Corp.
MGLDF
Other OTC0.01
USD
- -
- -
Return %
Stock
S&P500
1Y
-33.33
19.01
3Y
-33.33
65.48
5Y
-33.33
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Jeremy Crozier
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 200 Burrard Street Vancouver BC Canada V6C 3L6
- IPO Date
- Nov 15, 2016
- Website
- medgoldresources.com
- Similar Companies
- Business
- Medgold Resources Corp. Medgold Resources Corp. (TSXV:MED; OTC:MGLDF) is a Canadian-based exploration-stage company focused on the acquisition, exploration, and development of precious and base metal properties, primarily gold and copper-gold deposits, in Europe. The company holds interests in a portfolio of projects including the flagship Timok East copper-gold project in Serbia featuring orogenic and porphyry-style mineralization, as well as other exploration licenses covering nearly 1,000 square kilometers in the highly prospective Western Tethyan Belt; it targets underexplored orogenic gold provinces in northwest Iberia and historic mining districts such as Bor in eastern Serbia, serving institutional and retail investors seeking exposure to emerging mining jurisdictions with advanced infrastructure and pro-mining regulations. Incorporated in 2011 and headquartered in Vancouver, British Columbia, Medgold operates principally in Serbia, Spain, Portugal, and Italy through strategic exploration programs involving geochemical, geophysical, and drilling activities. In a major strategic shift in January 2024, Medgold completed a reverse takeover by Balkan Metals Corp. via a three-cornered amalgamation, resulting in a 16:1 share consolidation, a concurrent non-brokered private placement raising funds for Timok East advancement and general expenses, a name change to Electrum Discovery Corp. (TSXV:ELY), and new leadership including Dr. Elena Clarici as President and CEO; this transaction positioned the resulting entity as Serbia's largest holder of highly prospective exploration ground while emphasizing sustainability, governance, and regional knowledge transfer.