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VISIBLE GOLD MINES PROVIDES CORPORATE UPDATE AND OUTLINES 2025 EXPLORATION PLANS
VISIBLE GOLD MINES PROVIDES CORPORATE UPDATE AND OUTLINES 2025 EXPLORATION PLANS Canada...
About this update from Visible Gold Mines Inc.
[{"type":"text","content":"\n\n\n\n VISIBLE GOLD MINES PROVIDES CORPORATE UPDATE AND OUTLINES 2025 EXPLORATION PLANS\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n ROUYN-NORANDA, QC\n \n\n ,\n \n\n Oct. 8, 2025\n \n\n /CNW/ - Visible Gold Mines Inc. (TSXV: VGD) and (\n \n Frankfurt\n \n : 3V4) is pleased to provide a corporate update highlighting recent transactions and provides an update on the exploration plans for 2025.\n \n\n\n CORPORATE UPDATE\n \n\n\n Sales of properties\n \n\n In consideration for the sale of exploration projects to Fokus Mining Corporation, the Company received an initial cash payment of\n \n $750,000\n \n and 10,000,000 shares of the Company valued at\n \n $1,750,000\n \n . The second cash payment of\n \n $750,000\n \n is expected no later than\n \n December 3, 2025\n \n .\n \n\n Website refresh\n \n\n The Company's website\n \n www.visiblegoldmines.com\n \n is temporarily offline to accurately reflect recent transactions and highlight the Company's gold projects in the\n \n Chapais\n \n /\n \n Chibougamau\n \n area. The new website will be active before the end of\n \n October 2025\n \n .\n \n\n Insider transaction\n \n\n\n Martin Dallaire\n \n , CEO, recently purchased shares of Visible Gold Mines on the market. He now owns 5,304,500 shares at an average price paid of\n \n $0.124\n \n , representing an investment of\n \n $658,509.70\n \n in Visible Gold Mines. He purchased 1,800,000 shares directly and 3,504,500 shares indirectly through his management company 9086-0735 Québec Inc. This represents approximately 14.28% of the issued and outstanding shares on a non-diluted basis and 18.98% on a partially fully diluted basis. Visible Gold Mines has 37,155,164 common shares outstanding.\n \n\n Marketing\n \n\n Marketing efforts will be initiated immediately to promote the Company's gold projects and its enviable corporate structure to investors. There is actually a strong interest in the junior gold exploration sector due to record high gold and geopolitical uncertainty and Visible Gold Mines definitely wants to be an importan...