other_material
confidence high
sentiment neutral
materiality 0.85
Golkor (formerly Kat Exploration) completes name change, 6,500:1 reverse split, enters two JVs
Golkor Inc.
- On May 16, 2025, name change to Golkor Inc. and 6,500:1 reverse split effective; trading symbol temporarily KATXD, then GKOR.
- Enters joint venture with GS Mining, gains 80% ownership of Golkor Colorado Mining; commits $3.5M-$5M funding.
- Enters joint venture with Ambex Ghana, owns 51% of Ambex Golkor LLC; issues 38M shares to Ambex for its contribution of Ghana gold licenses.
- Appoints Anthony Bainbridge as director and chairman; he has 42 years mining experience and leads Ambex Ghana.
- Company ceases to be a shell company as a result of the JV transactions.
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