Sanu Gold Corp. (CSE: SANU | OTCQB: SNGCF) has announced it received conditional approval to list its common shares on the TSX Venture Exchange, a move the company says will enhance its capital markets profile. In connection with the proposed TSXV listing, Sanu Gold intends to voluntarily delist from the Canadian Securities Exchange, with timing to be coordinated with the commencement of TSXV trading. The company simultaneously released a technical report for its Daina Gold Project in Guinea's Siguiri Basin, supporting the exchange transition. Investors in the junior gold exploration sector may be watching this development closely as it signals a strategic shift in the company's market positioning.

Key Points

  • Sanu Gold Corp. (CSE: SANU | OTCQB: SNGCF) announced conditional TSXV listing approval on September 9, 2026
  • The company intends to voluntarily delist from the CSE, coordinated with the start of TSXV trading
  • A NI 43-101 technical report for the Daina Gold Project, dated April 25, 2025, with an effective date of March 16, 2025, was made publicly available in connection with the listing
  • Investors should watch for confirmation of the TSXV listing commencement date and the formal CSE delisting timeline

Sanu Gold's Move From CSE to TSX Venture Exchange

Sanu Gold stated that it believes a TSXV listing will provide an enhanced capital markets profile as it pursues exploration across its properties in Guinea's Siguiri Basin. President and CEO Martin Pawlitschek noted in the release that the conditional approval supports the company's strategy of unlocking value across its Guinea assets. The timing of the voluntary CSE delisting is to be coordinated with the commencement of TSXV trading, though the specific date was not disclosed in the announcement. The immediate share price impact was not clear from available public information.

Daina Gold Project Technical Report Findings

In connection with the TSXV listing, Sanu Gold made available an NI 43-101 technical report titled "NI 43-101 Technical Report Daina Gold Project, Republic of Guinea," prepared by Ghislain Tourigny, P.Geo., Ph.D., and Simon Meadows Smith, P.Geo., both independent Qualified Persons under NI 43-101. The report outlines recommended exploration work at the Daina Project, including follow-up RC, AC, and diamond drilling, geological mapping, topographic surveying, and sample analysis to evaluate extensions of known mineralisation and test identified exploration targets.

Reconciliation Review Highlights Exploration Progress at Daina

An internal Qualified Person reconciliation review compared the technical report's recommended programs against exploration work completed through Q1 2026. Key findings include 10,304 metres of AC, RC, and diamond drilling completed at Daina during FY2025, and approximately 12,890 metres of auger drilling in a late-2025 and early-2026 target-definition program. Total actual Daina expenditure from April 2025 through February 2026 was approximately US$2.83 million, against an original recommended exploration budget of US$4.25 million, with an estimated US$1.42 million of the originally recommended program remaining.