Menu

JD Neuhaus

Turquoise Hill files final prospectus for rights offering - US$2.4 billion expected

Turquoise Hill Resources announced that the Company has filed the final prospectus with the securities regulatory authorities in each of the provinces and territories of Canada and a corresponding amendment to its previously filed registration statement on Form F-10 with the US Securities and Exchange Commission outlining the details of a rights offering in which all existing shareholders, subject to applicable law, may participate on an equal, proportional basis in purchasing additional common shares.

Read more...

Sandstorm Gold: Record Gold Sales in Third Quarter 2013

Sandstorm Gold Ltd. (NYSE MKT: SAND, TSX: SSL) has released its unaudited results for the third quarter ended September 30, 2013 (all figures in U.S. dollars). Sandstorm President & CEO Nolan Watson commented, “We are encouraged by the record gold sales and strong operating cash flow during the quarter. Over the next twelve months we anticipate that our assets will continue to ramp up production, while our general and administrative expenses are expected to decrease materially due to cost cutting and other reductions which have been made subsequent to quarter end. Having over $90 million in cash on our balance sheet enables us to actively pursue new streams and royalties, with the focus on increasing the Company’s per share value.”

Read more...

Sandstorm Metals & Energy: 2nd Quarter Results

Sandstorm Metals & Energy Ltd. (TSX-V: SND) reported its unaudited results for the second quarter ended June 30, 2013 (all figures in U.S. dollars).

 

Second Quarter Summary

 

  • Acquired a 1.2% base metal NSR on the Prairie Creek project located in the Northwest Territories, Canada from Canadian Zinc Corporation for $6.8 million.
  • Net loss of $13.4 million primarily due to a non-cash impairment charge of $12.1 million related to the natural gas stream with Thunderbird Energy Corp.

 

Read more...
Subscribe to this RSS feed

Our Web Adresses

Idea and Programming

Akzeptieren/Accept

Diese Website verwendet nur technisch notwendige Cookies. Sie werden nicht getrackt und Ihre Daten werden nicht weitergeleitet an Dritte. Durch die Nutzung dieser Webseite erklären Sie sich damit einverstanden, dass Cookies gesetzt werden. Mehr erfahren

This website uses only technically necessary cookies. You are not tracked and your data are not passed on to third parties. By using this website, you consent to the use of cookies.