Globex Mining- Startschuss ??? - Älteste Beiträge zuerst (Seite 1997)

[hansihans]

Antwort auf Beitrag Nr.: 46.801.091 von kalorex am 10.04.14 16:03:17

Und nu?

Ich glaube, es läuft bei CBG (wie auch bei GMX) einiges, was einfach nicht gut kommuniziert wird. Interessenten für den CBG Minenkomplex scheinen ja vorhanden zu sein.
Sobald hier einer einsteigt, erwarte ich einen deutlichen Kursanstieg.

Weiterhin war das die "Probe" oder Testballon, wie Du es nennst. Ich gehe davon aus, dass TTM ebenfalls in Zukunft ausgegliedert wird und ebenso Anteile als Dividende vergeben werden. Dort erhoffe ich mir allerdings deutlich mehr.

Gruss, Hansi

[crystalsonic]

Antwort auf Beitrag Nr.: 46.805.631 von hansihans am 11.04.14 08:41:07

So Osisko wird doch gekauft ... freundliche Übernahme interessant, dass die Wood-Pandora Liegenschaft explizit bei Explorationszielen genannt werden bei der Transaktion ... habe vorgestern noch eine Mail von Jack bekommen stelle diese dann morgen rein, gebohjrt wird aktuell bei Wood-Pandora und Eagle Mine die Finanzierung von CBG sollte demnächst kommen und sonst passt soweit alles ... bis auf den Kurs ... wichtig ich meine noch hat Mag Copper exakt 11 Tage Zeit für die Überweisung von 400k CAD sonst geht Fabie Bay und Magusi wieder an uns zurück:

"Osisko Announces Friendly Acquisition Agreement With Yamana Gold and Agnico Eagle

C$8.15 per share offer provides superior shareholder value



MONTREAL, QUEBEC--(Marketwired - April 16, 2014) - Osisko Mining Corporation ("Osisko") (TSX:OSK)(FRANKFURT:EWX), Yamana Gold Inc. (TSX:YRI)(NYSE:AUY) ("Yamana") and Agnico Eagle Mines Limited (NYSE:AEM)(TSX:AEM) ("Agnico Eagle") are pleased to announce that they have entered into an agreement ("the Agreement") pursuant to which Yamana and Agnico Eagle will jointly acquire 100% of Osisko's issued and outstanding common shares for total consideration of C$3.9 billion or C$8.15 per share. The total offer consists of approximately C$1.0 billion in cash, C$2.3 billion in Yamana and Agnico Eagle shares, and creation of a new company ("New Osisko") with an implied value of approximately C$575 million.

The offer represents an 11% premium to the current Goldcorp hostile bid. Yamana, Agnico Eagle and Osisko will be hosting a joint conference call today at 10:00 a.m. EDT to discuss the transaction.

Terms of the Agreement

Under the Agreement, Yamana and Agnico Eagle will form a joint acquisition entity (with each company owning 50%) which will acquire, by way of a plan of arrangement (the "Arrangement"), all of the outstanding common shares of Osisko. Upon closing of the transaction, Yamana and Agnico Eagle will each own Osisko, and will form joint committees to operate the Canadian Malartic Mine in Quebec. The partners will also jointly explore and potentially develop the Kirkland Lake assets, and continue the exploration at Hammond Reef, Pandora/Wood, and Pandora properties, all located in Ontario.

Upon implementation of the Agreement, each outstanding common share of Osisko will be exchanged for:
i.C$2.09 in cash;
ii.0.26471 of a Yamana common share (a value of C$2.43 based on the closing price of C$9.18 for Yamana shares on the Toronto Stock Exchange as of April 15, 2014);
iii.0.07264 of an Agnico Eagle common share (a value of C$2.43 based on the closing price of C$33.45 for Agnico Eagle shares on the Toronto Stock Exchange as of April 15, 2014);
iv.one new common share of New Osisko with a value of C$1.20 per share.

Pursuant to Arrangement, certain assets of Osisko will be transferred to New Osisko, the shares of which will be distributed to Osisko shareholders as part of the consideration. The following will be transferred to New Osisko:
i.a 5% net smelter return royalty ("NSR") on the Canadian Malartic mine;
ii.a 2% NSR on all existing exploration properties including Kirkland Lake, Hammond Reef, Pandora/Wood and Pandora assets;
iii.C$155 million cash;
iv.all assets and liabilities of Osisko in the Guerrero camp;
v.other investments.
The total value of the transaction is C$3.9 billion, or C$8.15 per common share of Osisko on a fully diluted basis. Following the completion of the transaction, Osisko shareholders will own approximately 14% of Yamana and approximately 17% of Agnico Eagle.

Value to Osisko Shareholders
•Values Osisko at C$3.9 billion or C$8.15 per share - a material premium to the current implied value of Goldcorp's revised hostile bid for Osisko and Osisko's current trading levels.
•In addition to meaningful continued participation in the Canadian Malartic mine, shareholders gain exposure to two leading mid-tier Americas gold producers.
•Participation in New Osisko, which will hold a significant portfolio of exploration assets with the ability to self-finance through its existing cash holdings and a 5% NSR on the producing Canadian Malartic mine.
•Potential additional upside from a 2% NSR on all existing exploration properties including Kirkland Lake, Hammond Reef, Pandora/Wood and Pandora.
•An attractive equity investment portfolio which has the potential to generate additional growth opportunities.

Osisko's board of directors has unanimously determined that the Agreement is in the best interests of Osisko and its shareholders and will recommend that Osisko shareholders vote in favour of the Agreement. Shareholders, including the directors and senior officers of Osisko, holding in aggregate over 5% of the issued and outstanding common shares of Osisko, have entered into voting agreements with Yamana and Agnico Eagle, pursuant to which they have agreed to vote their shares in favor of the Agreement.

Sean Roosen, President and CEO of Osisko stated: "Ten years ago we embarked on a journey to find a gold deposit. It was a plan that grew into the successful and highly profitable world class mine that is now Canadian Malartic. From the beginning, we have never strayed from our objective of building shareholder value. With the announcement today of the combined bid by Yamana and Agnico Eagle, I believe we have delivered shareholders the superior value option to the hostile attempt to acquire our Company. The new Osisko will be well funded with $155 million in cash, strong participation in the future cash flow from the Canadian Malartic camp through our 5% NSR, potential future benefits from the balance of Osisko's Canadian exploration portfolio through an overall 2% NSR, and a 100% ownership of Osisko's significant greenstone exploration project in Guerrero. The new Osisko will be a company with regular and strong cash flow, strong future potential for increasing cash flow, and tremendous upside exploration potential."

Strategic Rationale for Yamana

Yamana is a proven operator with the stated objectives of operating in mining friendly jurisdictions in the Americas with a balanced approach to production growth, cost containment and margin preservation to maximize and increase cash flow. This partnership with Agnico Eagle provides Yamana with significant production growth at costs consistent with its existing cost structure, enhanced generation of cash flow and an expanded future project pipeline. It will also provide entry into one of the world's best mining jurisdictions without the level of risk generally associated with new locales given the strong operational management at Canadian Malartic and Agnico Eagle's decades-long experience in the region.

Peter Marrone, Chairman and Chief Executive Officer of Yamana commented: "At Yamana, we focus on both top-line and bottom-line growth as we strive to deliver value to shareholders, and with this acquisition we expect to deliver exceptional value to our shareholders. This acquisition provides value across all key per share metrics. The Canadian Malartic mine is a world class asset that will become a cornerstone in our portfolio alongside Chapada and El Peñón. We are also pleased with this relatively low risk entry into Québec, a province with an established pedigree of mining that complements our existing presence in the Americas. Consistent with our disciplined and balanced approach to growth, we are able to acquire 50% of the Canadian Malartic mine and the other Canadian development and exploration properties of Osisko while maintaining our strong balance sheet and financial flexibility.

"We are delighted with our improved structure and offer. With Agnico as our partner, the operational management at Canadian Malartic and as we open our own operational office in Québec, these benefits will be further enhanced with our collective experience with large open pit conventional mining with their jurisdictional expertise. We are pleased with our entry into Québec and we look forward to increasing our profile in this mining friendly jurisdiction."

Strategic Rationale for Agnico Eagle

Agnico Eagle has a long history of operating in Québec, and the Osisko acquisition is a great strategic fit with the company's existing production platform in the Abitibi region. The acquisition enhances Agnico Eagle's existing production and cost profile, increases reserves and resources, and is expected to increase free cash flow generation. Partnering with Yamana allows Agnico Eagle to maintain a strong balance sheet, and keep equity dilution at a minimum. The transaction fits strategically and is in line with the size of some of Agnico Eagle's previous acquisitions, but comes without permitting construction or start-up risk.

Sean Boyd, President and Chief Executive Officer of Agnico Eagle stated: "Agnico Eagle has approximately 50 years of operating history in Québec, and over that time the company has continued to expand its mining presence in a measured and systematic way. This transaction further enhances our Québec operating platform through the addition of a fourth producing mine. With this acquisition, Agnico Eagle will become Québec's largest gold producer, which demonstrates our commitment to Québec and various stakeholders in the province.

"Traditionally, Agnico has focused on acquisitions with minimal dilution to shareholders. With Osisko shareholders holding a 17% interest in Agnico Eagle post the transaction, we believe that the dilution is in line with many of the Company's previous acquisitions. However, this transaction comes without permitting, construction capital, and start-up capital risk, and is immediately accretive to Agnico Eagle on a number of key per share metrics. In addition, the transaction is expected to lower our total cash costs and all-in sustaining costs.

"We look forward to working with Yamana as a partner at the Canadian Malartic mine, and at the exploration properties. Yamana's expertise at their large open pit Chapada gold copper mine in Brazil should complement our operating experience at Meadowbank and in the Abitibi region."

The transaction is subject to the approval of Osisko shareholders by a two thirds vote at a meeting to be held sometime in mid-May. The approval of the shareholders of Agnico Eagle and Yamana is not required. The Agreement is expected to close by May 30th, 2014 following receipt of all shareholder and court, regulatory and exchange approvals.

Pursuant to the terms of the Agreement, Osisko is subject to customary non-solicitation covenants. In the event a superior proposal is made to Osisko, Yamana and Agnico Eagle have a 5 business day right to match such proposal, and under certain circumstances in the event Osisko's Board of Directors changes its recommendation or terminates the Agreement, Osisko has agreed to pay a termination fee of C$195 million to Yamana and Agnico Eagle, shared equally. In certain other circumstances where the transaction is not completed, Osisko has agreed to reimburse Yamana's and Agnico Eagle's expenses in the amount of C$10 million each for their costs.

Osisko's Board of Directors has determined that the offer by Yamana and Agnico Eagle is superior to the proposal made by Yamana on April 2nd, 2014 and the parties have agreed to terminate their agreement. Yamana has agreed to waive its break fee under the agreement.

Osisko has engaged BMO Capital Markets and Maxit Capital LP as its financial advisors and Bennett Jones LLP and Stikeman Elliott LLP as its legal advisors in connection with the Arrangement.

Yamana has engaged Canaccord Genuity Corp. as its financial advisor and Norton Rose Fulbright Canada LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP as its legal advisors in connection with the Arrangement. Yamana has also engaged National Bank Financial Markets to provide an opinion as to the fairness of the consideration payable by Yamana, from a financial point of view, to Yamana.

Agnico Eagle has engaged TD Securities Inc. and Bank of America Merrill Lynch as its financial advisors and Davies Ward Phillips & Vineberg LLP as its legal advisors in connection with the Arrangement.
"

[saltamonte]

Antwort auf Beitrag Nr.: 46.842.976 von crystalsonic am 17.04.14 16:14:53

osisko ist eine erfolgsgeschichte und nun mit ca. 8cad/aktie ziemlich üppig bewertet. da hatte Jack mal das richtige timing, selbst wenn das jahre dauerte, denn seine private "Geoconseils Jack Stoch" bekam einerseits bereits 460.000 osisko aktien für 1% royalty des lizenzgebietes und hält weitere 1,5%. daran sieht man, dass so ein geschäftsmodell grundsätzlich funktionieren kann, aber nur - wenn alles passt.

[crystalsonic]

Antwort auf Beitrag Nr.: 46.850.580 von saltamonte am 20.04.14 20:24:46

Es nimmt jetzt bei Rocmec doch langsam an Geschweindigkeit auf ... nachfolgend der Link von einem Kitco interview von der PDAC 2014 mit dem CEO von Rocmec Mining Corp.

Wesentlicher Inhalt ab Minute 2:30m Sie planen die Poduktion und Finanzierung auf Rocmec 1 in Quebec ab Ende 2014!!!

http://www.kitco.com/news/video/show/PDAC-2014/602/2014-03-0…

Grüße Sonic

[crystalsonic]

Antwort auf Beitrag Nr.: 46.854.914 von crystalsonic am 22.04.14 12:21:48

So und wie versprochen nach dem Rocmec Schlag und dem Hinweis, dass in 6 Tagen von Mag Copper 400k an GMX transferiert werden müssen, sonst ist die Optionsvereinbarung nicht erfüllt), die versprochene Mail von Jack die ich ihn wegen einem aktuellen Update geschrieben habe:

"Hi,

We are busy for sure.

We have 2 drills going. one on the Eagle Mine property and one on the Wood-Pandora Joint venture project. Results will be announced at the end of the projects once we have all the holes completed and assays done.

Everything is taking much longer than before due to the paper work related to permitting. We pretty much have to permit every move we do and consult with everyone before doing anything. It is time consuming, costly and frustrating.

We are working on the CBG financing and if the brokers are to be believed, are near the end of the process.

As regards Mag Copper I can't say anything until they say something. All I can say is that Globex recognizes the difficulties in the present market and tries to be accommodating with good partner companies.

Other news will be announced when we are ready. Sometimes one doesn't say anything because one wants to acquire more ground or some other reason. Sometimes the results may not be significant enough to warrant a press release.

Markets are still incredibly difficult in every aspect.

Best Regards

Jack"

Steht nicht viel drin, bin nur noch am rätseln inwiefern er die MAG Copper Passage und dem Verhalten von Globex meint ... bitte nicht noch eine Verlängerung ... und ich hoffe auf baldige Veroptionierung von Ex Plato und Ex Xmet Liegenschaften ... Grüße Sonic

[saltamonte]

Antwort auf Beitrag Nr.: 46.855.278 von crystalsonic am 22.04.14 13:15:33

We are working on the CBG financing and if the brokers are to be believed, are near the end of the process.

da bin ich sehr zuversichtlich, dass cbg finanziert wird. bei aktuellen konditionen ca. @5cadcent kann man sich ja ordentlich anteile sichern - was bei der damaligen (vor 16 monaten im dez 2012)spin off finanzierung @50-65cadcent wesentlich teurer gewesen wäre (die ja nur Jack finanziert hat)

[miwi2]

Antwort auf Beitrag Nr.: 46.855.698 von saltamonte am 22.04.14 14:27:19

Was soll denn ein Broker für Finanzierungsaussagen machen????
Das ist doch wieder ein Luftballon.

[kalorex]

Antwort auf Beitrag Nr.: 46.879.800 von miwi2 am 26.04.14 16:24:32

Man sieht in letzter Zeit doch häufiger Finanzierungen, bei denen sich der Broker verpflichtet, nicht gezeichnete Anteile in einem festgelegten Umfang selber zu zeichnen.
Könnte evtl. so eine Konstruktion werden.
Wenn denn jemand das Risiko nehmen möchte...

[crystalsonic]

Antwort auf Beitrag Nr.: 46.894.856 von kalorex am 29.04.14 17:33:53

Soweit wie ich das verstanden habe war gestern Deadline für Mag Copper weitere 400k an GMX zu überweisen, da kein PP mehr erfolgte und im letzten MD&A ein negatives Working Capital vorhanden war, tippe ich darauf, dass Magusi und Fabie Bay wieder zu uns zurück kommen ... dazu würde die heutige Kursentwicklung von Mag Copper passen, die unter hohem Volumen aktuell 33% im Minus sind und nur noch 0.02/0.025 anbieten ... aktuelles Volumen lag vor 10 Minuten bei deutlich über einer Million Shares ... aber noch keine NR raus weder von GMX noch von MAG ... Grüße Sonic

[kalorex]

Antwort auf Beitrag Nr.: 46.895.126 von crystalsonic am 29.04.14 18:01:03

Es liesst sich doch so, als würde Jack wieder mal noch zuwarten wollen mit MagCopper.
All I can say is that Globex recognizes the difficulties in the present market and tries to be accommodating with good partner companies.

So lange er eh keinen anderen/besseren Partner an der Hand hat, macht das auch keinen Unterschied.
Selber entwickeln kann und will er es ja auch nicht.
Falls Mag aber weitere Verbindlichkeiten hat und Pleite gehen könnte, dann sollte Jack sich Fabie/Magusi rechtzeitig zurückholen. Es sei denn, er will es erneut aus der Konkursmasse rauskaufen...