DAX+0,86 % EUR/USD0,00 % Gold0,00 % Öl (Brent)0,00 %

Steppe Gold - Neuer Goldhighflyer mit Megaprojekt! (Seite 4)

Begriffe und/oder Benutzer


ob das Auswirkungen auf den Kurs hat- und was wird am Freitag mit der Hauptversammlung ?

Steppe Gold director Vanderkooy resigns

2019-08-19 19:35 ET - News Release

An anonymous director reports


Steppe Gold Ltd.'s Sheldon Vanderkooy has resigned as a director. It is the intention of Triple Flag Mining Finance to recommend a replacement director in due course.

The company wishes to thank Mr. Vanderkooy for his strong contributions and wise counsel in its first year as a public company.

About Steppe Gold Ltd.

Steppe Gold is a precious-metals development company with an aggressive growth strategy to build Steppe Gold into the premier precious metals company in Mongolia. The company owns 100 per cent of the advanced-staged Altan Tsaagan Ovoo gold project, where a heap-leach development has been completed.

© 2019 Canjex Publishing Ltd. All rights reserved.
Steppe Gold | 0,620 €
Da hat sich Tripple Flag jetzt gut positioniert...
Steppe Gold Completes Final Tranche of Financing and Provides Update on Board Changes
TORONTO, ON August 27, 2019 — Steppe Gold Limited (TSX: STGO) (the “Company” or “Steppe Gold”) is pleased to announce that following the approval of shareholders of the Company at the special meeting of shareholders held on August 23, 2019 (the “Special Meeting”) it has completed the second and final tranche of its previously announced private placement (the “Offering”) issuing US$3.04 million principal amount of 10% two year unsecured convertible debentures (“Debentures”) bringing the aggregate principal amount of debentures issued under the Offering to $8.44 million.

The Debentures will bear interest from the date of closing at 10% per annum, calculated and payable semi-annually in arrears on June 30 and December 31 in each year, commencing on December 31, 2019 and will mature on August 27, 2021.

The Debentures will be unsecured obligations of the Company and rank pari passu in right of payment of principal and interest with all other Debentures issued under the Offering.

The Debentures will be convertible at the option of the holder into common shares of the Company at any time prior to the close of business on the maturity date at a conversion price of US$0.52 (Approx. C$0.70) per common share. The Company has the right to accelerate the conversion of the Debentures in the event the closing price of the common shares on the Toronto Stock Exchange exceeds C$2.00 for any period of 30 consecutive trading days.

The Debentures and any Common Shares issuable upon conversion or exercise thereof, as applicable, will be subject to a statutory hold period lasting four months and one day following the date of issuance.

The Company is also pleased to confirm the election of Ms Sereenen Jargalan as a director of the Company at the Special Meeting and the subsequent appointment of Mr. Steve Haggarty to the Board, the nominee of the Company’s financing partner, Triple Flag Mining Finance.

With a mining career spanning nearly four decades, Mr Haggarty’s industry experience includes 24 years in operations and 14 years in corporate and EPCM-related roles. Most recently, Mr Haggarty was Senior Director, Metallurgy at Barrick Gold Corp. In this role, he was responsible for operational performance improvements, defining GeoMet models, processing strategy and risk mitigation. Mr Haggarty has worked at multiple mine sites around the world, including as General Manager of Barrick Gold’s Veladero heap leach project in Argentina. He is considered a technical leader in heap leach processing, implementation and optimization.

Following the election of Ms Jargalan and the appointment of Mr Haggarty, the Board is now comprised of Matthew Wood, Aneel Waraich, Bataa Tumur-Ochir, Patrick Michaels, Zamba Batjargal, Batkhuu Budnyam, Sereenen Jargalan and Steve Haggarty.

“We are very pleased to welcome Ms Jargalan and Mr Haggarty as new directors. Ms Jargalan is a very highly regarded expert in mineralogy and geology and she brings significant and deep technical mining expertise focused on Mongolia. Mr Haggarty brings a wealth of relevant technical and strategic mining experience to the Company. Both Ms Jargalan and Mr Haggarty are great additions to our team as we approach first gold production and progress the Feasibility Study for a proposed 150,000 oz gold per annum expansion at the ATO Project” said Matthew Wood, Chairman of Steppe Gold
Steppe Gold | 0,940 C$
Leider gar keine Hinweise zur Genehmigung...
Steppe Gold | 0,940 C$
Steppe Gold | 1,050 C$
Permits Ende Oktober
Sieht so aus als würden die Genehmigungen Ende des Monats kommen...

Steppe Gold | 1,030 C$
Hb ich heute über den EMai-Dienst bekommen ;-)

Steppe Gold Ltd. is extremely pleased to announce that the ATO Gold Mine is fully permitted and gold production is commencing”.
The Company has now mined, crushed and stacked approximately 300,000t of ore at a grade of 2.13g/t gold on the leach pad. The company’s mining, crushing and stacking program is ongoing. Full-year production for 2020 is now envisaged to be approximately 60,000oz of gold.

The Company will now push to complete the feasibility study into its Stage 2 Expansion Project at the ATO Mine. The aim of this is to increase annual gold production to 150,000 per annum from underlying fresh rock ores. The Company also continues to assess a number of additional opportunities in Mongolia including exploration drilling at its exciting Uudam Khundii Gold Project.

Steppe Gold is also very pleased to announce the appointment of Mr Bataa Tumur-Ochir as President and CEO of Steppe Gold effective immediately.

Mr Tumur-Ochir is a founding Director of the Company and has been instrumental in the management and growth of the Company since listing. In his previous role as Executive Vice President Mongolia, he guided the ATO Gold Mine development from a bare field on the Mongolian steppe to the most modern and international standard gold mine in Mongolia today.
Mr Matthew Wood, Founder and Chairman of the Company will remain in the role of Executive Chairman and will focus his energy on executive management oversight, growth strategy and the expansion of Steppe Gold in Mongolia.

Mr Wood said “It has been an honour to be the CEO and President of Steppe Gold during what has been an extremely challenging and rewarding phase in the company’s life from foundation, to IPO to commencing gold production. Now is the time to pass the reins to Mr Tumur-Ochir to aggressively grow the company to the next level.

It is also great to see a TSX listed Mongolian Gold Company with a highly qualified Mongolian CEO and President. I am extremely enthused about the future of Steppe Gold as we continue to grow the Company for all of our stakeholders.”
Thank you for reading and your continued support!
Steppe Gold | 1,000 C$

Beitrag zu dieser Diskussion schreiben