Core Gold - 500 Beiträge pro Seite
eröffnet am 12.07.19 19:48:42 von
neuester Beitrag 22.01.20 17:59:37 von
neuester Beitrag 22.01.20 17:59:37 von
Beiträge: 12
ID: 1.307.273
ID: 1.307.273
Aufrufe heute: 0
Gesamt: 580
Gesamt: 580
Aktive User: 0
ISIN: CA21871K1075 · WKN: A2DYHC
0,1000
EUR
-3,85 %
-0,0040 EUR
Letzter Kurs 19.05.20 Gettex
Feedback
ich bin da nicht so drin im Streit Core Gold (die alte DMM = Dynasty Metals and Mining) und Titan, aber dem Publikum scheint diese erste juristische Entscheidung zu gefallen:
--> +22% an der TSX:
https://www.wallstreet-online.de/nachricht/11601092-keith-pi…
=>
...Keith Piggott, owning approximately 7% of the issued and outstanding shares of Core Gold Inc. ("Core Gold" or the "Company") (TSXV: CGLD, OTCQX: CGLDF) provides an update on the recent Court decision in British Columbia dismissing the Titan arrangement and related matters.
On July 4, 2019, Mr. Justice Joel R. Groves of the Supreme Court of British Columbia rejected Core’s petition finding that Core had failed to establish that the arrangement with Titan was fair and reasonable. The reasons were delivered orally with a written transcript to follow...
--> +22% an der TSX:
https://www.wallstreet-online.de/nachricht/11601092-keith-pi…
=>
...Keith Piggott, owning approximately 7% of the issued and outstanding shares of Core Gold Inc. ("Core Gold" or the "Company") (TSXV: CGLD, OTCQX: CGLDF) provides an update on the recent Court decision in British Columbia dismissing the Titan arrangement and related matters.
On July 4, 2019, Mr. Justice Joel R. Groves of the Supreme Court of British Columbia rejected Core’s petition finding that Core had failed to establish that the arrangement with Titan was fair and reasonable. The reasons were delivered orally with a written transcript to follow...
BRIEF-Titan Minerals Intends To Make Formal Offer To Acquire Ecuador-Focussed Core Gold Inc - Reuters
16-Sep-2019 03:48:36 Sept 16 (Reuters) - Titan Minerals Ltd <TTM.AX>:
* INTENDS TO MAKE FORMAL OFFER TO ACQUIRE 100% OF
CANADIAN-BASED,
ECUADOR-FOCUSSED CORE GOLD INC
* OFFER TO INCLUDE 2.5 FULLY PAID ORDINARY SHARES OF TITAN
FOR
EACH CORE GOLD COMMON SHARE HELD, VALUING CORE GOLD SHARES AT
CAD$0.422
* CO ACQUIRED ALL OF CORE GOLD'S SECURED DEBT IN PRINCIPAL
AMOUNT
OF US$2.5 MILLION
Source text for Eikon: [ID:nASX3Rwyyp]
Further company coverage: [TTM.AX]
((Reuters.Briefs@thomsonreuters.com
)(c) Copyright Thomson Reuters 2019. Click For Restrictions - https://agency.reuters.com/en/copyright.html
nFWN2640LK
----------
(C) Thomson Reuters 2019. All rights reserved. The Thomson Reuters content received through this service is the intellectual property of Thomson Reuters or its third party suppliers. Republication or redistribution of content provided by Thomson Reuters is expressly prohibited without the prior written consent of Thomson Reuters, except where permitted by the terms of the relevant Thomson Reuters service agreement. Neither Thomson Reuters nor its third party suppliers shall be liable for any errors, omissions or delays in content, or for any actions taken in reliance thereon. Thomson Reuters and its logo are registered trademarks or trademarks of the Thomson Reuters group of companies around the world.
16-Sep-2019 03:48:36 Sept 16 (Reuters) - Titan Minerals Ltd <TTM.AX>:
* INTENDS TO MAKE FORMAL OFFER TO ACQUIRE 100% OF
CANADIAN-BASED,
ECUADOR-FOCUSSED CORE GOLD INC
* OFFER TO INCLUDE 2.5 FULLY PAID ORDINARY SHARES OF TITAN
FOR
EACH CORE GOLD COMMON SHARE HELD, VALUING CORE GOLD SHARES AT
CAD$0.422
* CO ACQUIRED ALL OF CORE GOLD'S SECURED DEBT IN PRINCIPAL
AMOUNT
OF US$2.5 MILLION
Source text for Eikon: [ID:nASX3Rwyyp]
Further company coverage: [TTM.AX]
((Reuters.Briefs@thomsonreuters.com
)(c) Copyright Thomson Reuters 2019. Click For Restrictions - https://agency.reuters.com/en/copyright.htmlnFWN2640LK
----------
(C) Thomson Reuters 2019. All rights reserved. The Thomson Reuters content received through this service is the intellectual property of Thomson Reuters or its third party suppliers. Republication or redistribution of content provided by Thomson Reuters is expressly prohibited without the prior written consent of Thomson Reuters, except where permitted by the terms of the relevant Thomson Reuters service agreement. Neither Thomson Reuters nor its third party suppliers shall be liable for any errors, omissions or delays in content, or for any actions taken in reliance thereon. Thomson Reuters and its logo are registered trademarks or trademarks of the Thomson Reuters group of companies around the world.
na ja, im 2. Anlauf sollte das wohl klappen (*), obwohl man noch weit von CAD0.422 entfernt ist:
https://web.tmxmoney.com/quote.php?qm_symbol=CGLD
(*) ein Indiz dafür mMn, siehe oben:
* CO ACQUIRED ALL OF CORE GOLD'S SECURED DEBT IN PRINCIPAL AMOUNT OF US$2.5 MILLION
--> das könnte man als Druckmittel seitens Titan ansehen
https://web.tmxmoney.com/quote.php?qm_symbol=CGLD
(*) ein Indiz dafür mMn, siehe oben:
* CO ACQUIRED ALL OF CORE GOLD'S SECURED DEBT IN PRINCIPAL AMOUNT OF US$2.5 MILLION
--> das könnte man als Druckmittel seitens Titan ansehen
-13% -- kalte Dusche heute, weil:
17.12.
Core Gold Provides Update On Its Strategic Process
https://www.coregoldinc.com/news-releases/2019/core-gold-pro…
...Core Gold Inc. ... is today providing this update to its previously announced strategic process. As well, on December 9, 2019, Core Gold announced that it was in advanced negotiations with another company as a result of that strategic process. Core Gold is also providing an update on those negotiations.
Strategic Process Summary
In July 2019, Core Gold recommenced its strategic review process of alternatives available to Core Gold, including equity or debt financings, core and non-core asset sales, strategic investments and joint ventures, as well as a potential merger of Core Gold with another company. The opening phase of that process continued through to the end of October, 2019.
In the strategic process, 65 parties were contacted by Core Gold, of which 49 responded and 17 entered into confidentiality agreements. Titan Minerals Limited ("Titan") (which announced on December 9, 2019 that it will improve its existing unsolicited offer to purchase all of the outstanding Core Gold common shares by increasing the consideration in its offer to 3.1 Titan ordinary shares for each 1 (one) Core Gold common share (the "Titan Increased Offer") from the original 2.5 Titan ordinary shares (the "Titan Original Offer")), did not sign a confidentiality agreement or participate in the strategic process, although they were invited to do so.
As a result of the strategic process, 5 non-binding confidential proposals were made to Core Gold, and all of which were subject to conditions. Three (3) of the proposals related to proposed joint ventures on Core Gold's projects, two (2) of which were related exclusively to the Company's Copper Duke Project, and all were considered unanimously by the board of Core Gold (the "Board") to be insufficiently value maximizing directly to Core Gold shareholders to warrant pursuing further given the other proposals that were made.
The fourth proposal was an all-share merger proposed by another TSX listed junior mining producer with a similar market capitalization to Core Gold. That proposal did not specify an exchange ratio, and remained subject to diligence and the necessity of financing, and was unanimously not considered sufficiently attractive for financial and strategic reasons by the Board to continue to pursue.
The final non-binding proposal was made by a senior producing gold company with a market capitalization in excess of US$4 billion (the "Interested Party"). This non-binding proposal has been subject to significant and lengthy negotiations, but the Board has, for the reasons set forth below, determined not to accept the Interested Party's stated last and final offer.
Core Gold and the Interested Party did enter into a confidentiality agreement in September 2019. On December 13, 2019, in its stated last and final non-binding offer, the Interested Party waived the confidentiality provisions of that agreement thus permitting Core Gold to make these disclosures.
...
Assessment of the Final December Proposal
The Board, together with its legal advisors, has assessed the Original September Proposal and the Final December Proposal and has unanimously rejected the Final December Proposal.
The Board's decision is based on many factors and assessments, but when looked at collectively, and considering the current circumstances of Core Gold, the Board has determined that the Final December Proposal should be rejected, but remains open to further amendments and proposals from the Interested Party. The Board has considered and assessed these factors among others:
...
The Board has not made any recommendation with respect to the Titan Original Offer or the Titan Increased Offer and has not entered into any agreement with Titan. Core Gold shareholders are continued to be advised to take no further action.
The Board is assessing its response to the Titan Increased Offer and will issue a press release and responding Directors' Circular in accordance with applicable securities laws.
...
Uffff!
17.12.
Core Gold Provides Update On Its Strategic Process
https://www.coregoldinc.com/news-releases/2019/core-gold-pro…
...Core Gold Inc. ... is today providing this update to its previously announced strategic process. As well, on December 9, 2019, Core Gold announced that it was in advanced negotiations with another company as a result of that strategic process. Core Gold is also providing an update on those negotiations.
Strategic Process Summary
In July 2019, Core Gold recommenced its strategic review process of alternatives available to Core Gold, including equity or debt financings, core and non-core asset sales, strategic investments and joint ventures, as well as a potential merger of Core Gold with another company. The opening phase of that process continued through to the end of October, 2019.
In the strategic process, 65 parties were contacted by Core Gold, of which 49 responded and 17 entered into confidentiality agreements. Titan Minerals Limited ("Titan") (which announced on December 9, 2019 that it will improve its existing unsolicited offer to purchase all of the outstanding Core Gold common shares by increasing the consideration in its offer to 3.1 Titan ordinary shares for each 1 (one) Core Gold common share (the "Titan Increased Offer") from the original 2.5 Titan ordinary shares (the "Titan Original Offer")), did not sign a confidentiality agreement or participate in the strategic process, although they were invited to do so.
As a result of the strategic process, 5 non-binding confidential proposals were made to Core Gold, and all of which were subject to conditions. Three (3) of the proposals related to proposed joint ventures on Core Gold's projects, two (2) of which were related exclusively to the Company's Copper Duke Project, and all were considered unanimously by the board of Core Gold (the "Board") to be insufficiently value maximizing directly to Core Gold shareholders to warrant pursuing further given the other proposals that were made.
The fourth proposal was an all-share merger proposed by another TSX listed junior mining producer with a similar market capitalization to Core Gold. That proposal did not specify an exchange ratio, and remained subject to diligence and the necessity of financing, and was unanimously not considered sufficiently attractive for financial and strategic reasons by the Board to continue to pursue.
The final non-binding proposal was made by a senior producing gold company with a market capitalization in excess of US$4 billion (the "Interested Party"). This non-binding proposal has been subject to significant and lengthy negotiations, but the Board has, for the reasons set forth below, determined not to accept the Interested Party's stated last and final offer.
Core Gold and the Interested Party did enter into a confidentiality agreement in September 2019. On December 13, 2019, in its stated last and final non-binding offer, the Interested Party waived the confidentiality provisions of that agreement thus permitting Core Gold to make these disclosures.
...
Assessment of the Final December Proposal
The Board, together with its legal advisors, has assessed the Original September Proposal and the Final December Proposal and has unanimously rejected the Final December Proposal.
The Board's decision is based on many factors and assessments, but when looked at collectively, and considering the current circumstances of Core Gold, the Board has determined that the Final December Proposal should be rejected, but remains open to further amendments and proposals from the Interested Party. The Board has considered and assessed these factors among others:
...
The Board has not made any recommendation with respect to the Titan Original Offer or the Titan Increased Offer and has not entered into any agreement with Titan. Core Gold shareholders are continued to be advised to take no further action.
The Board is assessing its response to the Titan Increased Offer and will issue a press release and responding Directors' Circular in accordance with applicable securities laws.
...
Uffff!
ich muss schon sagen, dass ich jetzt hier etwas überfordert bin. uralte steuerfreie Dynasties, kaum noch beachtet und jetzt krieg ich vom Depot eine Variante 1 vorgeschlagen, mich bis zum 9.1.20 auszahlen zu lassen. Es gibt keine Variante 2 zum Umtausch, weil ich weder US-Bürger bin, noch da drüben lebe. Das ganze aber zum 1. Angebot 1:2,5, das schon wieder überholt zu sein scheint.
Dazu schweben anscheinend noch 4 weitere Angebote im Raum und unten die Empfehlung, nichts zu tun...na dann...alles bleibt anders?
Dazu schweben anscheinend noch 4 weitere Angebote im Raum und unten die Empfehlung, nichts zu tun...na dann...alles bleibt anders?
Trading Spotlight
Kanada, nicht USA.:
siehe das 1.Angebot z.B.:
--> siehe ab Seite 54:
--> vordergründig geht es da mMn um den Income Tax Act (Canada), was auch sicherlich so ist, aber hintergründig geht es da mMn um die USA, die aber oben nicht relevant erwähnt werden, weil man sich so auch mögliche Verwicklungen mit US-Regularien ersparen kann
--> in meinen Augen ist die Auslegung, daß sich Non-Resident Holders nur in Cash auszahlen lassen können, nicht richtig. Diese Variante gibt obiger Prospekt mMn nicht her, sondern sagt mMn nur, daß für Non-Resident Holders im allgemeinen der Income Tax Act (Canada) nicht gilt, was ja auch logisch ist (gelten in Bezug auf mögliche Capital gains bei Aktienumtausch)
siehe das 1.Angebot z.B.:
--> siehe ab Seite 54:
--> vordergründig geht es da mMn um den Income Tax Act (Canada), was auch sicherlich so ist, aber hintergründig geht es da mMn um die USA, die aber oben nicht relevant erwähnt werden, weil man sich so auch mögliche Verwicklungen mit US-Regularien ersparen kann
--> in meinen Augen ist die Auslegung, daß sich Non-Resident Holders nur in Cash auszahlen lassen können, nicht richtig. Diese Variante gibt obiger Prospekt mMn nicht her, sondern sagt mMn nur, daß für Non-Resident Holders im allgemeinen der Income Tax Act (Canada) nicht gilt, was ja auch logisch ist (gelten in Bezug auf mögliche Capital gains bei Aktienumtausch)
Antwort auf Beitrag Nr.: 62.224.862 von faultcode am 24.12.19 03:30:30
https://reorgdocumentlibrary.broadridge.com/Client/Client?da…
=>
neues Angebot: 3.1 Titan-Aktien für eine Core Gold-Aktie
17.12.https://reorgdocumentlibrary.broadridge.com/Client/Client?da…
=>
Vielen Dank für deine Einschätzung.
Ja im Angebotschreiben steht, gilt für US-Bürger und Leute mit Wohnsitz in US/CA.
Ich gehöre zu den "ineligible foreign shareholders" und bin nicht berechtigt, die resultierende Gattung zu verwahren...eiei... und muss mich bar abfinden lassen.
Da kriegt man als Laie das Gefühl, dass man nach dem Termin seine shares verbrennen kann haa.
Ist auch egal, weil das erstens eh schon überholt ist, zweitens andere Optionen noch offen sind und drittens werd ich mich mal neugierigerweise an den Rat halten...
"Core Gold shareholders are continued to be advised to take no further action"
Schau mer mal, dann sehn mer schon
)
Ja im Angebotschreiben steht, gilt für US-Bürger und Leute mit Wohnsitz in US/CA.
Ich gehöre zu den "ineligible foreign shareholders" und bin nicht berechtigt, die resultierende Gattung zu verwahren...eiei... und muss mich bar abfinden lassen.
Da kriegt man als Laie das Gefühl, dass man nach dem Termin seine shares verbrennen kann haa.
Ist auch egal, weil das erstens eh schon überholt ist, zweitens andere Optionen noch offen sind und drittens werd ich mich mal neugierigerweise an den Rat halten...
"Core Gold shareholders are continued to be advised to take no further action"
Schau mer mal, dann sehn mer schon
)
mit fällt noch ein: eine Abfindung in Cash kann (eventuell) gar nicht im Sinne von Titan Minerals sein, da (vielleicht) viel zu teuer, wenn zu viele Aktionäre einen Wohnsitz außerhalb CA/(US) haben
--> eigentlich ist der Standardfall doch cash-schonend in eigener Währung, also den eigenen Aktien, zu zahlen
--> manchmal geht das nicht oder wäre zu unattraktiv für die Zielaktionäre und dann muß man zur Mischform bis hin zur reinen Barabfindung greifen; das sollte aber mMn nicht für so ein kleines Unternehmen wie Titan mit gerade mal AUD4.5mio Cash (*) gelten
(*) aus: Quarterly Activities Report, Three Months Ended 30 September 2019
...
Cash and working capital
As at 30 September 2019 the Company had a reported cash position of $4.5M.
--> eigentlich ist der Standardfall doch cash-schonend in eigener Währung, also den eigenen Aktien, zu zahlen
--> manchmal geht das nicht oder wäre zu unattraktiv für die Zielaktionäre und dann muß man zur Mischform bis hin zur reinen Barabfindung greifen; das sollte aber mMn nicht für so ein kleines Unternehmen wie Titan mit gerade mal AUD4.5mio Cash (*) gelten
(*) aus: Quarterly Activities Report, Three Months Ended 30 September 2019
...
Cash and working capital
As at 30 September 2019 the Company had a reported cash position of $4.5M.
6.1.
Core Gold Provides an Update on Restructuring of Titan Minerals Debt
https://www.globenewswire.com/news-release/2020/01/07/196752…
...
Core Gold has entered into agreements with Titan Minerals on January 6, 2020 (the "January 2020 Amending Agreements") pursuant to which the August 2019 Amendments have been terminated and cancelled and the Debt has been amended as follows (collectively, the " January 2020 Amendments"):
The maturity date of the Promissory Notes has been extended from March 31, 2019 to March 31, 2020;
The maturity date of the Convertible Notes has been extended from March 31, 2019 to March 31, 2020;
The conversion option of the Convertible Notes expired on March 31, 2019, as a result the previously convertible Convertible Notes are now straight loans without any conversion features attached; and
The restrictions on transfer of the Promissory Notes have been removed.
The Convertible Notes are no longer convertible as a result of the January 2020 Amendments. Accordingly TSXV approval of the January 2020 Amendments is not required.
...
--> ist das nun gut oder schlecht??
Core Gold Provides an Update on Restructuring of Titan Minerals Debt
https://www.globenewswire.com/news-release/2020/01/07/196752…
...
Core Gold has entered into agreements with Titan Minerals on January 6, 2020 (the "January 2020 Amending Agreements") pursuant to which the August 2019 Amendments have been terminated and cancelled and the Debt has been amended as follows (collectively, the " January 2020 Amendments"):
The maturity date of the Promissory Notes has been extended from March 31, 2019 to March 31, 2020;
The maturity date of the Convertible Notes has been extended from March 31, 2019 to March 31, 2020;
The conversion option of the Convertible Notes expired on March 31, 2019, as a result the previously convertible Convertible Notes are now straight loans without any conversion features attached; and
The restrictions on transfer of the Promissory Notes have been removed.
The Convertible Notes are no longer convertible as a result of the January 2020 Amendments. Accordingly TSXV approval of the January 2020 Amendments is not required.
...
--> ist das nun gut oder schlecht??
ich weiß gar nicht, was da los ist und wie weit Vereinbarungen getroffen worden sind...neben meinem bescheidenen Verständnis über offene mehrere Optionen kann ich nur feststellen, dass die Limitierung der Umtauschberechtigten shareholder auf US-Bürger / Kanadier aufgehoben ist und jetzt alle umtauschberechtigt sind. Also keine Zwangsabfindung. Auch wenn es alte,steuerfreie Dynastyaktien sind und ich keinen Verlust abschreiben kann, ich hab zu wenige, um mir darüber Sorgen zu machen.
Ist eine von den Aktien, die ich spekulativ vor 2008 erwarb und dabei wie viele sicher auch den Fehler machte, nicht bei 100% Gewinn zu verkaufen, weil man noch viel mehr steuerfreien Gewinn erwartete auf diesem kranken Finanzplaneten. Die eigene Logik und die Gier blendeten damals die Sensibilität von Minenaktien aus, die sich schnell als Tretminen im Depot entpuppen können.
Ist eine von den Aktien, die ich spekulativ vor 2008 erwarb und dabei wie viele sicher auch den Fehler machte, nicht bei 100% Gewinn zu verkaufen, weil man noch viel mehr steuerfreien Gewinn erwartete auf diesem kranken Finanzplaneten. Die eigene Logik und die Gier blendeten damals die Sensibilität von Minenaktien aus, die sich schnell als Tretminen im Depot entpuppen können.
Antwort auf Beitrag Nr.: 62.226.086 von faultcode am 24.12.19 11:51:14hier noch die Meldung vom 14.1.: https://www.investi.com.au/api/announcements/ttm/89b1b70b-b5…
Titan Successful in Bid for Core Gold
=>
Titan Successful in Bid for Core Gold
=>
DurchsuchenBeitrag zu dieser Diskussion schreiben
Zu dieser Diskussion können keine Beiträge mehr verfasst werden, da der letzte Beitrag vor mehr als zwei Jahren verfasst wurde und die Diskussion daraufhin archiviert wurde.
Bitte wenden Sie sich an feedback@wallstreet-online.de und erfragen Sie die Reaktivierung der Diskussion oder starten Sie eine neue Diskussion.
Investoren beobachten auch:
| Wertpapier | Perf. % |
|---|---|
| +1,70 | |
| -0,74 | |
| +1,38 | |
| +2,80 | |
| 0,00 | |
| +0,80 | |
| +0,26 | |
| +25,00 | |
| +1,44 | |
| +8,00 |
Meistdiskutiert
| Wertpapier | Beiträge | |
|---|---|---|
| 55 | ||
| 49 | ||
| 45 | ||
| 43 | ||
| 42 | ||
| 21 | ||
| 13 | ||
| 12 | ||
| 10 | ||
| 10 |
