TORONTO, ONTARIO--(Marketwired - Feb 7, 2014) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") advises that it has concluded a new extended forbearance and amendment agreement (the "Agreement") with Macquarie Bank Limited ("Macquarie") in respect of the project finance facility entered into between Macquarie and the [...]
TORONTO, ONTARIO--(Marketwired - Feb 4, 2014) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") advises that it has concluded an extended forbearance and amendment agreement (the "Agreement") with Macquarie Bank Limited ("Macquarie") in respect of the project finance facility entered into between Macquarie and the Corporation's [...]
TORONTO, ONTARIO--(Marketwired - Jan 27, 2014) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") advises that it has concluded an extended forbearance and amendment agreement (the "Agreement") with Macquarie Bank Limited ("Macquarie"). The Agreement provides for a US$10 million increase in the amount of funds made available under [...]
TORONTO, ONTARIO--(Marketwired - Jan 24, 2014) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") provides the following update on its operations and corporate activities: Operations On January 8, 2014, the Corporation announced that, its wholly-owned subsidiary, Mineração Riacho dos Machados Ltda. ("MRDM"), had received from SUPRAM, the state environmental agency, a temporary suspension of the Autorização Provisória de Operação ("APO") for the RDM Gold Project, Brazil. Representatives of MRDM and SUPRAM have met to discuss the remedial work required in order to resume operations. Works have b... [...]
TORONTO, ONTARIO--(Marketwired - Jan 8, 2014) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") has temporarily suspended production at the RDM gold project, Brazil (the "Project"), which is wholly-owned by the Corporation's subsidiary, Mineração Riacho dos Machados Ltda. ("MRDM"). The suspension follows receipt by MRDM of a temporary suspension of the Autorização Provisória de Operação ("APO") which was previously announced on December 13, 2013. The conditions leading to the suspension of the APO are primarily the result of unusual recent heavy rainfall at the site. MRDM is working with SUPRAM to asse... [...]
TORONTO, ONTARIO--(Marketwired - Jan 7, 2014) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") is pleased to announce that on December 24, 2013 it completed its first gold smelt at the RDM gold project, Brazil (the "Project"), which is wholly owned by the Corporation's subsidiary, Mineração Riacho dos Machados Ltda. ("MRDM"). The Corporation has subsequently completed a second gold smelt and has poured its first doré gold bar of approximately 10.1 kg. Loaded carbon continues to be transferred from the CIL tanks to the ADR plant, where the gold will be stripped from the carbon and recovered in the electrowinning cells, on a routine basis. The Corporation anticipates that gold doré pr... [...]
TORONTO, ONTARIO--(Marketwired - Dec 20, 2013) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") the Corporation, wishes to provide an update on its wholly owned subsidiary, Mineração Riacho dos Machados Ltda. ("MRDM"), which owns and operates the RDM gold project, Brazil (the "Project"). As announced on December 13, 2013, MRDM had received from SUPRAM, the state environmental agency, the Autorização Provisória de Operação ("APO"), a provisional permit, allowing it to proceed with the full operation of its gold producing facilities. Despite several days this week of severe precipitation, which is unusual for this time of year, the process plant has been operating on an... [...]
TORONTO, ONTARIO--(Marketwired - Dec 13, 2013) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") the Corporation, is pleased to announce that its wholly owned subsidiary, Mineração Riacho dos Machados Ltda. ("MRDM"), which owns and operates the RDM gold project, Brazil (the "Project"), has received from SUPRAM, the state environmental agency, the Autorização Provisória de Operação ("APO"), a provisional permit, allowing it to proceed with the full operation of its gold producing facilities. The APO provides the same legal rights as the Licença de Operação ("LO") and allows the Project to proceed in the interim while arrangements are being performed by th... [...]
TORONTO, ONTARIO--(Marketwired - Oct 21, 2013) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") the Corporation, is pleased to announce the continued support by Macquarie Bank Limited ("Macquarie") for the RDM gold project in Brazil ("Project"). The Corporations wholly owned subsidiary, Mineração Riacho dos Machados Ltda. ("MRDM"), which owns and operates the Project, has entered into an agreement with Macquarie to provide additional debt financing for the Project while strategic alternatives for the Corporation and MRDM are being evaluated as mentioned in our previous press release of October 9, 2013. While this additional debt funding will be at Macquarie's discretion, the Corporation is pl... [...]
TORONTO, ONTARIO--(Marketwired - Oct 9, 2013) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") reports that the commencement of gold production at its wholly owned Riacho dos Machados Project ("RDM" or "Project") located in the state of Minas Gerais, Brazil has been delayed into Q4, 2013. The timing of the first gold pour is [...]
Further to its news release dated August 29, Carpathian Gold is pleased to announce the closing of the second tranche of its previously announced bought deal private placement of common shares at a price of $0.14 per share. Cormark Securities Inc. and Macquarie Capital Markets Canada Ltd. acted as underwriters. Today, the Corporation issued a total [...]
Carpathian Gold is pleased to announce the closing of the first tranche of its previously announced bought deal private placement of common shares at a price of $0.14 per share. Cormark Securities Inc. and Macquarie Capital Markets Canada Ltd. acted as underwriters. The Corporation issued a total of 57,871,429 common shares for gross proceeds of [...]
