Avesoro Resources Inc. announces that its controlling shareholder, Avesoro Jersey Limited has announced that AJL has completed the compulsory acquisition of all remaining common shares of the Company not already owned by AJL pursuant to Part 17 of the Canada Business Corporations Act following its previously announced successful takeover bid [...]
Further to the announcement on 4 December 2019, Avesoro Resources Inc. confirms that the last day of dealings in the Company's common stock on the AIM Market of the London Stock Exchange and the Toronto Stock Exchange will be 7 January 2020 and cancellation of admission of the common stock to trading on AIM will become effective at 7.00 a.m. on 8 [...]
Avesoro Resources Inc. announces that it has entered into a loan agreement in connection with an additional working capital facility of up to US$8,500,000 with Avesoro Jersey Limited to assist with satisfying the Company's near term cashflow needs. Loan Agreement The Company intends to draw down the entire amount available under the New Facility in [...]
Avesoro Resources announces that its controlling shareholder, Avesoro Jersey Limited has announced that the offer to acquire all of the issued and outstanding common shares of Avesoro not currently owned by AJL or any of its affiliates or associates for £1.00 in cash per Common Share, as extended on November 22, 2019 for the mandatory extension [...]
Avesoro Resources Inc. announces further to its announcements on August 20, 2019, September 1, 2019, October 17, 2019 and October 21, 2019, that its controlling shareholder, Avesoro Jersey Limited 's offer to acquire all of the issued and outstanding common shares of the Company not currently owned by AJL or any of its affiliates for £1.00 in cash [...]
Avesoro Resources announces the release of its unaudited Financial Statements and Management's Discussion and Analysis for the quarter and nine months ended September 30, 2019. Serhan Umurhan, Chief Executive Officer of Avesoro, commented: "Avesoro's financial performance in Q3 was affected by the operational issues and lower production levels as [...]
Avesoro Resources announces that it has entered into a loan agreement in connection with an additional working capital facility of up to US$5,000,000, in a total of two tranches, with Avesoro Jersey Limited to assist with satisfying the Company's near term cashflow needs. Loan Agreement The Company intends to draw down a first tranche of [...]
Avesoro Resources Inc. announces further to its announcements on August 20, 2019, September 1, 2019, and October 17, 2019, that it has today filed a directors' circular in connection with the offer made on October 17, 2019 by Avesoro Jersey Limited to purchase all of the issued and outstanding common shares of the Company not already owned by AJL [...]
Avesoro Resources announces that, further to its announcements on August 20, 2019 and September 1, 2019, its controlling shareholder, Avesoro Jersey Ltd, has formally commenced an insider bid to acquire all of the issued and outstanding shares of the Company, other than shares owned by AJL, at a price of £1.00 per share. The special committee of [...]
Avesoro Jersey Limited announced today that, further to its announcement on September 1, 2019, it has formally commenced a take-over bid to acquire all of the issued and outstanding common shares of Avesoro Resources Inc. not already owned by AJL or its affiliates, at a price of £1.00 in cash per Common Share. As announced in Avesoro's press [...]
Avesoro Resources Inc. announces its preliminary production results for the quarter ended September 30, 2019 from its New Liberty Gold Mine in Liberia, and Youga Gold Mine in Burkina Faso. Operational Highlights Consolidated gold production of 22,678 ounces in the Quarter, bringing year to date 2019 gold production to 102,113 ounces; New Liberty [...]
Avesoro Resources Inc. announces that a pit wall and ramp failure occurred in the Kinjor pit at the Company's New Liberty Gold mine in Liberia on Tuesday October 1, 2019. The site experienced a wall and ramp failure in the north side of the Kinjor-east pit. There were no injuries or equipment damage arising from the Event. However, mining [...]
