Kerr Mines and American Bonanza Gold are pleased to announce that Kerr Mines has acquired all of the issued and outstanding common shares of American Bonanza by way of plan of arrangement under the Business Corporations Act. The Arrangement was approved by Kerr Mines shareholders by written consent, by American Bonanza shareholders at its annual [...]
American Bonanza and Kerr Mines announce that they have entered into debt conversion agreements with various creditors, pursuant to which the parties have agreed to settle an aggregate of approximately $22.1 million of outstanding indebtedness owed by American Bonanza. American Bonanza will issue an aggregate of up to 886,790,228 common shares to [...]
Kerr Mines and American Bonanza Gold are pleased to announce that, further to their press releases of January 23, 2014 and April 7, 2014, the companies have entered into a definitive arrangement agreement dated as of April 10, 2014. Pursuant to the terms of the Arrangement Agreement, Kerr Mines each American Bonanza shareholder will be entitled to [...]
Kerr Mines and American Bonanza Gold announce that further to their respective press releases of January 23, 2014, they confirm that negotiations are continuing with respect to a definitive agreement pursuant to which Kerr Mines and American Bonanza will merge their respective businesses pursuant to a plan of arrangement. The parties anticipate to [...]
American Bonanza Gold announces that it has entered into a binding letter agreement with Kerr Mines to merge their respective businesses pursuant to an amalgamation or plan of arrangement. Pursuant to the terms of the Letter Agreement, American Bonanza and Kerr Mines have agreed to enter into a definitive agreement for the Transaction. Under the [...]
American Bonanza Gold wishes to provide shareholders with an update on operations at their 100% owned Copperstone gold mine in Arizona. On October 11, 2013, the Company announced that mining and milling operations would be temporarily suspended, as it was unable to generate sufficient revenue to meet its on-going operational costs. Factors [...]
American Bonanza Gold is placing the Copperstone Mine in Arizona on care and maintenance status until further notice. The Company has made this decision in order to cut costs while it reviews operations with a view to improving operational efficiencies, and while it seeks additional capital to fund performance improvements in order to meet designed [...]
American Bonanza Gold is pleased to announce progress at the 100% owned Copperstone gold mine in Arizona during July 2013. The mine made good progress in accessing new ore zones during July, and seven areas of the mine were advanced as potential ore headings in order to increase ore and grade to the mill. As a result, production footage was 44 [...]
American Bonanza Gold is pleased to announce progress at the 100% owned Copperstone gold mine in Arizona during June 2013. A total of 1,224 ounces of gold were produced during June with an increase in the mill feed grade to 0.154 ounces of gold per ton. This gold production represents the highest gold produced in one month at the Copperstone Gold [...]
American Bonanza Gold is pleased to announce that according to proxies received and vote by show of hands, a resolution authorizing the issuance of up to 300,000,000 Common Shares (comprised of 200,000,000 Common Shares and 100,000,000 Common Share upon exercise of Share Purchase Warrants) was passed. Percentage of votes cast are outlined below [...]
American Bonanza Gold is pleased to announce that, further to its news release of June 12, 2013, it has entered into an earn-in agreement with Suparna Gold in connection with the proposed mineral property acquisition and joint venture whereby Suparna may acquire up to a 60% interest in certain mining claims and property comprising the Southwest [...]
American Bonanza Gold is pleased to announce the voting results for the election of its Board of Directors at its annual general meeting which was held on June 26, 2013 in Vancouver. All of the director nominees set out in the management information circular dated May 23, 2013 were re-elected as directors to serve until the next annual general [...]
