Gabriel Resources Ltd. announces the publication of its financial results for the fourth quarter and year ended December 31, 2024. The following summary should be read in conjunction with the Management's Discussion and Analysis and the audited consolidated financial statements of Gabriel for the year ended December 31, 2024, which are available on SEDAR+ at www.sedarplus.ca. Summary Highlights for 2024 and events [...]
Gabriel Resources Ltd. is pleased to announce a second closing of its previously announced non-brokered private placement of up to 114,152,000 units of the Company at a price of C$0.05 per Unit . Pursuant to the second closing, the Company has issued a total of 19,976,600 Units for aggregate gross proceeds of US$0.7 million . For more information on the Offering, please see the Company's press release dated February 19 [...]
Gabriel Resources Ltd. announces that the ad hoc committee appointed to adjudicate its application for annulment of the March 8, 2024 ICSID award has ruled that the provisional stay of enforcement of the Award will continue only if Gabriel provides a guarantee from a bank or a third party with proven solvency for the amount of the cost award. The Annulment Application requested, amongst other things, that the ICSID [...]
Gabriel Resources Ltd. is pleased to announce that it has completed an initial closing of its previously announced non-brokered private placement of up to 114,152,000 units of the Company at a price of C$0.05 per Unit . For more information on the Offering, please see the Company's press release dated February 19, 2025, which is available under the Company's SEDAR+ profile at www.sedarplus.ca. Pursuant to the Initial [...]
US$4 Million Private Placement Gabriel Resources Ltd. is pleased to announce that it plans to complete a private placement of up to 114,152,000 units for a price of C$0.05 per Unit , for total proceeds of up to US$4 million , of which, after the Debt Settlement described below, the Company expects to receive approximately US$2.46 million in net proceeds from the Offering. Each Unit will consist of one common share in the [...]
Gabriel Resources announces the following corporate update on its proposed 10:1 share consolidation and the ICSID annulment proceedings, including recent developments concerning the provisional stay of enforcement and the procedural calendar. Effective Date of Share Consolidation Further to the Company's press release on December 20, 2024, Gabriel has received approval of the TSX Venture Exchange for the consolidation of [...]
Gabriel Resources is pleased to announce that its board of directors has authorized a plan to proceed with a consolidation of its outstanding common shares on the basis of ten pre-consolidation Shares for each one post-consolidation Share. The Consolidation is subject to approval of the TSXV. The Board believes that it would be in the best interests of the Company and its shareholders to effect the Consolidation in order [...]
Gabriel Resources announces the publication of its Third Quarter Financial Statements and Management's Discussion and Analysis for the period ended Sept 30, 2024. Summary Arbitration On March 8, 2024, Gabriel announced that a majority of the presiding tribunal, over the strong dissent of one of the three arbitrators, had issued a final decision dismissing the ICSID arbitration claims filed against the Romanian State and [...]
Gabriel Resources is pleased to announce that it has entered into definitive agreements with certain shareholders in connection with short-term unsecured loans to provide an aggregate US$1.5 million of funding. The Company is in a critical financial condition and required an immediate infusion of short-term working capital to sustain its annulment challenge to the March 2024 decision of the ICSID Tribunal and to fund its [...]
Gabriel Resources announces that all resolutions proposed to the shareholders at the Company's Annual General Meeting held yesterday in Vancouver, were adopted. The resolutions adopted included: The re-election of Anna El-Erian, Jeffrey Couch, Dag Cramer, Ali Erfan, James Lieber and Dragos Tanase as directors of the Company; and The appointment of Ernst & Young LLP as auditors of the Company for the ensuing year and [...]
Gabriel Resources announces that Mr. Daniel Kochav, the nominee of Tenor Capital Management LLC, has tendered his resignation as a member of the Company's board of directors with immediate effect. Through its affiliate, Enescu Investments, Tenor has waived its right to nominate a successor nominee or observer to the Company's board, also with immediate effect. For information on this press release, please contact: Dragos [...]
Gabriel Resources announces that it has filed a notice of dispute against Romania under two bilateral investment protection treaties following the Romanian Government's decision not to extend the term of the Roşia Montană exploitation license. As previously disclosed, Gabriel's majority-owned Romanian subsidiary, Roşia Montană Gold Corporation S.A., submitted a formal request on March 6, 2024 [...]
Indem Sie auf die Schaltfläche "Alle Cookies akzeptieren" klicken, erklären Sie sich damit einverstanden, dass Webseite und Dritte Cookies auf Ihrem Gerät speichern und darauf zugreifen dürfen. Diese Cookies werden für Betrieb der Webseite, Analysen und interessenbezogene Werbung verwendet.
Ihre erteilte Einwilligung können Sie jederzeit ändern oder widerrufen mit Hilfe des "Zahnrad"-Symbols rechts unten in Ihrem Browserfenster.
