London, England - Gabriel Resources Ltd. announces the publication of its First Quarter Financial Statements and Management’s Discussion and Analysis Report for the period ended March 31, 2018. Summary The Company remains focused on the progression of its International Centre for Settlement of Investment Disputes , part of the World Bank, arbitration case against Romania . On February 22, 2018, Romania filed its [...]
London, England - Gabriel Resources Ltd. announces that Professor Pierre Tercier has been appointed in succession to Ms. Teresa Cheng as President of the tribunal which will hear and determine the Company’s ICSID arbitration claim against Romania . Following the appointment, the Secretary-General of ICSID has notified the parties that the suspension of the ICSID Arbitration proceeding has been lifted in accordance [...]
London, England - Gabriel Resources Ltd. announces the publication of its Annual Results and Management’s Discussion and Analysis Report for the year ended December 31, 2017. Summary The Company remains focused on the progression of its World Bank International Centre for Settlement of Investment Disputes arbitration case against Romania . On February 22, 2018, Romania filed its counter-memorial with ICSID in [...]
London, England - Gabriel Resources Ltd. announces that Romania filed its counter-memorial with ICSID in response to the Company’s memorial on the merits and quantum of its claim against Romania on February 22, 2018. Gabriel, together with its counsel, White & Case LLP, is currently analyzing the Counter-Memorial with a view to preparing its reply in support of its claim. The Company awaits the appointment by ICSID [...]
Gabriel Resources announces that Ms. Teresa Cheng has tendered her resignation as President of the tribunal appointed to hear and determine the Company’s ICSID arbitration claim against Romania. This follows the appointment of Ms. Cheng on January 6, 2018 as Secretary for Justice of Hong Kong. Following Ms. Cheng’s resignation, the Secretary-General of ICSID has notified the parties of a vacancy on the [...]
Gabriel Resources announces that it has voluntarily applied to delist its common shares from the Toronto Stock Exchange and has received conditional approval to transfer its listing to the TSX Venture Exchange through the streamlined listing procedures of the Exchange. The Company believes that the transfer of its listing to the Exchange will provide for greater operational efficiency and lower costs for the Company [...]
London, England - Gabriel Resources Ltd. announces the publication of its Third Quarter Financial Statements and Management’s Discussion and Analysis Report for the period ended September 30, 2017. Summary The Company’s core focus remains the progression of its arbitration case against Romania before the World Bank’s International Centre for Settlement of Investment Disputes in accordance with the [...]
Gabriel Resources announces the publication of its Second Quarter Financial Statements and Management’s Discussion and Analysis Report for the period ended June 30, 2017. Summary The Company’s core focus is the progression of its arbitration case against Romania before the World Bank’s International Centre for Settlement of Investment Disputes in accordance with the provisions of the Canada-Romania and [...]
London, England (FSCwire) - Further to the announcement made on May 11, 2017, Gabriel Resources Ltd. (“Gabriel” or the “Company”) announces that its Romanian subsidiary, RoÈ™ia Montană Gold Corporation S.A. (“RMGC”), has been served with a decision by the Romanian National Agency for Fiscal Administration (“ANAF”) assessing a liability for value added [...]
London, England (FSCwire) - Further to its announcement of June 29, 2017, Gabriel Resources Ltd. (“Gabriel” or the “Company”)[1] confirms that on June 30, 2017 it filed its statement of claim (the “Memorial”) against Romania before the World Bank's International Centre for Settlement of Investment Disputes ("ICSID"), in accordance with the provisions of the Canada-Romania and UK-Romania [...]
London, England (FSCwire) - Gabriel Resources Ltd. (“Gabriel” or the “Company”)[1] plans to file a statement of claim (the “Memorial”) tomorrow in its arbitration case against Romania seeking an amount equivalent to $5.7 billion[2] as compensation for the losses it incurred as a result of Romania’s investment treaty violations. By licensing and then blocking the implementation of the [...]
We hereby advise of the results of the voting on the matters submitted to the annual meeting of the shareholders of Gabriel Resources held on June 21, 2017. At the Meeting, Shareholders were asked to consider the following matters: Votes by Proxy and in Person General Business Outcome of Vote Votes For Votes Withheld...
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