Gabriel Resources Ltd. announced on March 8, 2024 that the Company's ICSID arbitration claims against the Romanian Government were dismissed by a two to one majority of the tribunal members , who also awarded Romania approximately US$10 million in legal fees and expenses . The Cost Order incurs simple interest from the date of the award at the [...]
Gabriel Resources Ltd. announced on March 8, 2024 that the Company's ICSID arbitration claims against the Romanian Government were dismissed by a two to one majority and the tribunal awarded Romania approximately US$10 million in legal fees and expenses. The award is binding on the parties and the amount payable incurs simple interest from the date [...]
Gabriel Resources Ltd. announces that the World Bank's International Centre for Settlement of Investment Disputes today issued a decision dismissing, by a two to one majority, the Company's arbitration claims filed against the Romanian Government relating to its investments in the Ro?ia Montan? gold and silvermining project. In addition, the [...]
VANCOUVER, BC, March 8, 2024 /CNW/ - The following issues have been halted by CIRO Company: Gabriel Resources Ltd. TSX-Venture Symbol: GBU All Issues: Yes Reason: Pending News Halt Time : 7:40 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a [...]
Gabriel Resources Ltd. previously announced that the arbitral tribunal must issue its final decision to the parties in its World Bank International Centre for Settlement of Investment Disputes claim against Romania on or before March 12, 2024. The parties have now been informed by ICSID that the Tribunal expects to render its Award this Friday [...]
Gabriel Resources Ltd. previously announced that the arbitral tribunal in its World Bank International Centre for Settlement of Investment Disputes claim against Romania must issue its final decision to the parties on or before March 12, 2024. Gabriel notes the recent increase in its share price and the volume of shares traded. Gabriel is not aware [...]
Gabriel Resources Ltd. announces the expiry of 25,723,372 outstanding warrants to purchase common shares at a price of $0.49 per share . The Company has received no consideration in respect of those 2018 Warrants which lapsed unexercised. Gabriel has the following equity-related securities outstanding: 1,035,976,840 common shares; 76,504,263 [...]
Gabriel Resources Ltd. announces the exercise for cash of 871,400 outstanding warrants to purchase common shares at a price of $0.39 per share . The Company has received consideration of $339,846 in respect of those 2020 Warrants exercised. Gabriel has the following securities outstanding: 1,035,976,840 common shares; 25,723,372 warrants which are [...]
Gabriel Resources Ltd. announces the expiry of 80,702,475 outstanding warrants to purchase common shares at a price of $0.49 per share . The Company has received no consideration in respect of those 2018 Warrants which lapsed unexercised. Gabriel has the following securities outstanding: 1,035,105,440 common shares; 871,400 warrants which are [...]
Gabriel Resources Ltd. previously announced that the proceedings in its World Bank International Centre for Settlement of Investment Disputes claim against Romania had been declared closed by the arbitral tribunal on September 14, 2023. According to Rule 46 of the ICSID Arbitration Rules, the Tribunal must issue its final decision to the parties [...]
Gabriel Resources Ltd. announces the exercise for cash of 7,418,800 outstanding warrants to purchase common shares at a price of $0.39 per share . The Company has received an aggregate consideration of $2,893,332 in respect of those 2020 Warrants exercised. In addition, 2,823,987 of the 2020 Warrants have been exercised on a "Net Exercise" basis [...]
Gabriel Resources Ltd. / or the announces that it intends to provide holders of all outstanding common share purchase warrants with the right to exercise such Warrants, if they so choose, on a "Net Exercise" basis . The proposal will allow each Warrant holder, in lieu of exercising the Warrants by means of payment of cash to the Company, to receive [...]
