Fura Gems respectively, intends to complete a private placement offering of up to 121,500,000 common shares of the Company at a price of CAD$0.25 per share for gross proceeds of up to CAD$30,375,000. Dev Shetty, Fura’s President and Chief Executive Officer, commented: “The successful completion of this Offering would be a significant [...]
Fura Gems Inc. announces the extension of the drop dead date for the closing of the Merger of Ruby Assets Agreement dated July 14, 2018, as amended . In accordance with the MRAA, on April 29, 2019, the Company gave New Energy Minerals Ltd. written notice to extend the drop dead date of the MRAA from April 30, 2019 to May 31, 2019. The MRAA [...]
Fura Gems Inc. announces the extension of the drop dead date for the closing of the Merger of Ruby Assets Agreement dated July 14, 2018, as amended . In accordance with the MRAA, on March 29, 2019, the Company gave New Energy Minerals Ltd. written notice to extend the drop dead date of the MRAA from March 31, 2019 to April 30, 2019. The MRAA [...]
Fura Gems Inc. announces the extension of the drop dead date for the closing of the Merger of Ruby Assets Agreement dated July 14, 2018, as amended . In accordance with the MRAA, on February 28, 2019, the Company gave New Energy Minerals Ltd. written notice to extend the drop dead date of the MRAA from February 28, 2019 to March 31, 2019. The MRAA [...]
Fura Gems Inc. is pleased to announce the launch of the Provenance Proof Blockchain for the coloured gemstone industry, which is designed to promote industry transparency and is available to stakeholders across the coloured gemstone supply chain, free of charge. Applying the physical tracers to Fura’s sample emerald rough from the Coscuez [...]
Fura Gems Inc. announces that the agreement between Regius Resources Group Ltd. and Fura to acquire the ruby licences/concessions held by Regius has been terminated. Fura continues to advance towards closing its proposed acquisition from New Energy Minerals Ltd. of 75% of the issued shares of Montepuez Minerals Pty Ltd., which owns a 70% interest [...]
Fura Gems Inc. is pleased to announce the filing of its National Instrument 43-101 compliant technical report . This follows the Company’s press release issued on December 12, 2018 announcing the maiden Mineral Resource estimate for its 76% owned Coscuez emerald mine in Colombia . The Technical Report supports the scientific and technical [...]
Fura Gems Inc. is pleased to announce a Corporate Update Webinar with management to discuss an in-depth overview of the Company’s two assets , its recently completed 43-101 resource at Coscuez and an overview of the gemstone market. The Webinar will be hosted by Dev Shetty on Wednesday, January 9th at 11:00am ET. Dev will be available to [...]
Fura Gems Inc. is pleased to announce a maiden Mineral Resource estimate for its 76% owned Coscuez emerald mine in Colombia , and the first Mineral Resource estimate in the Colombian emerald sector. The Coscuez mine – Muzo Formation and Tunnels. The maiden Mineral Resource estimate, prepared and classified by independent group Watts, Griffis [...]
Fura Gems Inc. has closed, on a fully subscribed basis, a non-brokered private placement financing of common shares for gross proceeds of $5,249,000 . Pursuant to the Offering, Fura issued 13,122,500 Shares at a price of $0.40 per Share. The Shares were issued at premium of 25% to the closing price of the Shares on the TSX Venture Exchange on [...]
Key Highlights The purchase consideration for the Mustang Ruby Assets in Mozambique is reduced to A$2,800,000 from A$9,999,999 of Fura shares by way of an A$2,800,000 Loan Agreement entered into between Fura and New Energy Minerals Ltd. . The final date for satisfying the conditions to Closing on the Mustang Ruby Assets is extended to February 28 [...]
Fura Gems intends to complete a private placement offering of up to 13,122,500 million common shares of the Company at a price of CAD$0.40 per share, a premium of 27% to the closing price of Fura’s common shares on the most recent trading day on the TSX Venture Exchange, for gross proceeds of up to CAD$5,249,000 million. The net proceeds of [...]
