Fura Gems has closed the second tranche of its previously announced non-brokered private placement of common shares. The Company issued 13,156,445 common shares pursuant to the Second Tranche at a price of $0.60 per share for aggregate gross proceeds of $7,893,867. The Company has raised aggregate proceeds of $12,393,868 pursuant to the Offering [...]
Fura Gems is pleased to announce the launch of its new corporate website, at www.furagems.com, and the availability of its new corporate presentation. The new website features up-to-date information on the Company’s mining assets as well as quick and easy access to in-depth information regarding the Company, its management and board of [...]
Fura Gems is pleased to announce its maiden operations update, including drilling results, for its four ruby licenses 4392, 3868, 3869 and 6811 in Mozambique. Fura prepared this operations update to provide investors with additional information on the exploration planning, drilling, sampling, washing, sorting and the geological studies carried out [...]
TORONTO, Jan. 22, 2018 -- Fura Gems Inc. is pleased to announce that it has completed its acquisition of 76% of the issued and outstanding shares of Esmeracol S.A. , which owns a 100% interest in mining licence no. 122 - 95M . Dev Shetty, President & CEO of Fura, commented: "Fura has achieved one more important milestone by adding the iconic [...]
Jan. 18, 2018 -- Fura Gems Inc. has closed the first tranche of its previously announced non-brokered private placement of common shares . The Company issued 7,500,000 common shares pursuant to the First Tranche at a price of $0.60 per share for aggregate gross proceeds of $4,500,000. Hannam & Partners acted as Fura’s financial adviser in [...]
Fura Gems Inc. intends to complete a private placement offering of common shares of the Company at a price of CAD$0.60 per share for gross proceeds of up to CAD$12.5 million. In connection with the Offering, Fura has entered into a letter of engagement with Hannam & Partners appointing H&P as Fura's financial adviser. The proceeds of the Offering [...]
Fura Gems Inc. has completed its acquisition of Cobadale Ltd. , which owns an 80% effective interest in four Ruby licences in the Montepuez District of Cabo Delgado province in Mozambique . Fura now holds an 80% effective interest in the Assets with the remaining 20% interest, non-dilutive and free carry, being held by the respective local [...]
Fura Gems Inc. is pleased to announce that the TSX Venture Exchange has approved a change of its trading symbol from "FUR" to "FURA". Effective at market opening on November 23, 2017, Fura's common shares will commence trading under the symbol "FURA" on the TSX Venture Exchange. No action is required to be taken by the Company's current [...]
Fura Gems Inc. is pleased to announce the appointment of Rupak Sen as Vice President - Marketing and Sales and Armando Diaz as Project Manager - Colombia. Mr. Sen, Vice President - Marketing and Sales, will be based in Fura's administrative headquarters in Dubai. Mr. Sen will report directly to the President & CEO of the Company and will be [...]
Fura Gems Inc. appoints Joe Carrabba as non-executive chairman of Fura's board of directors, effective immediately. Mr. Carrabba has over 40 years' of international experience in the mining industry. Mr. Carrabba was formerly the Chairman and President & CEO of Cliffs Natural Resources Inc., formerly Cleveland-Cliffs Inc., a leading supplier of [...]
At the request of IIROC, regarding the press release of October 29, 2017 of Fura Gems Inc. , the Company wishes to clarify certain disclosure with respect to its proposed acquisition of Emporium HS S.A.S. The current operation on the Coscuez emerald mine is on a small scale basis and there is currently no preliminary economic assessment nor any [...]
Fura Gems Inc. , a new gemstone mining and marketing company, has entered into a share purchase agreement with Emporium HS S.A.S. pursuant to which Fura has agreed to purchase 76% of the issued and outstanding shares of Esmeracol S.A. from Emporium . Key Highlights Fura to acquire a 76.00% interest in Esmeracol for total consideration of US$10.2 [...]
