Corvus Gold Inc. announces it has received an unsolicited, non-binding proposal from AngloGold Ashanti Ltd. for the acquisition of Corvus Gold Inc. The principal terms of the proposal include AngloGold acquiring all issued and outstanding Corvus shares for consideration of CAD $4.00 per share payable in cash. Management and the Board of Directors [...]
AngloGold Ashanti Ltd. Reg. No. 1944/017354/06 ISIN: ZAE000043485 - JSE share code: ANG CUSIP: 035128206 - NYSE share code: AU AngloGold Ashanti Ltd. is pleased to announce that a non-binding proposal has been submitted to the Board of Directors of Corvus Gold Inc. under which its direct wholly owned subsidiary, AngloGold Ashanti Holdings plc [...]
Zonte Metals Inc. announces that, due to increased demand, it has increased the size of its previous announced non-brokered private placement to $1.4 million consisting of 4,183,167 flow through shares at a price of $0.30 and 723,044 Units at a price of $0.23 for total proceeds of $1,421,250, subject to TSX Venture Exchange approval. Each Unit will [...]
Zonte Metals Inc. has completed a $1.25 million financing consisting of 4,166,667 flow through shares at a price of $0.30 for total proceeds of $1,250,000, subject to TSX Venture Exchange approval. The securities issued pursuant to the Offering will be subject to a four-month and one day statutory hold period. In connection with the private [...]
TSXV: ZON Zonte Metals Inc. is pleased to announce it has signed a drill contract for the Phase 1 drilling at the Cross Hills Iron Oxide Copper Gold Property in Newfoundland and Labrador. The drill rig is scheduled to be mobilized to the target during the second week of January. Drilling will be conducted on the Dunns Mountain target where the [...]
TSXV: ZON Zonte Metals Inc. has closed a $1.2 million financing consisting of 3,624,000 units at a price of $0.25 and 1,126,666 flow through shares at a price of $0.30 for total proceeds of $1,244,000, subject to TSX Venture Exchange approval. Each Unit will consist of one common share and one-half of one share purchase warrant, with each whole [...]
DOUGLAS, Isle of Man, May 25, 2018 /CNW/ - AngloGold Ashanti International Exploration Holdings Limited , a wholly-owned subsidiary of AngloGold Ashanti Ltd., is pleased to announce that it has acquired, by way of a non-brokered private placement, 12,800,000 units of Pure Gold Mining Inc. at a price of $0.62 per Unit, representing an aggregate [...]
TSXV: ZON HALIFAX, Feb. 27, 2018 /CNW/ - Zonte Metals Inc. is pleased to provide an update on the ongoing winter exploration program on the Cross Hills Iron Oxide Copper Gold Project. Zonte's geophysical contractor has carried out a high-resolution ground magnetometer survey on select portions of the Cross Hills Project. The Company is currently in [...]
TSXV: ZON HALIFAX, Nov. 15, 2017 /CNW/ - Zonte Metals Inc. (TSXV: ZON) ("Zonte") is pleased to announce it has signed an option agreement to acquire 100% of the Cross Hills Iron Oxide Copper Gold Project, on the island portion of Newfoundland and Labrador. The property is comprised of 327 claims covering 8175 hectares including 90 claims optioned [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - November 14, 2016) - AngloGold Ashanti (NYSE: AU) announced a significant jump in third-quarter free cash flow to $161m, further improving its net debt position despite a decline in ore grades at some of its operations and a challenging operating environment for its South African business. Free cash flow [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - May 09, 2016) - AngloGold Ashanti (NYSE: AU) today announced strong free cash flow in the first quarter as an ongoing focus on cost management, and leverage to weaker currencies, yielded positive results and improved margins. Free cash flow was $70m, a marked improvement to the outflow of $40m in the first [...]
JOHANNESBURG, SOUTH AFRICA--(Marketwired - February 22, 2016) - AngloGold Ashanti (NYSE: AU) today said it cut net debt by almost a third last year after margins increased despite lower gold prices, and the company generated free cash flow of $160m in the fourth quarter. AngloGold Ashanti delivered on a range of self-help measures last year to [...]