From: howestreetbull | 5/2/2015 8:09:23 AM | | | | BGM.v Barkerville investor buys 9.38 million company shares
2015-05-01 16:41 ET - News Release Shares issued 129,649,745 BGM Close 2015-04-30 C$ 0.255
Ms. Lisa McCormack reports
2176423 ONTARIO LTD. ANNOUNCES FILING OF EARLY WARNING REPORT RELATED TO ACQUISITION OF COMMON SHARES OF BARKERVILLE GOLD MINES LTD.
2176423 Ontario Ltd., a company controlled by Eric Sprott, has filed an early warning report. On April 29, 2015, it acquired ownership and control over 9,382,192 common shares of Barkerville Gold Mines Ltd., which, together with the company's existing holdings of 6,515,039 common shares and nine million common share purchase warrants and assuming the exercise of the warrants, represent approximately 17.96 per cent of the issued and outstanding common shares of Barkerville. The acquired shares were purchased on the open market at a price of 26 cents per acquired share.
The acquired shares were acquired for investment purposes. The offeror has a long-term view of the investment and may acquire additional common shares of the issuer either on the open market or through private acquisitions or sell the common shares on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors. |
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From: Rocket Red | 5/6/2015 8:39:00 AM | | | | New Team.New Focus. Welcome to the new barkerville gold mines.
Armed with new leadership, BGM is focused on finding and mining high-grade gold deposits across the breadth of British Columbia's Cariboo Mining District, one of the most celebrated and prospective gold districts in Canada.
New FocusOur Focus is simple: To add new high-grade ounces and deliver shareholder value. In 2015, significant accomplishments include:
- Mined and milled 28,936 tonnes with a head grade of 12.55 grams per tonne and recoveries of 95.6% in 2015 (as of April 23rd, 2015)
- Generated strong free cash flow from gold sales
- Reduced debt by approximately $12 million
- 270% increase in NI 43-101 indicated resource at Cow Mountain deposit
- Hired a new technical and management team
- Began assessment of the regional property potential
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LEGAL INFORMATION©2015 Barkerville Gold Mines Ltd. Stock Symbol: TSX-V: BGM HEAD OFFICE 11th floor - 1100 Melville St. Vancouver, BC Canada V6E 4A6 Tel: (604) 661-4100 Fax: (604) 661-4101 Toll Free: 1-888-222-1442 Privacy Policy Terms of Use |
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From: IngotWeTrust | 3/2/2016 1:36:15 AM | | | | Got an anemic Seeking Alpha bullcrap endorsement of this dead horse in last few days in email box. Hasn't anyone shot the cow on the mountain yet? Crime-in-italy!!! |
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