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   Gold/Mining/EnergyBGM


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To: ayeyou who wrote (48)3/17/2015 1:11:29 PM
From: Rocket Red
   of 127
 
enough of your trash talk

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From: howestreetbull5/2/2015 8:09:23 AM
   of 127
 
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 Red5/6/2015 8:39:00 AM
   of 127
 
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

Featured Links
Corporate Presentation

Recent Updates
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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: Rocket Red5/13/2015 9:18:55 PM
   of 127
 
May 8/15 May 6/15 Gibson, Gregory Control or Direction Common Shares 10 - Acquisition in the public market 17,000 $0.265 - See more at: canadianinsider.com

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From: Rocket Red5/14/2015 2:50:28 PM
   of 127
 
canadianinsider.com

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From: howestreetbull2/23/2016 8:39:33 AM
1 Recommendation   of 127
 
BGM.v Michael Smedley Top Pick - BNN
bnn.ca

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From: IngotWeTrust3/2/2016 1:36:15 AM
   of 127
 
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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From: howestreetbull4/4/2016 9:06:55 AM
1 Recommendation   of 127
 
Barkerville Gold Mines Ltd.

TSX VENTURE : BGM



April 04, 2016 07:30 ET

Barkerville Announces $13.5 Million Bought Deal Private Placement Financing

TORONTO, ONTARIO--(Marketwired - April 4, 2016) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Barkerville Gold Mines Ltd. (TSX VENTURE:BGM) ("Barkerville" or the "Company") is pleased to announce that it has entered into an agreement with Haywood Securities Inc., as lead underwriter on behalf of a syndicate of underwriters (collectively, the "Underwriters"), under which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 19,290,000 flow-through shares of the Company (the "Flow-Through Shares") at a price of $0.70 per Flow-Through Share (the "Issue Price") for total gross proceeds of $13,503,000 (the "Offering"). The Underwriters have been granted the option (the "Over-Allotment Option") to purchase up to an additional 15% of the number of Flow-Through Shares issuable under the Offering, exercisable in whole or in part at any time up to 48 hours prior to the closing of Offering.

The closing of the Offering is expected to occur on or about April 26, 2016 (the "Closing Date") and is subject to the completion of formal documentation and receipt of regulatory approvals, including the approval of the TSX Venture Exchange.

The proceeds received by the Company from the sale of the Flow-Through Shares will be used to incur Canadian exploration expenses on the Company's properties in the Province of British Columbia that are "flow-through mining expenditures" (as such terms are defined in the Income Tax Act (Canada)) (the "Qualifying Expenditures"). The Qualifying Expenditures will be renounced to the subscribers with an effective date no later than December 31, 2016, in the aggregate amount of not less than the total amount of the gross proceeds raised from the issue of Flow-Through Shares.

In consideration for their services, the Underwriters will receive a cash commission equal to 6.0% of the gross proceeds of the Offering, excluding proceeds from certain shareholders of the Company. As additional consideration, the Company has agreed to pay to the Underwriters a number of broker warrants (the "Broker Warrants") equal to 4.0% of the securities issued under the Offering, excluding securities sold to certain shareholders of the Company. Each Broker Warrant is exercisable into one common share for a period of 24 months at a price equal to the Issue Price.

The securities offered have not been, and will not be, registered under the U.S. Securities Act or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor in any other jurisdiction.

About Barkerville

Barkerville is focused on developing its extensive land package located in the historical Cariboo Mining District of central British Columbia. Barkerville's mineral tenures cover 1,164 square kilometres along a strike length of 60 kilometres which includes several past producing hard rock mines of the historic Barkerville Gold Mining Camp near the town of Wells, British Columbia. The QR Project, located approximately 110 kilometres by highway and all weather road from Wells was acquired by Barkerville in 2010 and boasts a fully permitted 900 tonne/day gold milling and tailings facility. Test mining of the Bonanza Ledge open pit was completed in March 2015 with 91,489 tonnes of ore milled producing 25,464 ounces of gold. Barkerville has completed a number of drilling and exploration programs over the past 20 years and is currently compiling this data with all historical information in order develop geologic models which will assist new management and provide the framework to continue to explore the Cariboo Gold Project. An extensive drill program is currently underway with the goal of delineating additional high grade gold mineralization.

Cautionary Statement on Forward-Looking Information

Neither the TSX Venture Exchange ("TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

CONTACT INFORMATION

Barkerville Gold Mines Ltd.
Tom Obradovich
President & Chief Executive Officer
(416) 361-2511
tobradovich@barkervillegold.com



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From: IngotWeTrust4/29/2016 2:30:39 PM
   of 127
 
I believe we're seeing what amounts to a Fib retracement since the burst of follow on buying emerged with the announcement of OSISKO's participation.

The sustainable rally in the physical gold market, thanks to the Chinese and the new Shanghai bourse opening on April 19th, I'm observing is supporting the stock as the first round of profit taking has run it's course, or nearly so.

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From: howestreetbull5/2/2016 12:15:42 PM
   of 127
 
BGM.v Barkerville Gold and Williams Creek Gold Enter Into Arrangement Agreement
V.BGM | 1 hour ago
(via Thenewswire.ca)

Share exchange transaction will result in shareholders of Williams Creek receiving 6.8 million shares of Barkerville Gold, representing an immediate 77% premium or 65% premium based on a 20 day VWAP. Barkerville Gold’s shareholders gain exposure to Williams Creek’s crown granted mineral claims, located in the heart of the Barkerville Gold Camp

May 2, 2016 / TheNewswire / Toronto, Ontario and Vancouver, British Columbia - Barkerville Gold Mines Ltd. (TSXV: BGM) (“Barkerville”) and Williams Creek Gold Limited (“Williams Creek”) (TSXV: WCX) are pleased to announce that the companies have entered into a definitive arrangement agreement dated April 29, 2016 (the “Agreement”). Pursuant to the terms of the Agreement, Barkerville has agreed to issue an aggregate of 6,800,000 common shares of Barkerville in exchange for all of the issued and outstanding common shares of Williams Creek held by Williams Creek shareholders (the “Transaction”). Upon completion of the Transaction, Williams Creek will become a wholly owned subsidiary of Barkerville and former shareholders of Williams Creek will hold approximately 2.27% of the shares of Barkerville on an outstanding basis.

The Transaction will be implemented by way of plan of arrangement (the “Arrangement”) under the Business Corporations Act (British Columbia). The Arrangement must be approved by two-thirds of the votes cast by shareholders present and voting at the special meeting of Williams Creek shareholders called to consider the Arrangement.

Tom Obradovich, CEO of Barkerville commented “The board of directors of Barkerville believes the proposed transaction will add an important central land package within our dominant land position in the Barkerville camp. This acquisition fits with our strategic focus on finding and mining high-grade gold deposits across British Columbia’s highly celebrated and prospective Cariboo gold district.”

Stephen Leahy, CEO of Williams Creek commented: “This business combination offers Williams Creek shareholders the opportunity to maximize the potential value of their main assets by accessing Barkerville’s more extensive technical and financial resources which are needed to explore and advance our project area. This transaction provides our shareholders exposure to Barkerville’s much larger land base that includes more advanced stage gold targets with defined resources. In our view, the proposal offers shareholders of the combined company the potential for enhanced value appreciation with exposure to a larger asset base in B.C.’s prolific historic Cariboo gold district."

Elaine Ellingham, Chairman of Williams Creek commented: “Our board of directors believes that our shareholder base will benefit from this combination of companies. We are pleased by the premium that shareholders are receiving from Barkerville and the benefits of greater trading liquidity and access to capital. Barkerville’s management team has a solid track record of adding value to exploration projects and has the funding capacity and technical team to unlock the project’s potential with minimal dilution to its shareholder base.”

Summary of Proposed Transaction

Currently, Barkerville has 293,035,668 common shares outstanding and Williams Creek has 109,057,249 common shares outstanding. The board of directors of each of the companies have approved the Arrangement.

Pursuant to the terms of the Agreement, Williams Creek shareholders will receive 0.062353 common shares of Barkerville for each one common share of Williams Creek held, representing a value of approximately $0.0355 per share based on the closing price of Barkerville on the TSX Venture Exchange (“TSXV”) on April 29, 2016. This represents a 65% premium using the 20-day volume weighted average pricing and represents an aggregate value to Williams Creek shareholders of $3.876 million.

Pursuant to the Agreement, Barkerville has agreed to advance Williams Creek an aggregate amount of up to CDN$500,000, available in multiple draws bearing interest at an effective annual rate of 5% per annum (the “Loan”) evidenced by a grid promissory note. The Loan will be secured against the assets of Williams Creek. Subject to the approval of the TSXV, Barkerville shall have the right, at its option, at any time following the termination of the Agreement under the terms and conditions thereof, to convert the Loan into common shares of Williams Creek at a conversion price equal to $0.02. The parties further agreed that Williams Creek will not give effect to any conversion, if, after giving effect to such conversion, Barkerville would own or exercise control or direction over greater than 19.9% of the total outstanding common shares of Williams Creek immediately after giving effect to such conversion

The Arrangement is subject to the approval of the Supreme Court of British Columbia and all applicable regulatory authorities, including the TSXV and the conditions set out in the Agreement. Barkerville and Williams Creek expect to close the transaction on or about August 5, 2016.

The Arrangement includes customary provisions, including fiduciary-out provisions, covenants not to solicit other acquisition proposals and the right to match any superior proposal.

Upon completion of the Transaction, Williams Creek’s common shares will be de-listed from the TSXV and it is expected that Barkerville will apply to cause Williams Creek to cease being a reporting issuer under applicable Canadian securities laws.

A copy of the Agreement will be filed on SEDAR and will be available for viewing under the respective profiles of Barkerville and Williams Creek at www.sedar.com.

Advisors & Counsel

Irwin Lowy LLP is acting as legal counsel to Barkerville. Morton Law LLP is acting as legal counsel to Williams Creek. Primary Capital Inc. has provided a verbal fairness opinion to Williams Creek’s Board of Directors that, as of the date thereof and subject to the assumptions, limitations and qualifications set forth therein, the transaction is fair, from a financial point of view, to the shareholders of Williams Creek.

About Barkerville:

Barkerville is focused on developing its extensive land package located in the historical Cariboo Mining District of central British Columbia. Barkerville’s mineral tenures cover 1,164 square kilometres along a strike length of 60 kilometres which includes several past producing hard rock mines of the historic Barkerville Gold Mining Camp near the town of Wells, British Columbia. The QR Project, located approximately 110 kilometres by highway and all weather road from Wells was acquired by Barkerville in 2010 and boasts a fully permitted 900 tonne/day gold milling and tailings facility. Test mining of the Bonanza Ledge open pit was completed in March of this year with 91,489 tonnes of ore milled producing 25,464 ounces of gold. Barkerville has completed a number of drilling and exploration programs over the past 20 years and is currently compiling this data with all historical information in order to develop geologic models which will assist new management and provide the framework to continue to explore the Cariboo Gold Project. An extensive drill program is currently underway with the goal of delineating additional high grade gold mineralization.

For further information on Barkerville Gold Mines Ltd., please contact:

Tom Obradovich

Chief Executive Officer

(416) 361-2511

tobradovich@barkervillegold.com

For further information on Williams Creek Gold Limited, please contact:

Stephen Leahy

Chief Executive Officer

604-729-4573

Neither the TSXV nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release and has in no way passed upon the merits of the Arrangement and has neither approved nor disapproved of the contents of this press release.

This news release does not constitute an offer to sell or a solicitation of an offer of securities in the United States. The securities issuable in the transaction have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered within the United States or to U.S. Persons unless exemptions from such registration requirements are available

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Arrangement, any information released or received with respect to the Arrangement may not be accurate or complete and should not be relied upon. Trading in the securities of Williams Creek or Barkerville should be considered highly speculative.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

The information in this news release has been prepared as at May 2, 2016. Certain statements in this news release, referred to herein as "forward-looking statements", constitute "forward-looking statements" under the provisions of Canadian provincial securities laws. These statements can be identified by the use of words such as "expected", "may", "will" or similar terms.

Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Barkerville and Williams Creek as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements in this press release relate to, among other things: anticipated benefits of the Transaction to Barkerville and Williams Creek and their respective securityholders; the pro rata shareholdings of the current shareholders of Williams Creek in Barkerville; the timing and receipt of required securityholder, court, stock exchange and regulatory approvals for the Transaction; the ability of Barkerville and Williams Creek to satisfy the other conditions to, and to complete, the Transaction;; the closing of the Transaction. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: satisfaction or waiver of all applicable conditions to closing of the Transaction including, without limitation, receipt of all necessary securityholder, court, stock exchange and regulatory approvals or consents and lack of material changes with respect to the parties and their respective businesses; the synergies expected from the Transaction not being realized; business integration risks; fluctuations in general macro-economic conditions; fluctuations in securities markets and the market price of Barkerville’s shares; fluctuations in the spot and forward price of gold, base metals or certain other commodities; fluctuations in the currency.

Copyright (c) 2016 TheNewswire - All rights reserved.

Tags: GOLD

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