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Continental Gold Inc (CNL.TO)

CNL.TO on Toronto Stock Exchange

5.49CAD
6 Mar 2020
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$0.00 (+0.00%)
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Volume
502,024
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Latest Key Developments (Source: Significant Developments)

Zijin Mining Group updates On Progress Of Acquisition Of Stake In Continental Gold
Thursday, 27 Feb 2020 

Feb 27 (Reuters) - Zijin Mining Group Co Ltd <601899.SS>::UPDATES ON PROGRESS OF ACQUISITION OF EQUITY INTEREST IN CONTINENTAL GOLD INC.ALL DOMESTIC & OVERSEAS APPROVALS OR FORMALITIES FOR PROPOSED ACQUISITION OF STAKE IN CONTINENTAL GOLD HAVE BEEN COMPLETED.GOLD MOUNTAINS (H.K.) INTRODUCED COOPERATION PARTNERS TO SUBSCRIBE FOR CERTAIN EQUITY INTEREST IN ZIJIN AMERICA.ALL SHAREHOLDERS OF ZIJIN AMERICA WILL TOTALLY INVEST USD1.378 BILLION IN CASH.  Full Article

Zijin Mining To Acquire Continental Gold In All-Cash Offer For C$1.4 Bln
Monday, 2 Dec 2019 

Dec 2 (Reuters) - Continental Gold Inc ::ZIJIN MINING TO ACQUIRE CONTINENTAL GOLD IN FRIENDLY, ALL-CASH OFFER FOR C$1.4 BILLION.CONTINENTAL GOLD - ZIJIN HAS AGREED TO ACQUIRE SHARES OF CONTINENTAL AT A PRICE OF C$5.50 PER SHARE IN CASH.CONTINENTAL GOLD INC - TRANSACTION HAS BEEN UNANIMOUSLY APPROVED BY BOARD OF DIRECTORS OF CONTINENTAL.CONTINENTAL GOLD INC - ALL-CASH OFFER IS NOT SUBJECT TO A FINANCING CONDITION.CONTINENTAL GOLD INC - ZIJIN HAS AGREED TO PROVIDE CONTINENTAL WITH US$50 MILLION BY SUBSCRIBING FOR CONVERTIBLE DEBENTURES.CONTINENTAL GOLD INC - TERM OF ZIJIN DEBENTURES WILL BE 5 YEARS WITH A 5% INTEREST RATE, PAYABLE SEMI-ANNUALLY IN ARREARS..CONTINENTAL GOLD - ZIJIN WOULD BE ENTITLED TO $35 MILLION TERMINATION FEE, CONTINENTAL WOULD BE ENTITLED TO $35 MILLION REVERSE TERMINATION FEE.  Full Article

Zijin Mining Signs Agreement To Buy Continental Gold For About C$1.33 Bln
Monday, 2 Dec 2019 

Dec 2 (Reuters) - Zijin Mining Group Co Ltd <601899.SS>2899.HK ::SAYS IT SIGNS AGREEMENT TO BUY CONTINENTAL GOLD INC VIA ITS HONG KONG UNIT FOR ABOUT C$1.33 BILLION ($999.92 million).  Full Article

Continental Gold Announces Resignation Of Director
Monday, 7 Jan 2019 

Jan 7 (Reuters) - Continental Gold Inc ::CONTINENTAL GOLD ANNOUNCES RESIGNATION OF DIRECTOR.JAMES GALLAGHER HAS ANNOUNCED HIS DECISION TO RESIGN FROM COMPANY'S BOARD OF DIRECTORS EFFECTIVE JANUARY 8, 2019.  Full Article

Continental Gold Reports Security Incident In The Town Of Buriticá
Thursday, 6 Sep 2018 

Sept 5 (Reuters) - Continental Gold Inc ::CONTINENTAL GOLD REPORTS SECURITY INCIDENT IN THE TOWN OF BURITICÁ.CONTINENTAL GOLD - TWO CONTINENTAL GOLD MINING ENGINEERS WERE ATTACKED BY TWO ARMED INDIVIDUALS IN TOWN OF BURITICÁ.CONTINENTAL GOLD INC - OF ENGINEERS ATTACKED, ONE WAS FATALLY WOUNDED AND OTHER WAS INJURED AND IS CURRENTLY BEING TREATED AND IS IN STABLE CONDITION.  Full Article

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