Cerro Grande Mining Corp (CEGMF) 0.0589 $CEGMF
Cerro Grande Mining Corporation Announces Debenture Private Placement
PR Newswire - Fri Jul 04, 11:26AM CDT
Cerro Grande Mining Corporation (the "Company" or "CEG"
(TSX: CEG) (OTCQX: CEGMF), announced today a proposed private placement financing of nonconvertible debentures (the "Debentures" with a combined aggregate subscription price of up to US$3,000,000 (the "Offering". The Debentures will bear interest at the rate of 6% per annum, payable in cash, quarterly in arrears. Pursuant to the terms of the Offering, it is proposed that Company will repay 1/6th of the original principal amount of each Debenture semi-annually (each such repayment, a "Repayment". It is also proposed that, at the option of the holder of a Debenture, any Repayment may be satisfied by the tender of: (i) cash;or (ii) gold dore produced from the Company's Pimenton Mine, at a deemed price per ounce of gold of US$1,157 per ounce Proceeds of the private placement are expected to be used for general working capital purposes, including, but not limited to, the repayment of debt, project development and corporate and administrative purposes. Westmount Capital ("Westmount", a Switzerland-based capital markets firm, has been engaged to assist with identifying and introducing purchasers to the Company in connection with the Offering as well as to provide corporate finance advisory services. In consideration for its services, Westmount will receive, subject to Toronto Stock Exchange approval, 500,000 common shares in the capital of the Company as a due diligence fee and may receive an aggregate cash fee equal to 10% of the gross proceeds from the sale of the Debentures to purchasers introduced to the Company by Westmount in connection with the Offering. Forty percent of the cash fee may at the option of Westmount be satisfied by the issuance to Westmount of a non-convertible debenture having the same terms and conditions as the Debentures. The Company is a minerals producing, exploration and development company with properties and activities currently focused in Chile. Forward-Looking Information This news release contains certain forward-looking information. All information, other than information regarding historical fact, that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future is forward-looking information. Forward-looking information contained in this news release includes, but may not be limited to, the completion of the Offering, the expected use of proceeds and the future Repayments. The forward-looking information contained in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. With respect to the forwardlooking information contained in this news release, the Company has made assumptions regarding, among other things, the Company's working capital requirements and the ability of the Company to complete the Offering and satisfy the Repayments. The forward-looking information contained in this news release is subject to a number of risks and uncertainties that may cause actual results or events to differ materially from current expectations, including the inability of the Company to use the proceeds of the Offering towards its working capital requirements and the inability of the Company to complete the Offering or satisfy the Repayments. Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable law, the Company disclaims any obligation to update or modify such forwardlooking information, either because of new information, future events or for any other reason.
Cerro Grande Mining Corporation Announces continuation of Toronto Stock Exchange Delisting Review
PR Newswire - Wed Jun 25, 11:08AM CDT
Cerro Grande Mining Corporation (the "Company" or "CEG" (TSX: CEG) (OTCQX: CEGMF), further to the Company's press release of May 28, 2014, the Company has been advised by the Toronto Stock Exchange ("TSX" that the Continued Listing Committee of the TSX has determined to defer its delisting decision until not later than July 25, 2014.
TSX Delisting Review - Cerro Grande Mining Corporation (Symbol: CEG)
CNW Group - Wed Jun 25, 7:30AM CDT
DELISTING REVIEW Cerro Grande Mining Corporation (the "Company" - Further to TSX Bulletin 2014-0588 dated May 28, 2014, TSX has decided to extend its review of the eligibility of the common shares (Symbol: CEG) of the Company for continued listing for a period of 30 days.
Cerro Grande Mining Corporation Reports that Permission has been Granted to Restart Operations at its Pimenton Gold/Copper Mine
CNW Group - Thu Jun 12, 9:41AM CDT
Cerro Grande Mining Corporation (the "Company" or "CEG" (TSX: CEG) (OTCQX: CEGMF) reported today that it has been given permission to restart operations of its Pimenton mine and expects the mine to be in full operation as soon as possible. The reader is referred to the Company's News Release dated May 16 and May 30, 2014 for further information related to the Pimenton mine shut down. These News Releases are on the Company's website www.cegmining.com.
Cerro Grande Mining Corporation Provides Update on the Timing of the Reopening of the Pimenton Mine
CNW Group - Fri May 30, 7:00AM CDT
Cerro Grande Mining Corporation (the "Company" or "CEG" (TSX: CEG) (OTCQX: CEGMF), reported today that all paper work relating to permitting the camp and plant buildings was filed with the Municipality on Tuesday, May 27(th), 2014 including a missing certificate related to the structural calculations used in the construction of the camp and plant buildings at the Pimenton mine.
Cerro Grande Mining Corporation Reports 3 Months and 6 Months Results for its Fiscal Period Ended March 31, 2014 Compared to Comparable Period a Year Ago and Subsequent Event
PR Newswire - Fri May 16, 7:00AM CDT
Cerro Grande Mining Corporation (the "Company" or "CEG" (TSX: CEG) (OTCQX: CEGMF) announced today its interim unaudited consolidated Financial Statements and Management Discussion and Analysis for the 3 months fiscal quarter ended March 31, 2014 compared to the same quarter a year ago and its results for the six months fiscal period ended March 31, 2014 compared to the six month period ended March 31, 2013 a year ago have been filed on SEDAR and the Company refers the reader to those materials for additional information.
Fluor Posts Fourth Quarter and Full Year 2013 Results
Close-Up Media - Thu Feb 20, 11:30PM CST
Fluor Corp. announced financial results for its fiscal year ended December 31, 2013.
Cerro Grande Mining Corporation Announces its First Fiscal Quarter Ended December 31, 2013 Results Compared to the Comparable Period in 2012 and its Near Term Exploration Plans
CNW Group - Wed Feb 12, 7:00AM CST
Cerro Grande Mining Corporation (the "Company" or "CEG" (TSX: CEG) (OTCQX: CEGMF) reported its unaudited results for its first fiscal quarter ended December 31, 2013 compared to same period in 2012. The Company's financial statements and MD&A for its fiscal first quarter ended December 31, 2013 compared to the comparable quarter in 2012 have been filed on SEDAR. The Company refers the reader to those materials for additional information.
Cerro Grande Mining Corporation Announces Commencement of Toronto Stock Exchange Delisting Review
CNW Group - Mon Jan 27, 7:00AM CST
Cerro Grande Mining Corporation (the "Company" or "CEG" (TSX: CEG) (OTCQX: CEGMF) has been advised that the Toronto Stock Exchange ("TSX" is reviewing the eligibility for continued listing on TSX of the securities of the Company pursuant to Part VII of The Toronto Stock Exchange Company Manual (the "Manual". Specifically, the TSX is reviewing the Company with respect to the requirement to maintain a market value of publicly held listed securities of $2.0 million for 30 previous consecutive trading days.
Cerro Grande Mining Corporation Announces Debenture Private Placement
PR Newswire - Fri Jul 04, 11:26AM CDT
Cerro Grande Mining Corporation (the "Company" or "CEG"
(TSX: CEG) (OTCQX: CEGMF), announced today a proposed private placement financing of nonconvertible debentures (the "Debentures" with a combined aggregate subscription price of up to US$3,000,000 (the "Offering". The Debentures will bear interest at the rate of 6% per annum, payable in cash, quarterly in arrears. Pursuant to the terms of the Offering, it is proposed that Company will repay 1/6th of the original principal amount of each Debenture semi-annually (each such repayment, a "Repayment". It is also proposed that, at the option of the holder of a Debenture, any Repayment may be satisfied by the tender of: (i) cash;or (ii) gold dore produced from the Company's Pimenton Mine, at a deemed price per ounce of gold of US$1,157 per ounce Proceeds of the private placement are expected to be used for general working capital purposes, including, but not limited to, the repayment of debt, project development and corporate and administrative purposes. Westmount Capital ("Westmount", a Switzerland-based capital markets firm, has been engaged to assist with identifying and introducing purchasers to the Company in connection with the Offering as well as to provide corporate finance advisory services. In consideration for its services, Westmount will receive, subject to Toronto Stock Exchange approval, 500,000 common shares in the capital of the Company as a due diligence fee and may receive an aggregate cash fee equal to 10% of the gross proceeds from the sale of the Debentures to purchasers introduced to the Company by Westmount in connection with the Offering. Forty percent of the cash fee may at the option of Westmount be satisfied by the issuance to Westmount of a non-convertible debenture having the same terms and conditions as the Debentures. The Company is a minerals producing, exploration and development company with properties and activities currently focused in Chile. Forward-Looking Information This news release contains certain forward-looking information. All information, other than information regarding historical fact, that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future is forward-looking information. Forward-looking information contained in this news release includes, but may not be limited to, the completion of the Offering, the expected use of proceeds and the future Repayments. The forward-looking information contained in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. With respect to the forwardlooking information contained in this news release, the Company has made assumptions regarding, among other things, the Company's working capital requirements and the ability of the Company to complete the Offering and satisfy the Repayments. The forward-looking information contained in this news release is subject to a number of risks and uncertainties that may cause actual results or events to differ materially from current expectations, including the inability of the Company to use the proceeds of the Offering towards its working capital requirements and the inability of the Company to complete the Offering or satisfy the Repayments. Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable law, the Company disclaims any obligation to update or modify such forwardlooking information, either because of new information, future events or for any other reason. Cerro Grande Mining Corporation Announces continuation of Toronto Stock Exchange Delisting Review
PR Newswire - Wed Jun 25, 11:08AM CDT
Cerro Grande Mining Corporation (the "Company" or "CEG"
(TSX: CEG) (OTCQX: CEGMF), further to the Company's press release of May 28, 2014, the Company has been advised by the Toronto Stock Exchange ("TSX" that the Continued Listing Committee of the TSX has determined to defer its delisting decision until not later than July 25, 2014. TSX Delisting Review - Cerro Grande Mining Corporation (Symbol: CEG)
CNW Group - Wed Jun 25, 7:30AM CDT
DELISTING REVIEW Cerro Grande Mining Corporation (the "Company"
- Further to TSX Bulletin 2014-0588 dated May 28, 2014, TSX has decided to extend its review of the eligibility of the common shares (Symbol: CEG) of the Company for continued listing for a period of 30 days. Cerro Grande Mining Corporation Reports that Permission has been Granted to Restart Operations at its Pimenton Gold/Copper Mine
CNW Group - Thu Jun 12, 9:41AM CDT
Cerro Grande Mining Corporation (the "Company" or "CEG"
(TSX: CEG) (OTCQX: CEGMF) reported today that it has been given permission to restart operations of its Pimenton mine and expects the mine to be in full operation as soon as possible. The reader is referred to the Company's News Release dated May 16 and May 30, 2014 for further information related to the Pimenton mine shut down. These News Releases are on the Company's website www.cegmining.com. Cerro Grande Mining Corporation Provides Update on the Timing of the Reopening of the Pimenton Mine
CNW Group - Fri May 30, 7:00AM CDT
Cerro Grande Mining Corporation (the "Company" or "CEG"
(TSX: CEG) (OTCQX: CEGMF), reported today that all paper work relating to permitting the camp and plant buildings was filed with the Municipality on Tuesday, May 27(th), 2014 including a missing certificate related to the structural calculations used in the construction of the camp and plant buildings at the Pimenton mine. Cerro Grande Mining Corporation Reports 3 Months and 6 Months Results for its Fiscal Period Ended March 31, 2014 Compared to Comparable Period a Year Ago and Subsequent Event
PR Newswire - Fri May 16, 7:00AM CDT
Cerro Grande Mining Corporation (the "Company" or "CEG"
(TSX: CEG) (OTCQX: CEGMF) announced today its interim unaudited consolidated Financial Statements and Management Discussion and Analysis for the 3 months fiscal quarter ended March 31, 2014 compared to the same quarter a year ago and its results for the six months fiscal period ended March 31, 2014 compared to the six month period ended March 31, 2013 a year ago have been filed on SEDAR and the Company refers the reader to those materials for additional information. Fluor Posts Fourth Quarter and Full Year 2013 Results
Close-Up Media - Thu Feb 20, 11:30PM CST
Fluor Corp. announced financial results for its fiscal year ended December 31, 2013.
Cerro Grande Mining Corporation Announces its First Fiscal Quarter Ended December 31, 2013 Results Compared to the Comparable Period in 2012 and its Near Term Exploration Plans
CNW Group - Wed Feb 12, 7:00AM CST
Cerro Grande Mining Corporation (the "Company" or "CEG"
(TSX: CEG) (OTCQX: CEGMF) reported its unaudited results for its first fiscal quarter ended December 31, 2013 compared to same period in 2012. The Company's financial statements and MD&A for its fiscal first quarter ended December 31, 2013 compared to the comparable quarter in 2012 have been filed on SEDAR. The Company refers the reader to those materials for additional information. Cerro Grande Mining Corporation Announces Commencement of Toronto Stock Exchange Delisting Review
CNW Group - Mon Jan 27, 7:00AM CST
Cerro Grande Mining Corporation (the "Company" or "CEG"
(TSX: CEG) (OTCQX: CEGMF) has been advised that the Toronto Stock Exchange ("TSX" is reviewing the eligibility for continued listing on TSX of the securities of the Company pursuant to Part VII of The Toronto Stock Exchange Company Manual (the "Manual". Specifically, the TSX is reviewing the Company with respect to the requirement to maintain a market value of publicly held listed securities of $2.0 million for 30 previous consecutive trading days. 
