Midway Gold Corp (MDW) 0.94 $MDW
Midway Closes US$55 Million Project Finance Facility with Commonwealth Bank of Australia Pan Project, Nevada
Filing Services Canada - Mon Jul 21, 8:19AM CDT
Midway Closes US$55 Million Project Finance Facility with Commonwealth Bank of Australia Pan Project, Nevada Denver, Colorado (FSCwire) - Midway Gold Corp. ("Midway" or the "Company"
(MDW:TSX, MDW:NYSE-MKT) announces closing of the previously announced US$55 million 3-year senior secured project finance facility (the"Loan Facility" . The Loan Facility is with Commonwealth Bank of Australia (Commonwealth Bank) and will be used to fund continued development of the Companys 100%-owned Pan Gold Mine (Pan), located in White Pine County, Nevada. Pan is currently under construction and first gold pour is expected in the fourth quarter of 2014. The Loan Facility is comprised of two tranches: a project finance facility of US$45 million, plus a cost overrun facility of US$10 million. Advances under the project finance facility will bear interest at LIBOR plus 3.50% to 3.75%, and advances under the cost overrun facility will bear interest at the project finance facility rate plus 2.00%. The Loan Facility is secured by substantially all of the assets of the borrower (MDW Pan LLP, which is comprised solely of the Pan project) and its affiliates. Upon achieving economic completion and meeting certain other requirements, security will be limited to the assets of MDW Pan LLP and guarantees from the Company and one other affiliate. The Loan Facility is subject to customary conditions precedent to draw on the loan including the establishment of an un-margined hedging program through Commonwealth Bank, which provides downside protection for the Companys debt. This program will cover a period of less than two years commencing approximately six months after the planned start of production, and is expected to comprise an estimated 11% of the Pan project's anticipated life-of-mine production based on the current reserve base (see November 2011 Resource Estimate) assuming a spot gold price of approximately $1,300/oz. Commonwealth Bank of Australia is a leading financier to the mining industry globally, with specialist multi-disciplinary teams in New York, London and throughout the Asia-Pacific region with extensive transaction experience and clients spanning single-asset emerging producers to global multi-national mining companies. Commonwealth Bank is among the ten largest banks in the world by market capitalization with an AA- credit rating from S&P and total assets of AUD 782 billion (approximately USD 698 billion) as at 31 December 2013. ON BEHALF OF THE BOARD "Kenneth A. Brunk" Kenneth A. Brunk, Chairman, President and CEO About Midway Gold Corp. Midway Gold Corp. is a precious metals company with a vision to explore, design, build and operate gold mines in a manner accountable to all stakeholders while assuring return on shareholder investments. For more information about Midway, please visit our website at www.midwaygold.com or contact Jaime Wells, Investor Relations Analyst, at 720-979-0900. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...2014_0.pdf Source: Midway Gold Corp. (TSX:MDW, NYSE MKT:MDW) www.midwaygold.com Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
Lake Shore Gold (LSG) in Focus: Stock Adds 5.7% in Session - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Jun 20, 8:46AM CDT
Lake Shore Gold (LSG) was a big mover last session, with shares rising nearly 6% on the day.
Golden Star (GSS) Worth Watching: Stock Moves 12.3% Higher - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Jun 20, 8:25AM CDT
Golden Star Resources (GSS) was a big mover last session, with shares rising over 12% on the day.
M&A Activity Picking up in Gold Junior Space
Peter Epstein, The Motley Fool - Motley Fool - Thu Jun 19, 10:25AM CDT
A few weeks ago, B2Gold (NYSEMKT: BTG) announced a $570 million acquisition of Papillon Resources (NASDAQOTH: PAPQF) . This merger seems to me a very bullish sign for emerging gold producers. Papillon was taken out at about $125/oz of gold....
Midway Announces Results of its 2014 Annual Meeting of Shareholders
Filing Services Canada - Thu Jun 19, 8:19AM CDT
Midway Gold Announces Closing of Over-Allotment
Filing Services Canada - Tue Jun 17, 8:19AM CDT
Pre-Market Review on Metals and Mining Equities -- Research on Stillwater Mining, New Gold, Sandstorm Gold, and Midway Gold
PR Newswire - Mon Jun 09, 6:10AM CDT
The US markets on Friday, June 6, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,924.28, up 0.52% and the NASDAQ Composite closed at 4,321.40, up 0.59%. The S&P 500 finished the session 0.46% higher at 1,949.44. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Materials Sector Index ended the day at 312.84, up 0.52%, with the index advancing 3.98% in the last one month. Investor-Edge has initiated coverage on the following equities: Stillwater Mining Co. (NYSE: SWC), New Gold Inc. (NYSE MKT: NGD), Sandstorm Gold Ltd (NYSE MKT: SAND) and Midway Gold Corp. (NYSE MKT: MDW). Free technical research on SWC, NGD, SAND and MDW can be downloaded upon signing up at:
Midway Gold Completes US$25 Million Bought Deal Offering
Business Wire - Fri Jun 06, 8:15AM CDT
Midway Gold Corp. (TSX and NYSE MKT:MDW) ("Midway Gold" or the "Company" is pleased to announce that it has closed its previously announced bought deal offering of 30,121,000 common shares ("Common Shares" at an offering price of US$0.83 per Common Share for aggregate gross proceeds of US$25,000,430. The offering was conducted through a syndicate of underwriters co-led by RBC Capital Markets and Haywood Securities Inc., and including Canaccord Genuity Corp. and Cormark Securities Inc. (the "Underwriters" .
IIROC Trade Resumption - MDW (all issues)
CNW Group - Fri May 30, 7:21AM CDT
Trading resumes in:
IIROC Trade Resumption - Midway Gold Corp.
Newsfile Corp - Fri May 30, 7:10AM CDT
Trading resumes in:
IIROC Trading Halt - MDW
CNW Group - Thu May 29, 4:04PM CDT
The following issues have been halted by IIROC:
IIROC Trade Halt - Midway Gold Corp.
Newsfile Corp - Thu May 29, 3:57PM CDT
The following issues have been halted by IIROC:
Midway Gold Announces US$25 Million Bought Deal Offering of Common Shares
Marketwire - Thu May 29, 3:47PM CDT
Midway Gold Corp. (TSX: MDW)(NYSE MKT: MDW) ("Midway Gold" or the "Company" is pleased to announce that it has entered into an agreement with a syndicate of underwriters, led by RBC Capital Markets and Haywood Securities Inc., under which the underwriters have agreed to buy 30,121,000 common shares of the Company ("Common Shares" at a price of US$0.83 per Common Share (the "Offering Price" , representing aggregate gross proceeds of US$25,000,430. In addition, the underwriters will also have an over-allotment option exercisable at any time until 30 days following the closing of the offering to increase the size of this offering by up to an additional 3,012,100 Common Shares for additional gross proceeds of up to US$2,500,043.
Midway Announces Filing of Technical Report for Gold Rock Project, Nevada
Business Wire - Thu May 29, 3:35PM CDT
Midway Gold Corp. ("Midway" or the "Company" (MDW:TSX, MDW:NYSE-MKT) announces that it has filed a technical report ("the report" entitled "NI 43-101 Technical Report Updated Mineral Resource Estimate for Gold Rock Project" dated May 29, 2014. The report, by Global Resource Engineering, was prepared in accordance with National Instrument 43-101 in support of the Company's May 28, 2014 news release, which detailed a measured, indicated and inferred mineral resource estimate for its open pit, heap leach Gold Rock Project in White Pine County, Nevada. The report can be found under the Company's profile on SEDAR, available at www.sedar.com.
Midway Closes US$55 Million Project Finance Facility with Commonwealth Bank of Australia Pan Project, Nevada
Filing Services Canada - Mon Jul 21, 8:19AM CDT
Midway Closes US$55 Million Project Finance Facility with Commonwealth Bank of Australia Pan Project, Nevada Denver, Colorado (FSCwire) - Midway Gold Corp. ("Midway" or the "Company"
(MDW:TSX, MDW:NYSE-MKT) announces closing of the previously announced US$55 million 3-year senior secured project finance facility (the"Loan Facility" . The Loan Facility is with Commonwealth Bank of Australia (Commonwealth Bank) and will be used to fund continued development of the Companys 100%-owned Pan Gold Mine (Pan), located in White Pine County, Nevada. Pan is currently under construction and first gold pour is expected in the fourth quarter of 2014. The Loan Facility is comprised of two tranches: a project finance facility of US$45 million, plus a cost overrun facility of US$10 million. Advances under the project finance facility will bear interest at LIBOR plus 3.50% to 3.75%, and advances under the cost overrun facility will bear interest at the project finance facility rate plus 2.00%. The Loan Facility is secured by substantially all of the assets of the borrower (MDW Pan LLP, which is comprised solely of the Pan project) and its affiliates. Upon achieving economic completion and meeting certain other requirements, security will be limited to the assets of MDW Pan LLP and guarantees from the Company and one other affiliate. The Loan Facility is subject to customary conditions precedent to draw on the loan including the establishment of an un-margined hedging program through Commonwealth Bank, which provides downside protection for the Companys debt. This program will cover a period of less than two years commencing approximately six months after the planned start of production, and is expected to comprise an estimated 11% of the Pan project's anticipated life-of-mine production based on the current reserve base (see November 2011 Resource Estimate) assuming a spot gold price of approximately $1,300/oz. Commonwealth Bank of Australia is a leading financier to the mining industry globally, with specialist multi-disciplinary teams in New York, London and throughout the Asia-Pacific region with extensive transaction experience and clients spanning single-asset emerging producers to global multi-national mining companies. Commonwealth Bank is among the ten largest banks in the world by market capitalization with an AA- credit rating from S&P and total assets of AUD 782 billion (approximately USD 698 billion) as at 31 December 2013. ON BEHALF OF THE BOARD "Kenneth A. Brunk" Kenneth A. Brunk, Chairman, President and CEO About Midway Gold Corp. Midway Gold Corp. is a precious metals company with a vision to explore, design, build and operate gold mines in a manner accountable to all stakeholders while assuring return on shareholder investments. For more information about Midway, please visit our website at www.midwaygold.com or contact Jaime Wells, Investor Relations Analyst, at 720-979-0900. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...2014_0.pdf Source: Midway Gold Corp. (TSX:MDW, NYSE MKT:MDW) www.midwaygold.com Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc. Lake Shore Gold (LSG) in Focus: Stock Adds 5.7% in Session - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Jun 20, 8:46AM CDT
Lake Shore Gold (LSG) was a big mover last session, with shares rising nearly 6% on the day.
Golden Star (GSS) Worth Watching: Stock Moves 12.3% Higher - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Jun 20, 8:25AM CDT
Golden Star Resources (GSS) was a big mover last session, with shares rising over 12% on the day.
M&A Activity Picking up in Gold Junior Space
Peter Epstein, The Motley Fool - Motley Fool - Thu Jun 19, 10:25AM CDT
A few weeks ago, B2Gold (NYSEMKT: BTG) announced a $570 million acquisition of Papillon Resources (NASDAQOTH: PAPQF) . This merger seems to me a very bullish sign for emerging gold producers. Papillon was taken out at about $125/oz of gold....
Midway Announces Results of its 2014 Annual Meeting of Shareholders
Filing Services Canada - Thu Jun 19, 8:19AM CDT
Midway Gold Announces Closing of Over-Allotment
Filing Services Canada - Tue Jun 17, 8:19AM CDT
Pre-Market Review on Metals and Mining Equities -- Research on Stillwater Mining, New Gold, Sandstorm Gold, and Midway Gold
PR Newswire - Mon Jun 09, 6:10AM CDT
The US markets on Friday, June 6, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,924.28, up 0.52% and the NASDAQ Composite closed at 4,321.40, up 0.59%. The S&P 500 finished the session 0.46% higher at 1,949.44. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Materials Sector Index ended the day at 312.84, up 0.52%, with the index advancing 3.98% in the last one month. Investor-Edge has initiated coverage on the following equities: Stillwater Mining Co. (NYSE: SWC), New Gold Inc. (NYSE MKT: NGD), Sandstorm Gold Ltd (NYSE MKT: SAND) and Midway Gold Corp. (NYSE MKT: MDW). Free technical research on SWC, NGD, SAND and MDW can be downloaded upon signing up at:
Midway Gold Completes US$25 Million Bought Deal Offering
Business Wire - Fri Jun 06, 8:15AM CDT
Midway Gold Corp. (TSX and NYSE MKT:MDW) ("Midway Gold" or the "Company"
is pleased to announce that it has closed its previously announced bought deal offering of 30,121,000 common shares ("Common Shares" at an offering price of US$0.83 per Common Share for aggregate gross proceeds of US$25,000,430. The offering was conducted through a syndicate of underwriters co-led by RBC Capital Markets and Haywood Securities Inc., and including Canaccord Genuity Corp. and Cormark Securities Inc. (the "Underwriters" . IIROC Trade Resumption - MDW (all issues)
CNW Group - Fri May 30, 7:21AM CDT
Trading resumes in:
IIROC Trade Resumption - Midway Gold Corp.
Newsfile Corp - Fri May 30, 7:10AM CDT
Trading resumes in:
IIROC Trading Halt - MDW
CNW Group - Thu May 29, 4:04PM CDT
The following issues have been halted by IIROC:
IIROC Trade Halt - Midway Gold Corp.
Newsfile Corp - Thu May 29, 3:57PM CDT
The following issues have been halted by IIROC:
Midway Gold Announces US$25 Million Bought Deal Offering of Common Shares
Marketwire - Thu May 29, 3:47PM CDT
Midway Gold Corp. (TSX: MDW)(NYSE MKT: MDW) ("Midway Gold" or the "Company"
is pleased to announce that it has entered into an agreement with a syndicate of underwriters, led by RBC Capital Markets and Haywood Securities Inc., under which the underwriters have agreed to buy 30,121,000 common shares of the Company ("Common Shares" at a price of US$0.83 per Common Share (the "Offering Price" , representing aggregate gross proceeds of US$25,000,430. In addition, the underwriters will also have an over-allotment option exercisable at any time until 30 days following the closing of the offering to increase the size of this offering by up to an additional 3,012,100 Common Shares for additional gross proceeds of up to US$2,500,043. Midway Announces Filing of Technical Report for Gold Rock Project, Nevada
Business Wire - Thu May 29, 3:35PM CDT
Midway Gold Corp. ("Midway" or the "Company"
(MDW:TSX, MDW:NYSE-MKT) announces that it has filed a technical report ("the report" entitled "NI 43-101 Technical Report Updated Mineral Resource Estimate for Gold Rock Project" dated May 29, 2014. The report, by Global Resource Engineering, was prepared in accordance with National Instrument 43-101 in support of the Company's May 28, 2014 news release, which detailed a measured, indicated and inferred mineral resource estimate for its open pit, heap leach Gold Rock Project in White Pine County, Nevada. The report can be found under the Company's profile on SEDAR, available at www.sedar.com. 
