RIVVF News Alert Rio Novo Gold Inc (RIVVF) 0.1220 02/15/2015
Post# of 64200
Posted On: 02/15/2015 11:46:08 AM
Rio Novo Gold Inc (RIVVF) 0.1220 $RIVVF
Rio Novo Gold Clarifies its Disclosure
Marketwired - Wed Dec 03, 3:16PM CST
As a result of a review by staff of the Ontario Securities Commission, Rio Novo Gold Inc. ("Rio Novo" or the "Company"
(TSX: RN.TO) is issuing this news release to clarify its public disclosure.
Cyprus River Holdings Acquires Ordinary Shares of Rio Novo Gold Inc.
CNW Group - Mon Jul 07, 2:10PM CDT
Cyprus River Holdings Ltd. ("Cyprus River" , an insider of Rio Novo Gold Inc. ("Rio Novo" , announced that on July 3, 2014, through its wholly-owned subsidiary Zoneplan Ltd. ("Zoneplan'), it acquired ownership and control over 12,516,666 ordinary shares of Rio Novo, or approximately 10% of Rio Novo's issued and outstanding ordinary shares. The ordinary shares were acquired pursuant to a private placement at a price of Cdn.$0.075 per ordinary share for an aggregate subscription price of Cdn.$938,749.95. The subscription price was satisfied: (i) as to Cdn.$722,940.45, by Zoneplan tendering for cancellation three outstanding promissory notes having an aggregate principal balance of US$650,000, together with all accrued but unpaid interest earned thereon, in full and final settlement of the obligations of Rio Novo under the promissory notes; and (ii) as to the balance, by a cash payment to Rio Novo in the amount of Cdn.$215,809.50. After giving effect to the private placement, Cyprus River owns or has control or direction over an aggregate of 80,362,800 ordinary shares of Rio Novo, representing approximately 58.36% of Rio Novo's issued and outstanding ordinary shares.
RN.TO: 0.13 (unch)
Rio Novo Gold Clarifies its Disclosure
Marketwired - Wed Dec 03, 3:16PM CST
As a result of a review by staff of the Ontario Securities Commission, Rio Novo Gold Inc. ("Rio Novo" or the "Company"
(TSX: RN.TO) is issuing this news release to clarify its public disclosure. Cyprus River Holdings Acquires Ordinary Shares of Rio Novo Gold Inc.
CNW Group - Mon Jul 07, 2:10PM CDT
Cyprus River Holdings Ltd. ("Cyprus River"
, an insider of Rio Novo Gold Inc. ("Rio Novo" , announced that on July 3, 2014, through its wholly-owned subsidiary Zoneplan Ltd. ("Zoneplan'), it acquired ownership and control over 12,516,666 ordinary shares of Rio Novo, or approximately 10% of Rio Novo's issued and outstanding ordinary shares. The ordinary shares were acquired pursuant to a private placement at a price of Cdn.$0.075 per ordinary share for an aggregate subscription price of Cdn.$938,749.95. The subscription price was satisfied: (i) as to Cdn.$722,940.45, by Zoneplan tendering for cancellation three outstanding promissory notes having an aggregate principal balance of US$650,000, together with all accrued but unpaid interest earned thereon, in full and final settlement of the obligations of Rio Novo under the promissory notes; and (ii) as to the balance, by a cash payment to Rio Novo in the amount of Cdn.$215,809.50. After giving effect to the private placement, Cyprus River owns or has control or direction over an aggregate of 80,362,800 ordinary shares of Rio Novo, representing approximately 58.36% of Rio Novo's issued and outstanding ordinary shares. RN.TO: 0.13 (unch)
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