Gabriel Resources Ltd. announces that it has granted an aggregate of 194,982 incentive stock options under the Company's stock option plan and 104,723 deferred share units under the Company's deferred share unit plan to certain directors of the Company as non-cash directors' fees for service during Q2 2021 . All incentive stock options issued under the Director Grant are exercisable for a period of ten years at $0.30 per [...]
Gabriel Resources Ltd. is pleased to announce the repayment of the outstanding $90,862,000 convertible unsecured notes , including accrued interest, following maturity on June 30, 2021, and to provide an update on securities currently in issue. Convertible Note Repayment As previously announced, the Company has exercised its option to repay all of the principal amount of Notes outstanding by issuing common shares of the [...]
Gabriel Resources Ltd. is pleased to announce that it has priced the repayment of the $90,862,000 convertible unsecured notes currently in issue. The outstanding principal amount of the Notes and accrued interest is repayable by the Company on June 30, 2021 . Under the terms of the Note indenture , the Company has the option to repay all or a proportion of the principal amount of Notes outstanding at maturity by issuing [...]
Further to the news release of May 27, 2021, Gabriel Resources Ltd. is pleased to announce that it has completed closing of its previously announced non-brokered private placement of 30,444,800 common shares of the Company at a price of $0.245 per Common Share for gross proceeds of US$6.0 million , subject to stock exchange and other approvals as applicable. The Company is progressing with its arbitration case against [...]
Issuance of Incentive Stock Options and Deferred Share Units Gabriel Resources Ltd. announces that it has granted an aggregate of 160,392 incentive stock options under the Company's stock option plan and 100,264 deferred share units under the Company's deferred share unit plan to certain directors of the Company as non-cash directors' fees for service during Q1 2021 . All incentive stock options issued under the Director [...]
Gabriel Resources Ltd. announces the publication of its First Quarter Financial statements and Management's Discussion and Analysis Report for the period ended March 31, 2021. Summary Gabriel remains focused on the progression of its arbitration case brought by the Company and its wholly-owned subsidiary, Gabriel Resources Ltd., against the Romanian State under the rules of the International Centre for Settlement of [...]
Gabriel Resources Ltd. is pleased to announce that it has entered into definitive subscription agreements with certain investors in connection with a non-brokered private placement of up to 30,444,800 common shares of the Company at a price of $0.245 per Common Share for gross proceeds of up to US$6.0 million , subject to stock exchange and other approvals as applicable. The Purchase Price has been fixed at the closing [...]
Gabriel Resources Ltd. announces the publication of its Annual Results and Management's Discussion and Analysis Report for the year ended December 31, 2020. Summary Gabriel remains focused on the progression of its arbitration case brought by the Company and its wholly-owned subsidiary, Gabriel Resources Ltd. against the Romanian State under the rules of the International Centre for Settlement of Investment Disputes [...]
Gabriel Resources Ltd. announces that it has granted an aggregate of 421,176 incentive stock options under the Company's stock option plan and 298,237 deferred share units under the Company's deferred share unit plan to certain directors of the Company during Q3 and Q4 2020 as non-cash directors' fees for service during those quarters. All incentive stock options issued under the Director Grant are exercisable for a [...]
Further to the news releases of December 3, 2020, and December 18, 2020, Gabriel Resources Ltd. is pleased to announce that it has completed closing on the final tranche of its previously announced non-brokered private placement of 25,326,972 units of the Company at a price of $0.26 per Unit for gross proceeds of US$5 million . Each Unit consists of one common share of the Company and one half of one Common Share purchase [...]
Further to the news release of December 3, 2020, Gabriel Resources Ltd. is pleased to announce an initial closing of the non-brokered private placement of 25,326,972 units of the Company at a price of $0.26 per Unit for gross proceeds of US$5 million , subject to stock exchange and other approvals as applicable. Each Unit consists of one common share of the Company and one half of one Common Share purchase warrant . Each [...]
Gabriel Resources Ltd. is pleased to announce that it has entered into definitive subscription agreements with certain investors in connection with a non-brokered private placement of up to 25,326,972 units of the Company at a price of $0.26 per Unit for gross proceeds of up to US$5 million , subject to stock exchange and other approvals as applicable. Each Unit will consist of one common share of the Company and one half [...]