Not for release to US wire services or distribution in the United States Announcement to the Toronto Stock Exchange and Australian Securities Exchange The Board of RTG Mining Inc. is pleased to announce that a comprehensive settlement of all outstanding issues with the Villar Family controlled Sage Capital and TVI Resource Development Inc. has been reached and a binding Memorandum of Agreement signed. On execution of the [...]
Not for release to US wire services or distribution in the United States The Board of RTG Mining Inc. is pleased to announce that Mr Kenneth Caruso has agreed to join the Board of Directors. Mr Caruso has over 40 years of legal experience, specialising in both civil and criminal matters, often involving international jurisdictions. Prior to his current position, he was a partner in the New York office of the global law [...]
RTG Mining Inc. is pleased to announce that Secretary Roy Cimatu of the Department of Environment and Natural Resources signed Department Administrative Order No. 2021-40 on 23 Dec. 2021, lifting the four-year-old ban on the open-pit method of mining for copper, gold, silver, and complex ores in the country. The DENR order covers all mining tenement holders that will adopt a surface mining method and sets strict [...]
RTG Mining is pleased to announce that the Company has successfully completed the issue of approximately 156,277,779 Chess Depository Instruments at a price of A$0.09 per Security to institutional and sophisticated investors pursuant to the private placement announced by the Company on 20 Dec. 2021. The Private Placement raised proceeds of circa US$10 million. Euroz Hartleys and Foster Stockbroking, together with INTE [...]
RTG Mining is pleased to announce that the Company has received commitments to raise approximately US$10 million in a private placement to institutional and sophisticated investors. Euroz Hartleys and Foster Stockbroking, together with INTE Securities LLC and M2-Advisors, acted as Joint Lead Managers to the Private Placement. The Private Placement received strong institutional support, demonstrating the considerable
RTG Mining Inc. is pleased to announce that Justice Patricia Bergin in the Singapore International Commercial Court of the Republic of Singapore has dismissed Galeo Equipment Corporation's application to set aside the Final Award, issued by the Singapore International Arbitration Centre in favour of Mt. Labo Exploration and Development Corp, in its entirety. Mt. Labo would like to thank Mr Davinder Singh SC and his team [...]
RTG Mining is pleased to announce that President Duterte has signed Executive Order 130 which lifts the nine-year ban on granting new mining agreements to stimulate economic growth in the country including increased employment opportunities in remote rural areas. Mt. Labo Exploration and Development Corporation owns the high grade new development copper-gold project, the Mabilo Project, which is permitted to proceed to [...]
RTG Mining is pleased to announce that the Regional Trial Court of Quezon City in the Philippines has dismissed the Petition for Refusal of Recognition and Enforcement of a Foreign Arbitral Award with prayer for issuance of a Writ for Preliminary Injunction filed by Galeo Equipment Corporation against Mt. Labo Exploration and Development Corporation, with respect to the enforcement of the Singapore International [...]
RTG Mining is pleased to announce that Mr Sean Fieler has agreed to join the Board, providing some representation for our North American investors. Mr Fieler is the Chief Investment Officer and President of Equinox Partners Investment Management, a Connecticut-based money manager who is also our largest shareholder. He joined Equinox Partners in 1995 after graduating from Williams College. For the past twenty years, he [...]
RTG Mining is pleased to announce that the Office of the Bougainville Electoral Commission has today declared a new President, Mr Ishmael Toroama. Mr Toroama was a Commander of the Bougainville Revolutionary Army and has a strong record of promoting Peace and Independence for Bougainville, with a stated focus on stamping out any corruption in the Autonomous Bougainville Government and its public service. ABOUT RTG MINING [...]
RTG Mining is pleased to announce that Mt. Labo Exploration and Development Corporation has received a favourable Final Award in the international arbitration against Galeo Equipment Corporation in the Singapore International Arbitration Centre. On 21 August 2020, the Tribunal handed down its Final Award in the matter. The Final Award is a resounding vindication of Mt. Labo's position. Mt. Labo prevailed in all matters [...]
RTG Mining Inc. is pleased to announce that the Company has finalised agreements for the sale of its remaining interests in Thor Explorations Ltd., received in consideration for the sale of the Segilola Gold Project in Nigeria some years ago. RTG has sold its shareholding for a total consideration of C$2.45m and has agreed to sell the royalty for a further C$0.65m in cash and C$0.25m of shares in [...]