Key Developments: Atna Resources Ltd (ATN.TO)
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Latest Key Developments (Source: Significant Developments)
Atna Resources Ltd Receives Mine Expansion Permit For Pinson
Atna Resources Ltd announced that modification of the Pinson Mine Water Pollution Control Permit has been approved and became effective February 5, 2013. This permit approval authorizes Atna to construct and operate the Pinson Mining Project and to extract by underground mining up to 400,000 tons of ore per year for offsite gold processing. The modification replaces the former Pinson Exploration Project permit which allowed the mining of up to 36,500 tons of ore per year. Full Article
Atna Resources Ltd Issues FY 2013 Gold Production Guidance
Atna Resources Ltd announced that it expects to produce between 102,000 and 115,000 ounces of gold in fiscal 2013 with the majority of this production being produced in the second half as Pinson ramps up its production through the year. Full Article
Atna Resources Ltd Completes $17.25 Million Bought Deal Financing
Atna Resources Ltd announced that it has closed the bought deal short form prospectus financing led by Canaccord Genuity Corp. and including NCP Northland Capital Partners Inc. previously announced on August 27, 2012 (the Offering). The Company has issued 15,000,000 common shares at a price of CAD1.00 per share for gross proceeds of CAD15,000,000. The Underwriters also exercised their over-allotment option to acquire an additional 2,250,000 common shares for additional gross proceeds of CAD2,225,000. Including the proceeds from the exercise of the over-allotment option, the total gross proceeds of the Offering were CAD17,250,000. The Underwriters will receive a cash commission of 6.0% of the proceeds raised through the Offering and warrants (Broker Warrants) equal to 6.0% of the common shares issued through the Offering. Each Broker Warrant shall be exercisable to acquire one common share of the Company at an exercise price of CAD1.00 for a period of 18 months from closing. The Company intends to use the net proceeds of the Offering to continue development of the Pinson and Reward projects as well as other properties and for general corporate and working capital purposes. Full Article
Atna Resources Ltd Announces Filing Of Preliminary Short Form Prospectus
Atna Resources Ltd announced that it has filed a preliminary short form prospectus with securities regulatory authorities in each of British Columbia, Alberta, Ontario and Nova Scotia in connection with the bought deal financing announced on August 21, 2012. The Company has entered into an underwriting agreement with Canaccord Genuity Corp. and NCP Northland Capital Partners Inc. pursuant to which the Underwriters have agreed to purchase 15,000,000 common shares of the Company at a price of CAD1.00 per Share for gross proceeds of CAD15,000,000. In addition, the Company has granted the Underwriters an over-allotment option, exercisable in whole or in part at any time until 30 days following the closing of the Offering, to purchase an additional 2,250,000 Shares at CAD1.00 per Share to raise additional gross proceeds of up to CAD2,250,000. The Underwriters will receive a cash fee equal to 6.0% of the gross proceeds raised through the Offering and the over-allotment option. The Company will also issue warrants equal to 6.0% of the total Shares issued. Each Broker Warrant shall be exercisable to acquire one common share of the Company at an exercise price of CAD1.00 for a period of 18 months from closing of the Offering. The net proceeds are intended to be used by the Company for the continued development of the Pinson and Reward projects as well as other properties and for general corporate and working capital purposes. Full Article
Atna Resources Ltd Announces Increase In Previously Announced Financing To CAD15,000,000
Atna Resources Ltd announced that it has amended the terms of the previously announced bought deal public offering with Canaccord Genuity Corp. (Canaccord or the Underwriter) to increase the size of the offering by an additional 2,500,000 common shares of the Company (the Common Shares). Under the amended terms of the offering, the Underwriter has agreed to purchase an aggregate of 15,000,000 Common Shares at a price of CAD1.00 per Common Share for total gross proceeds of CAD15,000,000 (the Offering). In addition, the Underwriter and the Company agreed to amend the terms of the Over-Allotment Option (the Amended Over-Allotment Option) to allow the Underwriter to purchase up to 2,250,000 Common Shares at the offer price and on the same terms as the offering, exercisable at any time, in whole or in part, for a period of 30 days after and including the closing date of the offering. If the Amended Over-Allotment Option is exercised in full, an additional CAD2,250,000 will be raised pursuant to the Offering, for total aggregate gross proceeds of CAD17,250,000. The net proceeds are intended to be used by the Company for the continued development of the Pinson and Reward projects as well as other properties and for general corporate and working capital purposes. Full Article
Atna Resources Ltd Announces $12,500,000 Bought Deal
Atna Resources Ltd announced that it has entered into an agreement with Canaccord Genuity Corp. (Canaccord or the Underwriter) pursuant to which the Underwriter has agreed to purchase, on a bought deal basis, 12,500,000 common shares of the Company (the Common Shares) at a price of CAD1.00 per Common Share for gross proceeds of CAD12,500,000. The Company has granted the Underwriter an option (the Over-Allotment Option) to purchase an additional 1,875,000 Common Shares at the offer price and on the same terms as the offering, exercisable at any time, in whole or in part, for a period of 30 days after and including the closing date of the offering. If the Over-Allotment Option is exercised in full, an additional CAD1,875,000 will be raised pursuant to the Offering, for total aggregate gross proceeds of CAD14,375,000. The Underwriter will receive a cash commission of 6% of the proceeds raised through the offering and warrants (Broker Warrants) equal to 6% of the Common Shares issued through the offering. Each Broker Warrant will be exercisable to acquire one common share of the Company at an exercise price of $1.00 per share for a period of 18 months from the closing. The net proceeds are intended to be used by the Company for the continued development of the Pinson and Reward projects as well as other properties and for general corporate and working capital purposes. Full Article
Atna Resources Ltd. Begins Work At Pinson
Atna Resources Ltd. announced that it has signed an agreement with DMC Mining Services Corporation (DMC) to provide contract mining services at the Pinson Mine, near Winnemucca, Nevada. DMC is expected to mobilize personnel and equipment to the site in January 2012. Atna is presently in the process of retaining key personnel to manage the operation and has commenced rehabilitation of surface facilities and general clean-up operations in preparation of underground development activities. Full Article
Rod Gloss Joins Atna Resources Ltd. As Chief Financial Officer
Atna Resources Ltd. announced that Mr. Rod Gloss has joined Atna's management team as Vice President and Chief Financial Officer effective October 3, 2011. Full Article
Atna Resources Ltd. Acquires Pinson Gold Mine Form Barrick Gold Corporation's Pinson Mining Company
Atna Resources Ltd. announced that it has signed an Asset Purchase and Sale Agreement with Pinson Mining Company (PMC), a subsidiary of Barrick Gold Corporation, to acquire PMC's 70 percent interest in the Pinson Mine, located in Humboldt County, Nevada. On closing, Atna will also sign a non-exclusive Ore Milling and Gold Purchase Agreement with an affiliate of PMC allowing for processing of Pinson Mine ores at Barrick's Goldstrike processing facilities. Full Article
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