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Cleveland Mining Co Ltd (CDG.AX)

CDG.AX on Australia Stock Exchange

0.05AUD
23 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Cleveland Mining signs MOU with US-based mining focused fund
Monday, 23 May 2016 07:18pm EDT 

Cleveland Mining Co Ltd : Mou signed with large US based mining focused fund for US$25 million gold pre- pay agreement . In addition, Cleveland has obtained bridge funding of AU$2.0M . AU$2.0MLN bridge funds obtained to support completion of drilling program Says the US$25M facility will have a term of 42 months . Funding will be used to re-finance all existing debt, increase cleveland's ownership of premier/o capitão to 100% .  Full Article

Cleveland Mining announces capital raising
Wednesday, 9 Dec 2015 07:16pm EST 

Cleveland Mining Co Ltd:Minimum $2 mln capital raising via placement and share purchase plan.  Full Article

Cleveland Mining secures option to increase ownership in Premier Gold Mine to 100%
Wednesday, 11 Nov 2015 01:17am EST 

Cleveland Mining:Cleveland secures option to increase ownership in premier gold mine to 100%, plus restructures secured finance.Negotiated restructure of current secured loan with platinum partners lp and forbearance on accrued, though unpaid interest payments.Says company plans to now undertake a small equity raise.Says the first payment is targeted for Q2 2015.Secured option from co's JV partner Edifica ParticipaçõEs to increase ownership of premier and CapitãO Gold Projects.  Full Article

Cleveland Mining says Wayne Zekulich has taken role as acting chairman
Sunday, 18 Oct 2015 05:32pm EDT 

Cleveland Mining Co Ltd:Says Wayne Zekulich has now taken the role as acting chairman, effective immediately.  Full Article

Cleveland Mining Co Ltd to issue shares
Wednesday, 4 Feb 2015 04:02am EST 

Cleveland Mining Co Ltd:Issues 333,333 fully paid ordinary shares, at A$0.066 per share.Issues 443,548 fully paid ordinary shares, at A$0.049 per share.Issues 345,744 fully paid ordinary shares, at A$0.039 per share.Says purpose of the issue is for payment for corporate advisory services.  Full Article

Cleveland Mining Company announces termination of orinoco toll mining agreement
Tuesday, 11 Nov 2014 10:54pm EST 

Cleveland Mining Company:Reaches into agreement with fellow Brazilian gold company Orinoco Gold to formally terminate the Toll Mining and Toll Processing agreement between the two companies in relation to Orinoco’s Cascavel Gold Project.Says the decision to terminate the agreement was made after taking into consideration the time required to convert the current underground extraction permit for Cascavel into an open pit extraction permit.Says this would be unacceptable to both Orinoco and Cleveland to allow viable economic returns from the project in an appropriate timeframe.  Full Article

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