Key Developments: Cleveland Mining Co Ltd (CDG.AX)

CDG.AX on Australia Stock Exchange

0.04AUD
18 Dec 2014
Price Change (% chg)

-- (--)
Prev Close
$0.04
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
287,355
52-wk High
$0.12
52-wk Low
$0.04

Search Stocks

Latest Key Developments (Source: Significant Developments)

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

Cleveland Mining Company Limited does not declare dividend
Monday, 29 Sep 2014 04:10am EDT 

Cleveland Mining Company Limited:Says no dividends have been declared or paid on the ordinary shares for the financial year ended June 30.  Full Article

Cleveland Mining Co Ltd signs agreement to increase production
Monday, 28 Jul 2014 12:00am EDT 

Cleveland Mining Co Ltd:Says that it has taken an important step in its regional gold consolidation and growth strategy in central Brazil after signing a Mining Heads of Agreement with fellow Brazilian gold company Orinoco Gold Limited.Says under the arrangement, Cleveland will assist Orinoco in mining, extracting, processing and selling gold ore from Orinoco’s 70 pct. owned Cascavel Project.Says with the material to be transported and processed at Cleveland’s Premier Gold Mine providing an incremental high-grade production growth opportunity.  Full Article

Cleveland Mining Co Ltd does not declare interim dividend
Sunday, 16 Mar 2014 06:09pm EDT 

Cleveland Mining Co Ltd:Says that no dividends were declared or paid during the half-year ended Dec. 31, 2013 (2012: nil).  Full Article

Cleveland Mining Co Ltd enters into convertible debt facility
Wednesday, 4 Dec 2013 02:39am EST 

Cleveland Mining Co Ltd:Says it has entered into a convertible debt facility for $1 million with a term of 12 months.Says the coupon rate is 12 pct with interest payable quarterly in arrears.Says proceeds from the facility are to be used in part to repay convertible notes and accrued interest.  Full Article

Cleveland Mining Co Ltd issues ordinary shares
Monday, 2 Dec 2013 02:23am EST 

Cleveland Mining Co Ltd:Says issue of 833,333 fully paid ordinary shares.Says price at A$0.12 per share.Says the purpose is for capital works to further the development of the Premier Gold Mine in Brazil, and to augment its working capital.  Full Article

Cleveland Mining Co Ltd Does Not Declare Dividend
Wednesday, 30 Oct 2013 02:29am EDT 

Cleveland Mining Co Ltd announced that the Directors do not recommend the payment of a dividend and no amount has been paid or declared by way of a dividend to the date of this report (2012: Nil).  Full Article

Cleveland Mining Co Ltd Completes $3 Million Equity Placement
Sunday, 25 Aug 2013 08:40pm EDT 

Cleveland Mining Co Ltd announced that it has received firm commitments from institutional and sophisticated investors to raise $3 million through a placement of 25 million ordinary shares (Placement) priced at $0.12 per share. Funds raised include $100,000 from a Director of the Company, Mr Russell Scrimshaw. Cleveland will use the proceeds of the Placement for both working capital at the head entity and capital works that will further the development of the Premier Gold Mine in Brazil. These capital works will include: Procurement and installation of a new primary crushing circuit to replace the contract crusher that has been demobilised from site; Commencement of pre-stripping of waste over the higher-grade "Metago" pit at Premier; and Upgrading the process water supply to match the newly-optimised ball mill. In addition, approximately $400,000 of the funds raised through the Placement will be used to repay a loan facility that was established and drawn in late 2012. As a result of the Placement, Cleveland intends not to draw down any further from the Investment Facility provided by Baycrest Capital, doing so without cost or penalty.  Full Article

Cleveland Mining Co Ltd Announces Resignation Of Aaron Finlay As Finance Director
Friday, 12 Jul 2013 01:49am EDT 

Cleveland Mining Co Ltd announced that it has appointed Ms Katrina Grose as Company Secretary. Ms Grose takes over from Finance Director Mr. Aaron Finlay who will be leaving the Company and stepping down from the Board to pursue other career interests.  Full Article

Cleveland Mining Co Ltd Announces Issue Of Shares
Wednesday, 10 Jul 2013 05:07am EDT 

Cleveland Mining Co Ltd announced that it has issued 5,000,000 fully paid ordinary shares at an issue price to be determined in accordance with a VWAP formula as announced on June 17, 2013. The shares are issued to augment the Company’s working capital.  Full Article

No consensus analysis data available.
Search Stocks