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

CDG.AX on Australia Stock Exchange

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17 Apr 2014
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Latest Key Developments (Source: Significant Developments)

BC Iron Ltd Signs Two Memoranda of Understanding With Cleveland Mining Company Limited
Thursday, 2 May 2013 08:23pm EDT 

BC Iron Ltd announced that the Company and Cleveland Mining Company Limited (ASX:CDG) have signed two Memoranda of Understanding (MoU) to earn the rights to acquire up to 80% of three separate iron ore exploration projects in the Brazilian states of Salvador da Bahia and Minas Girais. The MoU propose a staged earn-in process linked to appropriate levels of exploration and development assessment for each successive stage and are conditional upon the satisfactory completion of long form Option to Purchase Agreements. The proposed acquisitions constitute the first iron ore projects in Brazil for the Strategic Alliance (The Alliance) between BC Iron and Cleveland.  Full Article

Cleveland Mining Co Ltd Not To Pay Interim Dividend
Tuesday, 5 Mar 2013 10:43pm EST 

Cleveland Mining Co Ltd announced that no dividends were declared or paid during the half year ended December 31, 2012.  Full Article

Cleveland Mining Co Ltd Announces Holding Interest Of BC Iron (SA) Pty Ltd
Thursday, 21 Feb 2013 04:28pm EST 

Cleveland Mining Co Ltd announced that BC Iron (SA) Pty Ltd has ceased to be substantial shareholder of the Company. Earlier, BC Iron (SA) Pty Ltd had 5.00% interest of voting power in the Company.  Full Article

Cleveland Mining Co Ltd Issues New Ordinary Shares
Tuesday, 19 Feb 2013 12:22am EST 

Cleveland Mining Co Ltd announced that it has issued 18,000,000 fully paid ordinary shares at an issue price of AUD 0.25 per share. The shares are issued to fund the group's exploration and extensional drilling surrounding the Premier Gold Mine and sampling programs and drilling at the Mara Rosa Gold Project.  Full Article

Cleveland Mining Co Ltd Raises AUD 7 Million Through Placement And Share Purchase Plan
Wednesday, 13 Feb 2013 05:46pm EST 

Cleveland Mining Co Ltd announced that it has received firm commitments from institutional and sophisticated investors to raise AUD 7.0 million, comprised of a AUD 5.5 million placement (Placement) and a AUD 1.5 million Underwritten Share Purchase Plan (SPP) both priced at AUD 0.25 per share (together the Capital Raising). The funds will allow the Company to commence: exploration and extensional drilling surrounding the Premier Gold Mine; and sampling programs and drilling at the Mara Rosa Gold Project.  Full Article

Cleveland Mining Co Ltd Appoints Chief Executive Officer
Thursday, 29 Nov 2012 05:32pm EST 

Cleveland Mining Co Ltd announced the appointment of Mr. Peter Fisher as Chief Executive Officer, reporting to Managing Director Mr. David Mendelawitz.  Full Article

Cleveland Mining Co Ltd Announces No FY 2012 Final Dividend
Friday, 14 Sep 2012 03:51am 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 for the financial year 2012.  Full Article

Cleveland Mining Co Ltd Announces Holding Interest Of BC Iron (SA) Pty Ltd
Wednesday, 29 Aug 2012 08:58pm EDT 

Cleveland Mining Co Ltd announced that BC Iron (SA) Pty Ltd has an interest of 8,790,833 ordinary shares, which represents 5.00% of voting power in the Company.  Full Article

Cleveland Mining Co Ltd Announces Issuance Of Shares
Wednesday, 29 Aug 2012 04:22am EDT 

Cleveland Mining Co Ltd announced the issuance of 8,277,665 fully paid ordinary shares at AUD 0.62 per share as well as the issuance of 8,790,833 fully paid ordinary shares at AUD 0.642 per share. The funds will be use for facilities and equipment at the Premier Gold Mine relating to the mining and production of gold including the fabrication and installation of CIL plant; augmenting working capital requirements; and meeting the reasonable contributions under the BCI Strategic Alliance.  Full Article

Cleveland Mining Co Ltd Completes Capital Raising
Tuesday, 21 Aug 2012 07:22pm EDT 

Cleveland Mining Co Ltd announced that it has completed a private placement of approximately 16.9 million new ordinary shares raising approximately AUD 10.7 million before costs. The Company will issue approximately 8.1 million new ordinary shares to sophisticated, professional and institutional investors at AUD 0.62 per share to raise approximately AUD 5.03 million. The funds raised will be used for: facilities and equipment at the Premier Gold Mine relating to the mining and production of gold including the fabrication and installation of CIL plant; augmenting working capital requirements; and meeting the reasonable contributions under the BCI Strategic Alliance.  Full Article

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