Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
Provider: Wright Reports

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Highland Gold Mining Ltd Announces Acquisition And Debt Facility With Gazprombank

Tuesday, 2 Apr 2013 02:00am EDT 

Highland Gold Mining Ltd announced the acquisition of 100% of CJSC Bazovye Metally which holds the mining and exploration rights to the Kekura gold deposit and surrounding licence area, for a consideration of USD212 million. An additional USD11 million will be paid in H2 2013 to a contractor upon the successful launch of the pilot plant which is currently being completed. The consideration will be in cash and will be funded via a new debt facility of USD250 million with Gazprombank, which facility will also allow for additional group operational working capital. The acquisition has received approval to proceed from the Russian anti-monopoly authorities. 

Company Quote

0.75 +2.88%
24 Dec 2014