Key Developments: Meadow Bay Gold Corp (MAY.TO)

MAY.TO on Toronto Stock Exchange

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16 Sep 2014
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Latest Key Developments (Source: Significant Developments)

Meadow Bay Gold Corp Closes Final Tranche Of Private Placement
Monday, 3 Jun 2013 09:00am EDT 

Meadow Bay Gold Corp announced that it has completed a non-brokered private placement of a total of 2,640,475 units for gross proceeds of $528,095. Each unit consists of one common share and one non-transferable common share purchase warrant, with each warrant exercisable for a period of four years from the closing at a price of $0.30 per share in the first and second years, $0.35 in the third year and $0.40 in the fourth year. The total amount of the private placement proceeds, including the first and second tranches that closed on April 29, 2013 and May 31, 2013, respectively, is $1,041,095, representing a total issuance of 5,171,385 units. The net proceeds of the financing will principally be used to conduct exploration work at Meadow Bay Gold's Atlanta Gold Mine project in Nevada and for general working capital.  Full Article

Meadow Bay Gold Corp Closes Private Placement
Monday, 29 Apr 2013 06:04pm EDT 

Meadow Bay Gold Corp announced that it has completed a non-brokered private placement of 2,530,910 units for gross proceeds of $513,000. Of the 2,530,910 units, 2,190,000 units were issued at a price of $0.20 per unit, and 340,910 units were issued at a price of $0.22 per unit to insiders of the Company. Insiders participating in this private placement include the CEO, CFO, Chief Geologist, and a director of the Company. Each unit consists of one common share and one common share purchase warrant exercisable for a period of four years from the closing at a price of $0.30 per share in the first and second years, $0.35 in the third year and $0.40 in the fourth year. The securities will be subject to a four-month hold period as required under applicable securities laws. A finder's fees was paid to Canaccord Genuity Corp. on a portion of the gross proceeds. The net proceeds of the financing will be used to conduct exploration work at Meadow Bay Gold's one hundred percent owned Atlanta Gold Mine project in Nevada and for general working capital.  Full Article

Meadow Bay Gold Corp Announces Change of CEO
Monday, 14 Jan 2013 06:30am EST 

Meadow Bay Gold Corp announced the resignation of its Interim CEO, Alexander Khutorsky. Robert Dinning, Chairman and former CEO, will resume his duties as CEO. Mr. Khutorsky is returning to the Investment Banking Industry but will remain a Director of the Company.  Full Article

Meadow Bay Gold Corp Closes Private Placement
Friday, 30 Nov 2012 04:05pm EST 

Meadow Bay Gold Corp announced that it has completed a non-brokered private placement of a total of 1,945,200 units at a price of $0.30 per unit for gross proceeds of $583,560. Each unit consists of one common share and one non-transferable common share purchase warrant entitling the holder to purchase one common share of the Company at a price of $0.40 per share for a period of 3 years from closing, provided that, in the event that the closing price of the common shares is equal to or greater than $1.00 for twenty consecutive trading days, the Company will have the right to accelerate the expiry date of the warrant to 30 days following the date of notice thereof given to the holders. The securities will be subject to a four-month hold period as required under applicable securities laws.  Full Article

Meadow Bay Gold Corp Announces Appointment of Alexander Khutorsky As CEO
Tuesday, 9 Oct 2012 12:05am EDT 

Meadow Bay Gold Corp announced that Alexander Khutorsky has joined the Company's Board of Directors and has been appointed interim Chief Executive Officer. Mr. Khutorssky replaces Mr. Robert Dinning who is stepping down as CEO but will remain Chairman of the Board of Directors.  Full Article

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