03:56:24 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Roxgold Inc (2)
Symbol ROG
Shares Issued 235,782,698
Close 2014-10-23 C$ 0.70
Market Cap C$ 165,047,889
Recent Sedar Documents

Roxgold investor Appian increases control to 14.9%

2014-10-24 13:48 ET - News Release

An anonymous director of Appian Natural reports

APPIAN ACQUIRES SHARES OF ROXGOLD INC.

Between May 21, 2014, and Oct. 23, 2014, Appian Natural Resources Fund acquired ownership and control, through its wholly owned subsidiary, of 5,926,100 common shares of Roxgold Inc. The shares were acquired through the TSX Venture Exchange at the following prices over this period: 979,000 shares at a price of 64 cents per share; 390,500 shares at a price of 66 cents per share; 144,000 shares at a price of 68 cents per share; 1,760,500 shares at a price of 69 cents per share; and 2,652,100 shares at a price of 70 cents per share. These acquisitions resulted in a change in beneficial ownership of such shares. Immediately after the last acquisition on Oct. 23, 2014, and as at Oct. 24, 2014, Appian beneficially owned, or exercised control and direction over, an aggregate of 35,039,013 shares of Roxgold, representing approximately 14.9 per cent of the issued and outstanding shares of Roxgold.

The shares were acquired for investment purposes. Depending on the development of Roxgold's business, financial condition, the market for Roxgold's securities, general economic conditions and other factors, Appian may acquire additional shares of Roxgold, or sell some or all of the shares it holds, in the open market, by private agreement or otherwise.

An early warning report will be filed by Appian in accordance with applicable securities laws and will be available under Roxgold's profile on the SEDAR website.

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