22:51:47 EDT Wed 22 May 2019
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Gold Summary
Symbol C : *MKTGOLD
Recent Sedar Documents

Gold Summary for March 15, 2019

2019-03-15 17:47 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

New York spot gold rose $6.20 to $1,302.00 on Friday. The TSX Venture Exchange rose 4.70 points to 627.77 while the TSX Gold Index added 0.60 point to 193.42. Today was generally slow, but Barrick Gold Corp. (ABX) lost one cent to $17.43 on 19.5 million shares and Kinross Gold Corp. (K) rose four cents to $4.51 on 12.51 million shares.

Paul Begin and Ari Sussman's Continental Gold Inc. (CNL) jumped 29 cents to $2.89 on 4.48 million shares on word that the company has arranged a $175-million (U.S.) financing package. It includes $75-million (U.S.) in convertible debentures issued to "certain investors," including $50-million (U.S.) to Newmont Mining Corp. The debentures have a five-year-and-two-month term and pay interest at 5 per cent. They will be convertible into stock at $3 per share. The financing also includes a $100-million (U.S.) gold and silver stream from Triple Flag Mining Finance Bermuda Ltd. The cash is for capital expenditures related to the continuing construction and start-up of the company's Buritica mine in Colombia.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2019 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.