DELISTING REVIEW - San Gold Corp. – Further to TSX Bulletin 2015-0163 dated February 25, 2015, the Common Shares and Debentures (Symbols: SGR and SGR.DB) of the Company will now be delisted at the close of business on Monday, March 23, 2015 for failure to meet the continued listing requirements of TSX. The Securities will remain suspended from [...]
San Gold announced today that, pursuant to an order of the Court of Queen's Bench dated February 26, 2015 San Gold obtained Court approval to conduct a Sale and Investor Solicitation Process. Pursuant to the SISP and the Order, Beacon Securities Limited is soliciting proposals from strategic and financial parties to acquire the property, assets and [...]
DELISTING REVIEW - San Gold Corp. – Further to TSX Bulletin 2015-0068 dated January 27, 2015, the Common Shares and Debentures (Symbols: SGR and SGR.DB) of the Company will now be delisted at the close of business on Friday, March 27, 2015 for failure to meet the continued listing requirements of TSX. The Securities will remain suspended from [...]
San Gold announces that it has obtained an order approving, among other things, additional debtor-in-possession financing from B Asset Holdings LLC (the "Lender") in an amount up to US$3.5 million pursuant to a term sheet between the Company and the Lender dated February 18, 2015. San Gold also announces that is has obtained a secured loan in the [...]
San Gold announces that it has obtained a secured loan in the amount of US$842,697 from an investor managed by B Asset Manager LP. The loan is evidenced by a secured demand promissory note issued to the Lender by San Gold. The Note is secured by a debtor-in-possession charge granted to the Lender over all of the assets of San Gold. The Note bears [...]
San Gold Corp. – Further to TSX Bulletin 2014-1427 dated December 30, 2014, the Common Shares and Debentures (Symbols: SGR and SGR.DB) (together, the "Securities") of the Company will now be delisted at the close of business on Friday, February 27, 2015 for failure to meet the continued listing requirements of TSX. The Securities will remain [...]
San Gold announces that it has obtained a secured loan in the amount of US$991,212 from an investor managed by B Asset Manager. The loan is evidenced by a secured demand promissory note issued to the Lender by San Gold. The Note is secured by a debtor-in-possession charge granted to the Lender over all of the assets of San Gold. The Note bears [...]
San Gold announced today that it had obtained an order granting an extension to the time within which its proposal trustee, MNP Ltd., may file a proposal to its creditors under the Bankruptcy and Insolvency Act (Canada) to March 13, 2015. The order also granted approval for certain debtor-in-possession financing to San Gold. In addition, the order [...]
San Gold announced today that it had brought a motion seeking an extension to the time within which its proposal trustee, MNP Ltd., may file a proposal to its creditors under the Bankruptcy and Insolvency Act (Canada) and for certain other relief. An adjournment of the motion to January 22, 2015 was requested by a creditor of San Gold and agreed to [...]
San Gold announces that it has obtained a secured loan in the amount of US$1,573,271 from a fund managed by B Asset Manager LP. The loan is evidenced by a secured demand promissory note issued to the Lender by San Gold. The Note is secured by a debenture granted to the Lender over all of the assets of San Gold. The Note bears interest in the amount [...]
San Gold announced today that it has obtained a secured loan in the amount of US$900,000 from a fund managed by B Asset Manager LP. This loan represents the second tranche of a two-part financing previously announced on December 17, 2014. The loan is evidenced by a secured demand promissory note (the "Note") issued to the Lender by San Gold. The [...]
San Gold Corporation – Further to TSX Bulletin 2014-1401 dated December 23, 2014, TSX has determined to delist the common shares and debentures (Symbols: SGR and SGR.DB) of the Company at the close of business on January 28, 2015 for failure to meet the continued listing requirements of TSX. The Securities will remain suspended from trading.
