$ ANACONDA GOLD $ Unentdeckte Rohstoffperle
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SourceCCNMatthews
Date01/09/2007 §
Time§07:03:33 AM
Company§ ANACONDA GOLD CORP.
Title§Anaconda Shareholders Approve Transaction With Colorado
Minerals-Conditional Listing Approval Received From Toronto Stock Exchange
CDNX Symbol: ANX
Press Release
NEWS RELEASE TRANSMITTED BY CCNMATTHEWS
FOR: Anaconda Gold Corp.
TSX VENTURE SYMBOL: ANX
FRANKFURT SYMBOL: GJ2
January 9, 2007
Anaconda Shareholders Approve Transaction With Colorado Minerals-Conditional
Listing Approval Received From Toronto Stock Exchange
TORONTO, ONTARIO--(CCNMatthews - Jan. 9, 2007) - Anaconda Gold Corp. (TSX
VENTURE:ANX)(FRANKFURT:GJ2) ("Anaconda " or the "Company") is pleased to
announce that at the annual and special meeting of the Company held on January
8, 2007 the shareholders of Anaconda approved the acquisition (the
"Acquisition") of Colorado Minerals Inc. Anaconda shareholders also approved:
(i) the appointment of simone parker LLP as the new auditors of Anaconda; (ii)
the consolidation of the common shares of the Company on a 1 for 2 basis (the
"Consolidation"); and (iii) the name change of the Company to "Anaconda Mining
Inc." (the "Name Change"). Details of the resolutions considered and approved
at the meeting are disclosed in the management information circular of Anaconda
dated December 5, 2006 filed at www.sedar.com.
In addition, at the shareholder meeting, Lewis Lawrick and Antonio Ortuzar Jr.
were elected as new directors to the board of Anaconda to replace Robert W.
Schafer, Larry Kornze and Ewan Downie. Nick Tintor, John Cook and John McBride
will continue to serve on the Company's board of directors. Mr. Lawrick has
been appointed as the new Chairman and Chief Executive Officer of Anaconda. Mr.
Stephen Gledhill has been appointed as the new Chief Financial Officer of the
Company and Mr. Chris J. Eustace has been appointed as the new secretary of
Anaconda.
It is intended that the Consolidation and the Name Change will be made
effective immediately prior to the closing of the Acquisition.
Anaconda is also pleased to announce that the Toronto Stock Exchange has
conditionally approved the listing of the common shares of the Company, subject
to completion of the Acquisition and the equity financing of $15 million (the
"Equity Financing"). It is expected that the Acquisition along with the Equity
Financing will close within the next few weeks.
The statements made in this press release may contain forward-looking
statements that may involve a number of risks and uncertainties. Actual events
or results could differ materially from the Company's expectations and
projections.
- 30 -
FOR FURTHER INFORMATION PLEASE CONTACT:
Anaconda Gold Corp.
John Cook
Director
(416) 987-0856
Email: johncook@kos.net
or
Anaconda Gold Corp.
Nick Tintor
President
(416) 987-0855
Email: nt@anacondagold.com
Website: www.anacondagold.com
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
INDUSTRY: Manufacturing and Production - Mining and Metals
SUBJECT: TMN - TAKEOVERS/ LETTER of INTENT
bei dir posten müssen,denn wenn ich mir manche Threads durchlese,kommen auch einige Fragen von dir,die ohne negativen Touch beantwortet wurden.Wie gesagt nochmals DANKE.
Übrigens hab ich heute ein Schreiben von meiner Bank erhalten.
... mit meinem posting nr. 390 hatte ich doch recht. ich hatte zwar erst gegen ende des monats mit kursen um die 30 cent gerechnet, bin aber auch nich böse, dass es jetzt schon geklappt hat, die magische grenze zu knacken.
mit dem sprung auf 30 cent hat anaconda nicht nur gewaltig zugelegt. es wurden auch sowohl die 38 tage linie als auch die 200 tage linie überwunden.
sollte die aktie bis zum wochenende weiter über 27 cent kursieren, ist der weg frei bis 39 cent - die grenze, bei der anaconda vor etwas mehr als einem viertel jahr für einige wochen aus dem handel genommen wurde.
ziel ende januar: 0,35 eur (0,30 eur)
blöderweise hat mein broker die aktien schon zum kurs von 33 cent verkauft. ich bruacht geld für anderes. schade...
wenns wieder unter 30 cent steig ich nochmal ein...
grüße
Find ich ja wirklich komisch!!!
Ich denke, daß wir bald die 40 ct. erreichen... und hinter uns lassen!
Gruß an alle Investierten!
"Lady" Stanglwirt
2007-02-05 12:55 ET - News Release
Mr. Lew Lawrick reports
ANACONDA GOLD CLOSES US$2,500,000 FACILITY FOR COMPLETION OF THE PINE COVE GOLD MINE
Anaconda Gold Corp. has closed a production facility financing with Auramet Trading LLC of Fort Lee, N.J., pursuant to which Auramet will lend the sum of $2.5-million (U.S.) as a project facility. The loan will be made available for the completion of the Pine Cove gold mine, located near Baie Verte, Nfld.
According to the terms of the loan, $500,000 (U.S.) is available immediately; another $1.3-million (U.S.) will be available immediately upon satisfaction by Anaconda Gold of all of conditions precedent as provided in the term sheet. The final $700,000 (U.S.) will be available upon the achievement of certain project milestones. The repayment date of the loan is March 31, 2008. The loan will bear interest at the fixed rate of 12 per cent per year until the achievement of certain project milestones at which time the rate will be reduced to 10 per cent per year.
In addition, Anaconda has entered into a gold price protection program with Auramet pursuant to which Anaconda sold 10,000 ounces of gold at an average forward price of $684 (U.S.) per ounce and purchased a corresponding number of gold call options with a strike price of $750 (U.S.) per ounce.
The loan is secured by a first-priority security interest over all personal property assets of Anaconda, a specific pledge agreement, a specific assignment agreement related to all contracts entered into by Anaconda in respect of the Pine Cove gold project, a specific assignment of insurance and a specific assignment of the gold price protection program.
In connection with the loan and as part of the underwriting fee, Anaconda will issue 150,000 common shares to Auramet.
In addition, Auramet will have an option to convert the loan into common shares of Anaconda Gold until March 31, 2008, at a price of 65 cents per share.
"We are very pleased with the closing which will allow us to complete the plant and site infrastructure at Pine Cove," Nick Tintor, president of Anaconda, said. "And the gold price protection program on the first 10,000 ounces of production provides Anaconda with an excellent gold price of $684 (U.S.) while providing upside in excess of $750 (U.S.)," he added.
To date, several long-lead-time components such as the gravity plant and other processing equipment have already been delivered to Baie Verte.
Allan Cramm, Anaconda's general manager, who recently joined the company, will be responsible for all facets of the Pine Cove gold mine project and has established an operations office in Baie Verte (see news reported in Stockwatch Dec. 18, 2006),
Anaconda Gold has a 30-per-cent interest in the Pine Cove project and has the right to earn an additional 30-per-cent interest by arranging project financing and bringing the property to commercial production. New Island Resources Inc. is Anaconda's partner at Pine Cove.
The terms of the underlying agreement also provide Anaconda with 100 per cent of all project cash flows until capital payback is achieved, recovery of certain sunk costs and project management fees for acting as project operator.
We seek Safe Harbor.
2007-02-06 11:56 ET - News Release
Mr. Lew Lawrick reports
ANACONDA'S COLORADO MINERALS SIGNS WITH PENOLES ON CARMEN PROJECT IN CHILE
Colorado Minerals Inc., the company Anaconda Gold Corp. is acquiring (please see press release in Stockwatch dated Jan. 9, 2007), has signed a memorandum of understanding (MOU) with Industrias Penoles S.A. de C.V. to negotiate a definitive agreement to jointly explore and develop Colorado's Carmen copper-gold project in the Inca de Oro district, Chile.
Penoles, via its wholly owned subsidiary, Minera Penoles de Chile Ltda., will have the right to earn a 65-per-cent interest over a 42-month period by spending a total of $22-million (U.S.). Of this amount, $12-million (U.S.) will comprise cash payments to Colorado and $10-million (U.S.) will comprise direct exploration expenditures on the project.
On signing of an exploration and earn-in agreement within 60 days of the signing of the MOU, Penoles will pay Colorado $3-million (U.S.) and will spend $3-million (U.S.) within the next 12 months on exploration, including but not limited to 12,000 metres of drilling.
During the second 12-month period, Penoles will pay Colorado $3-million (U.S.) and spend an additional $3-million (U.S.) on exploration, including but not limited to, 15,000 metres of drilling.
During the third 12-month period, Penoles will pay Colorado $3-million (U.S.) and will spend $4-million (U.S.) on exploration. At the end of the 42-month period, Penoles will pay Colorado a final payment of $3-million (U.S.).
Penoles can also elect to finance the preparation of a bankable feasibility study in return for an additional 5-per-cent interest.
The companies have agreed to complete the exploration and earn-in agreement within 60 days of signing of the MOU and to complete the definitive agreement no later than May 15, 2007.
"Penoles involvement with us is a significant validation of our belief that the Carmen copper-gold project and the entire Inca de Oro district represents an important potential mining area," Lew Lawrick, the new chairman and chief executive officer of Anaconda, and the founder and president of Colorado Minerals, said. "We're delighted to have Penoles with its proven strength and expertise in exploration, project management, and mining operations as our partner in Chile," Mr. Lawrick added.
Penoles is Mexico's largest mining company with integrated operations in smelting and refining non-ferrous metals, and chemical production. Penoles is the world's top producer of refined silver, metallic bismuth and sodium sulphate, as well as the leading Latin American producer of refined gold, lead and zinc.
We seek Safe Harbor.
§