Lundin Gold Inc. reports that a landslide occurred on the North Access Road at the Fruta del Norte Project late yesterday resulting in the death of an employee, despite the extensive rescue efforts of the Company and local response teams. The employee was operating a loader which was caught in the landslide. Please view PDF version of News Release. "We are deeply saddened by this tragic incident and have extended our [...]
Lundin Gold Inc. is pleased to report that it has closed its previously announced bought deal equity offering . A total of 8,625,000 common shares were issued at a price of C$5.40 per Share for gross proceeds to the Company of C$46,575,000, which includes the exercise, in full, of the over-allotment option of an additional 1,125,000 Shares. Please view PDF version of News Release. The Offering was conducted through a [...]
Lundin Gold Inc. announces that it has entered into an agreement with GMP Securities L.P. and BMO Capital Markets, acting as co-lead underwriters and joint bookrunners, on behalf of a syndicate of underwriters , whereby the Underwriters have agreed to purchase, on a bought deal basis, 7,500,000 common shares of the Company at a price of C$5.40 per Share, for aggregate gross proceeds of C$40,500,000. The Company has [...]
Q4 2019 Lundin Gold Inc. is pleased to announce its results for the year ended December 31, 2018. All amounts are in U.S. dollars unless otherwise indicated. Please view PDF version of News Release. "During 2018 the team focused on the critical underground development and the start of construction on surface, and we are now halfway through construction," said Ron Hochstein, Lundin Gold's President and CEO. "This year [...]
VANCOUVER, Jan.14, 2019 /CNW/ - Lundin Gold Inc. is pleased to announce that the underground mine declines have reached the orebody, and level development has begun at its Fruta del Norte gold project in Ecuador. Please view PDF version of News Release. Project Highlights as at December 31, 2018: Total of 4.5 kilometre of underground mine development achieved. K'isa decline is complete and mine development crews now [...]
Lundin Gold Inc. is pleased to announce its results for the three and nine months ended September 30, 2018. All amounts are in U.S. dollars unless otherwise indicated. Please view PDF version of News Release. "With overall construction just over a third complete and a significant portion of the Project's capital committed, Fruta del Norte remains on track for first gold expected around this time next year. This makes [...]
Lundin Gold Inc. is pleased to announce the results of its update of the project estimate for its Fruta del Norte gold project . The UPE involved a thorough review of the mine plan, capital and operating cost re-estimate and an update to the Project schedule. All amounts are in U.S. dollars unless otherwise indicated. This update should be read in conjunction with the Technical Report entitled "Fruta del Norte - NI [...]
Lundin Gold Inc. is pleased to announce its results for the three and six months ended June 30, 2018. All amounts are in U.S. dollars unless otherwise indicated. Please view PDF version of News Release. "During the quarter, we continued to de-risk the Project. Site earthworks are nearly complete and we began work on the powerline. Underground development rates exceeded our target advance rates and today we are more than [...]
VANCOUVER, July 9, 2018 /CNW/ - Lundin Gold Inc. is pleased to announce that it has closed its previously announced senior secured project finance debt facility of $350 million with a syndicate of seven senior lenders to fund the development and construction of the Fruta del Norte gold project in Ecuador . The Company has also executed a gold concentrate offtake agreement . All amounts in this release are in U.S [...]
VANCOUVER, June 1, 2018 /CNW/ - Lundin Gold Inc. is pleased to report the voting results from the Company's 2018 Annual General Meeting of Shareholders , which was held earlier today in Vancouver, British Columbia. Election of Directors The nominees listed in the management proxy circular for the Annual Meeting were elected as directors of the Company. The detailed results of the vote for the election of directors held at [...]
VANCOUVER, May 24, 2018 /CNW/ - Lundin Gold Inc. announces that Lorito Holdings S.à.r.l. and Zebra Holdings and Investments S.à.r.l , both private corporations owned by a trust whose settlor was the late Adolf H. Lundin, have restructured their holdings in the Company. Lorito has transferred 8,473,370 common shares and Zebra has transferred 1,227,651 common shares of Lundin Gold to Nemesia S.à.r.l [...]
VANCOUVER, May 11, 2018 /CNW/ - Lundin Gold Inc. is pleased to announce its results for the three months ended March 31, 2018. All amounts in this release are in U.S. dollars unless otherwise indicated. "During the first quarter of this year the Company achieved major milestones at Fruta del Norte and significantly de-risked the Project. We completed a $400 million equity private placement, secured commitment for a $350 [...]
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