Gabriel Resources Ltd.

Gabriel Resources announces the following corporate update: Gabriel Seeks Annulment of ICSID Award Gabriel has filed an application requesting the annulment of the ICSID award rendered on March 8, 2024 in its long-running arbitration proceedings against Romania. As previously announced, a majority of an ICSID tribunal, over the strong dissent of one of the three arbitrators, dismissed Gabriel's arbitration claims against [...]

Gabriel Resources announces the following corporate update: Mineral Tenure Rights In March 2024, Ro?ia Montan? Gold Corporation submitted an application to the Romanian National Agency for Mineral Resources. together with the requisite supporting documentation, requesting an extension of the term of the exploitation license for the Ro?ia Montan? Project for an additional five years, as provided by Romanian law. On June [...]

Gabriel Resources announces the publication of its First Quarter Financial Statements and Management's Discussion and Analysis Report for the period ended March 31, 2024. Summary On March 8, 2024, Gabriel announced that the presiding tribunal had issued a final decision dismissing, by a two to one majority, the ICSID arbitration claims filed against the Romanian State and awarded Romania approximately US$10 million to [...]

Further to the news release of April 26, 2024, Gabriel Resources is pleased to announce that it has completed closing of an initial tranche of its previously disclosed non-brokered private placement of up to 377,594,750 common shares of the Company at a price of $0.02 per Common Share for gross proceeds of up to US$5.575 million, subject to stock exchange and other approvals as applicable. In connection with closing the [...]

Gabriel Resources announces the publication of its Annual Results and Management's Discussion and Analysis Report for the year ended Dec 31, 2023. Summary On March 8, 2024, Gabriel and its wholly-owned indirect subsidiary, Gabriel Resources Limited, received a final decision in its ICSID arbitration case against the Romanian State. The Arbitral Decision dismissed, by a two to one majority of the presiding tribunal, the [...]

Gabriel Resources is pleased to announce that it has entered into definitive subscription agreements with certain investors in connection with a non-brokered private placement of up to 377,594,750 common shares of the Company at a price of $0.02 per Common Share for gross proceeds of up to US$5.575 million, subject to stock exchange and other approvals as applicable. The Company reserved the price for the Private [...]

Gabriel Resources announced on March 8, 2024 that the Company's ICSID arbitration claims against the Romanian Government were dismissed by a two to one majority of the tribunal members, who also awarded Romania approximately US$10 million in legal fees and expenses. The Cost Order incurs simple interest from the date of the award at the 3-month US Treasury rate. Following further analysis of the Tribunal's decision with [...]

Gabriel Resources announced on March 8, 2024 that the Company's ICSID arbitration claims against the Romanian Government were dismissed by a two to one majority and the tribunal awarded Romania approximately US$10 million in legal fees and expenses. The award is binding on the parties and the amount payable incurs simple interest from the date of the award at the 3-month US Treasury rate. Gabriel believes the Tribunal's [...]

Gabriel Resources Ltd. announces that the World Bank's International Centre for Settlement of Investment Disputes today issued a decision dismissing, by a two to one majority, the Company's arbitration claims filed against the Romanian Government relating to its investments in the Ro?ia Montan? gold and silvermining project. In addition, the Tribunal awarded Romania approximately US$10m in legal fees and expenses incurred [...]

VANCOUVER, BC, March 8, 2024 /CNW/ - The following issues have been halted by CIRO Company: Gabriel Resources Ltd. TSX-Venture Symbol: GBU All Issues: Yes Reason: Pending News Halt Time : 7:40 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]