Gabriel Resources Ltd. announces the expiry of 25,723,372 outstanding warrants to purchase common shares at a price of $0.49 per share . The Company has received no consideration in respect of those 2018 Warrants which lapsed unexercised. Gabriel has the following equity-related securities outstanding: 1,035,976,840 common shares; 76,504,263 warrants which are exercisable at a price of $0.645 and expire on August 23 [...]
Gabriel Resources Ltd. announces the exercise for cash of 871,400 outstanding warrants to purchase common shares at a price of $0.39 per share . The Company has received consideration of $339,846 in respect of those 2020 Warrants exercised. Gabriel has the following securities outstanding: 1,035,976,840 common shares; 25,723,372 warrants which are exercisable at a price of $0.49 and expire on January 15, 2024; 76,504,263 [...]
Gabriel Resources Ltd. announces the expiry of 80,702,475 outstanding warrants to purchase common shares at a price of $0.49 per share . The Company has received no consideration in respect of those 2018 Warrants which lapsed unexercised. Gabriel has the following securities outstanding: 1,035,105,440 common shares; 871,400 warrants which are exercisable at a price of $0.39 and expire on December 23, 2023; 25,723,372 [...]
Gabriel Resources Ltd. previously announced that the proceedings in its World Bank International Centre for Settlement of Investment Disputes claim against Romania had been declared closed by the arbitral tribunal on September 14, 2023. According to Rule 46 of the ICSID Arbitration Rules, the Tribunal must issue its final decision to the parties within 120 days of the closure of the proceedings, provided however that the [...]
Gabriel Resources Ltd. announces the exercise for cash of 7,418,800 outstanding warrants to purchase common shares at a price of $0.39 per share . The Company has received an aggregate consideration of $2,893,332 in respect of those 2020 Warrants exercised. In addition, 2,823,987 of the 2020 Warrants have been exercised on a "Net Exercise" basis . As a result of the exercise of 2020 Warrants, Gabriel has issued 7,586,148 [...]
Gabriel Resources Ltd. / or the announces that it intends to provide holders of all outstanding common share purchase warrants with the right to exercise such Warrants, if they so choose, on a "Net Exercise" basis . The proposal will allow each Warrant holder, in lieu of exercising the Warrants by means of payment of cash to the Company, to receive only the number of common shares of the Company that is equal to the [...]
Gabriel Resources Ltd. announces the publication of its Third Quarter Financial statements and Management's Discussion and Analysis Report for the period ended September 30, 2023. Summary Gabriel and its wholly-owned indirect subsidiary, Gabriel Resources Limited , remain focused on their arbitration case against the Romanian State under the rules of the International Centre for Settlement of Investment Disputes , part of [...]
Gabriel Resources Ltd. announces that the arbitral tribunal in the World Bank's International Centre for Settlement of Investment Disputes declared the proceedings closed in accordance with Rule 38 of the ICSID Arbitration Rules on September 14, 2023. The Company initiated the arbitration before ICSID in July 2015 under the Canada-Romania and UK-Romania bilateral investment treaties following Romania's unlawful refusal to [...]
Gabriel Resources Ltd. announces the publication of its Second Quarter Financial statements and Management's Discussion and Analysis Report for the period ended June 30, 2023. Summary Gabriel and its wholly-owned indirect subsidiary, Gabriel Resources Ltd. , remain focused on concluding their arbitration case against the Romanian State under the rules of the International Centre for Settlement of Investment Disputes [...]
Further to the news release of May 23, 2023, Gabriel Resources Ltd. is pleased to announce that it has completed the closing of its non-brokered private placement of 24,782,212 common shares of the Company at a price of $0.26 per Common Share for gross proceeds of US$4.75 million , subject to stock exchange and other approvals as applicable. In connection with the closing of the Private Placement, the Company has issued [...]
Gabriel Resources Ltd. announces the publication of its First Quarter Financial statements and Management's Discussion and Analysis for the period ended March 31, 2023. Summary Gabriel and its wholly-owned indirect subsidiary, Gabriel Resources Ltd. , remain focused on concluding their arbitration case against the Romanian State under the rules of the International Centre for Settlement of Investment Disputes , part of [...]
US$ 4.75 Million Private Placement Gabriel Resources Ltd. 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 24,782,212 common shares of the Company at a price of $0.26 per Common Share for gross proceeds of up to US$4.75 million , subject to stock exchange and other approvals as applicable. The Purchase [...]