Gabriel Resources Ltd.

Gabriel Resources Ltd. announces that a redacted version of its reply and counter-memorial on jurisdiction in support of its arbitration claim against Romania under the rules of the International Centre for Settlement of Investment Disputes part of the World Bank has now been published on the ICSID website. The Reply, Gabriel's second substantive written pleading in the ICSID Arbitration, sets out a comprehensive rebuttal [...]

Gabriel Resources Ltd. announces that it has granted an aggregate of 5,000,000 incentive stock options to certain officers and employees of the Gabriel group of companies in relation to 2018 compensation awards. All incentive stock options so granted are exercisable for a period of ten years at $0.36 per share and vest as to 50% immediately from the date of grant and 50% on the first anniversary of the date of grant. As [...]

Further to the news releases of Dec 13, 2018 and Dec 24, 2018, Gabriel Resources Ltd. is pleased to announce that it has completed closing of the previously announced non-brokered private placement of 106,425,847 units of the Company to certain existing securityholders at a price of $0.2475 per Unit for gross proceeds of US$20 million. Each Unit consists of one common share of the Company and one Common Share purchase [...]

Gabriel Resources Ltd. announces that it has granted an aggregate of 131,029 incentive stock options and 130,870 deferred share units to certain directors of the Company as non-cash directors' fees for Q4 2018 . All incentive stock options issued under the Director Grant are exercisable for a period of ten years at $0.34 per share and vest immediately from the date of grant. As of the date hereof, a total of 24,750,126 [...]

Gabriel Resources Ltd. announces that following confirmation on December 24,2018 of the initial closing of a non-brokered private placement of units of the Company at a price of $0.2475 per unit, it has granted an aggregate of 3,125,000 incentive stock options under the Company's stock option plan to certain officers, and employees of the Company and its subsidiaries . The Grant was determined by the Board in June 2018 [...]

Further to the news release of December 13, 2018, Gabriel Resources Ltd. is pleased to announce that it has completed an initial closing of the previously announced non-brokered private placement of up to 106,425,846 units of the Company at a price of $0.2475 per Unit for gross proceeds of up to US$20 million . Each Unit consists of one common share of the Company and one Common Share purchase warrant . Each New Warrant [...]

Gabriel Resources Ltd. is pleased to announce that it has entered into definitive subscription agreements with certain existing securityholders in connection with a non-brokered private placement of up to 106,425,846 units of the Company at a price of $0.2475 per Unit for gross proceeds of up to US$20 million , subject to stock exchange and other approvals as applicable. Each Unit will consist of one common share of the [...]

Summary – Arbitration Developments Gabriel Resources Ltd. remains focused on the progression of its arbitration case against Romania to be determined under the rules of the International Centre for Settlement of Investment Disputes , part of the World Bank . On May 25, 2018, Romania supplemented its counter-memorial filed on February 22, 2018 by filing a further preliminary objection to the jurisdiction of the [...]

LONDON, ENGLAND / ACCESSWIRE / November5, 2018 / GabrielResources Ltd. announces that it has submitted itsReply and counter-memorial on jurisdiction in its arbitration againstRomania under the rules of the International Centre for Settlement ofInvestment Disputes part of the World Bank . The Reply, Gabriel'ssecond substantive written pleading in the ICSID Arbitration case, sets out a comprehensiverebuttal of the legal and [...]

London, England - Gabriel Resources Ltd. previously reported on July 11, 2018 the publication of the redacted memorial on the merits and quantum of its claim against Romania under the rules of the International Centre for Settlement of Investment Disputes part of the World Bank . That publication followed a process prescribed by certain procedural orders of the tribunal appointed to adjudicate the ICSID Arbitration , and [...]