| December 18, 2009 Gabriel Completes Private Placement for Proceeds of $67.5 million Not for release in the United States or over U.S. newswire services Toronto, Canada: December 18, 2009 -- Gabriel Resources Ltd. ("Gabriel" or the "Company") (TSX -- "GBU") is pleased to announce the closing of its previously announced private placement (the "Private Placement") with BSG Capital Markets PCC Limited, which is part of the Beny Steinmetz Group ("BSG"). Pursuant to the Private Placement, BSG subscribed for 30 million Units at a subscription price of $2.25 per Unit for proceeds t... (4 KB) |
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| November 27, 2009 Gabriel Announces Changes To Its Board And Management Toronto, Canada: November 27, 2009 - Gabriel Resources Ltd. (TSX: GBU) reports that Messrs. Alan R. Hill, Britt Banks and Randy Engel are stepping down from the Board of Directors effective immediately. Mr. Hill retired in March 2009, having served Gabriel as CEO. Messrs. Banks and Engel originally joined the Board as nominees of Newmont Mining Corporation, one of the largest shareholders of Gabriel. As they depart, Newmont emphasizes that it remains supportive of Gabriel and its developm... (3 KB) |
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| November 11, 2009 Gabriel Enters into Private Placement with Strategic Mining Investor -- Who has Significant Business Interests in Romania Not for release in the United States or over U.S. newswire services Toronto, Canada: November 11, 2009 - Gabriel Resources Ltd., ("Gabriel" or "the Company") is pleased to announce that it has entered into a subscription agreement for a private placement of 30 million Units with BSG Capital Markets PCC Limited, which is part of the Beny Steinmetz Group ("BSG"). The Units consist of one common share and one common share purchase warrant entitling BSG to purchase one additional common ... (7 KB) |
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| November 04, 2009 Third Quarter Report Highlights "During the third quarter, we continued to make our case that the Rosia Montana Project is a world-class project - socially, environmentally and culturally -- taking that message not only to key Romanian public officials, but to the Romanian public at large through our ongoing media campaign," said Keith Hulley, Gabriel President & Chief Executive Officer. "Given Romania's urgent need for investment, job creation and government revenue, we remain confident that the Rosia M... (290 KB) |
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| October 27, 2009 Gabriel Resources to Release Third Quarter 2009 Results Toronto, Ontario -- October 27, 2009: Gabriel Resources announces that it will release its third quarter results before market on Wednesday, November 4, 2009. No conference call or webcast are scheduled for the third quarter results. About Gabriel Gabriel is a Canadian based resource company committed to responsible mining and sustainable development in the communities in which it operates. Gabriel is currently engaged in the exploration and development of mineral properties in Romania and... (1 KB) |
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| September 14, 2009 Gabriel Reports Significant Progress in Public Recognition of its Rosia Montana Project at the Denver Gold Show Denver, Colorado - September 14, 2009: Speaking today at the 2009 Denver Gold Show, Mr. Keith R. Hulley, Gabriel's Chief Executive Officer, reported that the Company has been very encouraged by the tangible improvement in the profile and public recognition of its 80%-owned Rosia Montana Project as a potential significant contributor to the national economy of Romania. With the conviction that developing the Rosia Montana Project is very much in the national interest of Romania, in 2009, the ... (4 KB) |
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| August 05, 2009 Second Quarter Report Highlights "The Company inaugurated the first resettlement site for the Rosia Montana community during the second quarter. We built all of the infrastructure and homes using local contractors and a total of 1970 people were directly employed, at one time or another, during the construction of Recea and many more indirect jobs were created in the community of Alba Iulia." said Keith Hulley, CEO. "We are committed to the community and to Romania at large; this is a world class project an... (282 KB) |
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| July 06, 2009 Gabriel Provides Clarification on Bucharest Court of Appeal Ruling in Environmental Impact Assessment Case Toronto, Canada -- July 6, 2009: Gabriel Resources Ltd. would like to provide further background information to the press release issued on July 2, 2009 regarding the decision rendered of the Bucharest Court of Appeal regarding the Environmental Impact Assessment (EIA) for the Rosia Montana Project. In September 2007, the Ministry of Environment suspended the technical analysis committee's (TAC) review of the EIA, citing the need for a valid urbanism certificate (UC). Gabriel's Romanian sub... (6 KB) |
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| July 02, 2009 Gabriel/RMGC's Statement Regarding the Decision of the Bucharest Court of Appeal in EIA Case Toronto, Canada: July 2, 2009 -- Gabriel / Rosia Montana Gold Corporation (RMGC) further states, as it has from the beginning, that the EIA procedure does not require a valid urbanism certificate (UC). This has been the reason behind the litigation between RMGC and the Romanian Ministry of Environment. At present, according to our Romanian legal advisors, there is no legal basis in European Union environmental law or Romanian environmental law (which is the same as EU environmental law) for ... (2 KB) |
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| June 11, 2009 Gabriel Announces Completion of Private Placement and Public Offering including Exercise in Full of Over-Allotment for Aggregate Gross Proceeds of $117 million Not for release in the United States or over U.S. newswire services Toronto, Canada: June 11, 2009 -- Gabriel Resources Ltd. ("Gabriel" or the "Company") (TSX -- "GBU") is pleased to announce the closing of its previously announced private placement (the "Private Placement") and public offering (the "Public Offering") for aggregate gross proceeds to the Company of approximately $117 million. Pursuant to the Public Offering, the Company sold 29,785,000 common shares, which includes the exerci... (6 KB) |
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