| August 05, 2010 Second Quarter 2010 Report Highlights "We are highly encouraged by the progress the Company has achieved to date in advancing towards the recommencement of the Technical Analysis Committee process of our flagship R... (858 KB) |
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| July 28, 2010 Gabriel Resources Ltd. to Release Second Quarter 2010 Results Toronto, Ontario -- July 28, 2010: Gabriel Resources Ltd. ("Gabriel") announces that it will release its second quarter results before market on Thursday August 5, 2010. No conference call or webcast are scheduled for the second quarter results. About Gabriel Gabriel Resources Ltd. is a resource company committed to responsible mining and sustainable development. Gabriel is currently engaged in the development of its 80.46%-owned Rosia Montana gold project in Romania. Rosia Montana is... (1 KB) |
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| June 18, 2010 Gabriel Resources Announces Changes to its Board of Directors Toronto, Canada -- June 18, 2010: Gabriel Resources Ltd. ("Gabriel") announced yesterday a change in the composition of its Board of Directors (the "Board") at its Annual and Special Meeting of Shareholders (the "Shareholders Meeting"). Directors Stepping Down from the Board Messrs Michael S. Parrett (outgoing Non-Executive Chairman of the Board), Alan R. Thomas, Raphael Girard, Ronald S. Simkus and Marcel F. DeGuire did not stand for re-election and have stepped down as Directors of Gabr... (4 KB) |
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| June 02, 2010 Rosia Montana Gold Corporation Will Receive the Approvals for the Cetate and Corna Dams from the Ministry of Environment Toronto, Canada: June 2, 2010 - Gabriel Resources Ltd. (TSX -- GBU) ("Gabriel" or the "Company") is pleased to announce that Rosia Montana Gold Corporation S.A ("RMGC") is now entitled to receive the approvals for the Cetate and Corna dams related to the Rosia Montana Project. Through an irrevocable decision awarded today, the High Court of Cassation and Justice has compelled the Ministry of Environment to issue the approvals and endorsements for the Cetate and Corna dams immediately, affirming ... (3 KB) |
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| May 25, 2010 Gabriel Resources Announces Appointment of New Chief Executive Officer Toronto, Canada: May 25, 2010 -- Gabriel Resources Ltd. (TSX: GBU) announces the appointment of Jonathan Henry as President and Chief Executive Officer of the Company effective June 7, 2010. The Company is also pleased to announce that Mr. Henry will also be appointed to the Board of Directors effective June 1st, 2010. Mr. Henry is a seasoned mining executive with a track record of success in building a strong precious metals mining and development franchise, most recently as Chief Executive Off... (3 KB) |
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| May 14, 2010 First Quarter Report Highlights "We continue to see positive reactions from members of Government and officials at all levels -- an indication that our efforts to detail the benefits of our Project are having an impact," said Keith Hulley, Chief Executive Officer. "With recent visits to the village by key Government ministers, we are confident there is a growing understanding of the benefits our Project brings to the local community and to Romania as a whole." ... (16 KB) |
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| May 07, 2010 Gabriel Resources Ltd. to Release First Quarter 2010 Results Toronto, Ontario -- May 7, 2010: Gabriel Resources Ltd. ("Gabriel") announces that it will release its first quarter results after market on Friday May 14, 2010. No conference call or webcast are scheduled for the first 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 ... (1 KB) |
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| March 11, 2010 Fourth Quarter Report Highlights "The recent change in Government has resulted in a more active dialogue with senior members of the Government and key officials, and a greater interest in the full range of benefits that will flow to Romania as a result of the Rosia Montana Project," said Keith Hulley, Chief Executive Officer. "As a result, we are seeing an increase in the political will to see our project move forward." Financial Performance ... (1194 KB) |
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| March 08, 2010 Gabriel Resources to Release Fourth Quarter 2009 Results Toronto, Ontario -- March 8, 2010: Gabriel Resources announces that it will release its fourth quarter results before market on Thursday, March 11, 2010. No conference call or webcast are scheduled for the fourth 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 i... (1 KB) |
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| 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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| May 27, 2009 Gabriel Announces Pricing of Public Offering and Concurrent Private Placement for Aggregate Gross Proceeds of Approximately $100 million Not for release in the United States or over U.S. newswire services Toronto, Canada: May 27, 2009 -- Gabriel Resources Ltd. ("Gabriel" or the "Company") (TSX -- "GBU") is pleased to announce that it has priced its previously announced public offering of common shares (the "Offering"). Pursuant to the Offering, the Company will issue 25.9 million common shares ("Common Shares") at a price of $2.25 per Common Share (the "Offering Price"), for aggregate gross proceeds of approximately $58 milli... (6 KB) |
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| May 26, 2009 Gabriel Resources Ltd. Announces Proposed Equity Financing Not for release in the United States or over U.S. newswire services Toronto, Ontario: May 26, 2009 -- Gabriel Resources Ltd. (TSX-GBU) ("Gabriel" or the "Company") is pleased to announce that it intends to raise approximately Cdn$100 million by way of (i) a public offering of common shares, for which Gabriel has filed a preliminary short-form prospectus (the "Public Offering"); and, (ii) a concurrent private placement of common shares to certain significant shareholders (the "Private Placemen... (7 KB) |
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| May 07, 2009 First Quarter Report Highlights "The Rosia Montana Project has been designed to the highest international standards and the economic benefits that it will bring to Romania are significant" said Keith Hulley, CEO. "We remain encouraged by the increasing support the Project has received over the past several months from members of the local and regional political leadership of both coalition parties." Financial performance ... (1017 KB) |
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| April 30, 2009 Gabriel Resources First Quarter 2009 Results, Conference Call and Webcast Information Toronto, Ontario -- April 30, 2009: Gabriel Resources announces that it will release its first quarter results before market on Thursday, May 7, 2009 and that it has scheduled a Conference Call and Webcast at 10:00am EST the same day. Dial in information: North America please dial: 1-866-804-6927 International callers please dial: 1-857-350-1673 Participant code: 65356032 Details for the Conference Call and Webcast can also be found on the Company website at http://www.gabr... (2 KB) |
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| March 23, 2009 Alan R. Hill Retires - Keith Hulley Appointed Interim CEO Toronto, Ontario: March 23, 2009 -- The Board of Directors of Gabriel Resources Ltd. ("Gabriel") announced today that Alan R. Hill will retire from his current position as President and CEO effective immediately. The Board has appointed Keith Hulley, a member of the Board since 2006, as CEO on an interim basis. Mr. Hill will remain a Director and continue to provide consulting services to the Company through the permitting, financing and construction periods. The Board will initiate a search... (4 KB) |
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| March 19, 2009 Information Release: Timisoara Court of Appeal Suspends Expired Urbanism Certificate No. 105 Toronto, Ontario -- March 19, 2009 -- The Timisoara Court of Appeal (the "Court") issued a decision today suspending Urbanism Certificate (UC) No. 105/2007 ("UC 105") which expired in July 2008. The Court did not cancel UC 105, but merely acknowledged the suspension of UC 105. This is a final decision of the Court and is not appealable by the Company. A different legal action is currently before the Cluj Tribunal with respect to the cancellation of UC 105. UC 105 was issued by the Alba Cou... (5 KB) |
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| March 05, 2009 Amendment to Shareholder Rights Plan Approved by Shareholders Toronto, Canada: March 5, 2009 -- Gabriel Resources Ltd. (TSX-GBU) ("Gabriel" or the "Company") announce that the previously announced amendment to the Company's Shareholder Rights Plan (the "Plan") has been approved by its shareholders at today's special shareholders meeting. As previously disclosed in the Company's press release dated January 26, 2009, the amendment to the Rights Plan provides Gabriel with greater flexibility with respect to future equity offerings during this period of globa... (3 KB) |
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| March 05, 2009 Fourth Quarter Report Highlights Financial performance ... (682 KB) |
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| February 18, 2009 Gabriel Resources Fourth Quarter 2008 Results, Conference Call and Webcast Information Toronto, Ontario -- February 18, 2009: Gabriel Resources announces that it will release its fourth quarter and year end results, as well as updated capital and operating costs for its Rosia Montana Project on Thursday, March 5, 2009 and that it has scheduled a Conference Call and Webcast at 10:30am EST the same day. Dial in information: North America please dial: 1-866-713-8565 International callers please dial: 617-597-5324 Participant code: 30344683 Details for the Conference ... (2 KB) |
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| February 04, 2009 Rosia Montana Gold Corporation Should Receive the Dam Safety Permits Immediately, According to Court Decision Toronto, Canada: February 4, 2009 -- The Bucharest Court of Appeal (the "Court") ruled yesterday in favour of Rosia Montana Gold Corporation (RMGC)'s claim against the Ministry of Environment (ME)'s unfounded refusal to issue the Endorsement and Dam Safety Permits for the Rosia Montana Project (the "Dam Safety Permits"). The Court analysed the documentation and concluded that the ME should immediately issue the Dam Safety Permits. The National Commission on Dams Safety and Other Hydro-techn... (3 KB) |
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| January 26, 2009 Gabriel to Amend Shareholder Rights Plan to Provide Greater Flexibility For Future Equity Offerings Toronto, Canada: January 26, 2009: Gabriel Resources Ltd. (TSX-GBU) ("Gabriel" or the "Company") announced today that its Board of Directors (the "Board") has approved an amendment to the Company's Shareholder Rights Plan (the "SRP") which now must be approved by the shareholders of Gabriel through a shareholder vote. The amendment to the SRP is being made to provide greater flexibility and certainty that future equity offerings are successful during this period of global financial and economic... (6 KB) |
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| December 10, 2008 Court Decision Not Expected to Impact Permitting Schedule of Rosia Montana Project Toronto, Canada - December 10, 2008: Further to the Company's Press Release of December 9, 2008 regarding the Romanian Supreme Court's decision to annul Archaeological Discharge Certificate No. 4/2004 (ADC 4), the Company is providing further background information regarding this matter. The effect of the cancellation of ADC 4 on the balance of the Company's permitting activities for the Rosia Montana project requires further clarification. The cancellation of ADC 4 does not suspend, termin... (4 KB) |
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| December 09, 2008 Supreme Court Annuls Archaeological Discharge: Rosia Montana Gold Corporation to Seek New Certificate Bucharest, Romania -- December 9, 2008 - The Romanian Supreme Court today annulled Rosia Montana Gold Corporation's (RMGC) Archaeological Discharge Certificate no. 4/2004 (ADC 4). This decision of the court is final, is not appealable and brings to a close a series of court challenges against the validity of ADC 4 initiated in 2004. RMGC has not yet received the reasons of the court for this decision. Upon receipt of the reasons, RMGC will be in a position to remedy any deficiencies identif... (2 KB) |
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| November 04, 2008 2008 Third Quarter Report Highlights "We look forward to advancing our Project after the forthcoming national election" said Alan R. Hill President and CEO. "Regardless of the form it takes, in the months following the election, we expect the new Government to be supportive of a fair and transparent review process." Financial performance ... (553 KB) |
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| October 20, 2008 Gabriel Resources Third Quarter 2008 Results, Conference Call and Webcast Information Toronto, Ontario -- October 20, 2008: Gabriel Resources announces that it will release its third quarter results before market on Tuesday, November 4, 2008 and that it has scheduled a Conference Call and Webcast at 9:30am EST the same day. Dial in information: North America please dial: 1-888-680-0892 International callers please dial: 617-213-4858 Participant code: 17437662 Details for the Conference Call and Webcast can also be found on the Company website at http://www... (2 KB) |
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| September 08, 2008 Gabriel Executives Address Denver Gold Show Conference Denver, Colorado -- September 8, 2008...Speaking today at the Denver Gold Show Conference, Gabriel CEO Alan R. Hill and CFO Richard Young will provide an update on the status of the Company's Rosia Montana Gold Project in Romania and the Company's preparations to advance the project. In Denver, Mr. Hill will tell the conference that the Company has "our building blocks in place: We have a project that meets or exceeds all Romanian and EU laws -- with significant redesigns to address stakehol... (4 KB) |
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| August 07, 2008 Second Quarter Report Highlights "We now have in place the strongest team we have ever had, both in Toronto and in Romania," said Alan R. Hill President and CEO. "All of our energy is focused on getting the Rosia Montana Project back on track - laying the groundwork now so that when the project review begins again, we can move forward quickly." Financial performance ... (880 KB) |
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| July 21, 2008 Gabriel Resources Second Quarter 2008 Results, Conference Call & Webcast Information Toronto, Ontario -- July 21, 2008: Gabriel Resources announces that it will release its second quarter results before market on Thursday, August 7th, 2008 and that it has scheduled a Conference Call and Webcast at 9:00am EST the same day. Dial in information: North America please dial: 1-888-713-4216 International callers please dial: 617-213-4868 Participant code: 82502887 Details for the Conference Call and Webcast can also be found on the Company website at http://www.... (2 KB) |
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| June 10, 2008 Jonathan Weisstub Appointed as Vice-President, Corporate Affairs TORONTO, June 10, 2008 - The Company is pleased to announce the appointment of Jonathan Weisstub as Vice President, Corporate Affairs. "Jonathan's background as a lawyer and his involvement in politics will be a great asset to us as we move forward with the permitting and development of Rosia Montana" commented Alan R. Hill, President and Chief Executive Officer. Prior to joining the Company, Mr. Weisstub practiced in the area of securities and corporate law, specializing in public and ... (2 KB) |
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| May 27, 2008 Information Release: Communication on Progress - UN Global Compact Dear Mr. Johner, We are submitting under separate cover, according to the website instructions, the Communication on Progress for Rosia Montana Gold Corporation (RMGC) of Romania, a signatory to the Global Compact. Versions of the COP have been provided in English and will be provided in Romanian. We believe this COP meets the requirements of the Compact and demonstrates our commitment to the ten principles, even in a difficult year when the review of our project in Rosia Montana has been suspe... (14 KB) |
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| May 21, 2008 Five Additional Nominees to Gabriel Resources Ltd.'s Board of Directors Newmont and Electrum Representatives to be nominated to Board of Directors Toronto, Canada -- May 21, 2008 -- Gabriel Resources Ltd. ("Gabriel") announced today that its 2008 Management Proxy Circular, which is being mailed later this week, will include five additional nominees for election as Directors of Gabriel. In addition to the current eight Directors of Gabriel that are standing for re-election, three nominees of Electrum Strategic Holdings LLC and two nominees of Newmont Mining Corpo... (4 KB) |
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| May 07, 2008 Gabriel Resources Ltd. First Quarter Report Toronto, Canada: May 7, 2008 Highlights "We are using every means at our disposal to get our EIA review process back on track," said Alan R. Hill President and CEO. "We have designed Rosia Montana to be a model project in every aspect -- technically, environmentally, socially and culturally -- and we are confident the merits of our project will be recognized." Financial performance • First quarter net income was $11 million, or $0.04 per share basic and diluted. • The first quarter n... (17457 KB) |
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| April 22, 2008 Gabriel Resources First Quarter 2008 Results, Conference Call and Webcast Information Toronto, Ontario -- April 22, 2008: Gabriel Resources announces that it will release its first quarter results before market on Wednesday May 7, 2008 and that it has scheduled a Conference Call and Webcast at 9:30am EST the same day. Dial in information: North America please dial: 1-888-713-4213 International callers please dial: 617-213-4865 Participant code: 66438191 Details for the Conference Call and Webcast can also be found on the Company website at http://www.gabrielreso... (2 KB) |
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| March 28, 2008 Information Release: Cluj Court Cancels Expired Urbanism Certificate Rosia Montana Gold Corporation Provides Information on Decision Bucharest, Romania -- March 28, 2008 - Rosia Montana Gold Corporation (RMGC) would like to provide further information regarding the Cluj Court of Appeal's decision to cancel expired Urbanism Certificate (UC) No. 78/2006. The Company has been advised that this is the first UC to ever be cancelled by a Romanian court of law. The certificate in question, issued by the Alba County Council in July 2006 at the request of RMGC, exp... (4 KB) |
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| March 21, 2008 Information Release: Gabriel/RMGC Clarifies Romanian Constitutional Court Decision Bucharest, Romania: March 21, 2008 - Rosia Montana Gold Corporation (RMGC) would like to clarify the information contained in a press release issued on Wednesday by the Ministry of Environment and Sustainable Development (MESD) regarding a decision by the Constitutional Court. The Ministry inferred, inaccurately, that Wednesday's decision by the Court to uphold the constitutionality of a mere provision of the Administrative Law impacts in any way the lawsuit launched by the Company last Nove... (3 KB) |
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| March 06, 2008 Fourth Quarter Report Toronto, Canada: March 6, 2008 Highlights "2007 has been a frustrating year, we started off making tremendous progress until September when the permitting process was suspended," said Alan R. Hill, President and CEO. "I can assure you that we have a strategy in place and we are as committed as ever to developing the Rosia Montana Project and ensuring that the long term benefits it will bring to Romania and all stakeholders are realized." Financial performance ... (3 KB) |
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| February 20, 2008 Resignation of David Christensen as Vice President Corporate Development Toronto, Canada - February 20, 2008 -- Gabriel Resources Ltd. ("Gabriel") announces that David Christensen has submitted his resignation as Vice President Corporate Development of Gabriel. David joined Gabriel in October 2006 and has played a significant role in our financing efforts over the past year as well as other corporate development initiatives. All of us at Gabriel would like to thank David for the contributions he has made, and wish him well in his future endeavors. ... (1 KB) |
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| February 14, 2008 Information Release: Dragos Tanase Joins RMGC as Vice President, Finance and Administration Rosia Montana Gold Corporation (RMGC) is pleased to announce that Dragos Tanase has agreed to join the firm as Vice President, Finance and Administration, effective February 18, 2008. Mr. Tanase joins RMGC from UPC, Romania's largest cable telecommunications company, where he has served as Chief Financial Officer since 2001 and has overseen the successful mergers of 17 companies in 200 locations with over 3,200 employees. "We are pleased that Dragos has agreed to join RMGC. Dragos repre... (4 KB) |
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| February 14, 2008 Information Release: Safe Use of Cyanide is Possible Under European Union Standards Bucharest, RO - February 14, 2008: Yesterday the Commission of Industry held a meeting where the members of the Commission together with interested stakeholders expressed their opinions on the private members bill to ban the use of cyanide in the mining industry. While the Romanian Government deliberates this issue and contemplates the ban, European and international bodies, as well as industry experts, make the case that cyanide used to strict standards can be safely used in modern gold mining... (9 KB) |
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| February 08, 2008 Gabriel Resources Year End 2007 Results, Conference Call & Webcast Information Toronto, Ontario -- February 8, 2008: Gabriel Resources announces that it will release its year end results after market on Thursday, March 6, 2008 and that it has scheduled a Conference Call and Webcast at 5:00pm EST the same day. Dial in information: North America please dial: 1-888-713-4218 International callers please dial: 617-213-4870 Participant code: 57042798 Details for the Conference Call and Webcast can also be found on the Company website at http://www.gabrielresour... (2 KB) |
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| January 25, 2008 Information Release: Gabriel Resources Condemns Anti-Project NGO's False Assertions Reaffirms that Court Decision, as Reported, has no Impact on Mining License, EIA Process Bucharest, Romania -- January 25, 2008: Gabriel Resources dismissed as irresponsible assertions made by anti-mining NGO Alburnus Maior about a Romanian appeals court decision regarding a zoning document related to the Rosia Montana Project. In a press release circulated to media and industry analysts, replete with unsubstantiated conclusions and falsehoods, Alburnus asserted that the court decision -- fo... (2 KB) |
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| December 04, 2007 Gabriel Announces Plans to Scale Back Activities at Rosia Montana Toronto, Canada -- December 4, 2007 -- As mentioned in its third quarter press release of November 6, 2007, the Company -- through its 80% interest in its subsidiary Rosia Montana Gold Corporation (RMGC) -- 19% owned by the Government of Romania -- has been assessing all current activities. In light of the suspension of the EIA review process, the Company today announced plans to scale back activities. To date, the company has spent over US$300 million on the development of the Rosia Montana ... (6 KB) |
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| November 27, 2007 Brasov Regional Court of Appeal Annuls Archeological Discharge Certificate no. 4/2004 Toronto, Canada -- November 27, 2007 - Gabriel Resources Ltd. ("Gabriel") stated today that Romania's Brasov regional Court of Appeal rendered its decision to annul archeological discharge certificate no. 4/2004, relating to the Company's Rosia Montana Project. "We are very disappointed in the decision based on the merits of this case," stated Alan R. Hill, President and CEO. "We must wait to receive the rationale behind this decision before we determine our next steps." The decision i... (2 KB) |
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| November 06, 2007 Third Quarter Report Highlights "The third quarter was a difficult one for us," said Alan R. Hill, President and Chief Executive Officer. "With the completion of the Technical Assessment Committee review of our Rosia Montana EIA nearly in sight, the Romanian Ministry of the Environment arbitrarily suspended the review process, citing arguments with absolutely no basis ... (289 KB) |
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| October 23, 2007 Gabriel Resources Third Quarter 2007 Results, Conference Call and Webcast Information Toronto, Ontario -- October 23, 2007 Gabriel Resources Ltd. announces that it will release its third quarter results after market on Tuesday November 6, 2007 and that it has scheduled a Conference Call and Webcast to discuss the results at 5:30 pm EST the same day. Dial in information: North America please dial: 1-888-680-0879 International callers please dial: 617-213-4856 Participant code: 81222656 Details for the Conference Call and Webcast can also be found on the Compan... (2 KB) |
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| October 23, 2007 Gabriel Meets with International Labour Organization on "Decent Work Agenda" for Romania At Washington Meeting, Gabriel CFO Notes Company's Full Support for ILO Initiative October 23, 2007 (Washington, D.C.) - Richard Young, Chief Financial Officer and Vice President of Gabriel Resources Ltd., participated in a special presentation today by the Center for American Progress Action Fund on "Decent Work: Forging a New International Consensus on Globalization" at which Juan Somavia, Director-General of the International Labor Organization (ILO), gave the keynote address. Through t... (4 KB) |
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| October 03, 2007 Information Release: Romanian No Confidence Vote - Update Toronto, October 3, 2007 -- Earlier today Romanian parliamentarians rejected a motion to bring down the Government. The motion was tabled by the main opposition party, the Social Democrats (PSD). Two hundred and twenty parliamentarians voted in favor of the motion while 152 members rejected the motion. In order to pass the motion, 232 votes were required, being 50 percent of both chambers of the Government plus one vote. About Gabriel Gabriel is a Canadian based resource company committ... (1 KB) |
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| September 24, 2007 Gabriel CFO to address Denver Gold Show Conference Denver, Colorado -- September 24, 2007 Speaking today at the Denver Gold Show Conference, Gabriel's CFO Richard Young will provide an update on the status of the Company's Rosia Montana Gold Project in western Romania. In his Denver remarks, Mr. Young will tell the conference that solid progress was being made in the permitting and development of the Rosia Montana Project until the Minister of Environment's unilateral decision to suspend the EIA permitting process on September 13, 2007. Y... (6 KB) |
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| September 13, 2007 Disregard for Romanian Rule of Law as Ministry of Environment Suspends EIA Review Process Toronto, Canada. September 13, 2007 -- Gabriel Resources Ltd's ("Gabriel") 80% owned Romanian subsidiary, Rosia Montana Gold Corporation S.A. (RMGC), yesterday received a letter from the Romanian Ministry of Environment and Sustainable Development ("the Ministry") indicating that the review process for the Environmental Impact Assessment (EIA) for the Rosia Montana project has been suspended by the Ministry due to a court challenge by Alburnus Maior and Open Society Institute (a Soros foundation... (4 KB) |
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| September 05, 2007 Gabriel Exposes the Secrets of Rosia Montana Opposition - CEO Hill asks: Who Wants to Destroy a Successful Project? Bucharest, September 5, 2007 - Today Gabriel Resources Ltd. (the Company) held a press conference in Bucharest, Romania to identify and substantiate who is behind certain voices of the opposition to its gold mining project in Rosia Montana, Romania. President and Chief Executive Officer Alan R. Hill's full press conference speech is available on the company's home page at www.gabrielresources.com. The speech is accompanied by support documents detailing the true nature of the opposition to... (6 KB) |
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| August 08, 2007 Gabriel Resources Ltd: 2007 Second Quarter Report Highlights "The second quarter was an active one for us," said Alan R. Hill, President and Chief Executive Officer. "We saw real momentum as we continue to move through the permitting process, with strong independent technical support for our EIA, and a growing number of third-party voices recognizing the strategic importance of the Rosia Montana Project as a model not just for Romania, but for all of Europe. We are also seeing the community make its voice heard in support of our proje... (591 KB) |
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| August 07, 2007 Information Release: Ministry of Environment TAC IV to be held on August 9, 2007 The Ministry of the Environment and Sustainable Development announces that the Technical Analyses Committee for the Rosia Montana project will meet on August 9, 2007, starting at 10 a.m. at the Ministry's headquarters. The session will finalize the analyses of Chapter Four of the EIA -- Potential impact - including trans-border ones, the environment and measures to prevent it. (1 KB) |
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| July 27, 2007 Gabriel Resources Second Quarter 2007 Results, Conference Call and Webcast Information Toronto, Ontario -- July 27, 2007 Gabriel Resources announces that it will release its second quarter results before market on Wednesday August 8, 2007 and that it has scheduled a Conference Call and Webcast to discuss the results at 9:30 am EST the same day. Dial in information: North America please dial: 1-888-680-0879 International callers please dial: 617-213-4856 Participant code: 84048783 Details for the Conference Call and Webcast can also be found on the Compa... (2 KB) |
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| July 19, 2007 Information Release: Rosia Montana Gold Corporation Hosts Ground-Breaking Ceremony in Alba Iulia Mircea Hava, the Mayor of Alba Iulia, next to Cosmin Covaciu, the Prefect of Alba Iulia, as well as officials from Rosia Montana Gold Corporation, launch construction works for homes for the first 80 families to resettle to new "Recea" residential village Recea, Alba Iulia, (July 18, 2007) -- Rosia Montana Gold Corporation (RMGC) today held a ground-breaking ceremony to inaugurate the beginning of construction works on the new residential village the company is building for 176 households at ... (5 KB) |
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| July 19, 2007 Information Release: Ministry of Environment TAC III Update Today, July 19, 2007, at the headquarters of the Ministry of the Environment and Sustainable Development (MEDD), the third meeting of the Technical Analysis Committee (TAC) for the Rosia Montana project took place, a meeting led by Silviu Stoica, State Secretary within MEDD. Participating at the meeting were TAC members, respectively representatives of the Ministry of the Environment and Sustainable Development, of the Economy and Finance Ministries, of the Development Ministry, Public Works... (2 KB) |
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| July 11, 2007 Gabriel Resources Ltd. - EIA Approval Update Toronto, Canada - July 11, 2007 - Gabriel Resources Ltd. ("Gabriel" or the "Company") met with the Technical Analysis Committee ("TAC"), a panel of government representatives appointed to evaluate the Environmental Impact Assessment ("EIA") for the Rosia Montana Project, on July 10, 2007 to continue the review of the EIA and the subsequent Annex that was submitted by Gabriel to respond to the approximately 5,700 questions raised during the public consultation. "We are pleased with th... (4 KB) |
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| July 11, 2007 Information Release: Ministry of Environment TAC II Update July 10, 2007 - The Commission for Technical Analyses (CAT) for the Rosia Montana project, has met for the second time at the headquarters of the Environment Ministry (MMDD). The meeting was chaired by Silviu Stoica, secretary of state at the MMDD. The meeting was attended by members of the CAT, respectively representatives of the Finance Ministry, Development Ministry, Health Ministry, Agriculture Ministry, Transport Ministry, the Ministry for Small-Medium-Sized companies and Tourism, Inte... (2 KB) |
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| June 26, 2007 Information Release: Ministry of Environment TAC I Update Today, June 26, 2007, at the headquarters of the Ministry of the Environment and Sustainable Development, took place the meeting of the Committee of Technical Analysis (CAT) for the Rosia Montana project, a meeting led by Silviu Stoica, Secretary of State within the Ministry of the Environment and Sustainable Development (MMDD). Participating at the meeting were members of CAT, respectively representatives of MMDD, of the Ministries of Economy and Finance, the Ministry of Development, Public... (3 KB) |
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| May 07, 2007 Gabriel Resources Ltd. - First Quarter Report May 7, 2007 Highlights Financial performance - First quarter 2007 net loss was $2.5 million, or $0.01 per share. - A total of $18.3 million was spent on our two development projects during the first quarter 2007. Liquidity and capital resources - Cash and cash equivalents and short-term investments at March 31, 2007 totaled $224.4 million. - Working capital at March 31, 2007 totaled $213.6 million. - Gabriel Resources Ltd. ("Gabriel" or the "Company") raised a total of $... (97 KB) |
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| May 04, 2007 Gabriel Delivers Rosia Montana EIA Annex to the Romanian Government Toronto, Canada - May 4, 2007 - Gabriel Resources Ltd's ("Gabriel") 80% owned Romanian subsidiary, Rosia Montana Gold Corporation S.A. (RMGC), today delivered the Annex to its Rosia Montana Environmental Impact Assessment (EIA) to the Romanian Ministry of Environment. The Annex consists of answers to all questions presented during the Public Consultation and Disclosure Process phase, conducted last summer in 14 public sessions across Romania, plus two in Hungary which were held in accorda... (4 KB) |
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| April 16, 2007 Resignation of Gary O'Connor as Vice President Exploration Toronto, Canada - April 16, 2007 -- Gabriel Resources Ltd. ("Gabriel") announces that Gary O'Connor has submitted his resignation as Vice President Exploration of Gabriel. Gary O'Connor joined Gabriel in May 2000 as Vice President Exploration and has played a major role in delineating the Rosia Montana and Bucium deposits. Alan R. Hill, President and Chief Executive Officer of Gabriel, commented "Gary O'Connor has played an instrumental role in developing the Rosia Montana ore body since j... (2 KB) |
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| March 29, 2007 Over-Allotment Option Exercised for $20.3 Million Increasing Total Gross Proceeds to $156.3 Million Toronto, Canada -- March 29, 2007 -- Gabriel Resources Ltd. ("Gabriel" or the "Company") (TSX - "GBU") is pleased to announce that the syndicate of underwriters for the recently completed public offering have exercised their over-allotment option (the "Option") to purchase an additional 3,750,000 common shares of the Company at a price of $4.35 per share, for aggregate gross proceeds of Cdn $16,312,500. As previously indicated, Newmont Canada Limited, a subsidiary of Newmont Mining Corporation,... (5 KB) |
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| March 28, 2007 Information Release: Gabriel President and CEO Wins International CSR Prize - President of the Austrain Parliament Hands "Responsible Manager of the Year" Award to Alan R. Hill in Vienna Bucharest, Romania, March 28, 2007 -- Alan R. Hill last night won the "Responsible Manager of the Year" award in the international category at an event hosted at the Austrian Parliament in Vienna. Ms. Barbara Prammer, the President of the Austrian Parliament, presented Mr. Hill with the award. The prize is given to those who excel in responsible management as part of the "ICON-Vienna Congress," which showcases trends and innovative developments in Europe. ICON-Vienna established the CSR Pri... (6 KB) |
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| March 22, 2007 Completion Of $135.9 Million Public Offering Toronto, Canada -- March 22, 2007 -- Gabriel Resources Ltd. ("Gabriel" or the "Company") (TSX - "GBU") is pleased to announce the closing of the sale of 31,250,000 common shares (the "Shares") at Cdn$4.35 per Share to a syndicate of underwriters led by RBC Capital Markets and Sprott Securities Inc. as joint bookrunners, and including BMO Nesbitt Burns Inc., Canaccord Capital Corporation, Merrill Lynch Canada Inc., Orion Securities Inc., Paradigm Capital Inc. and Raymond James Ltd. (collectively ... (4 KB) |
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| March 13, 2007 Gabriel Resources Ltd. -- Newmont Participation in Public Offering Toronto, Canada -- March 13, 2007 -- Gabriel Resources Ltd. ("Gabriel" or the "Company") (TSX - "GBU") is pleased to announce that Newmont Canada Limited ("NCL"), a subsidiary of Newmont Mining Corporation ("Newmont"), has elected to fully participate in Gabriel's previously announced equity offering of 25,000,000 common shares (the "Offering") at a price of Cdn$4.35 per share (the "Offering Price") to raise gross proceeds of Cdn$108,750,000. Gabriel has also granted the underwriters for the Of... (5 KB) |
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| March 09, 2007 Cdn$108,750,000 Public Offering Toronto, Canada -- March 9, 2007 -- Gabriel Resources Ltd. ("Gabriel" or the "Company") (TSX - "GBU") is pleased to announce that it has entered into an underwriting agreement with a syndicate of underwriters led by RBC Capital Markets and Sprott Securities Inc. as joint bookrunners, and including BMO Nesbitt Burns Inc., Canaccord Capital Corporation, Merrill Lynch Canada Inc., Orion Securities Inc., Paradigm Capital Inc. and Raymond James Ltd.(collectively the "Underwriters"), to sell a ... (5 KB) |
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| March 06, 2007 PRESS RELEASE Toronto, Canada -- March 6, 2007 - Gabriel Resources Ltd. ("Gabriel" or the "Company") (TSX - "GBU") is pleased to announce that it has engaged a syndicate of underwriters led by RBC Capital Markets and Sprott Securities as joint book runners for a proposed marketed offering (the "Offering") of common shares ("Shares") of the Company. Aggregate gross proceeds from the Offering are anticipated to be approximately $100,000,000. The underwriters will have an option, exercisable for a period ... (4 KB) |
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| March 06, 2007 Fourth Quarter Report Toronto, Canada - March 6, 2007 Highlights Financial performance ... (7 KB) |
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| March 02, 2007 Independent Expert Panel Calls Rosia Montana Project "Well Developed" Expert Team Was Convened by Romanian and Hungarian Government Toronto, Canada - March 2, 2007 - The Independent Group of International Experts (IGIE) Report on the Rosia Montana Project is now publicly released. The IGIE panel -- also known as the Ad Hoc Group -- was convened in 2006 by the agreement of the Romanian and Hungarian Governments for the purposes of reviewing the Romanian gold mining project and its impacts. The IGIE Report reaches the core conclusion that the EIA ... (3 KB) |
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| February 28, 2007 RESCHEDULED: Gabriel Announces Year End 2006 Results and Project Update on Rosia Montana Toronto, Ontario -- February 28, 2007 Gabriel Resources announces that it has rescheduled a conference call and web cast to discuss its Year End results to 9:00 am EST on Tuesday, March 6th, 2007 -- a day earlier than previously stated. Dial in information: North America please dial: 1-888-396-2356 International callers please dial: 617-847-8709 Participant code: 52874515 Details for the conference call and web cast can also be found on the Company website at http://www.... (0 KB) |
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| January 31, 2007 Gabriel Receives Annex Questions From Romanian Government Toronto, Canada -- January 31, 2007 - Gabriel Resources Ltd. ("Gabriel") announced today that it has received the official list of questions (the "Annex Questions") from the Romanian Ministry of Environment and Water Management relating to its proposed Rosia Montana Project. In keeping with the process prescribed by Romanian law and EU directives, these questions must be addressed in an Annex to the Rosia Montana environmental impact assessment (EIA). As the Company awaited receipt of the An... (1 KB) |
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| January 29, 2007 Launch of Rosia Montana MicroCredit ABRUD -- JAN 29, 2007 - Gabriel Rosia Montana made one more important step toward the development of the Rosia Montana area, by opening the first non-banking financial institution here - Rosia Montana MicroCredit. The institution aims to support the inhabitants of Rosia Montana, Abrud, Campeni and Bucium, who wish to establish their own business, or expand an existing one. The official opening took place in Abrud today, in the presence of Her Excellency Marta Moszczenska, the Canadian Ambass... (2 KB) |
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| January 25, 2007 Gabriel Announces Year End 2006 Results and Project Update on Rosia Montana Gabriel Resources announces that it will hold a conference call and web cast to discuss its Year End results at 9:00 am EST on Wednesday March 7th, 2007. Dial in information: North America please dial: 1-888-396-2356 International callers please dial: 617-847-8709 Participant code: 52874515 Details for the conference call and web cast can also be found on the Company website at http://www.gabrielresources.com About Gabriel Gabriel is a Canadian based resou... (0 KB) |
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| November 14, 2006 Third Quarter Report Highlights Financial performance ... (9 KB) |
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| October 27, 2006 Gabriel Informed EIA Annex Questions Expected in November 2006 Action Pushes EIA Process into 1Q 2007 Parallel Process Keeps Company on Track for 2009 First Pour Toronto, Canada -- October 27, 2006 </>-- Gabriel Resources Ltd. officials have been informed that it will receive in November 2006 the questions (the "Annex Questions") that must be addressed in an Annex to the Rosia Montana environmental impact assessment (EIA). As the Company awaits receipt of the Annex Questions, its EIA team continues to prepare responses based on the ongoing assessmen... (1 KB) |
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| October 26, 2006 Gabriel Resources Third Quarter Results, Conference Call and Webcast Information Toronto, Canada -- October 26, 2006 - Gabriel Resources announced today that it will release its Third Quarter 2006 Results after market close on November 14th, 2006. Gabriel will hold a conference call and webcast to discuss the Third Quarter Results on November 15th at 10:00 a.m. Details for the conference call and webcast are as follows: Dial In Information Telephone: 866-578-5801 (toll free from within North America) International Telephone: 617-213-8058 Participant Passc... (1 KB) |
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| September 29, 2006 APPOINTMENT OF SIMON PRIOR-PALMER TO BOARD OF DIRECTORS Toronto, Canada -- September 29, 2006 -- Michael Parrett, Chairman of the Board of Directors of Gabriel Resources Ltd. ("Gabriel") (TSX - "GBU") , is pleased to announce the appointment of Mr. Simon Prior-Palmer to the Board of Directors effective as of October 1, 2006. Mr. Prior-Palmer has more than 30 years experience in international financial markets. For more than 20 years he worked with Credit Suisse First Boston in Europe and Canada in various capacities including Managin... (2 KB) |
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| September 25, 2006 Gabriel CEO addresses Denver Gold Show Conference Says Company Remains "On Track" at Rosia Montana Denver, Colorado -- September 25, 2006 Speaking today at the Denver Gold Conference, Gabriel's President and CEO Alan R. Hill told investors "Gabriel continues its steady progress," providing an update on the timeline for the Company's Rosia Montana gold project in western Romania. In his Denver remarks, Mr. Hill noted that in the third quarter, Gabriel completed the public hearings portion of the Romanian EIA process, taking pa... (2 KB) |
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| September 22, 2006 INFORMATION RELEASE - Gabriel Adopts OECD Guidelines for Multinational Enterprises CEO Terms Responsibility Guidelines Part of a "Race to the Top" Company Joins Romanian Government in Commitment to OECD Process Toronto, Canada/ Bucharest, Romania -- September 22, 2006 Gabriel Resources Ltd. today expanded its commitment to corporate social responsibility by adopting the OECD Guidelines for Multinational Enterprises (the "Guidelines"). The OECD Guidelines, one of the world's foremost corporate responsibility instruments, contain voluntary principles and standard... (2 KB) |
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| August 30, 2006 INFORMATION RELEASE Rosia Montana Project Marks Last Session in Public Meeting Process Process Spans 6 Weeks, 16 Meetings, and 2 Countries CEO Hails "Unprecedented" Degree of Disclosure and Consultation Bucharest, Romania -- August 30, 2006 With yesterday's meeting in Budapest, Hungary, the series of 16 public meetings under the Public Disclosure and Consultation Process (PDCP) as set forth by the Romanian Government -- has now come to a close. In all, the Environmental Impact Assessment (EI... (2 KB) |
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| August 23, 2006 OVER-ALLOTMENT OPTION EXERCISED FOR $12.75 MILLION INCREASING TOTAL GROSS PROCEEDS TO $97.8 MILLION NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Toronto, Canada -- August 23, 2006 -- Gabriel Resources Ltd. ("Gabriel" or the "Company") (TSX - "GBU") is pleased to announce that the syndicate of underwriters for the recently completed public offering have exercised their over-allotment option (the "Option") to purchase an additional 4,050,000 common shares of the Corporation at a price of $3.15 per share, for aggregate gross proceeds... (2 KB) |
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| August 16, 2006 Gabriel, Rosia Montana Completes $85 Million Public Offering NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Toronto, Canada -- August 16, 2006 -- Gabriel Resources Ltd. ("Gabriel" or the "Company") (TSX - "GBU") is pleased to announce the closing of the sale of 27,000,000 common shares (the "Shares") at Cdn$3.15 per Share to a syndicate of underwriters led by RBC Capital Markets, as sole bookrunner, and Sprott Securities Inc. as co-lead manager, and including BMO Nesbitt Burns Inc., Canaccord C... (2 KB) |
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| August 04, 2006 $85 Million Public Offering $85 MILLION PUBLIC OFFERING NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Toronto, Canada -- August 4, 2006 -- Gabriel Resources Ltd. ("Gabriel" or the "Company") (TSX - "GBU") is pleased to announce that it has entered into an underwriting agreement with a syndicate of underwriters led by RBC Capital Markets, as sole bookrunner, and Sprott Securities Inc. as co-lead manager, and including BMO Nesbitt Burns Inc., Canaccord ... (2 KB) |
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| August 01, 2006 Equity Offering - Newmont Participation NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Toronto, Canada -- August 1, 2006 -- Gabriel Resources Ltd. ("Gabriel" or the "Company") (TSX - "GBU") is pleased to announce that after discussions with Newmont Mining Company of Canada Limited ("Newmont") regarding Gabriel's recently announced equity financing (the "Offering"), Newmont has indicated that it will participate in the Offering. Newmont has the right to participate... (2 KB) |
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| July 31, 2006 Equity Offering - Estimated US $75million NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Toronto, Canada - July 31, 2006 - Gabriel Resources Ltd. ("Gabriel" or the "Company") (TSX - "GBU") is pleased to announce that it has engaged a syndicate of underwriters led by RBC Capital Markets, as sole bookrunner, and Sprott Securities as co-lead manager for a proposed marketed offering (the "Offering") of common shares ("Shares") of the Company. Aggregate gross proceeds from the O... (2 KB) |
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| July 31, 2006 Amended Second Quarter Report TORONTO, July 31, 2006 Highlights Financial performance ... (2 KB) |
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| July 28, 2006 Gabriel Resources Second Quarter 2006 Results and Project Update ... (2 KB) |
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| July 25, 2006 INFORMATION RELEASE Rosia Montana, Romania - July 25th, 2006 At the first public consultation meeting for the Rosia Montana mining project, majority of the local community support the mining project proposed by Gabriel. The first public consultation meeting for the mining project proposed by Gabriel Resources took place yesterday at the Miner's Stadium in Rosia Montana in the presence of representatives of the Ministry of the Environment and Water Management as well as over 500 members of the local com... (2 KB) |
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| July 12, 2006 Two Court Cases Decided in Favor of Rosia Montana Group of Romanian NGO's Issue Press Release Supportive of Rosia Montana Project TORONTO -- July 12, 2006 Highlights • Romanian Supreme Court overturns previous annulment of archaeological discharge certificate no. 4 • Romanian Court of Appeal rejects Alburnus Maior's application to suspend the Rosia Montana EIA process • 18 Romanian NGO's support the development of Rosia Montana, if done in accordance with all applicable laws Annulment of Archaeological Discharge C... (2 KB) |
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| May 18, 2006 Rosia Montana EIA Filed with Romanian Government Gabriel Resources Ltd ("Gabriel") announces that the Environmental Impact Assessment for the Rosia Montana Project ("Rosia Montana EIA") has been filed with the Romanian Government. Gabriel awaits the Romanian Government's decision on the timetable for the public consultation process relating to the Rosia Montana EIA. "We look forward to the review, scrutiny and public consultation process as an opportunity to inform the interested public about our project at Rosia Montana," said Alan R. H... (2 KB) |
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| May 10, 2006 Yani Roditis Appointed as Chief Operating Officer of Gabriel Resources The Board of Directors is pleased to announce that Yani Roditis has been appointed as Chief Operating Officer of Gabriel Resources and will assume his duties in this capacity immediately. In his role based out of Bucharest, Mr. Roditis' primary focus will be the development of the Rosia Montana project. "With his extensive engineering, environmental permitting and operations experience, Yani Roditis has been a tremendous asset in completing the project design and moving our Environmental Imp... (1 KB) |
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| May 10, 2006 First Quarter Report Highlights Financial performance • First quarter net loss was $1.8 million, or $0.01 per share. • First quarter monthly expenditures averaged $2.9 million per month, or $8.6 million in total during the first quarter. • A total of $6.8 million spent on our two development projects during quarter. Liquidity and capital resources • Working capital at March 31, 2006 totaled $44.3 million. • Our base budget for 2006 totals $30 million, excluding expenditures includ... (2 KB) |
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| May 03, 2006 Gabriel Resources First Quarter Resulsts, Conference Call and Webcast Information Gabriel Resources announced today that it will release its First Quarter 2006 Results before market open on May 11th, 2006. Gabriel will hold a conference call and webcast to discuss the First Quarter Results on May 11th at 9:00 a.m., in conjunction with its Annual General Meeting. Details for the conference call and webcast are as follows: Dial In Information Telephone: 800-259-0251 (toll free from within North America) International Telephone: 617-614-3671 Participant Passcode: 537... (0 KB) |
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| April 12, 2006 Rosia Montana EIA Pending Submission Toronto, Ontario, April 12, 2006 -- Gabriel Resources Ltd. ("Gabriel") announces that the environmental impact assessment ("EIA") for the Rosia Montana project is currently pending submission to the Romanian Ministry of Environment, together with all documents requested by the Ministry for a complete application. Recent media commentary from a foreign sponsored NGO opposed to the development of the Rosia Montana project stating that the EIA procedure for the project has been suspended, is bot... (2 KB) |
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| March 30, 2006 Independant Team Completes Rosia Montana EIA - Submittal in April TORONTO, March 30, 2006 - Gabriel Resources is pleased to announce today that all 10 chapters of the Environmental Impact Assessment (EIA) have been completed by the independent EIA team... (0 KB) |
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| March 07, 2006 Year End 2005 Report For Immediate Release 03/06 TSX Trading Symbol: GBU Highlights ... (876 KB) |
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| March 02, 2006 Gabriel Announces Year End 2005 Results and Project Update on Rosia Montana For Immediate Release 02/06 TSX Trading Symbol: GBU Gabriel Resources announces that it will hold a conference call and webcast to release its Year End results at 4:30pm EST on Tuesday March 7th, 2005. The company plans to provide an update on Capital Expenditures, Operating Costs and the Production Profile. In addition revised Reserves and Resources will be provided. Details for the conference call and webcast can be found on the website at http://www.gabrielresources.com A... (0 KB) |
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| February 15, 2006 Chairman Succession and Appointment of New Director For Immediate Release 01/06 TSX Trading Symbol: GBU TORONTO, Ontario, February 15, 2006 - Gabriel Resources Ltd. is pleased to announce the appointment of Michael Parrett to succeed Oyvind Hushovd as the Company's non-executive Chairman. The appointment is effective immediately. Mr. Hushovd will continue as a director until the next Annual General Meeting at which time, due to relocating to his home in Norway, he will retire entirely from the Company. The Board also announces, effective... (2 KB) |
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| December 06, 2005 Gabriel Increases Cash Position to Over $50 million Toronto, Ontario, December 6, 2005 - Gabriel Resources Ltd. ("Gabriel") is pleased to announce that Newmont Mining Corporation of Canada Limited ("NMCCL"), a subsidiary of Newmont Mining Corporation ("Newmont"), has exercised all 15,000,000 common share purchase warrants (the "Warrants") previously issued to Newmont as part of a private placement in September of 2004, for aggregate proceeds to Gabriel of Cdn$30 million. "We are pleased to have the continued support of Newmont as a shareholder... (2 KB) |
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| November 02, 2005 Third Quarter Report Highlights • Third quarter net loss was $1.75 million, or $0.01 per share • Third quarter monthly expenditures averaged $1.5 million per month, or $4.5 million in total spending during the quarter, with a total of $3.2 million invested in our two development projects • Working capital at September 30, 2005 totaled $28.9 million • New program initiated for the acquisition of surface rights • Broad communications program covering television, print and billboards initiated (0 KB) |
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| November 02, 2005 Gabriel Resources Announces Third Quarter Resulsts Gabriel Resources announces that it will hold a conference call to release its Third Quarter results at 9:00am EST on Thursday November 3rd, 2005. The call will be webcast, details of which can be found on the website at http://www.gabrielresources.com/s/Presentations.asp. (0 KB) |
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| September 08, 2005 Media Reports MEDIA REPORTS Toronto, Ontario, September 8, 2005 -- At the request of Market Regulation Services Inc, Gabriel Resources Ltd. ("Gabriel") advises that it is aware of a media report indicating that a Gabriel spokesman was confirming that Gabriel was in discussions with Newmont Mining Corporation ("Newmont") regarding the Rosia Montana project. (0 KB) |
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| September 08, 2005 INFORMATION RELEASE - Gabriel's New CEO Cites Rosia Montana's Economic and Environmental Benefits Bucharest, Romania, September 8, 2005 "Project is the only way to improve the environment around Rosia Montana" Gabriel Resources new leadership team held its first media day with Romanian press in Bucharest today, focusing on the Company's Rosia Montana project. (0 KB) |
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| August 09, 2005 Second Quarter 2005 Report August 9, 2005 Highlights ... (2 KB) |
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| July 21, 2005 INFORMATION RELEASE - GABRIEL ADOPTS NEW CODE OF BUSINESS CONDUCT AND ETHICS; Bucharest, Romania, July 21, 2005 -- Gabriel Resources Ltd. ("Gabriel") and its 80% owned Romanian subsidiary Rosia Montana Gold Corporation S.A. ("RMGC") announced the adoption of a new Code of Business Conduct and Ethics. The Company also announced new management appointments resulting from its corporate restructuring plan. (0 KB) |
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| July 05, 2005 Corporate and Project Update CORPORATE AND PROJECT UPDATE Toronto, Ontario, July 5th, 2005 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide an update with respect to the development of its 80% owned Rosia Montana project located in Western Romania. Highlights • Restructuring of project development activities • Establishment of corporate office in Bucharest to facilitate Permitting, Development and Operations • Alignment of Gabriel and Rosia Montana Gold Corporation S. A.'s activities • Archaeological Discharge Certificate appeal filed • Concentration of development activities on completion of EIA (0 KB) |
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| June 24, 2005 Yani Roditis Appointed as Vice President - Projects Toronto, Ontario, June 24, 2005 - The Board of Directors of Gabriel Resources Ltd. ("Gabriel") is pleased to announce that Yani Roditis, has accepted the position of Vice President - Projects of Gabriel and will assume his duties on July 21, 2005. (0 KB) |
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| May 30, 2005 Terms of Reference Issued for Rosia Montana EIA Toronto, Ontario, May 30, 2005 -- Gabriel Resources Ltd. ("Gabriel") is pleased to announce that the Romanian Ministry of Environment has issued the terms of reference for the environmental impact assessment required for the development of its 80% owned Rosia Montana project located in Western Romania. (0 KB) |
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| May 11, 2005 First Quarter Corporate and Project Update News Release 06-05 Toronto, Ontario, May 10, 2005 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide its first quarter update with respect to the development of its 80% owned Rosia Montana and Bucium projects located in Western Romania. Highlights • $30 million in equity financing raised during the First ... (2 KB) |
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| May 03, 2005 RICHARD YOUNG APPOINTED AS CHIEF FINANCIAL OFFICER Toronto, Ontario, May 3, 2005 -- The Board of Directors of Gabriel Resources Ltd. ("Gabriel") is pleased to announce that Richard Young, CA has accepted the position of Vice President and Chief Financial Officer of Gabriel and will assume his duties on May 10, 2005. Mr. Young will also assume responsibility for Gabriel's investor relations program. "Richard Young brings extensive financial, mine development and capital markets experience to Gabriel," commented Alan Hill, Gabriel's newly appoi... (1 KB) |
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| April 29, 2005 RESIGNATION OF OFFICERS Toronto, Ontario, April 29, 2005 -- Paul Martin, Chief Financial Officer of Gabriel Resources Ltd. ("Gabriel"), and Simon Lawrence, Vice-President Corporate Development, have tendered their resignations as officers of Gabriel, effective May 18, 2005. After five years with Gabriel, Paul Martin has accepted a position as the Chief Financial Officer with a junior mineral resource company based in Toronto and Simon Lawrence has decided to take a sabbatical prior to pursuing new opportunities in t... (1 KB) |
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| December 14, 2004 ENVIRONMENTAL PERMITTING PROCESS INITIATED FOR ROSIA MONTANA Toronto, Ontario, December 14, 2004 -- Gabriel Resources Ltd. ("Gabriel") is pleased to announce that the environmental permitting process for the development of a new mine at Gabriel's 80% owned Rosia Montana project (the "Project") has been formally initiated by submitting the Project Presentation Report (the "PPR") to the Romanian regulatory authorities. (0 KB) |
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| November 12, 2004 THIRD QUARTER CORPORATE AND PROJECT UPDATE Toronto, Ontario, November 12, 2004 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide its third quarter update with respect to the development of its 80% owned Rosia Montana and Bucium projects located in Western Romania. (0 KB) |
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| December 01, 2003 Third Quarter Corporate And Project Update 15-03 Toronto, Ontario, December 1, 2003 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide its third quarter update with respect to its 80% owned Rosia Montana project. Highlights - Updated resource estimate at Rosia Montana adds 1.5 million ounces of gold - Rosia Montana EIA scheduled for submission in first quarter of 2004 - Rosia Montana construction start date scheduled for the second quarter of 2005 - Encouraging drill results at Bucium with resource estimate sc... (99 KB) |
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| December 01, 2003 Third Quarter Corporate And Project Update 15-03 Toronto, Ontario, December 1, 2003 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide its third quarter update with respect to its 80% owned Rosia Montana project. Highlights - Updated resource estimate at Rosia Montana adds 1.5 million ounces of gold - Rosia Montana EIA scheduled for submission in first quarter of 2004 - Rosia Montana construction start date scheduled for the second quarter of 2005 - Encouraging drill results at Bucium with resource estimate sc... (99 KB) |
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| November 14, 2003 Bucium Project - Rodu-Frasin Target High Grade Drill Results Toronto, Ontario, November 14, 2003 - Gabriel Resources Ltd. ("Gabriel") is pleased to provide the first drill results from its 2003 drill program on the Rodu-Frasin targets located on Gabriel's 80% owned Bucium project in Romania. Highlights - 2003 drill program has completed 21 drill holes to date on the Rodu-Frasin target - Significant breccia hosted gold mineralization intercepted in most recent drill hole - Hole 39 intersected 18 metres averaging 73.94 grams per tonne (g/t) gold and... (1139 KB) |
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| November 14, 2003 Bucium Project - Rodu-Frasin Target High Grade Drill Results Toronto, Ontario, November 14, 2003 - Gabriel Resources Ltd. ("Gabriel") is pleased to provide the first drill results from its 2003 drill program on the Rodu-Frasin targets located on Gabriel's 80% owned Bucium project in Romania. Highlights - 2003 drill program has completed 21 drill holes to date on the Rodu-Frasin target - Significant breccia hosted gold mineralization intercepted in most recent drill hole - Hole 39 intersected 18 metres averaging 73.94 grams per tonne (g/t) gold and... (1139 KB) |
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| September 24, 2003 Gabriel Resources Ltd - Completion Of CDN$45.75 Million Public Offering Toronto, Ontario, September 24, 2003 -- Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has completed its previously announced financing of 15,000,000 common shares at Cdn$3.05 per share (the "Offering"), with a syndicate of underwriters led by Griffiths McBurney & Partners and BMO Nesbitt Burns Inc., and including CIBC World Markets Inc., Dundee Securities Inc. and TD Securities Inc. (the "Underwriters"), for aggregate gross proceeds of Cdn$45.75 million. The net proceeds o... (1 KB) |
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| September 24, 2003 Gabriel Resources Ltd - Completion Of CDN$45.75 Million Public Offering Toronto, Ontario, September 24, 2003 -- Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has completed its previously announced financing of 15,000,000 common shares at Cdn$3.05 per share (the "Offering"), with a syndicate of underwriters led by Griffiths McBurney & Partners and BMO Nesbitt Burns Inc., and including CIBC World Markets Inc., Dundee Securities Inc. and TD Securities Inc. (the "Underwriters"), for aggregate gross proceeds of Cdn$45.75 million. The net proceeds o... (1 KB) |
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| September 08, 2003 Gabriel Resources Ltd. Announces $45,750,000 "Bought Deal" Financing Not for distribution to United States newswire services or for dissemination in the United States Toronto, Ontario: September 8, 2003 -- Gabriel Resources Ltd. (GBU -- TSX) is pleased to announce that it has entered into an agreement with a syndicate of underwriters Co-led by Griffiths McBurney & Partners and BMO Nesbitt Burns, and including CIBC World Markets, Dundee Securities and TD Securities and, which have agreed to purchase, on a bought deal basis, 15,000,000 Shares of the Company at... (2 KB) |
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| September 08, 2003 Gabriel Resources Ltd. Announces $45,750,000 "Bought Deal" Financing Not for distribution to United States newswire services or for dissemination in the United States Toronto, Ontario: September 8, 2003 -- Gabriel Resources Ltd. (GBU -- TSX) is pleased to announce that it has entered into an agreement with a syndicate of underwriters Co-led by Griffiths McBurney & Partners and BMO Nesbitt Burns, and including CIBC World Markets, Dundee Securities and TD Securities and, which have agreed to purchase, on a bought deal basis, 15,000,000 Shares of the Company at... (2 KB) |
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| August 28, 2003 Second Quarter Project Update 11-03 Toronto, Ontario, August 28, 2003 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on the status of the development of its 80% owned Rosia Montana project (the "Project") in western Romania. Rosia Montana Project Development Village Relocation In order to commence construction of the new mine at Rosia Montana during the fourth quarter of 2004, Rosia Montana Gold Corporation S.A. ("RMGC"), Gabriel's 80% owned Romanian subsidiary, must acquire all ... (2 KB) |
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| August 28, 2003 Second Quarter Project Update 11-03 Toronto, Ontario, August 28, 2003 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on the status of the development of its 80% owned Rosia Montana project (the "Project") in western Romania. Rosia Montana Project Development Village Relocation In order to commence construction of the new mine at Rosia Montana during the fourth quarter of 2004, Rosia Montana Gold Corporation S.A. ("RMGC"), Gabriel's 80% owned Romanian subsidiary, must acquire all ... (2 KB) |
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| July 11, 2003 Gabriel Resources Ltd. reports that it is not proceeding with the previously announced "bought deal" equity offering Toronto, Ontario, July 11, 2003 -- Gabriel Resources Ltd. ("Gabriel") reports that it is not proceeding with the previously announced "bought deal" equity offering of 10,000,000 common shares of Gabriel at a price of Cdn$2.80 per share underwritten by RBC Capital Markets. Gabriel believed it was necessary to ensure full public dissemination of the developments reported in the Romanian press, discussed below, prior to proceeding with the proposed "bought deal". Consequently, a preliminary prospec... (5 KB) |
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| July 11, 2003 Gabriel Resources Ltd. reports that it is not proceeding with the previously announced "bought deal" equity offering Toronto, Ontario, July 11, 2003 -- Gabriel Resources Ltd. ("Gabriel") reports that it is not proceeding with the previously announced "bought deal" equity offering of 10,000,000 common shares of Gabriel at a price of Cdn$2.80 per share underwritten by RBC Capital Markets. Gabriel believed it was necessary to ensure full public dissemination of the developments reported in the Romanian press, discussed below, prior to proceeding with the proposed "bought deal". Consequently, a preliminary prospec... (5 KB) |
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| July 09, 2003 CDN$28.0 Million Public Offering Of Common Shares 8-03 Toronto, Ontario, July 8, 2003 -- Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has entered into an agreement with RBC Capital Markets ("RBC"), pursuant to which RBC will purchase, on a "bought deal" basis, 10,000,000 common shares of Gabriel at a price of Cdn$2.80 (the "Offering Price") for gross proceeds to Gabriel of Cdn$28.0 million. The offering is expected to close on or about July 25, 2003. The securities offered have not and will not be registered under the... (3 KB) |
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| July 09, 2003 CDN$28.0 Million Public Offering Of Common Shares 8-03 Toronto, Ontario, July 8, 2003 -- Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has entered into an agreement with RBC Capital Markets ("RBC"), pursuant to which RBC will purchase, on a "bought deal" basis, 10,000,000 common shares of Gabriel at a price of Cdn$2.80 (the "Offering Price") for gross proceeds to Gabriel of Cdn$28.0 million. The offering is expected to close on or about July 25, 2003. The securities offered have not and will not be registered under the... (3 KB) |
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| July 07, 2003 Rosia Montana Project - Positive Romanian Parliamentary Commission Report 7-03 Toronto, Ontario, July 7, 2003 -- Gabriel Resources Ltd. ("Gabriel") provides the following update on the development of Gabriel's 80% owned Rosia Montana gold project in Romania (the "Project"). Positive Parliamentary Commission Report According to an interview with Mr. Alexandru Sassu, the President of the Special Joint Committee (the "Committee") of the Romanian Parliament, published by the Romanian newspaper "Independent", a number of the more important findings and conclusio... (7 KB) |
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| July 07, 2003 Rosia Montana Project - Positive Romanian Parliamentary Commission Report 7-03 Toronto, Ontario, July 7, 2003 -- Gabriel Resources Ltd. ("Gabriel") provides the following update on the development of Gabriel's 80% owned Rosia Montana gold project in Romania (the "Project"). Positive Parliamentary Commission Report According to an interview with Mr. Alexandru Sassu, the President of the Special Joint Committee (the "Committee") of the Romanian Parliament, published by the Romanian newspaper "Independent", a number of the more important findings and conclusio... (7 KB) |
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| June 19, 2003 Rosia Montana Project - Romanian Parliamentary Commission Report Toronto, Ontario, June 19, 2003 -- At the request of the Toronto Stock Exchange, Gabriel Resources Ltd. ("Gabriel") provides the following update on the activities of the Romanian Special Joint Committee created to review the development of Gabriel's 80% owned Rosia Montana gold project in Romania (the "Project"). Parliamentary Commission Report Gabriel understands that, according to an article on the Romanian "Mediafax", the Special Joint Committee (the "Committee") of the Romanian P... (3 KB) |
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| June 19, 2003 Rosia Montana Project - Romanian Parliamentary Commission Report Toronto, Ontario, June 19, 2003 -- At the request of the Toronto Stock Exchange, Gabriel Resources Ltd. ("Gabriel") provides the following update on the activities of the Romanian Special Joint Committee created to review the development of Gabriel's 80% owned Rosia Montana gold project in Romania (the "Project"). Parliamentary Commission Report Gabriel understands that, according to an article on the Romanian "Mediafax", the Special Joint Committee (the "Committee") of the Romanian P... (3 KB) |
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| June 03, 2003 2003 Rosia Montana Exploration Drill Program Underway Designed To Test New Zones Of Mineralization 5-03 Toronto, Ontario, June 2, 2003 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on its exploration activities on Gabriel's 80% owned Rosia Montana project in Romania. Highlights •2003 Rosia Montana exploration drill program underway •2003 program designed to test previously unexplored extensions to existing resources and reserves •Recent structural and geological re-interpretation of the geology at Rosia Montana, together with a review of histo... (4698 KB) |
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| June 03, 2003 2003 Rosia Montana Exploration Drill Program Underway Designed To Test New Zones Of Mineralization 5-03 Toronto, Ontario, June 2, 2003 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on its exploration activities on Gabriel's 80% owned Rosia Montana project in Romania. Highlights •2003 Rosia Montana exploration drill program underway •2003 program designed to test previously unexplored extensions to existing resources and reserves •Recent structural and geological re-interpretation of the geology at Rosia Montana, together with a review of histo... (4698 KB) |
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| May 20, 2003 Resignation Of Frank Timis As A Director 4-03 Toronto, Ontario, May 20, 2003 -- Mr. Oyvind Hushovd, Chairman of the Board of Gabriel Resources Ltd. ("Gabriel"), announces that Frank Timis has resigned as a director of Gabriel, effective May 16, 2003, in order to devote more time to his other business interests. Mr. Timis will continue to assist Gabriel, as an independent consultant, in connection with the development of the Rosia Montana project. The Board of Directors of Gabriel expresses its appreciation to Mr. Timis for his v... (2 KB) |
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| May 20, 2003 Resignation Of Frank Timis As A Director 4-03 Toronto, Ontario, May 20, 2003 -- Mr. Oyvind Hushovd, Chairman of the Board of Gabriel Resources Ltd. ("Gabriel"), announces that Frank Timis has resigned as a director of Gabriel, effective May 16, 2003, in order to devote more time to his other business interests. Mr. Timis will continue to assist Gabriel, as an independent consultant, in connection with the development of the Rosia Montana project. The Board of Directors of Gabriel expresses its appreciation to Mr. Timis for his v... (2 KB) |
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| April 14, 2003 MANAGEMENT REORGANIZATION 3-03 Toronto, Ontario, April 14, 2003 -- Gabriel Resources Ltd. ("Gabriel") announces that Robin J. Hickson, President and Chief Operating Officer, and Andrew Kaczmarek, Vice President and General Manager of Rosia Montana, have tendered their resignations from their current positions for personal reasons. Bruce Marsh, Vice President Environmental and Regulatory Affairs, has tendered his resignation as an officer of Gabriel, also for personal reasons, and will continue to provide assistance as... (3 KB) |
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| April 14, 2003 MANAGEMENT REORGANIZATION 3-03 Toronto, Ontario, April 14, 2003 -- Gabriel Resources Ltd. ("Gabriel") announces that Robin J. Hickson, President and Chief Operating Officer, and Andrew Kaczmarek, Vice President and General Manager of Rosia Montana, have tendered their resignations from their current positions for personal reasons. Bruce Marsh, Vice President Environmental and Regulatory Affairs, has tendered his resignation as an officer of Gabriel, also for personal reasons, and will continue to provide assistance as... (3 KB) |
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| March 27, 2003 Appointment of Chairman and Chief Executive Officer 2-03 Toronto, Ontario, March 27, 2003 -- Gabriel Resources Ltd. ("Gabriel") is pleased to announce that Oyvind Hushovd has been appointed as the Chairman of the Board and Chief Executive Officer of Gabriel effective March 27, 2003. Mr. Hushovd, who has been a member of Gabriel's board of directors since November 19, 2002, served as the President and Chief Executive Officer of Falconbridge Ltd. from 1996 to 2002. Previously, he held a number of executive positions with Falconbridge Ltd. from 1... (3 KB) |
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| March 27, 2003 Appointment of Chairman and Chief Executive Officer 2-03 Toronto, Ontario, March 27, 2003 -- Gabriel Resources Ltd. ("Gabriel") is pleased to announce that Oyvind Hushovd has been appointed as the Chairman of the Board and Chief Executive Officer of Gabriel effective March 27, 2003. Mr. Hushovd, who has been a member of Gabriel's board of directors since November 19, 2002, served as the President and Chief Executive Officer of Falconbridge Ltd. from 1996 to 2002. Previously, he held a number of executive positions with Falconbridge Ltd. from 1... (3 KB) |
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| February 25, 2003 Project Update - Rosia Montana Toronto, Ontario, February 25, 2003 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on the development of Gabriel's 80% owned Rosia Montana gold project in Romania (the "Project"): Highlights - Basic Engineering Phase Of Development Completed - Total Cash Costs Of US$115 Per Ounce In Lowest Quartile During Initial Five Years Of Mine Life - Updated Financial Analysis Confirms Strong Project Economics - 20% of Local Rosia Montana Residents Have Entered I... (113 KB) |
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| February 25, 2003 Project Update - Rosia Montana Toronto, Ontario, February 25, 2003 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on the development of Gabriel's 80% owned Rosia Montana gold project in Romania (the "Project"): Highlights - Basic Engineering Phase Of Development Completed - Total Cash Costs Of US$115 Per Ounce In Lowest Quartile During Initial Five Years Of Mine Life - Updated Financial Analysis Confirms Strong Project Economics - 20% of Local Rosia Montana Residents Have Entered I... (113 KB) |
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| December 03, 2002 RODU-FRASIN EXPLORATION DRILLING INDICATES MAJOR NEW DISCOVERY NR 12-02 Intersections include 126 metres @ 4.08 g/t gold and 12 g/t silver Toronto, Ontario, December 3rd, 2002 - Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on its activities to date on the Rodu-Frasin target in Romania. Highlights -Drilling intersects significant gold-silver mineralization. -Initial 20 hole drill program completed. -Drilling intercepted 158m @ 3.64 g/t Au and 11 g/t Ag. -Mineralization style similar to the nearby +10 mill... (155 KB) |
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| December 03, 2002 RODU-FRASIN EXPLORATION DRILLING INDICATES MAJOR NEW DISCOVERY NR 12-02 Intersections include 126 metres @ 4.08 g/t gold and 12 g/t silver Toronto, Ontario, December 3rd, 2002 - Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on its activities to date on the Rodu-Frasin target in Romania. Highlights -Drilling intersects significant gold-silver mineralization. -Initial 20 hole drill program completed. -Drilling intercepted 158m @ 3.64 g/t Au and 11 g/t Ag. -Mineralization style similar to the nearby +10 mill... (155 KB) |
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| November 19, 2002 Appointment Of New Director 13-02 Toronto, Ontario, November 19, 2002 - Gabriel Resources Ltd. ("Gabriel") is pleased to announce that Oyvind Hushovd has been appointed as a Director of Gabriel. Oyvind Hushovd is a retired mining executive, having most recently served as the President and Chief Executive Officer of Falconbridge Ltd. from 1996 to 2002. Previously, Mr. Hushovd held a number of executive positions with Falconbridge Ltd. from 1974 until 1996, including Executive Vice President - Operations from 1995 to 1... (3 KB) |
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| November 19, 2002 Appointment Of New Director 13-02 Toronto, Ontario, November 19, 2002 - Gabriel Resources Ltd. ("Gabriel") is pleased to announce that Oyvind Hushovd has been appointed as a Director of Gabriel. Oyvind Hushovd is a retired mining executive, having most recently served as the President and Chief Executive Officer of Falconbridge Ltd. from 1996 to 2002. Previously, Mr. Hushovd held a number of executive positions with Falconbridge Ltd. from 1974 until 1996, including Executive Vice President - Operations from 1995 to 1... (3 KB) |
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| November 08, 2002 Significant Drill Results At Rosia Poieni Project 12-02 Intercepts include 544 metres of 1.01% copper and 0.51 g/t gold Toronto, Ontario, November 8, 2002 - Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on its activities to date on the Rosia Poieni project in Romania. Highlights - Option agreement with Minvest S.A. extended to August 2003 - Initial 6 hold drill program at Rosia Poieni completed - Drill results confirm tenor and extent of copper-gold mineralization - Preliminary metallurgical testwo... (2017 KB) |
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| November 08, 2002 Significant Drill Results At Rosia Poieni Project 12-02 Intercepts include 544 metres of 1.01% copper and 0.51 g/t gold Toronto, Ontario, November 8, 2002 - Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on its activities to date on the Rosia Poieni project in Romania. Highlights - Option agreement with Minvest S.A. extended to August 2003 - Initial 6 hold drill program at Rosia Poieni completed - Drill results confirm tenor and extent of copper-gold mineralization - Preliminary metallurgical testwo... (2017 KB) |
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| October 31, 2002 Bucium - Drill Program Underway On Rodu and Frasin Targets Toronto, Ontario, October 31, 2002 - Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on Gabriel's 80% owned Bucium project in Romania: Highlights -Initial drill program underway on the Rodu and Frasin targets within the Bucium license -Similar style epithermal mineralization to Gabriel's Rosia Montana project -Geological mapping has identified a mineralized alteration zone covering 1.5 x 2 km -Exploration of other targets in Bucium license continues. D... (113 KB) |
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| October 31, 2002 Bucium - Drill Program Underway On Rodu and Frasin Targets Toronto, Ontario, October 31, 2002 - Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on Gabriel's 80% owned Bucium project in Romania: Highlights -Initial drill program underway on the Rodu and Frasin targets within the Bucium license -Similar style epithermal mineralization to Gabriel's Rosia Montana project -Geological mapping has identified a mineralized alteration zone covering 1.5 x 2 km -Exploration of other targets in Bucium license continues. D... (113 KB) |
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| October 17, 2002 Rosia Montana Project - Archaeological Discharge Program Toronto, Ontario, October 17, 2002 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on the archaeological discharge programs associated with the development of Gabriel's 80% owned Rosia Montana gold project in Romania. Highlights - Archaeological discharge certificates issued by Romanian Minister of Culture for key development areas - Gabriel receives Constantin Daicoviciu Award for Outstanding Archaeological Programs Archaeological Discharge P... (5 KB) |
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| October 17, 2002 Rosia Montana Project - Archaeological Discharge Program Toronto, Ontario, October 17, 2002 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on the archaeological discharge programs associated with the development of Gabriel's 80% owned Rosia Montana gold project in Romania. Highlights - Archaeological discharge certificates issued by Romanian Minister of Culture for key development areas - Gabriel receives Constantin Daicoviciu Award for Outstanding Archaeological Programs Archaeological Discharge P... (5 KB) |
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| October 11, 2002 Rosia Montana Project - Project Update Toronto, Ontario, October 11, 2002 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on the development of Gabriel's 80% owned Rosia Montana gold project in Romania (the "Project"): Highlights - International Finance Corporation (the "IFC") ceases its involvement in the Project - Resettlement and relocation program successfully underway - Next key step in permitting process includes Environmental and Social Impact Analysis and application for construc... (9 KB) |
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| October 11, 2002 Rosia Montana Project - Project Update Toronto, Ontario, October 11, 2002 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on the development of Gabriel's 80% owned Rosia Montana gold project in Romania (the "Project"): Highlights - International Finance Corporation (the "IFC") ceases its involvement in the Project - Resettlement and relocation program successfully underway - Next key step in permitting process includes Environmental and Social Impact Analysis and application for construc... (9 KB) |
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| October 03, 2002 Rosia Montana Project - Update On Resettlement Program 8-02 Toronto, Ontario, October 3, 2002 - Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on the resettlement program associated with the development of Gabriel's 80% owned Rosia Montana gold project in Romania: Highlights -Resettlement program successfully underway with strong local response and support -More than 600 property owners are currently engaged in negotiations with Gabriel -A total of 71 properties have now been acquired by Gabriel and a ... (7 KB) |
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| October 03, 2002 Rosia Montana Project - Update On Resettlement Program 8-02 Toronto, Ontario, October 3, 2002 - Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update on the resettlement program associated with the development of Gabriel's 80% owned Rosia Montana gold project in Romania: Highlights -Resettlement program successfully underway with strong local response and support -More than 600 property owners are currently engaged in negotiations with Gabriel -A total of 71 properties have now been acquired by Gabriel and a ... (7 KB) |
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| June 12, 2002 World Class Development and Operating Team Appointed 7-02 Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has appointed the following key executives to its management team: - President & Chief Operating Officer Robin J. Hickson - Vice President -- Projects & Project Director Rosia Montana Trevor A. Moss - Vice President -- Environmental & Regulatory Affairs Bruce Marsh - Vice President & General Manager Rosia Montana Andrew Kaczmarek The appointment of these individuals confirms Gabriel's ongoing commitment to establi... (10 KB) |
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| June 12, 2002 World Class Development and Operating Team Appointed 7-02 Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has appointed the following key executives to its management team: - President & Chief Operating Officer Robin J. Hickson - Vice President -- Projects & Project Director Rosia Montana Trevor A. Moss - Vice President -- Environmental & Regulatory Affairs Bruce Marsh - Vice President & General Manager Rosia Montana Andrew Kaczmarek The appointment of these individuals confirms Gabriel's ongoing commitment to establi... (10 KB) |
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| April 19, 2002 Option on Rosia Poeini Copper Gold Porphyry Gabriel Resources Ltd. ("Gabriel") is pleased to announce that Gabriel has entered into an exclusive option agreement with Minvest S.A. with respect to the Rosia Poeini copper gold porphyry project in Romania. Option Agreement Gabriel has entered into an option agreement (the "Option") with Minvest S.A., which grants Gabriel the exclusive right until November 2002 to review all geological, technical and operating data and information regarding the Rosia Poeini open pit mine. Rosia Poeini is ... (4 KB) |
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| April 19, 2002 Option on Rosia Poeini Copper Gold Porphyry Gabriel Resources Ltd. ("Gabriel") is pleased to announce that Gabriel has entered into an exclusive option agreement with Minvest S.A. with respect to the Rosia Poeini copper gold porphyry project in Romania. Option Agreement Gabriel has entered into an option agreement (the "Option") with Minvest S.A., which grants Gabriel the exclusive right until November 2002 to review all geological, technical and operating data and information regarding the Rosia Poeini open pit mine. Rosia Poeini is ... (4 KB) |
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| March 27, 2002 $56 Million Private Placement Completed NR 5-02 Mr. Frank Timis, Chairman of Gabriel Resources Ltd. ("Gabriel") is pleased to announce that Gabriel has today completed its previously announced non-brokered private placement, which due to over-subscription, has been increased from the initial amount of $44 million to a total of $56.1 million in gross proceeds to Gabriel. Gabriel has issued a total of 16.04 million fully paid common share purchase warrants (the "Warrants") at a purchase price of $3.50 per Warrant. Each Warrant is ... (4 KB) |
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| March 27, 2002 $56 Million Private Placement Completed NR 5-02 Mr. Frank Timis, Chairman of Gabriel Resources Ltd. ("Gabriel") is pleased to announce that Gabriel has today completed its previously announced non-brokered private placement, which due to over-subscription, has been increased from the initial amount of $44 million to a total of $56.1 million in gross proceeds to Gabriel. Gabriel has issued a total of 16.04 million fully paid common share purchase warrants (the "Warrants") at a purchase price of $3.50 per Warrant. Each Warrant is ... (4 KB) |
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| March 15, 2002 $44 Million Private Placement Mr. Frank Timis, Chairman of Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has arranged, subject to regulatory approval, a non-brokered private placement to a number of institutional investors, which will raise gross proceeds of approximately $44 million for Gabriel. The proceeds of this financing will be used to fund a substantial portion of Gabriel's equity component of its proposed project financing for the development of a large scale open pit mine at Gabriel's 80% Ros... (4 KB) |
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| March 15, 2002 $44 Million Private Placement Mr. Frank Timis, Chairman of Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has arranged, subject to regulatory approval, a non-brokered private placement to a number of institutional investors, which will raise gross proceeds of approximately $44 million for Gabriel. The proceeds of this financing will be used to fund a substantial portion of Gabriel's equity component of its proposed project financing for the development of a large scale open pit mine at Gabriel's 80% Ros... (4 KB) |
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| February 21, 2002 Basic Engineering Phase of Development Underway NR 3-02 GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Optimum Plant Capacity Following receipt of two definitive feasibility studies in 2001 on Gabriel's 80% owned Rosia Montana project in Romania, Gabriel began the process of determining an appropriate plant capacity upon which to base the basic engineering phase of development. SNC Lavalin Engineers & Constructors Inc. ("SLE&C") was engaged to determine an optimal plant capac... (50 KB) |
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| February 21, 2002 Basic Engineering Phase of Development Underway NR 3-02 GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Optimum Plant Capacity Following receipt of two definitive feasibility studies in 2001 on Gabriel's 80% owned Rosia Montana project in Romania, Gabriel began the process of determining an appropriate plant capacity upon which to base the basic engineering phase of development. SNC Lavalin Engineers & Constructors Inc. ("SLE&C") was engaged to determine an optimal plant capac... (50 KB) |
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| February 07, 2002 Implementation Of Resettlement Program Underway GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights -Implementation of the Resettlement Program (the "RP") underway -RP to be implemented in accordance with World Bank Policies and Procedures -Experienced Resettlement Project Manager appointed -Planning Alliance appointed to oversee implementation of the RP Implementation of Resettlement Program Underway Gabriel has commenced the process of implementing the Re... (6 KB) |
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| February 07, 2002 Implementation Of Resettlement Program Underway GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights -Implementation of the Resettlement Program (the "RP") underway -RP to be implemented in accordance with World Bank Policies and Procedures -Experienced Resettlement Project Manager appointed -Planning Alliance appointed to oversee implementation of the RP Implementation of Resettlement Program Underway Gabriel has commenced the process of implementing the Re... (6 KB) |
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| February 05, 2002 New Directors Appointed GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights -Restructuring of Board Of Directors continues with new appointments -Financial, Romanian and Legal expertise added to the Board Ronald Grossman, Ovidiu Tender and Frank D. Wheatley have been appointed as Directors of Gabriel as part of Gabriel's ongoing restructuring of its Board of Directors. A brief summary of each of the new Director's background and experience is set for... (4 KB) |
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| February 05, 2002 New Directors Appointed GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights -Restructuring of Board Of Directors continues with new appointments -Financial, Romanian and Legal expertise added to the Board Ronald Grossman, Ovidiu Tender and Frank D. Wheatley have been appointed as Directors of Gabriel as part of Gabriel's ongoing restructuring of its Board of Directors. A brief summary of each of the new Director's background and experience is set for... (4 KB) |
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| December 18, 2001 Completion of CDN$34.5 Million Public Offering NR 15-01 GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce that it has completed the sale to the public of 13.8 million common shares of Gabriel at a price of Cdn$2.50 per share, pursuant to a short form prospectus, for total gross proceeds of Cdn$34.5 million. The net proceeds of Cdn$32,602,500 from the offering will be used to advance Gabriel's 80% owned Rosia Montana project through the next stages of development up to the point of a production decision. The funds will be utiliz... (3 KB) |
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| December 18, 2001 Completion of CDN$34.5 Million Public Offering NR 15-01 GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce that it has completed the sale to the public of 13.8 million common shares of Gabriel at a price of Cdn$2.50 per share, pursuant to a short form prospectus, for total gross proceeds of Cdn$34.5 million. The net proceeds of Cdn$32,602,500 from the offering will be used to advance Gabriel's 80% owned Rosia Montana project through the next stages of development up to the point of a production decision. The funds will be utiliz... (3 KB) |
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| December 11, 2001 CDN$34.5 Million Public Offering NR14-01 Toronto, Ontario, December 11, 2001 -- GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce that it has agreed to issue up to 13.8 million common shares of Gabriel at a price of Cdn$2.50 per share (the "Offering Price") for total gross proceeds of Cdn$34.5 million. Gabriel has entered into an underwriting agreement with HSBC Securities (Canada) Inc., Canaccord Capital Corporation and Dundee Securities Corporation to issue a total of 12 million common shares. In addition, Gabri... (3 KB) |
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| December 11, 2001 CDN$34.5 Million Public Offering NR14-01 Toronto, Ontario, December 11, 2001 -- GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce that it has agreed to issue up to 13.8 million common shares of Gabriel at a price of Cdn$2.50 per share (the "Offering Price") for total gross proceeds of Cdn$34.5 million. Gabriel has entered into an underwriting agreement with HSBC Securities (Canada) Inc., Canaccord Capital Corporation and Dundee Securities Corporation to issue a total of 12 million common shares. In addition, Gabri... (3 KB) |
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| November 19, 2001 Proposed Equity Offering NR 13-01 Toronto, Ontario, November 16, 2001 -- GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce that it has entered into an agreement with HSBC Securities (Canada) Inc., Canaccord Capital Corporation and Dundee Securities Corporation, to undertake, on a best efforts basis, an offering of common shares. Gabriel has filed a preliminary short form prospectus in connection with the proposed offering. The net proceeds of the proposed offering, the size and price of which will be deter... (2 KB) |
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| November 19, 2001 Proposed Equity Offering NR 13-01 Toronto, Ontario, November 16, 2001 -- GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce that it has entered into an agreement with HSBC Securities (Canada) Inc., Canaccord Capital Corporation and Dundee Securities Corporation, to undertake, on a best efforts basis, an offering of common shares. Gabriel has filed a preliminary short form prospectus in connection with the proposed offering. The net proceeds of the proposed offering, the size and price of which will be deter... (2 KB) |
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| November 02, 2001 SECOND ROSIA MONTANA DEFINITIVE FEASIBILITY STUDY COMPLETED NR12-01 GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights Gabriel has received the second definitive feasibility study (the "Second Study") being coordinated and compiled by GRD Minproc Limited ("Minproc") of Perth, Western Australia on Gabriel's 80% owned Rosia Montana project in Romania. A summary of the highlights of the Second Study, on a 100% project basis, is as follows: -----------------------------------------... (98 KB) |
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| November 02, 2001 SECOND ROSIA MONTANA DEFINITIVE FEASIBILITY STUDY COMPLETED NR12-01 GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights Gabriel has received the second definitive feasibility study (the "Second Study") being coordinated and compiled by GRD Minproc Limited ("Minproc") of Perth, Western Australia on Gabriel's 80% owned Rosia Montana project in Romania. A summary of the highlights of the Second Study, on a 100% project basis, is as follows: -----------------------------------------... (98 KB) |
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| October 18, 2001 Gabriel Added To TSE 300 Composite Index GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce that effective today, Gabriel has been added to the TSE 300 Composite Index and the TSE Capped Indices in the Gold and Precious Metals Group (02.03) and the S&P/TSE Canadian SmallCap Index. The TSE 300 Composite Index is used by the financial community at large as a broad indicator of market activity for the 300 largest companies traded on the Toronto Stock Exchange. Gabriel is a Canadian based resource company, which holds an 80% i... (2 KB) |
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| October 18, 2001 Gabriel Added To TSE 300 Composite Index GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce that effective today, Gabriel has been added to the TSE 300 Composite Index and the TSE Capped Indices in the Gold and Precious Metals Group (02.03) and the S&P/TSE Canadian SmallCap Index. The TSE 300 Composite Index is used by the financial community at large as a broad indicator of market activity for the 300 largest companies traded on the Toronto Stock Exchange. Gabriel is a Canadian based resource company, which holds an 80% i... (2 KB) |
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| August 14, 2001 ROSIA MONTANA DEFINITIVE FEASIBILITY STUDY Toronto, August 14, 2001 -- GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights Gabriel has received the definitive feasibility study (the "Study") being coordinated and compiled by GRD Minproc Limited ("Minproc") of Perth, Western Australia on Gabriel's 80% owned Rosia Montana project in Romania. A summary of the highlights of the Study, on a 100% project basis, are as follows: ----------------------------------------... (103 KB) |
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| August 14, 2001 ROSIA MONTANA DEFINITIVE FEASIBILITY STUDY Toronto, August 14, 2001 -- GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights Gabriel has received the definitive feasibility study (the "Study") being coordinated and compiled by GRD Minproc Limited ("Minproc") of Perth, Western Australia on Gabriel's 80% owned Rosia Montana project in Romania. A summary of the highlights of the Study, on a 100% project basis, are as follows: ----------------------------------------... (103 KB) |
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| July 12, 2001 C$10,500,000 Brokered Private Placement Completed GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights -Cdn$10.5 million brokered private placement financing completed -Previously announced Cdn$10 million bridge financing facility terminated -Previously announced public equity financing to proceed following completion of the Definitive Feasibility Study on Rosia Montana Brokered Private Placement Gabriel has today completed its previously announced private placem... (4 KB) |
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| July 12, 2001 C$10,500,000 Brokered Private Placement Completed GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights -Cdn$10.5 million brokered private placement financing completed -Previously announced Cdn$10 million bridge financing facility terminated -Previously announced public equity financing to proceed following completion of the Definitive Feasibility Study on Rosia Montana Brokered Private Placement Gabriel has today completed its previously announced private placem... (4 KB) |
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| July 04, 2001 $10,500,000 BROKERED PRIVATE PLACEMENT Toronto, July 4, 2001 -- GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights - Cdn$10.5 million brokered private placement financing arranged - Previously announced public equity financing to proceed following completion of Definitive Feasibility Study on Rosia Montana - Previously announced Cdn$10 million bridge financing facility to be terminated upon completion of the private placement Brokered Private Placement ... (4 KB) |
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| July 04, 2001 $10,500,000 BROKERED PRIVATE PLACEMENT Toronto, July 4, 2001 -- GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights - Cdn$10.5 million brokered private placement financing arranged - Previously announced public equity financing to proceed following completion of Definitive Feasibility Study on Rosia Montana - Previously announced Cdn$10 million bridge financing facility to be terminated upon completion of the private placement Brokered Private Placement ... (4 KB) |
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| June 18, 2001 Definitive Feasibility Study Nears Completion Toronto, June 18, 2001 -- GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights - Definitive Feasibility Study on Rosia Montana scheduled for completion by mid-July - Cdn $10 million bridge financing facility arranged with Resource Capital Fund II - Previously announced equity offering postponed due to unsatisfactory market conditions Definitive Feasibility Study The Definitive Feasibility Study being prepared by GRD M... (3 KB) |
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| June 18, 2001 Definitive Feasibility Study Nears Completion Toronto, June 18, 2001 -- GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights - Definitive Feasibility Study on Rosia Montana scheduled for completion by mid-July - Cdn $10 million bridge financing facility arranged with Resource Capital Fund II - Previously announced equity offering postponed due to unsatisfactory market conditions Definitive Feasibility Study The Definitive Feasibility Study being prepared by GRD M... (3 KB) |
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| June 06, 2001 SMALL CAP INVESTMENT SEMINAR SMALL CAP INVESTMENT SEMINAR Hosted by NAI Interactive Ltd, the leading financial portal for Chinese investors PRESENTS Premier presentation to the Chinese Investment Community. Saturday, June 16th , 2001 1:00pm (Room C,D) Sheraton Parkway Hotel 600 HWY 7 East Richmond Hill Please RSVP to Gilbert Chan at (416) 366-8338, or via email at gil@na-investor.com View Invitation in PDF Format: (11 KB) |
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| May 18, 2001 We are moving on May 24th, 2001 We are moving on May 24th, 2001 Suite 1501 -- 110 Yonge Street Toronto Ontario M5C 1T4 http://www.gabrielresources.com http://www.egoldfields.com Gabriel Resources Ltd. Tel: (416) 955-9200 Fax: (416) 955-4661 European Goldfields Ltd. Tel: (416) 955-4563 Fax: (416) 363-0198 (1 KB) |
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| May 14, 2001 Equity Financing GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce that it has today reached an agreement for the sale through Griffiths McBurney & Partners ("GMP") and a syndicate of agents, on a best efforts basis, of 4 million common shares of Gabriel at a price per share to be fixed, subject however to a minimum price of $4.50. Gabriel is proposing to qualify the distribution of these shares in British Columbia, Alberta and Ontario by filing a short form prospectus. Gabriel has agreed to an over-allo... (3 KB) |
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| May 14, 2001 Equity Financing GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce that it has today reached an agreement for the sale through Griffiths McBurney & Partners ("GMP") and a syndicate of agents, on a best efforts basis, of 4 million common shares of Gabriel at a price per share to be fixed, subject however to a minimum price of $4.50. Gabriel is proposing to qualify the distribution of these shares in British Columbia, Alberta and Ontario by filing a short form prospectus. Gabriel has agreed to an over-allo... (3 KB) |
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| May 04, 2001 Metallurgical Testwork and Process Design GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights ... (4 KB) |
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| May 04, 2001 Metallurgical Testwork and Process Design GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights ... (4 KB) |
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| April 25, 2001 Rosia Montana Community Approves Relocation GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights - Rosia Montana Local Council approves a revised Land Use Plan to permit the large scale development of a new mine at Rosia Montana - Revised Land Use Plan also incorporates the relocation and resettlement of all areas affected by the development of a new mine - Revised Land Use Plan approved by all local, county and federal levels of government - A formal Resettlement Ac... (6 KB) |
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| April 25, 2001 Rosia Montana Community Approves Relocation GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's activities. Highlights - Rosia Montana Local Council approves a revised Land Use Plan to permit the large scale development of a new mine at Rosia Montana - Revised Land Use Plan also incorporates the relocation and resettlement of all areas affected by the development of a new mine - Revised Land Use Plan approved by all local, county and federal levels of government - A formal Resettlement Ac... (6 KB) |
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| April 18, 2001 New President and CEO GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate activities. Highlights · Clifford J. Davis hired as new President and Chief Executive Officer · N.M. Rothchild & Sons (Washington) LLP retained as project debt finance advisor New President and CEO Following an extensive search conducted by an international executive recruiting firm based in New York, Gabriel has hired Clifford J. Davis as its new President and Chief Ex... (4 KB) |
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| April 18, 2001 New President and CEO GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate activities. Highlights · Clifford J. Davis hired as new President and Chief Executive Officer · N.M. Rothchild & Sons (Washington) LLP retained as project debt finance advisor New President and CEO Following an extensive search conducted by an international executive recruiting firm based in New York, Gabriel has hired Clifford J. Davis as its new President and Chief Ex... (4 KB) |
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| March 21, 2001 Warrants Exercised GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate activities. Exercise of Warrants An aggregate of 5,954,428 common share purchase warrants issued in March, 1999, in connection with a private placement by Gabriel, were exercised in full prior to their expiry on March 5, 2001. An additional 1,200,600 common share purchase warrants issued in August 1999 in connection with a separate private placement by Gabriel, were also exercised in 2000. ... (4 KB) |
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| March 21, 2001 Warrants Exercised GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate activities. Exercise of Warrants An aggregate of 5,954,428 common share purchase warrants issued in March, 1999, in connection with a private placement by Gabriel, were exercised in full prior to their expiry on March 5, 2001. An additional 1,200,600 common share purchase warrants issued in August 1999 in connection with a separate private placement by Gabriel, were also exercised in 2000. ... (4 KB) |
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| February 15, 2001 Rosia Montana - Project Update GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities. Highlights - Gabriel's 2000 exploration program was successful in upgrading and validating the quality of the resource at Rosia Montana, by both significantly expanding the size of the overall resource base, as well as significantly upgrading the resource categories - The overall gold resource at Rosia Montana was expanded during 2000 by 77%, from approxi... (16 KB) |
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| February 15, 2001 Rosia Montana - Project Update GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities. Highlights - Gabriel's 2000 exploration program was successful in upgrading and validating the quality of the resource at Rosia Montana, by both significantly expanding the size of the overall resource base, as well as significantly upgrading the resource categories - The overall gold resource at Rosia Montana was expanded during 2000 by 77%, from approxi... (16 KB) |
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| November 30, 2000 Rosia Montana -- Exploration Update GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities. Highlights -Final phase of 2000 exploration program to be completed by mid--December -Final phase consists of 24,500 metres of drilling and sampling designed to further upgrade and expand the existing 11 million ounce resource base -Final 2000 resource update scheduled to be completed during February 2001 and will form the basis of the open -- pit mine res... (6 KB) |
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| November 30, 2000 Rosia Montana -- Exploration Update GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities. Highlights -Final phase of 2000 exploration program to be completed by mid--December -Final phase consists of 24,500 metres of drilling and sampling designed to further upgrade and expand the existing 11 million ounce resource base -Final 2000 resource update scheduled to be completed during February 2001 and will form the basis of the open -- pit mine res... (6 KB) |
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| October 25, 2000 Rosia Montana -- Mining License Rosia Montana - Mining License Transferred to Rosia Montana Gold Corporation S.A. (4 KB) |
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| October 25, 2000 Rosia Montana -- Mining License Rosia Montana - Mining License Transferred to Rosia Montana Gold Corporation S.A. (4 KB) |
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| October 19, 2000 Rosia Montana - Updated Resource Estimate Rosia Montana - Updated Resource Estimate GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities. ... (14 KB) |
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| October 19, 2000 Rosia Montana - Updated Resource Estimate Rosia Montana - Updated Resource Estimate GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities. ... (14 KB) |
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| September 29, 2000 Gabriel To Begin Trading On The Toronto Stock Exchange GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce that the common shares of Gabriel will be called for trading on the Toronto Stock Exchange on Friday, September 29, 2000 under the symbol "GBU". Gabriel is a Canadian based resource company engaged in the exploration and development of mineral properties in Romania On Behalf of the Board: FRANK D. WHEATLEY PRESIDENT AND CHIEF OPERATING OFFICER CONTACT: Gabriel Resources Ltd. at (416) 955-9200 or ... (2 KB) |
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| September 29, 2000 Gabriel To Begin Trading On The Toronto Stock Exchange GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce that the common shares of Gabriel will be called for trading on the Toronto Stock Exchange on Friday, September 29, 2000 under the symbol "GBU". Gabriel is a Canadian based resource company engaged in the exploration and development of mineral properties in Romania On Behalf of the Board: FRANK D. WHEATLEY PRESIDENT AND CHIEF OPERATING OFFICER CONTACT: Gabriel Resources Ltd. at (416) 955-9200 or ... (2 KB) |
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| June 09, 2000 Effective Date Of Corporate Reorganization GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate activities. Corporate Reorganization Further to Gabriel's previous announcement on May 29, 2000 regarding its proposed corporate reorganization, Gabriel is pleased to report that the corporate reorganization will be completed and will become effective on June 13, 2000. European Goldfields Ltd. will be called for trading on the Canadian Venture Exchange ("CDNX") at the opening of the market... (3 KB) |
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| June 09, 2000 Effective Date Of Corporate Reorganization GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate activities. Corporate Reorganization Further to Gabriel's previous announcement on May 29, 2000 regarding its proposed corporate reorganization, Gabriel is pleased to report that the corporate reorganization will be completed and will become effective on June 13, 2000. European Goldfields Ltd. will be called for trading on the Canadian Venture Exchange ("CDNX") at the opening of the market... (3 KB) |
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| May 29, 2000 Exploration Update At Rosia Montana GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities. Highlights ... (40 KB) |
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| May 29, 2000 Exploration Update At Rosia Montana GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities. Highlights ... (40 KB) |
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| May 23, 2000 Update On Corporate Reorganization GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate reorganization. Corporate Reorganization Further to Gabriel's previous announcement on April 19, 2000 regarding its proposed corporate reorganization, Gabriel is pleased to report that its shareholders and rightsholders both unanimously approved the corporate reorganization at Gabriel's annual and special meeting held on May 18, 2000. Gabriel will now apply to the Supreme Court of... (3 KB) |
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| May 23, 2000 Update On Corporate Reorganization GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate reorganization. Corporate Reorganization Further to Gabriel's previous announcement on April 19, 2000 regarding its proposed corporate reorganization, Gabriel is pleased to report that its shareholders and rightsholders both unanimously approved the corporate reorganization at Gabriel's annual and special meeting held on May 18, 2000. Gabriel will now apply to the Supreme Court of... (3 KB) |
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| May 09, 2000 Amendment Of Convertible Debenture GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate activities. Amendment of Outstanding Convertible Debenture Gabriel has reached an agreement in principle regarding an amendment of the US$1.75 million convertible secured debenture (the "Debenture") held by Resource Capital Fund L.P. ("RCF"). The agreement provides that RCF will convert the Debenture into 2,537,335 common shares of Gabriel on or before May 25, 2000. In consideration for e... (3 KB) |
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| May 09, 2000 Amendment Of Convertible Debenture GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate activities. Amendment of Outstanding Convertible Debenture Gabriel has reached an agreement in principle regarding an amendment of the US$1.75 million convertible secured debenture (the "Debenture") held by Resource Capital Fund L.P. ("RCF"). The agreement provides that RCF will convert the Debenture into 2,537,335 common shares of Gabriel on or before May 25, 2000. In consideration for e... (3 KB) |
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| April 19, 2000 Update On Corporate Reorganization GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate reorganization. Highlights - Details of the proposed corporate reorganization are now finalized - Relevant dates concerning the reorganization are as follows: - Shareholders Meeting Date: May 18, 2000 - Record Date for Reorganization: May 25, 2000 - Proposed Effective Date of Reorganization: May 31, 2000 Corporate Reorganization Further to Gabriel's previous anno... (9 KB) |
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| April 19, 2000 Update On Corporate Reorganization GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate reorganization. Highlights - Details of the proposed corporate reorganization are now finalized - Relevant dates concerning the reorganization are as follows: - Shareholders Meeting Date: May 18, 2000 - Record Date for Reorganization: May 25, 2000 - Proposed Effective Date of Reorganization: May 31, 2000 Corporate Reorganization Further to Gabriel's previous anno... (9 KB) |
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| April 10, 2000 Update On Rosia Montana Development GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on the development of its Rosia Montana project. Highlights - Bankable Feasibility Study on Cetate and Cirnic deposits underway - Environmental impact assessment will include a review to determine whether there are sites of historical significance Development of Rosia Montana in 2000 Bankable Feasibility Study Based on the results of the positive pre-feasibility study received in Dece... (6 KB) |
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| April 10, 2000 Update On Rosia Montana Development GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on the development of its Rosia Montana project. Highlights - Bankable Feasibility Study on Cetate and Cirnic deposits underway - Environmental impact assessment will include a review to determine whether there are sites of historical significance Development of Rosia Montana in 2000 Bankable Feasibility Study Based on the results of the positive pre-feasibility study received in Dece... (6 KB) |
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| March 31, 2000 Romanian Government Reiterates its Support of the Mining Industry. Official Press Release Romanian Government In response to recant issues regarding the mining industry in Romania, the government of Romania reports that a full investigation into the unfortunate environmental accident at the Bala-Mare gold mine (S.C. Auru S.A.) is underway. The European Union and the Romanian Ministry of the Environment are carrying out a full investigation, which will be completed in the near future. Findings resulting from the investigation will be acted upon responsibly... (4 KB) |
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| March 31, 2000 Romanian Government Reiterates its Support of the Mining Industry. Official Press Release Romanian Government In response to recant issues regarding the mining industry in Romania, the government of Romania reports that a full investigation into the unfortunate environmental accident at the Bala-Mare gold mine (S.C. Auru S.A.) is underway. The European Union and the Romanian Ministry of the Environment are carrying out a full investigation, which will be completed in the near future. Findings resulting from the investigation will be acted upon responsibly... (4 KB) |
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| March 01, 2000 $16 Million Private Placement Financing Completed Frank D. Wheatley, President and Chief Operating Officer of GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities: Highlights - Gabriel completes Cdn$16 million private placement financing - Bankable feasibility study on Rosia Montana project underway - Gabriel appoints additional senior officers Company Remarks With the completion of the recent private placement, Gabriel now has the funding in ... (4 KB) |
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| March 01, 2000 $16 Million Private Placement Financing Completed Frank D. Wheatley, President and Chief Operating Officer of GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities: Highlights - Gabriel completes Cdn$16 million private placement financing - Bankable feasibility study on Rosia Montana project underway - Gabriel appoints additional senior officers Company Remarks With the completion of the recent private placement, Gabriel now has the funding in ... (4 KB) |
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| February 16, 2000 Corporate Reorganization Frank D. Wheatley, President and Chief Operating Officer of GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate activities: Highlights - Gabriel proposes a corporate reorganization to divide its mineral resource assets into two separate public companies - Gabriel adopts a shareholders rights plan Company Remarks Gabriel is proposing a corporate reorganization with a view to enhancing shareholder value by dividing Gabr... (6 KB) |
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| February 16, 2000 Corporate Reorganization Frank D. Wheatley, President and Chief Operating Officer of GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate activities: Highlights - Gabriel proposes a corporate reorganization to divide its mineral resource assets into two separate public companies - Gabriel adopts a shareholders rights plan Company Remarks Gabriel is proposing a corporate reorganization with a view to enhancing shareholder value by dividing Gabr... (6 KB) |
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| January 28, 2000 $16,100,000 Brokered Private Placement Frank D. Wheatley, President and Chief Operating Officer of Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has reached agreement, subject to regulatory approval, with T. Hoare Canaccord to make a brokered private placement of up to 7,000,000 common shares of Gabriel at a price of Cdn $2.30 per share for gross proceeds to Gabriel of Cdn$16,100,000. As consideration for acting as agent in connection with this financing, Gabriel has agreed to pay T. Hoare Canaccord a commission o... (2 KB) |
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| January 28, 2000 $16,100,000 Brokered Private Placement Frank D. Wheatley, President and Chief Operating Officer of Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has reached agreement, subject to regulatory approval, with T. Hoare Canaccord to make a brokered private placement of up to 7,000,000 common shares of Gabriel at a price of Cdn $2.30 per share for gross proceeds to Gabriel of Cdn$16,100,000. As consideration for acting as agent in connection with this financing, Gabriel has agreed to pay T. Hoare Canaccord a commission o... (2 KB) |
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| December 15, 1999 Positive Pre-Prefeasibility Study On Rosia Montana GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities: Highlights Gabriel has received a positive Pre-Feasibility Study (the "Study") prepared by Pincock Allen & Holt ("PAH") of Denver on Gabriel's Rosia Montana project in Romania. The Study presents a Base Case, which considers a 10 million tonne per annum operation encompassing existing measured and indicated resources and an Alternate Case, which considers a... (10 KB) |
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| December 15, 1999 Positive Pre-Prefeasibility Study On Rosia Montana GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities: Highlights Gabriel has received a positive Pre-Feasibility Study (the "Study") prepared by Pincock Allen & Holt ("PAH") of Denver on Gabriel's Rosia Montana project in Romania. The Study presents a Base Case, which considers a 10 million tonne per annum operation encompassing existing measured and indicated resources and an Alternate Case, which considers a... (10 KB) |
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| October 25, 1999 Preliminary Resource Estimate At Certej Project GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities: Highlights ... (8 KB) |
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| October 25, 1999 Preliminary Resource Estimate At Certej Project GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities: Highlights ... (8 KB) |
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| October 10, 1999 Update on Corporate and Technical Activities Gabriel Resources Ltd. ("Gabriel") is pleased to provide an update on Gabriel's corporate and technical activities. (3 KB) |
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| October 10, 1999 Update on Corporate and Technical Activities Gabriel Resources Ltd. ("Gabriel") is pleased to provide an update on Gabriel's corporate and technical activities. (3 KB) |
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| September 17, 1999 Updated Resource Estimate At Rosia Montana Gabriel Resources Ltd. ("Gabriel") is pleased to provide an update on Gabriel's corporate and technical activities. (9 KB) |
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| September 17, 1999 Updated Resource Estimate At Rosia Montana Gabriel Resources Ltd. ("Gabriel") is pleased to provide an update on Gabriel's corporate and technical activities. (9 KB) |
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| August 27, 1999 Second Phase Financing Completed And New High Grade Zone Identified At Rosia Montana GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities: Highlights ... (45 KB) |
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| August 27, 1999 Second Phase Financing Completed And New High Grade Zone Identified At Rosia Montana GABRIEL RESOURCES LTD. ("Gabriel") is pleased to provide the following update on Gabriel's corporate and technical activities: Highlights ... (45 KB) |
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| August 16, 1999 First Phase Financing Completed and Pre-Feasibility Study on Rosia Montana Underway Gabriel Resources Ltd. ("Gabriel") is pleased to provide an update on Gabriel's corporate and technical activities. (6 KB) |
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| August 16, 1999 First Phase Financing Completed and Pre-Feasibility Study on Rosia Montana Underway Gabriel Resources Ltd. ("Gabriel") is pleased to provide an update on Gabriel's corporate and technical activities. (6 KB) |
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| June 30, 1999 Corporate Update Gabriel Resources Ltd. ("Gabriel") is pleased to provide an update on Gabriel's corporate and technical activities over the past several months. (8 KB) |
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| June 30, 1999 Corporate Update Gabriel Resources Ltd. ("Gabriel") is pleased to provide an update on Gabriel's corporate and technical activities over the past several months. (8 KB) |
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| June 25, 1999 New Equity Financings Mr. Frank D. Wheatley reports: GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce that it has today reached agreement in principal regarding the following two equity financings: (1) a non-brokered private placement of units for gross proceeds to Gabriel of up to Cdn$3,000,000; and (2) a variation of the terms of the previously issued US$4.0 million convertible secured debenture, thereby allowing Gabriel to draw down the US$1,750,000 undrawn portion of such debenture; for total... (5 KB) |
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| June 25, 1999 New Equity Financings Mr. Frank D. Wheatley reports: GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce that it has today reached agreement in principal regarding the following two equity financings: (1) a non-brokered private placement of units for gross proceeds to Gabriel of up to Cdn$3,000,000; and (2) a variation of the terms of the previously issued US$4.0 million convertible secured debenture, thereby allowing Gabriel to draw down the US$1,750,000 undrawn portion of such debenture; for total... (5 KB) |
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| May 19, 1999 Supreme Court of BC Ruling Mr. Frank D. Wheatley reports: GABRIEL RESOURCES LTD. ("Gabriel") announces that, further to its press release of May 14, 1999, the Supreme Court of British Columbia (the "Court") has today granted Gabriel's application to set aside the ex-parte interim injunction obtained by Mr. Peter Guest, a director of the Company and the former President and Chief Executive Officer. In addition, the Court declined to grant Mr. Guest's application to extend the injunction until trial of Mr. Guest's cla... (2 KB) |
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| May 19, 1999 Ex-Parte Interim Injunction Set-Aside Gabriel Resources Ltd. ("Gabriel") announces that, further to its press release of May 14, 1999, the Supreme Court of British Columbia (the "Court") has today granted Gabriel's application to set aside the ex-parte interim injunction obtained by Mr. Peter Guest, a director of the Company and the former President and Chief Executive Officer. In addition, the Court declined to grant Mr. Guest's application to extend the injunction until trial of Mr. Guest's claim against Gabriel for alleged wrong... (2 KB) |
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| May 19, 1999 Supreme Court of BC Ruling Mr. Frank D. Wheatley reports: GABRIEL RESOURCES LTD. ("Gabriel") announces that, further to its press release of May 14, 1999, the Supreme Court of British Columbia (the "Court") has today granted Gabriel's application to set aside the ex-parte interim injunction obtained by Mr. Peter Guest, a director of the Company and the former President and Chief Executive Officer. In addition, the Court declined to grant Mr. Guest's application to extend the injunction until trial of Mr. Guest's cla... (2 KB) |
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| May 19, 1999 Ex-Parte Interim Injunction Set-Aside Gabriel Resources Ltd. ("Gabriel") announces that, further to its press release of May 14, 1999, the Supreme Court of British Columbia (the "Court") has today granted Gabriel's application to set aside the ex-parte interim injunction obtained by Mr. Peter Guest, a director of the Company and the former President and Chief Executive Officer. In addition, the Court declined to grant Mr. Guest's application to extend the injunction until trial of Mr. Guest's claim against Gabriel for alleged wrong... (2 KB) |
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| May 14, 1999 Writ of Summons to be Vigorously Defended Gabriel Resources Ltd. ("Gabriel") announces that late in the afternoon of May 13, 1999 it received a Writ of Summons from Mr. Peter Guest, a director of the Company and the former President and Chief Executive Officer, claiming damages for an alleged wrongful dismissal from the Company and for defamation. Mr. Guest claims approximately $850,000 plus interest and costs. The Company considers Mr. Guest's claim to be without merit and intends to vigorously defend it. Also on the afternoon of ... (3 KB) |
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| May 14, 1999 Writ of Summons to be Vigorously Defended Gabriel Resources Ltd. ("Gabriel") announces that late in the afternoon of May 13, 1999 it received a Writ of Summons from Mr. Peter Guest, a director of the Company and the former President and Chief Executive Officer, claiming damages for an alleged wrongful dismissal from the Company and for defamation. Mr. Guest claims approximately $850,000 plus interest and costs. The Company considers Mr. Guest's claim to be without merit and intends to vigorously defend it. Also on the afternoon of ... (3 KB) |
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| April 09, 1999 Underground Sampling Expands Zones Of Gold Mineralisation At The Certej Property, Romania Dr. Peter J. Guest reports: GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce additional results from surface and underground channel sampling at the Certej project in Transylvania, Romania. The Certej project is held by S.C. Deva Gold S.A. ("Deva Gold"), a Romanian registered company incorporated on December 24th, 1997 pursuant to a joint venture between Castle Europa Ltd, a Bahamas company wholly owned by Gabriel Resources Ltd., Regia Autonoma a Cuprului Deva, the Romanian state ... (56 KB) |
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| April 09, 1999 Dr. Peter J. Guest has Ceased to be the President and CEO of Gabriel Gabriel Resources Ltd. ("Gabriel") announces that Dr. Peter J. Guest has ceased to be the President and CEO of Gabriel effective today. (2 KB) |
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| April 09, 1999 Underground Sampling Expands Zones Of Gold Mineralisation At The Certej Property, Romania Dr. Peter J. Guest reports: GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce additional results from surface and underground channel sampling at the Certej project in Transylvania, Romania. The Certej project is held by S.C. Deva Gold S.A. ("Deva Gold"), a Romanian registered company incorporated on December 24th, 1997 pursuant to a joint venture between Castle Europa Ltd, a Bahamas company wholly owned by Gabriel Resources Ltd., Regia Autonoma a Cuprului Deva, the Romanian state ... (56 KB) |
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| April 09, 1999 Dr. Peter J. Guest has Ceased to be the President and CEO of Gabriel Gabriel Resources Ltd. ("Gabriel") announces that Dr. Peter J. Guest has ceased to be the President and CEO of Gabriel effective today. (2 KB) |
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| April 01, 1999 Cetate Deposit Phase I Drilling Completed & Cirnic Deposit - Underground Sampling Continuing at Rosia Montana, Romania Gabriel Resources Ltd. ("Gabriel") is pleased to announce that both the phase I drilling program at the Cetate deposit and underground sampling on two of the eleven underground levels at the Cirnic deposit have been completed at the Rosia Montana project in Transylvania, Romania. Refer to Figure 1 attached. The geological exploration work completed on the Cetate deposit and identified to date at the Cirnic deposit clearly indicates the potential of Rosia Montana as one of Europe's premier gold b... (18 KB) |
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| April 01, 1999 Cetate Deposit Phase I Drilling Completed & Cirnic Deposit - Underground Sampling Continuing at Rosia Montana, Romania Gabriel Resources Ltd. ("Gabriel") is pleased to announce that both the phase I drilling program at the Cetate deposit and underground sampling on two of the eleven underground levels at the Cirnic deposit have been completed at the Rosia Montana project in Transylvania, Romania. Refer to Figure 1 attached. The geological exploration work completed on the Cetate deposit and identified to date at the Cirnic deposit clearly indicates the potential of Rosia Montana as one of Europe's premier gold b... (18 KB) |
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| March 12, 1999 Board of Directors Approve Re-Pricing of Stock Options On Monday, March 8, 1999, the Board of Directors of Gabriel Resources Ltd. ("Gabriel") approved the repricing of stock options. (2 KB) |
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| March 12, 1999 Board of Directors Approve Re-Pricing of Stock Options On Monday, March 8, 1999, the Board of Directors of Gabriel Resources Ltd. ("Gabriel") approved the repricing of stock options. (2 KB) |
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| March 10, 1999 Appointment of Executive Chairman of the Company Dr. Peter J. Guest is pleased to announce on behalf of the board of directors of the Company Mr. Timis' appointment as Executive Chairman of the Company. (2 KB) |
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| March 10, 1999 Appointment of Executive Chairman of the Company Dr. Peter J. Guest is pleased to announce on behalf of the board of directors of the Company Mr. Timis' appointment as Executive Chairman of the Company. (2 KB) |
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| March 09, 1999 $4,465,821 Private Placement Completed Gabriel Resources Ltd. ("Gabriel") is pleased to announce that on Friday it closed a non-brokered private placement to Albion Holdings Limited ("Albion") of 5,954,428 special warrants of Gabriel ("Special Warrants"). (3 KB) |
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| March 09, 1999 $4,465,821 Private Placement Completed Gabriel Resources Ltd. ("Gabriel") is pleased to announce that on Friday it closed a non-brokered private placement to Albion Holdings Limited ("Albion") of 5,954,428 special warrants of Gabriel ("Special Warrants"). (3 KB) |
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| February 26, 1999 Further Drilling & Underground Sampling Continues Expansion Of Mineralization At Rosia Montana, Romania Dr. Peter J. Guest reports: GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce additional drilling at the Cetate deposit and underground sampling results at the Cirnic deposit in the Rosia Montana project in Transylvania, Romania. Refer to Figure 1 attached. Drilling at the Cetate deposit has been increased to a total of 77 holes totaling 13,219 meters composed of 8,935.2 meters of reverse circulation and 4,283.8 meters of diamond drilling from hole RMRD001 through to hole RMRD077.... (44 KB) |
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| February 26, 1999 Further Drilling & Underground Sampling Continues Expansion Of Mineralization At Rosia Montana, Romania Dr. Peter J. Guest reports: GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce additional drilling at the Cetate deposit and underground sampling results at the Cirnic deposit in the Rosia Montana project in Transylvania, Romania. Refer to Figure 1 attached. Drilling at the Cetate deposit has been increased to a total of 77 holes totaling 13,219 meters composed of 8,935.2 meters of reverse circulation and 4,283.8 meters of diamond drilling from hole RMRD001 through to hole RMRD077.... (44 KB) |
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| February 25, 1999 Provisional Resource Estimate Update Determined At Rosia Montana, Romania Dr. Peter J. Guest reports: GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce a provisional resource estimate update for the Cetate deposit in the Rosia Montana project in Transylvania, Romania. Refer to figure 1 attached. The focus of Gabriel's exploration program has been on Cetate and Gauri where, based on the results of Gabriel's work reported on November 30, 1998, Resource Service Group, a highly regarded Australian exploration, mining and resource consultant, estimated a tot... (84 KB) |
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| February 25, 1999 Provisional Resource Estimate Update Determined At Rosia Montana, Romania Dr. Peter J. Guest reports: GABRIEL RESOURCES LTD. ("Gabriel") is pleased to announce a provisional resource estimate update for the Cetate deposit in the Rosia Montana project in Transylvania, Romania. Refer to figure 1 attached. The focus of Gabriel's exploration program has been on Cetate and Gauri where, based on the results of Gabriel's work reported on November 30, 1998, Resource Service Group, a highly regarded Australian exploration, mining and resource consultant, estimated a tot... (84 KB) |
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| February 11, 1999 Non-Brokered Private Placement Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has today agreed to make a non-brokered private placement to Albion Holdings Limited ("Albion") of up to 6,000,000 special warrants of Gabriel ("Special Warrants"), but not less than 4,666,667 Special Warrants. The private placement will be made pursuant to prospectus exemptions at a price of $0.75 per Special Warrant. Each Special Warrant will be exercisable without further payment into one common share of Gabriel and one commo... (4 KB) |
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| February 11, 1999 Non-Brokered Private Placement Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has today agreed to make a non-brokered private placement to Albion Holdings Limited ("Albion") of up to 6,000,000 special warrants of Gabriel ("Special Warrants"), but not less than 4,666,667 Special Warrants. The private placement will be made pursuant to prospectus exemptions at a price of $0.75 per Special Warrant. Each Special Warrant will be exercisable without further payment into one common share of Gabriel and one commo... (4 KB) |
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| September 08, 2004 COMPLETION OF $24.75 MILLION PRIVATE PLACEMENT Toronto, Ontario, September 8, 2004 -- Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has closed its previously announced financing with Newmont Mining Corporation of Canada Limited ("NMCCL"), a subsidiary of Newmont Mining Corporation ("Newmont"), of 15,000,000 units of Gabriel (the "Units") at a price of Cdn$1.65 per Unit, for aggregate proceeds to Gabriel of Cdn$24,750,000. Each unit consists of one common share of Gabriel and one common share purchase warrant. Each whole common share purchase warrant entitles NMCCL to acquire one common share of Gabriel at a price of Cdn$2.00 at any time on or before December 31, 2005. The common shares comprised in the Units represent 10.2% of Gabriel's issued and outstanding common shares and, if all the warrants are exercised, then NMCCL would hold 18.6% of Gabriel's issued and outstanding common shares. (0 KB) |
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| August 30, 2004 $24.75 Million Private Placement Toronto, Ontario, August 30, 2004 -- Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has entered into a subscription agreement (the "Subscription Agreement") with Newmont Mining Corporation of Canada Limited ("NMCCL"), a subsidiary of Newmont Mining Corporation ("Newmont"), pursuant to which NMCCL will purchase, on a private placement basis, 15,000,000 units of Gabriel (the "Units") at a price of Cdn$1.65 per Unit, for aggregate gross proceeds to Gabriel of Cdn$24,750,000... (0 KB) |
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| August 13, 2004 SECOND QUARTER CORPORATE AND PROJECT UPDATE Toronto, Ontario, August 13, 2004 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide its second quarter update with respect to the development of its 80% owned Rosia Montana and Bucium projects located in Western Romania... (0 KB) |
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| April 27, 2005 ALAN R. HILL APPOINTED AS PRESIDENT & CHIEF EXECUTIVE OFFICER Toronto, Ontario, April 27, 2005 -- The Board of Directors of Gabriel Resources Ltd. ("Gabriel") is pleased to announce that Mr. Alan R. Hill has accepted the position of President and Chief Executive Officer of Gabriel and will assume his duties on May 10, 2005 when Oyvind Hushovd retires in accordance with his agreement with Gabriel. Mr. Hushovd will continue as the Non-Executive Chairman of Gabriel and Mr. Hill will join the Board of Directors. (0 KB) |
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| May 20, 2004 3 Year Extension Of The Bucium Exploration License Approved Toronto, Ontario, May 20, 2004 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide an update on its 80% owned Bucium project situated in Western Romania. Bucium Project License Extension Rosia Montana Gold Corporation S.A.'s ("RMGC") application to the Romanian National Agency for Mineral Resources (the "NAMR") to exercise its right to extend the exploration license for the Bucium project for an additional three years has been approved. As a result, the term of the B... (2 KB) |
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| March 31, 2005 COMPLETION OF CDN$30 MILLION PUBLIC OFFERING OF UNITS Toronto, Ontario, March 31, 2005 -- Gabriel Resources Ltd. ("Gabriel") is pleased to announce the closing of the sale of 15,000,000 units (the "Units") at Cdn$2.00 per Unit (the "Offering"), to a syndicate of underwriters co-led by Sprott Securities Inc. and BMO Nesbitt Burns Inc., and including Dundee Securities Corporation, CIBC World Markets Inc., GMP Securities Ltd., Canaccord Capital Corporation and TD Securities Inc. (the "Underwriters"), for aggregate gross proceeds of Cdn$30 million... (0 KB) |
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| May 12, 2004 First Quarter Corporate and Project Update 03-04 FIRST QUARTER CORPORATE AND PROJECT UPDATE Toronto, Ontario, May 12, 2004 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide its first quarter update with respect to the development of its 80% owned Rosia Montana and Bucium projects situated in Western Romania. Highlights · Commencement of construction of the new mine at Rosia Montana is not anticipated prior to the second quarter of 2006 · Piatra Alba Resettlement Site access road under construction · Alba I... (2 KB) |
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| March 16, 2005 CDN$25 MILLION PUBLIC OFFERING OF UNITS Toronto, Ontario, March 16, 2005 -- Gabriel Resources Ltd. ("Gabriel") is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by Sprott Securities Inc., and BMO Nesbitt Burns Inc... (0 KB) |
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| February 24, 2004 Review of 2003 & Project Overview 2-04 Toronto, Ontario, February 23, 2004 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide the following update with respect to the development of its 80% owned Rosia Montana project situated in Western Romania. Highlights · Positive exploration results at both Rosia Montana and Bucium in 2003 · Archaeological discharge certificates issued for plant, pit and infrastructure sites · Preliminary work underway for the closure of the current Minvest mining operations ... (2 KB) |
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| February 23, 2005 BUCIUM PROJECT - Updated Rodu and Frasin Resource Estimate Toronto, Ontario, February 24, 2005 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide an update on its exploration activities on its 80% owned Bucium project in Romania. (0 KB) |
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| February 09, 2004 BUCIUM PROJECT - Exploration Update; Preliminary Resource Estimate for the Rodu & Frasin Deposits 01-04 Toronto, Ontario, February 9, 2004 -- Gabriel Resources Ltd. ("Gabriel") is pleased to provide an update on its exploration activities on Gabriel's 80% owned Bucium project in Romania. Highlights · Initial phase of exploration drilling completed · Preliminary resource estimate indicates an indicated resource of 408,000 oz Au and 1,866,000 oz Ag at the Frasin deposit · Preliminary resource estimate indicates an inferred resource of 814,000 oz Au and 1,502,000 oz Ag at t... (2 KB) |
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