Cronus resources ein explorer mit zukunft
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fishbet : Cronus resources ein explorer mit zukunft
Der kurs gestaltet sich seit jahresanfang freundlich, obwohl kaum gehandelt wird.
fishbet : sunrise
fishbet : das ist gewaltig
fishbet : erfolgsstory
die besten Voraussetzungen für eine langfristige Erfolgsstory.
Verantwortlich ist der deutsche Stargeologe
Klaus Eckhof, den Sie bereits von unserem Goldplay
MOTO GOLDMINES kennen. Eckhoff hat bereits mehrere Firmen zur Übernahme durch größere Player geführt.
Nur ein Beispiel: Als GALLERY GOLD Eckhofs SPINIFEX GOLD schluckte, heimsten deren glückliche
Aktienbesitzer binnen weniger Wochen über 1000 Prozent Gewinn ein! Wiederholt sich ein solcher Erfolg jetzt?
Die aktuelle Börsenbewertung von LALO VENTURES ist angesichts der hervorragenden Aussichten geradezu
lächerlich. Das sehen Sie am besten im Vergleich zu ähnlichen Firmen. Nehmen Sie nur die britische OXUS
GOLD, die ebenfalls im Tien Shan exploriert: Sagenhafte 3000 Prozent strichen Anleger mit dieser an der Londoner
Börse notierten Firma ein ? und das in nur zwölf Monaten!
fishbet : nach handelsbeginn
RalfBau : "Halt Trading" in CAN - Morgen Hammer-News bei CZR
Cronus Resources halted at 8:09 a.m. PT
2009-10-08 11:11 ET - Halt Trading
Investment Industry Regulatory Organization of Canada - Trading Halt - Cronus Res Ltd. - CZRCronus Resources Inc CZR 10/8/2009 11:16:00 AMVANCOUVER, Oct. 8, 2009 (Canada NewsWire via COMTEX News Network) --
The following issues have been halted by Investment Industry Regulatory Organization of Canada (IIROC):
<< Issuer Name: Cronus Res Ltd. TSX-V Ticker Symbol: CZR Time of Halt: 11:09 ET Reason for Halt: Company Request Pending News >>
SOURCE: Investment Industry Regulatory Organization of Canada (IIROC)
SOURCE: Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions
contact - IIROC Inquiries (416) 646-7299 - * Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.
Copyright (C) 2009 CNW Group. All rights reserved.
RalfBau : Hammer-NEWS!!
Cronus Resources Ltd. Announces Reverse Take-Over
Source: Cronus Resources Ltd.
On 9:00 am EDT, Friday October 9, 2009
Buzz up! 0 Print.TORONTO, ONTARIO--(Marketwire - Oct. 9, 2009) - Cronus Resources Ltd. ("Cronus") (TSX VENTURE:CZR - News) is pleased to announce that it has entered into an amended and restated letter of intent dated October 9, 2009 with Continental Gold Limited ("Continental"), an arm's length Bermuda based gold exploration company with a portfolio of properties in Colombia, pursuant to which Cronus (or a subsidiary thereof) will amalgamate with Continental to further develop the properties of Cronus and Continental. It is proposed that Shareholders of Continental will receive common shares in the capital of either the amalgamated entity or Cronus (depending on the final structure of the transaction) (the "Resulting Issuer") in exchange for their shares of Continental, such that the current shareholders of Cronus will own approximately 13% of the outstanding shares of the Resulting Issuer and shareholders of Continental will own the remaining 87%. This transaction is based on a deemed valuation of the Resulting Issuer of C$75 million at a price of C$1.50 per share post amalgamation and following a proposed two to one share consolidation. The holders of convertible securities of Cronus and Continental will receive equivalent securities in the Resulting Issuer adjusted, as required, to account for the changes to the share capital resulting from the transaction.
Continental is a privately held, Bermuda-based, gold exploration company formed in May 2007 that has seven 100% owned gold exploration projects on over 100,000 hectares of exploration concessions in some of the most prospective gold districts in Colombia, South America.
Continental's flagship project is Buritica in the Antioquia Department, a 2.5 hour drive from Medellin. Infrastructure is excellent with paved roads, water and power readily available. Exploration began on Buritica in late 2007 and since that time Continental has completed surface and underground mapping and sampling; geophysical studies (magnetics and IP) and 14,000 metres of diamond drilling resulting in several important high grade discoveries including the San Antonio Vein and the Veta Sur bulk tonnage vein swarm.
The Buritica district is underlain by an allochthonous sequence of flysche type sediments, which are cut by tonalitic intrusions and overlain by a mafic volcanic complex. The Tertiary age Buritica sequence of high level intermediate composition intrusions is affected by propylitic through potassic alteration. A late-stage diatreme breccia cuts the higher temperature phases and is characterized by sericitization and intermediate argillic alteration. Gold mineralization is present in several geological settings including replacements at intrusive contacts, disseminations in the breccia pipe bodies and in a series of bonanza grade veins. It is characterized by pyrite-sphalerite with lesser galena and is associated with late, sericitic alteration.
Other properties within the Continental portfolio include two active joint-ventures with AngloGold Ashanti Limited and a group of concessions named Santander, totaling over 5,000 hectares located in the immediate vicinity of Ventana Gold Corps La Bodega project and Greystar Resources Ltds Angostura project.
Continental's technical team collectively has over 40 years of Colombia-specific exploration and mine development experience.
Completion of the transaction is conditional upon, among other things, receipt of all required regulatory and shareholder approvals, the negotiation and execution of definitive documentation and the completion of a financing to raise gross proceeds of at least C$10 million. Terms of this financing have not yet been determined.
If requested by Continental, a convertible loan of between C$2 million and C$3 million will be made available to Continental by a third party lender within 30 days of the date Cronus and Continental enter into definitive documentation in respect of the transaction. The loan would bear interest at an annual rate of prime plus 2% calculated and payable monthly. Such loan would automatically convert on closing of the transaction between Continental and Cronus into units ("Units") of the Resulting Issuer at a deemed price to be determined in the context of the market by Cronus, Continental and the lender. Each Unit will consist of one common share of the Resulting Issuer and one common share purchase warrant (a "Warrant") of the Resulting Issuer. The terms of the Warrant will be determined in the context of the market by Cronus, Continental and the lender.
It is anticipated that Ari Sussman will remain the Chief Executive Officer of the Resulting Issuer and a member of the board of directors. The Resulting Isssuer will have a board of directors comprised of seven members. In addition to Mr. Sussman, one member will be a nominee of Cronus. Continental will choose two nominees, and the remaining three nominees will be jointly agreed upon.
Completion of the transaction is subject to a number of conditions, including Exchange acceptance and disinterested Shareholder approval. The transaction cannot close until the required Shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.
Investors are cautioned that, except as disclosed in the management information circular to be prepared in connection with the transaction, any information released or received with respect to the reverse take-over may not be accurate or complete and should not be relied upon. Trading in the securities of Cronus should be considered highly speculative.
The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.
Continental's Vice President of Exploration, Stuart Moller, P.Geo., is a "qualified person" under National Instrument 43-101 and has reviewed the technical information contained in this press release.
Cronus Resources Ltd. is a publicly traded exploration company guided by an experienced management team with proven track records of financial, business and technical success. With a focus on the acquisition, exploration and development of mineral projects in Latin America, the Company has consolidated a large land package surrounding the historical high-grade San Juan Mine in Baja, Mexico.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Elina ChowCronus Resources Ltd.Public Relations Manager(416) firstname.lastname@example.org
RalfBau : Übernahme hat geklappt....Cronus Res. heißt jetzt
Continental Gold to start TSX trading April 19
2010-04-19 08:00 ET - News Release
Mr. Ari Sussman reports
CONTINENTAL GOLD LIMITED TO BEGIN TRADING ON THE TORONTO STOCK EXCHANGE UNDER THE SYMBOL "CNL" ON APRIL 19, 2010
Continental Gold Ltd.'s common shares will commence trading on the Toronto Stock Exchange today, April 19, 2010, under the symbol CNL.
"I would personally like to thank the Continental team for working diligently on the amalgamation and subsequent listing on the TSX," said Ari Sussman, chief executive officer. Mr. Sussman added, "I look forward to working with our new team to develop Continental's promising projects and move the company to the next stage."
Continental is an advanced-stage exploration company with an extensive portfolio of gold projects located in established mineral belts in Colombia, South America. The company has seven 100-per-cent-owned gold projects covering 190,000 hectares and one project that is subject to a joint venture agreement with AngloGold Ashanti as operator. By year-end, Continental plans to complete a combined minimum of 26,000 metres on the drilling program at its flagship projects, Buritica and Berlin.
Buritica gold project
Buritica, Continental's 100-per-cent-owned flagship project, is an emerging high-grade gold deposit located in Antioquia department, 75 kilometres northwest of Medellin. The 18,000-hectare project is accessible by paved roads and boasts excellent infrastructure with power and water readily available.
Buritica is situated in a mineral-prolific region consisting of high-grade gold veins and disseminated mineralization in breccias and sediments. During the Spanish colonial period, the district was an important producer of gold, principally from colluvial deposits.
The Buritica district is underlain by a sequence of flysche-type sediments and basalts, which are cut by tonalitic intrusions and overlain by a mafic volcanic complex. The Tertiary-age Buritica sequence, a high-level intrusion of intermediate composition is affected by propylitic through potassic alteration. A late-stage diatreme breccia cuts the higher temperature phases and is characterized by sericitization and intermediate argillic alteration. Gold mineralization is present in several geological settings including replacements at intrusive contacts, disseminations in the breccia pipe bodies and in a series of bonanza-grade veins. It is characterized by pyrite-sphalerite with lesser galena and is associated with late, sericitic alteration.
The mineralization at Buritica consists of a porphyry-related carbonate base metal vein and breccia system that has yielded numerous important areas of mineralization and several additional targets to be tested. Since the first discovery hole in late 2007, Continental has completed over 17,000 metres of diamond drilling and over 1,200 metres of underground development at this project.
Berlin gold project
Berlin is a 100-per-cent-owned gold project located approximately 90 km north of Medellin. The Berlin concessions cover approximately 28,000 hectares and include the historical Berlin mine. The original Berlin mine operated from 1930 to 1946 and produced 413,000 ounces of gold from a 20-metre-thick lens with a production grade of 16 grams per tonne Au and recoveries of 94 per cent. (This work was not carried out or certified by a qualified person for purposes of NI 43-101 and accordingly, may not be relied upon.) To date, surface mapping and sampling indicate excellent potential for large-scale mesothermal veins contained within a large, orogenic gold system. Over 11 km of favourable vein trend in two subparallel belts have been outlined with a minimum of 4,000 metres of drilling planned in 2010.
About Continental Gold
Continental Gold is an advanced-stage exploration company with eight gold projects covering 190,000 hectares in Colombia. Spearheaded by a management team with over 40 years of mining experience in South America, the company plans to conduct an aggressive exploration program to its extensive portfolio with a focus on its flagship high-grade gold project, Buritica.
Continental's vice-president of exploration, Stuart Moller, PGeo, is a qualified person under National Instrument 43-101 and has reviewed the technical information contained in this press release.
We seek Safe Harbor.
RalfBau : zusätzliche Infos
2010-04-15 19:02 ET - New Listing
TSX bulletin 2010-0443
An application has been granted for the original listing in the mining category of 101,674,057 common shares of Continental Gold Ltd., of which 71,166,651 common shares are issued and outstanding and 30,507,406 common shares are reserved for issuance.
The common shares of the company will be listed and posted for trading at the opening on Monday, April 19, 2010.
The action resulted from the recently effected amalgamation of Cronus Resources Ltd., a company listed on TSX Venture Exchange (symbol: CZR), and Continental Gold, a private corporation incorporated under the Companies Act, 1981 (Bermuda), as amended, to form the amalgamated corporation, named Continental Gold.
As a result of the amalgamation, shareholders of Cronus received one common share of the company for each 2.35712 common shares of Cronus held. Shareholders of Continental Gold received one common share of the company for each 2.69730 Continental Gold common shares held.