16 Mar 2005director interest notice● Neutral
Graff Richard P became a Brigus Gold Corp. director and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Mar 2005director interest notice● Neutral
Brigus Gold Corp. VP - Legal, Gen. Counsel & Sec Donald W Vagstad received a stock option grant for 125,000 shares.
14 Mar 2005director interest notice● Neutral
Brigus Gold Corp. Vice President - Exploration Richard F Nanna received a stock option grant for 250,000 shares.
14 Mar 2005director interest notice● Neutral
Brigus Gold Corp. President and CEO Robert David Russell received a stock option grant for 250,000 shares.
14 Mar 2005director interest notice● Neutral
Brigus Gold Corp. director Charles E Stott received a stock option grant for 100,000 shares.
14 Mar 2005director interest notice● Neutral
Brigus Gold Corp. director William Stearns Vaughan received a stock option grant for 70,000 shares.
14 Mar 2005director interest notice● Neutral
Brigus Gold Corp. Vice President - US Operations Wade Bristol received a stock option grant for 125,000 shares.
14 Mar 2005director interest notice● Neutral
Brigus Gold Corp. CFO & Sr VP-Fin. & Corp. Dev. Melvyn Williams received a stock option grant for 125,000 shares.
14 Mar 2005director interest notice● Neutral
Brigus Gold Corp. director George Michael Hobart received a stock option grant for 70,000 shares.
14 Mar 2005director interest notice● Neutral
Brigus Gold Corp. VP - Business Development David K Young received a stock option grant for 125,000 shares.
14 Mar 2005director interest notice● Neutral
Brigus Gold Corp. VP - HR and Admin Donald O Miller received a stock option grant for 125,000 shares.
10 Feb 2005securities registration● Neutral
Brigus Gold Corp. registered a securities offering with the SEC using its shelf eligibility.
31 Jan 2005securities registration● Neutral
Brigus Gold Corp. registered a securities offering with the SEC using its shelf eligibility.
26 Jan 2005securities registration● Neutral
Brigus Gold Corp. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
13 Jan 2005capital raising announcement● Neutral
Apollo Gold closed the second and final tranche of its 12,500,000-unit offering at US$0.75 per unit, which grew to that size when Regent Mercantile Bancorp exercised its 1,875,000-unit option. Regent received compensation warrants for 1,250,000 units at US$0.75, expiring January 7, 2007. This completes the offering started in the previous filing. (The filing text gives the date as January 7, 2004, which appears to be a typo for 2005; that is an inference.)
6 Jan 2005material agreement● NeutralMajor
Apollo Gold closed the first tranche of a registered unit offering on December 31, 2004: 8,299,999 units at US$0.75 for US$6,225,000. Each unit has one share and a warrant for three-fourths of a share at US$1.00. The offering was planned at 10,625,000 units, and the agent exercised an option to raise it to up to 12,500,000. Regent Mercantile Bancorp gets a 6.5% commission plus compensation warrants. Existing shareholders are diluted as more shares are issued.
5 Jan 2005capital raising announcement● Neutral
On December 31, 2004 Apollo Gold sold 714,285 flow-through shares at Cdn$1.05 each, raising Cdn$750,000 from Canadian buyers. The money is to be spent on exploration at the Black Fox project near Timmins, Ontario. Regent Mercantile Bancorp received a 6.5% commission. This adds new shares and continues the series of Regent-arranged financings.
3 Jan 2005securities registration● Neutral
Brigus Gold Corp. filed a prospectus supplement for an offering off its existing shelf.
20 Dec 2004securities registration● Neutral
Brigus Gold Corp. filed a prospectus supplement for an offering off its existing shelf.
6 Dec 2004securities registration● Neutral
Brigus Gold Corp. registered a securities offering with the SEC using its shelf eligibility.
9 Nov 2004capital raising announcement● NeutralMajor
Apollo Gold raised US$8,756,250 of Special Notes and US$1,745,000 of Special Warrants (at US$0.75 each) on November 4, 2004. The notes convert into 12% secured convertible debentures due 2007, convertible into shares at US$0.75, with warrants at US$0.80. The Special Warrants convert into shares plus warrants. Regent Mercantile Bancorp received a 6.5% commission and options over 1,400,166 shares. Part of the proceeds, US$3,206,511, was used to repay the October 2004 25% debenture in full, resolving that short-term loan. The filing text is truncated after this point. Existing shareholders face potential dilution from the conversions and warrants.
25 Oct 2004capital raising announcement▼ BadMajor
Apollo Gold sold a US$3,000,000 secured debenture to Regent Securities Capital Corporation on October 19, 2004. It carries 25% annual interest and is due January 19, 2005. It is secured on the company's assets, excluding its Mexico subsidiary and the Black Fox property. Regent also received a warrant for 1,000,000 shares at US$0.80, and Regent Mercantile Bancorp received fees of US$30,000 and US$300,000. The 25% rate and short term show costly short-term borrowing (inference).
24 Sept 2004material agreement● Neutral
Apollo Gold's board approved indemnification agreements for its directors and officers and those of six subsidiaries, and the company signed employment agreements with Melvyn Williams (US$200,000 base salary) and Don Miller (US$150,000 base salary). Both executives get 24 months of salary, immediate option vesting and other benefits on a change of control or termination without cause. This formalises the roles of two executives who appeared as insiders earlier in 2004.
22 Sept 2004securities registration● Neutral
Brigus Gold Corp. registered a securities offering with the SEC using its shelf eligibility.
9 July 2004director interest notice● Neutral
Brigus Gold Corp. director George Michael Hobart exercised stock options for 75,071 shares and disposed of 150,142 shares.
7 June 2004substantial holder notice● Neutral
Goodman & and 1 other disclosed a new substantial Brigus Gold Corp. shareholding (1.34% of votes).
18 May 2004director interest notice● Neutral
Donald O Miller became a Brigus Gold Corp. Vice President - HR and Admin and company insider (initial ownership filing).
11 May 2004substantial holder notice● Neutral
Goodman & and 1 other disclosed a new substantial Brigus Gold Corp. shareholding (5.07% of votes).
23 Mar 2004director interest notice● Neutral
Robert David Russell became a Brigus Gold Corp. President and CEO and company insider (initial ownership filing).
23 Mar 2004director interest notice● Neutral
Brigus Gold Corp. Vice President Richard F Nanna received 82,500 shares as part of the equity award.