Each one in plain English, with the numbers worked through for a shareholder.
8 Oct 2020resource reserve update● NeutralMajor
Corvus announced results of a Preliminary Economic Assessment (PEA) for its Mother Lode project in Nevada. The filing gives no figures; they are only in the attached press release. Together with the North Bullfrog PEA filed the same day, it suggests the two projects are now assessed separately, but that is an inference.
Corvus announced results of a new Preliminary Economic Assessment (PEA) for its North Bullfrog project in Nevada. The filing gives no figures; they are only in the attached press release. This is a new study for North Bullfrog on its own, after the November 2018 PEA that combined it with Mother Lode.
Corvus Gold ULC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
Corvus reported what it calls positive assay results from the upper part of its first diamond core hole at the North Deep target at Mother Lode, a hole designed to test the link between an intrusion and the Mother Lode gold system at depth. The filing gives no numbers; they are only in the attached press release.
Corvus reported assay results from two reverse circulation drill holes in its ongoing Phase 4 Mother Lode resource expansion program in Nevada. The filing gives no grades or intervals; those are only in the attached press release.
Corvus reported assay results from two more holes in the Phase 4 Mother Lode resource expansion drill program in Nevada. The filing gives no results; the numbers are only in the attached press release.
Corvus reported initial assay results from its Phase 4 resource expansion drilling at the Mother Lode project in Nevada, continuing the expansion drilling already under way there. The filing gives no grades or lengths; those are only in the attached press release.
Corvus announced assay results from follow-up drill holes at the Cat Hill target, which it says defines a new vein/stockwork gold system on the North Bullfrog property in Nevada. The filing gives no grades or intervals; those are only in the attached press release.
Corvus filed a notice that a press release dated October 10, 2019 reported the closing of its private placement of common shares. The filing itself gives no share count, price or buyer; those details are only in the attached press release, which is not included here. It is unclear whether this refers to the BMO offering from October 3 (that was described as a registered offering, not a private placement), so the link is not established.
Corvus signed an underwriting agreement with BMO Nesbitt Burns to sell 10,000,000 common shares at $2.00 each (about $20M gross at that price; the filing does not state total proceeds), plus a 30-day option for up to 1,500,000 more shares. The underwriter's fee is $0.12 per share (6%). This follows the October 2019 prospectus filings and dilutes existing holders; the company also agreed not to issue more shares for 90 days after closing, with some exceptions. Closing is not confirmed in this filing, and use of proceeds is not stated.
Corvus Gold ULC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
Corvus issued a project update on mining optimization work for the district-wide production plan from its November 2018 PEA for North Bullfrog and Mother Lode. The filing gives no results or changed figures.