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Corvus Gold ULC

TSX:KORUS:KORUS:CORVF
No current share price held for this company.

Past year: ▲ 46%(2.24 – 4.09 CAD)

Market cap
—
Shares on issue
—
Story beats
20 since 2015
Last event
28 Jan 2022

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

22 Aug 2019capital raising announcement● Neutral

Corvus issued 500,000 shares at $2.60 per share to a key strategic shareholder on August 20, 2019 (about $1.3M at that price; currency and total are not stated). The shares dilute existing holders. The 'key strategic shareholder' is not named, and the filing does not say who it is.

What it means for a shareholder

500,000 new shares at $2.60 to raise about $1.3m. That's 0.445% dilution: every existing holder's slice gets 0.445% smaller. If you held $1,000 of shares (385 at the issue price), your slice goes from 0.000344% to 0.000342% of the company. To keep it you'd need 2 more shares - about $5 at the issue price.

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17 June 2019director interest notice● Neutral

Corvus Gold ULC director Ed Yarrow received a stock option grant for 75,000 shares.

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17 June 2019director interest notice● Neutral

Corvus Gold ULC director Steven K. Aaker received a stock option grant for 75,000 shares.

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17 June 2019director interest notice● Neutral

Corvus Gold ULC director Ronald W. Largent received a stock option grant for 75,000 shares.

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17 June 2019director interest notice● Neutral

Corvus Gold ULC Chief Financial Officer Peggy Wu received a stock option grant for 100,000 shares.

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17 June 2019director interest notice● Neutral

Corvus Gold ULC director Anton J Drescher received a stock option grant for 75,000 shares.

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17 June 2019director interest notice● Neutral

Corvus Gold ULC Chief Operating Officer (COO) Carl Brechtel received a stock option grant for 100,000 shares.

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17 June 2019director interest notice● Neutral

Corvus Gold ULC director Rowland Perkins received a stock option grant for 75,000 shares.

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17 June 2019director interest notice● Neutral

Corvus Gold ULC CEO & President Jeffrey A Pontius received a stock option grant for 150,000 shares.

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13 June 2019drilling result● Neutral

Corvus reported assay results from the final five holes of the Phase III resource expansion program at Mother Lode. The filing gives no figures, so the results are not described.

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3 June 2019capital raising announcement● Neutral

Corvus agreed with EMX Royalty Corporation to issue 500,000 shares at Cdn$1.80 (Cdn$900,000) and to sell four non-core Alaskan royalty interests to EMX for Cdn$350,000. The company says proceeds are expected to fund expanded exploration at Mother Lode and North Bullfrog. This continues the strategy of selling non-core assets, and the new shares dilute holders.

What it means for a shareholder

500,000 new shares at C$1.80 to raise about C$900,000. That's 0.449% dilution: every existing holder's slice gets 0.449% smaller. If you held C$1,000 of shares (556 at the issue price), your slice goes from 0.000501% to 0.000499% of the company. To keep it you'd need 3 more shares - about C$5 at the issue price.

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21 May 2019director interest notice● Neutral

Carl Brechtel became a Corvus Gold ULC Chief Operating Officer (COO) and company insider (initial ownership filing).

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30 Apr 2019director interest notice● Neutral

Corvus Gold ULC Chief Operating Officer (COO) Carl Brechtel exercised stock options for 100,000 shares and disposed of 200,000 shares.

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30 Apr 2019director interest notice● Neutral

Corvus Gold ULC director Anton J Drescher exercised stock options for 120,000 shares and disposed of 240,000 shares.

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30 Apr 2019director interest notice● Neutral

Corvus Gold ULC Chief Financial Officer Peggy Wu exercised stock options for 75,000 shares and disposed of 140,000 shares.

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30 Apr 2019director interest notice● Neutral

Corvus Gold ULC director Rowland Perkins exercised stock options for 120,000 shares and disposed of 240,000 shares.

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12 Apr 2019director interest notice● Neutral

Corvus Gold ULC director Ronald W. Largent received a stock option grant for 400,000 shares.

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12 Apr 2019director interest notice● Neutral

Ronald W. Largent became a Corvus Gold ULC director and company insider (initial ownership filing).

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2 Apr 2019quarterly activities report▼ Bad

Corvus Gold ULC reported a quarterly net loss of $2.9 million for the period ended 2019-02-28.

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21 Feb 2019securities registration● Neutral

Corvus Gold ULC filed the final prospectus for a registered offering.

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15 Feb 2019securities registration● Neutral

Corvus Gold ULC amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.

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13 Feb 2019substantial holder notice● Neutral

Van Eck Associates Corporation reported a Corvus Gold ULC shareholding of 9.66% of votes in a periodic institutional filing.

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4 Feb 2019securities registration● Neutral

Corvus Gold ULC registered a securities offering with the SEC using its shelf eligibility.

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31 Jan 2019substantial holder notice● Neutral

TOCQUEVILLE ASSET MANAGEMENT L.P disclosed a new substantial Corvus Gold ULC shareholding (18.19% of votes).

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10 Jan 2019quarterly activities report▼ Bad

Corvus Gold ULC reported a quarterly net loss of $2.7 million for the period ended 2018-11-30.

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10 Dec 2018substantial holder notice● Neutral

Van Eck Associates Corporation disclosed a new substantial Corvus Gold ULC shareholding (10.12% of votes).

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21 Nov 2018director interest notice● Neutral

Corvus Gold ULC director Rowland Perkins received a stock option grant for 250,000 shares.

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21 Nov 2018director interest notice● Neutral

Corvus Gold ULC CHIEF OPERATING OFFICER (COO) Carl Brechtel received a stock option grant for 300,000 shares.

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21 Nov 2018director interest notice● Neutral

Corvus Gold ULC director Anton J Drescher received a stock option grant for 250,000 shares.

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21 Nov 2018director interest notice● Neutral

Corvus Gold ULC director Ed Yarrow received a stock option grant for 250,000 shares.

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