21 Nov 2018director interest notice● Neutral
Corvus Gold ULC director Steven K. Aaker received a stock option grant for 250,000 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
21 Nov 2018director interest notice● Neutral
Corvus Gold ULC CHAIRMAN OF THE BOARD Catherine Gignac received a stock option grant for 250,000 shares.
21 Nov 2018director interest notice● Neutral
Corvus Gold ULC CHIEF FINANCIAL OFFICER (CFO) Peggy Wu received a stock option grant for 300,000 shares.
21 Nov 2018director interest notice● Neutral
Corvus Gold ULC CEO & PRESIDENT Jeffrey A Pontius received a stock option grant for 1,200,000 shares.
19 Nov 2018director interest notice● Neutral
Corvus Gold ULC CHIEF FINANCIAL OFFICER (CFO) Peggy Wu exercised stock options for 200,000 shares and disposed of 325,000 shares.
19 Nov 2018director interest notice● Neutral
Corvus Gold ULC CHIEF OPERATING OFFICER (COO) Carl Brechtel exercised stock options for 600,000 shares and disposed of 1,100,000 shares.
19 Nov 2018director interest notice● Neutral
Corvus Gold ULC director Rowland Perkins exercised stock options for 300,000 shares and disposed of 500,000 shares.
19 Nov 2018director interest notice● Neutral
Corvus Gold ULC director Anton J Drescher exercised stock options for 300,000 shares and disposed of 400,000 shares.
19 Nov 2018director interest notice● Neutral
Corvus Gold ULC director Steven K. Aaker exercised stock options for 200,000 shares and disposed of 325,000 shares.
19 Nov 2018director interest notice● Neutral
Corvus Gold ULC director Ed Yarrow exercised stock options for 200,000 shares and disposed of 325,000 shares.
19 Nov 2018director interest notice● Neutral
Corvus Gold ULC CEO & PRESIDENT Jeffrey A Pontius exercised stock options for 966,900 shares and disposed of 1,783,800 shares.
19 Nov 2018director interest notice● Neutral
Corvus Gold ULC director Catherine Gignac exercised stock options for 150,000 shares and disposed of 200,000 shares.
6 Nov 2018resource reserve update● NeutralMajor
Corvus filed a new Preliminary Economic Assessment (issued November 1, 2018, effective September 18, 2018) that combines the North Bullfrog and Mother Lode projects into one plan. It builds on the earlier North Bullfrog-only PEA (2015, amended 2016). The filing text gives no economic figures, and the SEC notice warns that resources are uncertain and are not reserves.
11 Oct 2018quarterly activities report▼ Bad
Corvus Gold ULC reported a quarterly net loss of $2.4 million for the period ended 2018-08-31.
31 Aug 2018agm notice● Neutral
Corvus Gold ULC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
31 Aug 2018agm notice● Neutral
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).
12 July 2018capital raising announcement▲ Good
Corvus issued 1,730,770 shares at $2.60 per share to a key strategic shareholder on June 7, 2018 (about $4.5M at that price; the filing does not state the currency or total). This is a much higher price than earlier raises, and the shares dilute existing holders.
What it means for a shareholder
1.7m new shares at $2.60 to raise about $4.5m. That's 1.6% dilution: every existing holder's slice gets 1.6% smaller. If you held $1,000 of shares (385 at the issue price), your slice goes from 0.000369% to 0.000363% of the company. To keep it you'd need 6 more shares - about $16 at the issue price.
Create a free account to see this worked out for your own holding.
10 Apr 2018quarterly activities report▼ Bad
Corvus Gold ULC reported a quarterly net loss of $2.9 million for the period ended 2018-02-28.
1 Feb 2018drilling result● Neutral
Corvus reported assay results from the final eight holes of its 2017 Phase I drill program at Mother Lode, completing the reporting of that program. The filing gives no figures.
30 Jan 2018substantial holder notice● Neutral
TOCQUEVILLE ASSET MANAGEMENT L.P disclosed a new substantial Corvus Gold ULC shareholding (18.21% of votes).
11 Jan 2018quarterly activities report▼ Bad
Corvus Gold ULC reported a quarterly net loss of $2.6 million for the period ended 2017-11-30.
11 Jan 2018drilling result● Neutral
Corvus reported more assay results, from ten new drill holes at Mother Lode in southern Nevada. The filing gives no numbers, so the results themselves are not described.
13 Dec 2017capital raising announcement▲ Good
Corvus closed a placement of 4,403,933 shares on December 7, 2017: 2,829,130 at Cdn$1.15 to institutional shareholders and 1,574,803 at Cdn$1.27 to a key strategic shareholder. It also furnished results from eight new Mother Lode drill holes (no figures in the filing). The new shares dilute existing holders, at prices well above the 2016-2017 raises.
What it means for a shareholder
4.4m new shares at C$1.15 to raise about C$5.1m. That's 4.2% dilution: every existing holder's slice gets 4.2% smaller. If you held C$1,000 of shares (870 at the issue price), your slice goes from 0.000871% to 0.000835% of the company. To keep it you'd need 38 more shares - about C$44 at the issue price.
Create a free account to see this worked out for your own holding.
15 Nov 2017drilling result● Neutral
Corvus reported further assay results from three new drill holes at its Mother Lode project in southern Nevada, the property acquired in June 2017. The filing gives no grades or intercepts, so the quality of the results is not stated.
8 Nov 2017resource reserve update● Neutral
Corvus announced updated mineral resource estimates for North Bullfrog that include all drill results through 2017. The filing itself only refers to the press release and gives no figures, so the size of any change cannot be stated.
12 Oct 2017quarterly activities report▼ Bad
Corvus Gold ULC reported a quarterly net loss of $1.6 million for the period ended 2017-08-31.
6 Oct 2017capital raising announcement● NeutralMajor
This is a corrected re-filing (the July 2017 report was first filed by mistake as a foreign-issuer form). It reports a July 5, 2017 placement of 6,200,000 shares at Cdn$0.75 (Cdn$4,650,000) to an institutional investor, and adds that 1,000,000 shares (fair value $810,000) were issued on June 9, 2017 to Goldcorp USA, Inc. to acquire the Mother Lode property in Nevada. Mother Lode is a new asset; both share issues dilute existing holders.
1 Sept 2017agm notice● Neutral
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).
3 Aug 2017director interest notice● Neutral
Corvus Gold ULC CEO & PRESIDENT Jeffrey A Pontius received a stock option grant for 475,000 shares.
3 Aug 2017director interest notice● Neutral
Corvus Gold ULC director Rowland Perkins received a stock option grant for 100,000 shares.