6 Apr 2022listing compliance notice▼ BadMajor
DAKOTA TERRITORY RESOURCE CORP deregistered its securities, ending its obligation to file reports with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 Apr 2022director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP Vice-President of Exploration James Mccoy Berry disposed of 425,000 shares via option/appreciation-right settlement.
4 Apr 2022director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP President & CEO Jonathan T. Awde disposed of 771,286 shares via option/appreciation-right settlement.
4 Apr 2022director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP director Stephen T. O'rourke disposed of 1,125,000 shares via option/appreciation-right settlement.
4 Apr 2022director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP Chief Financial Officer Shawn Campbell disposed of 425,000 shares via option/appreciation-right settlement.
4 Apr 2022director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP director Amy Koenig disposed of 100,000 shares via option/appreciation-right settlement.
4 Apr 2022director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP director Robert Quartermain disposed of 700,000 shares via option/appreciation-right settlement.
4 Apr 2022director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP director Alex G Morrison disposed of 397,813 shares via option/appreciation-right settlement.
4 Apr 2022director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP Chief Operating Officer Gerald Michael Aberle disposed of 4,445,563 shares via option/appreciation-right settlement.
4 Apr 2022director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP director Jennifer S Grafton disposed of 100,000 shares via option/appreciation-right settlement.
7 Mar 2022director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP President & CEO Jonathan T. Awde bought 2,000 shares on the open market.
3 Mar 2022director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP President & CEO Jonathan T. Awde bought 3,000 shares on the open market at $4.93.
10 Feb 2022quarterly activities report▼ Bad
DAKOTA TERRITORY RESOURCE CORP reported a quarterly net loss of $5.4 million for the period ended 2021-12-31.
2 Feb 2022director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP President & CEO Jonathan T. Awde bought 2,000 shares on the open market at $4.28.
28 Jan 2022director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP President & CEO Jonathan T. Awde bought 8,000 shares on the open market at $4.32.
13 Jan 2022director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP President & CEO Jonathan T. Awde bought 3,500 shares on the open market at $4.46.
22 Dec 2021director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP President & CEO Jonathan T. Awde bought 3,800 shares on the open market at $4.49.
7 Dec 2021business combination▲ GoodMajor
On December 1, 2021 the company gave a corporate update: it and JR Resources confidentially submitted the merger's S-4 registration statement to the SEC on October 25, 2021, and applied to list the merged Dakota Gold Corp. on the NYSE American. It also plans a drill program of about 103,000 feet (31,000 meters) in the first quarter of 2022 on its Maitland, Richmond Hill and City Creek properties. This moves the JR merger forward but it is not yet complete. The filing dates the merger agreement as September 10, 2022, which looks like a typo for 2021 (inference).
19 Nov 2021director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP President & CEO Jonathan T. Awde bought 4,986 shares on the open market.
12 Nov 2021quarterly activities report▼ Bad
DAKOTA TERRITORY RESOURCE CORP reported a quarterly net loss of $5.0 million for the period ended 2021-09-30.
8 Nov 2021director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP President & CEO Jonathan T. Awde bought 10,000 shares on the open market.
4 Nov 2021director interest notice● Neutral
James Mccoy Berry became a DAKOTA TERRITORY RESOURCE CORP Vice-President of Exploration and company insider (initial ownership filing).
4 Nov 2021director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP Vice-President of Exploration James Mccoy Berry received a stock option grant for 425,000 shares.
19 Oct 2021capital raising announcement● NeutralMajor
On October 14, 2021 the company signed a three-year option with Barrick subsidiaries HMCC and LAC Minerals (USA) to acquire the 2,126-acre Richmond Hill Property in the Homestake District. It paid US$100,000 cash and issued 400,000 shares to Barrick, with US$100,000 annual option payments. It can exercise by September 7, 2024 by assuming the liabilities and bonds, issuing 400,000 more shares and granting a 1.0% royalty on any gold recovered. The filing says its total package would be 34,657 mineral acres (38,918 acres total), and Barrick could own up to 5.55 million shares (7.48%) on exercise. This extends the September 2021 Barrick option deal and adds to share dilution.
15 Sept 2021business combination● NeutralMajor
On September 10, 2021 the company signed an amended and restated merger agreement with JR Resources, replacing the May 13, 2021 agreement. The deal now uses two merger subsidiaries of JR Resources. JR Resources will be renamed Dakota Gold Corp. and reverse split to 35,641,667 shares, and holders other than JR get one new share per Dakota Territory share. Options and restricted stock units will be assumed. It still needs Dakota Territory shareholder approval and an SEC-reviewed S-4. This continues the JR merger, now with the structure reworked so JR Resources is the surviving parent rather than a new holding company (inference from the structure described). Directors Awde and Quartermain abstained from the board vote because of their JR Resources interests.
15 Sept 2021director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP director Amy Koenig received a stock option grant for 100,000 shares.
15 Sept 2021director interest notice● Neutral
Amy Koenig became a DAKOTA TERRITORY RESOURCE CORP director and company insider (initial ownership filing).
15 Sept 2021director interest notice● Neutral
Jennifer S Grafton became a DAKOTA TERRITORY RESOURCE CORP director and company insider (initial ownership filing).
15 Sept 2021director interest notice● Neutral
DAKOTA TERRITORY RESOURCE CORP director Jennifer S Grafton received a stock option grant for 100,000 shares.
9 Sept 2021capital raising announcement▲ GoodMajor
On September 7, 2021 the company signed an option agreement with Homestake Mining Company of California (a Barrick Gold subsidiary) to acquire 4,261 acres of surface rights plus facilities and data in the Homestake District, South Dakota. It paid $1.3 million cash and issued 1 million shares to Barrick, with $300,000 annual option payments, and can exercise by September 7, 2024 by assuming HMCC's liabilities and bonds. On exercise it would issue Barrick 3 million more shares and grant a 2.5% royalty on any gold recovered from the Grizzly Gulch property. The company says its total package would be 35,292 acres. The filing's cover page lists South Dakota as the state of incorporation, whereas earlier filings said Nevada; the filing does not explain this.