27 June 2019agm notice● Neutral
General Moly, Inc 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).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
13 June 2019agm notice● Neutral
General Moly, Inc announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
23 May 2019capital raising announcement▼ BadMajor
Landowner Mount Hope Mines bought $500,000 of the same insider-style preferred stock, and executives funded a third $300,000 tranche — the company was now being kept afloat mainly by insiders and its own royalty landlord.
14 May 2019quarterly activities report▼ Bad
General Moly, Inc reported a quarterly net loss of $1.4 million for the period ended 2019-03-31.
28 Mar 2019capital raising announcement▼ Bad
CEO Bruce Hansen and COO Robert Pennington put in the first $300,000 of the insider preferred-stock financing announced two weeks earlier.
15 Mar 2019capital raising announcement▼ BadMajor
General Moly hired financial advisors to explore "strategic alternatives" — including a possible sale of the company or its assets, or restructuring its 2014 convertible notes due that December — while arranging a small $900,000 insider-funded preferred-stock bridge led by CEO Bruce Hansen.
22 Jan 2019auditor change▼ BadMajor
General Moly dismissed PricewaterhouseCoopers as part of a cost-cutting and cash-conservation drive; PwC's last audit report had already flagged liquidity pressure.
18 Dec 2018listing compliance notice▼ BadMajor
NYSE American warned General Moly it must reverse-split its stock or show sustained price improvement by June 2019 to keep its listing — the low share price becoming a listing problem on top of the stalled financing.
8 Nov 2018quarterly activities report▼ Bad
General Moly, Inc reported a quarterly net loss of $3.0 million for the period ended 2018-09-30.
24 Oct 2018substantial holder notice● Neutral
Bruce D. Hansen disclosed a new substantial General Moly, Inc shareholding (6.70% of votes).
19 Oct 2018securities registration● Neutral
General Moly, Inc filed a prospectus supplement for an offering off its existing shelf.
19 Oct 2018material agreement▼ BadMajor
General Moly raised just $2.3 million in a small underwritten public offering at $0.25 a unit — a token amount reflecting how depressed its stock and financing prospects had become.
17 Oct 2018securities registration● Neutral
General Moly, Inc filed a prospectus supplement for an offering off its existing shelf.
14 Aug 2018quarterly activities report▼ Bad
General Moly, Inc reported a quarterly net loss of $2.9 million for the period ended 2018-06-30.
25 June 2018agm notice● Neutral
General Moly, Inc 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).
8 May 2018quarterly activities report▼ Bad
General Moly, Inc reported a quarterly net loss of $2.6 million for the period ended 2018-03-31.
28 Feb 2018material agreement● Neutral
Eureka Moly and landowner Mount Hope Mines added a small royalty on any non-molybdenum minerals (like zinc) the project might eventually produce.
17 Jan 2018director interest notice● Neutral
General Moly, Inc Chief Operating Officer Robert Ira Pennington acquired 700,000 shares and disposed of 412,152 in a set of related equity transactions.
17 Jan 2018director interest notice● Neutral
General Moly, Inc Chief Legal Officer R Scott Roswell acquired 560,000 shares and disposed of 329,472 in a set of related equity transactions.
17 Jan 2018director interest notice● Neutral
General Moly, Inc Chief Executive Officer & CFO Bruce D Hansen acquired 860,000 shares and disposed of 487,239 in a set of related equity transactions.
17 Jan 2018director interest notice● Neutral
General Moly, Inc Controller/Principal Acctg Off Amanda Corrion acquired 140,000 shares and disposed of 27,456 in a set of related equity transactions.
3 Jan 2018director interest notice● Neutral
General Moly, Inc director Gregory P Raih received 25,000 shares as part of the equity award.
3 Jan 2018director interest notice● Neutral
General Moly, Inc director Gary A Loving received 25,000 shares as part of the equity award.
3 Jan 2018director interest notice● Neutral
General Moly, Inc director Ricardo M Campoy received 25,000 shares as part of the equity award.
3 Jan 2018director interest notice● Neutral
General Moly, Inc director Mark A Lettes received 25,000 shares as part of the equity award.
3 Jan 2018director interest notice● Neutral
General Moly, Inc director Tong Zhang received 25,000 shares as part of the equity award.
3 Jan 2018director interest notice● Neutral
General Moly, Inc director Tong Zhang received 25,000 shares as part of the equity award.
13 Nov 2017director interest notice● Neutral
General Moly, Inc Chief Executive Officer & CFO Bruce D Hansen bought 10,000 shares on the open market at $0.29.
6 Nov 2017quarterly activities report▼ Bad
General Moly, Inc reported a quarterly net loss of $2.2 million for the period ended 2017-09-30.
3 Nov 2017agm notice● Neutral
General Moly, Inc 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).