16 Dec 2008merger communication▼ Bad
Rusoro reaffirmed its commitment to the bid a day after launch, citing the premium over Gold Reserve's recent trading price.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 Dec 2008merger communication▼ BadMajor
Gold Reserve sued Rusoro and Endeavour Financial in Ontario Superior Court, seeking an injunction to stop the bid and damages, over Endeavour's conflicted dual role as advisor to both companies.
16 Dec 2008business combination● Neutral
Procedural amendment to Rusoro's tender offer statement; no change to the bid's terms.
15 Dec 2008merger communication▼ BadMajor
Rusoro Mining Ltd. launched an unsolicited exchange offer to buy Gold Reserve for 3 Rusoro shares per Gold Reserve share (about $67 million total). Gold Reserve hired bankers and lawyers and flagged that Rusoro's financial advisor, Endeavour Financial, also advises Gold Reserve -- a conflict Gold Reserve says makes the offer improper.
15 Dec 2008merger communication▼ Bad
Rusoro's shareholder solicitation materials pitching the takeover as combining two Venezuelan gold operations; reiterates the bid already announced.
15 Dec 2008merger communication▼ BadMajor
Rusoro's own announcement of the hostile bid: a 3-for-1 share exchange it says represents a 140% premium to Gold Reserve's last trading price before the offer.
15 Dec 2008business combination▼ BadMajor
Rusoro's full, legally operative Offer to Purchase and Circular formally commencing the tender offer under SEC and Canadian rules -- the document that starts the clock on the bid.
15 Dec 2008merger communication▼ Bad
Rusoro's formal Notice of Offer to Purchase, the cover document giving legal notice of the December 15 bid terms already announced.
15 Dec 2008merger communication▼ Bad
Duplicate SEC filing of Rusoro's December 15 bid-launch press release; no new terms beyond the initial announcement.
15 Dec 2008merger communication▼ Bad
Gold Reserve's Canadian material change report disclosing the same news as its December 15 press release: an unsolicited offer received from Rusoro.
15 Dec 2008merger communication● Neutral
Call-center script for brokers fielding shareholder questions about Rusoro's new bid; procedural collateral, no new terms.
2 Dec 2008substantial holder notice● Neutral
STEELHEAD PARTNERS, LLC, JAMES MICHAEL JOHNSTON, BRIAN KATZ KLEIN, STEELHEAD NAVIGATOR MASTER, L.P reported a GOLD RESERVE LTD shareholding of 7,251,673 shares (13.10% of votes) in a periodic institutional filing.
2 Dec 2008substantial holder notice● Neutral
STEELHEAD PARTNERS, LLC, JAMES MICHAEL JOHNSTON, BRIAN KATZ KLEIN, STEELHEAD NAVIGATOR MASTER, L.P reported a GOLD RESERVE LTD shareholding of 7,251,673 shares (13.10% of votes) in a periodic institutional filing.
2 Dec 2008substantial holder notice● Neutral
STEELHEAD PARTNERS, LLC, JAMES MICHAEL JOHNSTON, BRIAN KATZ KLEIN, STEELHEAD NAVIGATOR MASTER, L.P reported a GOLD RESERVE LTD shareholding of 7,251,673 shares (13.10% of votes) in a periodic institutional filing.
2 Dec 2008substantial holder notice● Neutral
STEELHEAD PARTNERS, LLC, JAMES MICHAEL JOHNSTON, BRIAN KATZ KLEIN, STEELHEAD NAVIGATOR MASTER, L.P reported a GOLD RESERVE LTD shareholding of 7,251,673 shares (13.10% of votes) in a periodic institutional filing.
21 May 2008substantial holder notice● Neutral
STEELHEAD PARTNERS, LLC, JAMES MICHAEL JOHNSTON, BRIAN KATZ KLEIN, STEELHEAD NAVIGATOR FUND, L.P, STEELHEAD OFFSHORE, LTD reported a GOLD RESERVE LTD shareholding of 6,150,261 shares (11.10% of votes) in a periodic institutional filing.
21 May 2008substantial holder notice● Neutral
STEELHEAD PARTNERS, LLC, JAMES MICHAEL JOHNSTON, BRIAN KATZ KLEIN, STEELHEAD NAVIGATOR FUND, L.P, STEELHEAD OFFSHORE, LTD reported a GOLD RESERVE LTD shareholding of 6,150,261 shares (11.10% of votes) in a periodic institutional filing.
21 May 2008substantial holder notice● Neutral
STEELHEAD PARTNERS, LLC, JAMES MICHAEL JOHNSTON, BRIAN KATZ KLEIN, STEELHEAD NAVIGATOR FUND, L.P, STEELHEAD OFFSHORE, LTD reported a GOLD RESERVE LTD shareholding of 6,150,261 shares (11.10% of votes) in a periodic institutional filing.
21 May 2008substantial holder notice● Neutral
STEELHEAD PARTNERS, LLC, JAMES MICHAEL JOHNSTON, BRIAN KATZ KLEIN, STEELHEAD NAVIGATOR FUND, L.P, STEELHEAD OFFSHORE, LTD reported a GOLD RESERVE LTD shareholding of 6,150,261 shares (11.10% of votes) in a periodic institutional filing.
21 May 2008substantial holder notice● Neutral
STEELHEAD PARTNERS, LLC, JAMES MICHAEL JOHNSTON, BRIAN KATZ KLEIN, STEELHEAD NAVIGATOR FUND, L.P, STEELHEAD OFFSHORE, LTD reported a GOLD RESERVE LTD shareholding of 6,150,261 shares (11.10% of votes) in a periodic institutional filing.
5 May 2008director interest notice● Neutral
Steelhead Partners LLC became a GOLD RESERVE LTD company insider (initial ownership filing).
19 Feb 2008substantial holder notice● Neutral
Tradewinds Global Investors, LLC disclosed a new substantial GOLD RESERVE LTD shareholding (17.45% of votes).
8 Feb 2008substantial holder notice● Neutral
JAMES MICHAEL JOHNSTON, BRIAN KATZ KLEIN reported a GOLD RESERVE LTD shareholding of 4,568,217 shares (8.30% of votes) in a periodic institutional filing.
8 Feb 2008substantial holder notice● Neutral
JAMES MICHAEL JOHNSTON, BRIAN KATZ KLEIN reported a GOLD RESERVE LTD shareholding of 4,568,217 shares (8.30% of votes) in a periodic institutional filing.
8 Feb 2008substantial holder notice● Neutral
JAMES MICHAEL JOHNSTON, BRIAN KATZ KLEIN reported a GOLD RESERVE LTD shareholding of 4,568,217 shares (8.30% of votes) in a periodic institutional filing.
24 May 2007substantial holder notice● Neutral
Strongbow Capital, Ltd. None, Strongbow Capital Management, Ltd. None, Kappa Alpha Ltd. None, Sky Hill Limited None, Raymond A. D. French None reported a GOLD RESERVE LTD shareholding of 2,017,700 shares (3.80% of votes) in a periodic institutional filing.
15 May 2007securities registration● Neutral
GOLD RESERVE LTD filed a prospectus supplement.
15 May 2007securities registration● Neutral
GOLD RESERVE LTD filed a prospectus supplement.
15 May 2007securities registration● Neutral
GOLD RESERVE LTD filed a free-writing prospectus - marketing material for an offering in progress.
10 Apr 2007substantial holder notice● Neutral
Strongbow Capital, Ltd. None, Strongbow Capital Management, Ltd. None, Kappa Alpha Ltd. None, Sky Hill Limited None, Raymond A. D. French None reported a GOLD RESERVE LTD shareholding of 2,017,700 shares (5.00% of votes) in a periodic institutional filing.