23 Mar 2022director interest notice● Neutral
GOLD RESOURCE CORP director Joseph Martin Driscoll received a stock option grant for 47,635 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 Mar 2022auditor change▼ BadMajor
On March 14, 2022 auditor Plante & Moran told the company it would not stand for re-appointment for 2022. The filing says its 2020 and 2021 reports had no adverse or qualified opinions and there were no disagreements, but its opinion found the company's internal controls over financial reporting were not effective at Dec 31, 2021, because of a material weakness in accounting for the Aquila acquisition. The company has started a search for a new auditor.
25 Feb 2022asset acquisition disposition▼ Bad
The company said it will miss the deadline to file Aquila's audited financial statements and the pro forma financial information for the acquisition. The filing states Aquila's earlier audits followed Canadian standards and must be redone under U.S. standards, and that this audit is not finished. The required information will be filed in a later amendment; the filing gives no new date.
11 Feb 2022substantial holder notice● Neutral
Van Eck Associates Corporation disclosed a new substantial GOLD RESOURCE CORP shareholding (5.51% of votes).
15 Dec 2021business combination● NeutralMajor
The Aquila acquisition closed on Dec 10, 2021, with the company issuing 13,714,630 of its shares to Aquila shareholders at 0.0399 per Aquila share (about C$30.9 million). Aquila holders approved on Nov 17 and the Ontario court approved on Nov 19, 2021. This completes the deal announced in September and finalised in October, and increases the company's share count; Aquila's financial statements and pro forma information are still to be filed.
27 Oct 2021quarterly activities report● Neutral
GOLD RESOURCE CORP reported quarterly revenue of $29.0 million and net income of $1.5 million for the period ended 2021-09-30.
12 Oct 2021business combination● NeutralMajor
On Oct 5, 2021 the company signed the definitive Arrangement Agreement to acquire Aquila Resources on the terms set out in the September letter (0.0399 company share per Aquila share, about C$30.9 million). Both boards approved it; Aquila shareholders vote Nov 17, 2021, and Orion Mine Finance (28.3%), Hudbay Minerals (10.4%) and Aquila directors and officers (about 1.9%) have agreed to vote in favour. Either party can terminate if it is not completed by Jan 14, 2022, and Aquila owes a C$1,000,000 fee in certain circumstances. This turns the earlier letter agreement into a binding deal.
8 Sept 2021material agreement● NeutralMajor
On Sept 7, 2021 the company signed a binding letter agreement to buy all of Aquila Resources Inc. for 0.0399 of a company share per Aquila share (about C$0.09 per share, roughly C$30.9 million in total). Aquila holders would own about 85.1%/14.9% split with existing company holders (14.9% to Aquila holders) on a fully diluted basis. A definitive agreement is still required, exclusivity runs up to 45 days, and company shareholder approval is not needed; closing is expected in Q4 2021. Aquila's Back Forty Project in Michigan would be added alongside the Don David Gold Mine in Oaxaca.
17 Aug 2021director interest notice● Neutral
GOLD RESOURCE CORP CHIEF FINANCIAL OFFICER Kimberly C Perry acquired 41,666 shares and disposed of 41,666 in a set of related equity transactions.
27 July 2021quarterly activities report● Neutral
GOLD RESOURCE CORP reported quarterly revenue of $30.8 million and net income of $1.3 million for the period ended 2021-06-30.
27 July 2021quarterly activities report● Neutral
GOLD RESOURCE CORP reported quarterly revenue of $30.8 million and net income of $1.3 million for the period ended 2021-06-30.
12 July 2021substantial holder notice● Neutral
BlackRock, Inc reported a GOLD RESOURCE CORP shareholding of 1,305,202 shares (1.80% of votes) in a periodic institutional filing.
8 June 2021agm notice● Neutral
GOLD RESOURCE CORP 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).
26 May 2021director interest notice● Neutral
Alberto Reyes became a GOLD RESOURCE CORP Chief Operating Officer and company insider (initial ownership filing).
29 Apr 2021quarterly activities report● Neutral
GOLD RESOURCE CORP reported quarterly revenue of $27.3 million and net income of $2.5 million for the period ended 2021-03-31.
29 Apr 2021quarterly activities report● Neutral
GOLD RESOURCE CORP reported quarterly revenue of $27.3 million and net income of $2.5 million for the period ended 2021-03-31.
20 Apr 2021agm notice● Neutral
GOLD RESOURCE CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
20 Apr 2021agm notice● Neutral
GOLD RESOURCE CORP 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).
16 Apr 2021material agreement termination● Neutral
The company gave notice on April 14, 2021 that it is ending the Management Services Agreement with Fortitude Gold, effective May 21, 2021. The filing says this is because Fortitude has developed its own corporate, administrative and technical capabilities. This winds down the transition support set up at the Dec 2020 spin-off.
7 Apr 2021director interest notice● Neutral
GOLD RESOURCE CORP director Lila A Murphy received a stock option grant for 1,960 shares.
7 Apr 2021agm notice● Neutral
GOLD RESOURCE CORP 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).
29 Mar 2021director interest notice● Neutral
GOLD RESOURCE CORP director Ronald Little bought 20,000 shares on the open market at $2.60.
23 Mar 2021director interest notice● Neutral
GOLD RESOURCE CORP director Ronald Little bought 20,000 shares on the open market.
15 Mar 2021director interest notice● Neutral
GOLD RESOURCE CORP director Richard M Irvine bought 20,000 shares on the open market at $2.85.
10 Mar 2021director interest notice● Neutral
GOLD RESOURCE CORP director Alex G Morrison bought 17,900 shares on the open market at $2.67.
19 Feb 2021director interest notice● Neutral
Elizabeth Ann Wilkinson became a GOLD RESOURCE CORP officer and company insider (initial ownership filing).
19 Feb 2021director interest notice● Neutral
Ronald Little became a GOLD RESOURCE CORP director and company insider (initial ownership filing).
11 Feb 2021substantial holder notice● Neutral
Van Eck Associates Corporation reported a GOLD RESOURCE CORP shareholding of 3,822,513 shares (5.32% of votes) in a periodic institutional filing.
29 Jan 2021director interest notice● Neutral
GOLD RESOURCE CORP director Alex G Morrison received 2,614 shares as part of the equity award.
29 Jan 2021substantial holder notice● Neutral
BlackRock, Inc reported a GOLD RESOURCE CORP shareholding of 4,731,038 shares (6.60% of votes) in a periodic institutional filing.