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GOLDEN RIVER RESOURCES CORP.

US:GORV
No current share price held for this company.

Past year: ▼ 29%(8.50c – 15.5c USD)

Market cap
—
Shares on issue
—
Story beats
17 since 2006
Last event
2 Jan 2013

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

9 Dec 2014quarterly activities report▼ Bad

GOLDEN RIVER RESOURCES CORP. reported a quarterly net loss of $23 thousand for the period ended 2014-12-31.

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30 Sept 2014late filing notice▼ Bad

GOLDEN RIVER RESOURCES CORP. notified the SEC that its annual report would be filed late.

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15 May 2014quarterly activities report● Neutral

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and net income of $0 for the period ended 2014-03-31.

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6 Mar 2014quarterly activities report● Neutral

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and net income of $0 for the period ended 2014-03-31.

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14 Nov 2013quarterly activities report▼ Bad

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and a net loss of $341 thousand for the period ended 2013-12-31.

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15 May 2013quarterly activities report▼ Bad

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and a net loss of $971 thousand for the period ended 2013-03-31.

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14 Feb 2013quarterly activities report▼ Bad

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and a net loss of $971 thousand for the period ended 2013-03-31.

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2 Jan 2013asset acquisition disposition▼ BadMajor

On December 7, 2012, Golden River agreed to sell 5,400,000 Acadian shares (a 9.9% interest) to Chin-Yong Wong for CDN$594,000 (CDN$0.11 per share); it closed December 10, 2012. Its Acadian holding falls to 22.197%. This continues the sell-down at a further lower price per share, after CDN$0.15 in February and CDN$0.13 in October 2012. The filing text refers to the buyer as 'Fernandez' in one place, which appears to be a drafting slip (inference).

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2 Jan 2013asset acquisition disposition▼ BadMajor

On October 2, 2012, Golden River agreed to sell another 10,783,145 Acadian shares (19.9%) to Nelson Fernandez for CDN$1,401,808.85 (CDN$0.13 per share); it closed October 25, 2012. Golden River's Acadian stake drops to 32.16%, meaning it no longer holds a majority. This continues the sell-down begun with Igneous in February 2012, at a lower price per share (CDN$0.13 versus CDN$0.15).

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19 Nov 2012quarterly activities report● Neutral

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and net income of $4.9 million for the period ended 2012-12-31.

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15 Nov 2012late filing notice▼ Bad

GOLDEN RIVER RESOURCES CORP. notified the SEC that its quarterly report would be filed late.

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28 Sept 2012late filing notice▼ Bad

GOLDEN RIVER RESOURCES CORP. notified the SEC that its annual report would be filed late.

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15 May 2012quarterly activities report▼ Bad

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and a net loss of $368 thousand for the period ended 2012-03-31.

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13 Feb 2012quarterly activities report▼ Bad

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and a net loss of $368 thousand for the period ended 2012-03-31.

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10 Feb 2012asset acquisition disposition● NeutralMajor

On February 6, 2012, Golden River agreed to sell 10,783,145 Acadian shares (a 19.9% interest) to Igneous Capital Limited for CDN$1,617,471.15 (agreement text says $1,617,471.75, at $0.15 per share); it closed February 7, 2012. Golden River's Acadian stake falls from 71.5% to 52%, and it keeps control. Golden River will use reasonable efforts to get an Igneous nominee onto Acadian's board, with one Golden River nominee resigning, and Northern Capital Resources and Joseph Gutnick guaranteed Golden River's representations and warranties. This is the first sell-down of the Acadian holding built up through the 2009-2010 subscriptions.

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13 Dec 2011director interest notice● Neutral

GOLDEN RIVER RESOURCES CORP. 10%+ owner Northern Capital Resources Corp bought 32,448,000 shares on the open market at $0.05.

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13 Dec 2011director interest notice● Neutral

GOLDEN RIVER RESOURCES CORP. 10%+ owner Northern Capital Resources Corp bought 25,380 shares on the open market at $0.04.

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13 Dec 2011substantial holder notice● Neutral

S.S. of Edensor Nominees Pty. Ltd. I.R, S.S. of Kerisridge Pty. Ltd. I.R.S. Em, S.S. of Joseph I. Gutnick I.R.S. Emplo, S.S. of Stera M. Gutnick I.R.S. Employ reported a GOLDEN RIVER RESOURCES CORP. shareholding of 58,179,095 shares (98.50% of votes) in a periodic institutional filing.

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13 Dec 2011director interest notice● Neutral

GOLDEN RIVER RESOURCES CORP. 10%+ owner Northern Capital Resources Corp bought 25,380 shares on the open market at $0.04.

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14 Nov 2011quarterly activities report▼ Bad

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and a net loss of $18.2 million for the period ended 2011-12-31.

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7 June 2011asset acquisition disposition● NeutralMajor

On May 25, 2011, Acadian Mining (the 71.5%-owned subsidiary) agreed to sell its wholly-owned ScoZinc, which held the Scotia lead-zinc mine (on care and maintenance since early 2009), to Selwyn Resources for CDN$10 million. About CDN$2.8 million is deducted for increased reclamation bonding, leaving net proceeds of about CDN$7.2 million; the sale closed May 31, 2011. This disposes of Acadian's Nova Scotia lead-zinc asset; the filing does not say how the proceeds will be used.

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20 Apr 2011quarterly activities report▼ Bad

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and a net loss of $650 thousand for the period ended 2011-03-31.

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14 Feb 2011quarterly activities report▼ Bad

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and a net loss of $650 thousand for the period ended 2011-03-31.

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11 Feb 2011quarterly activities report▼ Bad

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and a net loss of $650 thousand for the period ended 2011-03-31.

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11 Feb 2011quarterly activities report▼ Bad

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and a net loss of $650 thousand for the period ended 2011-03-31.

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11 Feb 2011quarterly activities report▼ Bad

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and a net loss of $650 thousand for the period ended 2011-03-31.

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10 Feb 2011director interest notice● Neutral

GOLDEN RIVER RESOURCES CORP. 10%+ owner Stera Miriam Gutnick bought 32,448,000 shares on the open market at $0.05.

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10 Feb 2011director interest notice● Neutral

GOLDEN RIVER RESOURCES CORP. President and CEO Joseph Isaac Gutnick bought 32,448,000 shares on the open market at $0.05.

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15 Nov 2010quarterly activities report▼ Bad

GOLDEN RIVER RESOURCES CORP. reported quarterly revenue of $0 and a net loss of $1.2 million for the period ended 2010-12-31.

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4 Nov 2010security holder rights change● Neutral

A 1-for-10 reverse stock split, approved by the board and stockholders, took effect November 1, 2010, cutting shares outstanding from about 243,593,440 to about 24,359,344. Trading used the temporary symbol GORVD for roughly twenty trading days before reverting to GORV, and fractional shares are rounded up. Each holder keeps the same proportional ownership; the filing gives no reason for the split.

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