22 Mar 2013quarterly activities report▼ Bad
Hondo Minerals Corp reported a quarterly net loss of $3.3 million for the period ended 2013-04-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 Mar 2013late filing notice▼ Bad
Hondo Minerals Corp notified the SEC that its quarterly report would be filed late.
13 Feb 2013director interest notice● Neutral
Hondo Minerals Corp CFO Christopher Larson bought 15,000 shares on the open market at $1800.00.
21 Dec 2012quarterly activities report▼ Bad
Hondo Minerals Corp reported a quarterly net loss of $4.0 million for the period ended 2013-01-31.
21 Dec 2012business combination● Neutral
This amendment to the November 30, 2012 filing about the Magnolia Hill offer ($0.62 per share in cash and stock) only revises the forward-looking statements section and repeats the earlier announcement. It adds no new terms or developments; the offer is still unsolicited, not yet commenced, and subject to due diligence.
21 Dec 2012business combination● Neutral
This amendment to the December 18, 2012 filing repeats the Crowncorp $75 million cash offer announcement and revises the forward-looking statements section. It adds no new terms or developments.
20 Dec 2012director interest notice● Neutral
Botello Benjamin became a Hondo Minerals Corp director and company insider (initial ownership filing).
20 Dec 2012director interest notice● Neutral
William R Miertschin became a Hondo Minerals Corp CEO, President and company insider (initial ownership filing).
20 Dec 2012director interest notice● Neutral
Hondo Minerals Corp CFO Christopher Larson bought 9,000 shares on the open market.
20 Dec 2012director interest notice● Neutral
John Charles Skip Headen became a Hondo Minerals Corp director and company insider (initial ownership filing).
20 Dec 2012director interest notice● Neutral
Siegel Howard Bruce became a Hondo Minerals Corp director and company insider (initial ownership filing).
20 Dec 2012director interest notice● Neutral
Christopher Larson became a Hondo Minerals Corp CFO and company insider (initial ownership filing).
18 Dec 2012business combination● NeutralMajor
On December 11, 2012 the company received a second unsolicited offer, from Crowncorp Investment Corporation, to buy its subsidiary Hondo Minerals, Inc. (which holds all its assets) for $75 million in cash. The board authorised management to run due diligence and aim for definitive agreements within 60 days; nothing is binding yet, and this is an alternative to the earlier Magnolia Hill offer.
17 Dec 2012late filing notice▼ Bad
Hondo Minerals Corp notified the SEC that its quarterly report would be filed late.
30 Nov 2012business combination● NeutralMajor
On November 20, 2012 the company received an unsolicited offer from Magnolia Hill, LLC to buy all its stock and assets at $0.62 per share in cash and stock, under a letter of intent subject to due diligence and requirements such as a 43-101 reserve report. The board rejected a proposed $250,000 deposit tied to a 120-day no-shop clause; no definitive deal exists yet.
29 Oct 2012late filing notice▼ Bad
Hondo Minerals Corp notified the SEC that its annual report would be filed late.
24 Sept 2012director interest notice● Neutral
Hondo Minerals Corp 10%+ owner Grosberg Stephen Michael bought 300,000 shares on the open market at $48000.00.
31 Aug 2012director interest notice● Neutral
Hondo Minerals Corp 10%+ owner Grosberg Stephen Michael bought 50,000 shares on the open market at $7000.00.
19 July 2012director interest notice● Neutral
Hondo Minerals Corp 10%+ owner Grosberg Stephen Michael bought 80,000 shares on the open market.
19 July 2012director interest notice● Neutral
Hondo Minerals Corp 10%+ owner Grosberg Stephen Michael bought 680,000 shares on the open market.
15 June 2012quarterly activities report▼ Bad
Hondo Minerals Corp reported a quarterly net loss of $556 thousand for the period ended 2012-04-30.
14 June 2012late filing notice▼ Bad
Hondo Minerals Corp notified the SEC that its quarterly report would be filed late.
31 May 2012substantial holder notice● Neutral
Stephen Grosberg N/A disclosed a new substantial Hondo Minerals Corp shareholding (NaN% of votes).
30 May 2012director interest notice● Neutral
Hondo Minerals Corp 10%+ owner Grosberg Stephen Michael bought 298,000 shares on the open market.
24 May 2012director interest notice● Neutral
Hondo Minerals Corp CFO Christopher Larson bought 5,600 shares on the open market at $1680.00.
4 May 2012substantial holder notice● Neutral
Stephen Grosberg N/A disclosed a new substantial Hondo Minerals Corp shareholding (28.00% of votes).
1 May 2012director interest notice● Neutral
Hondo Minerals Corp CFO Christopher Larson bought 5,000 shares on the open market at $1950.00.
25 Apr 2012capital raising announcement● NeutralMajor
On April 19, 2012 the company issued 6,500,000 shares to Ironridge Global IV, Ltd. to settle $1,648,554.39 of its accounts payable that Ironridge had bought from creditors, under a court-approved settlement. The settlement allows more shares to be issued later depending on trading volume and share price (capped at 9.99% ownership by Ironridge), so existing shareholders may be diluted further.
20 Apr 2012substantial holder notice● Neutral
Ironridge Global IV, Ltd, Brendan T. O'Neil, Richard H. Kreger, John C. Kirkland, Keith Coulston disclosed a new substantial Hondo Minerals Corp shareholding (7.07% of votes).
19 Apr 2012director interest notice● Neutral
Hondo Minerals Corp CFO Christopher Larson bought 8,000 shares on the open market at $3280.00.