5 Feb 2015substantial holder notice● Neutral
KCG Americas LLC reported a Indigenous Roots Corp. shareholding of 142,851 shares (8.86% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
13 Feb 2014substantial holder notice● Neutral
KCG Americas LLC disclosed a new substantial Indigenous Roots Corp. shareholding (9.80% of votes).
18 Jan 2012late filing notice▼ Bad
Indigenous Roots Corp. notified the SEC that its quarterly report would be filed late.
15 July 2011quarterly activities report▼ Bad
Indigenous Roots Corp. reported a quarterly net loss of $445 thousand for the period ended 2011-05-31.
28 Apr 2011capital raising announcement● Neutral
On April 26, 2011 the company issued 500,000 restricted shares to Investors Resource Group to settle a debt, at a deemed price of $0.135 per share. This is a small dilution of existing shareholders; the filing does not state the debt amount.
14 Apr 2011quarterly activities report▼ Bad
Indigenous Roots Corp. reported a quarterly net loss of $250 thousand for the period ended 2011-02-28.
7 Mar 2011capital raising announcement● Neutral
The company cancelled all 5,400,000 options granted in October 2010 at $0.68 and granted 5,150,000 new options at $0.12 per share, the March 1, 2011 closing price, mostly expiring March 2, 2016. Recipients include J. Trevor Eyton, Hugh Aird (President/CEO), Wayne Parsons and CFO Ann Dumyn. The company says this was to give incentive pay reflecting the current market value of its stock; the drop from $0.68 to $0.12 shows the share price fell sharply (inference from the two exercise prices).
2 Feb 2011securities registration● Neutral
Indigenous Roots Corp. amended a filing by which it registered a securities offering with the SEC.
14 Jan 2011quarterly activities report▼ Bad
Indigenous Roots Corp. reported a quarterly net loss of $2.7 million for the period ended 2010-11-30.
13 Jan 2011securities registration● Neutral
Indigenous Roots Corp. registered a securities offering with the SEC.
25 Oct 2010capital raising announcement● Neutral
The company granted 5,400,000 stock options to directors, officers, consultants and employees under the 2010 plan at $0.68 per share (400,000 expiring October 5, 2012 and 5,000,000 expiring October 6, 2015). This uses most of the 6,500,000-share plan approved in July. The filing is signed by Hugh Aird as president, so leadership had changed from Wayne Parsons, and the office is now in Toronto.
25 Aug 2010farm in farm out agreement● Neutral
Directors approved a 2010 Stock Option Plan allowing up to 6,500,000 shares to be issued to directors, officers, employees and consultants on option exercise. Despite the event label, this is not a farm-in/farm-out deal; it is an incentive plan, which could dilute existing shareholders if options are exercised.
15 June 2010business combination● NeutralMajor
The company filed shell-company-style disclosure confirming the Cap Gold Project closing, with $125,000 paid to Hackworth and Tomany. It also set out its history: incorporated July 2006 as Zebra Resources, abandoned its first claim (Astro 2006), Monaco Capital bought 20,000,000 shares on Feb 26, 2010, a 2-for-1 forward split took shares from 32,000,000 to 64,000,000 on March 17, 2010, and the name changed to American Paramount Gold Corp. The board is now Wayne Parsons, Peter Jenks and John Goodwin. The filing describes it as an exploration-stage company with no known reserve; the text provided is truncated.
27 May 2010director interest notice● Neutral
Indigenous Roots Corp. 10%+ owner Monaco Capital INC. sold 4,550,000 shares.
27 May 2010substantial holder notice● Neutral
Monaco Capital Inc. reported a Indigenous Roots Corp. shareholding of 35,450,000 shares (55.34% of votes) in a periodic institutional filing.
3 May 2010director interest notice● Neutral
Steven Wayne Parsons became a Indigenous Roots Corp. Pres/CEO/CFO/Sec/Treas and company insider (initial ownership filing).
27 Apr 2010asset acquisition disposition● NeutralMajor
The company said it closed the Cap Gold Project transaction (189 claims in Nye County, Nevada), continuing the April 16 agreement. It also signed a consulting agreement with Wayne Parsons as president/CEO/CFO (CDN$1,500 monthly, 1,000,000 options at US$1.00 expiring April 14, 2015, and a CDN$15,000 bonus if US$500,000 of private placement funds is received). Separately, Monaco Capital Inc., the controlling shareholder, agreed to lend up to $500,000 at 10% interest, convertible at $1.05 per share and due one year from advance; $200,000 had been advanced.
19 Apr 2010material agreement● NeutralMajor
The company (then named American Paramount Gold Corp., formerly Zebra Resources) agreed with Royce L. Hackworth and Belva L. Tomany to an option on a long-term lease of 189 unpatented mining claims in Nye County, Nevada (the Cap Gold Project). It must pay $25,000 on closing and $100,000 once due diligence is satisfied, plus yearly advance royalty payments ($125,000 in years 2-5, rising to $300,000 in years 21-30), at least $1,250,000 of exploration over 5 years, and a 1%-3% production royalty.
10 Mar 2010substantial holder notice● Neutral
Monaco Capital Inc. disclosed a new substantial Indigenous Roots Corp. shareholding (62.50% of votes).
9 Mar 2010director interest notice● Neutral
Monaco Capital INC. became a Indigenous Roots Corp. 10%+ owner and company insider (initial ownership filing).
3 Mar 2010director interest notice● Neutral
Indigenous Roots Corp. Former Pres/Treas/CEO/CFO/Dir Karl Eric Kottmeier sold 20,000,000 shares at $25000.00.
1 Mar 2010director interest notice● Neutral
Peter Donald Jenks became a Indigenous Roots Corp. director and company insider (initial ownership filing).
16 Mar 2007director interest notice● Neutral
Karl Eric Kottmeier became a Indigenous Roots Corp. President,Secretary,Treasurer and company insider (initial ownership filing).
23 Oct 2006securities registration● Neutral
Indigenous Roots Corp. registered a small-business securities offering with the SEC.