Past year: ▼ 100%(0.00c – 1.04 USD)
Each one in plain English, with the numbers worked through for a shareholder.
10 June 2014substantial holder notice● Neutral
Martin M. Hale, Jr, Hale Fund Management, LLC, Hale Capital Management, LP, Hale Capital Partners, LP, EREF-MID II, LLC reported a Midway Gold Corp shareholding of 17,837,838 shares (16.95% of votes) in a periodic institutional filing.
9 June 2014director interest notice● Neutral
Midway Gold Corp director Inv-mid, LLC received 1,815,365 shares as part of the equity award.
6 June 2014director interest notice● Neutral
Midway Gold Corp President & CEO Brunk Kenneth Arnold bought 120,482 shares on the open market at $0.83.
6 June 2014capital raising announcement▼ BadMajor
Midway closed the bought-deal offering of 30,121,000 common shares at $0.83 for gross proceeds of $25,000,430. At closing it also issued 3,434,475 fee shares, worth $2,850,613 at the offering price, to the Series A preferred holders for consenting to a sale below US$1.85. This completes the offering announced on May 29, 2014 and dilutes existing common shareholders.
What it means for a shareholder
30.1m new shares at $0.830 to raise about $25.0m. That's 18% dilution: every existing holder's slice gets 18% smaller. If you held $1,000 of shares (1,205 at the issue price), your slice goes from 0.000906% to 0.000739% of the company. To keep it you'd need 273 more shares - about $227 at the issue price.
Create a free account to see this worked out for your own holding.
2 June 2014director interest notice● Neutral
Richard Dale Moritz became a Midway Gold Corp company insider (initial ownership filing).
30 May 2014resource reserve update● Neutral
Midway furnished the full NI 43-101 technical report on the updated Gold Rock resource estimate (effective May 28, 2014, report dated May 29, 2014), prepared by Global Resource Engineering. This is the detailed report behind the resource increase announced earlier that week. The filing text shown does not include the resource numbers.
30 May 2014material agreement▼ BadMajor
Midway agreed on May 29, 2014 to a bought-deal offering of 30,121,000 common shares at US$0.83 each, for gross proceeds of about US$25.0 million, with underwriters led by RBC and Haywood plus Canaccord and Cormark. The price is well below the US$1.85 level at which the Series A preferred holders (Hale) must consent, so Midway got their consent on May 14, 2014 and agreed to give them 3,434,474 common shares as a US$2,850,613 fee (more if the over-allotment is used). Preferred holders can also buy up to 7,510,378 shares in the offering. Existing common shareholders are diluted by both the offering and the fee shares. The filing does not state a use of proceeds.
30 May 2014securities registration● Neutral
Midway Gold Corp filed a free-writing prospectus - marketing material for an offering in progress.
30 May 2014securities registration● Neutral
Midway Gold Corp filed a free-writing prospectus - marketing material for an offering in progress.
30 May 2014securities registration● Neutral
Midway Gold Corp filed the final prospectus for a registered offering.
30 May 2014resource reserve update● Neutral
Midway furnished a press release announcing the filing of the May 29, 2014 technical report on the updated Gold Rock resource estimate. The filing itself adds no figures beyond the resource update already reported.
30 May 2014securities registration● Neutral
Midway Gold Corp filed a free-writing prospectus - marketing material for an offering in progress.
29 May 2014securities registration● Neutral
Midway Gold Corp filed a prospectus supplement for an offering off its existing shelf.
29 May 2014resource reserve update▲ GoodMajor
Midway reported an updated resource estimate for Gold Rock, about 10.5 km from its Pan project, now including the 2012-2013 drilling. The estimate, effective May 27, 2014 and prepared by Global Resource Engineering, shows a 65% rise in measured and indicated resources and a 62% rise in inferred resources. This builds on the April 2012 Gold Rock report. The filing calls Pan a 'construction-stage' project, which is new compared with the earlier feasibility-stage picture. Absolute resource figures are not in the text shown.
8 May 2014quarterly activities report▼ Bad
Midway Gold Corp reported a quarterly net loss of $3.7 million for the period ended 2014-03-31.
7 May 2014quarterly activities report▼ Bad
Midway Gold Corp reported a quarterly net loss of $3.7 million for the period ended 2014-03-31.
2 Apr 2014director interest notice● Neutral
Midway Gold Corp director Inv-mid, LLC received 594,731 shares as part of the equity award.
2 Apr 2014substantial holder notice● Neutral
INV-MID, LLC, Investure, LLC, Alice W. Handy reported a Midway Gold Corp shareholding of 20,000,000 shares (14.70% of votes) in a periodic institutional filing.
2 Apr 2014director interest notice● Neutral
Midway Gold Corp director Martin M Jr. Hale received 1,121,046 shares as part of the equity award.
27 Mar 2014director interest notice● Neutral
Midway Gold Corp director Rodney D Knutson received a stock option grant for 250,000 shares.
27 Mar 2014director interest notice● Neutral
Rodney D Knutson became a Midway Gold Corp director and company insider (initial ownership filing).
12 Feb 2014substantial holder notice● Neutral
Van Eck Associates Corporation reported a Midway Gold Corp shareholding of 13,930,884 shares (10.64% of votes) in a periodic institutional filing.
12 Feb 2014substantial holder notice● Neutral
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc reported a Midway Gold Corp shareholding of 6,868,450 shares (5.20% of votes) in a periodic institutional filing.
8 Jan 2014director interest notice● Neutral
Midway Gold Corp director Yu Frank exercised stock options for 200,000 shares and disposed of 330,000 shares.
6 Jan 2014director interest notice● Neutral
Midway Gold Corp director Inv-mid, LLC received 788,200 shares as part of the equity award.
6 Jan 2014director interest notice● Neutral
Midway Gold Corp director Martin M Jr. Hale received 1,485,728 shares as part of the equity award.
6 Dec 2013director interest notice● Neutral
Blacketor Bradley J. became a Midway Gold Corp Chief Financial Officer and company insider (initial ownership filing).
6 Dec 2013director interest notice● Neutral
Midway Gold Corp Chief Financial Officer Blacketor Bradley J. received a stock option grant for 200,000 shares.
6 Nov 2013quarterly activities report▼ Bad
Midway Gold Corp reported a quarterly net loss of $2.2 million for the period ended 2013-12-31.
6 Nov 2013quarterly activities report▼ Bad
Midway Gold Corp reported a quarterly net loss of $2.2 million for the period ended 2013-12-31.
