15 Nov 2010securities registration● Neutral
Midway Gold Corp filed the final prospectus for a registered offering.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
15 Nov 2010material agreement● Neutral
On November 12, 2010 Midway signed an agreement with Haywood Securities to sell, on a best-efforts basis, up to 6,660,000 units at US$0.60 each for up to US$3,996,000. Each unit is one share plus half a warrant exercisable at US$0.90 for 24 months after closing, and Haywood gets a 6% cash commission. This is another small financing following the June 2010 offering; the filing does not say how much was ultimately sold.
8 Nov 2010quarterly activities report▼ Bad
Midway Gold Corp reported a quarterly net loss of $1.5 million for the period ended 2010-09-30.
3 Nov 2010securities registration● Neutral
Midway Gold Corp filed a free-writing prospectus - marketing material for an offering in progress.
2 Nov 2010securities registration● Neutral
Midway Gold Corp filed the final prospectus for a registered offering.
25 Oct 2010director interest notice● Neutral
Midway Gold Corp President & COO Brunk Kenneth Arnold received a stock option grant for 250,000 shares.
7 Sept 2010capital raising announcement▲ GoodMajor
Midway told the NYSE Amex that its 2009 audit report carried a going-concern qualification, and said that after the April 2010 placement (Cdn$800,000) and June 2010 public offering (Cdn$6.6 million) it had working capital of Cdn$6,345,847 at June 30, 2010. Management says this is enough to fund obligations and operations for the next 12 months and that it has therefore resolved the going-concern issue; this closes out the June 2010 offering thread, with gross proceeds of Cdn$6.6 million.
11 Aug 2010quarterly activities report▼ Bad
Midway Gold Corp reported a quarterly net loss of $1.5 million for the period ended 2010-09-30.
3 Aug 2010director interest notice● Neutral
Midway Gold Corp Chief Executive Officer Wolfus Daniel E bought 12,500 shares on the open market at $0.41.
27 July 2010resource reserve update▲ GoodMajor
Midway released a Preliminary Economic Assessment for its 100%-owned Pan project, assuming a US$950/oz gold price: 327,000 ounces produced over 7.25 years, US$59M initial capital, pre-tax IRR 23% and pre-tax NPV US$49M. At US$700/oz the NPV is negative (-US$11M). It is a preliminary study, with a feasibility study planned for 2011 and production targeted for 2013. The release is signed by Daniel Wolfus as Chairman and CEO, and names Kenneth Brunk as President and COO, which differs from earlier leadership in the context (Alan Branham as CEO).
1 July 2010director interest notice● Neutral
Midway Gold Corp Chief Executive Officer Wolfus Daniel E bought 20,000 shares on the open market.
30 June 2010director interest notice● Neutral
Midway Gold Corp President & COO Brunk Kenneth Arnold bought 19,000 shares on the open market at $0.53.
21 June 2010director interest notice● Neutral
Midway Gold Corp CFO & Corporate Secretary Meyer Doris Aileen received a stock option grant for 125,000 shares.
21 June 2010director interest notice● Neutral
Midway Gold Corp director George T Hawes received a stock option grant for 200,000 shares.
21 June 2010director interest notice● Neutral
Midway Gold Corp director Yu Frank received a stock option grant for 200,000 shares.
21 June 2010director interest notice● Neutral
Midway Gold Corp director Branham Alan David received a stock option grant for 200,000 shares.
21 June 2010director interest notice● Neutral
Moritz Richard Dale became a Midway Gold Corp VP, Project Development and company insider (initial ownership filing).
21 June 2010director interest notice● Neutral
Midway Gold Corp VP, Project Development Moritz Richard Dale received a stock option grant for 100,000 shares.
21 June 2010director interest notice● Neutral
Midway Gold Corp Chief Executive Officer Wolfus Daniel E received a stock option grant for 250,000 shares.
18 June 2010director interest notice● Neutral
Midway Gold Corp director Roger Newell received a stock option grant for 200,000 shares.
11 June 2010material agreement● NeutralMajor
Midway signed an agency agreement with Haywood Securities for a best-efforts offering of up to 9,412,000 units at Cdn$0.60 (Cdn$5,647,200 gross), plus a concurrent US offering of up to 1,666,666 units at US$0.57 (about US$950,000). Each unit has one share and half a warrant exercisable at Cdn$0.80 for 24 months. Haywood gets a 7% commission and agent warrants; this is new dilution for existing shareholders.
11 June 2010director interest notice● Neutral
Midway Gold Corp 10%+ owner Matthew Sheerin bought 83,475 shares on the open market.
10 June 2010securities registration● Neutral
Midway Gold Corp filed a free-writing prospectus - marketing material for an offering in progress.
10 June 2010securities registration● Neutral
Midway Gold Corp filed the final prospectus for a registered offering.
10 June 2010securities registration● Neutral
Midway Gold Corp filed the final prospectus for a registered offering.
10 June 2010securities registration● Neutral
Midway Gold Corp filed a free-writing prospectus - marketing material for an offering in progress.
10 June 2010securities registration● Neutral
Midway Gold Corp filed a free-writing prospectus - marketing material for an offering in progress.
2 June 2010securities registration● Neutral
Midway Gold Corp filed the final prospectus for a registered offering.
28 May 2010securities registration● Neutral
Midway Gold Corp filed a free-writing prospectus - marketing material for an offering in progress.
21 May 2010director interest notice● Neutral
Midway Gold Corp President & COO Brunk Kenneth Arnold received a stock option grant for 500,000 shares.