25 Sept 2013director interest notice● Neutral
Pershing Gold Corp. director Barry C Honig bought 300,000 shares on the open market at $0.37.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
27 Aug 2013securities registration● Neutral
Pershing Gold Corp. filed the final prospectus for a registered offering.
26 Aug 2013capital raising announcement● Neutral
On Aug 22 and 23, 2013 the company sold another 1,114 Series E Preferred shares with warrants on 1,336,800 shares for about $1.1 million, on the same terms as the earlier Series E sales. They convert into 3,342,000 common shares. This extends the same raise and adds dilution.
26 Aug 2013director interest notice● Neutral
Pershing Gold Corp. director Barry C Honig bought 155,000 shares on the open market at $0.35.
22 Aug 2013securities registration● Neutral
Pershing Gold Corp. filed notice of an exempt private placement.
21 Aug 2013director interest notice● Neutral
Pershing Gold Corp. director Barry C Honig bought 75,000 shares on the open market at $0.34.
21 Aug 2013quarterly activities report▼ Bad
Pershing Gold Corp. reported a quarterly net loss of $2.0 million for the period ended 2013-06-30.
20 Aug 2013capital raising announcement● Neutral
On Aug 15, 2013 the company sold a further 328 Series E Preferred shares and warrants on 393,600 shares for about $325,000, on the same terms as the Aug 8 placement. They convert into 984,000 common shares. Small addition to the same raise.
15 Aug 2013securities registration● Neutral
Pershing Gold Corp. filed the final prospectus for a registered offering.
14 Aug 2013quarterly activities report▼ Bad
Pershing Gold Corp. reported a quarterly net loss of $2.0 million for the period ended 2013-06-30.
12 Aug 2013director interest notice● Neutral
Pershing Gold Corp. CEO and President Stephen D. Alfers bought 120,100 shares on the open market.
12 Aug 2013capital raising announcement● NeutralMajor
On Aug 8, 2013 the company raised about $9 million by selling 9,091 Series E Preferred shares with warrants on 10,909,200 shares at $0.40. The remaining lender under the Feb 2011 Honig/Brauser credit facility swapped about $646,000 of debt into the same securities, and the $4.5 million facility was terminated. The filing totals 9,743 Series E shares, convertible into 29,229,000 common shares at $0.33; the company can redeem them after Feb 8, 2014 at 110%. This closes the open Honig/Brauser facility thread and removes that debt, but adds dilution and gives Series E holders approval rights over dividends and buybacks.
12 Aug 2013director interest notice● Neutral
Pershing Gold Corp. director Barry C Honig bought 6,848,102 shares on the open market.
17 July 2013director interest notice● Neutral
Pershing Gold Corp. director Barry C Honig bought 194,400 shares on the open market at $0.35.
12 July 2013director interest notice● Neutral
Pershing Gold Corp. director Barry C Honig bought 212,122 shares on the open market at $0.33.
3 July 2013director interest notice● Neutral
Pershing Gold Corp. director Barry C Honig bought 20,000 shares on the open market at $0.34.
28 June 2013director interest notice● Neutral
Pershing Gold Corp. director Barry C Honig bought 25,000 shares on the open market at $0.34.
27 June 2013director interest notice● Neutral
Pershing Gold Corp. director Barry C Honig bought 100,000 shares on the open market at $0.34.
25 June 2013director interest notice● Neutral
Pershing Gold Corp. 10%+ owner Frost Gamma Investments Trust sold 187,529 shares.
17 May 2013securities registration● Neutral
Pershing Gold Corp. filed the final prospectus for a registered offering.
15 May 2013quarterly activities report▼ Bad
Pershing Gold Corp. reported a quarterly net loss of $3.1 million for the period ended 2013-03-31.
1 May 2013securities registration● Neutral
Pershing Gold Corp. filed the final prospectus for a registered offering.
2 Apr 2013securities registration● Neutral
Pershing Gold Corp. filed a prospectus supplement covering resales by selling shareholders.
2 Apr 2013securities registration● Neutral
Pershing Gold Corp. filed the final prospectus for a registered offering.
27 Mar 2013director interest notice● Neutral
Pershing Gold Corp. director Barry C Honig bought 250,000 shares on the open market at $0.40.
27 Mar 2013substantial holder notice● Neutral
Barry Honig, GRQ Consultants, Inc reported a Pershing Gold Corp. shareholding of 36,791,847 shares (12.78% of votes) in a periodic institutional filing.
13 Mar 2013substantial holder notice● Neutral
Barry Honig, GRQ Consultants, Inc reported a Pershing Gold Corp. shareholding of 36,541,847 shares (12.69% of votes) in a periodic institutional filing.
15 Feb 2013material agreement● Neutral
On Feb 8, 2013, at the company's request, vesting was pushed back on restricted stock held by CEO Stephen Alfers and finance VP Eric Alexander, and on 6,000,000 restricted shares under Alfers' employment agreement (originally vesting Feb 9, 2013, now March 14, 2014). The filing gives no reason. Shares vest later, so executives stay tied to the company longer.
14 Feb 2013director interest notice● Neutral
Pershing Gold Corp. VP of Finance and Controller Eric Alexander received 1,000,000 shares as part of the equity award.
14 Feb 2013director interest notice● Neutral
Pershing Gold Corp. director Alex G Morrison received 1,000,000 shares as part of the equity award.