7 Sept 2011securities registration● Neutral
RED METAL RESOURCES, LTD. filed the final prospectus for a registered offering.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Sept 2011substantial holder notice● Neutral
Caitlin Jeffs reported a RED METAL RESOURCES, LTD. shareholding of 2,005,242 shares (11.60% of votes) in a periodic institutional filing.
7 Sept 2011substantial holder notice● Neutral
Joao da Costa reported a RED METAL RESOURCES, LTD. shareholding of 1,240,358 shares (7.10% of votes) in a periodic institutional filing.
7 Sept 2011securities registration● Neutral
RED METAL RESOURCES, LTD. filed the final prospectus for a registered offering.
6 Sept 2011director interest notice● Neutral
RED METAL RESOURCES, LTD. Vice President of Exploration Thompson Michael received a stock option grant for 230,000 shares.
6 Sept 2011director interest notice● Neutral
RED METAL RESOURCES, LTD. Chief Financial Officer Dacosta Joao received a stock option grant for 230,000 shares.
6 Sept 2011director interest notice● Neutral
RED METAL RESOURCES, LTD. CEO and President Jeffs Caitlin received a stock option grant for 230,000 shares.
14 June 2011quarterly activities report▼ Bad
RED METAL RESOURCES, LTD. reported a quarterly net loss of $783 thousand for the period ended 2011-07-31.
14 June 2011securities registration● Neutral
RED METAL RESOURCES, LTD. filed the final prospectus for a registered offering.
20 May 2011securities registration● Neutral
RED METAL RESOURCES, LTD. filed the final prospectus for a registered offering.
16 May 2011securities registration● Neutral
RED METAL RESOURCES, LTD. registered a securities offering with the SEC.
19 Apr 2011director interest notice● Neutral
Andjelic Robert became a RED METAL RESOURCES, LTD. 10%+ owner and company insider (initial ownership filing).
19 Apr 2011substantial holder notice● Neutral
Robert Andjelic disclosed a new substantial RED METAL RESOURCES, LTD. shareholding (25.70% of votes).
19 Apr 2011securities registration● Neutral
RED METAL RESOURCES, LTD. filed notice of an exempt private placement.
18 Apr 2011substantial holder notice● Neutral
Caitlin Jeffs reported a RED METAL RESOURCES, LTD. shareholding of 1,775,242 shares (10.40% of votes) in a periodic institutional filing.
18 Apr 2011substantial holder notice● Neutral
Susan Jeffs reported a RED METAL RESOURCES, LTD. shareholding of 2,246,670 shares (12.50% of votes) in a periodic institutional filing.
18 Apr 2011substantial holder notice● Neutral
Joao da Costa disclosed a new substantial RED METAL RESOURCES, LTD. shareholding (5.88% of votes).
18 Apr 2011substantial holder notice● Neutral
Richard N. Jeffs reported a RED METAL RESOURCES, LTD. shareholding of 4,572,119 shares (25.70% of votes) in a periodic institutional filing.
12 Apr 2011director interest notice● Neutral
RED METAL RESOURCES, LTD. 10%+ owner Richard Jeffs bought 1,666,668 shares on the open market.
12 Apr 2011director interest notice● Neutral
RED METAL RESOURCES, LTD. Chief Financial Officer Dacosta Joao bought 533,334 shares on the open market.
12 Apr 2011director interest notice● Neutral
Jeffs Susan became a RED METAL RESOURCES, LTD. 10%+ owner and company insider (initial ownership filing).
12 Apr 2011director interest notice● Neutral
RED METAL RESOURCES, LTD. Vice President of Exploration Thompson Michael bought 166,666 shares on the open market.
12 Apr 2011director interest notice● Neutral
RED METAL RESOURCES, LTD. CEO and President Jeffs Caitlin bought 166,666 shares on the open market.
11 Apr 2011capital raising announcement▲ GoodMajor
The company sold about 6,723,333 units at $0.30 each (gross $2,017,000, net about $1,862,462), each unit being one share plus a two-year warrant at $0.50. The press release says the money is for the next drilling phase at the Farellon copper-gold project, initial exploration at the Mateo project and working capital; senior management took part. The company must file a resale registration statement within 60 days, and the new shares and warrants dilute existing holders.
What it means for a shareholder
6.7m new shares at US$0.300 to raise about US$2.0m. That's 40% dilution: every existing holder's slice gets 40% smaller. If you held US$1,000 of shares (3,333 at the issue price), your slice goes from 0.0326% to 0.0197% of the company. To keep it you'd need 2,194 more shares - about US$658 at the issue price.
Create a free account to see this worked out for your own holding.
13 Dec 2010quarterly activities report▼ Bad
RED METAL RESOURCES, LTD. reported a quarterly net loss of $203 thousand for the period ended 2011-01-31.
13 Sept 2010quarterly activities report▼ Bad
RED METAL RESOURCES, LTD. reported a quarterly net loss of $154 thousand for the period ended 2010-10-31.
14 June 2010quarterly activities report▼ Bad
RED METAL RESOURCES, LTD. reported a quarterly net loss of $118 thousand for the period ended 2010-07-31.
28 May 2010substantial holder notice● Neutral
Fladgate Exploration Consulting Corporation/ disclosed a new substantial RED METAL RESOURCES, LTD. shareholding (8.10% of votes).
20 May 2010substantial holder notice● Neutral
Richard N. Jeffs disclosed a new substantial RED METAL RESOURCES, LTD. shareholding (28.40% of votes).
19 May 2010substantial holder notice● Neutral
Susan Jeffs disclosed a new substantial RED METAL RESOURCES, LTD. shareholding (5.60% of votes).