4 Jan 2011director interest notice● Neutral
Santa Fe Gold CORP director John E. Frost received a stock option grant for 75,000 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
9 Nov 2010quarterly activities report▼ Bad
Santa Fe Gold CORP reported quarterly revenue of $777 thousand and a net loss of $4.0 million for the period ended 2010-09-30.
10 Sept 2010late filing notice▼ Bad
Santa Fe Gold CORP notified the SEC that its annual report would be filed late.
17 Aug 2010substantial holder notice● Neutral
Sigma Planning Corporation reported a Santa Fe Gold CORP shareholding of 359,500 shares (0.39% of votes) in a periodic institutional filing.
11 June 2010director interest notice● Neutral
Santa Fe Gold CORP President W Pierce Carson received 200,000 shares and a 200,000-share option grant as part of the equity award.
11 June 2010director interest notice● Neutral
Santa Fe Gold CORP director John E. Frost received 50,000 shares and a 50,000-share option grant as part of the equity award.
11 June 2010director interest notice● Neutral
Santa Fe Gold CORP director Lawrence G Olson received 50,000 shares and a 50,000-share option grant as part of the equity award.
21 Apr 2010director interest notice● Neutral
Santa Fe Gold CORP director Lawrence G Olson bought 100,000 shares on the open market at $0.95.
20 Jan 2010securities registration● Neutral
Santa Fe Gold CORP filed a prospectus supplement for an offering off its existing shelf.
5 Jan 2010director interest notice● Neutral
Santa Fe Gold CORP director Lawrence G Olson received a stock option grant for 75,000 shares.
5 Jan 2010director interest notice● Neutral
Santa Fe Gold CORP director John E. Frost received a stock option grant for 75,000 shares.
23 Dec 2009substantial holder notice● Neutral
Sigma Planning Corporation, Wayne Pirmann disclosed a new substantial Santa Fe Gold CORP shareholding (12.10% of votes).
11 Dec 2009securities registration● Neutral
Santa Fe Gold CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
27 Nov 2009securities registration● Neutral
Santa Fe Gold CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
16 Nov 2009late filing notice▼ Bad
Santa Fe Gold CORP notified the SEC that its quarterly report would be filed late.
13 Nov 2009securities registration● Neutral
Santa Fe Gold CORP registered a securities offering with the SEC using its shelf eligibility.
28 Sept 2009late filing notice▼ Bad
Santa Fe Gold CORP notified the SEC that its annual report would be filed late.
17 Sept 2009asset acquisition disposition● NeutralMajor
On September 11, 2009 the company signed a gold sale agreement with Sandstorm Resources for $4.0 million upfront, of which $500,000 is paid and $3.5 million depends on conditions including receiving all permits to build and operate Summit. Sandstorm gets 50% of the first 10,000 ounces of gold and 22% afterward (possibly cut to 15% if performance targets are met), paying the lesser of $400 per ounce or market price. If conditions aren't met by January 11, 2010 and Sandstorm terminates, the $500,000 becomes a loan; the deposit may also have to be returned in some termination events.
25 Aug 2009capital raising announcement● NeutralMajor
Effective June 30, 2009 the company and Sulane Holdings, holder of the $13.5 million debentures, amended the deal: $974,360 of accrued interest converted into 974,360 shares at $1.00, and interest for the September and December 2009 quarters will also be paid in shares at $1.00. Sulane may elect share payment for later interest, and waived any default. This conserves cash but increases the share count.
21 July 2009director interest notice● Neutral
Santa Fe Gold CORP director Lawrence G Olson disposed of 1,150,000 shares via option/appreciation-right settlement.
2 Apr 2009director interest notice● Neutral
Santa Fe Gold CORP President W Pierce Carson had 7,701,494 shares withheld for taxes on vesting stock.
5 Dec 2008director interest notice● Neutral
Santa Fe Gold CORP director Lawrence G Olson received a stock option grant for 75,000 shares.
5 Dec 2008director interest notice● Neutral
Santa Fe Gold CORP director John E. Frost received a stock option grant for 75,000 shares.
14 Nov 2008late filing notice▼ Bad
Santa Fe Gold CORP notified the SEC that its quarterly report would be filed late.
2 Oct 2008director interest notice● Neutral
Santa Fe Gold CORP director Lawrence G Olson had 931,250 shares withheld for taxes on vesting stock.
29 Sept 2008late filing notice▼ Bad
Santa Fe Gold CORP notified the SEC that its annual report would be filed late.
18 July 2008director interest notice● Neutral
Santa Fe Gold CORP 10%+ owner Sulane Holdings, LTD. bought 5,250,000 shares on the open market.
1 July 2008asset acquisition disposition● Neutral
On June 30, 2008 the Lordsburg subsidiary closed the $841,500 purchase of equipment and claims from St. Cloud Mining Company, as announced on June 3. It was paid from the $13.5 million Summit development financing, and the company takes on potential reclamation obligations for the property.
10 June 2008asset acquisition disposition▲ Good
On June 5, 2008 the company settled its March 2007 Arizona lawsuit with New Planet Copper Mining Company over the Planet property lease in La Paz County (31 patented claims, 523 acres). New Planet acknowledged the lease is in good standing and the company agreed to exercise its option to buy for $250,000 ($50,000 down within 60 days, then four annual $50,000 payments with 10% interest), plus a 5% royalty on any future production. This resolves the lawsuit.
3 June 2008material agreement● Neutral
On May 30, 2008 the Lordsburg subsidiary agreed to buy mineral processing equipment and nearby mining claims and leases from St. Cloud Mining Company for $841,500 ($631,500 equipment, $210,000 claims and leases), with closing targeted for June 30, 2008. The equipment includes a crushing and screening plant and a feeding and conveying system for the Banner Mill, and the company assumes potential reclamation obligations. It will be paid from the $13.5 million Summit financing.