13 Sept 2011director interest notice● Neutral
Guoqiang Hao became a Silver Dragon Resources Inc. director and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Sept 2011resource reserve update▲ Good
On September 7, 2011 the company issued a press release titled 'Silver Dragon Completes Positive Preliminary Feasibility Study on its Dadi Silver-Polymetallic Project'. The 8-K only attaches the release and gives no study figures, so the results are not in this filing. This is the first mention of the Dadi project in the history so far.
1 Sept 2011director interest notice● Neutral
Manuel Chan became a Silver Dragon Resources Inc. director and company insider (initial ownership filing).
1 Sept 2011director interest notice● Neutral
Charles L Mcalpine became a Silver Dragon Resources Inc. director and company insider (initial ownership filing).
10 Aug 2011quarterly activities report▼ Bad
Silver Dragon Resources Inc. reported a quarterly net loss of $951 thousand for the period ended 2011-06-30.
17 June 2011director interest notice● Neutral
Silver Dragon Resources Inc. Chief Executive Officer Marc Hazout sold 1,100,000 shares.
19 May 2011securities registration● Neutral
Silver Dragon Resources Inc. filed the final prospectus for a registered offering.
16 May 2011quarterly activities report▼ Bad
Silver Dragon Resources Inc. reported a quarterly net loss of $951 thousand for the period ended 2011-03-31.
10 May 2011securities registration● Neutral
Silver Dragon Resources Inc. registered a securities offering with the SEC.
5 May 2011quarterly activities report▼ Bad
Silver Dragon Resources Inc. reported a quarterly net loss of $951 thousand for the period ended 2011-03-31.
21 Apr 2011capital raising announcement● NeutralMajor
On April 19, 2011 the company agreed with JMJ Financial to sell convertible notes with a face amount of $3,150,000, of which $3,000,000 goes to the company and the rest covers fees and expenses to JMJ. The first note brings in $1 million in staged payments tied to registration steps and conditions, and later notes of $500,000 each ($2,000,000 in total, secured) follow over three years. The notes convert at 75% of the average of the three lowest closing prices in the prior 20 days, so conversion would add shares at a discount. Proceeds are planned for a Canadian stock exchange listing, work at the Erbahuo silver properties in China, and general corporate purposes.
8 Mar 2011director interest notice● Neutral
Silver Dragon Resources Inc. director Manuel Chan bought 100,000 shares on the open market at $0.11.
4 Mar 2011director interest notice● Neutral
Jeffrey D. Sherman became a Silver Dragon Resources Inc. Chief Financial Officer and company insider (initial ownership filing).
4 Mar 2011director interest notice● Neutral
Silver Dragon Resources Inc. Chief Financial Officer Jeffrey D. Sherman received a stock option grant for 100,000 shares.
1 Mar 2011securities registration● Neutral
Silver Dragon Resources Inc. filed notice of an exempt private placement.
18 Feb 2011capital raising announcement● NeutralMajor
On February 15, 2011 the company sold Tonaquint, Inc. a secured convertible note with a $2,766,500 maturity amount (5.5% interest, due in 48 months), a warrant for 8.6 million shares at US$0.50 over three years, and 50,000 shares. Funding is $2,500,000 in total, but only $500,000 is cash at closing; the other $2,000,000 is ten $200,000 notes from the investor that are paid later. The note converts after six months at 70% of a low recent average price, so conversions would add shares at a discount; the investor's holding is capped at 9.99%.
4 Feb 2011substantial holder notice● Neutral
Socius CG II, Ltd, Terren S. Peizer, Patricia Peizer disclosed a new substantial Silver Dragon Resources Inc. shareholding (9.90% of votes).
3 Feb 2011director interest notice● Neutral
Silver Dragon Resources Inc. director Manuel Chan sold 100,000 shares.
28 Jan 2011capital raising announcement▼ BadMajor
On January 27, 2011 a California court approved a settlement of a $405,981.49 claim by Socius CG II, which had bought the claims from seven creditors of the company. The company issued 9,000,000 shares (about 8.28% of shares outstanding), with a later adjustment based on the stock price over 20 trading days that could mean more shares issued or some returned; Socius's holdings are capped at 9.99%. The debt is settled in stock, diluting existing holders.
3 Dec 2010director interest notice● Neutral
Charles L Mcalpine became a Silver Dragon Resources Inc. director and company insider (initial ownership filing).
12 Nov 2010quarterly activities report▼ Bad
Silver Dragon Resources Inc. reported a quarterly net loss of $930 thousand for the period ended 2010-09-30.
13 Oct 2010director interest notice● Neutral
Alessandro Motta became a Silver Dragon Resources Inc. VP, Investor Relations and company insider (initial ownership filing).
9 Aug 2010quarterly activities report▼ Bad
Silver Dragon Resources Inc. reported a quarterly net loss of $1.2 million for the period ended 2010-06-30.
6 Feb 2009director interest notice● Neutral
Silver Dragon Resources Inc. director Manuel Chan bought 20,000 shares on the open market.
29 Jan 2009director interest notice● Neutral
Silver Dragon Resources Inc. director Manuel Chan bought 32,500 shares on the open market.
30 Dec 2008director interest notice● Neutral
Manuel Chan became a Silver Dragon Resources Inc. director and company insider (initial ownership filing).
30 Dec 2008director interest notice● Neutral
Silver Dragon Resources Inc. director Manuel Chan sold 200,000 shares.
11 July 2008capital raising announcement▼ BadMajor
On July 10, 2008 the company settled a dispute with Alpha Capital Anstalt, which had invested under the November 2, 2006 subscription agreement (the $500,000 placement). It will issue 3,000,000 shares (effective price cut to $0.15 per share through anti-dilution protection, plus 500,000 shares for the Class A and B warrants, plus 53,266 extra shares) and pay $25,000 in cash, and the company also gives up the $75,000 warrant exercise price. The subscription agreement ends and the lawsuit is dismissed once these steps are done. Existing shareholders are diluted, and the company agreed not to sell shares below $0.15 until Sept 30, 2008 and not to do a reverse split for six months.
15 May 2008late filing notice▼ Bad
Silver Dragon Resources Inc. notified the SEC that its quarterly report would be filed late.
27 Mar 2008director interest notice● Neutral
Silver Dragon Resources Inc. President and CEO Marc Hazout sold 50,000 shares.