23 Sept 2015capital raising announcement▲ Good
Timberline closed the Waterton private placement, issuing 1.3 million shares for about $499,000 - completing the deal announced a week earlier.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
15 Sept 2015capital raising announcement▲ Good
Waterton Precious Metals Fund II agreed to buy about 1.3 million Timberline shares (roughly 9.9% of shares outstanding) for about $499,000 in a private placement, alongside non-binding terms for a broader proposed transaction - a new institutional/strategic investor entering as Timberline advanced Talapoosa.
6 Aug 2015quarterly activities report▼ Bad
Timberline Resources Corp reported a quarterly net loss of $682 thousand for the period ended 2015-06-30.
26 June 2015securities registration● Neutral
Timberline Resources Corp filed the final prospectus for a registered offering.
17 June 2015securities registration● Neutral
Timberline Resources Corp registered a securities offering with the SEC using its shelf eligibility.
28 May 2015resource reserve update▲ Good
Timberline filed the full Talapoosa preliminary economic assessment report with Canadian securities regulators, providing the detailed technical basis (prepared by a multi-firm team of geologists and engineers) for the project's positive economics.
26 May 2015resource reserve update● Neutral
Timberline announced it had filed the Talapoosa preliminary economic assessment technical report - a follow-up disclosure of the same PEA results reported in late April.
13 May 2015resource reserve update▲ Good
Timberline filed the formal NI 43-101 technical report and resource estimate for Talapoosa with Canadian regulators, backing up the earlier economic assessment with a fuller resource study.
13 May 2015quarterly activities report▼ Bad
Timberline Resources Corp reported a quarterly net loss of $1.6 million for the period ended 2015-03-31.
30 Apr 2015resource reserve update▲ GoodMajor
Timberline announced a preliminary economic assessment for Talapoosa showing a $136 million after-tax NPV and 39% IRR at $1,150/oz gold with $51 million in pre-production capital costs - strong early economics for the newly optioned project.
15 Apr 2015substantial holder notice● Neutral
Gunpoint Exploration Ltd, American Gold Capital US Inc disclosed a new substantial Timberline Resources Corp shareholding (16.70% of votes).
17 Mar 2015capital raising announcement▲ GoodMajor
Timberline signed an option agreement with Gunpoint Exploration and its affiliates for the exclusive right to buy 100% of the Talapoosa gold project in Nevada, with up to 30 months to exercise while working toward a feasibility study - the start of what would become Timberline's flagship asset.
18 Feb 2015quarterly activities report▼ Bad
Timberline Resources Corp reported a quarterly net loss of $689 thousand for the period ended 2014-12-31.
10 Feb 2015quarterly activities report▼ Bad
Timberline Resources Corp reported a quarterly net loss of $689 thousand for the period ended 2014-12-31.
14 Oct 2014capital raising announcement● Neutral
Timberline got NYSE MKT approval to issue 1 million shares to keep its option alive on the Knight family trust's Nevada mining claims - a routine step to preserve the 2013 lease-and-option deal.
25 Sept 2014substantial holder notice● Neutral
Resource Re Ltd reported a Timberline Resources Corp shareholding of 8,415,000 shares (11.19% of votes) in a periodic institutional filing.
25 Aug 2014substantial holder notice● Neutral
Resource Re Ltd disclosed a new substantial Timberline Resources Corp shareholding (11.19% of votes).
21 Aug 2014asset acquisition disposition▲ GoodMajor
Timberline closed the Wolfpack Gold (Nevada) acquisition and separately took over Wolfpack's option obligations to Seabridge Gold covering the Castle Black Rock interest - completing the merger and inheriting a new counterparty relationship with Seabridge.
12 Aug 2014quarterly activities report▼ Bad
Timberline Resources Corp reported a quarterly net loss of $656 thousand for the period ended 2014-06-30.
6 Aug 2014quarterly activities report▼ Bad
Timberline Resources Corp reported a quarterly net loss of $656 thousand for the period ended 2014-06-30.
23 May 2014listing compliance notice▼ BadMajor
NYSE MKT told Timberline its stock price was too low for continued listing and required a reverse stock split by November 2014; Timberline said it would seek shareholder approval for the split alongside the pending Wolfpack merger vote - the low share price and the merger financing needs now intertwined.
15 May 2014quarterly activities report▼ Bad
Timberline Resources Corp reported a quarterly net loss of $678 thousand for the period ended 2014-03-31.
14 May 2014quarterly activities report▼ Bad
Timberline Resources Corp reported a quarterly net loss of $678 thousand for the period ended 2014-03-31.
12 May 2014business combination▲ GoodMajor
Timberline and Wolfpack Gold signed a definitive Arrangement Agreement: Timberline will acquire Wolfpack Gold (Nevada) Corp - holding Wolfpack's Nevada gold properties plus about CAD$5.3 million cash - in a share-for-share exchange, structured as a British Columbia court-approved plan of arrangement expected to close in July 2014.
17 Apr 2014material agreement● Neutral
Timberline and Wolfpack Gold amended their merger letter of intent, extending the exclusivity deadline to May 5, 2014 and confirming Timberline had drawn on the $1 million Wolfpack bridge loan - the merger talks continuing but taking longer than first planned.
20 Mar 2014business combination● Neutral
Ahead of a definitive merger agreement, Wolfpack Gold extended Timberline a secured bridge loan of up to $1 million (5% interest rising to 10%) to fund working capital, secured by a deed of trust - Wolfpack effectively propping up cash-strapped Timberline while the merger talks proceeded.
18 Mar 2014material agreement▲ GoodMajor
Timberline signed a non-binding letter of intent to merge with Wolfpack Gold Corp, with a binding exclusivity period through April 2014 while the two Nevada-focused explorers pursued due diligence toward a definitive deal.
14 Feb 2014material agreement● Neutral
Timberline accepted an early, discounted $150,000 cash payment from its former drilling subsidiary TDI to satisfy a $220,000 obligation due later in 2014 - a modest cash-now-for-less-later trade, with the rest of the 2011 drilling-services deal unaffected.
11 Feb 2014quarterly activities report▼ Bad
Timberline Resources Corp reported a quarterly net loss of $509 thousand for the period ended 2013-12-31.
29 Oct 2013capital raising announcement▲ Good
Timberline expanded its lease with the Knight family trust to add 104 more Nevada mineral claims (bringing the total to 590 claims across seven properties), paying with 200,000 restricted shares - continued build-out of the Nevada exploration land package.