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Resource Capital Gold Corp GDPEF

Metals & Mining Gold Industrial Metals & Minerals
RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.


GREY:GDPEF - Post by User

Resource Capital Gold Corp > Does ML7 still need a listing ?
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Comment by LeftBookon Jul 31, 2019 9:49am
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Post# 29978893

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Does ML7 still need a listing ?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Does ML7 still need a listing ?

Hmmmm.

In Sept 2016, RCG announced that Eric Sprott would participate in the $5M private placement with proceeds being used to acquire Tangier and Forest Hill.

In Dec 2018, RCG announced the credit facility secured by all assets.

Sprott Lending effectively acquired Tangier and Forest Hills (and Dufferin) from the RCG shares controlled by 2176423 Ontario.


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September 28, 2016
 
RCG ANNOUNCES PROPOSED PRIVATE PLACEMENT INCLUDING INVESTMENT BY ERIC SPROTT
 
$5M at 20c/sh
 
The Company intends to use the proceeds of the private placement to complete the purchase of the Forest Hill and Tangier mines and other mineral properties, and for working capital and other general corporate purposes.
 
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December 11, 2017
 
RESOURCE CAPITAL GOLD ANNOUNCES SETTLEMENT OF USD $8 MILLION INDEBTEDNESS, CREDIT FINANCING FOR USD $5.5 MILLION AND AMENDMENTS TO THE 1.0% NSR ROYALTY IN RELATION TO THE DUFFERIN PROJECT
 
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