Headwater Announces Strategic Investment by Centerra Gold [Yahoo! Finance]
Centerra Gold Inc. Common Shares (CGAU)
Company Research
Source: Yahoo! Finance
pleased to announce that the Company and Centerra Gold Inc. ("Centerra") have agreed to a strategic investment under which Centerra will acquire 9.9% of the issued and outstanding common shares of the Company. Centerra will purchase, through a non-brokered private placement, 7,000,000 common shares of the Company at a price of $0.22 per share for gross proceeds of $1,540,000 (the "Offering"). The issue price represents a 15% premium to the last closing price of Headwater common shares on the Canadian Securities Exchange ("CSE") as of September 6, 2024. Caleb Stroup, President and CEO of the Company, states: "We are very pleased to welcome Centerra as a new strategic Headwater shareholder. The Company continues to advance our mission of delivering value through the discovery of high-grade, high-upside gold deposits in one of the most mining friendly jurisdictions in the world and I believe this represents a great vote of confidence in both our technical work and overall business stra
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CGAU
News
- Centerra Gold Announces TSX Acceptance of Renewed Normal Course Issuer BidGlobeNewswire
- Centerra Gold Third Quarter 2024 Earnings: EPS: US$0.14 (vs US$0.28 in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Centerra Gold Inc. (NYSE: CGAU) was upgraded by analysts at Desjardins to a "moderate buy" rating.MarketBeat
- Centerra Gold Announces Quarterly Dividend of C$0.07 per Common ShareGlobeNewswire
- Centerra Gold Reports Third Quarter 2024 Results; Consistent Operating Performance Drives Continued Strong Cash Flow From OperationsGlobeNewswire
CGAU
Sec Filings
- 11/5/24 - Form 6-K
- 10/31/24 - Form 6-K
- 10/31/24 - Form 6-K
- CGAU's page on the SEC website