Avesoro Announces Acquisition by Avesoro Jersey Limited of its Remaining Outstanding Common Shares pursuant to Compulsory Acquisition
Avesoro Resources
by avesoro
4y ago
6 January 2020 Avesoro Resources Inc. TSX: ASO AIM: ASO Avesoro Announces Acquisition by Avesoro Jersey Limited of its Remaining Outstanding Common Shares pursuant to Compulsory Acquisition Avesoro Resources Inc. (the “Company” or “Avesoro”) announces that its controlling shareholder, Avesoro Jersey Limited (“AJL”) has announced that AJL has completed the compulsory acquisition (the “Compulsory Acquisition”) of all remaining common shares (“Common Shares”) of the Company not already owned by AJL pursuant to Part 17 of the Canada Business Corporations Act following its previously announced succ ..read more
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Confirmation of Cancellation date
Avesoro Resources
by avesoro
4y ago
Avesoro Resources Inc. TSX: ASO AIM: ASO Confirmation of Cancellation date Further to the announcement on 4 December 2019, Avesoro Resources Inc (the “Company” or “Avesoro”) confirms that the last day of dealings in the Company’s common stock on the AIM Market of the London Stock Exchange (“AIM”) and the Toronto Stock Exchange (“TSX”) will be 7 January 2020 and cancellation of admission of the common stock to trading on AIM will become effective at 7.00 a.m. on 8 January 2020 subject to a dealing notice, as defined in the AIM Rules for Companies, being issued. Avesoro Resources Inc. Geoff Eyr ..read more
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Loan Agreement
Avesoro Resources
by avesoro
4y ago
December 12, 2019 Avesoro Resources Inc. TSX: ASO AIM: ASO Loan Agreement Avesoro Resources Inc (the “Company” or “Avesoro”) announces that it has entered into a loan agreement in connection with an additional working capital facility (the “New Facility”) of up to US$8,500,000 with Avesoro Jersey Limited (“AJL”) to assist with satisfying the Company’s near term cashflow needs. Loan Agreement The Company intends to draw down the entire amount available under the New Facility in the coming days, with the funds being made available for general working capital purposes. The New Facility is unsecu ..read more
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Avesoro Announces Expiry of Mandatory Extension Period and Avesoro Jersey Limited’s Plan to Complete Compulsory Acquisition
Avesoro Resources
by avesoro
4y ago
4 December 2019 Avesoro Resources Inc. TSX: ASO AIM: ASO Avesoro Announces Expiry of Mandatory Extension Period and Avesoro Jersey Limited’s Plan to Complete Compulsory Acquisition Avesoro Resources Inc. (the “Company” or “Avesoro”) announces that its controlling shareholder, Avesoro Jersey Limited (“AJL”) has announced that the offer to acquire all of the issued and outstanding common shares (the “Common Shares”) of Avesoro not currently owned by AJL or any of its affiliates or associates for £1.00 (or its equivalent in Canadian or U.S. dollars) in cash per Common Share (the “Offer”), as exte ..read more
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Avesoro Announces Extension by Avesoro Jersey Limited of Offer to Acquire the Common Shares of Avesoro for Mandatory Extension Period to December 3, 2019
Avesoro Resources
by avesoro
4y ago
25 November 2019 Avesoro Resources Inc. TSX: ASO AIM: ASO Avesoro Announces Extension by Avesoro Jersey Limited of Offer to Acquire the Common Shares of Avesoro for Mandatory Extension Period to December 3, 2019 Avesoro Resources Inc. (the “Company” or “Avesoro”) announces further to its announcements on August 20, 2019, September 1, 2019, October 17, 2019 and October 21, 2019, that its controlling shareholder, Avesoro Jersey Limited (“AJL”)’s offer to acquire all of the issued and outstanding common shares (the “Common Shares”) of the Company not currently owned by AJL or any of its affiliate ..read more
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FINANCIAL RESULTS AND OPERATIONAL UPDATE FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2019
Avesoro Resources
by avesoro
4y ago
14 November 2019 Avesoro Resources Inc. TSX: ASO AIM: ASO FINANCIAL RESULTS AND OPERATIONAL UPDATE FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2019 Avesoro Resources Inc. (“Avesoro” or the “Company”), the TSX and AIM listed West African gold producer announces the release of its unaudited Financial Statements (“FS”) and Management’s Discussion and Analysis (“MD&A”) for the quarter (the “Quarter” or “Q3”) and nine months (“YTD”) ended September 30, 2019. Serhan Umurhan, Chief Executive Officer of Avesoro, commented: “Avesoro’s financial performance in Q3 was affected by the operationa ..read more
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Loan Agreement
Avesoro Resources
by avesoro
4y ago
October 21, 2019 Avesoro Resources Inc. TSX: ASO AIM: ASO Loan Agreement Avesoro Resources Inc (the “Company” or “Avesoro”) announces that it has entered into a loan agreement in connection with an additional working capital facility (the “New Facility”) of up to US$5,000,000, in a total of two tranches, with Avesoro Jersey Limited (“AJL”) to assist with satisfying the Company’s near term cashflow needs. Loan Agreement The Company intends to draw down a first tranche of US$3,500,000 in the coming days, with the funds being made available for general working capital purposes. The second tranch ..read more
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Avesoro Announces Filing of Directors’ Circular in Response to Take-over Bid by Avesoro Jersey Limited
Avesoro Resources
by avesoro
4y ago
21 October 2019 Avesoro Resources Inc. TSX: ASO AIM: ASO Avesoro Announces Filing of Directors’ Circular in Response to Take-over Bid by Avesoro Jersey Limited Avesoro Resources Inc (the “Company” or “Avesoro”) announces further to its announcements on August 20, 2019, September 1, 2019, and October 17, 2019, that it has today filed a directors’ circular (“Directors’ Circular”) in connection with the offer (the “Offer“) made on October 17, 2019 by Avesoro Jersey Limited (“AJL“) to purchase all of the issued and outstanding common shares of the Company (“Common Shares“) not already owned by AJ ..read more
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Avesoro Announces Insider Bid and Abridgment of Deposit Period
Avesoro Resources
by avesoro
4y ago
17 October 2019 Avesoro Resources Inc. TSX: ASO AIM: ASO Avesoro Announces Insider Bid and Abridgment of Deposit Period Avesoro Resources Inc (the “Company” or “Avesoro”) announces that, further to its announcements on August 20, 2019 and September 1, 2019, its controlling shareholder, Avesoro Jersey Limited (“AJL”), has formally commenced an insider bid (the “Offer”) to acquire all of the issued and outstanding shares of the Company, other than shares owned by AJL, at a price of £1.00 per share. The special committee (the “Special Committee”) of the board of directors (the “Board”) of the Co ..read more
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Q3 2019 Production Update
Avesoro Resources
by avesoro
4y ago
October 10, 2019 Avesoro Resources Inc. TSX: ASO AIM: ASO Q3 2019 Production Update Avesoro Resources Inc (the “Company” or “Avesoro”) announces its preliminary production results for the quarter ended September 30, 2019 (“Q3” or the “Quarter”) from its New Liberty Gold Mine (“New Liberty”) in Liberia, and Youga Gold Mine (“Youga”) in Burkina Faso. Operational Highlights Consolidated gold production of 22,678 ounces in the Quarter, bringing year to date (“YTD”) 2019 gold production to 102,113 ounces; New Liberty gold production of 8,059 ounces in the Quarter, a 57% decrease on Q2 2019, due to ..read more
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