14 May 2010late filing notice▼ Bad
ATHENA GOLD CORP notified the SEC that its quarterly report would be filed late.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
30 Apr 2010financial restatement▼ BadMajor
Newly renamed Athena Silver disclosed its FY2008 and early-2009 financial statements could no longer be relied on: related-party debt forgiveness had been wrongly booked as a gain rather than contributed capital, forcing a restatement of the 10-K and three 10-Qs.
22 Apr 2010securities registration● Neutral
ATHENA GOLD CORP amended a filing by which it filed notice of an exempt private placement.
22 Apr 2010capital raising announcement▲ Good
Athena Silver raised another $200,000, selling 2,000,000 shares at $0.10 to a mix of related parties and outside investors for working capital -- continued funding of the Langtry exploration push.
What it means for a shareholder
2.0m new shares at US$0.100 to raise about US$200,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
30 Mar 2010late filing notice▼ Bad
ATHENA GOLD CORP notified the SEC that its annual report would be filed late.
18 Mar 2010substantial holder notice● Neutral
Clifford L. Neuman reported a ATHENA GOLD CORP shareholding of 2,865,500 shares (12.90% of votes) in a periodic institutional filing.
15 Mar 2010capital raising announcement● Neutral
Athena Minerals signed the definitive 20-year Lease and Option to Purchase for the 413-acre Langtry property, superseding a preliminary Sale and Purchase Agreement from December 2009 -- formalizing the deal underpinning Athena's new silver-mining identity. 220,000 shares were issued as part of the consideration.
11 Feb 2010securities registration● Neutral
ATHENA GOLD CORP filed notice of an exempt private placement.
5 Feb 2010capital raising announcement▲ GoodMajor
Newly renamed Athena Silver Corporation sold the first tranche of a private offering -- 1,095,000 shares at $0.10 for $109,500 cash -- the first capital raised under the new mining identity, with a further tranche to follow.
What it means for a shareholder
1.1m new shares at US$0.100 to raise about US$109,500. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
7 Jan 2010material agreement▲ GoodMajor
The company abandoned brewing altogether: new subsidiary Athena Minerals optioned a 413-acre patented silver/barite claim block in San Bernardino County's Calico Mining District -- decades-old, unverified estimates put roughly 52 million ounces of silver on the property -- and shareholders approved renaming the company Athena Silver Corporation. A full pivot from beer to mining.
29 Dec 2009director interest notice● Neutral
ATHENA GOLD CORP 10%+ owner Clifford L Esq Neuman sold 86,500 shares at $0.05.
3 Dec 2009director interest notice● Neutral
ATHENA GOLD CORP 10%+ owner Clifford L Esq Neuman sold 6,000 shares.
12 Nov 2009late filing notice▼ Bad
ATHENA GOLD CORP notified the SEC that its quarterly report would be filed late.
27 Oct 2009director interest notice● Neutral
ATHENA GOLD CORP 10%+ owner Clifford L Esq Neuman sold 5,000 shares at $0.05.
11 Aug 2009late filing notice▼ Bad
ATHENA GOLD CORP notified the SEC that its quarterly report would be filed late.
31 July 2009director interest notice● Neutral
Clifford L Esq Neuman became a ATHENA GOLD CORP 10%+ owner and company insider (initial ownership filing).
31 July 2009substantial holder notice● Neutral
Neuman, Clifford L disclosed a new substantial ATHENA GOLD CORP shareholding (13.32% of votes).
17 July 2009substantial holder notice● Neutral
Shana Capital, Ltd. and 1 other disclosed a new substantial ATHENA GOLD CORP shareholding (11.27% of votes).
17 July 2009director interest notice● Neutral
Shana Capital LTD became a ATHENA GOLD CORP 10%+ owner and company insider (initial ownership filing).
2 July 2009asset acquisition disposition▼ Bad
Golden West completed the sale of its former brewery equipment for $170,000, closing out the discontinued Chico brewing operation.
1 July 2009substantial holder notice● Neutral
Clifford L. Neuman reported a ATHENA GOLD CORP shareholding of 1,860,500 shares (9.30% of votes) in a periodic institutional filing.
1 July 2009substantial holder notice● Neutral
Webquest, Inc. and 1 other disclosed a new substantial ATHENA GOLD CORP shareholding (11.25% of votes).
1 July 2009director interest notice● Neutral
Webquest INC. became a ATHENA GOLD CORP 10%+ owner and company insider (initial ownership filing).
29 June 2009substantial holder notice● Neutral
John C. Power reported a ATHENA GOLD CORP shareholding of 3,703,475 shares (18.50% of votes) in a periodic institutional filing.
29 June 2009substantial holder notice● Neutral
JOHN D. GIBBS reported a ATHENA GOLD CORP shareholding of 6,839,500 shares (32.60% of votes) in a periodic institutional filing.
29 June 2009substantial holder notice● Neutral
JOHN D. GIBBS reported a ATHENA GOLD CORP shareholding of 6,839,500 shares (32.60% of votes) in a periodic institutional filing.
19 June 2009capital raising announcement▼ BadMajor
Outside counsel Clifford Neuman converted $100,000 in accrued fees and a convertible debenture into 2.5 million shares priced at a 20% discount to market -- the brewery paying off an insider with deeply discounted stock as cash ran out, shortly before the business was wound down and repurposed as a mining shell.
14 May 2009late filing notice▼ Bad
ATHENA GOLD CORP notified the SEC that its quarterly report would be filed late.
6 May 2009debt financing▼ Bad
More insider financing: $24,000 notes from both outside counsel Clifford Neuman and CEO Power, plus a factoring arrangement pledging the beer subsidiary's receivables -- the cash crunch from the brewery wind-down persisted.
31 Mar 2009late filing notice▼ Bad
ATHENA GOLD CORP notified the SEC that its annual report would be filed late.