4 Jan 2011securities registration● Neutral
Santa Fe Gold CORP filed a prospectus supplement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 Jan 2011director interest notice● Neutral
Santa Fe Gold CORP director Lawrence G Olson received a stock option grant for 75,000 shares.
4 Jan 2011director interest notice● Neutral
Santa Fe Gold CORP director John E. Frost received a stock option grant for 75,000 shares.
9 Nov 2010quarterly activities report▼ Bad
Santa Fe Gold CORP reported quarterly revenue of $777 thousand and a net loss of $4.0 million for the period ended 2010-09-30.
27 Sept 2010business combination● NeutralMajor
On September 24, 2010 Santa Fe Gold signed a non-binding memorandum of understanding to acquire Columbus Silver Corporation (TSXV: CSC) for Santa Fe shares, at 1 Santa Fe share per 5.82515 Columbus shares. About 8,787,527 shares (valued around $9.93 million) would be issued, leaving Columbus holders with 8.63% of the company. It needs Canadian court approval, board, exchange, regulatory and Columbus shareholder approvals.
10 Sept 2010late filing notice▼ Bad
Santa Fe Gold CORP notified the SEC that its annual report would be filed late.
17 Aug 2010substantial holder notice● Neutral
Sigma Planning Corporation reported a Santa Fe Gold CORP shareholding of 359,500 shares (0.39% of votes) in a periodic institutional filing.
11 June 2010director interest notice● Neutral
Santa Fe Gold CORP President W Pierce Carson received 200,000 shares and a 200,000-share option grant as part of the equity award.
11 June 2010director interest notice● Neutral
Santa Fe Gold CORP director John E. Frost received 50,000 shares and a 50,000-share option grant as part of the equity award.
11 June 2010director interest notice● Neutral
Santa Fe Gold CORP director Lawrence G Olson received 50,000 shares and a 50,000-share option grant as part of the equity award.
21 Apr 2010director interest notice● Neutral
Santa Fe Gold CORP director Lawrence G Olson bought 100,000 shares on the open market at $0.95.
20 Jan 2010material agreement▲ GoodMajor
Santa Fe Gold agreed to sell $10.0 million of units to 23 institutional investors through Rodman & Renshaw: 7,692,310 shares plus warrants for 3,846,155 more shares at $1.70, with closing scheduled for January 20, 2010. Expected net proceeds are about $9,350,000, to be used for general purposes including Summit working capital, more feed for the Lordsburg mill, the Ortiz and Pilar gold projects and acquisitions. This is the offering off the shelf registration filed in late 2009; it adds shares and warrants (dilution), and the company agreed not to issue more stock for 90 days.
20 Jan 2010securities registration● Neutral
Santa Fe Gold CORP filed a prospectus supplement for an offering off its existing shelf.
5 Jan 2010director interest notice● Neutral
Santa Fe Gold CORP director Lawrence G Olson received a stock option grant for 75,000 shares.
5 Jan 2010director interest notice● Neutral
Santa Fe Gold CORP director John E. Frost received a stock option grant for 75,000 shares.
23 Dec 2009substantial holder notice● Neutral
Sigma Planning Corporation, Wayne Pirmann disclosed a new substantial Santa Fe Gold CORP shareholding (12.10% of votes).
11 Dec 2009securities registration● Neutral
Santa Fe Gold CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
27 Nov 2009securities registration● Neutral
Santa Fe Gold CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
16 Nov 2009late filing notice▼ Bad
Santa Fe Gold CORP notified the SEC that its quarterly report would be filed late.
13 Nov 2009securities registration● Neutral
Santa Fe Gold CORP registered a securities offering with the SEC using its shelf eligibility.
28 Sept 2009late filing notice▼ Bad
Santa Fe Gold CORP notified the SEC that its annual report would be filed late.
17 Sept 2009asset acquisition disposition● NeutralMajor
On September 11, 2009 the company signed a gold sale agreement with Sandstorm Resources for $4.0 million upfront, of which $500,000 is paid and $3.5 million depends on conditions including receiving all permits to build and operate Summit. Sandstorm gets 50% of the first 10,000 ounces of gold and 22% afterward (possibly cut to 15% if performance targets are met), paying the lesser of $400 per ounce or market price. If conditions aren't met by January 11, 2010 and Sandstorm terminates, the $500,000 becomes a loan; the deposit may also have to be returned in some termination events.
25 Aug 2009capital raising announcement● NeutralMajor
Effective June 30, 2009 the company and Sulane Holdings, holder of the $13.5 million debentures, amended the deal: $974,360 of accrued interest converted into 974,360 shares at $1.00, and interest for the September and December 2009 quarters will also be paid in shares at $1.00. Sulane may elect share payment for later interest, and waived any default. This conserves cash but increases the share count.
21 July 2009director interest notice● Neutral
Santa Fe Gold CORP director Lawrence G Olson disposed of 1,150,000 shares via option/appreciation-right settlement.
2 Apr 2009director interest notice● Neutral
Santa Fe Gold CORP President W Pierce Carson had 7,701,494 shares withheld for taxes on vesting stock.
5 Dec 2008director interest notice● Neutral
Santa Fe Gold CORP director Lawrence G Olson received a stock option grant for 75,000 shares.
5 Dec 2008director interest notice● Neutral
Santa Fe Gold CORP director John E. Frost received a stock option grant for 75,000 shares.
14 Nov 2008late filing notice▼ Bad
Santa Fe Gold CORP notified the SEC that its quarterly report would be filed late.
2 Oct 2008director interest notice● Neutral
Santa Fe Gold CORP director Lawrence G Olson had 931,250 shares withheld for taxes on vesting stock.
29 Sept 2008late filing notice▼ Bad
Santa Fe Gold CORP notified the SEC that its annual report would be filed late.