VANCOUVER, BC--(Marketwired - March 30, 2016) - Newmarket Gold ("Newmarket Gold" or the "Company") (TSX:NMI)(OTCQX:NMKTF) announces today that an aggregate $34.29 million of its $34.5 million 8% convertible unsecured debentures due April 30, 2018 (the "Debentures") were converted by the holders into common shares prior to the redemption date. The Company will redeem the remaining unconverted Debentures today. An aggregate of 10,287 common shares of the Company will be issued to complete the redemption, and accrued and unpaid interest up to, but excluding, the redemption date, will be settled in cash. Following the redemption, the Company will have approximately 174.7 million shares issued and outstanding.
Douglas Forster, President and Chief Executive Officer of Newmarket Gold commented, "With the conversion and full redemption of all outstanding Debentures, Newmarket's current solid financial position will be further strengthened as the Company will be essentially debt free with no additional future Debenture interest payments. Newmarket is exceptionally well positioned for growth with a strong cash position, essentially no debt and unhedged gold production from our three Australian gold mines."
Da wollen wir den Chart einmal festhalten. Seit Umwandlung von CRK zu NMI hat sich die Aktie mehr als verdoppelt. Die Zahlen aus der Investor Presentation sehen super aus. Es wird Gold produziert und bei dem aktuellen Goldpreis bereits richtig Geld verdient.
Geschrieben von: Kai Hoffmann 8. April 2016 unter: Allgemein, Rohstoffaktien
Der kanadische Rohstoffinvestor und Milliardär Eric Sprott hat jüngst seinen Anteil an Newmarket Gold deutlich aufgestockt. In einer Transaktion mit Großaktionär Luxor Capital Partners sicherte sich Sprott 10 Mio. Newmarket-Aktien zu einem Preis von 2,25 CAD je Aktie. Sprotts Anteil liegt nach der Transaktion bei 8,7%. Luxor hält noch 28,7%. Sprott hat außerdem die Option weitere 16,2 Mio. Aktien von Luxor zu erwerben. Inzwischen covern 10 Banken Newmarket. Der Kursziel-Konsens liegt bei 3,03 CAD. Wir liegen bei dem Titel seit Erstempfehlung mit 130% im Plus.
"Q1 2016 EPS Estimates for Newmarket Gold Inc Lifted by Beacon Securities (NMI)"
April 15th, 2016 - By Jesse Cantor
Newmarket Gold Inc (TSE:NMI) ? Equities research analysts at Beacon Securities upped their Q1 2016 earnings per share estimates for shares of Newmarket Gold in a research report issued to clients and investors on Wednesday, according to Zacks Investment Research. Beacon Securities analyst M. Curran now anticipates that the brokerage will post earnings of $0.05 per share for the quarter, up from their previous forecast of $0.03. Beacon Securities also issued estimates for Newmarket Gold?s Q2 2016 earnings at $0.05 EPS, Q3 2016 earnings at $0.05 EPS, Q4 2016 earnings at $0.05 EPS and FY2018 earnings at $0.24 EPS. ... http://maspublicidadymarketing.com/...ifted-by-beacon-securities-nmi/
"Eric Sprott Increases Newmarket Gold Shareholdings to 17.9% by Purchasing 16.2 Million Newmarket Common Shares at $2.80 Per Share"
April 26, 2016
VANCOUVER, BRITISH COLUMBIA?(Marketwired - April 26, 2016) - Newmarket Gold Inc. (?Newmarket? or the ?Company?) (TSX:NMI)(OTCQX:NMKTF) and Eric Sprott are pleased to report that Mr. Sprott will purchase 16,200,000 common shares of Newmarket (the ?Acquired Shares?) from Luxor Capital Partners LP and affiliates (?Luxor?) at a price of $2.80 per Acquired Share for total consideration of $45.4 million. Together with Mr. Sprott?s prior shareholdings in Newmarket, Mr. Sprott will own 31,351,196 common shares of Newmarket representing an approximate 17.9% ownership in the Company. Luxor also granted Mr. Sprott a right of first refusal to purchase up to an additional 22,000,000 common shares of Newmarket. This right expires December 31, 2016.
Mr. Sprott has been granted all voting rights attached to the Acquired Shares effective until the closing of the purchase of the Acquired Shares. Therefore, Mr. Sprott currently exercises control or direction over 31,351,196 common shares of Newmarket, representing approximately 17.9% of the issued and outstanding shares.
Douglas Forster, President and Chief Executive Officer of Newmarket stated: ?Newmarket is very pleased to have Mr. Sprott as a larger shareholder of the Company. We appreciate his continued support as we focus on creating shareholder value from our three producing gold mines in Australia including our flagship Fosterville mine that delivered record quarterly gold production of 33,138 ounces on record grade of 7.34 g/t Au in Q1, 2016.?
Eric Sprott stated: ?Newmarket has a strong balance sheet with approximately US$52 million in the treasury and essentially no debt. Their three gold mines achieved record consolidated production in 2015 and the trend to increasing gold grades and recoveries continues into 2016. I look forward to being a supportive shareholder and participating in the growth of the Company.?
Mr. Sprott will purchase the Acquired Shares for investment purposes. Mr. Sprott has a long-term view of the investment, and he does not intend at this time to acquire additional Newmarket common shares, but may acquire additional shares either on the open market or through private acquisitions or sell the shares either on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.
Luxor continues to hold 33,890,697 common shares of Newmarket representing an approximate 19.3% ownership in the Company with Luxor?s remaining shareholdings being locked-up and restricted from trading until July 10, 2016. Newmarket has approximately 175.6 million common shares issued and outstanding.
Newmarket Gold CEO makes unloved Aussie mines shine
Tue, Apr 26, 2016 - 11:30 AM
Shares of Newmarket Gold have been climbing and investors have noticed. Eric Sprott, a precious metals investor, recently increased his stake in the company to 17.9%. BNN speaks with Douglas Forster, President and CEO of Newmarket Gold about his three Australian mines.