FRE.V - Fremont Gold Ltd.

TSXV - TSXV Delayed Price. Currency in CAD
0.1250
+0.0150 (+13.64%)
At close: 3:59PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close0.1100
Open0.1150
Bid0.1100 x N/A
Ask0.1250 x N/A
Day's Range0.1150 - 0.1250
52 Week Range0.0400 - 0.1400
Volume289,374
Avg. Volume116,654
Market Cap9.776M
Beta (5Y Monthly)-0.14
PE Ratio (TTM)N/A
EPS (TTM)-0.0270
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • U.S. Western Metals & Mining Investor Presentations Now Available for On-Demand Viewing
    PR Newswire

    U.S. Western Metals & Mining Investor Presentations Now Available for On-Demand Viewing

    Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the U.S. Western Metals & Mining Virtual lnvestor Conference presentations are now available for on-demand viewing.

  • CNW Group

    U.S. Western Metals & Mining Live Virtual Investor Conference June 30th

    U.S. Western Metals & Mining Live Virtual Investor Conference June 30th

  • Fremont Commences Phase 1 Drill Program at the Past Producing Griffon Gold Project
    Newsfile

    Fremont Commences Phase 1 Drill Program at the Past Producing Griffon Gold Project

    Vancouver, British Columbia--(Newsfile Corp. - June 25, 2020) -  Fremont Gold Ltd. (TSXV: FRE) (OTCQB: FRERF) (FSE: FR2) ("Fremont" or the "Company") is pleased to announce that drilling has commenced at the past producing Griffon gold project ("Griffon"), located at the southern end of the Cortez Trend, Nevada (see Figure 1). The Cortez Trend is one of the most prolific gold trends in the world and is home to Nevada Gold Mines' Cortez Mine ...

  • Fremont Gold Ltd. to Webcast Live at VirtualInvestorConferences.com June 30th
    PR Newswire

    Fremont Gold Ltd. to Webcast Live at VirtualInvestorConferences.com June 30th

    Fremont Gold Ltd. ("Fremont" or the "Company") (FRE: TSXV; OTCQB: FRERF) is pleased to announce that Blaine Monaghan, Fremont's CEO, will present live at VirtualInvestorConferences.com on June 30th. Mr. Monaghan will discuss the drill program at the past producing Griffon gold project, located at the southern end of the Cortez Trend, Nevada, and Fremont's strategy to create shareholder value in a rising gold price environment.

  • Is the Options Market Predicting a Spike in Revlon (REV) Stock?
    Zacks

    Is the Options Market Predicting a Spike in Revlon (REV) Stock?

    Investors need to pay close attention to Revlon (REV) stock based on the movements in the options market lately.

  • Brawls Erupt in U.S. Debt Markets After Borrowers Get Desperate
    Bloomberg

    Brawls Erupt in U.S. Debt Markets After Borrowers Get Desperate

    (Bloomberg) -- A massive wave of corporate distress is pitting beleaguered companies against their lenders in brawls that are shaping up to be nastier than ever before.Desperate firms and their private equity owners are seeking to take advantage of years of weakening creditor protections to help cut obligations and raise cash after the coronavirus outbreak brought businesses to a standstill. Be it via allowances written into borrowing documents when times were good or simply loopholes in deal terms, they’re siphoning collateral and transferring assets while pushing deeply discounted debt swaps onto investors, who risk seeing the value of their bonds and loans plunge if they don’t go along.Still, money managers aren’t just rolling over. Credit powerhouses like GSO Capital Partners, BlackRock Inc. and HPS Investment Partners have lined up scores of lawyers and financial advisers to defend their interests, often finding themselves at odds with one another as they fight for the biggest piece of a shrinking pie. As the gloves come off, industry veterans say tensions are as high as they’ve ever seen.“You have more and more aggressive people holding this stuff and private equity firms have gamed every nook of credit agreements,” said Dan Zwirn, chief executive officer of Arena Investors, which manages $1.4 billion. “As people get desperate, there are going to be a lot more of these.”The conflicts underscore how the legacy of the last crisis is being felt as the current one unfolds. The Federal Reserve’s relentless interest-rate cutting and quantitative easing spurred a surge in demand for higher-yielding assets, helping risky companies sell debt with fewer lender safeguards. Now, amid a fresh bout of economic pain, the effects of those policies are coming to bear.One such fight recently played out between Sinclair Broadcast Group Inc. and its creditors.The company through a subsidiary sold $1.8 billion of unsecured notes last year to fund the acquisition of Walt Disney Co.’s regional sports networks. Those securities have plunged as the pandemic left stations with no professional sporting events to televise.Relatively loose provisions in the bond documents helped embolden Sinclair to pursue a debt exchange that asked holders to take a 40% haircut and swap into debt secured by the company’s assets.Lenders late last month balked at the terms, and a group led by Shenkman Capital Management organized to block the exchange. The response from Sinclair was ominous: the company said it was weighing other options including a possible maneuver that would shift company collateral out of creditor reach if the exchange offer was not successful.The potential moves were “threats” that appeared designed to pressure lenders, according to Covenant Review, which called the outstanding bond’s safeguards among the weakest it had ever seen.“Issuers are being more aggressive in the way they are going about debt exchanges; they’re looking for additional ways to coerce bondholders that haven’t been interested in participating,” said Scott Josefsberg, an analyst at the debt research firm. “But investors are putting up a fight so far.”Sinclair ultimately exchanged around 3.6% of eligible notes.A representative for the broadcaster had no immediate comment, while Shenkman declined to comment beyond confirming its role leading the creditor group.Sinclair’s exchange offer was hardly the only one to provoke the ire of investors in recent weeks.SM Energy Co.’s efforts to get creditors to swap their bonds into new securities at 50% to 65% of face value have faced significant pushback. With only about 10% of note holders agreeing to tender last month, the oil and gas driller struck a separate agreement with a group of creditors led by BlackRock.The side deal was designed to backstop the exchange, and the BlackRock-led group got better terms for swapping its debt versus what was offered to other creditors. The move infuriated other lenders, who organized with law firm Weil Gotshal & Manges to oppose the deal.Bondholders that accept the exchange must agree to eliminate almost all restrictive covenants on the existing debt, which would hurt anyone who doesn’t participate. The deadline for the tender has been extended to June 12.SM Energy, BlackRock and Weil Gotshal & Manges didn’t respond to requests seeking comment.Revlon ClashAnalysts have been warning investors for years that weakening protections would ultimately have costs as investors ceded more and more ground to borrowers. Yet despite the recent surge in corporate stress, a Moody’s Investors Service gauge of bond covenant quality remained near the weakest on record in April. A similar tracker for loans reached its lowest ever in the fourth quarter, the most recent data available.Lender safeguards played a major role in Revlon Inc.’s contentious $1.8 billion debt overhaul last month.Creditors including Brigade Capital Management and HPS had organized to block the company’s refinancing plan because it allowed the firm to siphon off collateral and use it to back new debt. Supporters of the plan included Ares Management Corp. and Angelo Gordon & Co.The deal needed more than 50% of the holders signed on to close. At first, opposing lenders held a blocking position with a majority of the outstanding loan amount opting out. But Revlon secured a new $65 million revolving credit facility from the supportive lenders -- which the company says was permitted under its covenants -- ultimately giving it enough backing to push the deal through.Some lenders continue to contest the transaction, arguing that Revlon needed the majority of debt holders of every tranche to agree, and maintaining that the company breached covenants when it moved certain intellectual property to secure a $200 million loan last year, according to people with knowledge of the matter.Still any creditors that chose not to participate in the refinancing were demoted from having a first-priority claim on company assets to a third-lien claim.“Revlon is strengthening its balance sheet and increasing liquidity to better deal with the issues at hand, including Covid-19,” Chief Financial Officer Victoria Dolan said in a statement to Bloomberg. “This group of objecting lenders is trying to block that. We are confident that we will overcome this effort to hurt our company.”Representatives for Brigade, HPS, Ares and Angelo Gordon declined to comment.Transactions involving collateral transfers have been among the most fiercely contested between creditors and private equity firms scrambling to protect their investments.Paul Singer’s Elliott Management Corp. last month became locked in a fight with lenders of global bookings operator Travelport, which Elliott bought last year with Siris Capital Group. The owners shifted intellectual property estimated to be worth more than $1 billion to an unrestricted subsidiary -- putting it out of reach of the creditors -- to help it raise cash.Lenders led by GSO demanded that Travelport unwind the transaction for violating indenture agreements, and declared the step a default. The owners, who argue it was permitted, told them they would reverse the asset transfer if the creditors provided roughly $500 million of new financing and rolled up some existing debt holdings at a discount.The dispute has gotten so heated, Bank of America Corp. last month surrendered its role as administrator of Travelport’s loan to avoid taking a side in the feud, while Kirkland & Ellis recently resigned as the company’s legal representation, according to people familiar with the matter.With the sides at loggerheads, the private equity owners supplied the financing themselves in a loan backed by the disputed collateral, a move that’s likely to further inflame the situation.Representatives for Travelport, Elliott, Siris, GSO and Bank of America declined to comment, while Kirkland & Ellis didn’t have an immediate comment.‘Fight Like Dogs’Industry veterans say creditors should no longer be surprised when private equity sponsors use asset transfers, spinoffs, carve outs and other such moves following a number of high profile and hotly contested maneuvers in recent years.“Anyone professing to be shocked by it probably hasn’t been around very long,” said Philip Brendel, a senior credit analyst at Bloomberg Intelligence.Yet with creditors so far showing little appetite to push for stronger covenants in borrowing documents, market watchers warn to expect more brawls in the months and years ahead.“Rates were suppressed long after they should have been; it drove yield hunger and a non-bank explosion that created misalignments,” Arena Investors’ Zwirn said. “Now they’re learning once again, there are consequences. We are at just the beginning of this thing. They’re going to fight like dogs to avoid those consequences.”(Updates with final Sinclair exchange results in 12th paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Revlon, Chanel, L'Oréal Are Quietly Removing Talc From Their Products As Cancer Lawsuits Mount: Report
    Benzinga

    Revlon, Chanel, L'Oréal Are Quietly Removing Talc From Their Products As Cancer Lawsuits Mount: Report

    Revlon Inc. (NYSE: REV), L'Oreal SA (OTC: LRLCY), and Chanel have either eliminated or are in the process of eliminating talc from their cosmetic products, Reuters reported Monday.What Happened The move comes as the companies face lawsuits over the talc products possibly containing traces of Asbestos, which is a known carcinogen.Privately held French beauty products maker Chanel removed talc from its loose face powder and killed a line of body talc-based powder, Reuters reported based on court documents filed in one of the lawsuits.Revlon has also eliminated talc from its body powders, and L'Oreal is exploring alternatives to the controversial mineral, according to Reuters.Johnson & Johnson (NYSE: JNJ) has particularly come under fire for its baby powder allegedly containing traces of the cancer-causing Asbestos, and the company last month withdrew the powder line from its market in the United States and Canada.Price Action Revlon shares traded at $13.09, 0.83% lower, at press time, while L'Oreal stock traded 0.42% lower, at $59.93 in the otc market.Image: WIkimediaSee more from Benzinga * Alibaba To Add 5,000 Workers To Its Cloud Division As It Plans B Investment * Carvana Rival Vroom Raises 7.5M In IPO As Online Auto Retail Business Sees Surge * 3M Sues Amazon Seller For Price Gouging Of Its N95 Masks During Coronavirus Pandemic(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Road Construction Underway at Griffon Gold Project; Fremont to Host Webinar June 17
    Newsfile

    Road Construction Underway at Griffon Gold Project; Fremont to Host Webinar June 17

    Vancouver, British Columbia--(Newsfile Corp. - June 9, 2020) - Fremont Gold Ltd. (TSXV: FRE) (OTCQB: FRERF) (FSE: FR2) ("Fremont" or the "Company") is pleased to announce that road and drill pad construction is underway at the past producing Griffon gold project ("Griffon"), located at the southern end of the Cortez Trend, Nevada (see Figure 1), and that Nevada-based Envirotech Drilling LLC has been selected as the drill contractor. The fully funded Phase 1 ...

  • Exclusive: Chanel, Revlon, L'Oreal pivoting away from talc in some products
    Reuters

    Exclusive: Chanel, Revlon, L'Oreal pivoting away from talc in some products

    Chanel, Revlon and L'Oreal, three of the biggest brands in cosmetics, are quietly moving away from using talc in some products as U.S. cancer lawsuits and consumer concerns mount. Luxury beauty company Chanel has removed talc from a loose face powder and dropped a talc body powder because of negative perceptions around the mineral, court documents reviewed by Reuters show. Revlon Inc removed talc from its body products, and L'Oreal SA is exploring alternatives for the mineral, those companies told Reuters.

  • Fremont Permits 18 Drill Sites at the Griffon Gold Project; Drilling to Start Next Month
    Newsfile

    Fremont Permits 18 Drill Sites at the Griffon Gold Project; Drilling to Start Next Month

    Vancouver, British Columbia--(Newsfile Corp. - May 26, 2020) -  Fremont Gold Ltd. (TSXV: FRE) (OTCQB: FRERF) (FSE: FR2) ("Fremont") is pleased to provide an update regarding the upcoming drill program at the past producing Griffon gold project ("Griffon"), located at the southern end of the Cortez Trend, Nevada (see Figure 1). The Cortez Trend is one of the most prolific gold trends in the world and is home to Nevada Gold Mines' Cortez Mine (963koz gold in 2019). ...

  • Have Insiders Been Buying Fremont Gold Ltd. (CVE:FRE) Shares This Year?
    Simply Wall St.

    Have Insiders Been Buying Fremont Gold Ltd. (CVE:FRE) Shares This Year?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...

  • Fremont Doubles Land Position at Griffon Gold Project
    Newsfile

    Fremont Doubles Land Position at Griffon Gold Project

    Vancouver, British Columbia--(Newsfile Corp. - May 7, 2020) - Fremont Gold Ltd. (TSXV: FRE) (OTCQB: FRERF) (FSE: FR2) ("Fremont" or the "Company") is pleased to announce that is has staked an additional 90 claims at the Griffon gold project ("Griffon" or the "Project"), doubling the size of the Project area from 89 claims to 179 claims or approximately 15 square kilometres. The additional claims cover the projected extensions of soil and rock chip ...

  • Fremont to Trade on OTCQB; B. Riley FBR, Inc. Acted as Fremont's Sponsor
    Newsfile

    Fremont to Trade on OTCQB; B. Riley FBR, Inc. Acted as Fremont's Sponsor

    Vancouver, British Columbia--(Newsfile Corp. - April 22, 2020) - Fremont Gold Ltd. (TSXV: FRE) (OTCQB: FRERF) (FSE: FR2) ("Fremont" or the "Company") is pleased to announce that the Company's common shares have begun trading on the OTCQB Venture Market ("OTCQB") under the ticker symbol "FRERF". B. Riley FBR, Inc., a U.S. based investment bank with extensive experience in the OTC process, acted as Fremont's OTCQB sponsor. "As a gold exploration company 100% focused on ...

  • B2Gold Corp. Executive Joins Fremont's Board of Directors
    Newsfile

    B2Gold Corp. Executive Joins Fremont's Board of Directors

    Vancouver, British Columbia--(Newsfile Corp. - April 20, 2020) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC Pink: USTDF) ("Fremont" or the "Company") is pleased to announce that Randall Chatwin, the current Vice President, Associate General Counsel of B2Gold Corp. and former Vice President, Assistant General Counsel of Goldcorp Inc., has been appointed to the Company's board of directors. "Randall is an excellent addition to Fremont's board of directors," said Blaine Monaghan, CEO ...

  • Fremont Appoints Jamie Robinson as Technical Advisor for Griffon Gold Project
    Newsfile

    Fremont Appoints Jamie Robinson as Technical Advisor for Griffon Gold Project

    Vancouver, British Columbia--(Newsfile Corp. - March 26, 2020) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC PINK: USTDF) ("Fremont" or the "Company") is pleased to announce that the Company has appointed Jamie Robinson, Ph.D., P.G., as a technical advisor for the Griffon gold project, located at the southern end of the Cortez Trend, Nevada.From 1992 to 1997, Mr. Robinson was the exploration manager of Alta Gold Co. ("Alta"), the former operator of the ...

  • Newsfile

    Fremont Retains G2 Consultants to Provide Financial Public Relations Services

    Vancouver, British Columbia--(Newsfile Corp. - March 16, 2020) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC Pink: USTDF) ("Fremont" or the "Company") is pleased to announce that the Company has entered into a consulting agreement with G2 Consultants Corp. ("G2"), a financial public relations firm, to increase Fremont's profile within the financial community."I worked with G2 when I was a member of Canplats Resources Corporation's senior management team," said Blaine Monaghan, CEO of ...

  • Fremont Gold Closes Oversubscribed Financing to Drill past Producing Griffon Gold Project
    Newsfile

    Fremont Gold Closes Oversubscribed Financing to Drill past Producing Griffon Gold Project

    Vancouver, British Columbia--(Newsfile Corp. - February 14, 2020) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC PINK: USTDF) ("Fremont" or the "Company") is pleased to announce that it has closed the previously announced non-brokered private placement financing (the "Private Placement") through the issuance of 24,700,332 units ("Units") at a price of $0.06 per Unit for gross proceeds of $1,482,020. Net proceeds of the Private Placement will be used for general working ...

  • Fremont Gold Increases Financing to $1.47 Million
    Newsfile

    Fremont Gold Increases Financing to $1.47 Million

    Vancouver, British Columbia--(Newsfile Corp. - February 7, 2020) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC Pink: USTDF) ("Fremont" or the "Company") is pleased to announce that due to strong demand, the Company is increasing the previously announced non-brokered private placement (the "Private Placement") from $1,020,000 (see news release dated January 24, 2020) to $1,470,000. Net proceeds of the Private Placement will be used for general working capital and for a drill ...

  • Fremont to Raise $1.0 Million
    Newsfile

    Fremont to Raise $1.0 Million

    Vancouver, British Columbia--(Newsfile Corp. - January 24, 2020) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC Pink: USTDF) ("Fremont" or the "Company") is pleased to announce the offering of a non-brokered private placement of up to 17,000,000 units at a price of $0.06 per unit for gross proceeds of up to $1,020,000 (the "Private Placement"). Net proceeds of the Private Placement will be used for general working capital and to advance Fremont's property ...

  • Newsfile

    Dennis Moore Announces Filing of Early Warning Report Related to Acquisition of Common Shares of Fremont Gold Ltd.

    Vancouver, British Columbia--(Newsfile Corp. - January 16, 2020) - Dennis Moore of Lisbon, Portugal, announces that he has acquired 98,000 common shares of Fremont Gold Ltd. (the "Company"), representing 0.18% of the outstanding shares of the Company. The securities were acquired at a deemed price of $0.07 per share for the total value of $6,860.00 through the TSX Venture Exchange. The Company's head office is located at 1500 - 409 Granville Street, Vancouver, British ...

  • Fremont Gold Provides an Overview of 2019 and Its Plans for 2020
    Newsfile

    Fremont Gold Provides an Overview of 2019 and Its Plans for 2020

    Vancouver, British Columbia--(Newsfile Corp. - January 6, 2020) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC Pink: USTDF) ("Fremont" or the "Company") is pleased to provide shareholders with an overview of 2019 and the Company's plans for 2020.Fremont made the following announcements at the end of 2018 and in 2019:Closed an oversubscribed financing to drill the Gold Bar project (see news release dated December 6, 2018);Appointed Douglas Hurst to the Advisory Board (see ...

  • Fremont Gold To Acquire Past Producing Griffon Gold Project from Liberty Gold
    Newsfile

    Fremont Gold To Acquire Past Producing Griffon Gold Project from Liberty Gold

    Vancouver, British Columbia--(Newsfile Corp. - December 18, 2019) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC Pink: USTDF) ("Fremont") is pleased to announce that it has entered into a purchase option agreement (the "Agreement") with Pilot Gold (USA) Inc. ("Pilot"), a wholly owned subsidiary of Liberty Gold Corp. (TSX: LGD), to acquire 100% of the past-producing Griffon gold project ("Griffon"), located in White Pine county, Nevada.Griffon highlightsLocation: Comprised of 89 unpatented ...

  • Can We See Significant Insider Ownership On The Fremont Gold Ltd. (CVE:FRE) Share Register?
    Simply Wall St.

    Can We See Significant Insider Ownership On The Fremont Gold Ltd. (CVE:FRE) Share Register?

    A look at the shareholders of Fremont Gold Ltd. (CVE:FRE) can tell us which group is most powerful. Insiders often own...

  • Fremont Gold Enters into Option Agreement to Acquire 100% of Advanced-Stage Cobb Creek Gold Project
    Newsfile

    Fremont Gold Enters into Option Agreement to Acquire 100% of Advanced-Stage Cobb Creek Gold Project

    Vancouver, British Columbia--(Newsfile Corp. - September 30, 2019) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC Pink: USTDF) ("Fremont") is pleased to announce that it has entered into an option agreement (the "Option Agreement") with Clover Nevada II, LLC ("Clover"), a wholly owned subsidiary of Contact Gold Corp. (TSXV: C), to acquire a 100% interest in the advanced-stage Cobb Creek gold project ("Cobb Creek") located in Elko county, Nevada.Cobb Creek highlightsHistorical mineral resource ...

  • Ely Gold Royalties Announces Sale of Gold Canyon Option to McEwen Mining
    Newsfile

    Ely Gold Royalties Announces Sale of Gold Canyon Option to McEwen Mining

    Gold Canyon Property Includes 26 Unpatented Mining Claims of a Past Operating Gold Mine That Produced 41,000 Ounces Vancouver, British Columbia--(Newsfile Corp. - August 20, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") is pleased to announce that it has granted its consent for Fremont Gold Corp. (TSXV: FRE) ("Fremont") to sell its option to acquire a 100% interest in the Gold Canyon Claims, located in Eureka County, Nevada (the ...