|Bid||1.98 x 0|
|Ask||2.00 x 0|
|Day's Range||1.9700 - 2.0100|
|52 Week Range||1.2800 - 3.1700|
|Beta (3Y Monthly)||14.26|
|PE Ratio (TTM)||25.06|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.83|
Leagold Reports Updated Reserves and Resources at RDM and Fazenda and Recent Fazenda Drill Results
OTCQX:LMCNF) ("Leagold" or the "Company") is pleased to announce an increase of the Proven and Probable mineral reserves (P&P reserves) at the Los Filos open pit to 40.5 million tonnes grading 0.60 g/t containing 780 thousand ounces (koz) of gold as of October 31, 2018 (see Table 1). After accounting for mining depletion of 99 koz from January 1 to October 31, 2018 , the total addition to the Los Filos open pit P&P reserves is 528 koz. Leagold CEO Neil Woodyer commented: "As we are nearing the completion of our site-wide studies on options for Los Filos mine expansion, the integration and scheduling of the mining and processing of the four sources of ore is a complex task to optimize.
OTCQX:LMCNF) ("Leagold" or the "Company") reports the water storage facilities at the RDM mine now have sufficient volumes to support the restart of operations. RDM has commenced the recall of its workforce for an anticipated restart of the processing facility on or around November 20, 2018 . The RDM mine has been on temporary shutdown since early October 2018 , due to regional drought conditions.
VANCOUVER , Oct. 10, 2018 /CNW/ - Leagold Mining Corporation (LMC.TO) (LMCNF) ("Leagold" or the "Company") reports that Adriaan "Attie" Roux has been appointed to a newly created role of Chief Operating Officer ("COO") for an initial term of six months. Mr. Roux is a Metallurgical Engineer with over 40 years of operational, technical and executive management experience in the mining industry. Leagold CEO Neil Woodyer commented: "In line with our significant growth, I am very pleased Attie has joined our team in the role of COO.
OTCQX:LMCNF) ("Leagold" or the "Company") reports that its RDM mine in Brazil has been placed on a temporary shutdown as a result of continued regional drought conditions. Leagold plans to align the restart of the RDM mine in early December 2018 with the commissioning of the grid powerline project. Leagold CEO Neil Woodyer commented: "In 2017, the RDM mine was closed on August 11 and restarted, on an intermittent basis, in early November with the onset of the region's rainy season.
(All amounts in US dollars, unless otherwise indicated) For Q2 2018, Leagold reports financial and operating results that incorporate a partial quarter of results from the newly acquired Brazilian assets. ...
Leagold Reports Q2 2018 Results and Updates 2018 Guidance to Include Recently Acquired Brazilian Operations
OTCQX:LMCNF) ("Leagold" or the "Company") is pleased to announce that on May 24, 2018 it completed its acquisition of Brio Gold Inc. (BRIO.TO) ("Brio") and has acquired all of the issued and outstanding shares of Brio (the "Brio Shares") pursuant to the terms of an Arrangement Agreement entered into between Leagold and Brio on February 15, 2018 (the "Arrangement"). Pursuant to the Arrangement, Leagold acquired from the holders of Brio Shares, all the issued and outstanding Brio Shares in exchange for 0.922 of a common share of Leagold (each whole share, a "Leagold Share") and 0.4 of a share purchase warrant of Leagold (each whole warrant, a "Leagold Warrant"), for each Brio Share. The issuance of Leagold Shares and Leagold Warrants for the Brio Shares has an implied consideration value of approximately C$3.01 per Brio Share as at close of markets on May 23, 2018 , the trading day prior to the closing of the Arrangement, consisting of C$2.868 in Leagold Share consideration based on the 3-day volume weighted average trading price of Leagold Shares on the Toronto Stock Exchange as at May 23, 2018 and C$0.146 in Leagold Warrant consideration, with the warrant valued using Black and Scholes methodology.
Leagold completes acquisition of Brio Gold and welcomes Peter Marrone to Board of Directors
OTCQX:LMCNF) ("Leagold" or the "Company") is pleased to announce the receipt of the clearance decision from the Comisión Federal de Competencia Económica ("COFECE") with respect to Leagold's acquisition of Brio Gold Inc. ("Brio"). COFECE approval was the final government agency approval required before completing the acquisition, which is anticipated to occur on or around May 24, 2018 . This news release contains a "forward-looking statement" related to the anticipated timing of completing the acquisition of Brio.
Leagold's existing $150 million senior secured credit facility has been amended to provide an additional $100 million tranche of funding. The $100 million tranche will have a term of 18 months and will be used to fully repay Brio's $75 million senior secured credit facility and the drawn amounts of Brio's $22 million of debt with a group of Brazilian banks. Orion Resource Partners ("Orion"), through a fund it manages, has agreed to subscribe for, on a private placement basis, $45 million worth of Leagold common shares at C$2.7143 per share.