Articles Tagged "Apollo"

Apollo Gold declared Release of NI43-101 Report

Apollo Gold Corporation declared that the Company has released its Huizopa project report written in compliance with disclosure and reporting requirements set forth in the Canadian Securities Administrator’s National Instrument 43-101, Companion 43-101CP and Form 43-101FI. For full story, click here

Apollo Gold bought deal private placement financings

Apollo Gold Corporation declared private placement financings pursuant to which Apollo proposes to sell 13,888,889 flow-through common shares for purposes of the Income Tax Act at CDN$0.54 per Flow Through Share and 5,555,556 common shares at a price of CDN$0.45 per Common Share on a bought deal basis, to raise gross proceeds of CDN$10,000,000. For [...]

Apollo Gold has set-out Gold Output Update

Apollo Gold Corp. declared the development and progress of its Black Fox mine is in-line as scheduled and the first gold bars produced at the mine were poured in late May 2009 with 3,300 ounces of gold containing 3,000 ounces of gold by 31st May 2009. For full story, click here

Apollo Gold gained on project expansion

Apollo Gold Corp. announced commencement of mining at its Black Fox project site and commissioning of Black fox mill in April 2009 to reach an output capacity of 1,500 tonnes/day by May 2009. For full story, click here

Apollo Gold reported net loss of $1.28mln for Q4, 2008

Mining company Apollo Gold Corp. declared to have incurred a net loss of $1.28 million in the fourth quarter of 2008, or zero a share, versus a profit of $2.51 million, or 2 cents a share, in the same period of 2007. For full story, click here

Apollo Gold posts Third Quarter 2008 earnings

Apollo Gold Corporation posted a net income of $0.5 mn, or $0.00 per share, for the 3 months ended September 30, 2008, as compared to net income of $2.1 mn, or $0.01 per share, for the 3 months ended September 30, 2007. R. David Russell, President and CEO of Apollo, said: Montana Tunnels had a good production quarter [...]

Apollo Gold begins Development of the Black Fox Mine

Apollo Gold Corporation provides an update on the status of activities related to the begining of mining at its 100% owned Black Fox Project near Timmins, Ontario, Canada. R. David Russell, President and CEO, Apollo Gold Corporationm said: I am happy that I can announce today that we have permits, we have a mill, we have [...]

Apollo Gold repays RMB Resource loan

Apollo Gold Corporation reports that it has repaid  the balance of the facilities agreement owing to RMB Resource Inc. of US$1,654,000. On October 12, 2007, Apollo entered into a US$8.0 million Facility Agreement (the “Facility Agreement”) by and among Apollo and its wholly owned subsidiaries, Montana Tunnels Mining, Inc. and Apollo Gold, Inc., as borrowers and [...]