Established 1835
RESOURCE STOCKS
✕
CAPITAL MARKETS

Gabriel gains on funds to continue fight for Romanian project

Gabriel Resources (TSXV: GBU) shares surged yesterday after the company last week closed the first tranche of a US$20 million raising, to help fund arbitration over the Roșia Montană gold and silver project in Romania.

Staff reporter
Abandoned equipment from historical mining operations in the Cetate openpit at Roşia Montană in Romania

Abandoned equipment from historical mining operations in the Cetate openpit at Roşia Montană in Romania

Gabriel said the initial closing had brought proceeds of $18.7 million, with units offered at 32.25c. It said the proceeds would go towards general working capital and to finance its case in the World...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
PARTNER CONTENT

WSP: A New 'Can-do' Attitude to Tailings Management

PARTNER CONTENT

A Breakthrough in Dewatered Tailings Solutions

MOST POPULAR
1
MJ COMMENT

What the market is getting wrong about nickel

2
PRECIOUS METALS

Hummingbird shares slip on release of strategic review

3
REGULATION

Panoramic shareholders to lose stock as Zeta swoops in

4
EXPLORATION & DEVELOPMENT

Headline-grabbing copper hit by American West

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login