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Last C$0.07 CAD
Change Today 0.00 / 0.00%
Volume 9.0K
ATG On Other Exchanges
As of 12:30 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

atlanta gold inc (ATG) Snapshot

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52 Week High
09/8/14 - C$0.30
52 Week Low
06/30/15 - C$0.05
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atlanta gold inc (ATG) Details

Atlanta Gold Inc. operates as a junior exploration and development company in the United States. Its principal property is the Atlanta gold property that covers an area of 2,159 acres located in Idaho. The company was formerly known as Twin Mining Corporation and changed its name to Atlanta Gold Inc. in March 2007. Atlanta Gold Inc. was founded in 1985 and is headquartered in Toronto, Canada.

Founded in 1985

atlanta gold inc (ATG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$331.4K
Chief Financial Officer
Total Annual Compensation: C$112.5K
Compensation as of Fiscal Year 2014.

atlanta gold inc (ATG) Key Developments

Atlanta Gold Inc. Proposes Amendment to the Articles

Atlanta Gold Inc. proposed amendment to the articles of the company to consolidate the currently issued and outstanding common shares of the Company on the basis of one new consolidated common share for each ten existing and outstanding common shares at the annual and special meeting to be held on June 24, 2015.

Atlanta Gold Inc. Auditor Raises 'Going Concern' Doubt

Atlanta Gold Inc. filed its Annual on Jun 01, 2015 for the period ending Dec 31, 2014. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Atlanta Gold Announces Issuance of $600,000 Senior Secured Note and Amendment to Previously Issued Senior Secured Notes

Atlanta Gold Inc. announced that it has issued a Senior Secured Note in the principal amount of $600,000 (the "Note") to Concept Capital Management Ltd. The Note has the same terms and conditions as the company's outstanding Senior Secured Notes in the principal amount of $4 million which were issued in August 2013. The company has also received the approval from a majority of holders of Senior Notes agreeing to extend the maturity date of the Notes by one year to August 31, 2018 and to amend the principal repayment dates so that the Notes will be repayable at the rate of 25%, 35% and 40% on August 31st of 2016, 2017 and 2018, respectively. The Notes bear interest at 10% per annum and are secured by the limited recourse guarantee of the Company's subsidiary, Atlanta Gold Corporation ("AGC"), and by a first mortgage of AGC's interest in its Atlanta Project. CCM also received an option, exercisable until August 31, 2018, to purchase an aggregate of 627 troy ounces of gold at $1,100 per ounce (being 104.5 troy ounces for each $100,000 principal amount Note), with the option vesting at the rate of 25%, 35% and 40% on August 31, 2016, 2017 and 2018, respectively. The Company's outstanding gold options previously issued with the Notes in August 2013 will be amended to have the same terms and conditions as the gold options being issued to CCM.


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