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Last C$0.0050 CAD
Change Today 0.00 / 0.00%
Volume 95.9K
CPN On Other Exchanges
As of 3:48 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

carpathian gold inc (CPN) Snapshot

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06/23/14 - C$0.04
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carpathian gold inc (CPN) Details

Carpathian Gold Inc. explores for and develops mineral properties in Brazil and Romania. The company explores for gold and copper. It holds a 100% interest in the Rovina Valley Project covering an area of 8,547,400 square kilometers located in central Romania; and the Riacho dos Machados gold project consisting of 1 mining concession and 17 exploration licenses totaling an area of 28,151 hectares in Minas Gerais, Brazil. The company was formerly known as Ore-Leave Capital Inc. and changed its name to Carpathian Gold Inc. in June 2004. Carpathian Gold Inc. was incorporated in 2003 and is headquartered in Toronto, Canada.

Founded in 2003

carpathian gold inc (CPN) Top Compensated Officers

Interim Chief Executive Officer and Director
Total Annual Compensation: C$300.0K
Executive Vice Present of Exploration
Total Annual Compensation: $260.0K
Compensation as of Fiscal Year 2013.

carpathian gold inc (CPN) Key Developments

Carpathian Gold Inc. Further Extends Forbearance and Amendment Agreement with Macquarie Bank Limited

Carpathian Gold Inc. announced that it has concluded a further extended forbearance and amendment agreement with Macquarie Bank Limited in respect of the project finance facility entered into between Macquarie and Mineracao Riacho dos Machados Ltda. The agreement provides for a USD 2.41 million increase in the amount of funds made available under Tranche 3 of the Facility entered into between Macquarie and Mineracao Riacho dos Machados Ltda. for a total facility of up to USD 211.07 million of which USD 208.18 million is currently drawn. The current forbearance period expires on April 30, 2015, and repayment of any funds drawn down under Tranche 3 is to be effected by April 30, 2015.

TSX Announces Delisting Review Of Carpathian Gold

TSX is reviewing the common shares of Carpathian Gold Inc. with respect to meeting the continued listing requirements. The Company has been granted 60 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process.

Carpathian Gold Inc. Provides Update on its RDM Gold Mine in Brazil for the Month and Year to Date Period Ended October 2014

Carpathian Gold Inc. provided update on its RDM gold mine in Brazil for the month and year to date period ended October 2014. Since March 2014, following re-instatement of the Autorização Provisória de Operação, MRDM has been completing infrastructure construction at the site while gradually ramping up production as part of the ongoing commissioning and ramping up process. Total mine production for October as well as since mid-March is summarized as follows: In the month of October, 204,617 tonnes of ore were processed at an average grade of 1.23 g/t gold and at a recovery rate of 85.6%, resulting in the production of 6,903 oz. of gold, representing approximately 86% of planned production capacity of 8,000 oz./month. To the end of October, a total of 1,200,004 tonnes of ROM ore mined at an average grade of 1.19 g/t gold. To the end of October of 2014, MRDM has processed a total of 1,092,957 tonnes of ore at an average grade of 1.23 g/t gold and at an average recovery rate of 86.6%, producing 37,372 ounces gold; and as at the end of October, MRDM had shipped a total of 36,552 oz. of gold and 11,920 oz. of silver. As at the end of October, stockpiled ore consisted of 909,521 tonnes at an average grade of 0.80 g/t gold which is segregated into high and low grade ore classes.


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