Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Ken Stead has not sold any BVIG shares!
Low Float too.
Now, if you look at the ‘Security Ownership...’ (Table below) from the Oct 25, 2012 S-1, you will see it shows that Ken has 302,764,000 common stock.
If you take that 302,764,000 and subtract the 296,000,000 (that Mr. Stead disclaims beneficial ownership of, see #3), that leaves 6,764,000 that Ken Stead beneficially owns.
(296,000,000 is for purchase of Handcamp and September Properties)
The 6,764,000 that Ken owns is equal to the: 2,264,000 plus the 4,500,000.
Ken Stead has not sold even one of his beneficially owned shares of BVIG common stock.
__________________________________________________________________
Q: What is the float of BVIG now???
It could still be 380,500 or 713,833 (380,500 + 333,333)...if the 333,333 were also sold into the market. I don’t know.
________________________________________________________________
The 161,000,000 shares for the purchase of Global Gold, Inc. is broken down here from filings:
Global Gold, Inc.
PURCHASE PRICE ALLOCATION - 4/24/2012 8K
Name................Shares to be Issued
Paul Abbott .............6,698,565
Tony Dellor ...........10,047,848
Johnston Manu............6,698,565
Phil Bayliss...............669,856
Sheila Weiland...........2,679,426
Michelle Smith.............669,856
Tony Wong..................669,856
Guy Pemberton............6,028,708
Wayne Burwash..............937,799
Steve Colbeck..............937,799
Ray Quaal................1,875,598
Larry Shattler.............803,828
Michael Baxter.............669,856
Norman Amundsen............669,856
Terry Parker.............2,679,426
Thomas Brookes.........100,143,541
Matthew Sullivan........18,119,617
TOTAL: 161,000,000
{of which 118,263,158 (for Brookes&Sullivan) is held by Gracin/Marlow in an Escrow Agreement(see Escrow Agreement)
And 43,736,842 are restricted shares given to others for Global Gold Purchase} (see 4/24/2012 8K)
_________________________________________________________________
BVIG Share Structure:
BVIG - Kat Gold Holdings Inc -
SHARE STRUCTURE:
Authorized Shares = 500,000,000 - Common Shares as of October 25, 2012
Authorized Shares = 5,000,000 - Preferred Shares as of October 25, 2012 (Of which 2,500,000 are Series A Preferred)
Outstanding shares = 464,477,833 - Common Shares as of October 25, 2012
Outstanding shares = 2,120,000 - Series A Preferred Shares October 25, 2012
General
The authorized capital stock of our company consists of 505,000,000 shares of capital stock, consisting of 500,000,000 shares of common stock and 5,000,000 shares of preferred stock, 2,500,000 of which have been designated Series A Preferred Stock. As of the date of this prospectus, there are 464,477,833 shares of our common stock and 2,120,000 shares of our Series A Preferred Stock issued and outstanding.
Series A Preferred Stock
The Series A Preferred Stock ranks equal to the common stock on liquidation and pays no dividend. Each share of Series A Preferred is convertible, at the option of the holder, into one (1) fully paid and non-assessable share of our common stock at any time from and after the date our net income exceeds $1,000,000.On any matter presented to our shareholders, each holder of outstanding shares of Series A Preferred shall be entitled to cast twenty five (25) votes for each share of Series A Preferred held by such holder as of the record date for determining shareholders entitled to vote on such matter. Except as provided by law or by other provisions of our articles of incorporation, holders of Series A Preferred shall vote together with holders of our common stock as a single class.
(From S-1A5 dated Oct 25,2012) DESCRIPTION OF SECURITIES pg. 62
Below pg. 53
IF they have to give up the 23,000,000 bvig shares, maybe they will come from the spin off (1 for 3) shares that Ken and Tim will be getting from their own Katx shares.
There are a few different possibilities.
No one knows any details yet. All speculation from all so far.
Who knows...maybe S-1 will have approval date as of the last S-1, which is Oct 25, 2012. (Which will beat the Oct 31, 2012 deadline)
Everyone has different opinions.
I continue to wait for more news.
Most Recent Share Structure:
BVIG - Kat Gold Holdings Inc -
SHARE STRUCTURE:
Authorized Shares = 500,000,000 - Common Shares as of October 25, 2012
Authorized Shares = 5,000,000 - Preferred Shares as of October 25, 2012 (Of which 2,500,000 are Series A Preferred)
Outstanding shares = 464,477,833 - Common Shares as of October 25, 2012
Outstanding shares = 2,120,000 - Series A Preferred Shares
General
The authorized capital stock of our company consists of 505,000,000 shares of capital stock, consisting of 500,000,000 shares of common stock and 5,000,000 shares of preferred stock, 2,500,000 of which have been designated Series A Preferred Stock. As of the date of this prospectus, there are 464,477,833 shares of our common stock and 2,120,000 shares of our Series A Preferred Stock issued and outstanding.
Series A Preferred Stock
The Series A Preferred Stock ranks equal to the common stock on liquidation and pays no dividend. Each share of Series A Preferred is convertible, at the option of the holder, into one (1) fully paid and non-assessable share of our common stock at any time from and after the date our net income exceeds $1,000,000.On any matter presented to our shareholders, each holder of outstanding shares of Series A Preferred shall be entitled to cast twenty five (25) votes for each share of Series A Preferred held by such holder as of the record date for determining shareholders entitled to vote on such matter. Except as provided by law or by other provisions of our articles of incorporation, holders of Series A Preferred shall vote together with holders of our common stock as a single class.
(SEE October 25, 2012 S-1A5)
EXTO Nice day Friday!...Q-3 filing due by 15th this coming week.
Q-3 filing due by the 15th.
Interesting note....
Last report stated they wanted to convert the Bibiani North PL into a mining lease in 2013....this recent Oct 31, 2012 report says 'by the end of the Calendar Year.'
Seems they are in a hurry now. :o)
Oct 26, 2012 ~ Annual Report For the year ended 30 June 2012.
http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Noble-2012-Annual-Report.pdf
Oct 31, 2012
http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/Appendix-5B-and-September-2012-Quarterly-Report.pdf
All announcements:
http://www.nobleminres.com.au/investor-centre/news-announcements/
Looks like it.... The 'Bibiani North Prospecting License' is planned to be converted to a Mine Lease, just like the 'Bibiani Mine Lease' shown in brown on the map below.
http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/Appendix-5B-and-September-2012-Quarterly-Report.pdf
It is intended to convert the Bibiani North Prospecting License into a mining lease by the end of the Calendar year. Inputs have commenced with a number of activities to derive a resource model.
Guess we will just have to wait and see Gump....
Someone suggested that maybe if an approval came it could be as of the date of the last S-1, which was Oct, 25, 2012. Wonder if that can happen?
Continuing to wait for news :o)
Yep... Right HERE:
RECENT 2012 Drilling Statistics
http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Noble-2012-Annual-Report.pdf
Since....
the BVIG Ekom Eya property sits within the Bibiani North Prospecting License, (which will soon become a Mining Lease, according to NOBLE), it is interesting to read that NOBLE has accepted the Financing Offer from Resolute Mining. Nov 8, 2012
NOBLE ACCEPTS REVISED A$85M FINANCING OFFER from RESOLUTE
http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/Noble-accepts-revised-A85m-financing-offer-from-Resolute.pdf
KATX shareholders ~ gotta keep our eyes and ears open to news like this. :o) Because KATX owns lots of shares of BVIG.
http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/Appendix-5B-and-September-2012-Quarterly-Report.pdf
It is intended to convert the Bibiani North Prospecting License into a mining lease by the end of the Calendar year. Inputs have commenced with a number of activities to derive a resource model.
Since....
the BVIG Ekom Eya property sits within the Bibiani North Prospecting License, (which will soon become a Mining Lease, according to NOBLE), it is interesting to read that NOBLE has accepted the Financing Offer from Resolute Mining. Nov 8, 2012
NOBLE ACCEPTS REVISED A$85M FINANCING OFFER from RESOLUTE
http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/Noble-accepts-revised-A85m-financing-offer-from-Resolute.pdf
Gotta keep our eyes and ears open to news like this. :o)
http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/Appendix-5B-and-September-2012-Quarterly-Report.pdf
It is intended to convert the Bibiani North Prospecting License into a mining lease by the end of the Calendar year. Inputs have commenced with a number of activities to derive a resource model.
More NEWS...Nice find dffhogs!
Nope....In fact...from their website:
Question 2:
Is Bayport planning a reverse split?
Answer:
No, a reverse split is not needed and would not be in the best interest of the shareholders. We have our shareholders best interest at heart.
http://bayportinternational.com/?page_id=8
Good find...3 new demo/exhibitions...Thanks 1center!
CDOC is doing well with their re-organization...
CDOC 4th Quarter just ended yesterday....They said they were hoping to get financials audited now. I bet they have been working on it. :o) Then they can move up to OTCQB or higher?
Great Homevendor..good idea!
I like this too:
Resolute’s significant African operational expertise
Right in the........
NOBLE Mineral Resources Prospecting Areas! shown in PINK!
And has great potential for KAT's Ekom Eya property. :o)
BVIG Kat Gold Holding's Ekom Eya Gold Mine property sits right here:
http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Noble-2012-Annual-Report.pdf
Financing war continues...
with NOBLE Mineral Resources....where Kat Gold, BVIG Ekom Eya Sits within the Bibiani North Prospecting License...
http://www.resolute-ltd.com.au/fileadmin/pdfs/504_-_301012_-_Resolute_Enhances_Financing_Offer_to_Noble.pdf
http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/Appendix-5B-and-September-2012-Quarterly-Report.pdf
It is intended to convert the Bibiani North Prospecting License into a mining lease by the end of the Calendar year. Inputs have commenced with a number of activities to derive a resource model.
Financing war continues...
with NOBLE Mineral Resources....where Kat Gold, BVIG Ekom Eya Sits within the Bibiani North Prospecting License...
http://www.resolute-ltd.com.au/fileadmin/pdfs/504_-_301012_-_Resolute_Enhances_Financing_Offer_to_Noble.pdf
http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/Appendix-5B-and-September-2012-Quarterly-Report.pdf
It is intended to convert the Bibiani North Prospecting License into a mining lease by the end of the Calendar year. Inputs have commenced with a number of activities to derive a resource model.
Got this from Homevendor....Resolute Mining Enhanced Financing Offer to NOBLE.
http://www.resolute-ltd.com.au/fileadmin/pdfs/504_-_301012_-_Resolute_Enhances_Financing_Offer_to_Noble.pdf
30 October 2012
RESOLUTE ENHANCES FINANCING OFFER TO NOBLE
Highlights
• Resolute to provide immediately available US$15 million unsecured Debt Facility as part of A$85 million Financing Offer, creating short term funding certainty for Noble
• Enhanced Financing Offer is a superior proposal and provides overall funding certainty for the full A$85 million, in contrast to the proposed Zhongrun placement
Resolute Mining Limited (ASX: RSG, “Resolute”) has today submitted an improved Financing Offer to Noble Mineral Resources Limited (ASX: NMG, “Noble”), which incorporates a US$15 million unsecured short term debt facility (“Debt Facility”) available for immediate draw down to facilitate Noble’s near term funding requirements.
The Debt Facility is effectively an advance on the US$20 million guarantee originally proposed by Resolute, which was intended to facilitate further draw down under Noble’s existing secured debt facility with Investec (“Investec Facility”).
It is contemplated that the Debt Facility and all amounts outstanding under the Investec Facility, will be repaid out of funds raised from the proposed Placement and Entitlement Issue of convertible notes (“Note Issue”). Resolute’s Financing Offer (including the Debt Facility) remains conditional upon the proposed Zhongrun placement not proceeding and Resolute’s Financing Offer being accepted.
Resolute has also amended the proposed terms of the convertible notes to be issued under the Note Issue to confirm that interest on the notes will be capitalised for the first year of the three year term.
Resolute Chief Executive Officer Mr Peter Sullivan said: “Resolute’s improved Financing Offer clearly addresses a specific concern raised by Noble regarding the short term funding certainty of our original offer. This improvement increases the onus on the Noble directors to consider their fiduciary duties to shareholders and reconsider their rejection of Resolute’s offer.”
Resolute reiterates its view that its Financing Offer is a superior proposal. As well as short term funding assurance, Resolute’s Financing Offer:
• Provides overall certainty for the full A$85 million. In contrast, a major portion of the proposed Zhongrun placement remains subject to shareholder approval and various Chinese regulatory approvals, which are not guaranteed of being obtained;
• Is fairer to all Noble shareholders, by providing them with the ability to participate in the recapitalisation of Noble. In contrast, the proposed Zhongrun placement would leave current Noble shareholders as a heavily diluted minority;
• Is not a change of control transaction. Future conversion of notes issued to Resolute into Noble shares above 19.9% will require Noble shareholder approval (except under the creep provisions of the Corporations Act) at that time, i.e. shareholder approval for conversion is
not being sought now. In contrast, Zhongrun is seeking to gain control or effective control over Noble now; and
• Gives Noble access to Resolute’s significant African operational expertise, as it continues to develop the Bibiani gold project.
Noble shareholders are urged to vote against the first tranche of the proposed Zhongrun placement (by voting no to Resolution 6) at the General Meeting scheduled for Wednesday 31 October 2012.
PETER SULLIVAN
Chief Executive Officer
Media Contacts:
Shaun Duffy / James Tranter
FTI Consulting
Phone: +61 8 9485 8888
Investor Contacts:
Geoff Rasmussen / Matthew Weaver
Azure Capital Limited
Phone: +61 8 6263 0888
Bibiani North Prospecting License to convert to MINING LEASE in 2013!
http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Noble-2012-Annual-Report.pdf
Bibiani North Prospecting Licence (PL)
A two-year extension was granted for this prospecting licence, dating from 2012. A follow-up program is in process to upgrade
the status of the property and to convert to mining lease in 2013. In 2007, Central African Gold Ghana, the then owner carried
out a total of 5,856m of RC drilling and demarcated some interesting targets including Pamunu, Old Shaft and Ahyiresu.
Yep, 'SHAFT MAIN' from when Ashanti owned Bibiani North Mine! How about just 'SHAFT' from other report :o) (see pics)
I am sure I can find more. :o)
Bibiani North Prospecting License (PL)...
BIBIANI NORTH (PL) Prospecting License...soon to become mining lease in 2013! Like the Main Bibiani Mine Lease shown in brown on the map above!
The old Bibiani North Mine Shaft is there where the Pick and Shovel is shown in the map above. (IN the Bibiani North Prospecting License) That is what NOBLE called it.
They are working their way right to the Old Bibiani Mine..
Bibiani North Prospecting Licence
A two-year extension was granted for this prospecting licence, dating from 2012. A follow-up program is in process to upgrade the status of the property and to convert to mining lease in 2013. In 2007, Central African Gold Ghana, the then owner carried out a total of 5,856m of RC drilling and demarcated some interesting targets including Pamunu, Old Shaft and Ahyiresu.
They are working their way right to the Old Bibiani Mine..
Bibiani North Prospecting Licence
A two-year extension was granted for this prospecting licence, dating from 2012. A follow-up program is in process to upgrade the status of the property and to convert to mining lease in 2013. In 2007, Central African Gold Ghana, the then owner carried out a total of 5,856m of RC drilling and demarcated some interesting targets including Pamunu, Old Shaft and Ahyiresu.
Bibiani North Mine on Ekom Eya... is the 'OLD SHAFT'
Bibiani North Prospecting Licence
A two-year extension was granted for this prospecting licence, dating from 2012. A follow-up program is in process to upgrade
the status of the property and to convert to mining lease in 2013. In 2007, Central African Gold Ghana, the then owner carried
out a total of 5,856m of RC drilling and demarcated some interesting targets including Pamunu, Old Shaft and Ahyiresu.
Bibiani North Mine on Ekom Eya... is the 'OLD SHAFT'
Bibiani North Prospecting Licence
A two-year extension was granted for this prospecting licence, dating from 2012. A follow-up program is in process to upgrade
the status of the property and to convert to mining lease in 2013. In 2007, Central African Gold Ghana, the then owner carried
out a total of 5,856m of RC drilling and demarcated some interesting targets including Pamunu, Old Shaft and Ahyiresu.
Some good info in the recent NOBLE report!!!
http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Noble-2012-Annual-Report.pdf
BIBIANI NORTH Prospecting License is going to be converted into a mining lease in 2013!! 'OLD SHAFT' = Bibiani North Mine
Bibiani North Prospecting Licence
A two-year extension was granted for this prospecting licence, dating from 2012. A follow-up program is in process to upgrade the status of the property and to convert to mining lease in 2013. In 2007, Central African Gold Ghana, the then owner carried
out a total of 5,856m of RC drilling and demarcated some interesting targets including Pamunu, Old Shaft and Ahyiresu.
Some good info in the recent NOBLE report!!!
http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Noble-2012-Annual-Report.pdf
BIBIANI NORTH Prospecting License is going to be converted into a mining lease in 2013!! 'OLD SHAFT' = Bibiani North Mine
Bibiani North Prospecting Licence
A two-year extension was granted for this prospecting licence, dating from 2012. A follow-up program is in process to upgrade the status of the property and to convert to mining lease in 2013. In 2007, Central African Gold Ghana, the then owner carried
out a total of 5,856m of RC drilling and demarcated some interesting targets including Pamunu, Old Shaft and Ahyiresu.
Recent NOBLE announcements:
http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Noble-reiterates-support-for-Zhongrun-transaction1.pdf
http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Notice-of-AGM-and-proxy-form2.pdf
http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Noble-2012-Annual-Report.pdf
Maybe...they might have 'due bills' attached to them.... :o)
All depends on the 'ex date'
http://groupssa.com/understandingdividenddates.html