Monday, March 21, 2022 8:14:48 PM
The promissory note was acquired in the Aquila Transaction. In October 2021, Aquila sold its Wisconsin assets to Green Light
Metals in return for a C$4.9 million ($3.9 million) promissory note. Under the promissory note, Green Light Metals is to pay C$0.9
million cash and deliver C$4.0 million in Green Light Metal shares once Green Light Metals goes public. The cash and shares will be
delivered upon completion of Green Light Metals listing on the TSX and the shares are expected to represent approximately 18% of the
total outstanding shares of Green Light Metals. Upon maturity on December 31, 2022, the shares of Green Light Metals will be recorded
at fair value as available-for-sale securities. Due to the short maturity of the promissory note, the carrying amount approximates the fair
value, and likewise, no interest and collateral is required.
pg. 67
https://app.quotemedia.com/data/downloadFiling?webmasterId=96484&ref=116544663&type=PDF&symbol=GORO&companyName=Gold+Resource+Corporation&formType=10-K&formDescription=Annual+report+pursuant+to+Section+13+or+15%28d%29&dateFiled=2022-03-10&CK=1160791
https://www.wpr.org/canadian-mining-company-receives-license-conduct-exploratory-drilling-wisconsin
So keep Eyes peeled for Green Light filings.
Recent GORO News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2024 09:00:10 PM
- Gold Resource Corporation Reports Financial Results for the Second Quarter of 2024 • Business Wire • 08/06/2024 09:42:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/06/2024 08:45:52 PM
- Gold Resource Corporation Announces Q2 2024 Conference Call • Business Wire • 07/30/2024 01:43:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/20/2024 03:07:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 07:21:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 07:19:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 07:16:38 PM
- Gold Resource Corporation Reports Financial Results for the First Quarter 2024 • Business Wire • 05/02/2024 11:00:00 PM
- Gold Resource Corporation Will Reschedule Release of Its First Quarter 2024 Results • Business Wire • 04/30/2024 12:16:00 AM
- Gold Resource Corporation Announces Preliminary First Quarter Production Results • Business Wire • 04/16/2024 01:02:00 AM
- Gold Resource Corporation Reports Results of Operations for the Year Ended December 31, 2023 • Business Wire • 03/13/2024 08:59:00 PM
- Gold Resource Corporation Announces Preliminary Fourth Quarter and Year-End Results • Business Wire • 01/30/2024 05:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/10/2024 10:46:55 PM
- Gold Resource Corporation Reports High Grade Drill Results at the Don David Gold Mine • Business Wire • 12/11/2023 11:37:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/07/2023 02:42:24 AM
- Gold Resource Corporation Reports Third Quarter Operational Results and Announces the Initiation of a Review to Evaluate Strategic Alternatives • Business Wire • 11/07/2023 02:22:00 AM
- Gold Resource Corporation Will Reschedule Release of Its Third Quarter 2023 Results • Business Wire • 11/03/2023 01:48:00 AM
- Gold Resource Corporation Reports the Filing of a SK1300 Initial Assessment for the Back Forty Project • Business Wire • 10/26/2023 10:31:00 PM
- Gold Resource Corporation Announces Q3 2023 Conference Call • Business Wire • 10/23/2023 07:35:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/20/2023 10:01:30 AM
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