Newmarket Gold (NGN-V)
www.newmarketgoldinc.com
51.9 million o/s
Insiders own 51%
$11 million cash
Key people
Douglas Forster M.Sc., P.Geo – President, CEO and Director
Mr. Forster has been associated with the mining industry for over 30 years as a geologist, senior executive, director and company founder. He holds a B.Sc. (1981) and M.Sc. (1984) in Economic Geology from the University of British Columbia, Canada. Mr. Forster has been a founder, director or senior executive with numerous companies including Terrane Metals which was acquired by Thompson Creek in 2010 for $750 million and Potash One that was acquired by K+S in 2011 for $434 million. Over the past 25 years Mr. Forster has been involved in a number of large-scale Canadian mine development projects including the Mt. Milligan gold-copper mine, the Kemess South gold-copper mine, the Golden Bear gold mine and the Legacy potash project. Mr. Forster has a proven track record in resource project development, mergers and acquisition, equity finance and public company management. He is a registered member of the Association of Professional Engineers and Geoscientists of British Columbia.
Blayne Johnson – Executive VP and Director
Mr. Johnson has been involved in the investment community for the over 27 years. As a Vice President of First Marathon Securities he played a key role in providing institutional financing to junior resource companies. During his tenure at the firm, First Marathon participated in over $5 billion of equity financings for natural resource companies. His work at First Marathon involved equity and debt financings as well as mergers and acquisitions. Mr. Johnson also advised institutional clients on investments. Mr. Johnson was a founder of Terrane Metals which was acquired by Thompson Creek in 2010 for $750 million. He is currently Chairman of Featherstone Capital Inc.
Lukas Lundin – Director
Mr. Lundin is Chairman of Lundin Mining Corporation. He graduated from the New Mexico Institute of Mining and Technology (Engineering). He has been responsible for various resource discoveries including the multi-million ounce Veladero gold deposit in Argentina that was sold to Homestake for $300 million in 1999. He has led numerous companies through very profitable business acquisition and mergers including the $7.1 billion sale of Red Back Mining in 2010.
Randall Oliphant – Director
Randall Oliphant is Executive Chairman of New Gold and was recently appointed Chairman of the World Gold Council. Mr. Oliphant is on the Advisory Board of Metalmark Capital LLC (formally Morgan Stanley Capital Partners) and serves on the boards of WesternZagros Resources Ltd and Franco-Nevada Corporation. Since 2003 Mr. Oliphant has served on the boards of a number of public and private companies and not-for-profit organizations. From 1999 to 2003 he was President and Chief Executive Officer of Barrick Gold Corporation, the largest gold producer in the world. From 2006 to 2009 he served as Chairman of Western Goldfields Inc. where he oversaw the successful sale of the company to New Gold for $315 million. Mr. Oliphant is a Chartered Accountant.
Company presentation
newmarketgoldinc.com
Fact sheet
newmarketgoldinc.com
________________________________________________________________________________________________
Oct 7, 2013 - News Release
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 21, 2013, and June 28, 2013.Number of shares: 23,333,334 shares
Purchase price: 15 cents per share
Warrants: 23,333,334 share purchase warrants to purchase 23,333,334 shares
Warrant exercise price: 30 cents for a two-year period
Number of placees: 27 placees
Insiders: Randall Oliphant, two million; Douglas Forster, 1,666,667; Blayne Johnson, 1,666,667; Douglas Hurst, 1,666,667; Edward Farrauto, 501,000; Paulo Santos, 66,733
Total pro group involvement: 6,332,334 (11 places) |
