News & Videos - GABRIEL RESOURCES GBRRF

LONDON, UK / ACCESSWIRE / April 4, 2024 / Gabriel Resources Ltd. (TSXV:GBU) (" Gabriel " or the " Company ") announced on March 8, 2024 that the Company's ICSID arbitration claims against the Romanian Government were dismissed by a two to one majority of the tribunal members (" Tribunal "), who also awarded Romania approximately US$10 million in legal fees and expenses (" Cost Order "). The Cost Order incurs simple interest from the date of the award at the 3-month US Treasury rate. Following...

LONDON, UK / ACCESSWIRE / March 11, 2024 / Gabriel Resources Ltd. (TSXV:GBU)(" Gabriel " or the " Company ") announced on March 8, 2024 that the Company's ICSID arbitration claims against the Romanian Government were dismissed by a two to one majority and the tribunal awarded Romania approximately US$10 million in legal fees and expenses. The award is binding on the parties and the amount payable incurs simple interest from the date of the award at the 3-month US Treasury rate. Gabriel believes...

LONDON, UK / ACCESSWIRE / March 8, 2024 / Gabriel Resources Ltd. (TSXV:GBU) announces that the World Bank's International Centre for Settlement of Investment Disputes (ICSID) today issued a decision dismissing, by a two to one majority, the Company's arbitration claims filed against the Romanian Government relating to its investments in the Roșia Montană gold and silvermining project. In addition, the Tribunal awarded Romania approximately US$10m in legal fees and expenses incurred in...

LONDON, UK / ACCESSWIRE / March 7, 2024 / Gabriel Resources Ltd. (TSXV:GBU - " Gabriel " or the " Company ") previously announced that the arbitral tribunal (the " Tribunal" ) must issue its final decision (" Award ") to the parties in its World Bank International Centre for Settlement of Investment Disputes (" ICSID ") claim against Romania on or before March 12, 2024. The parties have now been informed by ICSID that the Tribunal expects to render its Award this Friday, March 8, 2024. Once an...

LONDON, UK / ACCESSWIRE / February 2, 2024 / Gabriel Resources Ltd. (TSXV:GBU - " Gabriel " or the " Company ") previously announced that the arbitral tribunal (the " Tribunal" ) in its World Bank International Centre for Settlement of Investment Disputes (" ICSID ") claim against Romania must issue its final decision (" Award ") to the parties on or before March 12, 2024. Gabriel notes the recent increase in its share price and the volume of shares traded. Gabriel is not aware of any decision...

LONDON, UK / ACCESSWIRE / January 15, 2024 / Gabriel Resources Ltd. (TSXV:GBU) (" Gabriel " or the " Company ") announces the expiry of 25,723,372 outstanding warrants to purchase common shares at a price of $0.49 per share (each a " 2018 Warrant "). The Company has received no consideration in respect of those 2018 Warrants which lapsed unexercised. Gabriel has the following equity-related securities outstanding: 1,035,976,840 common shares; 76,504,263 warrants which are exercisable at a price...

LONDON, UK / ACCESSWIRE / December 29, 2023 / Gabriel Resources Ltd. (TSXV:GBU - " Gabriel " or the " Company ") announces the exercise for cash of 871,400 outstanding warrants to purchase common shares at a price of $0.39 per share (each a " 2020 Warrant "). The Company has received consideration of $339,846 in respect of those 2020 Warrants exercised. Gabriel has the following securities outstanding: 1,035,976,840 common shares; 25,723,372 warrants which are exercisable at a price of $0.49 and...

LONDON, UK / ACCESSWIRE / December 21, 2023 / Gabriel Resources Ltd. (TSXV:GBU) (" Gabriel " or the " Company ") announces the expiry of 80,702,475 outstanding warrants to purchase common shares at a price of $0.49 per share (each a " 2018 Warrant "). The Company has received no consideration in respect of those 2018 Warrants which lapsed unexercised. Gabriel has the following securities outstanding: 1,035,105,440 common shares; 871,400 warrants which are exercisable at a price of $0.39 and...

Gabriel Resources Ltd. (TSXV: GBU - " Gabriel " or the " Company ") previously announced that the proceedings in its World Bank International Centre for Settlement of Investment Disputes (" ICSID ") claim against Romania had been declared closed by the arbitral tribunal (the " Tribunal ") on September 14, 2023. According to Rule 46 of the ICSID Arbitration Rules, the Tribunal must issue its final decision (" Award ") to the parties within 120 days of the closure of the proceedings, provided...

LONDON, UK / ACCESSWIRE / December 18, 2023 / Gabriel Resources Ltd. (TSXV:GBU - " Gabriel " or the " Company ") announces the exercise for cash of 7,418,800 outstanding warrants to purchase common shares at a price of $0.39 per share (each a " 2020 Warrant "). The Company has received an aggregate consideration of $2,893,332 in respect of those 2020 Warrants exercised. In addition, 2,823,987 of the 2020 Warrants have been exercised on a "Net Exercise" basis (as such term is defined in Policy...

LONDON, UK / ACCESSWIRE / November 29, 2023 / Gabriel Resources Ltd / (TSXV:GBU) (" Gabriel ") or the (" Company ") announces that it intends to provide holders of all outstanding common share purchase warrants (each a " Warrant ") with the right to exercise such Warrants, if they so choose, on a "Net Exercise" basis (as such term is defined in Policy 4.4 of the TSXV Corporate Finance Manual). The proposal will allow each Warrant holder, in lieu of exercising the Warrants by means of payment of...

LONDON, UK / ACCESSWIRE/ November 14, 2023 / Gabriel Resources Ltd. (TSXV:GBU)(" Gabriel " or the " Company ") announces the publication of its Third Quarter Financial statements and Management's Discussion and Analysis Report for the period ended September 30, 2023. Summary Gabriel and its wholly-owned indirect subsidiary, Gabriel Resources (Jersey) Limited (together " Claimants "), remain focused on their arbitration case against the Romanian State (" Respondent ") under the rules of the...

LONDON, UK / ACCESSWIRE/ September 15, 2023 / Gabriel Resources Ltd. (TSXV:GBU - " Gabriel " or the " Company ") announces that the arbitral tribunal (the " Tribunal ") in the World Bank's International Centre for Settlement of Investment Disputes (" ICSID ") declared the proceedings closed in accordance with Rule 38(1) of the ICSID Arbitration Rules on September 14, 2023. The Company initiated the arbitration before ICSID in July 2015 under the Canada-Romania and UK-Romania bilateral investment...

LONDON, UK / ACCESSWIRE / August 3, 2023 / Gabriel Resources Ltd. (TSXV:GBU) (" Gabriel " or the " Company ") announces the publication of its Second Quarter Financial statements and Management's Discussion and Analysis Report for the period ended June 30, 2023. Summary Gabriel and its wholly-owned indirect subsidiary, Gabriel Resources (Jersey) Ltd. (together " Claimants "), remain focused on concluding their arbitration case against the Romanian State (" Respondent ") under the rules of the...

LONDON, UK / ACCESSWIRE / June 8, 2023 / Further to the news release of May 23, 2023, Gabriel Resources Ltd. (TSXV:GBU)(" Gabriel " or the " Company ") is pleased to announce that it has completed the closing of its non-brokered private placement (the " Private Placement ") of 24,782,212 common shares of the Company (" Common Share ") at a price of $0.26 per Common Share (" Purchase Price ") for gross proceeds of US$4.75 million (approximately $6.4 million), subject to stock exchange and other...

LONDON, UK / ACCESSWIRE / May 30, 2023 / Gabriel Resources Ltd. (TSXV:GBU) (" Gabriel " or the " Company ") announces the publication of its First Quarter Financial statements and Management's Discussion and Analysis for the period ended March 31, 2023. Summary Gabriel and its wholly-owned indirect subsidiary, Gabriel Resources (Jersey) Ltd. (together " Claimants "), remain focused on concluding their arbitration case against the Romanian State (" Respondent ") under the rules of the...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES US$ 4.75 Million Private Placement LONDON, UK / ACCESSWIRE / May 23, 2023 / Gabriel Resources Ltd. (TSXV:GBU) (" Gabriel " or the " Company ") is pleased to announce that it has entered into definitive subscription agreements with certain investors in connection with a non-brokered private placement (the " Private Placement ") of up to 24,782,212 common shares of the Company (" Common Share ") at a price of...

LONDON, UK / ACCESSWIRE / April 19, 2023 / Gabriel Resources Ltd. (TSXV:GBU) (" Gabriel " or the " Company ") announces the publication of its Annual Results and Management's Discussion and Analysis Report for the year ended December 31, 2022. Summary Gabriel and its wholly-owned indirect subsidiary, Gabriel Resources (Jersey) Ltd. (together " Claimants "), remain focused on concluding their arbitration case against the Romanian State (" Respondent ") under the rules of the International Centre...

LONDON, UK / ACCESSWIRE / November 15, 2022 / Gabriel Resources Ltd. (TSXV:GBU) (" Gabriel " or the " Company ") announces the publication of its Third Quarter Financial Statements and Management's Discussion and Analysis Report for the period ended September 30, 2022. Summary Gabriel and its wholly-owned indirect subsidiary, Gabriel Resources (Jersey) Ltd. (together " Claimants "), remain focused on concluding their arbitration case against the Romanian State (" Respondent ") under the rules of...

LONDON, UK / ACCESSWIRE / August 9, 2022 / Gabriel Resources Ltd. (TSXV:GBU - " Gabriel " or the " Company ") announces the publication of its Second Quarter Financial statements and Management's Discussion and Analysis Report for the period ended June 30, 2022. Summary Gabriel and its wholly-owned indirect subsidiary, Gabriel Resources (Jersey) Ltd. (together " Claimants "), remain focused on concluding their arbitration case against the Romanian State (" Respondent ") under the rules of the...