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RTG Mining announces closing of Tranche 2 of A$44M Placement

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RTG Mining Inc. (TSX: RTG, ASX: RTG) (“RTG” or the “Company”) is pleased to announce that it has successfully completed the issue of 286,217,476 Chess Depository Instruments (“Securities”) at a price of A$0.14 per Security to Australian and international institutional and sophisticated investors pursuant to Tranche 2 of the private placement announced by the Company on February 27, 2018 (“Private Placement”).

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RTG MINING INC. ANNOUNCES ISSUE OF US$2.8 MILLION CHESS DEPOSITORY INSTRUMENTS UNDER TRANCHE 1 OF PLACEMENT

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RTG Mining Inc. (TSX: RTG, ASX: RTG) (“RTG” or the “Company”) is pleased to announce that it has successfully completed the issue of approximately 25,137,836 Chess Depository Instruments (“Securities”) at a price of A$0.14 per Security to Australian and international institutional and sophisticated investors pursuant to Tranche 1 of the private placement announced by the Company on 27 February 2018 (“Private Placement”). Tranche 1 of the Private Placement raised proceeds of circa US$2.8 million (before costs).

Hartleys Limited and Trump Securities LLC acted as Joint Lead Managers to the Private Placement. A Notice of Meeting to approve Tranche 2 of the Private Placement will be sent to shareholders in due course.

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RTG MINING INC. ANNOUNCES ISSUE OF US$2.8 MILLION CHESS DEPOSITORY INSTRUMENTS UNDER TRANCHE 1 OF PLACEMENT

By | News ASX | No Comments

RTG Mining Inc. (TSX: RTG, ASX: RTG) (“RTG” or the “Company”) is pleased to announce that it has successfully completed the issue of approximately 25,137,836 Chess Depository Instruments (“Securities”) at a price of A$0.14 per Security to Australian and international institutional and sophisticated investors pursuant to Tranche 1 of the private placement announced by the Company on 27 February 2018 (“Private Placement”). Tranche 1 of the Private Placement raised proceeds of circa US$2.8 million (before costs).

Hartleys Limited and Trump Securities LLC acted as Joint Lead Managers to the Private Placement. A Notice of Meeting to approve Tranche 2 of the Private Placement will be sent to shareholders in due course.

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US$34M Raised in Oversubscribed Private Placement

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The Board of RTG Mining Inc. (“RTG”, the “Company”) (TSX Code: RTG, ASX Code: RTG) is pleased to announce that the Company has received commitments to raise approximately US$34 million in a private placement to Australian and international institutional and sophisticated investors (“Private Placement”).

Hartleys Limited, together with Trump Securities LLC (the “US Placement Agent”), acted as Joint Lead Managers to the Private Placement.

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US$34M Raised in Oversubscribed Private Placement

By | News ASX | No Comments

The Board of RTG Mining Inc. (“RTG”, the “Company”) (TSX Code: RTG, ASX Code: RTG) is pleased to announce that the Company has received commitments to raise approximately US$34 million in a private placement to Australian and international institutional and sophisticated investors (“Private Placement”).

Hartleys Limited, together with Trump Securities LLC (the “US Placement Agent”), acted as Joint Lead Managers to the Private Placement.

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Recent Interview / Article by the ABC

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The Board of RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) refers to the request of the Australian Stock Exchange to confirm that the announcement of RTG on 27 December 2017 addresses the subject matter that was referred to in an ABC interview released today and RTG confirms the same.

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Request for Trading Halt

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In accordance with ASX Listing Rule 17.1, RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) hereby requests an immediate trading halt to the Company’s securities, pending an announcement regarding a response to a press release issued by Bougainville Copper Limited on 13 December 2017.

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Bougainville Copper Limited opposed strongly by Landowners at Warden’s Hearing

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The Board of RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) is pleased to provide an update on the Warden’s Hearing for Bougainville Copper Limited (“BCL”) held in Panguna yesterday. Despite BCL not having been to Panguna in over 28 years (given landowners had refused to even allow them access), to ensure a full and fair hearing amongst the Special Mining Lease Osikaiyang Landowners Association members, Autonomous Bougainville Government (“ABG”) representatives, including the Warden and BCL, the landowners in a show of good faith allowed BCL access on this special occasion (despite BCL not having followed custom).

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Bougainville Copper Limited opposed strongly by Landowners at Warden’s Hearing

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The Board of RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) is pleased to provide an update on the Warden’s Hearing for Bougainville Copper Limited (“BCL”) held in Panguna yesterday. Despite BCL not having been to Panguna in over 28 years (given landowners had refused to even allow them access), to ensure a full and fair hearing amongst the Special Mining Lease Osikaiyang Landowners Association members, Autonomous Bougainville Government (“ABG”) representatives, including the Warden and BCL, the landowners in a show of good faith allowed BCL access on this special occasion (despite BCL not having followed custom).

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RTG increases its interest in the Panguna Landowners Joint Venture Partner

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The Board of RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) is pleased to announce that through a further direct investment and conversion of loans in Central Exploration Pty Ltd (“Central”), RTG has increased its interest in Central to 24%. Michael Carrick is now Chairman of Central and Justine Magee has also been appointed a director of Central. In addition one of RTG’s major shareholders (interests represented by Mr. Richard Hains, who also independently provided early stage funding to Central), has a 32% interest in Central.

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RTG increases its interest in the Panguna Landowners Joint Venture Partner

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The Board of RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) is pleased to announce that through a further direct investment and conversion of loans in Central Exploration Pty Ltd (“Central”), RTG has increased its interest in Central to 24%. Michael Carrick is now Chairman of Central and Justine Magee has also been appointed a director of Central. In addition one of RTG’s major shareholders (interests represented by Mr. Richard Hains, who also independently provided early stage funding to Central), has a 32% interest in Central.

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Mr Philip Miriori confirmed as the Chairman of the SMLOLA with formal reconciliation signed

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The Board of RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) is pleased to announce that Mr Philip Miriori has been confirmed as the Chairman of the Special Mining Lease Osikaiyang Landowners Association (“SMLOLA”) and all Court actions will now be withdrawn and come to an end. Mr Miriori has entered into and signed a formal written reconciliation agreement with Mr Lawrence Daveona, following a customary reconciliation process.

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Mr Philip Miriori confirmed as Chairman of the SMLOLA with formal reconciliation signed

By | News ASX | No Comments

The Board of RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) is pleased to announce that Mr Philip Miriori has been confirmed as the Chairman of the Special Mining Lease Osikaiyang Landowners Association (“SMLOLA”) and all Court actions will now be withdrawn and come to an end. Mr Miriori has entered into and signed a formal written reconciliation agreement with Mr Lawrence Daveona, following a customary reconciliation process.

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Clarification of recent announcement of Kalia Limited

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The Board of RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) refer to the recent announcement of Kalia Limited (“Kalia”) dated 16 November 2017 (“Kalia Legal Announcement”). This announcement seeks to clarify any confusion created by the Kalia Legal Announcement and the actions Central Exploration Pty Ltd (“Central”) has taken to protect its interests at the old Panguna Mine in Bougainville.

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Clarification of recent announcement of Kalia Limited

By | News ASX, uncategorized | No Comments

The Board of RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) refer to the recent announcement of Kalia Limited (“Kalia”) dated 16 November 2017 (“Kalia Legal Announcement”). This announcement seeks to clarify any confusion created by the Kalia Legal Announcement and the actions Central Exploration Pty Ltd (“Central”) has taken to protect its interests at the old Panguna Mine in Bougainville.

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RTG Joins Landowner Backed Consortium Proposal in Respect of the Copper-Gold Panguna Project in Bougainville

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RTG Mining Inc. (ASX:RTG, TSX:RTG) confirms recent press statements that it has been nominated as the development partner with the joint venture company of the Special Mining Lease Osikaiyang Landowners Association (“SMLOLA”) and Central Exploration (“Central”) in their proposal with respect to the redevelopment of the 1.5B tonne Copper-Gold Panguna Project…

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RTG Announces Renewal of Exploration License and New Drilling Campaign at Bunawan Project

By | 2016, All ASX Filings, News ASX | No Comments

The Board of RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) is pleased to announce that the Mines and Geosciences Bureau (“MGB”) in the Philippines has just renewed the Exploration License (EP-000033-14- XIII) (“EP”) for the Bunawan Project in the Philippines for a further 2 years….

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