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RGD Reunion Gold Corp

0.71
0.00 (0.00%)
05 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Reunion Gold Corp TSXV:RGD TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.71 0.69 0.71 0.71 0.69 0.70 1,511,752 21:00:05

Reunion Gold Corporation-Corporate Update

13/12/2013 7:48pm

Marketwired Canada


Reunion Gold Corporation (TSX VENTURE:RGD) (the "Company") announces that it has
issued convertible notes to two of its executive officers with an aggregate
principal amount of $C 1,007,000 (the "Convertible Notes"). The issuance of the
Convertible Notes was accepted by the TSX Venture Exchange on December 9, 2013.
The Convertible Notes and the underlying common shares issuable upon conversion
are subject to a four month hold period expiring April 10, 2014. As disclosed in
the Company's news release of November 18, 2013, the Convertible Notes will bear
interest at the rate of 1% per month until maturity. All of the outstanding
principal and interest accrued will be repayable on the earlier of the
completion of a minimum financing by Reunion or upon demand at any time after
June 30, 2014. As for the loan of $US 212,000 by the same two executive
officers, it will continue to bear interest at the rate of 1% per month and be
repayable on the earlier of the completion of a minimum financing by Reunion or
upon demand at any time after June 30, 2014.


A material change report in connection with the Convertible Notes is being filed
less than 21 days before the issuance of the Convertible Notes. This shorter
period is reasonable and necessary in the circumstances as the Company wished to
complete the issuance of the Convertible Notes in a timely manner.


About the Company

The Company through its 100% owned subsidiary Reunion Manganese Inc. has
assembled a large, strategic land position to conduct exploration and
development activities for manganese in the North West District of Guyana.
Additional information is available through regular filings and press releases
on SEDAR (www.sedar.com) and on the Company's website at www.reuniongold.com.


"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release."


FOR FURTHER INFORMATION PLEASE CONTACT: 
Reunion Gold Corporation
James Crombie
President and Chief Executive Officer
450.677.2585
450.677.2601 (FAX)
info@reuniongold.com

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