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SIG Signature Aviation Plc

396.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Signature Aviation Plc LSE:SIG London Ordinary Share GB00BKDM7X41 ORD 37 17/84P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 396.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
396.30 396.70
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 396.00 GBX

Signature Aviation (SIG) Latest News

Real-Time news about Signature Aviation Plc (London Stock Exchange): 0 recent articles

Signature Aviation (SIG) Discussions and Chat

Signature Aviation Forums and Chat

Date Time Title Posts
21/10/202419:32Sitka Gold (TSXV)11
22/3/202110:06Signature Aviation plc (formerly BBA Aviation)32
26/11/201910:40Time to get in at SIGNET413
24/11/201015:21Daven Thread for Friend :)3
02/11/200613:23We Sell Crap Plc27

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Signature Aviation (SIG) Most Recent Trades

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Signature Aviation (SIG) Top Chat Posts

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Posted at 04/8/2024 23:53 by stu31
Sitka Gold Corp. Closes Oversubscribed $3.3 Million Private Placement

VANCOUVER, CANADA – August 2, 2024: Sitka Gold Corp. (“Sitka” or the “Company”;) (TSXV:SIG) (FSE:1RF) (OTCQB:SITKF) is pleased to announce that the Company has closed its previously announced non-brokered private placement for aggregate gross proceeds of approximately $3,354,154 (the “Offering̶1;) through the issuance of: (i) 9,127,273 flow-through units (the "FT Units") sold at a price of $0.22 per FT Unit; and (ii) 5,384,618 charity flow-through units (the “Charity FT Units”) sold at a price of $0.25 per Charity FT Unit.

Each FT Unit consists of one common share of the Company issued as a "flow-through share" (each, a "FT Share") within the meaning of the Income Tax Act (Canada) (the “Tax Act”) and one half (1⁄2) of one common share purchase warrant (each whole warrant, a "Warrant"). Each Charity FT Unit was issued as part of a charity arrangement and consists of one FT Share and one half (1⁄2) of one Warrant. Each Warrant entitles the holder thereof to purchase one non-flow-through common share of the Company at a price of $0.38 for a period of 24 months from the date of issuance.

The Offering, as announced in the Company’s news release dated July 23, 2024 (“Sitka Announces $3M Private Placement Financing”) was oversubscribed. The Company intends to use the net proceeds of the Offering on exploration and development programs on the Company's flagship RC Gold Project in the Yukon Territory and the Coppermine River project in Nunavut., which expenditures will qualify as “Canadian Exploration Expenses” as such term is defined in paragraph (f) of the definition of “Canadian exploration expense” in subsection 66.1(6) of the Tax Act and “flow through mining expenditures” as defined in subsection 127(9) of the Tax Act, which will be incurred on or before December 31, 2025 and renounced with an effective date no later than December 31, 2024, to the purchasers of FT Units and Charity FT Units.

In connection with the Offering, the Company issued 737,248 finder’s warrants (the “Finder’s Warrants”) and paid commissions of $171,425 to certain finders. Each Finder’s Warrant entitles the holder thereof to purchase an additional common share of the Company at a price of $0.38 for a period of 24 months from the date of issuance.

The Private Placement remains subject to final acceptance from the TSX Venture Exchange. All securities issued pursuant to the Offering are subject to a hold period expiring on December 3, 2024, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.

Certain insiders of the Company purchased an aggregate of 150,000 FT Units under the Offering, constituting, to that extent, a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”). The Company has relied on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the securities distributed in the Offering nor the consideration received for those securities, in so far as the Offering involves the insiders, exceeds 25% of the Company’s market capitalization.


About Sitka Gold Corp.

Sitka Gold Corp. is a well-funded mineral exploration company headquartered in Canada. The Company is managed by a team of experienced industry professionals and is focused on exploring for economically viable mineral deposits with its primary emphasis on gold, silver and copper mineral properties of merit. Sitka is currently exploring its 100% owned, 431 square kilometre flagship RC Gold Project within the Tombstone Gold Belt in the Yukon Territory with a 15,000 metre diamond drill program planned for 2024. The Company is also advancing the Alpha Gold Project in Nevada and currently has drill permits for its Burro Creek Gold and Silver Project in Arizona and the Coppermine River Project in Nunavut.


The Company recently announced an NI 43-101 compliant initial inferred Mineral Resource Estimate of 1,340,000 ounces of gold (1) beginning at surface and grading 0.68 g/t at its RC Gold

Project in Yukon (see news release dated January 19, 2023).
Posted at 31/7/2024 23:10 by stu31
Sitka Announces $3 Million Private Placement Financing

VANCOUVER, CANADA – July 23, 2024: Sitka Gold Corp. (“Sitka” or the “Company”;) (TSXV:SIG) (FSE:1RF) (OTCQB:SITKF) announces that the Company intends to complete a non-brokered private placement to raise total gross proceeds of up to $3 million (the “Offering̶0;). The Offering will be comprised of a combination of: (i) flow-through units (the “FT Units“) to be sold at a price of $0.22 per FT Unit; and (ii) charity flow-through units of the Company (each, a “Charity FT Unit“) to be sold at a price of $0.25 per Charity FT Unit.

Each FT Unit will consist of one common share of the Company to be issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) (each, a “FT Share“) and one half (½) of one common share purchase warrant (each whole warrant, a “Warrant“;). Each Charity FT Unit will be issued as part of a charity arrangement and will consist of one FT Share and one half (½) of one Warrant. Each Warrant will entitle the holder to purchase one non-flow-through common share of the Company (each, a “Warrant Share“) at a price of $0.38 at any time on or before that date which is 24 months after the closing date of the Offering. The exact number of FT Units and Charity FT Units sold will be determined at closing.

The gross proceeds received from the sale of securities under the Offering is expected to be used for exploration and development programs on the Company’s flagship RC Gold Project in the Yukon Territory and the Coppermine River project in Nunavut.

All securities to be issued pursuant to the above referenced Offering will be subject to a statutory four-month hold period. The Offering is subject to regulatory approval, including the approval of the TSX Venture Exchange.

None of the securities sold under the Offering have been and will not be registered under the United States Securities Act, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Sitka Gold Corp.

Sitka Gold Corp. is a well-funded mineral exploration company headquartered in Canada. The Company is managed by a team of experienced industry professionals and is focused on exploring for economically viable mineral deposits with its primary emphasis on gold, silver and copper mineral properties of merit. Sitka is currently exploring its flagship RC Gold Project within the Tombstone Gold Belt in the Yukon Territory with a 15,000 metre diamond drill program planned for 2024. The company is also advancing the Alpha Gold Project in Nevada and currently has drill permits for its Burro Creek Gold and Silver Project in Arizona and the Coppermine River Project in Nunavut.
Posted at 22/2/2021 12:45 by jeffian
Does anyone know how the GBP offer works? SIG are being sold in $ and the offer was stated to be "411 pence based on the Announcement Exchange Rate". Is that variable? The market price is now well below 411p. Is this a reflection of the strength of the £ v $?
Posted at 08/2/2021 09:32 by jeffian
I must admit I don't get this. Looked like the best and final offer but market still trading above the bid price. Does someone think there's more to come?
Posted at 04/2/2021 10:34 by jeffian
Interesting that the market price stays so consistently above the bid price. That usually suggests that the market expects a counterbid but you would have thought something would have appeared by now if so.
Posted at 26/1/2021 15:07 by buyzantium
Clearly I got the January 14th date wrong. However the continuing decline in the share price is not particularly encouraging. But what do I know as a minnow private investor with no inside knowledge.
Posted at 13/1/2021 10:00 by buyzantium
Fertile ground for manipulation of the share price. We need clarification of the exact situation from the Management of Signature Aviation
Posted at 21/12/2020 11:02 by bolo25
Comment on SIG offer here today:
Posted at 26/11/2019 14:21 by jeffian
They do that nominally to keep the share price and future dividends etc on a 'like-for-like' basis, otherwise the reduction in capital would have appeared to reduce both by an equivalent amount. The tedious thing, if you're subject to UK tax, is that although it is genuinely returning part of your capital to you (you are receiving proceeds of sale of part of the business and your shareholding is being reduced to reflect that), you are taxed on the whole (not just any gain on your acquisition cost) as a dividend at your highest marginal tax rate. Still, that's nothing to what we will be paying if Corbyn gets in!
Posted at 26/11/2019 11:06 by jeffian
BBA Aviation has changed its name to Signature Aviation with the new ticker SIG. Have started this new thread as the old charts and news will no longer function.
Signature Aviation share price data is direct from the London Stock Exchange

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