Centerra Gold Invests in Headwater Gold

MT Newswires Live

Sep 09, 2024

Centerra Gold (CGAU) signed a deal to acquire a 9.9% stake in Headwater Gold, equivalent to 7 million common shares, for about $1.5 million Canadian dollars ($1.1 million), Headwater said Monday.

The agreement prices the investment at CA$0.22 apiece, according to Headwater.

Headwater said it plans to use the proceeds for exploration activities and general working capital, and expects the offering to close on Sept. 16.

Centerra will enter into an investor rights agreement with Headwater to retain certain limited rights, Headwater said.

Centerra shares were up 5.5% in recent Monday premarket activity.

Price: 6.74, Change: +0.35, Percent Change: +5.48

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2466166934"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2466166934\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2466166934?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-09 19:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2466166934","market":"nz","top_or_hot":-1,"title":"Centerra Gold Invests in Headwater Gold","media":"MT Newswires Live","content":"<html><body><p>Centerra Gold Invests in Headwater Gold</p><p> Centerra Gold (CGAU) signed a deal to acquire a 9.9% stake in Headwater Gold, equivalent to 7 million common shares, for about $1.5 million Canadian dollars ($1.1 million), Headwater said Monday.</p><p>The agreement prices the investment at CA$0.22 apiece, according to Headwater.</p><p>Headwater said it plans to use the proceeds for exploration activities and general working capital, and expects the offering to close on Sept. 16.</p><p>Centerra will enter into an investor rights agreement with Headwater to retain certain limited rights, Headwater said.</p><p>Centerra shares were up 5.5% in recent Monday premarket activity.</p><p>Price: 6.74, Change: +0.35, Percent Change: +5.48</p></body></html>","source":"mtnewswires_live","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Centerra Gold Invests in Headwater Gold</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCenterra Gold Invests in Headwater Gold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-09 19:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Centerra Gold Invests in Headwater Gold Centerra Gold (CGAU) signed a deal to acquire a 9.9% stake in Headwater Gold, equivalent to 7 million common shares, for about $1.5 million Canadian dollars ($...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CA","symbol_name":"Xtrackers California Municipal Bond ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2466166934","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466166934","pubTimestamp":1725881872,"columns":[],"sourceInfo":{"source_id":"mtnewswires_live","name":"MT Newswires Live"},"weMediaInfo":null,"summary":"Centerra Gold Invests in Headwater Gold Centerra Gold (CGAU) signed a deal to acquire a 9.9% stake i","collect":0,"end_time":0,"defaultTopTitle":"mtnewswires.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CA":"Xtrackers California Municipal Bond ETF","BK4570":"地缘局势概念股","BK4017":"黄金","CGAU":"Centerra Gold Inc."},"translate_title":"Centerra Gold投资Headwater Gold","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CGAU":1,"CA":1},"content_text":"Centerra Gold Invests in Headwater Gold Centerra Gold (CGAU) signed a deal to acquire a 9.9% stake in Headwater Gold, equivalent to 7 million common shares, for about $1.5 million Canadian dollars ($1.1 million), Headwater said Monday.The agreement prices the investment at CA$0.22 apiece, according to Headwater.Headwater said it plans to use the proceeds for exploration activities and general working capital, and expects the offering to close on Sept. 16.Centerra will enter into an investor rights agreement with Headwater to retain certain limited rights, Headwater said.Centerra shares were up 5.5% in recent Monday premarket activity.Price: 6.74, Change: +0.35, Percent Change: +5.48","kind":"live","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}