Metals and Mining
Company Overview of American Bonanza Gold Corp
American Bonanza Gold Corp., a development stage mining company, is engaged in the identification, acquisition, exploration, and development of precious metals properties in the United States. The company explores primarily for gold deposits. It primarily holds a 100% leasehold interest in the Copperstone project that covers an area of approximately 11,788 acres located in La Paz county, Arizona. The company is headquartered in Vancouver, Canada. As of June 27, 2014, American Bonanza Gold Corp. operates as subsidiary of Kerr Mines Inc.
1620 West 8th Avenue
Vancouver, BC V6C 1S4
Key Executives for American Bonanza Gold Corp
Chief Executive Officer
Total Annual Compensation: $275.0K
Chief Financial Officer and Corporate Secretary
Total Annual Compensation: $121.3K
Chief Operating Officer
Total Annual Compensation: $153.3K
Compensation as of Fiscal Year 2013.
American Bonanza Gold Corp Key Developments
American Bonanza Gold Corp. Obtains the Final Order from the Supreme Court of British Columbia Approving the Proposed Business Combination of American Bonanza and Kerr Mines Inc
Jun 26 14
American Bonanza Gold Corp. announced that on June 25th the Company obtained the final order from the Supreme Court of British Columbia approving the proposed business combination of American Bonanza and Kerr Mines Inc. by plan of arrangement. There were no dissenting shareholders. The Transaction is expected to be completed on or about June 27, 2014 upon satisfaction or waiver of all of the conditions set out in the arrangement agreement entered into by American Bonanza, Kerr Mines, and a wholly-owned subsidiary of Kerr Mines on April 10, 2014. Upon completion of the Transaction, Kerr Mines, through Kerr Mines Subco, will acquire all the outstanding shares of American Bonanza through the issuance of 0.53 of a Kerr Mines common share in exchange for each American Bonanza common share. Following completion of the Transaction, American Bonanza will be de-listed from the Toronto Stock Exchange.
American Bonanza Gold Corp. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014
May 13 14
American Bonanza Gold Corp. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported loss for the period of CAD 3,355,256 against CAD 117,392 a year ago. Basic and diluted loss per common share was CAD 0.01 against CAD 0.00 year ago. Net cash used in operating activities was CAD 214,314 against net cash from operating activities of CAD 824,804 a year ago. Purchase of mineral properties, plant and equipment and capitalized production costs was CAD 763,580 against CAD 7,399,345 a year ago.
American Bonanza Gold Corp, Annual General Meeting, Jun 20, 2014
Apr 22 14
American Bonanza Gold Corp, Annual General Meeting, Jun 20, 2014., at 10:00 Pacific Standard Time. Location: Suite 1500 1055 West Georgia Street. Agenda: To receive the audited consolidated financial statements of the company for the financial year ended December 31, 2013, together with the auditor's report thereon; to appoint Smythe Ratcliffe LLP, Chartered Accountants, as auditors of the company for the ensuing year, with remuneration to be fixed by the directors; to elect the directors of the company; and to transact such other business as may properly come before the meeting or any adjournment or adjournments thereof.
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January 23, 2014