Last C$0.10 CAD
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As of 3:20 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

rio novo gold inc (RN) Snapshot

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03/6/14 - C$0.19
52 Week Low
12/13/13 - C$0.05
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rio novo gold inc (RN) Details

Rio Novo Gold Inc. is engaged in the acquisition, exploration, and development of gold mineral resource properties in South America. It owns interest in the Almas Gold project located in the Tocantins State, Brazil; the Matupá Gold Project located in the Mato Grosso State, Brazil; and the Tolda Fria Gold Project located in the district of Caldas, Colombia. The company was formerly known as Rio Novo Holdings S.A. and changed its name to Rio Novo Gold Inc. in January 2010. Rio Novo Gold Inc. was incorporated in 2008 and is based in Toronto, Canada.

Founded in 2008

rio novo gold inc (RN) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $94.0K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: $90.1K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $231.6K
Compensation as of Fiscal Year 2013.

rio novo gold inc (RN) Key Developments

Rio Novo Gold Inc. Announces New Promissory Note

Rio Novo Gold Inc. announced that it has entered into a promissory note with Cyprus River Holdings Ltd, the controlling shareholder of Rio Novo, pursuant to which Cyprus River has agreed to lend to the Company USD 150,000.00 (the "Principal Sum"). The Principal Sum under the Promissory Note will incur an interest rate of 5.397% per annum and the Promissory Note shall mature on the date which is six months following the date of issue (the "Maturity Date"). Interest on the Principal Sum shall accrue daily and shall be calculated and payable in arrears on the Maturity Date. The Company intends to use the proceeds of the Promissory Note from Cyprus River to advance the Company's mineral projects in Brazil and Colombia and for general working capital purposes.

Rio Novo Gold Inc., Annual General Meeting, Jun 23, 2014

Rio Novo Gold Inc., Annual General Meeting, Jun 23, 2014., at 14:00 US Eastern Standard Time. Location: Suite 5300, TD Bank Tower. Agenda: To receive the audited consolidated financial statements of the corporation for the financial year ended December 31, 2013, and the auditor's report thereon; to elect the directors for the ensuing year; to reappoint the auditors and authorize the directors to fix their remuneration; to consider and, if thought fit, to pass, with or without variation, a resolution re-approving and confirming the stock option plan of the Corporation and all unallocated options, rights and entitlements thereunder; and to transact such other matters as may properly come before the meeting or any adjournments of that meeting.

Rio Novo Gold Inc. Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2013

Rio Novo Gold Inc. reported audited consolidated earnings results for the year ended December 31, 2013. For the year, the company net loss was $4,474,974 or $0.04 per share compared to a net loss of $6,284,119 or $0.06 per share in 2012.


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