Reunion Gold corporation

Published : December 13th, 2013

Corporate Update

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Keywords :   Gold | Manganese | Report |
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Reunion Gold Corporation
TSX VENTURE: RGD
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December 13, 2013
Reunion Gold Corporation-Corporate Update
LONGUEUIL, QUEBEC--(Marketwired - Dec. 13, 2013) - 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."

CONTACT INFORMATION:
Reunion Gold Corporation
James Crombie
President and Chief Executive Officer
450.677.2585
Fax: 450.677.2601
info@reuniongold.com
INDUSTRY: Manufacturing and Production - Mining and Metals

If you no longer want to receive announcements from us, please do not reply to this e-mail. Instead simply click .

Reunion Gold corporation

CODE : RGD.V
ISIN : CA76131P1062
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Reunion Gold is a gold exploration company based in Canada.

Reunion Gold holds various exploration projects in Guyana and in Suriname.

Its main exploration properties are ANTINO 1 in Suriname and MATTHEW RIDGE in Guyana.

Reunion Gold is listed in Canada and in United States of America. Its market capitalisation is CA$ 114.3 millions as of today (US$ 83.5 millions, € 78.0 millions).

Its stock quote reached its highest recent level on November 29, 1996 at CA$ 9.28, and its lowest recent point on May 06, 2016 at CA$ 0.01.

Reunion Gold has 187 450 000 shares outstanding.

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Financings of Reunion Gold corporation
4/20/2011Announces Closing of C$40,250,000 Bought Deal Financing
6/22/2010Closing of 1st Tranche of Private Placement
5/28/2010Closing of Tranche 1 of Private Placement
Financials of Reunion Gold corporation
8/28/2008announces its Financial Results for the First Quarter Ended ...
6/23/2008announces its Financial Results for the Year Ended March 31,...
2/27/2008Announces its Financial Results
Project news of Reunion Gold corporation
3/28/2011(Matthew Ridge)Announces Signing of Mineral Agreement in Guyana
3/1/2011(Matthew Ridge)Trenching Program reveals continuous manganese mineralizatio...
Corporate news of Reunion Gold corporation
8/17/2015Reunion Gold announces Filing of Year-End Financial Statemen...
7/28/2015Reunion Gold Announces Filing of Year-End Financial Statemen...
1/20/2014Signs a Memorandum of Understanding with National Energy Cor...
1/20/2014Initiates Scoping Study for Production of Silico-Manganese A...
11/18/2013Corporate Update
9/16/2013Receives $5=2E2 Million on Termination of the Lely Option Ag...
7/12/2013Announces Mineral Reserves andPositive Pre-Feasibility Study...
6/21/2013Files its Annual Financial Statements and Provides an Update...
4/8/2013Files Technical Report
2/21/2013Announces a Significant Resource Estimate for its Matthews R...
2/13/2013Provides an Update on Its Matthews Ridge Project Including R...
10/31/2012Reports Further Drilling Results and a New Discovery from it...
9/17/2012Reports Further Drilling Results From its Matthews Ridge Man...
7/6/2011/PRESS RELEASE
7/6/2011Announces Grant of Reconnaissance Licences in Guyana
6/1/2011Trenching Program Extends Matthews Ridge Manganese Mineralis...
4/28/2011Grants Stock Options
3/3/2011Reunion Gold: Request for Information - R#: 30H.J1P.HK0.VT...
7/13/2010Repays Convertible Loan
6/18/2008APPROVAL OF ACQUISITION OF LELY MOUNTAIN PROJECT IN SURINAME
1/7/2008Completes Early Warrant Exercise Incentive Program
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TSX-V (RGD.V)OTHER OTC (RGDFF)
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