Allied Nevada Gold Corp.

Published : December 12th, 2014

December 12, 2014 Allied Nevada Announces Closing of Previously Announced Public Offering of Common Shares and Warrants

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

December 12, 2014 Allied Nevada Announces Closing of Previously Announced Public Offering of Common Shares and Warrants


Allied Nevada Gold Corp.

9790 Gateway Drive

Reno, NV 89521 USA NEWS RELEASE

Allied Nevada Announces Closing of Previously Announced Public Offering of

Common Stock and Warrants

December 12, 2014 | Reno, Nevada - Allied Nevada Gold Corp. ("Allied Nevada", "us", "we", "our" or the "Company") (TSX: ANV; NYSE MKT: ANV) today announced that it has closed the previously announced public offering (the "Offering") of shares of common stock and warrants, and issued 21,750,000 shares and

10,875,000 warrants for gross proceeds of US$21,750,000. In connection with the purchase, investors received one

share of our common stock and one half warrant to purchase our common stock for a price of US$1.00. Each whole warrant entitles the holder thereof to purchase one share of our common stock at an exercise price of US$1.10 for a period of five years from the closing date of the Offering. The warrants will not be separately listed for trading. H.C. Wainwright & Co., LLC acted as the sole lead placement agent for the offering in the United States and Canaccord Genuity Corp. acted as co-placement agent for the offering in Canada.

The Offering was conducted in the United States only by means of a prospectus supplement and an accompanying prospectus filed as part of an effective shelf registration statement filed with the Securities and Exchange Commission ("SEC") on Form S-3 (File No. 333-200357), which was declared effective by the SEC on November 25,

2014.

Additional details of the Company's business, finances, appointments and agreements, including the United States prospectus supplement mentioned above, can be found as part of the Company's continuous public disclosure as a reporting issuer with the SEC on EDGAR at www.sec.gov and filed with Canadian securities regulators on SEDAR at www.sedar.com. Alternatively, copies of the United States prospectus supplement can be obtained by request at H.C. Wainwright & Co., LLC by contacting by telephone at (212) 356-0527 or by e-mail at [email protected]

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

For further information on Allied Nevada, please contact:

Randy Buffington Tracey Thom

President & CEO Vice President, Investor Relations

(775) 358-4455 (775) 789-0119

Cautionary Statement Regarding Forward Looking Information

This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act") (and the equivalent under Canadian securities laws) and the Private Securities Litigation Reform Act (the "PSLRA") or in releases made by the U.S. Securities and Exchange Commission (the "SEC"), all as may be amended from time to time. This cautionary statement is being made pursuant to the Securities Act, the Exchange Act and the PSLRA with the intention of obtaining the benefit of the "safe harbor" provisions of such laws.
All statements, other than statements of historical fact, included herein or incorporated by reference, that address activities, events or developments that we expect or anticipate will or may occur in the future, are forward-looking statements. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "estimate", "plan", "anticipate", "expect", "intend", "believe", "project", "target", "budget", "may", "can", "will", "would", "could", "should", "seeks", or "scheduled to", or other similar words, or negatives of these terms or other variations of these terms or comparable language or any discussion of strategy or intentions. Such forward-looking statements include, without limitation, statements regarding our future business strategy, plans and goals; risks relating to fluctuations in the price of gold and silver; uncertainties concerning reserve, resource and grade estimates; the availability and timing of capital for financing the Company's exploration, development and expansion activities; anticipated costs, anticipated production, anticipated sales, anticipated capital expenditures, project economics, net present values and expected rates of return; the realization of expansion and construction activities and the timing thereof; production estimates and other statements that are not historical facts. Forward-looking statements address activities, events or developments that Allied Nevada expects or anticipates will or may occur in the future, and are based on current expectations and assumptions. These statements involve known and unknown risks, uncertainties, assumptions and other factors which may cause our actual results, performance or achievements to be materially different from any results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements include, among others, risks relating to fluctuations in the price of gold and silver; uncertainties concerning reserve, resource and grade
estimates; the availability and timing of capital for financing the Company's exploration, development and expansion activities; anticipated costs, anticipated production, anticipated sales, anticipated capital expenditures, project economics, net present values and expected rates of return; the realization of expansion and construction activities and the timing thereof; production estimates; as well as those factors discussed in Allied Nevada's filings with the SEC including Allied Nevada's latest Annual Report on Form 10-K and its other SEC filings (and Canadian filings) including, without limitation, its latest Quarterly Report on Form 10-Q (which may be secured from us, either directly or from our website at www.alliednevada.com or at the SEC website www.sec.gov). Although Allied Nevada has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those described in forward-looking statements, there may be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results, performance and achievements and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.

Allied Nevada Announces Closing of Offering 2

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Allied Nevada Gold Corp.

DEVELOPMENT STAGE
CODE : ANV
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Allied Nevada is a gold producing company based in United states of america.

Allied Nevada produces gold, silver in USA, develops gold and silver in USA.

Its main asset in production is HYCROFT (CROFOOT-LEWIS) MINE in USA, its main assets in development are HYCROFT, HASBROUCK - THREE HILLS and MOUNTAIN VIEW in USA and its main exploration properties are CONTACT (NEVADA), BATTLE MOUNTAIN PROPERTY, PONY CREEK/ELLIOT DOME, EDEN, COBB CREEK, WILDCAT and MAVERICK SPRINGS in USA.

Allied Nevada is listed in Canada and in United States of America. Its market capitalisation is US$ 13.9 millions as of today (€ 13.0 millions).

Its stock quote reached its lowest recent point on March 10, 2015 at US$ 0.11, and its highest recent level on June 01, 2015 at US$ 9 900.00.

Allied Nevada has 126 190 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of Allied Nevada Gold Corp.
9/1/2009Allied Nevada Gold Corp closes CAD100.35m public offering of...
Project news of Allied Nevada Gold Corp.
3/10/2015U.S. gold miner Allied Nevada files for bankruptcy
Corporate news of Allied Nevada Gold Corp.
7/10/2015Pershing Gold Corp Up-Listing to NASDAQ, All Roads Leading t...
3/16/2015March 10, 2015 Allied Nevada to Implement Financial Restruct...
3/16/2015March 13, 2015 Allied Nevada Notifies of Pending Delisting o...
3/14/2015Allied Nevada Notifies of Pending Delisting of Common Stock
3/10/2015Allied Nevada to Implement Financial Restructuring
2/20/2015Will Allied Nevada Gold (ANV) Turn It Around This Earnings? ...
1/21/2015Allied Nevada Announces Preliminary Full Year 2014 Gold and ...
12/17/2014Paramount Gold And Silver Soars 35% On Coeur Mining Acquisit...
12/15/2014Analyzing The Morning Star And Evening Star Candlestick Patt...
12/12/2014December 12, 2014 Allied Nevada Announces Closing of Previou...
12/9/2014December 9, 2014 Allied Nevada Announces Pricing of Public O...
12/5/2014December 5, 2014 Allied Nevada Provides Update on Operationa...
11/26/2014November 26, 2014 Allied Nevada Optimizes Phase 1 of the Hyc...
11/3/2014Allied Nevada Gold misses 3Q profit forecasts
10/15/2014October 15, 2014 Allied Nevada Announces Q3 Preliminary Prod...
10/15/2014October 15, 2014 Allied Nevada Announces Hycroft Mill Expans...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
AMEX (ANV)TORONTO (ANV.TO)
0.110-87.14%1.08+0.00%
AMEX
US$ 0.110
03/10 16:00 -0.750
-87.14%
Prev close Open
0.855 0.210
Low High
0.090 0.260
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.110 -100.00%
Volume 1 month var.
50,624,891 -100.00%
Produces
Develops Gold - Silver
Explores for Gold - Silver
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 2/5/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.58+2.71%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.83-4.07%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 0.47-7.33%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.53-10.32%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.02+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 3.00+0.00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 8.71-1.02%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.30+7.14%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.25+4.17%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.79-6.28%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 59.37+2.73%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+0.00%Trend Power :