GlobeNewswire: Fura Gems Inc. Contains the last 10 of 117 releaseshttp://www.globenewswire.com/External?Length=42024-03-28T16:31:48ZGlobeNewswirehttp://www.globenewswire.com/External?Length=4newsdesk@globenewswire.com (NewsDesk)https://www.globenewswire.com/news-release/2020/10/28/2115930/0/en/Fura-Completes-Amalgamation-Transaction.html?f=22&fvtc=4&fvtv=44022Fura Completes Amalgamation Transaction2020-10-28T12:30:00Z<![CDATA[TORONTO, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Fura Gems Inc. (“Fura” or the “Company”) (TSXV: Fura, OTC: FUGMF and FRA: BJ43) is pleased to announce the successful completion of its previously announced amalgamation (the “Amalgamation”) with 2771063 Ontario Inc., a wholly owned subsidiary of Lord of Seven Hills Holdings FZE (the “Purchaser”). The Amalgamation was approved by the shareholders of the Company (the “Shareholders”) at the Company’s annual and special meeting of Shareholders held on October 6, 2020. The Amalgamation was completed pursuant to the Business Corporations Act (Ontario), on the terms set out in the acquisition agreement dated August 14, 2020. Pursuant to the Amalgamation, each outstanding common share of Fura (the “Common Shares”), other than Common Shares already held by the Purchaser, were cancelled and exchanged for a redeemable preferred share of the amalgamated corporation on a one-for-one basis and each redeemable preferred share is being redeemed for cash consideration of CAD$0.15 per share.]]>https://www.globenewswire.com/news-release/2020/10/24/2113971/0/en/Fura-Provides-Update-on-Going-Private-Transaction.html?f=22&fvtc=4&fvtv=44022Fura Provides Update on Going Private Transaction2020-10-24T22:00:00Z<![CDATA[TORONTO, Oct. 24, 2020 (GLOBE NEWSWIRE) -- Fura Gems Inc. (“Fura” or the “Company”) (TSXV: FURA, OTC: FUGMF and FRA: BJ43) is pleased to provide an update on its previously announced going private transaction (the “Transaction”). The parties are working diligently to complete the remaining legal formalities in relation to the Transaction, which is now expected to close on or about October 28, 2020, subject to the satisfaction or waiver of certain conditions.]]>https://www.globenewswire.com/news-release/2020/10/22/2112830/0/en/Fura-Arranges-US-2-5-Million-Bridge-Financing.html?f=22&fvtc=4&fvtv=44022Fura Arranges US$2.5 Million Bridge Financing2020-10-22T12:48:11Z<![CDATA[TORONTO, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Fura Gems Inc. (“Fura” or the “Company”) (TSXV: FURA, OTC: FUGMF and FRA: BJ43) is pleased to announce it has arranged for additional bridge financing in the amount of US$2,500,000 (the “Bridge Loan”). The Bridge Loan will be available for draw down by Fura pursuant to a demand promissory note (the “Note”) issued to Fura’s majority shareholder, Lord of Seven Hills Holdings FZE (the “Purchaser”). The Bridge Loan will bear interest at a rate of ten percent per annum and shall be payable upon demand.]]>https://www.globenewswire.com/news-release/2020/10/15/2109607/0/en/Fura-Negotiates-30-Year-Extension-to-Colombian-Emerald-Mining-License.html?f=22&fvtc=4&fvtv=44022Fura Negotiates 30-Year Extension to Colombian Emerald Mining License2020-10-15T22:00:00Z<![CDATA[TORONTO, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Fura Gems Inc. (“Fura” or the “Company”) (TSXV: Fura, OTC: FUGMF and FRA: BJ43) is pleased to announce that it has successfully negotiated with the Colombian National Mining Agency (the “ANM”) for a 30-year extension to Colombian emerald mining license no. 122-95M (the “License”). Fura holds a 76%-indirect equity interest in Coscuez S.A. (“Coscuez”), which holds a 100% interest in the License.]]>https://www.globenewswire.com/news-release/2020/10/06/2104649/0/en/Fura-Gems-Shareholders-Approve-Going-Private-Transaction.html?f=22&fvtc=4&fvtv=44022Fura Gems Shareholders Approve Going Private Transaction2020-10-06T22:30:00Z<![CDATA[TORONTO, Oct. 06, 2020 (GLOBE NEWSWIRE) -- Fura Gems Inc. (“Fura” or the “Company”) (TSXV: Fura, OTC: FUGMF and FRA: BJ43) is pleased to announce (i) the results of its annual and special meeting of shareholders (“AGM”) held on October 6, 2020, in Toronto, Canada; and (ii) that at the AGM the shareholders of the Company (the “Shareholders”) approved the acquisition of the Company by Lord of Seven Hills Holdings FZE (the “Purchaser”) that was previously announced on August 14, 2020, whereby a wholly-owned subsidiary of the Purchaser will amalgamate with the Company and each outstanding common share of Fura (“Common Shares”), other than Common Shares already held by the Purchaser and its affiliates, will be cancelled and exchanged for a redeemable preferred share of the amalgamated corporation on a one-for-one basis and each redeemable preferred share will be immediately automatically redeemed for cash consideration of CAD$0.15 per share (the “Transaction”). The Purchaser currently holds 140,048,752 Common Shares, representing approximately 51.5% of Fura’s 272,035,485 issued and outstanding Common Shares.]]>https://www.globenewswire.com/news-release/2020/08/26/2084037/0/en/Fura-Completes-Acquisition-of-Australian-Mining-Company.html?f=22&fvtc=4&fvtv=44022Fura Completes Acquisition of Australian Mining Company2020-08-26T12:30:00Z<![CDATA[TORONTO, Aug. 26, 2020 (GLOBE NEWSWIRE) -- Fura Gems Inc. (“Fura” or the “Company”) (TSXV: Fura, OTC: FUGMF and FRA: BJ43) is pleased to announce that it has successfully completed the Company’s previously announced acquisition of all of the issued and outstanding shares of Great Northern Mining Pty Ltd (the “Target”), a mining company located in Australia (the “Acquisition”). The assets of the Target consist of 73 mining leases (the “Tenements”), each located in Australia, as well as certain buildings, plants, fixtures, tools, and other equipment related to the Tenements. Please see the Company’s press release dated August 7, 2020 for further details.]]>https://www.globenewswire.com/news-release/2020/08/14/2078647/0/en/Fura-Gems-Enters-Into-Acquisition-Agreement-for-Going-Private-Transaction-With-its-Majority-Shareholder.html?f=22&fvtc=4&fvtv=44022Fura Gems Enters Into Acquisition Agreement for Going Private Transaction With its Majority Shareholder2020-08-14T12:50:58Z<![CDATA[Fura Arranges Bridge Financing Fura Arranges Bridge Financing]]>https://www.globenewswire.com/news-release/2020/08/07/2075243/0/en/Fura-to-Acquire-Australian-Mining-Company.html?f=22&fvtc=4&fvtv=44022Fura to Acquire Australian Mining Company2020-08-07T22:00:00Z<![CDATA[TORONTO, Aug. 07, 2020 (GLOBE NEWSWIRE) -- Fura Gems Inc. (“Fura” or the “Company”) (TSXV: Fura, OTC: FUGMF and FRA: BJ43) is pleased to announce that it has entered into a share sale agreement (the “Share Sale Agreement”) through its wholly-owned Australian subsidiary, Capricorn Sapphire Pty Ltd (the “Capricorn”), with Mosley Mining Pty Ltd (the “Vendor”), pursuant to which the Company will acquire all of the issued and outstanding shares of Great Northern Mining Pty Ltd (the “Target”), a mining company located in Australia (the “Acquisition”). The assets of the Target consist of 73 mining leases (the “Tenements”), each located in Australia, as well as certain buildings, plants, fixtures, tools, and other equipment related to the Tenements.]]>https://www.globenewswire.com/news-release/2020/07/30/2069930/0/en/Fura-Draws-Down-US-4-1-Million-From-Long-Term-Loan-Facility.html?f=22&fvtc=4&fvtv=44022Fura Draws Down US$4.1 Million From Long Term Loan Facility2020-07-30T01:00:00Z<![CDATA[TORONTO, July 29, 2020 (GLOBE NEWSWIRE) -- Fura Gems Inc. (“Fura” or the “Company”) (TSXV: FURA, OTC: FUGMF and FRA: BJ43) announces today that it has drawn down an additional US$4.1 million from its loan facility previously announced on March 10, 2020 (the “Third Advance”). As of the date of this release, no further amounts remain available for drawdown by the Company under the terms of the grid promissory note (the “Note”) issued to the lender in the maximum aggregate principal amount of US$28.6 million. The funds advanced under the Note are initially unsecured, will bear interest at a rate of ten percent per annum and have a maturity date of August 31, 2021. The principal amount of the loan as well as accrued interest will be payable on the maturity date. Please see the Company’s press releases dated March 10, 2020 and April 23, 2020 for more information about the Note and the terms thereof and the Company’s second drawdown, respectively, which are available under the Company’s SEDAR profile at www.sedar.com.]]>https://www.globenewswire.com/news-release/2020/06/23/2052079/0/en/Fura-Completes-Ruby-Transaction-in-Mozambique.html?f=22&fvtc=4&fvtv=44022Fura Completes Ruby Transaction in Mozambique2020-06-23T13:00:00Z<![CDATA[TORONTO, June 23, 2020 (GLOBE NEWSWIRE) -- Fura Gems Inc. (“Fura” or the “Company”) (TSXV: FURA, OTC: FUGMF and FRA: BJ43) is pleased to announce that it has successfully completed the Company’s previously announced acquisition (the “Acquisition”) of interests in two ruby licences/concessions in Mozambique as follows: (i) a 70% interest in ruby mining licence 5030L through the acquisition of 70% of the issued and outstanding shares of Rubies Resources SA, and (ii) an 80% interest in ruby mining concession 8921C through the acquisition of 80% of the issued and outstanding shares of Ibra Moz SA (each a “Licence”, and together the “Licences”). Fura also acquired the Vendor’s right to earn a 65% interest in mining concession 8955C under a joint venture agreement (together with the Licences, the “New Energy Assets”). Please see the Company’s press releases dated November 29, 2018 and February 11, 2020 for further details.]]>