Zaruma 200 % - 400 % Chance

Zaruma Resources Inc., (TSXV-ZMR.H), (the “Company” or “Zaruma”) announces that it has executed an additional promissory note in favour of Gravity Ltd. (“Gravity”), pursuant to which Gravity may advance to the Company up to an additional Cdn$300,000 of debt financing (the “Additional Bridge Financing”), to be advanced in tranches of Cdn$75,000 each.

Gravity has already advanced Cdn$500,000 to the Company (the “Original Bridge Financing”) pursuant to a promissory note dated May 5, 2010 (the “Original Gravity Promissory Note”) and a memorandum of understanding dated May 5, 2010 (the “Gravity MOU”).  The terms of the Original Gravity Promissory Note and the Gravity MOU were disclosed in the Company’s news release dated May 6, 2010 and the Company’s management information circular dated June 17, 2010 (the “Circular”), distributed in connection with the shareholders’ meeting held on July 19, 2010.  As disclosed in the Circular, the MOU contemplates that Gravity may provide equity financing to the Company of approximately US$20 million, subject to satisfaction of various conditions, including the Company arranging new debt financing acceptable to Gravity.  As announced in the Company’s news release dated August 6, 2010, the Company has received an indicative financing term sheet in respect of a US$30 million copper off-take facility from a major international bank.  The Additional Bridge Financing is intended to fund the Company’s cash requirements while the Company continues to pursue the debt financing and the Gravity equity financing.

The terms of the Additional Bridge Financing are identical to the terms of the Original Bridge Financing.  The principal and interest owing under the Additional Bridge Financing is due May 5, 2011, subject to early maturity in certain circumstances.  Gravity has the right at any time to convert all unpaid amounts of principal and interest into common shares of the Company at a conversion price of Cdn$0.05 per share.  As consideration for the establishment of the Additional Bridge Financing, the Company will issue warrants to Gravity, on the basis of 1,500,000 warrants to be issued in respect of each advance of Cdn$75,000 under the Additional Bridge Financing.  Each warrant entitles Gravity to purchase one common share of the Company at a price of Cdn$0.10 for a period of one year from the date of issue.  If the full Cdn$300,000 is advanced under the Additional Bridge Financing, the Company would be obligated to issue an aggregate of 6,000,000 warrants to Gravity.

The Gravity MOU contains a covenant of the Corporation to not solicit or participate in discussions or negotiations concerning any equity financing other than the proposed Gravity equity financing for a period (the “Exclusivity Period”) ending on the earlier of 120 days after the first advance under the Original Gravity Promissory Note (which advance was made on May 6, 2010), the completion of the Gravity equity financing or the completion of a competing equity financing which is determined to be a proposal superior to the Gravity Equity Placement.  If the Gravity Equity Placement is not completed and Zaruma completes a competing equity financing that is a superior proposal, Zaruma is obligated to reimburse Gravity for all expenses incurred in connection with the proposed Gravity equity financing, plus US$500,000.  The Company has agreed to extend the Exclusivity Period to January 4, 2011.

Prior to the Additional Bridge Financing, Gravity held the Original Gravity Promissory Note in the principal amount of Cdn$500,000, plus 10,000,000 warrants issued in connection with the Original Bridge Financing.  If these securities were converted and/or exercised for common shares of the Company, Gravity would hold more than 10% of the then outstanding common shares of the Company.  As a result, Gravity is a “related party” of the Company, and the establishment of the Additional Bridge Financing and the extension of the Exclusivity Period is a “related party transaction” for purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”).

The Company is also indebted to Frank van de Water, a director and senior officer of the Company, in the principal amount of Cdn$100,000, pursuant to a Series A convertible debenture issued September 15, 2009 (the “Debenture”), which is due and payable on September 15, 2010.  As the Company will not be in a position to repay the Debenture on the scheduled maturity date, the Company and Mr. van de Water have agreed to extend the maturity date of the Debenture to December 14, 2010.  The extension of the maturity date of the Debenture is also a related party transaction for purposes of MI 61-101.

The Company is relying upon the financial hardship exemption from the formal valuation and minority approval requirements of MI 61-101 provided in subsection 5.5(g) and 5.7(e) of MI 61-101 in respect of the related party transactions with Gravity and with Mr. van de Water.  The independent directors of the Company (being all of the directors other than Daniel Major, with respect to the transactions with Gravity, and all of the directors other than Mr. van de Water, with respect to the extension of the Debenture) have unanimously determined that the Company is in serious financial difficulty, that the transactions are designed to improve the financial condition of the Company, and the terms of the transactions are reasonable in the circumstances of the Company.  The establishment of the Additional Bridge Financing, the extension of the Exclusivity Period and the extension of the maturity date of the Debenture will occur less than 21 days following the issuance of this news release and the filing of a material change report by the Company.  The Company’s independent directors have determined that it is reasonable and necessary to complete the related party transactions on an expedited basis, due to the Company’s immediate need for funding to continue to pursue the debt financing and the Gravity equity financing.

Zaruma is listed on the NEX Board of the TSX Venture Exchange, (symbol ZMR.H) and the Frankfurt Stock Exchange, (symbol: ZMR). Common shares outstanding: 117,608,747.

http://www.zaruma.com/

http://www.wallstreet-online.de/aktien/statistik/topsearch.html

Toronto, Ontario, November 19, 2010; Zaruma Resources Inc., (TSXV-ZMR.H), (the “Company” or “Zaruma”), today reported that the quarterly Consolidated Financial Statements and Management’s Discussion and Analysis report for the nine and three months ended September 30, 2010 have been filed on SEDAR, www.sedar.com and will be posted on the Company’s website, www.zaruma.com.
Activity in the third quarter was focused on the due diligence review of the Company and the Luz del Cobre, (“LdC”), copper project by Gravity Ltd., (“Gravity”), under a Memorandum of Understanding with regard to an equity investment of $20 million in units of common shares and warrants of the Company, and by a major international bank which has provided an indicative term sheet for a debt financing for up to $30 million in order to fund the completion of LdC to production.
As previously reported, the shareholders approved the proposed equity financing on July 19, 2010, pursuant to which Gravity or a person or persons nominated by Gravity would become the controlling shareholder of the Company. The two facilities are both subject to completing the $20 million equity financing and a minimum of $20 million in debt financing and the settlement of the outstanding debt financing from a subsidiary of Glencore International AG.
Gravity has provided bridge financing of C$800,000 to date under a convertible promissory note in order to provide working capital to the Company during the period leading up to the closing of the financing.
Gravity has advised that subject to all the conditions precedent being satisfied, Zaruma Gold Mining Ltd. (“Zaruma Gold”) will be the company subscribing for the $20 million equity investment at the closing.
The Company is making an application to the TSX Venture Exchange for a Tier 1 listing of the Company’s shares on completion of the financing. In accordance with TSXV regulations, the Company is preparing a Filing Statement with comprehensive details of the Company, LdC, and the proposed equity financing transaction that will be submitted to the shareholders in order for them to consider and if thought fit, approve the private placement of the $20 million in securities to Zaruma Gold.
A Notice of Meeting has been filed for a Shareholders’ Meeting to be held on December 29, 2010 to vote on the proposed private placement. The Management Information Circular and Form of Proxy for voting are expected to be mailed to shareholders around December 3, 2010.
The net loss for the nine months was $1,859,000 (1.6 cents per share) compared to a restated loss of $2,816,000 (2.4 cents per share) for the same period in 2009. The loss for the quarter was $746,000 compared to $971,000 in the third quarter of 2009. The 2009 results were restated to reflect the decision to expense all costs and the interest accruing on the LdC project debt during the current period of inactivity. The LdC interest cost for the nine months was $841,000, (2009- $933,000), and for the three months was $298,000 compared to $289,000 in the same period in 2009. Corporate administrative costs for the nine months were $459,000 compared to $575,000 in the same period in 2009.
This News Release contains forward-looking statements which are typically preceded by, followed by or including the words “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans” or similar expressions. Forward-looking statements are not guarantees of future performance as they involve risks, uncertainties and assumptions, including securing additional funding to continue its development programmes.
Zaruma Resources Inc. is listed on the NEX Board of the TSX Venture Exchange (symbol ZMR.H) and the Frankfurt Stock Exchanges, (symbol: ZMR). Common shares outstanding 117,608,747.

Hier handelt es sich m.M.n. um einen Vervielfacher.  

http://www.cnxmarketlink.com/en/releases/archive/...010/19/c6229.html

& Analysis

http://www.goldinvest.de/index.php/...nts-discussion-analysis-5-18966

zumindest für mich.

Bekannt ist ja, dass jeder der Beteiligten (Glencore, Gravity, Bank) vom anderen/ den anderen erwartet, den ersten Schritt zu tun.  

Für mich ein gordischer Knoten. Und jetzt sagt Zaruma, dass man glaubt, dass die Finanzierung (bank und equity ???) und die Einigung mit Glencore in der nahen (!!!) Zukunft erreicht wird. Und eine HV steht uns am 29.12. auch noch ins Haus.

On August 6, 2010 the company announced that it had received an indicative financing term sheet for up to a $30 million financing from a major international bank, with the proceeds to be used for the completion of LdC. The proposed facility is contingent on the completion of the equity financing,and the settlement of the outstanding debt financing from EMLQ..
Gravity and the bank are nearing completion of their due diligence review of the Company and the LdC project and the legal documentation for both the bank and equity financing is in process. Key terms of the loan agreement remain outstanding. The Company believes that the financing and the proposed settlement with Glencore will be achieved in the near future. Planning for the reactivation of the LdC project is ongoing with contractors and suppliers in order to resume work as soon as possible.


Ich hab mal eine Mail an van de Water auf den Weg gebracht und das Ganze mal ein bisschen hinterfragt. Wenn ich Antwort kriege, sage ich hier Bescheid.  

conversion



http://www.finanznachrichten.de/...ports-debenture-conversion-020.htm

Zaruma Resources reports Debenture Conversion

http://www.cnxmarketlink.com/en/releases/archive/...010/29/c8599.html

Nach Ansicht der Experten von GFMS wird der Kupferpreis 2013 einen Höchststand von „deutlich über“ 11.000 USD pro Tonne erreichen, da das Angebot in dieser Zeit voraussichtlich knapp sein werde. GFMS rechnet schon für 2010 mit einem Angebotsdefizit im globalen Kupfermarkt und geht davon aus, dass der Preis des roten Metalls in dem kommenden Jahren eine ganze Reihe von Rekordhochs erreichen wird.

Ein Anstieg auf die prognostizierten 11.000 USD pro Tonne würde gegenüber dem aktuellen Preis von 8.200 USD je Tonne eine Steigerung von etwa einem Drittel bedeuten. Und das, obwohl GFMS von einem Rückgang des weltweiten Wirtschaftswachstums in der ersten Jahreshälfte 2011 ausgeht, der den Kupfermarkt nach Ansicht der Experten kurzfristig in ein Überangebot führen dürfte.

GFMS rechnet aber eben auch damit, dass ab der zweiten Jahreshälfte 2011 wieder eine Defizitsituation entsteht, die auch in den zwei Jahren danach Bestand haben soll, da das Angebot Mühe haben dürfe, mit dem Verbrauch Schritt zu halten. Diese Defizite erwarten die Experten trotz eines prognostizierten Produktionsanstiegs in den kommenden Jahren.

Die hohen Preise würden bedeuten, dass Kupferproduzenten weltweit ihren Ausstoß wo immer möglich anheben werden und auch das Angebot aus Sekundärquellen weiter steigen werde. Doch der Trend hin zu einem steigenden Angebot werde auch, zumindest teilweise, durch politische Risiken in den Förderregionen, sinkende Gehalte der großen Kupferminen und Arbeitskämpfe ausgeglichen werden. Insgesamt geht GFMS davon aus, dass die Garkupferproduktion zwischen 2011 und 2013 um durchschnittlich 3,4% pro Jahr steigt.

Gleichzeitig werde aber auch die Nachfrage nach dem Industriemetall steigen, hauptsächlich angetrieben vom Wachstum der Emerging Markets, so GFMS. Dias chinesische Nachfragewachstum könnte im Vergleich zu den vergangenen Jahren zwar zurückgehen, doch die Experten rechnen zwischen 2010 und 2013 mit immer noch starken Wachstumsraten von 6%. Damit würde die Nachfrage aus China allein etwa zwei Drittel des Anstiegs des jährlichen Verbrauchs weltweit in diesem Zeitraum ausmachen, hieß es weiter.

Zudem, so die Experten weiter, werden die Kupferpreise wohl auch weiterhin durch die anhaltende Investmentnachfrage gestützt werden, was andererseits aber zu einer erhöhten Volatilität des Kupferpreise führen könne.

Insgesamt ist GFMS der Ansicht, dass die bullishen Fundamentaldaten zusammen mit der nach Ansicht der Experten wahrscheinlichen Ausweitung des Interesses an Kupfer aus dem Investmentsektor für die absehbare Zukunft zu weiteren Zuflüssen in das rote Metall führen werden.

Das sind natürlich ausgezeichnet Aussichten für angehende Kupferproduzenten oder solche, die es in Zukunft werden wollen. Ein, in Bezug auf die Studie von GFMS, perfektes Timing hätte wohl die australische Altona Mining (WKN A1C15Y), die mit der finnischen Outokumpu-Mine 2012 in Produktion gehen will und zudem auch über ein weiteres, riesiges Kupferprojekt in Australien verfügt.

Noch schneller in Produktion gehen dürfte Tiger Resources (WKN A0CAJF). Das ebenfalls in Australien beheimatete Unternehmen wird aller Voraussicht nach ab dem ersten Quartal des kommenden Jahres auf seinem Kipoi-Projekt in der Demokratischen Republik Kongo Kupfer produzieren – mit einer geplanten Produktionsrate von zunächst 35.000 Tonnen pro Jahr – und dürfte damit in Zukunft auch von den steigenden Kupferpreisen profitieren.

Noch etwas weiter entfernt von der Produktionsaufnahme ist African Metals (WKN 912759). Der kanadische Explorer hat auf seiner Liegenschaft Luisha South aber bereits eine Kupferressource von 75.000 Tonnen nachgewiesen und dürfte ebenfalls vom erwarteten Anstieg des Kupferpreises profitieren.

Hinweis: Die hier angebotenen Artikel stellen keine Kauf- bzw. Verkaufsempfehlungen dar, weder explizit noch implizit sind sie als Zusicherung etwaiger Kursentwicklungen zu verstehen und GOLDINVEST.de und seine Autoren schließen jede Haftung diesbezüglich aus. Die Artikel und Berichte dienen ausschließlich der Information der Leser und stellen keine wie immer geartete Handlungsaufforderung dar. Zwischen GOLDINVEST.de und den Lesern dieser Artikel entsteht keinerlei Vertrags- und/oder Beratungsverhältnis.  

Sinngemäß wollte ich vom ihm wissen, wie dieser in #208 angesprochene gordische Knoten gelöst werden kann, ob die terminierte HV auch stattfindet, wenn bis dahin in der Sache sich nichts bewegt und was das Zaruma-Management veranlasst  zu glauben, dass in "naher Zukunft"  finale Einigungen erreicht werden.

Ich habe zur Antwort gekriegt, dass

die Dezember-HV unabdingbare Voraussetzung für ein Fortgang der Dinge ist. Die HV muss nochmals ihre Zustimmung für den Gravity Einstieg geben,

die Zeit bis dahin genutzt wird, um mit den Anwälten die für den Abschluss der beiden Finanzierungen notwendigen Dokumentationen zu erarbeiten,

der Abschluss der Eigen- und Fremdfinanzierung  wahrscheinlich im Januar erfolgen wird.


Was ihn so zuversichtlich stimmt, darauf ist er nicht eingegangen. Aber die zeitliche Präzisierung( nahe Zukunft= Januar) hat mich so beeindruckt, dass ich nochmals nachgefragt habe, um etwaige Missverständnisse zu vermeiden. Daraufhin hat er mir diesen Zeithorizont nochmals bestätigt und ergänzt,  dass dann auch die Einigung mit Glencore auf dem Tisch liegt.

Also ich bin relativ platt; für mich ist das ein Hammer; was sagt ihr dazu?  

danke für diese Info`s. Ja, es sieht gut aus. Hatte Kontakt zu Dr. Utter. Auch er klang sehr sehr zuversichtlich. Ich gehe davon aus, dass nun tatsächlich alles in trockene Tücher kommt und wir hier vor einer gewaltigen (Kurs-)Entwicklung stehen.  

Toronto, Ontario, Canada.  Zaruma Resources Inc., (TSXV-ZMR.H), (the “Company”) today announced that the Cdn.$100,000 principal amount owing pursuant to an unsecured debenture placed with a director of the Company on September 15, 2009 has been converted into 2,000,000 common shares at the conversion price of Cdn.$0.05 per share.

As announced on November 19, 2010, a Notice of Meeting has been filed for a Shareholders’ Meeting to be held on December 29, 2010 to vote on the approval of a private equity placement of up to US$25 million by the Company.  It is expected that Zaruma Gold Mining Ltd. (“ZMG”) would subscribe for US$20 million of the private placement, such that ZMG would become the controlling shareholder of the Company. The private placement is conditional on completing a debt financing of a minimum of US$20 million and the settlement of the outstanding debt financing from a subsidiary of Glencore International AG.

A major international bank has provided an indicative term sheet for up to US$30 million in financing, subject to completing the above mentioned equity financing and settlement of the existing debt financing. Funds will be used to complete the Luz del Cobre Copper Project in Sonora, Mexico which is in an advanced stage of development and could be producing copper cathodes six months after the completion of the financing.

A Management Information Circular regarding the approval of the equity financing, the debt financing and the conditional election of two additional directors is being completed and is expected to be mailed to shareholders on or about December 3, 2010.

An application is being made to the TSX Venture Exchange for a Tier 1 listing of the Company’s shares on the completion of the financings.

Zaruma Resources Inc. is a pre-production stage company listed on the NEX Board of the TSX Venture Exchange (symbol: ZMR.H) and Frankfurt Stock Exchanges (symbol: ZMR). Common shares currently outstanding: 119,608,747.

http://www.zaruma.com/

für spekulative Anleger.

http://www.investor-verlag.de/...t-in-2011-prognostiziert-/111080382/


Kupferkurs aktuell auf Rekordjagd, Prognose 2011

http://www.aktie-2010.de/2010/11/...erung-und-kupferkurs-aktuell.html

Größter chinesischer Kupferproduzent erwartet Angebotsdefizit schon 2011

http://www.goldinvest.de/index.php/...ngebotsdefizit-schon-2011-18831

den Portfolios vieler Anleger.

http://www.daf.fm/video/...d-seltene-erden-50140425-DE0008469008.html

http://www.rohstoff-welt.de/news/...23297#Neues-Rekordhoch-bei-Kupfer

hat irgendwer hier im Thread die von denen in Aussicht gestellte Post erhalten?  

Kupfer und Gold

http://www.rohstoff-welt.de/news/...ders-positiv-fuer-Kupfer-und-Gold

http://www.rohstoff-welt.de/news/...#Kupfer-eilt-von-Rekord-zu-Rekord

http://goombarhsedge.blogspot.com/

So to start off, in the precious metals space, my favorite Gold mining Junior is:

Great Basin Gold (GBG, TSX:GBG) - here is an exclusive interview with their CEO Mr. Ferdi Dippe-naar. Great Basin is a Gold miner that will leap from mine developer to mid-tier gold producer status by 2012, in producing close to 350k ounces of Gold per year. ...

In the Silver space, my favorite Silver mining Juniors are:
Silvermex (GGCRF, TSX:SLX) - here is an exclusive interview with the former Genco CEO, Mr. Ja-mes Anderson, …
Canadian Zinc (CZICF, TSX:CZN) - here is an exclusive interview with their COO, Mr. Alan Taylor. …
US Silver (USSIF, TSX:USA) - is described here in a previous article. US Silver operates the joint Galena, Coeur and Caladay mining areas in the Silver Valley of Idaho. They are rehabilitating the Coeur mine shaft for increasing their Silver production

In the base metals mining space I am interested in the following:
Norsemont Mining (NOMFF, TSX:NOM) - is proving up their Constancia copper/Gold project in Peru. They are presently drilling to increase the 43-101 resources in a new report due 1st quarter of 2011. A 2009 feasibility study indicates a NPV (8%) of $931million, and an IRR of 27%. I believe that Norsemont is an ideal copper/Gold takeover candidate.
Belvedere Mining (BLVDF, TSX:BEL) - is a Nickel, Gold, Cobalt miner operating the Hitura nickel mine in Finland. They have an advanced Gold property in Kopsa, which ...
Adex Mining (ADXDF, TSX:ADE) - is re-opening the Mount Pleasant tin, indium, tungsten and molybdenum mine in New Brunswick Canada. ...
Zaruma Resources (TSX: ZMR.h) - is owner of the Luz del Cobre copper project with the adjacent San Antonio Gold project in Mexico. They are focused on the re-start of the Luz del Cobre heap leach mine in 2011 with the financial support of Gravity Ltd. I believe that the timing is right for Zaruma to bring this mine on-stream in 2011, the year of the Golden Bunny.  

RICHTIG Musik drin, was hier los?

 

wenn es so kommt wie erhofft; bitte nachlesen, worum es geht unter der #208, #212, #213 und #215