HomepageDirectoryGuideBlog

Private Equity Solutions

Create the future you want! Learn to make money online. Visit our website and start today!  www.exclusivebizopps.com

Apollo Gold Files $100 Million Shelf Offering

By Peter Shout

Private Equity Fund Of Funds Investors reacted negatively towards the news of Apollo Gold's $100 million shelf registration, pushing its share price down 5.8% in heavy trading while its peers all closed up.

By Peter Shout Apollo Gold said Monday that its shelf registration offering for $8.5 million was approved by the SEC and perhaps just in time, as cash was beginning to get low.If you would like to receive late breaking news on stocks covered by AXcess News then you need to subscribe. By joining, box first.Print This Page Dec 22, 2004 ( SP) Apollo Gold Corp. ( APG, AGT) said Monday that its shelf registration offering for $8.5 million was approved by the SEC and perhaps just in time, as cash was beginning to get low.

Curve Equity Exposed Fund If you would like to receive late breaking news on stocks covered by AXcess News then you need to subscribe. By joining, you can stay ahead of the pack and receive the latest news in your email in-box first.Print This Page

FF&P Private Equity provides its clients with the opportunity to invest in the equity of high growth, unquoted companies whose objective is to generate attractive returns through the subsequent listing, or trade sale, of these companies. FF&P Private Equity invests typically â5 million to â25 million of equity per transaction and places particular emphasis on backing commercial managers with a track record in successful execution of business plans and enhancing shareholder value. //www.ffandp. equity.

Equity Income Funds Sept 23, 2004 (AXcess News/SP) Denver - Apollo Gold Corporation (TSX: APG, AMEX: AGT) filed a $100 million USD shelf registration Thursday with the Securities and Exchange Commission in Washington DC.

The last offering Apollo did was for $10.4 million in November 2004. By the last period ending, Apollo's cash on hand was a mere $1.2 million. The $8.6 million in cash the company netted out of the last offering went to development of its Florida Canyon, the Standard and Black Fox claims. 4 share purchase warrant.

Capital Casebook Equity R. David Russell, President and CEO of Apollo Gold, said, "Apollo Gold is continuing to investigate the different options available to Apollo Gold for the near-term and long-term funding requirements of the Company. The Form S-3 registration is part of the process to increase the Company's flexibility to complete funding requirements for the current operations, development

Clear gallon door bins offer a smart solution to large jugs and containers, freeing up additional shelf space.

Private Investment In Public projects, exploration projects and potential acquisitions or future financial transactions in a timely and efficient manner."

LapLink Gold users will also experience the fastest direct connect file transfers yet with speeds that blaze over 100 megabits per second (Mbps).

Equity Mutual Funds Russell's comments about funding current operations or future financial transactions hit home with investors following gold futures closing at a new 30-day high Thursday of $412, though Apollo was one of a handful of mining companies whose share price closed down.The market may have percieved the potential dilution Apollo would incur in placing any of its shelf stock.

Birmingham Contact Equity The company had been touting its Black Fox underground drilling program in August, releasing those results on Aug 26th.

Private Equity Investment Firm Apollo is currently working on a full feasibility study for a combined open pit and underground operation at Black Fox. Apollo previously announced open pit reserves of 457,000 ounces of gold in the first quarter 2004.AdvertisementThe June 30, 2004 quarterly report showed a loss of $3.6 million, the prior 9 months it had produced gross profits in excess of $2 million per quarter. Operating income for June 30 period showed a loss of $10.6 million, more than double the prior three periods combined. Though research and development expenditures were $4.5 million, verses $1.5 million avergage per period in the preceding 9 months.

Complying Deal Equity Funds While gold futures have climbed back over the $400 level, Apollo's chances of placing $100 million in shelf stock are better than average. Though Russell's board should consider its own share price levels before being too quick to sell stock.

Equity Msn Private Wyoming Apollo Gold (AMEX: AGT) is trading dangerously close to its 52-week low of $0.51, having closed Thursday at $0.64, down 4 cents or 5.88% on heavy volume of 484,900 shares. The 90-day average daily trading volume was reported to be 212,807 shares.

American Equity Investment Source: Source Press

Equity Index Funds AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.

[ Comment, Edit or Article Submission ]

Share this:

Add To Newsvine Add To Bloglines Add To Ask Add To Windows Live Add To Slashdot Stumble This Digg This Add To Del.icio.us Add To Reddit Add To Yahoo MyWeb Add To Google Bookmarks Add To Furl Fav This With Technorati

More about:

Nov December 2008 Jan
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

Related Blog of Private Equity Solutions on Sphere Private Equity Solutions Blog on Technorati