News archive November 2013

New Significant Shareholder following Successful Placing

Hummingbird, the Liberian gold exploration and development company, is pleased to announce the successful placement of 2,758,393 new Ordinary Shares at a price of 41 pence per new Ordinary Share, to raise approximately £1.1 million (before expenses) with Exploration Capital Partners 2012 Limited Partnership (“Exploration Capital”) (the “Placing”). Exploration Capital is a private investment fund managed by Resource Capital Investment Corp., part of the Sprott Group of Companies. The Directors intend that the net proceeds of the Placing will be…

Published 28 Nov, 2013 - Read full story


Updated Interim Tuzon Resource

Hummingbird, the Liberian gold exploration and development company, is pleased to announce an updated interim Mineral Resource Estimate for its Tuzon Deposit located within the Dugbe 1 Project.

Highlights

·    New Mineral Resource estimate provided by SRK Consulting (UK) Ltd constrained within a US$1,500 pit shell and
using a 0.5 g/t cut off grade comprises 37.6 Mt at an average grade of 1.27 g/t for 1.54 Moz of gold

·    The Mineral Resource…

Published 28 Nov, 2013 - Read full story


Result of AGM

Hummingbird announces that at the Company’s Annual General Meeting held earlier today, all resolutions proposed were duly passed.

Published 19 Nov, 2013 - Read full story


Appointment of Endeavour Financial for Debt Financing mandate

Hummingbird, the Liberian gold exploration and development company with a 3.8Moz gold Resource, is pleased to announce it has appointed Endeavour Financial (“Endeavour”) to assist in arranging the Project Finance Debt Facility for the Company’s Dugbe 1 Project in Liberia, West Africa.

Endeavour will work with the Company to identify and help implement various financing options for the Dugbe 1 Project, assist in review of all project work and contracts and work with Hummingbird to meet its development…

Published 13 Nov, 2013 - Read full story


Change of Adviser

Hummingbird, the Liberian gold exploration and development company with a 3.8Moz gold Resource, is pleased to announce the appointment of Cantor Fitzgerald Europe to act as its Nominated Adviser and Corporate Broker with immediate effect.

Published 11 Nov, 2013 - Read full story


DTI Funding for DFS

South African Department of Trade and Industry Commit Funding for Definitive Feasibility Study

Hummingbird, the Liberian gold exploration and development company with a 3.8Moz gold Resource, is pleased to announce that MDM Engineering (“MDM”), which was appointed lead consultant for Hummingbird’s Detailed Feasibility Study (“DFS”) and Front End Engineering and Design (“FEED”) in July 2013, has received approval from the South African Department of Trade and Industry (“DTI”) for a grant to support MDM’s consultancy work in…

Published 7 Nov, 2013 - Read full story


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