Glen Eagle to seek damages over aborted Kinbauri deal

Montreal-based Glen Eagle Resources will pursue a claim for damages that it says resulted from an alleged breach of agreement by Kinbauri Gold, the firm said on Thursday. Last week, Kinbauri terminated an investment agreement with Glen Eagle,...

Kinbauri 'strongly' recommends shareholders spurn Orvana offer

Gold explorer Kinbauri Gold has “strongly” recommended that its shareholders reject a hostile offer for the company from Orvana Minerals. Orvana said on May 25 it would offer C$0,55 apiece for Kinbauri shares.

Glen Eagle 'considering options' after Kinbauri scraps investment deal

Montreal-based Glen Eagle Resources is “disappointed” that explorer Kinbauri Gold terminated an agreement between the two companies, and is considering its options in response to what it believes is a breach of agreement, the firm said on...

Orvana launches bid for Kinbauri

Gold junior Orvana Minerals has filed its promised all-cash offer for explorer Kinbauri Gold, valuing the smaller company at C$29,3-million. The two firms have been engaged in an increasingly acrimonious war of words, since Kinbauri rejected an...