trending Market Intelligence /marketintelligence/en/news-insights/trending/Tyze2VHfZ2x55oUctWAElA2 content esgSubNav
In This List

Carpathian Gold receives C$10M investment for Rovina Valley gold project development

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook

Case Study

An Oil and Gas Company's Roadmap for Strategic Insights in a Quickly Evolving Regulatory Landscape

Blog

Essential IR Insights Newsletter Fall - 2023


Carpathian Gold receives C$10M investment for Rovina Valley gold project development

CarpathianGold Inc. said May 9 that Forbes & Manhattan Resources Inc.will invest C$10 million in the company to help advance the gold project inRomania.

Following the private placement, Forbes will own about15.75% of Carpathian.

Forbes will subscribe to a private placement of units at 7Canadian cents apiece with each unit comprising 1 common share and 0.5 of ashare purchase warrant.

Each whole warrant will be exercisable for 1 common share at12 cents for two years.