Denver Gold Group > Member Company Profile > Premier Gold Mines Limited


Address

401-1113 Jade Court
Thunder Bay, ON P7B 6M7
Canada


Value Drivers

  • Hardrock Consolidation
  • Red Lake Tram Development
  • Proven Gold Districts, Proven Management, Safe Jursidictions, Close to Infrastructure, High-grade Gold
  • Red Lake Exploration Success
  • Saddle Project, PQ North Drilling Success

Management

Chairman: Richard J. Hall
CEO/President/MD:  Ewan Downie
CFO: John Seaman
COO: Paul Huet
Other Key Staff: Stephen McGibbon - EVP Project & Corporate Development
Brian Morris - VP Exploration
Steve Filipovic - VP Finance

IR Contact

Matthew Gollat
1-888-346-1390

www.premiergoldmines.com


Cautionary Information

© Copyright 2012, Denver Gold Group & Premier Gold Mines Limited.

Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use. Certain information contained in this profile, including any information as to strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "believe", "expect", "will", "anticipate", "contemplate", "target", "plan", "continue", "budget", "may", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: the impact of global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future cash flows; changes in the worldwide price of commodities and energy inputs; fluctuations in currency markets; changes in global and national interest rates; risks arising from holding derivative instruments; the ability of the Company to complete or successfully integrate an announced acquisition proposal; legislative, political or economic developments in the jurisdictions in which the Company carries on business; operating or technical difficulties in connection with mining or development activities; employee relations; availability and costs associated with mining inputs and the construction of capital projects; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; changes in costs and estimates associated with the Company’s projects; adverse changes in the Company's credit rating, level of indebtedness and liquidity, contests over title to properties, particularly title to undeveloped properties; the risks involved in the exploration, development and mining business, including, without limitation, environmental hazards. Certain of these factors are discussed in greater detail in the Company's most recent regulatory filings with various national securities and other authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

 

Premier Gold Mines Limited

Toronto Stock Exchange : PG

Last Updated: April 10, 2012


Status: Explorer
Primary Mineral: Gold
Primary Country of Operation: Canada
Other Countries of Operation: United States, Mexico

PREMIER is a North American focused exploration and development company with multiple gold projects located in the heart of proven mining districts in North America. Several projects are within the prolific Superior Sub-Province of Ontario, widely considered to be one of the world's most endowed mineral regions and the birthplace of several world class Canadian gold producers and one is located in the heart of Nevada's Carlin Trend, one of the largest and most productive accumulation of gold deposits in North America. Our business model is designed to shorten the pathway to exploration success, while reducing our shareholder's exposure to risk, by focusing on:


•PROVEN mining districts.
•ACCESSIBLE regions
•HIGH GRADE deposits
•SAFE jurisdictions

The Company holds a strategic property portfolio, unrivalled in the industry, with core projects that are all potential "company-makers" in their own right.

Hardrock Project (70%PG - 30%GRC) - A rapidly growing multi-million ounce gold deposit next to the Trans-Canada Highway.

Rahill-Bonanza Joint Venture (49%PG - 51%G) - the last piece of the prolific Red Lake "Mine Trend" not 100% owned by Goldcorp.

Saddle Project (100%PG) - Located down plunge of Newmont's Rain Gold Mine in the Heart of Nevada's fertile Carlin Trend.

PQ North Project (100%PG) - Sits along strike on the same host iron formation that Goldcorp's Musselwhite Gold Mine is operating on.

We believe there is a "World of Opportunity" out there, and intend to continue making investment decisions that will secure it for our shareholders of today and tomorrow.


Other Markets Traded On

PIRGF:US, P20:GR


Top Shareholders

  • Goodman and Co
  • Investors Group
  • Oppenheimer Funds
  • Van Eck Associates Corp.
  • Fidelity Managment & Research

Capital Structure

Common Shares Outstanding: 127,431,855
Float (%): 85
Fully Diluted Shares: 127,431,855

Stock as of April 24, 2012

  Local: CAD USD
Stock Price: 4.58 4.63
52-Week Range: 4.0800 - 7.4700 4.12 - 7.55
Market Cap: 584 MM 590 MM
Fully Diluted Market Cap: 584 MM 590 MM
1-Year Return: -38.11%