Denver Gold Group > Member Company Profile > Rubicon Minerals Corporation
Address
800 West Pender Street, Suite 1540
Vancouver, BC V6C 2V6
Canada
Value Drivers
- March 2008, high-grade gold discovery made at the Phoenix Gold Project, in Red Lake, Ontario
- June 2011, positive Preliminary Economic Assessment completed
- July 2011, Strategic investment of $70 million by Agnico-Eagle Mines
- August 2011, Franco Nevada acquires the pre-existing royalty at the Phoenix Gold Project
- February 2012, Rubicon closes $200 million “bought deal financing
Management
| Chairman: | n/a |
| CEO/President/MD: | David W. Adamson |
| CFO: | Robert G. Lewis |
| COO: | n/a |
| Other Key Staff: | Claude Bouchard, VP-Operations Matthew Wunder, VP-Explorations Bill Cavalluzzo, VP-Investor Relations Glenn Kumoi, VP-General Counsel and Corporate Secretary |
IR Contact
Bill Cavalluzzo
604-623-3333
bcavalluzzo@rubiconminerals.com
www.rubiconminerals.com
Cautionary Information
© Copyright 2012, Denver Gold Group & Rubicon Minerals Corporation.
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.
Rubicon Minerals Corporation
Toronto Stock Exchange : RMX
Last Updated: April 14, 2012
| Status: | Developer |
| Primary Mineral: | Gold |
| Primary Country of Operation: | Canada |
| Other Countries of Operation: | United States |
Rubicon Minerals Corporation is an exploration and development company focused on exploring and developing its high-grade gold discovery (the F2 Zone) at its Phoenix Gold Project in Red Lake, Ontario. Rubicon also controls over 100 square miles of prime exploration ground in the prolific Red Lake gold district of Ontario which hosts Goldcorp's high-grade, world class Red Lake Mine.
Other Markets Traded On
RBY:US, RU7:Frankfurt
Top Shareholders
- Agnico-Eagle Mines
- Oppenheimer Funds
- IG Investment Management
- Royal Bank of Canada
- Fidelity Investments
Capital Structure
| Common Shares Outstanding: | 287,179,669 |
| Float (%): | 90 |
| Warrants Outstanding: | 0 |
| Options Outstanding: | 12,901,326 |
| Fully Diluted Shares: | 300,080,995 |
Stock as of April 24, 2012
| Local: CAD | USD | |
|---|---|---|
| Stock Price: | 2.82 | 2.85 |
| 52-Week Range: | 2.6490 - 5.0500 | 2.68 - 5.10 |
| Market Cap: | 810 MM | 819 MM |
| Fully Diluted Market Cap: | 846 MM | 855 MM |
| 1-Year Return: | -42.68% |