Gabriel Resources Ltd. (GBU)
TSXV: GBU · Gold, Silver · Exploration stage
- Market cap$34.7M
- Share price$0.125
- 52-week range$0.070 – $0.250
- Shares outstanding277,223,441
- ExchangeTSXV
- Websitewww.gabrielresources.com
Gabriel is a Canadian resource company listed on the TSX Venture Exchange. The Company's principal business has been the exploration and development of the Ro¿ia Montan¿ gold and silver project in Romania, one of the largest undeveloped gold deposits in Europe. Upon obtaining the License in June 1999, the Company focused substantially all of their management and financial resources on the exploration, feasibility and subsequent development of the Ro¿ia Montan¿ Project. An extension of the exploitation license for the Ro¿ia Montan¿ Project (held by Ro¿ia Montan¿ Gold Corporation S.A., a Romanian company in which Gabriel owns an 80.69% equity interest, with the 19.31% balance held by Minvest Ro¿ia Montan¿ S.A., a Romanian state-owned mining company) was rejected by the competent authority in late June 2024.
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