Reunion Gold
Financials
Estimates*
CAD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
EBITDA | (6.7m) | (8.4m) | (27.9m) | (58.4m) | (27.3m) | (24.0m) | - |
Profit | (8.3m) | (8.8m) | (26.7m) | (59.2m) | (32.5m) | (24.0m) | (42.7m) |
EV / EBITDA | - | -13.0x | -14.9x | -8.9x | -29.0x | -33.0x | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
N/A | $2.2m | Post IPO Equity | |
$10.0m | Post IPO Equity | ||
* | N/A | CAD30.0m | Post IPO Equity |
* | CAD70.0m | Post IPO Equity | |
* | CAD875m Valuation: CAD875m | Acquisition | |
Total Funding | - |
Recent News about Reunion Gold
EditReunion Gold Corporation is a prominent gold exploration company operating in the Guiana Shield region of South America. The company focuses on discovering and developing gold deposits, with a significant project at the Oko West site in Guyana. In early 2021, Reunion Gold made a notable gold discovery at Oko West, announcing an initial Mineral Resource Estimate (MRE) containing 2.475 million ounces (Moz) of gold in indicated resources grading 1.84 grams per tonne (g/t) Au and 1.762 Moz of gold in inferred resources grading 2.02 g/t Au.
Reunion Gold is dedicated to sustainable mining development, aiming to minimize environmental impacts and create lasting benefits for the communities in which it operates. The company prioritizes the employment of qualified Guyanese individuals and supports this initiative with a comprehensive training program to develop the necessary skills for local employment at all levels of operations.
The company generates revenue through the exploration and potential future extraction and sale of gold. Its business model revolves around identifying promising gold deposits, conducting extensive drilling and resource estimation, and eventually moving towards production.
Reunion Gold serves investors and stakeholders interested in the mining and precious metals sector, particularly those focused on sustainable and responsible mining practices.
Keywords: gold exploration, Guiana Shield, sustainable mining, Oko West Project, Guyana, mineral resource estimate, drilling, environmental impact, community benefits, local employment.