September 29, 2010 - Walter Berukoff Interview on BNN

The Cuban government recently announced it would be laying off about 500,000 workers. Those workers were encouraged to find new jobs in the country's burgeoning private sector. Will this spell the end of communism in Cuba? BNN finds out from Wally Berukoff, chairman and president, Red Lion Management, a global merchant bank which has extensive business dealings in Cuba.

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August 2010 - American Eagle Resources Inc.

American Eagle is a private mineral exploration company focused on the redevelopment of the high grade Tuvatu Gold Mine in Fiji. Tuvatu is a low-tonnage, high-grade gold mine having historical resources of 1.822 million tonnes at 9.22 grams per tonne, for 540,000 ounces of gold.In connection with a pre-feasibility study commissioned by American Eagle’s predecessors, a probable reserve was reported of 269,034 ounces grading 6.3 grams per tonne.

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March/April, 2010 - Cover story on Walter Berukoff in Slick World Magazine

"My Cuba. International business mogul Walter Berukoff and his Caribbean odyssey of opportunity"

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January 15, 2010 - Walter Berukoff mentioned in Evening Standard paper

*Remember Wally Berukoff? He's the mining and leisure entrepreneur who made £860,000 overnight in October by exercising an option on 200 million shares at 1p each in Vatukoula gold mines. He's off to a flyer in 2010 — making even more so far. He's got Martin Hughes, head of the Toscafund hedge fund, to thank for it. In an interview with Reuters last Friday, Hughes said Vatukoula was cheap and could rise ten-fold over the next 12 months. As a result, the shares rose by 30% from 150p to 195p — a profit of £900,000 for Berukoff. The cash is likely to head to Cuba where he is developing holiday resorts.

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January 6, 2010 - Gulf News Article mentioning Walter Berukoff

Walter Berukoff, one of several invited speakers at an architectural forum held for the grand opening of the Burj Khalifa high rise in Dubai, was mentioned in the following Gulf News article.

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November 4, 2009 - Cuba play moots £50m London float

Entrepreneurial Canadian mining and leisure chief Wally Berukoff (pictured) says he is considering raising around £50 million on the London Stock Exchange next year for his Vancouver company Leisure Canada, which is poised to make big money out of the thaw in relations between the USA and Cuba.

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November 2-4, 2009 - The 2009 Festival of Thinkers

Walter Berukoff was one of the many honoured participants at the 2009 Festival of Thinkers in the United Arab Emirates.

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October 2, 2009 - He's no Wally with £860K gold profit

It turns out that in the £9 million fundraiser announced by AIM-listed Vatukoula Gold Mines last week, its former owner, Canadian mining and leisure tycoon Wally Berukoff, made an overnight profit of £860,000 by exercising an option to buy back 200 million shares. When Canadian Zinc Corporation agreed to buy his 18% stake in Vatukoula earlier this year, Berukoff inserted the option to buy 200 million back at 1p each.

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September 30, 2009 - News Release

Update on Fijian Properties

Red Lion Management Ltd. ("Red Lion") announces that Viso Gero Global Inc. ("VGGI), a wholly owned subsidiary of Red Lion, has exercise its call option to purchase 200 million shares of Vatakoula Gold Mines (VGM) at a price of 1p per share. Consequently, Canadian Zinc Corporation ("Canadian Zinc") has exercised its option for an additional 156 million shares of VGM at 1.28 p per share.

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September 28, 2009 - Savannah Gold hopes to list in Canada in mid-2010

LONDON (Reuters) - Privately held Savannah Gold Ltd is seeking 1 million pounds in fresh investment to launch a drilling programme in Nigeria, and hopes to list the firm in Canada in the middle of next year.

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September 26, 2009 - Gold found in the highlands

IT is a gold rush as gold deposits have been discovered at Tuvatu in the Nausori highlands and overseas-based companies have been prospecting in the mineral rich hills for some time.

The Canadian mining company which has shares in the Vatukoula Gold Mines, Canadian Zinc Corporation announced on its website that Tuvatu was a high-grade gold deposit located on the island of Viti Levu, Fiji.

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August 28, 2009 - Article in Golf Magazine, featuring Walter Berukoff

"Look at the Berlin Wall," says Wally Berukoff, CEO of Leisure Canada, a Vancouver-based development company with plans to build three courses an hour east of Havana. "It took a while, but it fell."

Ask him for a timeline, and Berukoff predicts a golf course ribbon-cutting "within three to five years." But he is not the first to offer upbeat forecasts, and some observers refuse to hold their breath. Put the golf course question to Johan Vega, and he smiles wanly. "When the new ones open, show them to me," he says. "Then I'll know it's true."

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April 28, 2009 - Interview with Walter Berukoff on BNN

Leisure Canada Inc. is the leading developer of luxury resorts in Cuba. BNN interviews Walter Berukoff, chairman and CEO of Leisure Canada Inc.

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April 17, 2009 - Interview with Walter Berukoff on CNBC

Walter Berukoff, one of the few foreigners who have made a fortune in Cuba, tells CNBC why Cuba matters.

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April 11, 2009 - Various news articles regarding Vatukoula Gold Mines

Financial Times: FT.com: Vatukoula Gold Mines jumped 76.5 per cent to 1.05p after confirming it had received a number of bid approaches.

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March 27 2009 - Various news articles regarding Vatukoula Gold Mines

Vatukoula Gold Mine Placing Blocked

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August 12-14, 2008 - Various news articles regarding Viso Gero and River Diamonds

River Diamonds Denies It Faces Legal Claim

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April 2, 2008 - Press Release:

Red Lion Closes Sale of Vatukoula Gold Mine To River Diamonds

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January 18, 2008 - Press Release:

Red Lion Management Ltd. announces that Walter H. Berukoff has resigned from the Board of Directors of La Mancha Resources Inc. effective January 16, 2008.

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November 2007 - Fiji Times Article:

Westech Gold Limited Vatakoula, Fiji

This week marks the 75th anniversary of the discovery of gold in the Tavua Goldfields. On 05 November 1932, a tenacious Scotsman by the name of William (Bill) Borthwick finally found gold-bearing rock of sufficient quantity to mine beside the Lololevu Creek, a tributary of the Nasivi River.

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July 23, 2007 - Press Release:

Red Lion Management Acquires Emperor Gold Mine in Fiji

Red Lion Management (“Red Lion” or “the Company”) reports that it has acquired control of Emperor Gold Mine in Fiji, and that the Company has secured capital to put the mine into production. Red Lion is a global merchant bank, based in Vancouver, Canada and headed by international mining financier, Walter H. Berukoff.

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July 17, 2007 - River Diamonds Press Release:

Acquisition of interest in the Emperor Gold Mine, Vatukoula, Fiji

River Diamonds is pleased to announce that it has entered into an agreement to subscribe for 12.5% of the share capital of Viso Gero International Inc. (“VGI”) for a cash consideration of £2.5 million.  VGI is a company incorporated in the British Virgin Islands and an indirect subsidiary of Red Lion Management Ltd. (“Red Lion Management), a global merchant bank based in Vancouver, Canada. 

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June 2007

Red Lion Management takes control of the Vatukoula Gold Mine in Fiji. The mine has a 71 year operating history and currently retains a JORC approved underground gold mineral resource of 4.94 million ounces.

 

June 2006

Red Lion Management executed one of the most notable mining transactions of the year, whereby the gold producing and exploration assets owned by Areva NC, one of the world’s largest nuclear companies, were moved into La Mancha Resources via a reverse take-over., thereby creating a significant global gold producer on the Toronto Stock Exchange.