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Minen Minen Otso Gold Corp.Nachrichten

Otso Gold Corp.

Branche:

Bergbau

Heimatland:

Kanada

degelistet seit:

Januar 2022

aufgrund:

Konkurs

Otso Gold Executes Mining Contract for the Restart of Production in September

Otso Gold Corp. is pleased to announce the execution today of its mining contract with E Hartikainen Oy. The Agreement is for the provision of all mining services at the Otso Gold Mine for a term of 3 years. Machinery for mining has begun to be mobilized to site in advance of the start of mining next month. Brian Wesson stated "The Company is pleased to have partnered with Hartikainen at the Otso Gold Mine and looks [...]

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11.08.2021

von The Newswire
Otso Gold Announces Proceeds of US$11.155 Million from Warrant Exercise and Corporate Update

Otso Gold Corp. is pleased to announce that it has received US$11.155 million from the exercise of 284,944,440 common share purchase warrants previously issued to Brunswick Gold Ltd on a private placement basis on February 8, 2021. For further details regarding the Warrants, see the Company's press release dated February 8, 2021. The Company intends to use the proceeds from the exercise of the Warrants to enable it [...]

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21.07.2021

von The Newswire
Otso Gold Corp. Appointment of Chief Financial Officer

Otso Gold Corp. is pleased to announce that further to its news release of 7 April 2021, Mr Andrey Maruta has effective today, been appointed as Chief Financial Officer of Otso. Andrey has over 18 years of experience in the mining and metals industry across global exchanges including LSE, AIM, ASX, TSXV and JSE. Andrey was previously the Group Chief Financial Officer for Kore Potash Plc and the Chief Financial [...]

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11.06.2021

von The Newswire
Otso Gold Drilling Program Exceeds Expectations

Otso Gold Corp. , is pleased to announce the following update on its drilling program. Further to the announcement on May 17 ,2021, the drilling campaign continues to deliver exciting results, exceeding the Company's expectations, including: 1.LV21027 5.45 m @ 7.17 g/t Au starting at 37.85 m 2.LV21027 3.68 m @ 2.32 g/t Au starting at 50.65 m 3.LV21001 18.47 m @ 1.69 g/t Au starting at 28.90 m 4.LV21001 3.42 m @ 1.34 [...]

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01.06.2021

von The Newswire
Otso Gold Drilling Program Well Advanced

Otso Gold Corp. , is pleased to announce the following update on its drilling program. As announced on April 7, 2021, the Company has been completing the second phase of its infill drilling campaign to define an intial mining plan and the planned release of an updated NI 43-101 Technical Report in June 2021 in advance of the planned restart of production in Q3 2021. The Company has completed 5,300m of drilling since [...]

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17.05.2021

von The Newswire
Otso Gold Corp. Shareholder Update

Otso Gold Corp. is pleased to release the following Shareholders' update. As announced on February 8, 2021, the Company secured US$11 million in funding required to complete its preparatory works on site in Finland and complete the Company's corresponding drilling campaign. The Company is excited to have both the capital and depth of experience that Brunswick Gold Ltd brings and the path is now clear for the return [...]

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07.04.2021

von The Newswire
Otso Gold Corp. Completes US$11 Million Strategic Investment and Begins to Move to Production

Otso Gold Corp. is pleased to announce that it has now closed its previously announced arm's length financing with Brunswick Gold Ltd for a strategic investment of US$11 million in the Company. Pursuant to the Financing, Brunswick Gold was issued 284,944,440 units, at an issuance price equal to $0.05 per Unit. 25,904,020 of such Units were used to settle the principal on the US$1 million unsecured loan owed to [...]

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08.02.2021

von The Newswire
Otso Gold Corp. Announces 30 Day Extension to Close the US$11 Million Strategic Investment by Brunswick Gold Ltd

Otso Gold Corp. announces that it has obtained a 30 day extension from the TSXV to close its US$11 million private placement of units to Brunswick Gold Ltd. The TSXV's initial conditional approval granted to Otso on Dec 21, 2020 required the Financing to close on or before Jan 28, 2021. In order to allow for the clearance of various personal information forms filed by the Brunswick Gold principals in connection with [...]

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22.01.2021

von The Newswire
Otso Gold Announces Receipt of Shareholder Approval of US$11 Million Strategic Investment by Brunswick Gold Ltd

Otso Gold Corp. is pleased to announce that, further to its press release dated December 22, 2020, the Company has received shareholder approval in respect of the private placement of units for aggregate gross proceeds of US$11 million to Brunswick Gold Ltd. The Company’s annual and special shareholders meeting was held on January 20, 2021 whereat the Company’s shareholders overwhelmingly voted to: - elect Brian [...]

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20.01.2021

von The Newswire
Otso Gold Corp. Releases Update to Drilling Program

Otso Gold Corp. is pleased to announce a further update to its previously announced drilling program. As previously announced, the first portion of an expected 10,000 m drilling program was completed in 2019 with the sample assaying delayed while funding was completed. Further sample batches began to be processed in October, 2020. The drill program results will be compiled and interpreted as they are received and [...]

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23.12.2020

von The Newswire
Otso Gold Corp. Obtains Conditional Approval from the TSXVenture Exchange to its Proposed Brunswick Gold Financing

Otso Gold Corp. is pleased to announce that, further to its press release dated December 14, 2020 in respect of the previously announced private placement of units for aggregate gross proceeds of US$11 million to Brunswick Gold Ltd, the Company has now received TSX Venture Exchange conditional approval to same. The Company’s annual and special shareholders meeting will be held on January 20, 2021. At such Meeting [...]

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22.12.2020

von The Newswire
Otso Enters into Subscription Agreement with Strategic Investor to Raise US$11 Million and Begins to Move to Production

Otso Gold Corp. is pleased to announce that it has executed a subscription agreement with Brunswick Gold Ltd for a strategic investment of US$11 million into the Company. Brunswick Gold is a limited liability company incorporated under the laws of the Republic of Cyprus, acting at arm’s length to Otso, pursuant to which the Investor has agreed to purchase 284,944,440 units , at an issuance price equal to $0.05 per [...]

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14.12.2020

von The Newswire

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