Orca Gold announced the completion of its previously announced transaction with Perseus Mining and Perseus's wholly-owned subsidiary, Perseus Canada Holdings Ltd. The Arrangement was completed following the receipt of a final order approving the Arrangement from the Supreme Court of BC and the previously announced approval by Orca's shareholders [...]
Orca Gold announced that, at a special meeting held, its shareholders, optionholders and holders of share rights overwhelmingly voted to approve the previously announced acquisition by Perseus Mining of all of the issued and outstanding common shares of Orca under a plan of arrangement. Of the votes cast at the Meeting, approximately 99.99 per cent [...]
As previously announced, the special meeting of securityholders of Orca Gold will be held at 11:00 a.m. on May 16, 2022 at the offices of Blake, Cassels & Graydon LLP, at 595 Burrard Street, Vancouver, for the purpose of approving the previously announced arrangement with Perseus Mining pursuant to which each issued and outstanding common share in [...]
Orca Gold is pleased to announce that it has entered into a definitive agreement with Perseus Mining under which Perseus will acquire all of the issued and outstanding common shares of Orca not already owned by Perseus by way of a statutory plan of arrangement under the Canada Business Corporations Act. Perseus has concurrently announced the [...]
Orca Gold is pleased to welcome Perseus Mining Ltd. as a new strategic shareholder and provides a corporate update. Perseus Mining is a 500,000oz per year gold producer that operates three mines in West Africa. Confirmed by their announcement, Perseus has purchased a 15% shareholding interest in Orca from Resolute Mining Ltd. In addition to this [...]
Orca Gold CEO comments on the political situation in Sudan. "The current political unrest in Sudan resulted in a lot of panic selling in the market yesterday," commented Rick Clark, President and CEO of Orca Gold "Above all, we are happy to report that all of our in-country employees are safe and our offices and project site have not been impacted [...]
Orca Gold Inc. is pleased to announce that the Company and the Government of Sudan signed all the key development agreements to proceed with the formal construction of a large commercial gold operation at the Block 14 Gold Project in northern Sudan. The signing took place at an official ceremony held on October 20, 2021, at the Ministry of Minerals [...]
Orca Gold Inc. is pleased to announce the recommencement of exploration at Block 14 and to provide an update on its mine development initiatives. HIGHLIGHTS Illegal miners peacefully and successfully removed by the Sudan Government from Block 14 resource areas Exploration drilling will recommence in Q3 2021 Construction of a 1,700m airstrip located [...]
Orca Gold Inc. is pleased to announce that the nominees set forth in the Company's management information circular dated May 4, 2021, Richard P. Clark, Hugh Stuart, Robert Chase, David Field, Derek White and William B. White were elected as directors of the Company at the Annual General and Special Meeting held on June 8, 2021. At the Meeting, the [...]
Orca Gold Inc. is pleased to provide a report from its participation in Mouvement des Entreprises de France's Conference on Sudan in Paris, France held on May 17, 2021 and the appointment of HCF International Advisers as its financial advisor to facilitate in securing project financing for the Block 14 Gold Project in Sudan. HIGHLIGHTS Successful [...]
Orca Gold Inc. is pleased to announce that it has granted an aggregate of 4,650,000 incentive stock options to certain officers, directors, and other eligible persons of the Company. The options are exercisable, subject to vesting provisions, over a period of three years at a price of $0.59 per share. The Company has also granted a total of 508,476 [...]
Orca Gold Inc. is pleased to announce that Mr. Richard Clark, President and CEO of Orca, is invited to participate in the Paris Conference on Sudan Business Forum to be held at the MEDEF International in Paris on May 17, 2021. The Forum will serve as a platform to showcase investment opportunities in Sudan in both the public and private sectors [...]