Orca Gold Inc. announces that the previously announced non-brokered private placement has been over-subscribed and has closed on a total of 19,649,998 common shares for gross proceeds of approximately $10,807,500. All common shares issued under the Offering will be subject to a hold period expiring on July 31, 2021, in accordance with applicable [...]
March 25, 2021 /CNW/ - Orca Gold Inc. is pleased to announce that in connection with the previously announced non-brokered private placement to raise $10 million by the issuance of up to 18,181,819 common shares at a price of $0.55 per share , the Private Placement has been increased to 19,650,000 common shares for aggregate gross proceeds of [...]
Orca Gold Inc. announces the intention to raise $10 million by way of a non-brokered private placement of 18,181,819 shares at a price of $0.55 per share . All common shares issued under the Private Placement will be subject to a four-month plus one day hold period in accordance with applicable Canadian securities laws. Closing of the Private [...]
Orca Gold Inc. is pleased to announce the appointment of Brad White to the Board of Directors of the Company, effective immediately. Mr. White is based in Toronto and has over twenty years of experience as a portfolio manager with a focus on alternative investments, including hedge funds, private equity and venture capital. He is currently a [...]
Orca Gold Inc. reports that the Company has issued an aggregate of 193,568 common shares to Directors and Officers of the Company on December 30, 2020 pursuant to a compensation arrangement previously announced on December 23, 2019 and approved by the TSX Venture Exchange. The common shares issued are subject to a four month and one day hold period [...]
Orca Gold Inc. is pleased to report that US lawmakers have approved a Bill reinstating Sudan's sovereign immunity. In addition to the restoration of its sovereign immunity, Congress has also approved measures that could see Sudan receive hundreds of millions of dollars in debt relief and other economic assistance from the United States. This act by [...]
Orca Gold Inc. is pleased to confirm that Sudan's designation as a State Sponsor of Terrorism is rescinded. The Company extends its congratulations to the people and government of Sudan in achieving this historical result, which recognizes the significant effort, determination, and sacrifice by the people of Sudan towards political, religious [...]
Orca Gold Inc. is pleased to announce that its subsidiary Montage Gold Corp. has obtained a receipt for its final prospectus filed with all provinces in Canada except Quebec. The prospectus filing is in connection with an initial public offering of Montage of 27,272,728 common shares at a price of $1.10 per share for gross proceeds of $30,000,001 [...]
Orca Gold Inc. is pleased to announce that the US Administration, on Monday, October 19, 2020, has stated its intention to remove Sudan from the List of State Sponsors of Terror. This intention was confirmed in a post on Twitter by President Donald Trump on the same day. This move by the US Government would end more than 25 years of Sudan being [...]
Orca Gold Inc. reports that the Company has issued an aggregate of 432,487 common shares to Directors and Officers of the Company on September 30, 2020 pursuant to a compensation arrangement previously announced on December 23, 2019 and approved by the TSX Venture Exchange. The common shares issued are subject to a four month and one day hold [...]
Orca Gold Inc. is pleased to announce a Revised Feasibility Study indicating a material improvement in operating costs on the Company's 70%-owned Block 14 Gold Project in the Republic of the Sudan. The Revised Feasibility Study incorporates updated costs and other economics from the original Feasibility Study released on November 7, 2018. REVISED [...]
Orca Gold Inc. is pleased to report that detailed engineering work since delivery of a Feasibility Study on the Company's 70%-owned Block 14 gold project in the Republic of the Sudan, has identified improvements which are likely to enhance the already strong economics or the Project. Orca expects to file a revised study in September 2020 reflecting [...]
