Orca Gold Inc. reports that the Company has issued an aggregate of 1,235,740 common shares to Directors and Officers of the Company 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 commencing on the [...]
Orca Gold Inc. announces that the previously announced non-brokered private placement has been fully subscribed and has closed on a total of 18,333,334 common shares for gross proceeds of approximately $5,550,000 million. All common shares issued under the Private Placement will be subject to a hold period expiring on October 3, 2020, in accordance [...]
Orca Gold Inc. is pleased to announce that the nominees set forth in the Company's management information circular dated April 27, 2020, Richard Clark, Hugh Stuart, Robert Chase, David Field and Derek White were elected as directors of the Company at the Annual General and Special Meeting held on May 28, 2020. At the Meeting the shareholders also [...]
Orca Gold Inc. announces the intention to raise up to C$5,500,000 by way of a non-brokered private placement of up to 18,333,333 common shares at a price of C$0.30 per common 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 [...]
Orca Gold Inc. provides a corporate update on recent developments. In response to the COVID-19 pandemic, Orca has implemented strict protocols at our operations . The primary focus of the Company at this point is to protect the safety and security of our personnel and their families. Working with our health and security consultants, an [...]
Orca Gold Inc. is pleased to provide an update on developments in the Republic of the Sudan. SUDAN DEVELOPMENTS: December 4, 2019: U.S. announces plan to exchange ambassadors with Sudan after 23-year gap December 14, 2019: The Sudanese Criminal Court sentences former President Omar al-Bashir to two years in prison for corruption December 20, 2019 [...]
Orca Gold Inc. announces that the Company has entered into share compensation agreements with certain directors and employees. Pursuant to the share compensation agreements, such directors and employees will receive all or a portion of their director fees or wages for the period from September 1, 2019 to December 31, 2020 in common shares of the [...]
Orca Gold Inc. announces that it has issued a total of 256,410 Deferred Share Units to non-executive Directors as an annual award outlined in the DSU Plan adopted on May 30, 2019. The Company has also granted 1,961,538 Restricted Share Units to certain officers and other eligible persons of the Company. The RSUs are granted in accordance with the [...]
Orca Gold Inc. is pleased to provide an update on its activities in the Republic of the Sudan. HIGHLIGHTS: July 17, 2019: transitional power-sharing agreement signed between the Transitional Military Council and the opposition alliance, Forces for Freedom and Change , for a period of three years August 4, 2019: The TMC and FFC sign constitutional [...]
Orca Gold Inc. is pleased to report that the transaction to combine Orca's Côte d'Ivoire assets with the assets of Avant Minerals Inc. , including cash of CAD$3.8 million has successfully closed. The combined assets have been spun out into a new private mineral exploration company named Montage Gold Corp. . At the same time, with the [...]
Orca Gold Inc. is pleased to report that an agreement has been reached in the Republic of Sudan on the establishment of an interim government towards the initiation of a full democratic process after three years. HIGHLIGHTS: December 2018: peaceful protest arose in the Sudan against the regime of President Omar Al-Bashir April 2019: President [...]
Orca Gold Inc. is pleased to report that an agreement has been reached with Avant Minerals Inc. whereby the assets of Avant will be combined with the Côte d'Ivoire assets of Orca to form a new, private mineral exploration company focused in West Africa . The new company, Montage Gold Corp. , will initially be owned 60% by Orca and 40% by [...]
