Otis Gold Corp.

Otis Gold Corp. is pleased to announce that its Board of Directors has adopted a shareholder rights plan, effective immediately, subject to shareholder and TSX-V approval. The Board, in light of the Company's low market valuation and pre-existing market conditions, has adopted the Shareholder Rights Plan as a cautionary measure. The Company has not [...]

Otis Gold Corp. is pleased to announce that Dr. Roger Norwich has joined the Company as a Director. Dr. Norwich was a founding Director of formerly TSX-V listed Mexican Silver Mines Ltd, which completed a merger with Rio Alto Mining Limited ("Rio Alto") in 2009. He remains an Independent Director of Rio Alto, which since the merger has grown from a [...]

Otis Gold is pleased to announce that it has filed on SEDAR its final National Instrument Policy 43-101 Resource Estimate on its 100%-owned Kilgore Gold Deposit located in Clark County. This is the first resource estimate prepared by Otis (see Otis July 31, 2012 news release) since acquiring the property in the fall of 2008. The updated resource [...]

Otis Gold is pleased to announce the release of an updated National Instrument 43-101 Resource Estimate, effective July 31, 2012, for its 100%-owned Kilgore Gold Deposit located in Clark County, Idaho. This is the first resource estimate prepared by Otis since acquiring the property in the fall of 2008. The updated resource estimate includes all [...]

Otis Gold is pleased to announce the receipt of additional positive column leach gold recoveries from coarse-crush bulk samples. Tests were conducted on ore from the Company's flagship Kilgore Gold Project ("Kilgore"), located in Clark County, Idaho. In conjunction with prior column leach testing performed by Echo Bay Mines and Otis Gold (see Otis [...]

Otis Gold wishes to announce that it has closed the second tranche of the previously announced non-brokered private placement and has issued 250,000 units at a price of $0.20 per unit, for aggregate gross proceeds of $50,000. Each unit consists of one common share and one-half share purchase warrant. Each Warrant will be exercisable to purchase one [...]

Otis Gold wishes to announce it has closed the first tranche of its previously announced non-brokered private placement and has issued 7,042,500 units at a price of $0.20 per unit, for aggregate gross proceeds of $1,408,500. Each unit consists of one common share and one-half of one share purchase warrant. Each Warrant will be exercisable to [...]

Otis Gold is pleased to announce that it has increased its previously announced non-brokered private placement from CAD$750,000 to CAD$1,500,000. The Company will now issue up to 7,500,000 units at a price of CAD$0.20 per unit, for aggregate gross proceeds of up to CAD$1,500,000. Each unit will consist of one common share and one-half of one [...]

Otis Gold is pleased to announce that, due to the positive drilling results it has received during the last two drill seasons, it has acquired an additional 1,880 acres of land contiguous to the Kilgore Gold Project, increasing its total Kilgore land package to 5,130 acres. The additional land comprises 70 Federal lode mining claims (totaling 1,400 [...]

Otis Gold is pleased to announce a non-brokered private placement of up to 3,750,000 units at a price of CAD$0.20 per unit, for aggregate gross proceeds of up to CAD$750,000. Each unit will consist of one common share and one-half of one transferable common share purchase warrant. Each Warrant will be exercisable to purchase one common share of the [...]