Orecap Invest Corp.

Orecap Invest Corp. is pleased to announce that it has entered into a binding term sheet for an investment in Metal Energy Corp. , a junior mineral exploration company which recently acquired the Highland Valley Project, located adjacent to Teck Resources' Highland Valley Copper mine in British Columbia . Details on Metal Energy and its Recently [...]

Highlights: 14.7 g/t gold over 59 metres, or 868-gram-metres gold, from 96m downhole, including 22.4 g/t Au over 21m Results confirm a very high-grade gold zone with strong continuity, identifying a 200-metre long corridor. Awale now has three of the highest-grade intercepts in West Africa over the last 12 months. Orecap owns 7.38M shares of Awale [...]

Highlights: South32 to invest $29M into American Eagle Gold for 19.9%, at a price of $0.875 per common share, reflecting a 15% premium American Eagle now has two cornerstone strategic investors, Teck and South32. American Eagle has ~$37M in cash. Orecap owns 11.7 million shares of American Eagle Gold. Orecap Invest Corp. is pleased to announce that [...]

Highlights: Orecap's Portfolio company Cuprum to be acquired by QC Copper in an all-share deal. Orecap's ownership in QC Copper to increase from 2.9% to 15.2% post-acquisition. The acquisition strengthens QC Copper's position as a major Canadian copper developer with two large, easily accessible multi-billion-pound copper projects. Cuprum's Thierry [...]

Orecap Portfolio Companies Recent Highlights Awale Resources announced another high-grade drill intercept showing 20 g/t gold over 29m from 149m, including 39.5 g/t gold over 8m at its Odienne project. American Eagle announced three long, high grade intercepts from surface at its NAK project. Mistango River Resources announced a 28-hole, 3-phase [...]

Highlights of the five drill holes that expand the K1 Open Pit Zone: 114 metres of 1.1% CuEq, within 171 metres of 0.98% CuEq 231 metres of 0.74% CuEq, including 126 metres of 0.83% CuEq 79 metres of 0.81% CuEq and 23.5 metres of 0.60% CuEq 25 metres of 0.74% CuEq and 31 metres of 0.55% CuEq and 28 metres of 0.5% CuEq and 56 metres of 0.56% CuEq [...]

Highlights: Curprum owns 100% of the Thierry Copper Project, the largest copper resource in Ontario Cuprum recently raised $1.2M at 12 cents and 15 cents for flow-through Orecap owns 29.5 million shares of Cuprum, valuing its investment at $3.54 million Assays for Thierry's CCM-23-53, -54, -55, 56 and -57 have been commissioned An updated NI 43-101 [...]

Orecap Invest Corp. ‎ ‎is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange to ‎conduct a Normal Course Issuer Bid to purchase for cancellation, during the 12-month period ‎starting April 2, 2024, up to 23,316,772 of the outstanding common shares of the Corporation , representing 10% of [...]

HIGHLIGHTS 26 g/t gold over 57m, 1487 gram meters gold from 164m downhole Including 45.7 g/t gold over 32m Mineralization is consistently high grade throughout the reported interval One of the highest-grade gold intersections in Africa in decades A follow-up drill program is scheduled to begin in April, with 25,000 meters planned for 2024 Orecap [...]

Highlights: Orecap maintains 100% interest in the Knight, McGarry and Mirado Properties in and around Kirkland Lake, Ontario. Agnico spent $2.5 million on the Properties but did not meet the threshold to earn any interest. Orecap is looking forward to regaining control of these strategic and well-placed assets and will be evaluating opportunities [...]