Otso Gold Corp. is pleased to announce the execution today of its mining contract with E Hartikainen Oy. The Agreement is for the provision of all mining services at the Otso Gold Mine for a term of 3 years. Machinery for mining has begun to be mobilized to site in advance of the start of mining next month. Brian Wesson stated "The Company is [...]
Otso Gold Corp. is pleased to announce that it has received US$11.155 million from the exercise of 284,944,440 common share purchase warrants previously issued to Brunswick Gold Ltd on a private placement basis on February 8, 2021. For further details regarding the Warrants, see the Company's press release dated February 8, 2021. The Company [...]
Otso Gold Corp. is pleased to announce that further to its news release of 7 April 2021, Mr Andrey Maruta has effective today, been appointed as Chief Financial Officer of Otso. Andrey has over 18 years of experience in the mining and metals industry across global exchanges including LSE, AIM, ASX, TSXV and JSE. Andrey was previously the Group [...]
Otso Gold Corp. , is pleased to announce the following update on its drilling program. Further to the announcement on May 17 ,2021, the drilling campaign continues to deliver exciting results, exceeding the Company's expectations, including: 1.LV21027 5.45 m @ 7.17 g/t Au starting at 37.85 m 2.LV21027 3.68 m @ 2.32 g/t Au starting at 50.65 m [...]
Otso Gold Corp. , is pleased to announce the following update on its drilling program. As announced on April 7, 2021, the Company has been completing the second phase of its infill drilling campaign to define an intial mining plan and the planned release of an updated NI 43-101 Technical Report in June 2021 in advance of the planned restart of [...]
Otso Gold Corp. is pleased to release the following Shareholders' update. As announced on February 8, 2021, the Company secured US$11 million in funding required to complete its preparatory works on site in Finland and complete the Company's corresponding drilling campaign. The Company is excited to have both the capital and depth of experience [...]
Otso Gold Corp. is pleased to announce that it has now closed its previously announced arm's length financing with Brunswick Gold Ltd for a strategic investment of US$11 million in the Company. Pursuant to the Financing, Brunswick Gold was issued 284,944,440 units, at an issuance price equal to $0.05 per Unit. 25,904,020 of such Units were used to [...]
Otso Gold Corp. announces that it has obtained a 30 day extension from the TSXV to close its US$11 million private placement of units to Brunswick Gold Ltd. The TSXV's initial conditional approval granted to Otso on Dec 21, 2020 required the Financing to close on or before Jan 28, 2021. In order to allow for the clearance of various personal [...]
Otso Gold Corp. is pleased to announce that, further to its press release dated December 22, 2020, the Company has received shareholder approval in respect of the private placement of units for aggregate gross proceeds of US$11 million to Brunswick Gold Ltd. The Company’s annual and special shareholders meeting was held on January 20, 2021 whereat [...]
Otso Gold Corp. is pleased to announce a further update to its previously announced drilling program. As previously announced, the first portion of an expected 10,000 m drilling program was completed in 2019 with the sample assaying delayed while funding was completed. Further sample batches began to be processed in October, 2020. The drill program [...]
Otso Gold Corp. is pleased to announce that, further to its press release dated December 14, 2020 in respect of the previously announced private placement of units for aggregate gross proceeds of US$11 million to Brunswick Gold Ltd, the Company has now received TSX Venture Exchange conditional approval to same. The Company’s annual and special [...]
Otso Gold Corp. is pleased to announce that it has executed a subscription agreement with Brunswick Gold Ltd for a strategic investment of US$11 million into the Company. Brunswick Gold is a limited liability company incorporated under the laws of the Republic of Cyprus, acting at arm’s length to Otso, pursuant to which the Investor has agreed to [...]
