Otso Gold is pleased to release the following Shareholders' Letter. Dear Shareholders, In these uncertain times in the global markets and the world, the Company has made, in management's view, significant progress and believes that the Company is well positioned to leverage the favourable gold environment. In light of the Company's progress, we [...]
Otso Gold announces the postponement of the filing of its audited annual financial statements for the year ended January 31, 2020 due to logistics and delays caused by COVID-19 in the jurisdictions in which we operate. The Company will be relying on Temporary Exemption from Certain Corporate Finance Requirements, enacted by the British Columbia [...]
Otso Gold is pleased to announce the appointment of Coffey Geotechnics Ltd, a Tetra Tech Company to complete and publish an updated NI 43-101 feasibility study for the restart of the Otso Gold Mine. As previously disclosed, Tetra Tech is running a live model to support and optimize the current drill program at the Otso Gold Mine that will inform [...]
Otso Gold Corp. is pleased to announce that the Company has executed a draw-down equity financing facility of up to $8,000,000 CDN, with Alumina Partners Ltd. , an affiliate of Alumina Partners, LLC, a New York-based private equity firm that has made substantial investments in a broad range of publicly traded securities. The terms of the Draw-Down [...]
Otso Gold is pleased to announce that it has closed $3,705,032 in 10% convertible unsecured debentures of the Company. This investment ensures the Company has sufficient funds to maintain the Company and continue to progress the on-site work to continue towards production. The Debentures include a US$1.5 million investment from PFL Raahe Holdings [...]
Otso Gold announces that it has appointed Christopher Towsey as a non-executive independent director to the Board of Directors of Otso, the deployment of mining staff to site and an update on financing. Chris Towsey brings significant geological expertise to the Board of Directors and will complement the Board's expertise whilst furthering the [...]
Otso Gold Corp. is pleased to announce initial drill results from the infill drill program currently being completed to increase confidence in the mineralization and form a basis for a restart plan. The first phase of the 10-15,000 m infill drill programme at the Otso Gold Mine in Finland was completed with over 1,900 metres of diamond drilling [...]
Otso Gold Corp., is pleased to release the following Shareholders Letter. Dear Shareholders, It has been a busy period for the Company with significant progress since our last Shareholders Letter and, as a result, we thought it prudent to provide a further update before the end of 2019. Corporate Update As previously announced, we have changed the [...]
Otso Gold Corp. is pleased to announce that it has changed its name to Otso Gold Corp. and will begin trading under the ticker symbol 'OTSO' on market open Monday, December 16th, 2019. As previously announced, the Company's shareholders unanimously approved the Company's change of name on December 9, 2019. The Company is also pleased to announce [...]
Nordic Gold Inc. is pleased to report that the Company's shareholders, at a special meeting held on December 9, 2019, approved the change of name of the Company from Nordic Gold Inc. to Otso Gold Corp, as outlined in the Company's information circular dated November 8, 2019, available on SEDAR at www.sedar.com. The Company has now made all required [...]
Nordic Gold Inc. is pleased to announce that the Company has begun drilling on site. The drilling is being completed as per previously announced in the Company's corporate update dated October 22, 2019. The drill program is primarily diamond infill drilling with the current phase being completed to evaluate the southern extension of the north pit [...]
Nordic Gold Inc. is pleased to provide the following corporate update. Further to its recent announcements, the Company continues the refresh of Nordic Gold and is working towards returning the Otso Gold Mine to production in July 2020. Refresh of Nordic Gold Further to the letter to shareholders of Nordic on October 10, 2019, the Company has set [...]
