K92 Holdings International is pleased to announce that it has received USD $1,375,421 from CRH Funding II, representing CRH's second tranche advance pursuant to the gold prepayment agreement entered into between K92 and CRH. The funds received from CRH for this second tranche are intended to be used by K92 to progress towards the restart of [...]
Otterburn Resources announces that, further to news releases of July 28, 2015, October 28, 2015, and March 8, 2016, Otterburn and K92 Mining International have closed fourth and fifth tranches of the interim financing pending closing of their previously announced RTO. To date, Otterburn raised an aggregate of C$6,067,137 through the sale of [...]
Otterburn Resources announces that, further to its news releases of July 28, 2015 and October 28, 2015, Otterburn has made application to the TSX Venture Exchange to approve increasing the size of its private placement to an aggregate of up to C$6,800,000. Otterburn is undertaking the financing in conjunction with its proposed acquisition of K92 [...]
Seasoned Geologist and Mining Professional With 32 Years of Experience Career Includes Both Operational and Corporate Management Positions Strong Track Record of Successful Capital Raising and Initial Public Offering Experience VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 16, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR [...]
- CDN$10.5 million(1) financing, comprised of US$4.8 million gold prepayment investment, and CDN$3.5 million equity investment - Cartesian Capital Group is a global private equity firm managing more than US$2 billion - K92's Kainantu Gold Project is a former operating Barrick mine in the Eastern Highlands Province of Papua New Guinea, with existing [...]
Otterburn Resources and K92 Holdings International announce that they have raised an aggregate C$1,479,930 of interim financing pending closing of their previously announced RTO. Otterburn raised the funds through the sale of subscription receipts, raising C$1,273,913 in a first tranche closing, C$75,000 in a second tranche closing, and
- Renewal of EL's 470, 693, 1341 Approved - EL 470 and EL 693 Each Cover an Area of 95 Square Kilometers Hosting the Known Gold Vein Mineralization Outside of Mining License 150 - EL 1341 Covers an Area of 248.8 Square Kilometers and a Number of Prospective Porphyry Copper-Gold Targets VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 21, 2015 [...]
Otterburn Resources and K92 Holdings International announce that they have raised an aggregate $1,348,913 of interim financing pending closing of their previously announced RTO and brokered private placement of special warrants. Otterburn raised the funds through the sale of 2,547,826 subscription receipts at $0.50 ($1,273,913) in a first tranche [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 19, 2015) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Otterburn Resources Corp. ("Otterburn") (TSX VENTURE:OBN) and K92 Holdings International Limited ("K92") are [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 11, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. Key Highlights -- Purchase of Kainantu Mine from Barrick Gold Corp. completes K92 staffs up key [...]
Otterburn Resources is pleased to announce that K92 Holdings International has received notification from Barrick Gold that the Kainantu Mine mining lease renewals sought by Barrick's wholly owned subsidiary Barrick Kainantu have been obtained. With the mining leases now renewed for 10 years from June 14, 2014, as per BKL's application to the [...]
Otterburn Resources is pleased to announce that the Company and K92 Holdings International have signed a termsheet for a US$15,000,000 Senior Secured Gold Loan Facility with Auramet International. The Facility relates to the Company's intended purchase of K92 which holds rights to acquire the Kainantu gold and copper project in Papua New Guinea [...]
