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 [...]
Otterburn is pleased to announce that K92 Holdings International Ltd. ("K92") has proposed Mr. Mark Eaton as a Director of the Company post completion of the share purchase agreement through which the Company acquires all of the outstanding shares of K92. Mr. Eaton is a graduate from Hull University, England and is an experienced investment [...]
Otterburn is pleased to announce the appointment of Mr. Douglas J. Kirwin, B.Sc., M.Sc., FSEG as an Advisor to K92 Holdings Internationa. See the Company's news release dated August 25, 2014 describing Otterburn signing a share exchange agreement whereby Otterburn will acquire all shares of K92 Holdings in exchange for common shares of the [...]
Otterburn Resources provides the following update to its news release of August 25, 2014, wherein it announced its proposed RTO and private placement for a minimum of $10,000,000 through the issuance of 20,000,000 common shares at $0.50 per common share involving the acquisition of K92 Holdings International. As the Private Placement will be raised [...]