Osino Resources announces that it has received a proposal from a foreign-based mining company for the acquisition of all of the issued and outstanding common shares of the Company and all of the issued and outstanding securities convertible into Common Shares for cash consideration of C$1.90 for each Common Share by way of a plan of arrangement [...]
Osino Resources Corp. announced today that it has filed and mailed the management information circular and related materials for the special meeting of securityholders of the Company to be held virtually on March 1, 2024 at 8:30 a.m. . At the Special Meeting, Securityholders will be asked to consider and, if deemed advisable, to pass a special [...]
Osino Resources Corp. is pleased to announce that the Supreme Court of British Columbia has issued an interim order in connection with the previously announced plan of arrangement under the Business Corporations Act , pursuant to which Dundee Precious Metals Inc. will acquire all of the issued and outstanding common shares of Osino . For further [...]
Osino Resources Corp. is pleased to announce that it has completed the initial tranche of its previously announced non-brokered private placement of common shares of the Company to Dundee Precious Metals Inc. . The Company issued 4,424,779 Common Shares to DPM at a price of C$1.13 per Common Share for aggregate gross proceeds to the Company of [...]
Highlights Completed reverse-circulation drilling of 110 boreholes at the Bulge pit at tight 12.5 x 12.5m spacing over an area covering the 1st year of open pit mining. 13 of 110 assay results are still outstanding with final results expected before end of November 2022. The program objective is to convert the first 2 years of mining from Indicated [...]
Osino Resources is pleased to announce the release of its Sustainability Report for 2022, which summarises the company's social, environmental and economic performance and outlines plans for the ongoing integration of sustainability into the design of the Twin Hills Gold Mine. The Twin Hills Gold Project, is on track to create approximately 1,000 [...]
Highlights Eureka step-out drill program consisting of seven holes for 1400m nearing completion, focussed on the first of five geophysical and surface targets in the area. Latest results received include: ORD011: 61m @ 2.4g/t Au incl. 13m @ 6.2g/t and 13m @ 3.39g/t ORD012: 20m @ 5.60g/t Au Detailed mapping on surface, combined with structural [...]
Highlights Completed RC drilling of 110 boreholes at tight spacing of 12.5m x 12.5m over a large area representing about 1 year of open pit mining at the Bulge pit . Assay results received to date returning better than expected grade intercepts, including: OKRG0093: 61m @ 3.21g/t incl. 32m @ 4.87g/t OKRG0096: 62m @ 1.50g/t incl. 7m @ 3.09g/t [...]
Osino Resources Corp. is pleased to announce that it has closed its previously announced offering through the issuance of 2,770,745 common shares of the Company priced at CAD$1.00 per Common Share for gross proceeds of CAD$2,770,745. The Company intends to use the net proceeds of the Offering for exploration and development of the Twin Hills Gold [...]
Osino Resources Corp. is pleased to announce that it has completed a bookbuild in the amount of CAD$2,770,745 in connection with an offering of common shares of the Company priced at CAD$1.00 per Common Share for gross proceeds of up to US$3,000,000. As previously announced, the Company had completed a listing of its shares on the Namibian Stock [...]
Highlights Completed the acquisition of two private farms covering approximately 10,000ha, including the full extent of the mining and ancillary infrastructure area for the Twin Hills Gold Project. Osino now owns 100% of the surface and mineral rights for the complete Twin Hill project area, thereby substantially de-risking and facilitating the [...]
Highlights Prospect Resources completes Phase 1 earn-in at Osino's Omaruru Lithium Project, Namibia. Assay results outlined a significant extension and thickening of the Karlsbrunn Main deposit root zone feeder system from surface, which remains open at depth to the northeast. Significant strike extension potential to the north of Brockmans [...]
