Source: Osino Resources.
  • Osino Resources Corp. (OSI) has announced a non-brokered private placement for gross proceeds of up to $10,000,000
  • Net proceeds will be used primarily to fund exploration and project development at the company’s Twin Hills gold project
  • The offering is expected to close on or before December 2, 2022
  • Osino Resources is a Canadian gold exploration and development company
  • Osino Resources Corp. (OSI) opened trading at C$0.90

Osino Resources Corp. (OSI) has announced a non-brokered private placement for gross proceeds of up to $10,000,000.

The company will issue shares at a price of $0.80 per share.

Net proceeds will be used to fund exploration and project development at the company’s Twin Hills gold project and other exploration projects in Namibia and for general working capital purposes.

The securities issued will be subject to a statutory four-month hold period. 

The offering is expected to close on or before December 2, 2022.

Osino Resources is a Canadian gold exploration and development company focused on its wholly-owned Twin Hills Gold Project in central Namibia.

Osino Resources Corp. (OSI) opened trading at C$0.90.


More From The Market Online

Barksdale hits broad, high‑grade copper in early 2026 Sunnyside drilling

Barksdale (TSXV:BRO) is accelerating drilling and expanding targets, with plans to test deeper porphyry levels and structural extensions.

2 junior mining stocks for risk-averse investors

A deep dive into NovaRed Mining and The Metals Royalty Company, two junior mining stocks on de-risked paths to critical mineral wealth.

Gold junior funds exploration next to 11-million-ounce behemoth

Visible Gold Mines raises C$2.6M to advance its Horsefly project near IAMGOLD's 11-million-ounce Nelligan Mining Complex in Quebec.

Top institutions take stakes in Quebec junior gold miner

Junior miner TomaGold closed the first phase of a capital raise with NQIM and SIDEX, two top institutional investors in Quebec.