- Omai Gold Mines (OMG) has announced a $3 million non-brokered private placement offering
- It will use the proceeds to advance exploration on nearby targets and expand known mineral resources at its Omai Project in Guyana, as well as for general working capital
- The offering is expected to close on or around December 16, 2022
- Omai Gold Mines holds a 100-per-cent interest in the Omai Prospecting License covering 6,109 acres in Guyana
- Omai Gold Mines (OMG) opened with a loss of 9.09 per cent trading at $0.05 per share
Omai Gold Mines (OMG) has announced a $3 million non-brokered private placement.
The company intends to offer up to 60 million common shares priced at $0.05.
It will use the proceeds to advance exploration on nearby targets and expand known mineral resources at its Omai Project in Guyana, as well as for general working capital.
The offering is expected to close on or around December 16, 2022.
All securities issued are subject to a hold period of four months and one day from the date of issuance.
Today also marks the filing of the company’s NI 43-101 “Technical Report and Updated Mineral Resource Estimate of the Omai Gold Property, Potaro Mining District No. 2, Guyana” on SEDAR.
Omai Gold Mines holds a 100-per-cent interest in the Omai Prospecting License covering 6,109 acres in Guyana.
Omai Gold Mines (OMG) opened with a loss of 9.09 per cent trading at $0.05 per share.