Source: Opus One Gold Corporation
  • Opus One Gold Corp. (OOR) announced a non-brokered private placement for gross proceeds of up to C$200,000
  • The gross proceeds from the issuance of the FT units will be used for Canadian exploration expenses
  • Opus One Gold Corporation is a mining exploration company focused on discovering high quality gold and base metals deposits in proven mining camps
  • Opus One Gold Corporation (OOR) opened trading at $0.01

Opus One Gold Corp. (OOR) announced a non-brokered private placement for gross proceeds of up to C$200,000.

The company will issue flow-through units. Each FT unit, priced at $0.02, will consist of one flow-through common share and one-half of one non-flow-through share purchase warrant. Each warrant entitles the holder to acquire one additional share at an exercise price of $0.05 for a period of 24 months following the closing of the offering.

The gross proceeds from the issuance of the FT units will be used for Canadian exploration expenses.

Opus One Gold Corporation is a mining exploration company focused on discovering high quality gold and base metals deposits in proven mining camps, close to existing mines in the Abitibi Greenstone Belt, north-western Quebec and north-eastern Ontario – one of the most prolific gold mining areas in the world. Opus One holds assets in Val-d’Or and Matagami areas.

Opus One Gold Corporation (OOR) opened trading at $0.01.


More From The Market Online
Hudbay Minerals - President and CEO, Peter Kukielski.

Hudbay signs US$300M financing to advance B.C. copper project

Hudbay Minerals (TSX:HBM) plans to raise US$300.2 million in an equity offering to help fund near-term growth at its Copper Mountain unit.
The Market Online Video

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle

Graham Downs and Adam Coulter of Cascadia Minerals (TSXV:CAM) discuss promising projects in the Yukon Territory and British Columbia.

Phenom Resources acquires King Solomon Gold Project

Phenom Resources (TSXV:PHNM) gears up to acquire a 100 per cent interest in the King Solomon Gold Project in Nevada.