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Osino Resources (TSXV:OSI) closes oversubscribed private placement

Market News, Mining
TSXV:OSI
08 December 2022 09:00 (EDT)

Source: Osino Resources.

Osino Resources Corp. (OSI) has closed its previously announced non-brokered private placement for gross proceeds of C$11,802,000.

The company issued 14,752,500 common shares at a price of $0.80 per share.

Net proceeds will be used to fund exploration and project development expenditures at the company’s Twin Hills gold project and other exploration projects in Namibia

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

Osino Resources Corp. (OSI) opened trading at C$0.84.


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