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Osino Resources (TSXV:OSI) announces $10M private placement

Mining, The Market Online Deal Room
TSXV:OSI
23 November 2022 09:00 (EST)

Source: Osino Resources.

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.


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