October 10, 2025
Orestone Mining Corp. (TSX Venture Exchange Symbol: ORS) (Frankfurt: O2R2) (the “Company”) is pleased to announce a non-brokered private placement consisting of up to 25,000,000 units (“Units”) at a price of $0.08 per Unit for aggregate gross proceeds of up to $2,000,000 (the “Offering”). Each Unit will consist of one common share of the Company and one common share purchase warrant (a “Warrant”). Each Warrant will be exercisable for one common share of the Company at a price of $0.16 for one year from the date of issuance.
The closing date will be on or about October 30, 2025 or such later date as the Company may determine. Closing will be subject to receipt of conditional approval by the TSX Venture Exchange (the “Exchange”). Subject to the approval of the Exchange and applicable laws, the Company may pay a cash fee of 7% of the proceeds of the Offering to certain arm’s length finders
