RSS SubscribeDecember 17, 2025
Orestone Mining Corp. (TSX Venture Exchange Symbol: ORS) (Frankfurt: WKN: O2R2) (“Orestone” or the “Company”) is pleased to announce the completion of its nonbrokered private placement originally announced October 10, 2025 and updated October 14, 2025 and October 30, 2025.
The Company issued 28,000,000 units (“Units”) at a price of $0.08 per Unit for gross proceeds of $2,240,000. Each Unit consisted of one common share of the Company (“Common Share”) and one common share purchase warrant (“Warrant”). Each Warrant is exercisable for one Common Share at a price of $0.16 until December 16, 2026 (the “Private Placement”).