Omai Gold Mines Secures $13M for Expansion
Company Announcements

Omai Gold Mines Secures $13M for Expansion

Omai Gold Mines (TSE:OMG) has released an update.

Omai Gold Mines Corp. has successfully closed a $13 million brokered private placement, issuing over 108 million common shares at $0.12 each to fund exploration, development, and general corporate purposes. The placement was facilitated by Paradigm Capital Inc. among others, with a portion of proceeds going towards agent commissions and broker warrants. The newly acquired funds are poised to advance the company’s interests, including the historically productive Omai Gold Mine in Guyana.

For further insights into TSE:OMG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskOmai Gold Mines Strengthens Leadership with New Director
TipRanks Canadian Auto-Generated NewsdeskOmai Gold Mines Reveals Encouraging Drill Results
TipRanks Canadian Auto-Generated NewsdeskOmai Gold Mines Enhances Team and Preps for Summit
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App