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An update from Omega Pacific Resources, Inc. ( (TSE:OMGA) ) is now available.
Omega Pacific Resources Inc. has completed the first tranche of its non-brokered private placement, raising $292,500 to fund exploration at the Williams Property and for general working capital. The company has also terminated its option agreement for the Lekcin property to concentrate efforts on the Williams Property, which is seen as a promising site for mineral exploration. This move aligns with Omega Pacific’s strategic focus on capitalizing on the Williams Property’s potential, enhancing its position in the emerging Toodoggone District.
More about Omega Pacific Resources, Inc.
Omega Pacific Resources Inc. is a mineral exploration company focused on developing the Williams Property in British Columbia’s Toodoggone District. This region is gaining recognition as a prime exploration and development area, attracting major mining companies and strategic investors. Omega Pacific discovered a significant bulk tonnage gold system with high-grade gold zones at the GIC Prospect on the Williams Property in 2024.
Average Trading Volume: 46,151
Technical Sentiment Signal: Sell
For a thorough assessment of OMGA stock, go to TipRanks’ Stock Analysis page.