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Opus One Gold Completes $2.57 Million Financing to Advance Abitibi Exploration

Story Highlights
  • Opus One Gold completed the final tranche of a private placement, raising $340,275.
  • Total financing of about $2.57 million will support exploration work and general corporate needs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Opus One Gold Completes $2.57 Million Financing to Advance Abitibi Exploration

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The latest announcement is out from Opus One Resources Inc ( (TSE:OOR) ).

Opus One Gold Corporation has completed the second and final tranche of its non-brokered private placement, issuing 5,235,000 units at $0.065 per unit for additional gross proceeds of $340,275, with each unit consisting of one common share and one warrant exercisable at $0.10 for 24 months. Together with a prior closing in December 2025, the company has raised approximately $2.57 million in aggregate gross proceeds to fund exploration on its mineral properties and for general working capital, while also paying modest finders’ fees and issuing compensation warrants, and disclosing insider participation under related-party rules, subject to final TSX Venture Exchange approval.

More about Opus One Resources Inc

Opus One Gold Corporation is a mining exploration company focused on discovering high-quality gold and base metal deposits on strategically located properties in established mining camps of the Abitibi Greenstone Belt in north-western Quebec and north-eastern Ontario, one of the world’s most prolific gold-producing regions. The company holds assets in the Val-d’Or and Matagami areas, positioning it close to existing mines and infrastructure in this key Canadian mining district.

Average Trading Volume: 184,629

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$19.9M

See more data about OOR stock on TipRanks’ Stock Analysis page.

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