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Opus One Resources Inc ( (TSE:OOR) ) has issued an announcement.
Opus One Gold Corporation has closed a non-brokered private placement raising approximately $2.23 million through the issuance of 21.0 million flow-through shares and 10.0 million units, each unit including one common share and one warrant exercisable at $0.10 for 24 months. The flow-through share proceeds will fund exploration on the company’s mineral properties, while net unit proceeds will support general working capital and offering-related fees; the financing, which involved finder fees and compensation warrants and is subject to TSX Venture Exchange approval, strengthens Opus One Gold’s balance sheet for ongoing exploration and also clarifies that warrants issued in an April 2025 placement carry a 24‑month, not 36‑month, term.
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 in strategically located properties within the Abitibi Greenstone Belt of northwestern Quebec and northeastern Ontario, one of the world’s most prolific gold mining regions. The company’s portfolio includes assets in the Val-d’Or and Matagami areas, positioning it near existing mines and established mining infrastructure.
Average Trading Volume: 187,430
Technical Sentiment Signal: Buy
Current Market Cap: C$16.35M
See more insights into OOR stock on TipRanks’ Stock Analysis page.