Key Developments: Orezone Gold Corp (ORE.TO)

ORE.TO on Toronto Stock Exchange

0.52CAD
15 Apr 2014
Price Change (% chg)

$-0.08 (-13.33%)
Prev Close
$0.60
Open
$0.54
Day's High
$0.54
Day's Low
$0.48
Volume
1,007,476
Avg. Vol
198,338
52-wk High
$1.13
52-wk Low
$0.32

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Latest Key Developments (Source: Significant Developments)

Amara Mining PLC announces holding interest of Orezone Gold Corporation
Thursday, 20 Mar 2014 07:00am EDT 

Amara Mining PLC:Says it has been advised by Orezone Gold Corporation that following disposal of 11 mln ordinary shares in company at 18.5 pence per share on March 19, Orezone no longer has an interest in share capital of company.Shares sold by Orezone were part of consideration received through company's acquisition of Sega Gold Project from Orezone in Feb. 2012.  Full Article

Orezone Gold Corp Arranges CAD5 Million Non-Brokered Private Placement
Wednesday, 30 Oct 2013 09:47am EDT 

Orezone Gold Corp announced that it has arranged a non-brokered private placement financing of CAD5 Million. Under the terms of the placement, 10 million ordinary common shares of the Company will be issued at CAD0.50/share. The proceeds of the offering will be used to advance various technical studies towards the completion of a Feasibility Study for an oxide only heap leach operation at the Company's Bomboré gold project located in Burkina Faso, West Africa, and for general corporate purposes.  Full Article

Cluff Gold plc Announces Completion Of Sega Gold Project Acquisition From Orezone Gold Corp
Thursday, 24 May 2012 12:32pm EDT 

Cluff Gold plc announced completion of its acquisition of the Sega Gold Project (Seg) from Orezone Gold Corp (Orezone). Located 20km north of Cluff Gold's Kalsaka heap leach operation in Burkina Faso, Sega hosts an indicated resource of 450,366oz (8.3Mt at 1.69 g/t) and an inferred resource of 147,344oz (2.9Mt at 1.58g/t)(1), providing an opportunity to enhance Kalsaka's production profile with limited upfront capital expenditure. preliminary economic assessment of Sega is currently in progress and is expected to be completed later in Q2 2012. An environmental and social impact assessment is also currently underway to ensure that the licensing of the property can be concluded in a timely fashion to allow a smooth transition for processing from Kalsaka to Sega ore sources. As part of the completion of the transaction, Cluff Gold has issued 11 million new ordinary shares of GBP0.01 each in the Company (New Shares) to Orezone. The Toronto Stock Exchange has conditionally approved the listing of the New Shares. Application has been made for the New Shares to be admitted to trading on the AIM market of the London Stock Exchange (Admission). It is expected that Admission will take place and that trading in the New Shares will commence on AIM on May 28, 2012. The New Shares will rank pari passu with the Company's existing ordinary shares.  Full Article

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