Key Developments: Orezone Gold Corp (ORE.TO)
27 Nov 2015
Latest Key Developments (Source: Significant Developments)
Orezone Gold Corp:Says initiated several measures to reduce its annual operating costs by approximately US$1M.Says reduction in its head office accounting staff.Joe Mccoy, VP administration and corporate secretary, will replace sean homuth as chief financial officer, effective November 30, 2015.Says company does not anticipate cabinet approval of the bombore mining permit application until the first quarter of 2016. Full Article
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
Nov 19 Stock futures pointed to a higher opening for Canada's main index on Thursday a day after the U.S. Federal Reserve's minutes flagged a rate hike next month, but also signaled that the central bank would take things slow and steady after that.