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United States

Orvana Minerals Corp (ORV.TO)

ORV.TO on Toronto Stock Exchange

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Thu, Aug 10 2017

BRIEF-Orvana reports improved third quarter financial results on record quarterly gold production

* Orvana reports improved third quarter financial results on record quarterly gold production

BRIEF-Orvana Minerals announces US$11.3 mln debt financing

* Orvana provides update on Don Mario Operation; Announces US$11.3 million debt financing

BRIEF-Orvana reports qtrly loss per share $0.02

* Orvana reports improved second quarter financial results on highest gold production since 2014

BRIEF-Orvana Minerals forecast increase in gold ounces produced to positively impact unitary cash costs

* Orvana Minerals - sees Cil circuit to deliver substantially higher average gold recoveries of about 80% compared to recent average gold recoveries of about 55%

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