Orestone Mining Corp. is pleased to announce a non-brokered private placement consisting of up to 7,000,000 units at a price of $0.15 per Unit for aggregate gross proceeds of up to $1,050,000 . Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole Warrant will be exercisable for one common share of the Company at a price of $0.30 for one year from the date [...]
Orestone Mining Corp. has, subject to regulatory approval, granted officers, directors and consultants of the Company incentive stock options to purchase an aggregate of 250,000 common shares. The options are exercisable until October 4, 2023 at an exercise price of $0.15 per share. Orestone Mining Corp. is a Canadian based company managed by mining industry professionals. The Company controls a portfolio of gold and [...]
Orestone Mining Corp. is pleased to announce that it has signed an Option to Purchase Agreement for a 100 percent interest in the Resguardo copper project. The Resguardo project is located 95 km north east of Copiapó in northern Chile, on the Middle Tertiary porphyry copper belt, which hosts the large scale El Salvador and Potrerillos copper mines. The project consists of 2,905 hectares of mineral concessions [...]
Orestone Mining is pleased to announce the completion of its non‑brokered private placement announced on June 5, 2018. The Company issued 1,000,000 units at a price of $0.10 per Unit for gross proceeds of $100,000. Each Unit consisted of one common share and one-half of one common share purchase warrant of Orestone, with each whole warrant being exercisable for one common share of Orestone at a price of $0.15 for a term [...]
Orestone Mining is pleased to announce a non-brokered private placement consisting of a maximum of 1,000,000 units at a price of $0.10 per Unit for aggregate gross proceeds of up to $100,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole Warrant will be exercisable for one common share of the Company at a price of $0.15 for one year from the date of [...]
Orestone Mining Corp. is pleased to announce the appointment of Ms. Julia Aspillaga and Mr. Patrick Daniels to the Company's Board of Directors. Combined Julia and Patrick have over six decades of mineral industry experience and have collaborated on several projects over the years. Mr. Gary Nordin, Orestone Director states, "I worked with Julia and Patrick during the early years of Bema Gold. Julia was Bema's Country [...]
Orestone Mining has, subject to regulatory approval, granted directors, officers, employees, advisors and consultants of the Company incentive stock options to purchase an aggregate of 785,000 common shares. The options are exercisable until November 22, 2022 at an exercise price of $0.15 per share. Orestone Mining owns 100% of the Captain gold and copper project located 41 kilometers north of Fort St. James, British [...]
Orestone Mining is pleased to announce the appointment of Mr. Marc G. Blythe, P.Eng. to the Company's Advisory Board. Mr. Blythe has extensive international mining and mineral exploration experience for gold, copper, silver, nickel and zinc. He holds a Master of Business Administration degree from La Trobe University in Melbourne and a Bachelor of Mining Engineering degree from the Western Australian School of Mines. He [...]
Orestone Mining Corp. is pleased to announce that Mr. John Kanderka has joined the Company's Board of Directors. Mr. Kanderka has more than 40 years of experience in the oil and gas industry as well as the minerals industry; he currently consults for a variety of exploration and production companies in Western Canada and the United States. Mr. Kanderka has many years of corporate experience as an officer and as a director [...]
Orestone Mining Corp. is pleased to announce the completion of its non‑brokered private placement announced on September 5 and October 19, 2017. The Company issued 3,991,667 units at a price of $0.06 per Unit for gross proceeds of $239,500.02. Each Unit consisted of one common share and one common share purchase warrant of Orestone, with each warrant being exercisable for one common share of Orestone at a price of $0.10 [...]
Orestone Mining announces that the price per Unit for its non‑brokered private placement previously announced on September 5, 2017 has been increased from $0.05 to $0.06 per Unit. The private placement now consists of 3,991,667 Units for gross proceeds of $239,500.02. The terms of the private placement and the Units and the proposed use of proceeds are otherwise as previously disclosed. The private placement is subject to [...]
Orestone Mining is pleased to announce its intention to proceed with a non-brokered private placement. Under the private placement, the Company proposes to issue up to 4,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $200,000. Each unit will consist of one common share of the Company and one common share purchase warrant; each Warrant will entitle the holder to purchase one common share of the [...]