Orezone Gold Corp.

Orezone Gold Corp. is pleased to provide an early project update of key developments on its Bombor? Gold Project in Burkina Faso since its recent project financing announcements. The Company has selected Sila Equipement ET BTP SA, an established Burkinab? company, as its open pit mining contractor for Bombor?. An important schedule milestone is the mining of the Off-Channel Reservoir which will serve as the main water [...]

Orezone Gold Corp. announces that it has completed its previously announced bought deal equity financing for aggregate gross proceeds of C$73,754,625. The Offering was co-led by Canaccord Genuity Corp. and CIBC Capital Markets, and included Raymond James Ltd., PI Financial Corp. and Sprott Capital Partners LP. The Underwriters received a cash commission equal to 4% of the gross proceeds of the Offering. Pursuant to the [...]

Orezone Gold Corp. is pleased to announce that the Company has secured binding commitments totalling in excess of US$182 million to fully finance the construction of its shovel-ready Bomboré Gold Project located in Burkina Faso, West Africa . The Project remains on track for first gold pour by Q3-2022. The Project Financing Package is comprised of the following key terms: US$96 million senior secured debt facility with [...]

Orezone Gold Corp. is pleased to announce that it has taken several key steps in advancing its 90% owned Bombor? Gold Project towards project construction. Highlights include: EPCM Award: The Company has awarded the engineering, procurement, and construction management contract to Lycopodium Minerals Pty Ltd. , a company with an excellent track record of delivering projects on time and on budget in West Africa. First gold [...]

Orezone Gold Corp. announces that pursuant to its Restricted Share Unit plan, the Company has granted 1,207,000 RSUs to certain officers and employees of the Company. Each RSU is exercisable into one common share of the Company upon vesting. The RSUs will vest in two equal installments on the first and second anniversaries from the date of grant. Orezone Gold Corp. Orezone Gold Corp. is a Canadian development company [...]

Orezone Gold Corp. announces that it has filed a final short form base shelf prospectus with the securities regulatory authorities in in each of the provinces of Canada, other than Quebec. The Final Shelf Prospectus enables the Company to offer and issue up to C$150 million of common shares, warrants, subscription receipts, units and debt securities or a combination thereof . The Securities may be issued from time to [...]

Orezone Gold Corp. is pleased to announce that the Company has now commenced relocation of families into their new homes as part of the Phase I Resettlement Action Plan at the Bombor? Gold Project in Burkina Faso. Patrick Downey, President and CEO commented, "We are pleased that the relocation of families has now commenced and was marked by a ceremony that included the traditional handing over of the house keys to the [...]

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Orezone Gold Corp. is pleased to announce that Burkina Faso’s National Commission of Mines has approved the modification of the Bombor? mining permit to include all aspects of the future Phase II Expansion. This follows on from the recent environmental approval received in April 2020 . The approval encompasses the Phase II mining and processing of higher-grade fresh rock and lower transition reserves, and the high-grade [...]

Orezone Gold announces that its senior management team and Board have voluntarily agreed to a 20% reduction in salaries and fees during the current COVID-19 situation. Senior staff and employees in Burkina Faso have also taken wage reductions during this same period and other non-essential expenditures have been reduced or eliminated. Patrick Downey, President & CEO stated, “I am pleased that the Orezone team, including [...]