VANCOUVER, British Columbia, March 13, 2018 -- Orla Mining Ltd. is pleased to announce that Mr. Etienne Morin will be joining the executive team at Orla as Chief Financial Officer. Mr. Paul Robertson will step down as Chief Financial Officer, and Mr. Morin will assume the role effective April 30, 2018. Following Mr. Morin’s appointment, Mr. Robertson will remain active with the Company in an advisory role. Marc [...]
Orla Mining is pleased to announce that it has closed its previously announced bought deal financing, including the exercise in full of the underwriters’ over-allotment option. A total of 17,581,200 units of Orla were sold at a price of $1.75 per Unit, for aggregate gross proceeds of $30,767,100. Each Unit consists of one common share of Orla and one-half of one common share purchase warrant. Each Warrant will [...]
Orla Mining Ltd. is pleased to announce that it has agreed with a syndicate of underwriters led by GMP Securities L.P., and including Paradigm Capital Inc., Cormark Securities Inc., TD Securities Inc., Desjardins Securities Inc. and Raymond James Ltd. , to increase the size of its previously announced C$25,480,000 bought deal offering. Pursuant to the upsized deal terms, the Underwriters have agreed to purchase, on a [...]
Orla Mining Ltd. announced today that it has entered into an agreement with a syndicate of underwriters led by GMP Securities L.P. , pursuant to which the Underwriters will purchase, on a bought deal basis, 14,560,000 units of the Company at a price of C$1.75 per Unit for aggregate gross proceeds to the Company of C$25,480,000 . Each Unit will consist of one common share and one-half of one common share purchase warrant [...]
VANCOUVER, British Columbia, Jan. 26, 2018 -- Orla Mining Ltd. has filed a technical report prepared in accordance with the requirements of National Instrument 43-101 on the Camino Rojo Gold Project, Municipio of Mazapil, Zacatecas, Mexico in connection with the filing of the Company’s Annual Information Form. The technical report has been filed under the Company’s profile on SEDAR and will be available on the [...]
VANCOUVER, British Columbia, Jan. 25, 2018 -- Orla Mining Ltd. is pleased to announce that it has entered into an agreement to acquire up to a 100% interest in the Monitor Gold exploration project consisting of 340 claims covering approximately 2,800 hectares in central Nevada. The Project covers zones with silicification and samples with anomalous gold in both Paleozoic carbonate rocks and overlying Tertiary volcanic [...]
VANCOUVER, British Columbia, Jan. 17, 2018 -- Orla Mining Ltd. announces that it has completed its previously-announced shares for debt settlement after being granted approval of the transaction by the TSX Venture Exchange. An aggregate of $206,783 in debt was extinguished through the issuance of an aggregate of 147,702 common shares of the Company at an issue price of $1.40 per common share. The issued common shares are [...]
VANCOUVER, British Columbia, Jan. 08, 2018 -- Orla Mining Ltd. is pleased to provide new results from the 2017 drill program at its wholly owned Cerro Quema project in Panama. Highlights are from the last two holes drilled in the Caballito Copper-Gold zone. Hole CQDH17-148 intersected 102.5 metres grading 0.46 g/t Au and 1.21% Cu and hole CQDH17-142 intersected 87.9m grading 0.36 g/t Au and 0.74% Cu and 52.8m grading 0.2 [...]
VANCOUVER, British Columbia, Dec. 27, 2017 -- Orla Mining Ltd. announces that its Board of Directors has approved a proposed share for debt settlement with certain creditors, providing for the settlement of an aggregate of $206,783 in debt through the issuance of an aggregate of 147,702 common shares of the Company at an issue price of $1.40 per common share. The Shares for Debt Settlement is subject to approval of the [...]
VANCOUVER, British Columbia, Nov. 30, 2017 -- Orla Mining Ltd. is pleased to provide an update on drilling at its wholly owned Cerro Quema project in Panama, and report continued success at the Caballito copper-gold zone. We highlight in particular diamond drill hole CQDH17-136 which intersected 158.7 metres grading 0.62 g/t Au and 0.62% Cu from 50.6 to 209.3 m depth. Lower grade mineralization below this averaged 0.15 [...]
VANCOUVER, British Columbia, Nov. 16, 2017 -- Orla Mining Ltd. is pleased to provide an update on results from the ongoing diamond drill program at its wholly owned Cerro Quema project in Panama. Highlights include two Cu-Au intercepts in the Caballito Copper zone 100 metres apart averaging 0.43 g/t Au and 0.64% Cu over 53.0m and 0.13 g/t Au and 0.80% Cu over 50.7m. Additionally, an oxide gold intercept in the Quemita [...]
Orla Mining Ltd. is pleased to announce that it has completed, pursuant to an asset purchase agreement dated June 20, 2017, as amended, with Goldcorp Inc., the previously announced acquisition of the Camino Rojo Project, a gold and silver oxide heap leach project containing 1.7 million ozs of gold reserves* located in Zacatecas State, Mexico, for consideration to Goldcorp consisting of 31.9 million common shares of Orla [...]
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