VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 2, 2017) - Orla Mining Ltd. (TSX VENTURE:OLA) ("Orla" or the "Company") announces that effective as of January 31, 2017, Orla has unilaterally redeemed, in accordance with their terms, the class A shares issued in connection with the arrangement between Orla and Pershimco Resources Inc., as further described in the management information circulars of each of Orla and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 19, 2017) - Orla Mining Ltd. (TSX VENTURE:OLA) ("Orla" or the "Company") has commenced a drilling program at its 100% owned Cerro Quema project in Panama. The initial holes will be targeted on areas proximal to the existing oxide gold resource that have a high potential to host additional resources. Success in this part of drilling program may provide material to incorporate [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 23, 2016) - Orla Mining Ltd. ("Orla") (TSX VENTURE:OLA) announces that Kerry Sparkes has resigned as a member of the Board effective immediately in order to focus his efforts on other commitments. Marc Prefontaine, Orla's President & Chief Executive Officer, commented, "On behalf of the Board, I wish to thank Mr. Sparkes for his contribution and commitment to the Company and [...]
Orla Mining and Pershimco Resources are pleased to announce that they have completed the previously announced plan of arrangement under the Canada Business Corporations Act, pursuant to which Orla and Pershimco have combined to create a new gold company in the Americas. In connection with the closing of the Arrangement, the proceeds of Orla's previously completed C$50 million private placement of subscription receipts [...]
Orla Mining and Pershimco Resources are pleased to announce that in connection with the proposed amalgamation of Orla and Pershimco pursuant to a plan of arrangement under section 192 of the Canada Business Corporations Act, and further to Orla having received the necessary approval of its shareholders al meeting of Orla Shareholders held on Nov 30, 2016, Orla has successfully completed its continuance, effective November [...]
Orla Mining is pleased to announce that at a special meeting of the shareholders and optionholders of the Company held on November 30, 2016, the Shareholders and Optionholders approved the proposed amalgamation of the Company and Pershimco Resources to be completed by way of a plan of arrangement under section 192 of the Canada Business Corporations Act. Additionally, Shareholders approved (i) the continuance of the [...]
Orla Mining and Pershimco Resources are pleased to announce that, further to their joint news releases on September 14, 2016 and September 28, 2016, Orla has closed its previously announced private placement of subscription receipts pursuant to which Orla issued 28,571,428 Subscription Receipts at a price of C$1.75 per Subscription Receipt for aggregate gross proceeds of approximately C$50 million
Orla Mining and Pershimco Resources are pleased to announce that, further to their joint news release on September 14, 2016, announcing the plan to combine Pershimco and Orla Mining, Orla Mining has successfully completed the book build for its previously announced private placement of subscription receipts in the amount of approximately C$50 million at a price of C$1.75 per Subscription Receipt. A syndicate of agents [...]
Orla Mining and Pershimco Resources today are pleased to announce that they have entered into a definitive arrangement agreement to combine their respective businesses, creating a new, growth-oriented gold company in the Americas. The new company, which will continue to operate under the name "Orla Mining Ltd.", will focus on continued exploration and development of Pershimco's Cerro Quema project located in Panama, and [...]
Messrs. Marc Prefontaine, Hans Smit, Troy Fierro, Richard Hall, John Graham and Pierre Lassonde each announce their respective changes in ownership in Orla Mining following the completion of the Company's C$7,000,000 financing announced today. An aggregate of 1,819,000 common shares of the Company are directly or indirectly owned by Marc Prefontaine, representing approximately 5.7...
Orla Mining has closed its previously announced non-brokered private placement financing for gross proceeds of C$7,000,000. The Company issued 14,000,000 units at a price of C$0.50 per Unit. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each War...
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 30, 2016) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE OR DISSEMINATION TO THE UNITED STATES Orla Mining Ltd. ("Orla Mining" or the "Company") (TSX VENTURE:OLA) announces an increase of 2,000,000 units (the "Units") at a price of C$0.50 per Unit for additional gross proceeds of C$1,000,000 to [...]