Orea Mining Corp.

Orea Mining Corp. is pleased to announce that it has closed the first tranche of its previously announced private placement , raising gross proceeds of CAD$215,000 through the issuance of 4,300,000 units of Orea at a price of CAD$0.05 per Unit. Each Unit is comprised of one common share of Orea and a full warrant. Each warrant entitles the holder, on exercise, to purchase one Share at a price of CAD$0.10 for a period of [...]

Orea Mining Corp. announces a private placement to fund an action plan, that Orea management and its advisors have initiated, in response to the sanctions imposed by the United States on Nord Gold plc , Orea's joint-venture partner . The joint venture holds a 100% interest in the 5 million ounce Montagne d'Or Gold mine development* project in French Guiana. More information will be provided in the near-term. The [...]

Orea Mining Corp. reports that Nord Gold plc , Orea's joint-venture partner in the Montagne d'Or gold mine development project located in French Guiana, France, has been sanctioned by the U.S. Department of Treasury, Office of Foreign Assets Control; specifically under Russian Harmful Foreign Activities Sanctions Regulations - 31 CFR part 587, General Licence No. 37. Under General License No. 37, all transactions [...]

Orea Mining Corp. reports that it was informed that the Supreme Court of France has admitted the final appeal of the French Government on the renewal of the Montagne d'Or project mining titles, located in French Guiana, France, owned 44.99% by Orea and 55.01% by Nord Gold plc . As announced on October 7, 2021, the French Government filed a request before the Supreme Court to hear a final appeal on the renewal of the [...]

VANCOUVER, BC, March 31, 2022 /CNW/ - Orea Mining Corp. is pleased to provide an update on exploration at the Antino Gold Project , located in Suriname, South America. As announced on March 17, 2022, Orea has entered into an option agreement to acquire up to a 75% interest in Antino. Orea has completed the initial data acquisition and compilation that includes: GIS compilation of historical exploration and drilling data [...]

Orea Mining Corp. is pleased to announce that Robert Giustra, Peter Gianulis, Marie-Hélène Bérard and Oleg Pelevin were elected as directors of Orea at the 2022 Annual General Meeting of Shareholders held on March 25, 2022 . Shareholders also approved all other proposed resolutions as described in the information circular of the Meeting. Detailed voting results for the Meeting are as follows: Motion Votes For % For Votes [...]

Orea Mining is pleased to report on results of the 2022 diamond drilling program at the Maripa Gold Project, located in French Guiana. As announced on February 15, 2022, Orea has entered into an agreement with a subsidiary of IAMGOLD Corp. to acquire a 100% interest in Maripa. Orea completed 6 diamond drill holes as an initial reconnaissance of the Changement Gold Zone and one drill hole at the Filon Dron Gold Zone; As [...]

Orea Mining Corp. is pleased to announce that it has entered into a Formal Option Agreement to acquire up to a 75% interest in the Antino Gold Project, located in Suriname. As announced on July 6, 2021, a Binding Term Sheet was signed to acquire up to a 75% interest in an advanced-stage gold exploration project located in a significant alluvial and small-scale open pit gold mining district in Suriname; The FOA has been [...]

Orea Mining reports that it is aware of media articles which state that Alexei Mordashov, an Oligarch often referenced as Russia's richest person, has been added to the list of persons sanctioned by the European Union in connection with Russia's invasion of Ukraine, and has transferred control of a US$1.1 billion stake in Nord Gold plc to his wife, Marina Aleksandrovna Mordashova. Prior to the share transfer, Alexei [...]

Orea Mining is pleased to report on the first results of the 2022 diamond drilling program at the Maripa Gold Project, located in eastern French Guiana, France. As announced on February 15, 2022, Orea has entered into an agreement with a subsidiary of IAMGOLD Corporation to purchase a 100% interest in Maripa. Permits for 10,000 meters of diamond drilling on Maripa were approved by the Direction Générale des Territoires et [...]