OCEANAGOLD CORP - OCANF STOCK NEWS

OceanaGold has successfully completed an IPO for its subsidiary, OceanaGold Philippines, Inc., raising US$106M through the sale of 20% interest in OGPI. The shares are now listed on the Philippines Stock Exchange under the ticker 'OGP'.

OceanaGold released its 2023 Sustainability Report, emphasizing its commitment to sustainable practices in mining. The company achieved various milestones in safety, environmental responsibility, and community engagement. The report highlights the company's adherence to global standards and its efforts to create a positive impact beyond mining operations.

OceanaGold reported its operational and financial results for the first quarter of 2024, expecting strong production growth and free cash flow delivery. The company remains on track to meet full-year guidance with 104,800 ounces of gold and 3,000 tonnes of copper produced. AISC of $1,823 per ounce, revenue of $270.3 million, and net debt of $81.8 million were reported. Exploration results were positive, but the net loss of $5.3 million was a negative aspect.

OceanaGold announces the pricing of an Initial Public Offering (IPO) for a 20% interest in its subsidiary, OceanaGold Philippines, Inc. The IPO aims to raise ₱6.08B (approximately US$106M), with a final offering price of ₱13.33 per share. The proceeds will be used to repay OceanaGold's bank debt. The retail offer period will run from April 29 to May 6, 2024, with listing on the Philippines Stock Exchange expected on May 13, 2024.

OceanaGold (OCANF) will release its First Quarter 2024 operational and financial results on April 30th, 2024. The 2024 Annual General Meeting of Shareholders will be held on June 6th, 2024. Senior management will discuss the quarterly results in a conference call on May 1st, 2024, and the AGM will be held virtually on June 6th, 2024.

OceanaGold reports positive results from exploration and resource conversion drilling at Haile and Didipio mines. The company's President & CEO, Gerard Bond, highlights the growth potential within existing mine footprints. Significant drill highlights include high-grade gold intersections at Haile and Didipio, indicating mineralization extensions at depth.

OceanaGold announces the filing of its Annual Information Form and updated technical reports for Haile and Macraes mines. The reports highlight growth opportunities at Haile, projecting increased gold production to 315koz in 2026 with an AISC of $1,000 per ounce. Macraes aims to extend mine life and generate strong cash flow despite the removal of Round Hill Open Pit. OceanaGold focuses on enhancing economics at Haile and exploring further potential at both mines.

OceanaGold Corporation (OCANF) announces positive drill results at Wharekirauponga (WKP), New Zealand, with an indicated resource of 1.0 million ounces at a grade of 15.9 g/t gold. The company is optimistic about the new one-stop-shop fast track consenting regime in New Zealand, which could benefit the Waihi North Project.

OceanaGold Corporation (OCANF) announces its Mineral Reserves and Resources statement for 2023, highlighting increased reserves at Haile and a new reserve estimate at Palomino. CEO Gerard Bond expresses optimism for the company's future growth.