Origen Closes Last Tranche of Financing
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2023) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VXA) (the "Company" or "Origen") is pleased to announce it has closed the last tranche of its private placement. The Company issued 2 million units under this last tranche, at a price of
All securities issued under the private placement are subject to a hold period of four months and a day from the date of issuance.
The private placement was entirely subscribed by Gabriel Pindar, who is a member of the Company's advisory board. Mr. Pindar now holds 4,000,000 common shares of the Company and 2,000,000 share purchase warrants, which represents approximately
About Origen
Origen is fully focused on its
On behalf of Origen,
Thomas Hawkins
Managing Director
For further information, please contact Gary Schellenberg, Chief Executive Officer, at 604-681-0221.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/170653