Welcome to our dedicated page for Orecap Invest news (Ticker: ORFDF), a resource for investors and traders seeking the latest updates and insights on Orecap Invest stock.
Orecap Invest Corp. reports developments as a natural resource special-situations investment issuer with exposure to precious and critical metal assets and businesses. Its updates center on portfolio investments, property transactions, capital-structure and governance matters, and corporate presentations tied to the mining sector.
Recurring company news also covers Orecap’s McGarry gold project in the Kirkland Lake-Larder Lake district of Ontario. McGarry is described as a brownfield gold asset with historic underground development, extensive drilling, a shaft to depth, and technical work under National Instrument 43-101. Company releases discuss ownership consolidation, project option and partner activity, geophysical targets, and positioning along the Larder Lake-Cadillac Deformation Zone near established gold systems.
Orecap (OTCQB: ORFDF) has exercised all 4,166,666 Awalé warrants at $0.20 per share, increasing its holding to 10,631,499 Awalé common shares. The exercise follows Orecap’s April 2023 investment at $0.12 per unit.
Awalé’s Odienné Project in Côte d'Ivoire has an initial Mineral Resource Estimate of 32.4 Mt grading 1.64 g/t AuEq for 1,707,000 ounces inferred gold equivalent, including a 4.64 g/t AuEq high-grade underground component. A PEA is targeted for Q3 2026 and a PFS for Q4 2027.
Orecap (OTCQB: ORFDF) entered a $833,333 loan agreement with a non-arm's length lender owned and controlled by CEO Stephen Stewart. The unsecured, non-interest-bearing Loan, evidenced by a promissory note, is payable on demand over six months for general corporate purposes.
The Loan is a related party transaction under MI 61-101 but is exempt from formal valuation and minority shareholder approval because Orecap is not listed on a specified exchange and the Loan value is under 25% of market capitalization.
Orecap (OTCQB: ORFDF) filed an independent NI 43-101 for the McGarry Project on April 27, 2026, highlighting a Kerr-Addison-style gold system and a clear staged path to a compliant mineral resource estimate.
The brownfield asset includes ~230,000m of historic drilling, a shaft to ~698m and an option allowing Stardust to earn up to 75%.
Orecap (OTCQB: ORFDF) issues clarifying disclosure on prior spinout plans and promotional language. The company says it no longer intends to contribute existing assets to newly formed subsidiaries and retains assets unless future transfers receive board, shareholder, regulator, and exchange approvals.
Orecap sold the Mirado project for a 19.9% equity stake in the buyer and retracts overly promotional language about a never-drilled ultramafic target at McGarry, noting drilling is required to confirm mineralization.
Orecap (OTCQB: ORFDF) closed the sale of its 100% Mirado gold property to Kirkland Lake Discoveries (TSXV: KLDC) and received 40,582,767 common shares, representing 19.9% of KLDC on closing. The Consideration Shares are subject to a statutory four-month hold and a 12-month contractual lock-up.
This transaction increases Orecap's Kirkland Lake exposure alongside an existing 13.9% equity position in Stardust Metal and aligns with its strategy to convert physical assets into equity stakes in operators.
Orecap (OTCQB: ORFDF) will exhibit at PDAC 2026 and attend a private Ore Day investor lunch. PDAC runs March 1-4, 2026 at the Metro Toronto Convention Centre; Orecap's booth is #2322 in Investors Exchange, MTCC South Level 800.
Ore Day investor lunch is Feb 28, 2026 at 12:00 PM at the Shangri-La Hotel, Toronto, where Orecap will deliver a corporate update alongside Ore Group companies.
Orecap (OTCQB: ORFDF) will acquire a 19.9% equity interest in Kirkland Lake Discoveries Corp (TSXV: KLDC) in exchange for its 100% interest in the Mirado gold project, located 35 km southeast of Kirkland Lake, Ontario.
KLDC is expected to issue approximately 40,050,398 shares, implying a transaction value of $11.4 million based on KLDC's December 17, 2025 close. The Consideration Shares will be subject to a statutory four‑month hold. Closing is expected in January 2026 and the deal is subject to TSXV approval.
Orecap (OTCQB: ORFDF) reports Stardust Metal identified a large, never‑drilled ultramafic geophysical target at the McGarry property in the Kirkland Lake district.
Key points: an MT anomaly is visible from ~250 metres to >1,000 metres beneath sedimentary cover; concurrent IP confirms near‑surface features but not the deep body; the anomaly is interpreted as a folded ultramafic unit with potential to host high‑grade mineralization. Orecap holds McGarry and recently optioned it to Stardust under a deal providing up to $63.5 million for 75% interest. Stardust plans an Ambient Noise Tomography survey to refine the target before first drill testing.
Orecap (OTCQB: ORFDF) announced a binding letter of intent dated November 17, 2025 to option its high-grade McGarry gold project to Mistango (rebranding as Stardust Metal). The two-stage option lets Stardust earn 50% by completing $13.0 million of commitments (including a $250,000 initial cash payment and $12.75M in work over four years) and an additional 25% for $50.0 million cash within two years of earning 50%.
Orecap retains meaningful ownership of McGarry, holds 24.7M Mistango shares (13.9%), and the Agreement is subject to TSXV acceptance and possible disinterested shareholder approval in early 2026.
Orecap (OTCQB: ORFDF) announced it has closed consolidation to own 100% of the McGarry Project tenure in Virginiatown, Ontario, subject to existing royalties.
Key facts: McGarry covers 681 hectares along 2.4 km of the Cadillac‑Larder Lake Break, hosts a historical NI 43‑101 indicated estimate of 123,000 oz @ 8.57 g/t and inferred 30,000 oz @ 5.83 g/t, contains Kerr Addison tailings, and retains underground infrastructure including a shaft to 2,290 ft. Orecap paid $50,000 cash + $50,000 in shares (620,498 shares at $0.08058 VWAP) to acquire the remaining 25% interest.