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Orecap Invest Corp. (ORFDF) is a prominent player in the natural resource sector, focusing on special situation investments that provide shareholders with exposure to high returns in precious and critical metal assets and businesses. With significant equity positions in companies like American Eagle Gold, QC Copper and Gold, Mistango, Awale Resources, and Cuprum Corp., Orecap also owns a broad portfolio of land packages centered on gold, copper, and zinc. The company is committed to creating shareholder value through strategic investments and partnerships.
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Orecap Invest Corp. (OCI) (OTCQB: ORFDF) announces Mistango River Resources (MIS) has commenced its Goldie Drill Program with three holes totaling 1,430 meters. Jamie Spratt, Mistango's new CEO, brings over 15 years of expertise in mining-focused capital markets, elevating Mistango's strategic vision and operational capabilities.
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Newmont (NEM) announces its second equity investment with Awale, made at a premium to market. Awale has pending drill results.
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Orecap Invest Corp. (TSXV: OCI) (OTCQB: ORFDF) has announced an additional investment in Cuprum Corp., the private company that owns 100% of Thierry Copper Mine in Pickle Lake, Ontario. Orecap now owns 29.5 million shares for 42.7% of Cuprum, and Orecap and affiliates own approximately 57% of Cuprum's shares. The Private Placement of $455,500 was completed on the same terms as Orecap's initial investment, with Orecap's Chairman subscribing for $100,000. The funds will be used for general working capital purposes, preparing Cuprum for its going public process, and potentially completing assays on the remaining four diamond drill holes from Thierry's summer drill program.
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Orecap Invest Corp. (OCI) Announces American Eagle Gold Corp. (AE) Exercise of Option to Re-Acquire 20% Interest in NAK Copper-Gold Porphyry Project, Resulting in a $1.5 Million Stock Compensation Deal
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Canadian Critical Minerals Inc. has completed the sale of a controlling interest in its subsidiary Cuprum Corp. to Orecap Invest Corp. Orecap acquired a 45% interest in Cuprum for $1,350,000 in cash. CCMI retains a 39% interest in Cuprum. CCMI will receive 3,000,000 share purchase warrants of Cuprum. Additionally, CCMI is entitled to milestone payments from Cuprum based on the increase in copper resources at the Thierry Copper Mine.
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Orecap Invest Corp. has closed a controlling interest in a private company that owns Thierry Copper Mine, Ontario's largest primary copper resource. Recent drill holes show promising mineralization. Thierry is strategically located with excellent infrastructure and jurisdictions. Orecap now controls two of the five largest primary copper projects in Eastern Canada.
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Canadian Critical Minerals Inc. sells controlling interest in subsidiary Pickle Lake Minerals Inc. to Orecap Invest Corp. for $1.35 million. CCMI retains 39% interest. Orecap acquires 45% interest in Pickle Lake. CCMI receives 3 million share purchase warrants. QC Copper acquires 10% of Pickle Lake for $300,000. Ocean Partners acquires 6% of common shares. Proceeds used to discharge $1 million loan with Ocean Partners UK. Sale provides cash to discharge loan and focus on Bull River Mine project. Closing subject to final approval.
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Orecap Invest Corp. to acquire controlling interest in Thierry Copper Mine, Ontario
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FAQ
What is the current stock price of ORECAP INVEST (ORFDF)?
The current stock price of ORECAP INVEST (ORFDF) is $0.0414 as of October 15, 2024.
What is the market cap of ORECAP INVEST (ORFDF)?
The market cap of ORECAP INVEST (ORFDF) is approximately 11.0M.
What is Orecap Invest Corp. known for?
Orecap Invest Corp. specializes in special situation investments in the natural resource sector, providing shareholders exposure to high returns in precious and critical metal assets and businesses.
What are Orecap's significant equity positions?
Orecap holds significant equity positions in portfolio companies such as American Eagle Gold, QC Copper and Gold, Mistango, Awale Resources, and Cuprum Corp.
What does Orecap's portfolio focus on?
Orecap's portfolio is centered on land packages dedicated to gold, copper, and zinc, offering shareholders diverse exposure to valuable resources in the natural resource sector.
ORECAP INVEST CORP