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. (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.
Rhea-AI Summary
Orecap Invest Corp. (TSXV: OCI) has received conditional acceptance from the TSX Venture Exchange for a Normal Course Issuer Bid to repurchase up to 23,316,772 common shares, aiming to create shareholder value by leveraging the perceived undervaluation of its shares. The repurchase program will run from April 2, 2024, to April 1, 2025, with Beacon Securities acting as the agent for the NCIB.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.66%
Tags
-
Rhea-AI Summary
Orecap Invest Corp. (TSXV: OCI) reports exceptional assay results at Awale Resources Odienné Project, with 45.7 g/t gold over 32m from a new breccia pipe. The mineralization is consistently high grade, making it one of the highest-grade gold intersections in Africa. A follow-up drill program of 25,000 meters is planned for 2024. Orecap owns 8.3M shares and 4.2M warrants of Awale.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.66%
Tags
-
Rhea-AI Summary
Orecap Invest Corp. announces the termination of the exploration, earn-in, and option agreement with Agnico Eagle Mines Ltd. The company maintains 100% interest in the McGarry, Mirado, and Knight properties in Kirkland Lake, Ontario. Orecap is excited to regain control of these strategic assets and plans to evaluate opportunities for their development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
Orecap Invest Corp. (OCI) announces that Awale Resources (ARIC), a portfolio company in which it owns 14.8% shares, has made a significant new greenfield gold-copper discovery on its Odienné Copper-Gold Project. The discovery, named BBM Target, shows broad gold and copper mineralization with excellent scope for rapid expansion. Newmont's strategic investments in Awale, including a direct investment of $957,530.90 in December 2023 and increased exploration spending by $750,000, reflect confidence in the project's potential. Awale's drill program is fully funded via an earn-in Joint Venture with Newmont Ventures, with Newmont retaining the option to earn-in to a minimum of 65% interest in return for $15 million of exploration expenditures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.74%
Tags
-
Rhea-AI Summary
Orecap Invest Corp. (OCI) Announces High-Grade Copper Intersect at American Eagle Gold's NAK23-17 Drill Hole and Strategic Investments by Teck Resources and C.J. 'Charlie' Greig
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.81%
Tags
-
Rhea-AI Summary
Orecap Invest Corp. (TSXV: OCI) (OTCQB: ORFDF) is pleased to announce that QC Copper and Gold (TSXV: QCCU) (OTC: QCCUF), an Orecap portfolio company in which it owns 5 million shares, released an updated Mineral Resource Estimate (MRE) for the Opemiska Project in Quebec's Chapais-Chibougamau District. This MRE reflects a significant increase in grade and contained metal, attributed to extensive drilling and QC Copper's technical team's two-year recompilation and reinterpretation of geological data. With this MRE, Opemiska has the highest copper grade among open pit copper deposits, with over 1 billion pounds of copper contained in Canada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.81%
Tags
News
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.81%
Tags
-
Rhea-AI Summary
Newmont (NEM) announces its second equity investment with Awale, made at a premium to market. Awale has pending drill results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
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
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
FAQ
What is the current stock price of Orecap Invest (ORFDF)?
The current stock price of Orecap Invest (ORFDF) is $0.0375 as of February 28, 2025.
What is the market cap of Orecap Invest (ORFDF)?
The market cap of Orecap Invest (ORFDF) is approximately 10.4M.
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