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Orosur Min - OROXF STOCK NEWS

Welcome to our dedicated page for Orosur Min news (Ticker: OROXF), a resource for investors and traders seeking the latest updates and insights on Orosur Min stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Orosur Min's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Orosur Min's position in the market.

Rhea-AI Summary

1832 Asset Management L.P. has increased its holdings in Orosur Mining (OROXF) to 12.087124% of voting rights, up from the previous 7.41%. The notification reveals that the asset manager now holds 37,765,000 voting rights, compared to the previous 17,450,401.

The holdings are managed through two mutual funds: Dynamic Precious Metals Fund holding 8.886413% and Dynamic Strategic Gold Class holding 3.200712%. The threshold crossing occurred on March 27, 2025, and was reported to the issuer on March 31, 2025.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.24%
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Rhea-AI Summary

Orosur Mining (AIM:OMI, TSXV:OMI), a minerals explorer and developer with operations in Colombia, Argentina, and Nigeria, has announced the issuance of 2,055,932 new common shares following a warrant exercise in March 2025. The warrants were exercised at a total consideration of US$ 96,071.

Following this issuance and including shares from a recent brokered private placement on March 27, 2025, the company's total issued share capital now stands at 312,439,904 Common Shares. The company retains 16,223,618 warrants outstanding. This update is relevant for shareholders calculating voting rights under the FCA's Disclosure and Transparency Rules.

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End-of-Day
-0.06%
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Rhea-AI Summary

Orosur Mining (TSX-V:OMI, AIM:OMI) has successfully closed its brokered private placement offering, raising C$6.0 million in gross proceeds. The company sold 35,294,117 units at C$0.17 per unit, with each unit comprising one common share and half a warrant. Each whole warrant allows purchase of one share at C$0.25 until March 27, 2027.

Red Cloud Securities acted as sole agent, receiving C$313,860 in cash commission and 1,846,235 broker warrants. The company will use proceeds primarily to advance its Anzá exploration project in Colombia and for working capital purposes. Following the offering and a separate warrant exercise of 2,055,932 shares, Orosur's total issued shares stand at 312,439,904.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.94%
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private placement
Rhea-AI Summary

Orosur Mining (TSXV/AIM:OMI) has announced a private placement agreement with Red Cloud Securities to raise up to C$5.0 million through the sale of up to 29,411,764 units at C$0.17 per unit. Each unit includes one common share and half a warrant, with each whole warrant exercisable at C$0.25 for 24 months.

The Agent has an additional option to sell up to 5,882,353 units for an extra C$1.0 million. The offering is scheduled to close around March 27, 2025, subject to regulatory approvals. The proceeds will primarily fund the company's Anzá exploration project in Colombia and working capital needs.

The units will be offered in several Canadian provinces under specific exemptions, with shares expected to be freely tradeable under Canadian securities legislation for Canadian purchasers. Some company directors may participate in the offering, which is considered a related party transaction under TSX-V Policy.

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Rhea-AI Summary

Orosur Mining Inc. has announced the commencement of drilling at the Pepas prospect in Colombia as part of its Anzá project. After successfully drilling 35 holes at APTA, which revealed significant mineralization, the company is expanding its exploration efforts with two additional rigs to drill deeper, beyond the previous 800 meters limit. The rigs are expected on-site shortly. An employee share option exercise is also noted, increasing the company’s total shares to 188,520,300. This drilling initiative is anticipated to enhance mineral discovery in the region.

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FAQ

What is the current stock price of Orosur Min (OROXF)?

The current stock price of Orosur Min (OROXF) is $0.18 as of April 16, 2025.

What is the market cap of Orosur Min (OROXF)?

The market cap of Orosur Min (OROXF) is approximately 39.9M.
Orosur Min

OTC:OROXF

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OROXF Stock Data

39.89M
282.40M
10.85%
8.32%
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