OSCEOLA GOLD INC - OSCI STOCK NEWS

Osceola Gold is exploring a new potential acquisition and undergoing pivotal corporate changes due to a change in ownership of the Osceola Gold mine. The company is in talks regarding the upcoming acquisition, restructuring its framework, and capitalizing on the surge in gold prices to develop a new consulting business model. However, a roadblock emerged as the new owners did not accept the lease agreement.

Osceola Gold (OTC PINK:OSCI) provides an update on recent developments, including a temporary winter closure for employee safety and maintenance, active CEO search, exciting progress in gold excavation, and potential core drilling for future growth.

Osceola Gold (OSCI) Announces Exciting Geological Findings and Exploration Opportunities

Osceola Gold announces successful first month of operations and progress update on gold yield and geology report

Osceola Gold secures $2 million in private placement funding, accelerating production and ensuring profitability.

Osceola Gold, Inc. (OTC PINK:OSCI) announces that it is now fully operational and will commence full-scale production and mining activities in late August. The company has faced challenges in the past year, including supply chain issues and the withdrawal of a major funding partner. However, Osceola Gold has formed strategic partnerships, secured qualified private funding, and received necessary equipment for mining operations. Tom More has resigned, and the company is searching for a replacement. Osceola Gold is organizing its financials for comprehensive reporting and aims to regain its pink current status. The company will provide updates on its progress and daily operations. A new website and enhanced communication through social media channels will be launched soon.

Osceola Gold (OTC PINK:OSCI) has announced that it has achieved full operational status in its mining projects. The company has completed on-site preparations and initial testing at the Mav G and Solomon #6 sites, which have started production. New equipment, including a Volvo A25E Haul Truck and Caterpillar 966F Loader, is being delivered to enhance production capabilities. The projected production schedule aims to yield 150 tons of material per hour, with expectations of 2.41 ounces of gold per hour based on current operations. Shareholders can expect video updates of the operations.

Osceola Gold is transitioning into the next phase of operations starting May 2, 2022, following the near completion of the first phase. The management team will be on-site on May 4 to finalize logistics, including geologist walk-throughs and equipment maintenance. Despite environmental challenges causing delays in April, production targets remain on schedule, with results expected in June projecting over a gram per ton. The company focuses on gold mining in Nevada's prolific Osceola Mining District.

Osceola Gold (OTC PINK:OSCI) has successfully completed a $5 million round of non-dilutive funding with investment partners Sajeindus Agromine and 40 Brightwater LLC. This funding allows the company to promptly advance to Phase 2 of its mining operations without shareholder dilution. The immediate goals include acquiring larger equipment to enhance production capacity, with expectations to extract an average of 1 gram of gold per ton. Phase 1 will finalize drilling and compliance updates, ensuring readiness for future operations.