STOCK TITAN

Osceola Gold Announces Commencement of Operations, and Organizational Update

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
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.
Positive
  • None.
Negative
  • None.

STEUBENVILLE, OH / ACCESSWIRE / August 8, 2023 / Osceola Gold, Inc., "OSCI", (OTC PINK:OSCI),is excited to announce that it is now fully operational and is scheduled to commence full-scale production and mining activities in late August.

Over the past year, Osceola Gold experienced several challenges, including supply chain issues and the withdrawal of a major funding partner. As a result of these obstacles, the company has undergone a strategic shift in its direction. Due to privacy policy, certain specific details cannot be disclosed at this time.

Management apologetically wants to let investors know that despite the challenges faced, the Osceola Gold team has been diligently working behind the scenes to overcome these hurdles. The company has successfully formed strategic partnerships and alliances, allowing it to move forward and secure qualified private funding. Additionally, the necessary equipment for the mining operations has been arriving on a daily basis, further indicating the progress being made.

Additionally, Osceola Gold regrets to announce that Tom More, a valued member of the company, has resigned in good standing. The company extends its best wishes to Mr. More and his family for their future endeavors. Osceola Gold is actively conducting a search for a suitable replacement who can effectively prioritize the organization's interests.

As part of its commitment to transparency, Osceola Gold is in the process of organizing its financials for comprehensive reporting. The company is actively working to regain its pink current status and will continue providing updates throughout this restructuring period.

Clients and stakeholders can expect a revised geologist targeting report, an updated company roadmap, and continuous updates on the company's progress and daily operations. This reflects Osceola Gold's dedication to transparency and accountability.

Furthermore, Osceola Gold is excited to announce the launch of its new website toward the end of this month, and enhanced communication through various social media channels. These platforms are being set up to provide live updates, and foster engagement with clients, stakeholders, and the general public. This marks a new era for Osceola Gold and symbolizes its commitment to a prosperous golden future.

For more information, please visit Osceola Gold's website at oscigold.com or follow on Twitter @osceolagold for the latest updates.

About Osceola Gold:

Osceola Gold is a prominent gold mining company dedicated to responsible and profitable operations. With a commitment to technological advancements and sustainable practices, Osceola Gold aims to consistently deliver value to its stakeholders while preserving the environment.

Contact:
Tracy Pizzoferrato
702-743-9276

SOURCE: Osceola Gold Inc.



View source version on accesswire.com:
https://www.accesswire.com/773196/Osceola-Gold-Announces-Commencement-of-Operations-and-Organizational-Update

FAQ

What is the company name mentioned in the press release?

The company mentioned in the press release is Osceola Gold, Inc.

When will Osceola Gold commence full-scale production and mining activities?

Osceola Gold will commence full-scale production and mining activities in late August.

What challenges has Osceola Gold faced?

Osceola Gold has faced supply chain issues and the withdrawal of a major funding partner.

Has Osceola Gold overcome these challenges?

Yes, Osceola Gold has formed strategic partnerships, secured qualified private funding, and received necessary equipment for mining operations.

Who resigned from Osceola Gold?

Tom More has resigned from Osceola Gold.

Is Osceola Gold searching for a replacement?

Yes, Osceola Gold is actively conducting a search for a suitable replacement for Tom More.

What is Osceola Gold doing to ensure transparency?

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.

What new initiatives is Osceola Gold launching?

Osceola Gold is launching a new website and enhancing communication through various social media channels to provide live updates and foster engagement.

Where can I find more information about Osceola Gold?

For more information, you can visit Osceola Gold's website at oscigold.com or follow them on Twitter @osceolagold for the latest updates.

OSCEOLA GOLD INC

OTC:OSCI

OSCI Rankings

OSCI Latest News

OSCI Stock Data

12.62M
293.46M
Gold
Basic Materials
Link
United States of America
Weirton