Orefinders Resources Inc. is pleased to announce that it is offering to facilitate up to a $1,000,000 financing for Mistango River Resources Inc. to develop its Omega project. "We are attempting to engage Mistango's Board of Directors with proactive solutions that sees capital invested in the Omega project. As a 31% owner of Mistango, Orefinders has a vested interest in adding value to Mistango on a per share basis [...]
Orefinders Resources Inc. is pleased to announce that Power Ore , of which Orefinders owns 5,059,752 shares, intersected 1.41% copper equivalent over 58.1 metres confirming shallow high grade disseminated copper mineralization at Opemiska Copper Mine Complex in the Chibougamau District of Quebec. Notable intersections include: 1.41% copper equivalent over 58.1 metres starting at 49.9 metres down hole including 5.9 [...]
Orefinders Resources Inc. discloses that, during the course of its due diligence on Mistango River Resources Inc. , it has identified concerning and unexplained issues related to Mistango's finances and its 2018 Audited Financial Statements including what may be a conflict of interest between Mistango's CFO, Carina Da Mota, and its independent auditor Kreston GTA LLP . Orefinders concerns are rooted in the following [...]
Orefinders Resources Inc. is pleased to release a webinar on its diamond drill core resampling program at its Knight project, in the Shining Tree District 70 kilometres southwest of Kirkland Lake, Ontario. Click here to view the Orefinders Webinar which is available any time The intent of this program is to resample and validate the Knight project's historical diamond drilling, completed prior to Orefinders consolidating [...]
Orefinders Resources Inc. , is responding to Mistango River Resources Inc. Inc.'s news release disseminated on June 4, 2019 in order to affirm the Company's position and to reiterate its call for management of Mistango to act in the best interests of the Mistango shareholders by holding a shareholder meeting without delay and refraining from entrenchment tactics. Mistango has not held a shareholder meeting since June [...]
Orefinders Resources Inc. is pleased to announce the commencement of an up to $500,000 non-brokered financing. The net proceeds of this financing will be used for exploration and for a recompilation of Orefinders' Knight Project's 31,900 metres of drill core as well as for general working capital. The terms of the financing are as follows: Hard Dollar Units are 5 cents and include a common share plus one half warrant [...]
Orefinders Resources Inc. is pleased to announce a diamond drill core resampling program on its Knight Project, located in the Shining Tree District 70KM southwest of Kirkland Lake, Ontario. The intent of this program is to resample and compile the Knight projects diamond drilling which has been completed prior to Orefinders consolidating this land package. Orefinders has 31,900 metres of diamond drill core in its [...]
Orefinders Resources Inc. is pleased to welcome Anthony Moreau of IAMGOLD to its Board of Directors. Over his career, Mr. Moreau has spearheaded several industry initiatives, including IAMGOLD's entry into the FinTech space through the company's strategic partnership with Emergent Technologies and Tradewind Markets and IAMGOLD's partnership with Right to Play. He also manages an innovative international co-op [...]
Orefinders Resources Inc. is pleased to announce that has received TSX Venture Exchange final approval and has closed the Pacific Precious transaction as described in the Company's May 15, 2019 news release. "We are looking forward to the exploration work Pacific Precious has planned on the Kuta Ridge project in Papua New Guinea. For Orefinders shareholders, it's an exciting opportunity to get evolved in a high grade [...]
Orefinders Resources Inc. announces that, as the largest shareholder of Mistango River Resources Inc. , it is demanding that Mistango's management convene a shareholders meeting to be held within 60 days from today's date. Mistango has not held a shareholder meeting since June 29, 2017. It failed to hold its annual shareholders' meeting in 2018, but, in filings with Corporations Canada, Mistango misled the public and [...]
Orefinders Resources Inc. is pleased to release its latest investor webinar entitled 'Six Things to Remember about Orefinders.' Click here to view the Orefinders Webinar which is available any time The webinar details each of Orefinders fundamental assets within its portfolio , the Company's investment thesis including its view on the macro and micro opportunities within junior gold markets as well as the Company's plans [...]
Orefinders Resources Inc. is pleased to provide an update regarding its acquisition of an interest in Kuta Ridge Exploration Inc., operating under the trade name Pacific Precious , originally announced on March 4, 2019. Pacific has now secured commitments for a $300,000 private placement, to be completed concurrently with Orefinders' acquisition of shares of Pacific. "We are very pleased to see this transaction come [...]