ORLA MINING FINALIZES US$125 Orla Mining Ltd. is pleased to announce that the Company has entered into a loan agreement with Trinity Capital Partners Corporation and certain other lenders with respect to its previously announced US$125 million project finance facility for the development of the Camino Rojo Oxide Gold Project located in Zacatecas, Mexico. The Credit Facility was arranged by Trinity Capital and includes a [...]
Orla Mining Ltd. is pleased to announce that the Company has entered into a Commitment Letter with Trinity Capital Partners Corporation with respect to a secured project finance facility of up to US$125 million for the development of the Camino Rojo Oxide Gold Project located in Zacatecas, Mexico. The Facility is being arranged by Trinity Capital and will include a syndicate of lenders led by Pierre Lassonde, [...]
Orla Mining Ltd. is pleased to announce that the Company has awarded the engineering, procurement and construction management contract for the Camino Rojo oxide gold project located in Zacatecas State, Mexico to M3 Engineering & Technology Corporation . M3 is a full service EPCM firm headquartered in Tucson, Arizona and has provided services to over 10,000 projects for some 1,000 clients in its 33-year history. Work on [...]
Orla Mining Ltd. is pleased to announce that the Company has filed a technical report, prepared in accordance with National Instrument 43-101, for its 100% owned Camino Rojo Oxide Gold Project located in Zacatecas State, Mexico. Orla previously released the results of the Feasibility Study which demonstrate a robust project with low capital intensity, rapid payback, and high margins. A summary of key assumptions and [...]
Orla Mining Ltd. is pleased to report that its previously announced early warrant exercise incentive program has resulted in total gross proceeds to Orla of $3,622,350. Approximately 5.8 million of its warrants having an exercise price of $0.62 and expiring on July 8, 2021 have been exercised, representing 87% of the total number of 2021 Warrants that were outstanding at the start of the Incentive Program which began on [...]
Orla Mining Ltd. is pleased to provide the results of a positive Feasibility Study along with Orla's first mineral reserve estimate on its 100%-owned Camino Rojo Oxide Project located in Zacatecas, Mexico. The Feasibility Study supports a technically simple open-pit mine and heap-leach operation with low capital and operating costs providing rapid payback and a strong financial return. Feasibility Study Highlights Table [...]
Orla Mining Ltd. is pleased to announce the voting results for the election of its Board of Directors, which took place at the Company's Annual and Special Meeting of Shareholders held today. All nominees as set forth in the Company's management proxy circular dated May 9, 2019 were elected as directors of Orla at the AGM. Detailed results of the votes are set out below: Nominee Votes For % Withheld % Charles Jeannes [...]
Orla Mining Ltd. is pleased to announce an Early Warrant Exercise Incentive Program for the 6,737,500 warrants outstanding having an exercise price of $0.62 and expiring on July 8, 2021 . The Incentive Program is designed to encourage the early exercise of the unlisted 2021 Warrants during a 30-day early exercise period expected to commence on June 13, 2019. Under the Incentive Program, holders of the 2021 Warrants will [...]
Orla Mining Ltd. is pleased to announce that it has filed a final short form base shelf prospectus in order to maintain financial flexibility as Orla continues to advance the Camino Rojo Oxide Project towards a construction decision later this year and ensuring the Company remains on track with the development of its first mine. The Shelf Prospectus has been filed with the securities regulatory authorities in each of the [...]
https://youtu.be/NEHib96gFg4 The View from the C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest View from the C-Suite videos visit www.tmxmoney.com/en/news/csuite.html) About Orla Mining Ltd. Orla is developing the Camino [...]
Charles Jeannes, Non-Executive Chairman and Director, Orla Mining Ltd. , joined Julie Shin, Managing Director, Capital Formation, Toronto Stock Exchange, to open the market. Orla Mining Ltd. operates as a mineral exploration company and is developing the Camino Rojo Project, an advanced gold and silver open-pit and heap leach project, located in Zacatecas State, Central Mexico. Orla Mining Ltd. graduated and commenced [...]
Orla Mining Ltd. is pleased to announce that its common shares have been approved for listing on the Toronto Stock Exchange and will commence trading on the TSX at the opening of market on November 1, 2018. Concurrent with the TSX listing, the common shares of Orla will be de-listed from the TSX Venture Exchange. Orla's trading symbol will remain "OLA". "We are very pleased to have reached this milestone as a company. As [...]