Orla Mining Ltd. is pleased to announce the appointment of Eric Colby to its Board of Directors as nominated by Newmont Corporation . The appointment is effective immediately. Mr. Colby is currently Vice President, Investor Relations and Corporate Communications at Newmont, where he leads the company's investor relations, internal communications, and media relations. Prior to this role, he served in the corporate [...]
Orla Mining Ltd. is pleased to announce the start of earth moving activities at its Camino Rojo Oxide Gold Project located in Zacatecas State, Mexico. "The start of earth moving on site marks another important milestone in the development of Camino Rojo made possible through the collective efforts of our team and stakeholders," stated Jason Simpson, President and Chief Executive Officer of Orla. "Project advancement [...]
Orla Mining Ltd. is pleased to announce that the Company has completed the second tranche drawdown of US$50 million on its previously announced Project Finance Facility . The funds will be used towards the development of the Camino Rojo Oxide Gold Project located in Zacatecas State, Mexico. All conditions precedent for the second drawdown have been satisfied, including the receipt of key mine permits at Camino Rojo. To [...]
Orla Mining Ltd. is pleased to announce that Sylvain Guerard has been appointed as Senior Vice President, Exploration, effective August 24, 2020. "We are excited to welcome Sylvain to the Orla team. The addition of this capable individual reinforces our commitment to focus on exploration within our 178,000 hectares of concessions. These concessions are situated along the prolific San Tiburcio fault system in Zacatecas [...]
Orla Mining Ltd. is pleased to announce that the Mexican Federal Environmental Department has granted approval of the Company's Environmental Impact Statement required for the development of the Camino Rojo Oxide Gold Project located in Zacatecas State, Mexico. The approval of the MIA is conditional upon Orla meeting certain customary conditions and standard requirements which the Company intends to complete in the coming [...]
Orla Mining Ltd. is pleased to announce that Sean Spraggett has been appointed as General Manager, Panama, effective July 1, 2020. "We are excited to have Sean join the Orla team. His extensive experience in-country and across broader Latin America will serve the Company well as we advance our Cerro Quema project in Panama", stated Jason Simpson, President and Chief Executive Officer of Orla. Mr. Spraggett has over 25 [...]
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 information circular dated April 2, 2020 were elected as directors of Orla at the AGM. Detailed results of the votes are set out below: Nominee Votes For % Votes Withheld [...]
https://www.youtube.com/watch?v=D03xZ3-wI9Y The C-Suite At the Open 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 C-Suite At The Open videos visit https://www.tmxmoney.com/en/csuite.html. About Orla Mining Ltd. Orla is developing [...]
Orla Mining Ltd. is pleased to announce that Andrew Cormier has been appointed as Chief Operating Officer and will be joining the Orla executive team effective April 16, 2020. Mr. Cormier succeeds Mr. Hans Smit who retired in December 2019 as COO of the company, while remaining with the Company as a consultant. "We are excited that Andrew has decided to join Orla as we enter our next phase of growth. Andrew's extensive [...]
Orla Mining Ltd. is pleased to announce that it has closed its previously announced bought deal financing with a syndicate of underwriters led by Stifel GMP and including Desjardins Capital Markets, Paradigm Capital and Cormark Securities Inc. . A total of 36,600,000 common shares of Orla were fully subscribed and sold at a price of C$2.05 per Common Share , for aggregate gross proceeds to the Company of C$75,030,000 [...]
Orla Mining Ltd. announced today that it has entered into an agreement with a syndicate of underwriters led by Stifel Nicolaus Canada Inc. , pursuant to which the Underwriters will purchase, on a bought deal basis, 36,600,000 common shares of the Company at a price of C$2.05 per Common Share for aggregate gross proceeds to the Company of C$75,030,000 . Newmont Corporation and Agnico Eagle Mines Ltd. each have indicated [...]
Orla Mining Ltd. is pleased to announce that the Company has entered into a non-binding letter agreement with Fresnillo Plc as to the commercial terms on which Orla would obtain the right to expand the Camino Rojo oxide pit onto part of Fresnillo's mineral concession located immediately to the north of Orla's property under a definitive layback agreement . On completion, the Layback Agreement will allow access to oxide [...]
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