OceanaGold Corp. reported its financial and operational results for the quarter ended September 30, 2020. Details of the consolidated financial statements and the Management Discussion and Analysis are available on the Company's website at www.oceanagold.com Highlights Total Recordable Injury Frequency Rate of 2.9 per million hours worked compared to 2.7 per million hours worked at the end of the second quarter of 2020 [...]
OceanaGold Corp. announces that the underwriters for its previously completed bought deal equity financing have partially exercised and concluded the over-allotment option and today purchased a further 8,550,000 common shares at a price of C$2.06 per common share for further aggregate gross proceeds of C$17,613,000. The Offering was co-led by Scotiabank and BMO Capital Markets. and included Citigroup Global Markets Canada [...]
OceanaGold Corp. will release its full financial and operational results for the third quarter ending September 30, 2020 before the TSX market open on Thursday October 29, 2020 . The results will be available on the Company's website at www.oceanagold.com. The Company will also host a conference call / webcast to discuss the results at 8:00 am on Friday October 30, 2020 / 5:00 pm on Thursday October 29, 2020 . Webcast [...]
OceanaGold Corp. announces that it has today closed its previously announced bought deal equity financing. The Company has issued 73,000,000 common shares at a price of C$2.06 per Offered Share for aggregate gross proceeds of C$150,380,000 . The Offering was co-led by Scotiabank and BMO Capital Markets. and included Citigroup Global Markets Canada Inc., Raymond James Ltd., National Bank Financial Inc., Cormark Securities [...]
OceanaGold Corp. announces that it has today filed a final short form prospectus in connection with its previously announced bought deal financing. The Company previously entered into an agreement with a syndicate of underwriters , led by Scotiabank and BMO Capital Markets, who have agreed to purchase, on a bought deal basis, an aggregate of 73,000,000 common shares of the Company at a price of C$2.06 per Offered Share [...]
OceanaGold Corp. announces effective today that it has implemented the permanent layoff of 496 OceanaGold Inc. employees. The employees are predominantly from local communities in the Provinces of Nueva Vizcaya and Quirino. Along with the termination of direct employees, approximately 400 people working with contractors are also impacted. The Company may be required to implement a second-round of permanent lay-offs in [...]
OceanaGold Corp. announces that it has entered into an agreement with a syndicate of underwriters , led by Scotiabank and BMO Capital Markets, who have agreed to purchase, on a bought deal basis, an aggregate of 73,000,000 common shares of the Company at a price of C$2.06 per Offered Share , for aggregate gross proceeds of C$150 million . The Company has also granted the Underwriters the option, exercisable in whole or in [...]
OceanaGold Corp. is pleased to announce the completion of the Haile Gold Mine National Instrument 43-101 Technical Report. The Haile Technical Report will be filed on SEDAR and with the Australian Securities Exchange within 45 days. Note that all Haile Technical Report forecasts are based on Mineral Reserves only. The results of the Technical Report are not to be used as formal guidance. The Company expects to provide [...]
OceanaGold Corp. provides an update of the status of operations in the Waihi District. Michael Holmes, President and CEO of OceanaGold said, "OceanaGold has operated successfully and in a responsible manner in New Zealand for over 30 years. Over the past few years, we have invested in extensive exploration programs that has resulted in significant increases to Mineral Reserves and Resources at both Macraes and Waihi [...]
OceanaGold Corp. is today pleased to announce an extension to the mine life at the Macraes operation located on the South Island of New Zealand as well as to announce initial Mineral Reserves and Mineral Resources for the Golden Point Underground, including the results of the recently completed Golden Point Underground Pre-feasibility Study. A new National Instrument 43-101 Technical Report for Macraes will be filed on [...]
OceanaGold Corp. is pleased to announce the filing of a Preliminary Economic Assessment technical report for the Waihi District, which has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The results of the PEA were previously disclosed in the Company's news release dated July 16, 2020, "OceanaGold Delivers Positive Preliminary Economic Assessment Results for the [...]
OceanaGold Corp. wishes to provide a corporate update regarding the continued efforts to manage near-term risks associated with the COVID-19 global pandemic, associated impacts on production guidance and a general operational update. Michael Holmes, President and CEO of OceanaGold said, "We continue to manage the near-term risks presented by the COVID-19 global pandemic to our business while we work diligently to deliver [...]