OUAGADOUGOU, Burkina Faso, March 17, 2025 (GLOBE NEWSWIRE) -- This news release is issued by Nioko Resources Corporations ("Nioko Resources”) pursuant to the early warning requirements of Canada’s National Instrument 62-104 ("NI 62-104”) and National Instrument 62-103 with respect to common shares (the "Common Shares”) of Orezone Gold Corporation ("Orezone”), a reporting issuer in each of the Provinces and Territories of Canada with a head office at 450-505 Burrard St., Vancouver, British Columbia, V7X 1M3.
Pursuant to a binding subscription agreement dated March 17, 2025 (the "Subscription Agreement”), Nioko Resources has acquired deemed beneficial ownership (in accordance with section 1.8 of NI 62-104) of 10,719,659 Common Shares (the "Acquired Shares”) to be issued from treasury at a price of C$0.82 per Acquired Share for aggregate consideration of C$8,790,121.38 (the "Equity Financing”).
An early warning report (the "Report”) disclosing the acquisition of the deemed beneficial ownership of the Acquired Shares under the Equity Financing will be filed on Orezone’s SEDAR+ profile at and can be obtained from Nioko Resources, Ouagadougou, Secteur 54, Parcelle 02, Lot 17, Section 281(I), S/C 01 BP 2061, Ouagadougou 01, Burkina Faso, attention: Director General, by phone: (+226) 70 21 70 04 or by email: direction_generale@niokoresources.com.
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