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.
The story "Nioko Resources Files Early Warning Report in Respect of Orezone Gold Corporation" has 559 words across 15 sentences, which will take approximately 3 - 5 minutes for the average person to read.
Which news outlet covered this story?
The story "Nioko Resources Files Early Warning Report in Respect of Orezone Gold Corporation" was covered 1 days ago by GlobeNewswire, a news publisher based in China.
How trustworthy is 'GlobeNewswire' news outlet?
GlobeNewswire is a fully independent (privately-owned) news outlet established in 1998 that covers mostly technology news.
The outlet is headquartered in China and publishes an average of 97 news stories per day.
It's most recent story was published 8 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
