NSX

Osino Announces Positive Assay Results From Infill Drilling at Twin Hills Gold Project Including Best Hole to Date

Retrieved on: 
Wednesday, November 1, 2023

VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to provide an update on the recently completed infill drill program at the Twin Hills Gold Project (“Twin Hills” or “the Project”) including the best hole drilled at the Project to date with an intercept of 61m at 3.21g/t. Osino remains focused on the financing and pre-construction activities at Twin Hills, as well as closely spaced infill drilling of the initial starter pits to validate modelling and de-risk initial production.

Key Points: 
  • 22m @ 1.80g/t
    Assay results from 50 out of 110 holes still to be reported with all results expected within 3 weeks.
  • Similar tightly spaced infill drilling at Clouds and Twin Hills Central pits is ongoing with the objective of converting the first 2 years of mining from Indicated to Measured mineral resource category across the Twin Hills project.
  • VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to provide an update on the recently completed infill drill program at the Twin Hills Gold Project (“Twin Hills” or “the Project”) including the best hole drilled at the Project to date with an intercept of 61m at 3.21g/t.
  • All holes drilled so far produced very good assay results as expected, with very consistent grades across the Twin Hills gold deposit.

Osino Announces Closing of Strategic Namibian Financing

Retrieved on: 
Thursday, October 19, 2023

The Company intends to use the net proceeds of the Offering for exploration and development of the Twin Hills Gold Project in Namibia, and for working capital and general corporate purposes.

Key Points: 
  • The Company intends to use the net proceeds of the Offering for exploration and development of the Twin Hills Gold Project in Namibia, and for working capital and general corporate purposes.
  • Cirrus Capital (Pty) Ltd. (“Cirrus Capital”) acts as Namibian financial advisor to the Company and was engaged to act in connection with the Offering.
  • The capital raise by Cirrus Capital was conducted in Namibia, increasing Namibian ownership in the Company, to comply with the mining permit conditions.
  • Cirrus Capital was paid a work fee of $20,282 USD in connection with the Offering.

B2Gold Third Quarter 2023 Financial Results – Conference Call Details

Retrieved on: 
Thursday, October 12, 2023

VANCOUVER, British Columbia, Oct. 12, 2023 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) will release its third quarter 2023 financial results after the North American markets close on Wednesday, November 8, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 12, 2023 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) will release its third quarter 2023 financial results after the North American markets close on Wednesday, November 8, 2023.
  • B2Gold executives will host a conference call to discuss the results on Thursday, November 9, 2023, at 10:00 am PT / 1:00 pm ET.
  • Participants may dial in using the numbers below:
    The conference call will be available for playback for two weeks by dialing toll-free in U.S. and Canada: +1 (800) 319-6413, replay access code 0474.
  • All other callers: +1 (604) 638-9010, replay access code 0474.

Osino Announces Strategic Namibian Financing

Retrieved on: 
Thursday, October 12, 2023

The bookbuild consisted of Namibian investors increasing Namibian ownership, to comply with the mining permit conditions.

Key Points: 
  • The bookbuild consisted of Namibian investors increasing Namibian ownership, to comply with the mining permit conditions.
  • Cirrus Capital conducted the bookbuild and acts as Namibian financial advisor to the Company and was engaged to act in connection with the Offering.
  • This financing is a purposeful and strategic capital raise that will increase Osino’s Namibian shareholder base as required as a condition to Osino’s granted Mining License.
  • This bookbuild was aimed primarily at formerly disadvantaged Namibian individual shareholders, and we continue to engage with Namibian pension funds with the aim of completing a follow-on financing to achieve a Namibian ownership threshold well above the required 5% under our issued mining license.

Osino Completes the Acquisition of All Surface Rights at Twin Hills Gold Project, Namibia

Retrieved on: 
Wednesday, October 11, 2023

VANCOUVER, British Columbia, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) (“Osino” or “the Company”) is pleased to announce that the Company, through wholly owned subsidiaries in Namibia has completed the acquisition of all of the surface rights for Osino’s Twin Hills Gold Project (“Twin Hills” or the “Project”) following Osino’s acquisition of two farms that encompass the full extent of the mining area for Twin Hills and all related plant infrastructure (“Farm Acquisitions”).

Key Points: 
  • Osino now owns 100% of the surface and mineral rights for the complete Twin Hill project area, thereby substantially de-risking and facilitating the on-going, fast-tracked development of the Twin Hills Gold Project.
  • VANCOUVER, British Columbia, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) (“Osino” or “the Company”) is pleased to announce that the Company, through wholly owned subsidiaries in Namibia has completed the acquisition of all of the surface rights for Osino’s Twin Hills Gold Project (“Twin Hills” or the “Project”) following Osino’s acquisition of two farms that encompass the full extent of the mining area for Twin Hills and all related plant infrastructure (“Farm Acquisitions”).
  • Heye Daun, Osino’s President and CEO commented: “The acquisition of these highly strategic surface rights covering the full extent of the Twin Hills project area is a significant achievement which we have been working on for well over 18 months.
  • Osino has recently also acquired the farm Spesbona, however the acquisition is still subject to a variety of regulatory waivers and approvals.

Honda Marine Debuts All-New BF350 Outboard

Retrieved on: 
Thursday, September 21, 2023

The development and introduction of the all-new Honda BF350 underscore the Honda Marine vision: to become the marine mobility leader by capitalizing on the technology of Honda worldwide, further developing strategic partnerships, and ensuring incredible boating experiences for target markets.

Key Points: 
  • The development and introduction of the all-new Honda BF350 underscore the Honda Marine vision: to become the marine mobility leader by capitalizing on the technology of Honda worldwide, further developing strategic partnerships, and ensuring incredible boating experiences for target markets.
  • Honda Marine, an operating unit of Honda Power Sports & Products (a business unit of American Honda Motor Co., Inc. ) markets a complete range of marine outboard motors.
  • “The development and introduction of the all-new Honda BF350 underscore the Honda Marine mission to become the marine mobility leader by capitalizing on the technology of Honda worldwide, further developing strategic partnerships, and ensuring amazing boating experiences for our target markets.”
    A Closer Look at the Honda BF350:
    The Honda BF350 is an all-new, high-power V8 outboard—the first Honda V8 engine available commercially—marking the newest evolution in the company’s product line.
  • Honda Marine sets another benchmark of engineering excellence with the BF350, making it the company’s flagship model and Honda Marine’s most powerful, technologically advanced outboard.

B2Gold Provides Construction Update for the Goose Project in Nunavut, Canada; Construction on Budget and on Track to Pour First Gold in Q1 2025

Retrieved on: 
Monday, September 18, 2023

B2Gold acquired the Back River Gold District as part of the acquisition of Sabina Gold & Silver (“Sabina”) in April 2023.

Key Points: 
  • B2Gold acquired the Back River Gold District as part of the acquisition of Sabina Gold & Silver (“Sabina”) in April 2023.
  • The Company expects the ball mill to be set in place in December 2023, ahead of schedule, which significantly de-risks the construction schedule for mill completion and first gold pour in Q1 2025.
  • B2Gold has updated the construction budget to de-risk the project and construct a reliable and low operating cost mine for the arctic.
  • B2Gold expects to complete an updated Goose Project life of mine plan in the second half of 2023.

B2Gold to Consolidate Gramalote Project by Acquiring AngloGold Ashanti’s 50% Stake

Retrieved on: 
Monday, September 18, 2023

VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce that is has entered into a purchase agreement with AngloGold Ashanti Limited (“AngloGold”) to acquire AngloGold’s 50% stake in the Gramalote project (the “Transaction”), located in the Department of Antioquia, Colombia (the “Gramalote Project”).

Key Points: 
  • VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce that is has entered into a purchase agreement with AngloGold Ashanti Limited (“AngloGold”) to acquire AngloGold’s 50% stake in the Gramalote project (the “Transaction”), located in the Department of Antioquia, Colombia (the “Gramalote Project”).
  • Upon completion of the Transaction, B2Gold will own 100% of the Gramalote Project.
  • Consolidates the Gramalote Project under one owner, providing additional optionality to analyze lower capital intensity, higher-return development opportunities for the Project: Historically, the Gramalote Project has been advanced under a joint venture between B2Gold and AngloGold, which has led to analyzing the project on a larger scale basis to provide meaningful production growth to both companies.
  • Under a single owner, different development opportunities will be assessed with the goal of delineating a project that maximizes the return for B2Gold as sole owner of the Gramalote Project.

B2Gold Declares Third Quarter 2023 Dividend of $0.04 per Share

Retrieved on: 
Tuesday, September 5, 2023

VANCOUVER, British Columbia, Sept. 05, 2023 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce that its Board of Directors (the “Board”) has declared a cash dividend for the third quarter of 2023 (the “Q3 2023 Dividend”) of $0.04 per common share (or an expected $0.16 per share on an annualized basis), payable on September 29, 2023, to shareholders of record as of September 21, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 05, 2023 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce that its Board of Directors (the “Board”) has declared a cash dividend for the third quarter of 2023 (the “Q3 2023 Dividend”) of $0.04 per common share (or an expected $0.16 per share on an annualized basis), payable on September 29, 2023, to shareholders of record as of September 21, 2023.
  • The Company is implementing the previously announced Dividend Reinvestment Plan (“DRIP”) commencing with the Q3 2023 Dividend.
  • As part of the long-term strategy to maximize shareholder value, B2Gold expects to declare future quarterly dividends at the same level.
  • This dividend is designated as an “eligible dividend” for the purposes of the Income Tax Act (Canada).

Osino Partner Completes Phase 1 Earn-In at Omaruru Lithium Project, Namibia, Proceeds to Phase 2

Retrieved on: 
Friday, September 1, 2023

VANCOUVER, British Columbia, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to report the completion of the phase 1 earn-in (“Phase 1”) on its majority-owned Omaruru Lithium Project (“Omaruru” or “the Project”) in Namibia by Prospect Resources Limited (ASX:PSC) (FRA:5E8) (“Prospect”) and announces that Prospect will proceed with the phase 2 earn-in (“Phase 2”).

Key Points: 
  • Heye Daun, Osino’s President and CEO commented: “We are encouraged by the results of the Phase 1 program on our Omaruru Lithium Project.
  • The success of the Phase 1 program sets the stage for potential new discoveries during the Phase 2 drilling campaign planned for Omaruru.
  • The tenement is located near several advanced mining projects including Lepidico’s Karibib Lithium Project and Osino’s Twin Hills Gold Project.
  • Figure 1: Omaruru Lithium Project location relative to the Twin Hills Gold Project, other Osino projects and mines and deposits in the area.