Osino Announces Closing of Bridge Private Placement of Common Shares
VANCOUVER, British Columbia, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) ("Osino" or the "Company") is pleased to announce that it has completed the initial tranche of its previously announced non-brokered private placement (the "Offering") of common shares of the Company (the "Common Shares") to Dundee Precious Metals Inc. ("DPM").
- VANCOUVER, British Columbia, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) ("Osino" or the "Company") is pleased to announce that it has completed the initial tranche of its previously announced non-brokered private placement (the "Offering") of common shares of the Company (the "Common Shares") to Dundee Precious Metals Inc. ("DPM").
- The Company issued 4,424,779 Common Shares to DPM at a price of C$1.13 per Common Share for aggregate gross proceeds to the Company of C$5,000,000.27.
- After giving effect to the initial tranche of the Offering, DPM holds an aggregate of 8,235,379 Common Shares, representing approximately 4.9% of the Common Shares issued and outstanding on the date hereof, on a non-diluted basis.
- The Common Shares were offered by way of private placement pursuant to applicable exemptions from prospectus requirements in British Columbia and Ontario.