Announcement • Apr 23
O2Gold Inc., Annual General Meeting, Jul 02, 2026 O2Gold Inc., Annual General Meeting, Jul 02, 2026. Board Change • Apr 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Kam Gill was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 02
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Kam Gill was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 15
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Kam Gill was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$165k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$165k free cash flow). Shares are highly illiquid. Negative equity (-CA$379k). Revenue is less than US$1m. Market cap is less than US$10m (CA$686.0k market cap, or US$499.5k). Board Change • Jul 08
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Kam Gill was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 10
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. 6 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Member of Advisory Board Kevin Telmer is the most experienced director on the board, commencing their role in 2018. Independent Director Kam Gill was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • May 16
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. 6 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Member of Advisory Board Kevin Telmer is the most experienced director on the board, commencing their role in 2018. Independent Director Kam Gill was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Apr 09
O2Gold Inc. announced that it expects to receive CAD 1.5 million in funding O2Gold Inc. announced a best effort non-brokered private placement to issue 14,000,000 hard dollar units at issue price of CAD 0.05 for gross proceeds of CAD 700,000 and 16,000,000 flow-through common share at issue price of CAD 0.05 for gross proceeds of CAD 800,000 for aggregate proceeds of CAD 1,500,000 on April 8, 2025. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of the company at a price of CAD 0.10 for a period of 24 months from issuance. Closing of the offerings is expected to occur in April, 2025. All securities issued in connection with the offerings will be subject to a statutory hold period of four months and one day. Completion of the offerings is subject to a number of conditions, including all approvals from the TSX venture exchange. Finders' fees may be paid to eligible finders in accordance with the policies of the TSX-V consisting of a cash commission equal to up to 7% of the gross proceeds raised under the offerings and finder warrants in an amount equal to up to 7% of the number of common shares and units sold pursuant to the offerings. Each finder warrant will entitle the holder thereof to purchase one common share of the company at a price of CAD 0.10 per share for a period of 24 months following the closing date of the offerings. Announcement • Oct 23
O2Gold Inc. announced that it expects to receive CAD 1.5 million in funding O2Gold Inc. announced a non-brokered private placement that it will issue 15,000,000 subscription receipts of the Company at a price of CAD 0.05 per Subscription Receipt and 15,000,000 flow-through subscription receipts of the Company at a price of CAD 0.05 per FT Subscription Receipt for the aggregate gross proceeds of up to CAD 1,500,000 on October 22, 2024. Each Subscription Receipt and FT Subscription Receipt will be deemed to be automatically converted, without payment of additional consideration or further action by the holder thereof, into one unit of the Company and one flow-through unit of the Company, respectively, immediately upon the satisfaction or waiver of the Escrow Release Conditions at or before the date that is 120 days from the closing date of the Offering. The Offering is subject to the receipt of all regulatory approvals including the approval of the Exchange. All securities issued under the Offering will be subject to a hold period expiring four months and one day from the date of issuance. The Offering is expected to close on or about November 13, 2024, or such other date as determined by the Company. The Company may pay finders' fees of up to 7% of the gross proceeds raised by the Company Announcement • Oct 22
O2Gold Inc. Appoints Anthony Milewski as Director O2Gold Inc. announced that Anthony Milewski has been appointed as a director of the Company, effective immediately. Anthony Milewski is an influential figure in the mining, metals, and energy industries, recognized for his strategic acumen, novel approach to deal making and financing. He has also built a reputation as an astute venture stage tech investor focusing on green energy technology and artificial intelligence, with a dedication to sustainable practices. Mr. Milewski has been involved in successfully financing and advancing projects across the globe. Announcement • Oct 03
O2gold Inc. Announces the Resignation of Roger Lemaitre as Director O2Gold Inc. announced that Roger Lemaitre has resigned as a director of the Company. The board and management thank Mr. Lemaitre for his services and contributions and wish him well in his future endeavours. Board Change • Aug 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. CEO, President & Director Geoffrey Moore was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 23
O2Gold Inc. announced that it has received CAD 0.2 million in funding On August 23, 2024. O2Gold Inc. closed the transaction of 2 million Common Shares at a price of CAD0.05 per share. Final Tranche are subject to a statutory four month hold period. Board Change • Aug 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. CEO, President & Director Geoffrey Moore was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 16
O2Gold Inc. announced that it expects to receive CAD 0.25 million in funding O2Gold Inc. announced a non-brokered private placement of up to 5,000,000 common shares at a price of CAD 0.05 per common share for gross proceeds of up to CAD 250,000 on April 15, 2024. All securities issued in connection with the Offering will be subject to a statutory hold period of four-months and one day. Completion of the Offering is subject to a number of conditions, including approval from the TSXV. The Offering and Acquisition are expected to close on or about May 31, 2024. Finder’s fees may be paid to eligible finders in accordance with the policies of the TSXV consisting of a cash commission equal to up to 7% of the gross proceeds raised under the Offering and finder warrants in an amount equal to up to 7% of the number of common shares sold pursuant to the Offering. Each finder warrant will entitle the holder thereof to purchase one common share at a price of CAD 0.05 per share for a period of 12 months following the closing date of the Offering. Board Change • Aug 03
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 6 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Member of Advisory Board Kevin Telmer is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Jun 16
O2gold Inc. Completes Previously Announces Exploration, Advances Sampling, and Readies for Drilling O2Gold Inc. announced results from its ongoing exploration of its brownfield properties, as well as the completion of spontaneous potential surveys ahead of its anticipated drill campaign. In the Aurora-Quintanillo area, a total of 6,850 meters of lines were surveyed, at intervals of approximately 200 meters and with measuring points every 20 meters. Near the Aurora drill targets, where 2,000 meters of drilling is scheduled to begin next month, lines were opened every 50 meters to better detail the veins’ extension and depth. A sharp relief characterizes the Aparecida and Barbada targets with strong ravines and intense vegetation cover. The rocks, when found, are slightly weathered in slope and stream areas. The geology shows a sequence of monotonous graphite shales that grade to sericitic shales with a regional NS foliation and an east dip. The veins, being the target of the Company’s exploration campaign, are usually formed by holocrystalline white quartz with the presence of coarse euhedral or fine disseminated pyrite; in general, they present an orientation of N40E/45NW and N40E/80SE, with some sub-verticals in the NS direction. The first laboratory results for the Aparecida and Barbada targets in Figure 1 show 35 results with values from 2.5 ppb to 3.367 ppb, with an average of 274.39 ppb of Au. The sampling points, and the values obtained. For Aparecida and Barbada, 58 samples were collected, and 5 controls were inserted. The samples are from quartz veins mapped on the surface and carried out in informal miners' production tunnels detected in these targets. The mapping and sampling of the Botella target was also completed, with 58 samples collected, and 5 controls inserted in the batch. The sampling points. Geology of the target indicates an intercalated graphite and sericitic shales. There is an occurrence of diorite intrusion in much of the SE portion of the area. Quartz veins are milky and intersect all mapped units with a N80E/45NW direction. The mineralization observed is disseminated sulfides (pyrite, chalcopyrite, and galena); the identified intrusion also shows disseminated sulfides. In Second Quarter 2021, the Company anticipates completing the spontaneous potential lines survey of Aparecida and a 25x20 meter grid in the Aurora area, where drilling is expected to begin in the second half of July 2021. Additionally, the Company anticipates completing the mapping and sampling work at La Porra, which is to be followed by the prospection of veins and mineralized rocks on the Amanzaguapos target. Recent Insider Transactions Derivative • May 25
CEO, President & Director exercised options to buy CA$638k worth of stock. On the 18th of May, Jaime Lalinde exercised options to buy 3m shares at a strike price of around CA$0.33, costing a total of CA$825k. This transaction amounted to 250% of their direct individual holding at the time of the trade. Since December 2020, Jaime has owned 1.00m shares directly. Company insiders have collectively bought CA$1.2m more than they sold, via options and on-market transactions, in the last 12 months. Announcement • May 22
O2Gold Inc. Identifies First Drill Targets, Updates Exploration Campaign O2Gold Inc. announce its first drill targets on the properties acquired from Grupo de Bullet (the "Project") earlier this year, as well as further details of its ongoing exploration campaign. Last week, the Company began approximately 15,000 linear meters of spontaneous potential testing in the veins and their projections to define the continuity along the strike and dip at the Aurora-Quintanillo target. Additionally, the geophysical exploration of the Project's brownfields is ongoing. Results of this campaign are expected in late second quarter to early third quarter 2021. The Company has defined the first 2,000 meters of targets for its forthcoming drill campaign. Drilling at the Aurora mine is expected to start in Second Quarter 2021. These initial drills are scheduled to be followed by an additional approximately 8,000 meters of drilling in the Project's brownfields, primarily at Aparecida and Quintanillo, in third quarter 2021. Announcement • May 08
O2gold Inc. Announces First Results in the Otu Centro Gold Project, in Segovia, Colombia O2Gold Inc. announced the first results of its work on the properties acquired from Grupo de Bullet (the "Properties") earlier this year (the "Acquisition"), as well as some of the Company's forthcoming exploration plans. In February 2021, the Company began mapping and collecting samples of mineralized veins in Aurora-Quintanillo, a target where the vendor in the Acquisition, Grupo de Bullet, had previously carried out mapping and sampling of tunnels that were then in production. Aurora-Quintanillo is located immediately west of the Otú Fault, which is a sinister strike-slip fault system with an extension of more than 80km and several associated occurrences, including Gran Colombia Gold's El Silencio mine (approximately 20 km to the south) and Soma Gold's El Limon mine (approximately 20 km to the north). Mineralization occurs in quartz veins, sometimes parallel to the foliation of the host rocks and occasionally orthogonal to this general direction. Several sampling points suggest that the main lode is continuous for more than 4 km, displaced only once by the La Nevera Fault, of direction N40E, which causes a displacement on the surface of about 200 meters. In addition to this main body, with direction N05-10E, two more systems have been defined, one parallel to it and a second subordinate with directions varying N20-40W. During the mapping, O2Gold's geologists verified that the region is highly weathered, making it difficult to trace mineralized veins. The thicknesses observed in previous works and during this mapping showed a range from 0.40 to 1.00 meters, up to 3 meters, and presents an anastomosed pattern that causes the opening and closing of the mineralized structures. The mineral paragenesis observed in a few non-weathered samples shows 5-15% of sulfides of the galena, sphalerite, and pyrite, and the gangue minerals represented by quartz and some calcite, which corroborates the historical data reported by the mapping of the tunnels. In total, 169 samples were collected for analysis using the FAA515/FAG505/AAS12C methods at SGS Colombia S.A.S.'s ("SGS") laboratories in Medellín. Announcement • Apr 18
O2Gold Inc. announced that it has received CAD 3.478 million in funding On April 16, 2021, O2Gold Inc. (TSXV:OTGO) closed the transaction. The company issued 17,390,000 units for gross proceeds of CAD 3,478,000 in the transaction. The warrants expire on April 16, 2023. The company paid finder’s fees of CAD 175,000 in cash and issued 875,000 non-transferable finder’s warrants to eligible finders. Each finder’s warrant entitles the holder to acquire one common share at an exercise price of CAD 0.20 per share at any time prior to April 16, 2023. All securities issued in the transaction are subject to a statutory hold period of four-months and one day, expiring on August 17, 2021. The transaction is subject to receipt of final approval of the TSX Venture Exchange. Executive Departure • Apr 11
Non-Executive Chairman Frederic Leigh has left the company On the 8th of April, Frederic Leigh's tenure as Non-Executive Chairman ended after less than a year in the role. As of December 2020, Frederic personally held 9.87m shares (CA$2.3m worth at the time). A total of 5 executives have left over the last 12 months. Recent Insider Transactions Derivative • Apr 04
Non-Executive Chairman exercised options to buy CA$1.0m worth of stock. On the 1st of April, Frederic Leigh exercised options to buy 4m shares at a strike price of around CA$0.075, costing a total of CA$281k. This transaction amounted to 429% of their direct individual holding at the time of the trade. Since June 2020, Frederic's direct individual holding has decreased from 9.87m shares to 872.48k. This was the only transaction from an insider over the last 12 months. Is New 90 Day High Low • Feb 04
New 90-day high: CA$0.30 The company is up 25% from its price of CA$0.24 on 26 October 2020. The Canadian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period. Announcement • Jan 15
Origin Gold Corporation announced that it expects to receive CAD 5 million in funding Origin Gold Corporation (TSXV:OIC) announced a non-brokered private placement financing of up to 25,000,000 units at a price of CAD 0.20 per unit for gross proceeds of up to CAD 5,000,000 on January 14, 2021. Each unit will consist of one common share and one-half of one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at an exercise price of CAD 0.30 for a period of 24 months from issuance. The closing of the transaction is subject to several conditions, including without limitation, receipt of TSX Venture Exchange approval. The company may pay finder’s fees to eligible finders in accordance with the policies of the TSX Venture Exchange consisting of a cash commission equal to up to 7% of the gross proceeds raised under the and finder warrants in an amount equal to up to 7% of the number of units sold. Each finder warrant will entitle the holder thereof to purchase one common share at a price of CAD 0.20 for a period of 24 months following the closing date. Closing of the transaction is expected to occur on or about February 15, 2021. All securities issued in connection with the transaction will be subject to a statutory hold period of four-months and one day. Is New 90 Day High Low • Dec 09
New 90-day low: CA$0.22 The company is down 29% from its price of CA$0.31 on 08 September 2020. The Canadian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 10.0% over the same period. Announcement • Nov 12
Origin Gold Corporation Announces the Resignation of Mr. Scott Moore as A Director Origin Gold Corporation announced the resignation of Mr. Scott Moore as a director of the Company, effective immediately. Announcement • Sep 22
Origin Gold Corporation Appoints Fred Leigh as Director and the Non-Executive Chairman of the Board of Directors Origin Gold Corporation announced that Fred Leigh has been appointed as a director and the non-executive chairman of the board of directors of the Company, effective immediately. Mr. Leigh has over 35 years of experience working with early stage companies and has had a significant role as founder, director and/or investor in many public companies. He is also the founder and President of Siwash, a privately held company which, for over 28 years has invested in early stage opportunities in the resource sector. Announcement • Jul 10
Origin Gold Corporation (TSXV:OIC) signed a binding letter of intent to acquire Otu Central Project from Bullet Holding Corporation for CAD 12.2 million. Origin Gold Corporation (TSXV:OIC) signed a binding letter of intent to acquire Otu Central Project from Bullet Holding Corporation for CAD 12.2 million on July 6, 2020. The deal value is payable as approximately CAD 1.36 million in cash and with the remainder payable in shares, (in each case subject to approval of the TSXV Venture Exchange), following completion of a private placement of Origin Gold’s common shares for proceeds of greater than CAD 4 million (the “financing”), that number of common shares equal to approximately CAD 4 million divided by the share price of the financing, on the one-year anniversary of the execution of the definitive agreement entered into in connection with the acquisition (the “definitive agreement”), that number of common shares equal approximately CAD 3.4 million) divided by the 30-day volume weighted average price (“VWAP”) of the shares of Origin Gold on the TSXV for the period immediately prior to the date such shares are issued and on the two-year anniversary of the execution of the definitive agreement, that number of common shares equal to approximately CAD 3.4 million divided by the 30-day VWAP of the Shares on the TSXV for the period immediately prior to the date such shares are issued. Bullet will retain a perpetual 2% net smelter return royalty affecting the entire Otu Central Project. Origin Gold is acquiring the assets free of debt and will also acquire the related infrastructure. Pursuant to the letter of intent, Origin Gold shall acquire all of the issued and outstanding shares of a newly formed entity (“NewCo”) that will own 100% of the assets.
In addition, Bullet shall be entitled to nominate one individual for election to Origin Gold’s board of directors at its annual general meeting held each year and shall be entitled to participate in any of Origin Gold’s future private placement financings on a pro rata basis in order for it to maintain its percentage ownership position, in each case for so long as Bullet holds at least 10% of the issued and outstanding shares of Origin Gold. The acquisition remains subject to a number of conditions, including the preparation and execution of the definitive agreement, approval of TSXV, receipt of regulatory approvals in Colombia and the provision of applicable legal opinions concerning the titles to the assets and other closing conditions customarily found in transactions similar to the acquisition. The acquisition is expected to be completed by no later than December 31, 2020.