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Vancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - Orea Mining Corp., has been permanently delisted from trading on the Toronto Stock Exchange and the OTCQB; transfer agent, clearing, CDS and DTC services are inactive or have terminated. Orea was assigned into bankruptcy on April 17, 2024.
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2024) - Orea Mining Corp. (TSX: OREA) (OTCQB: OREAF) (FSE: 3CG) ("Orea") is providing an update to its previously disclosed management cease trade order ("MCTO"), announced on January 3, 2024, in respect of the audited annual financial statements and corresponding management's discussion and analysis for the year ended September 30, 2023, including the CEO and CFO certifications (collectively, the "Annual Filings") that were not filed by the required regulatory filing deadline of December 29, 2023. As previously disclosed, the delays are a result of not closing the Montagne d'Or gold project transaction, which has resulted in a significant working capital deficit and a material reduction in staff.
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2024) - Orea Mining Corp. (TSX: OREA) (OTCQB: OREAF) (FSE: 3CG) ("Orea" or the "Company") is providing an update to its previously disclosed management cease trade order ("MCTO"), announced on January 3, 2024, in respect of the audited annual financial statements and corresponding management's discussion and analysis for the year ended September 30, 2023, including the CEO and CFO certifications (collectively, the "Annual Filings") that were not filed by the required regulatory filing deadline of December 29, 2023. As previously disclosed, the delays are a direct consequence of not obtaining Canadian government approval to close the transaction to acquire 100% of the Montagne d'Or gold project, which has resulted in a significant working capital deficit and a material reduction in Orea's staff.
VANCOUVER, BC , Nov. 28, 2023 /PRNewswire/ - Orea Mining Corp. ("Orea") (TSX: OREA) (OTCQB: OREAF) (FSE: 3CG) reports that the Canadian government has not provided a decision concerning Orea's amended purchase agreement to acquire Nord Gold plc's ("Nordgold") 55.01% interest in the 5-million-ounce Montagne d'Or gold mine development project * (the "Acquisition"). Orea and its legal team are not aware of any transactions obtaining approval by the Canadian government related to persons sanctioned under the Special Economic Measures (Russia) Regulations, and considers it unlikely that the Acquisition will receive approval soon, or ever, therefore the Acquisition has been terminated.
VANCOUVER, BC , Nov. 22, 2023 /PRNewswire/ - Orea Mining Corp. ("Orea") (TSX: OREA) (OTCQB: OREAF) (FSE: 3CG) announces that the Supreme Court of France (Conseil d'État) has sent the ruling concerning the renewal of the Montagne d'Or mineral titles back to the Court of Appeals. Orea and its legal advisors remain confident of a positive outcome for Orea and its shareholders, however the timeline of a conclusive ruling cannot be reasonably predicted.
Experienced executive David Patterson wanted to be ahead of the nickel curve when he formed a new Québec-focused company in September 2020, foreseeing growing demand for metal in the clean energy sector. Patterson moved quickly, approaching Glenn Mullan, Chief Executive Officer of Val-d'Or Mining, ultimately leading to then-private Québec Nickel buying what is now the company's 15,000-plus hectare Ducros nickel, copper and PGE (platinum group element) project from Val-d'Or Mining for 3,589,341 special warrants.
VANCOUVER, BC, Oct. 7, 2021 /PRNewswire/ - Orea Mining Corp. ("Orea") (TSX: OREA) (OTCQX: OREAF) (FSE: 3CG) reports that it has received confirmation today, that the French government has filed a final appeal to the French Supreme Court (Conseil d'Etat) on the renewal of the Montagne d'Or Gold Deposit mining titles, located in French Guiana, France, owned 44.99% by Orea and 55.01% by Nord Gold plc (the "JV"). As announced on July 22, 2021, the Court of Appeal of Bordeaux rejected the French Government's appeal and its request for a stay of execution of the initial court rulings of December 24, 2020, which were in favour of the JV, ordering the renewal of the mining titles.
VANCOUVER, BC, Sept. 29, 2021 /PRNewswire/ - Orea Mining Corp. ("Orea") (TSX: OREA) (OTCQX: OREAF) (FSE: 3CG) is pleased to provide an update on the acquisition of a new gold project located in Suriname, South America.
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