00:00:18 EST Tue 20 Jan 2026
Enter Symbol
or Name
USA
CA



Opus One Gold Corp
Symbol OOR
Shares Issued 234,059,176
Close 2026-01-19 C$ 0.085
Market Cap C$ 19,895,030
Recent Sedar+ Documents

Opus One closes final tranche of placement

2026-01-19 16:46 ET - News Release

Mr. Louis Morin reports

OPUS ONE GOLD CORPORATION ANNOUNCES CLOSING OF A SECOND TRANCHE OF ITS PRIVATE PLACEMENT OF UNITS

Opus One Gold Corp. has closed its second and final tranche of a non-brokered private placement 5,235,000 units of the company at a price of 6.5 cents per unit for further gross proceeds of $340,275. Each unit comprises one common share of the company and one common share purchase warrant, with each warrant entitling the holder to acquire one common share at an exercise price of 10 cents per share for a period of 24 months following the closing of the offering.

Including the company's Dec. 30, 2025, closing of flow-through shares and units, the company raised aggregate gross proceeds of approximately $2,569,100 which will be used for exploration on its mineral exploration properties and for general working capital of the company.

The units were offered by way of the accredited investor exemption under National Instrument 45-106 -- Prospectus Exemptions in all the provinces of Canada. The units, FT shares, shares, warrants and warrant shares are subject to a four-month hold period in Canada following the closing of the offering.

In respect of the second tranche, the company paid $1,067.50 in cash finders' fees and issued a total of 43,200 compensation warrants to arm's-length finders, with each such compensation warrant being exercisable for a period of 24 months following the closing at a price of 10 cents per share.

Closing is subject to the approval of the TSX Venture Exchange and other customary closing conditions.

Related party transaction

Louis Morin, a director and officer of the company, and Charles Chevrette, a director of the company, acquired 500,000 units and 400,000 units, respectively, aggregate consideration of $58,500. Mr. Morin and Mr. Chevrette are hereinafter referred to as the insiders.

The insiders are considered a related parties and insiders of the company for the purposes of applicable securities laws and stock exchange rules and their subscriptions are considered as connected transactions. The subscriptions and issuances of units to the insiders constitute a related party transactions but are exempt from the formal valuation and minority approval requirements of Regulation 61-101 -- Protection of Minority Security Holders in Special Transactions as neither the aggregate fair market value of the common shares issued to the insiders, nor the aggregate consideration paid by such insiders, exceeds 25 per cent of the company's market capitalization. The insiders both abstained from voting on all matters relating to the offering.

About Opus One Gold Corp.

Opus One Gold is a mining exploration company focused on discovering high-quality gold and base metals deposits within strategically located properties in proven mining camps, close to existing mines in the Abitibi greenstone belt, northwestern Quebec and Northeastern Ontario -- one of the most prolific gold mining areas in the world. Opus One holds assets in Val d'Or and Matagami areas.

© 2026 Canjex Publishing Ltd. All rights reserved.