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VANCOUVER, British Columbia, Jan. 28, 2021 (GLOBE NEWSWIRE) Orezone Gold Corporation (TSX.V: ORE OTCQX: ORZCF) (the “Company”) announces that it has completed its previously announced bought deal equity financing (the “Offering”) for aggregate gross proceeds of C$73,754,625. The Offering was co-led by Canaccord Genuity Corp. and CIBC Capital Markets, and included Raymond James Ltd., PI Financial Corp. and Sprott Capital Partners LP (collectively the “Underwriters”). The Underwriters received a cash commission equal to 4% of the gross proceeds of the Offering. Pursuant to the Offering, the Company issued 61,950,000 common shares (“Shares”) at a price of C$1.05 per Share for gross proceeds of C$65,047,500. The Underwriters also exercised the over-allotment option to purchase an additional 8,292,500 Shares for gross proceeds of C$8,707,125. ....
Orezone Selects Lycopodium as EPCM Contractor and Provides Bomboré Project Development Update VANCOUVER, British Columbia, Jan. 05, 2021 Orezone Gold Corporation (TSX.V: ORE OTCQX: ORZCF) is pleased to announce that it has taken several key steps in advancing its 90% owned Bomboré Gold Project towards project construction. Highlights include: EPCM Award: The Company has awarded the engineering, procurement, and construction management (“EPCM”) contract to Lycopodium Minerals Pty Ltd. (“Lycopodium”), a company with an excellent track record of delivering projects on time and on budget in West Africa. First gold is scheduled for early Q3-2022. Phase I Resettlement Action Plan (“RAP”): All villages and infrastructure have now been completed. Relocation of households is proceeding smoothly with relocation substantially complete. This opens access to all areas required for the preparation of the process plant, surface infrastructure, and key mining ar ....