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Orca Gold to Participate in Paris Conference on Sudan as the Primary Company in the Country's Mining Sector and Provides Corporate Update


Orca Gold to Participate in Paris Conference on Sudan as the Primary Company in the Country s Mining Sector and Provides Corporate Update
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Orca Gold Inc. (TSXV: ORG)
( Orca or the Company ) is pleased to announce that Mr. Richard Clark, President and CEO of Orca, is invited to participate in the
Paris Conference on Sudan Business Forum (the Forum ) to be held at the MEDEF International in Paris on May 17, 2021. The Forum will serve as a platform to showcase investment opportunities in Sudan in both the public and private sectors. Political leaders and preeminent representatives from each sector will attend the event where the economic reforms undertaken by the Government of Sudan will be presented. Orca will join Siemens Energy, General Electric and Baker Hughes for the segment on Energy and Mining. ....

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Baystreet.ca - Generation, Hemosternix, Organic Garage at 52-week highs on News


Generation, Hemosternix, Organic Garage at 52-week highs on News
Generation Mining Limited (T.GENM) hit a new 52-week high of 82 cents on Thursday. Generation Mining has closed its previously announced non-brokered private placement through the issuance of 4,292,367 common shares of the Company issued on a flow-through basis at a price of C$0.77 per FT Share for gross proceeds of $3,305,122.59. Eric Sprott purchased 2,000,000 FT Shares of the Offering.
Hemostemix Inc. (V.HEM) hit a new 52-week high of 73 cents on Thursday. Hemostemix has closed its previously announced non-brokered private placement of units announced on December 18, 2020, for gross proceeds of $2,750,000. The Offering consisted of the issuance of an aggregate of 9,166,667 post -consolidated Units at a price of $0.30 per Unit. Each Unit consists of one post-consolidated common share in the capital of the Company and one post-consolidated common share purchase warrant, with each full Warrant en ....

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United States Rescinds Sudan's Designation as a State Sponsor of Terrorism


United States Rescinds Sudan s Designation as a State Sponsor of Terrorism
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Orca Gold Inc. (TSXV: ORG)
( Orca or the Company ) is pleased to confirm that Sudan s designation as a State Sponsor of Terrorism is rescinded. The Company extends its congratulations to the people and government of Sudan in achieving this historical result, which recognizes the significant effort, determination, and sacrifice by the people of Sudan towards political, religious, social and economic change in their country.
The effects on Sudan s designation for the past 27 years have been extensive. The designation has severely limited options of international economic assistance and effectively blocked financing or debt relief from the International Monetary Fund and the World Bank, even though trade sanctions against Sudan had substantially been lifted by the end of 2017. ....

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