trending Market Intelligence /marketintelligence/en/news-insights/trending/dn-_ybpvjppw5bcwzfjnng2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Orezone to raise C$44.9M to fund Bombore gold project development

Mining Insights Newsletter June 2020

A Decade of Underperformance for Gold Discoveries

State of the Market: Mining Q1-2020

Mining Exploration Insights - April 2020


Orezone to raise C$44.9M to fund Bombore gold project development

Orezone Gold Corp. said March 26 that it intends to raise C$44.9 million through the placement of 56,150,000 shares at 80 Canadian cents apiece to fund the development of the Bomboré gold project in Burkina Faso and for general corporate purposes.

New strategic investors Resource Capital Fund VII LP and Coris Capital SA will subscribe for 42,056,250 and 3,750,000 shares, representing 19.99% and 1.78% of the company's issued share capital, respectively.

Two of Orezone's largest existing shareholders will also participate in the offering, which is scheduled to close in early April.

As part of its subscription, Resource Capital Fund VII also entered into an investor rights deal, which gives it participation rights to maintain its pro rata shareholding as long as it remains above 10% as well as the right to nominate two directors to Orezone's board.

"With these funds on hand and no debt, the company is well positioned to make a construction decision and to commence the first phase construction of the Bomboré project later this year," Orezone President and CEO Patrick Downey said.