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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Neutral

Osiris One Metals Appoints Randall Thompson as Director

Osiris One concludes Mongolia drilling and awaits Western Range acquisition closing after adding a mining veteran to its board.

By The Northwire Desk — AI Analysis Jun 15, 2026 · 08:01 OSM · 0.035 Osiris One Metals Ltd.
Executive Summary
  • Osiris One Metals appointed Randall Thompson to its Board of Directors and granted him 1,000,000 incentive stock options exercisable at $0.05 per share, vesting immediately.
  • Director Joseph Gallucci resigned from the Board.
  • The company reported the completion of a 600-metre diamond drilling campaign at its Victory Project in Mongolia, with core samples submitted for laboratory analysis and assay results pending.
  • Osiris One holds a 20% free carried interest in the Victory Project, operated by Trinity One Metals.
  • Preceding news from June 1 outlines the agreement to acquire an 80% interest in the Western Range silver-copper project in Western Australia for $30,000 USD, 9,000,000 shares, and a free carry to a bankable feasibility study, pending TSX Venture Exchange approval.
Material Impact
  • The June 15 director appointment and drilling completion represent routine corporate governance and exploration updates.
  • The option grant at $0.05 is slightly above the current trading price, reflecting standard market practice for recruiting senior mining talent, but introduces incremental dilution.
  • Completion of the 600-metre drill program is an expected operational milestone; without assay results, it does not alter the project's valuation or near-term cash flow profile.
  • The Western Range acquisition announced on June 1 remains pending regulatory approval and has not yet closed, meaning its financial and operational impact is not yet realized.
  • Overall, the news is incremental, aligns with previous exploration plans, and does not provide new, unexpected market-moving information.
OSM · Price
Company Overview
  • Osiris One Metals is a junior exploration company focused on critical minerals and base metals.
  • Flagship project: Urgakh Naran lithium brine project in Mongolia, located approximately 24km from the Chinese border with direct road access to buyers and smelters.
  • Additional assets include the Victory Project (copper) in Mongolia and the newly acquired Western Range (silver-copper) in Western Australia.
  • The company is in the early exploration phase, with no defined mineral resources or reserves reported to date.
Read the original news release →

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