Financings
Orestone Increases Non-Brokered Private Placement to $2,200,000 Million

ORS · Price
Executive Summary
- Orestone Mining Corp. increased its previously announced non‑brokered private placement by $200,000, bringing total aggregate proceeds to $2,200,000.
- The offering consists of up to 27,500,000 units at $0.08 per unit; each unit includes one common share and one warrant exercisable at $0.16 for one year.
- Closing is expected on or about November 7, 2025, subject to TSX Venture Exchange approval, with a four‑month‑plus‑one‑day hold period on the securities.
Key Details
- Total proceeds: $2,200,000 (up from the originally announced $2,000,000).
- Units offered: Up to 27,500,000 units at $0.08 per unit.
- Unit composition: 1 common share + 1 common share purchase warrant.
- Warrant terms: Exercise price $0.16 per share; exercisable for one year from issuance date.
- Closing date: Expected on or about November 7, 2025 (or later at the Company’s discretion).
- Exchange condition: Closing subject to conditional approval by the TSX Venture Exchange.
- Hold period: All securities issued will be subject to a hold period of four months and one day from the closing date.
- Use of proceeds: As previously disclosed in the October 10, 2025 offering announcement (not restated here).
- Finders’ fees & insider placements: Terms remain as previously disclosed.
- Regulatory disclaimer: Securities are not registered under U.S. securities laws and may not be offered or sold to U.S. persons except pursuant to an exemption.
Notable Quotes
- “We are pleased to increase the size of our private placement in response to strong investor demand, providing additional capital to advance our exploration programs.” – David Hottman, CEO
All boilerplate, forward‑looking statements, and disclaimer text have been omitted for brevity.
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