Northwire Canada EditionWednesday, November 11, 2026
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Financings

Oreterra Metals to Exhibit at PDAC 2026, Booth #2717

By The Northwire Desk — AI Analysis Feb 25, 2026 · 07:31 OTMC · 0.53 Oreterra Metals Corp.
OTMC · Price

Executive Summary

  • Oreterra Metals Corp. announced an oversubscribed non‑brokered private placement financing for up to $9,500,000, expected to close on February 27, 2026.
  • The company will exhibit at the 2026 PDAC Convention (March 1‑4, 2026) – booth #2717 – where senior management will discuss plans for first‑ever drilling of the Trek South porphyry copper‑gold prospect in BC’s Golden Triangle.
  • Recent corporate actions include a 10:1 share consolidation, name change to Oreterra Metals Corp., and commencement of trading on the TSX Venture Exchange under ticker OTMC (effective February 2, 2026).

Key Details

  • Financing:
  • Type: Non‑brokered private placement (equity)
  • Target amount: Up to $9.5 million
  • Status: Oversubscribed; closing scheduled for Feb 27, 2026

  • Use of proceeds: Not explicitly stated in release (presumed support of upcoming drilling program and corporate working capital).

  • PDAC Exhibition:

  • Event: Prospectors & Developers Association of Canada Annual Convention 2026
  • Dates: March 1‑4, 2026
  • Location: Metro Toronto Convention Centre, Toronto, Ontario

  • Booth: #2717 (Investor’s Exchange)

  • Management Attendance:

  • Kevin M. Keough – Chief Executive Officer
  • Stephen Burega – President

  • John Biczok – Vice‑President, Exploration

  • Corporate Overhaul (completed Feb 2, 2024):

  • Share consolidation: 10:1
  • Name change from Romios Gold Resources Inc. to Oreterra Metals Corp.

  • New ticker on TSX Venture Exchange: OTMC (effective Feb 2, 2026)

  • Technical Report:

  • NI 43‑101 Technical Report for the Trek Property completed; highlights merits of Trek South prospect and recommends two initial drilling phases for the 2026 field season.

  • Additional Assets Mentioned (non‑material context):

  • Kinkaid claims (Nevada) – former Au‑Ag‑Cu producer, potential porphyry centres.
  • Scossa mine property (Nevada) – historic high‑grade gold producer.
  • Lundmark‑Akow Lake Au‑Cu property (Ontario) – VMS‑style Au‑Cu intersections from recent drilling.

Notable Quotes

  • “We look forward to discussing the Company’s plans for the first‑ever drilling of the large‑scale Trek South porphyry copper‑gold prospect in BC’s Golden Triangle during the upcoming field season.” – Kevin M. Keough, CEO

This release contains forward‑looking statements that involve risks and uncertainties; actual results may differ materially.

Read the original news release →

More from Oreterra Metals Corp.

Oct 05, 2026 · 07:31

Oreterra’s pre-assay CEO letter recycles bornite visuals and delays root test results to 2027 without disclosing grades or widths.

Drill Results Sep 17, 2026 · 07:31

Oreterra completes Phase 1 drilling at the Trek South deposit with assays pending as shares test multi-month lows.

Drill Results Sep 01, 2026 · 07:31

Oreterra adds 43 claims and new porphyry targets to its Kinkaid project ahead of a 2026 drilling campaign.

Drill Results Aug 25, 2026 · 14:43

Visual bornite and chalcopyrite in TS26-06 provide a vectoring clue for Oreterra rather than representing a drill intercept.

Drill Results Aug 05, 2026 · 07:31

Oreterra begins maiden drilling at the Trek South deposit following the execution of a $9.7 million financing plan.

Drill Results Jul 16, 2026 · 07:31

Oreterra begins drilling camp construction at its Trek South project, confirming the start of its maiden program by late July 2026.

Drill Results