Financings
Oreterra Metals to Exhibit at PDAC 2026, Booth #2717

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
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Use of proceeds: Not explicitly stated in release (presumed support of upcoming drilling program and corporate working capital).
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PDAC Exhibition:
- Event: Prospectors & Developers Association of Canada Annual Convention 2026
- Dates: March 1‑4, 2026
- Location: Metro Toronto Convention Centre, Toronto, Ontario
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Booth: #2717 (Investor’s Exchange)
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Management Attendance:
- Kevin M. Keough – Chief Executive Officer
- Stephen Burega – President
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John Biczok – Vice‑President, Exploration
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Corporate Overhaul (completed Feb 2, 2024):
- Share consolidation: 10:1
- Name change from Romios Gold Resources Inc. to Oreterra Metals Corp.
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New ticker on TSX Venture Exchange: OTMC (effective Feb 2, 2026)
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Technical Report:
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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.
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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.
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Jul 16, 2026 · 07:31