Oceana Gold prepares to re-list
Filed under: Mine - Didipio, Mineral - Copper, Mineral - Gold, Mineral - Silver, Operator - APMI, Region 02 - Nueva Vizcaya
A trading halt has been placed on Otago-based mining company Oceana Gold, as the company prepares to de-list in its current incarnation and re-list as Oceana Gold Corporation.
The renamed entity will also be listing on the Toronto stock exchange (TSX) on June 26, and will be looking to raise a further $NZ 112 million in capital.Â
Oceana Gold is New Zealand’s largest gold producer. Mining operations began at its Macraes site in East Otago in 1990, and it is developing a West Coast operation which will formally launch next month.
In 2006, it entered into a gold-copper venture in the Philippines which doubled its market capitalization to $A 537 at the time.
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