Orestone Mining Corp. is pleased to announce that Mr. John Kanderka has joined the Company's Board of Directors. Mr. Kanderka has more than 40 years of experience in the oil and gas industry as well as the minerals industry; he currently consults for a variety of exploration and production companies in Western Canada and the United States. Mr. Kanderka has many years of corporate experience as an officer and as a director [...]
Orestone Mining Corp. is pleased to announce the completion of its non‑brokered private placement announced on September 5 and October 19, 2017. The Company issued 3,991,667 units at a price of $0.06 per Unit for gross proceeds of $239,500.02. Each Unit consisted of one common share and one common share purchase warrant of Orestone, with each warrant being exercisable for one common share of Orestone at a price of $0.10 [...]
Orestone Mining announces that the price per Unit for its non‑brokered private placement previously announced on September 5, 2017 has been increased from $0.05 to $0.06 per Unit. The private placement now consists of 3,991,667 Units for gross proceeds of $239,500.02. The terms of the private placement and the Units and the proposed use of proceeds are otherwise as previously disclosed. The private placement is subject to [...]
Orestone Mining is pleased to announce its intention to proceed with a non-brokered private placement. Under the private placement, the Company proposes to issue up to 4,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $200,000. Each unit will consist of one common share of the Company and one common share purchase warrant; each Warrant will entitle the holder to purchase one common share of the [...]
Orestone Mining is pleased to announce that the TSX Venture Exchange has approved the Company's share consolidation (the "Share Consolidation") on the basis of one (1) post-consolidation common share for every five (5) pre-consolidation common shares. Effective as of the opening of markets on Tuesday, August 29, 2017, the Company will commence trading on the TSX-V on a consolidated basis. The post-consolidated common [...]
Orestone Mining is pleased to announce that the Company has named Mr. Mark T. Brown, CPA, CA as CFO of the Company. Mr. Brown is a senior financial management professional acting as C.F.O and director to several public companies. On his appointment, Mr. Brown stated "I believe that Orestone has a solid management team and holds a promising copper-gold prospect in a politically stable jurisdiction, and I am excited to see [...]
Orestone Mining announces that the Company will consolidate the Company's common shares on the basis of one (1) post-consolidation Common Share for every five (5) pre-consolidation Common Shares or at such lower consolidation ratio as may be required by the TSX Venture Exchange (the "Share Consolidation"). It is management's view that the Share Consolidation will benefit the Company by increasing investor interest [...]
Vancouver, British Columbia--(Newsfile Corp. - August 3, 2016) - Orestone Mining Corp. (TSXV: ORS), announces that the Company will consolidate the Company's common shares ("Common Shares") on the basis of one (1) post-consolidation Common Share for every five (5) pre-consolidation Common Shares or at such lower consolidation ratio as may be required by the TSX Venture Exchange (the "Share Consolidation"). It is [...]
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2016) - Orestone Mining Corp. (TSXV: ORS) is pleased to announce that the Company has initiated a geophysical survey over the Admiral target on the Company's 100 percent owned Captain copper-gold porphyry project in North Central British Columbia. The program, budgeted at CDN$25,000, will consist of eight line kilometers of IP/Resistivity and continuous detailed [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 29, 2016) - Orestone Mining Corp. (TSX VENTURE:ORS) is pleased to announce that the Company has named Mr. Andrew Muir as CFO of the Company. Mr. Muir holds a Bachelor of Science (Honours) in Geology from the University of British Columbia and the Chartered Financial Analysts (CFA) designation. Prior to joining Orestone in October of 2013 Mr. Muir was with [...]
Orestone Mining is pleased to announce that it has completed the sale of its interest in the Todd Creek Property located in the Stewart Mining Camp of British Columbia to Millrock Resources. Millrock has purchased a 100% royalty-free interest in the Todd Creek Joint Venture for C$100,000 cash and 888,889 Millrock common shares distributed on a pro-rata basis according to the joint venture ownership ([...]
Orestone Mining provides the following update on the Estrella de Oro project located in Sonora State, Mexico optioned from Kootenay Silver in January of this year. Orestone completed an initial soil geochemistry program consisting of a grid covering an area of 500 metres by 700 metres. Results show a gold anomaly approximately 600 meters long by 100 to 150 metres wide that corresponds with previous positive surface [...]
