In connection with the closing, the Company paid total finders' fees of
An insider of the Company subscribed for 500,000 Flow-Through Shares. As such, his participation constitutes a “related party transaction” as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (“MI 61-101”). Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the Flow-Through Shares acquired by the insider nor the consideration for the Flow-Through Shares paid by such insider, exceed 25% of the Company’s market capitalization. The Company did not file a material change report 21 days prior to the closing date of the Flow-Through Offering as details of the participation of such insider in the Flow-Through Offering was unknown at such time.
The Offering remains subject to the final approval of the
About Opus One
- Noyell property (option to earn 100%) is located few kilometers East of
Nottaway Resources Vezza Mine , within the Casa Berardi gold district. - Vezza Extension and Vezza North are located few kilometers West and North of
Nottaway Resources Vezza Mine ; - Fecteau property (option to earn 100%), located in the Urban-Barry greenstone belt, east of Osisko Mining’s
Windfall Lake deposit, currently one of the most active exploration area inCanada . - Bachelor Extension property is adjacent to Bonterra Resources Inc.-
Bachelor Gold Mine ; - Courvillle gold property is located east of Val D’Or;
Neither the
For more information, please contact:
T (514) 591-3988
Info@OpusOneResources.com
President, CFO & Director
T (902) 826-1579
F (902) 826-2550
C (902) 402-0388
mkinley@winassoc.biz
Visit Opus One’s website: www.OpusOneResources.com
![](https://ml.globenewswire.com/media/ZjJjNTM2MjUtZjY1Ny00NWVjLTgyYjAtNDdkMjM3YTQwYzBjLTExMDY3MTU=/tiny/Opus-One-Gold-Corporation.png)
2022 GlobeNewswire, Inc., source