Orezone Gold Corporation announced a that it has entered into a binding agreement for a non-brokered private placement of 92,743,855 common shares at a price of CAD 0.70 per share for the gross proceeds of CAD 64,920,698.5 on July 10, 2024. The transaction will include participation from new investor, Nioko Resources Corporation. The Company expects to complete the Equity Financing in July, which is subject to final approval of the TSX.

All common shares issued pursuant to the Equity Financing will be subject to a four-month hold period from the date of closing. No finder?s or broker fees are payable in connection with the transaction.