OceanaGold Announces IPO Pricing For 20% Interest in OGPI
VANCOUVER, BC, April 25, 2024 /PRNewswire/ – OceanaGold Corporation (TSX:OGC) (OTCQX: OCANF) (“OceanaGold” or the “Company”) announces that it will raise ₱6.08B (approximately US$106M1) through an Initial Public Offering (“the Offering”) of 20% of the common shares of its wholly-owned subsidiary, OceanaGold Philippines, Inc. (“OGPI”) on the Philippines Stock Exchange (“PSE”). OGPI holds the Company’s interest in the Didipio Mine and, pursuant to the terms of the renewed Financial or Technical Assistance Agreement (“FTAA”), is required to list its common shares on the PSE. The Offering is a secondary offering of common shares, with the proceeds to be received by a wholly-owned subsidiary of OceanaGold.
Related news for (OCANF)
- OceanaGold Reports Record Quarterly Net Profit
- OceanaGold Announces Effective Date of Share Consolidation in Connection with Proposed U.S. Listing
- OceanaGold Reports Voting Results from its 2025 Annual General and Special Meeting
- OceanaGold Reports First Quarter 2025 Operating & Financial Results
- OceanaGold Announces New Discovery and Additional High-Grade Drill Results at Haile