Orestone Mining Corp. Increases Private Placement Due to Overwhelming Demand

Strategic Insights -

Orestone Mining Corp., a Canadian-based company with a globally experienced management team, has increased its non-brokered private placement due to an unprecedented demand from potential investors. The company's shares and warrants will now be offered at a total of $2,200,000, consisting of up to 27,500,000 units priced at $0.08 per unit. This strategic move comes after Orestone's initial announcement on October 10, 2025, which already generated significant interest among investors. The company's management has confirmed that the increased placement is a testament to the growing interest in the company's gold, silver, and copper projects in Canada and Argentina.

Key Takeaways:

  • The company's non-brokered private placement has been increased by $200,000 to a total of $2,200,000.
  • Orestone will offer up to 27,500,000 units at $0.08 per unit, including one common share and one common share purchase warrant per unit.
  • Each warrant will be exercisable for one common share at a price of $0.16 for one year from the date of issuance.
  • The company's management team sees this move as a reflection of the growing interest in the company's projects and the demand for their securities.
  • The company's property portfolio includes gold, silver, and copper projects in Canada and Argentina, with its near-term objective being to define an oxide gold deposit mineable by open pit methods.
  • Orestone's Board of Directors and management team have extensive experience in the mining industry, having been involved in numerous project and corporate successes.

Statistics:

  • Total aggregate proceeds to the company: $2,200,000
  • Number of units to be offered: up to 27,500,000 units
  • Price per unit: $0.08
  • Warrant exercise price: $0.16 for one year from the date of issuance
  • Hold period for securities issued under the offering: four months and one day from the date of closing

Sources:

  • Orestone Mining Corp., news release dated October 30, 2025, available on Newsfile Corp.
  • Orestone Mining Corp., website at www.orestone.ca
  • Canadian Securities Exchange (TSXV) regulations
  • United States Securities Act of 1933, as amended (Regulation S)