|Bid||0.045 x 0|
|Ask||0.050 x 0|
|Day's Range||0.0450 - 0.0500|
|52 Week Range||0.0400 - 0.1500|
|Beta (3Y Monthly)||4.44|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
TORONTO , Dec. 31, 2018 /CNW/ - Orefinders Resources Inc. ("Orefinders" or the "Company") (ORX.V) is pleased to provide shareholders with a review of the Company's achievements along with insight on Management's plans for 2019. In 2019 our shareholders can expect us to continue with our well defined and focused strategy of seeking the best return on investment that we feel is available. Within this context, Orefinders strives to be best in class for this strategy by providing levered exposure to the price of gold and positioning our shareholders to participate in what we see as an inevitable consolidation of the mining industry.
TORONTO , Dec. 13, 2018 /CNW/ - Orefinders Resources Inc. ("Orefinders" or the "Company") (ORX.V) is pleased to advise that, as a significant shareholder in Power Ore Inc. ("Power Ore"), we are keeping our shareholders aware of their recent, transformational acquisition of the Opemiska Copper Mine Complex ("Opemiska"). Today Power Ore announced that they have entered into an agreement to acquire a 100% interest in Opemiska from a privately owned arms length company. Opemiska consists of two past producing underground copper mines in Springer and Perry and neighbours the town of Chapais , Québec.
TORONTO , Nov. 8, 2018 /CNW/ - Orefinders Resources Inc. ("Orefinders" or the "Company") (ORX.V) is pleased to present its exploration plans, 3D geologic models and geologic interpretations for its Mirado Project located to the southeast of Kirkland Lake, Ontario . A PEA was released in January 2018 highlighting the highly economic South Zone Open Pit zone of the Mirado Project, with a 158% IRR, an after-tax NPV at a 5% discount rate of $20.5 million , and a payback on initial capital of 7 months. The Mirado project has a current mineral resource estimate of 559,000 tonnes at an average grade of 2.61 g/t gold for 46,900 ounces (indicated resources), and additional inferred resources of 382,000 tonnes at an average grade of 2.66 g/t gold for 32,700 ounces, based on a cut-off grade of 1.0 g/t gold.
TORONTO , Oct. 18, 2018 /CNW/ - Orefinders Resources Inc. ("Orefinders" or the "Company") (ORX.V) is pleased to present its exploration plans, 3D geologic models and geologic interpretations for its McGarry Project located along the Cadillac-Larder Lake Break near Virginiatown , Ontario. The McGarry Project has historical indicated and inferred resources of 447,000 tonnes grading 7.89 g/t gold, and 157,000 tonnes grading 5.83 g/t gold, respectively (see note on historical resources). The mine produced gold as recently as 2013 and abuts the Kerr-Addison mine on our eastern border, which produced ~12 million ounces over 58 years, and the new Bonterra Resources spin off company Gatling Exploration's Bear Lake and Cheminis deposits on our western border.
Orefinders Presenting at Kirkland Lake Symposium and Mines & Money/Technology in London, UK
The big shareholder groups in Orefinders Resources Inc (CVE:ORX) have power over the company. Institutions often own shares in more established companies, while it’s not unusual to see insiders own Read More...
TORONTO , Sept. 12, 2018 /CNW/ - Orefinders Resources Inc. ("Orefinders" or the "Company") (ORX.V) is pleased to present an investment memorandum entitled Why invest in Orefinders? The memorandum is in narrative form to provide investors with a detailed view of management's vision for the Company, its strategy within the current gold market and how it plans to capitalize for the benefit of its shareholders. An approach that investors might not have seen before.
TORONTO , Sept. 5, 2018 /CNW/ - Orefinders Resources Inc. ("Orefinders" or the "Company") (ORX.V) is pleased present its exploration plans, 3D geologic models, interpretations and big picture vision for its 100% owned Knight Project in the Shining Tree District of Northern Ontario . The Knight Project consists of multiple contiguous assets which had been acquired from multiple vendors and consolidated as one project now owned by Orefinders. Knight's component projects (collectively the Tyranite Mine, Tyranite Extension, Minto , Duggan and Porphyry Lake projects) had mass quantities of data both in hardcopy and digital formats and since its acquisition, Orefinders has been validating and compiling all known work into its database.
TORONTO , Aug. 20, 2018 /CNW/ - Orefinders Resources Inc. ("Orefinders" or the "Company") (ORX.V) is pleased to announce that it has closed its McGarry Mine & Larder-Lake project acquisition as described in the Company's April 3rd, 2018 News Release. "We were able to acquire the McGarry Mine & Larder-Lake projects that were previously tied up in litigation and environmental issues and we have since come to an agreement with the Province which effectively eliminates the issues impeding development of the region. With this acquisition, Orefinders has acquired a very high-grade resource which has substantial exploration upside.
TORONTO , June 28, 2018 /CNW/ - Orefinders Resources Inc. ("Orefinders" or the "Company") (ORX.V) is pleased to announce that it has negotiated an agreement with the Province of Ontario's Ministry of Northern Development and Mines to resolve a series of Directors Orders and other outstanding issues that have effectively impeded investment on the McGarry Mine & Barber Larder properties. Accordingly, Orefinders has now waived a condition precedent to completing its acquisition of these properties and will now move to close the acquisition in the near term. The price we paid for McGarry/Barber-Larder reflected an asset which had been tied up in controversy, litigation and environmental issues.
TORONTO , June 21, 2018 /CNW/ - Orefinders Resources Inc. ("Orefinders" or the "Company") (ORX.V) is pleased to announce that it has posted a new investor webinar on Orefinders.ca, called Inside Orefinders: Gold + M&A Thesis. This webinar highlights Orefinders' strategy in the context of the current gold market, competing for capital with the high-risk Cannabis and Cryptocurrency industries, as well as sheds some light into the company's thesis on an upcoming Mergers & Acquisitions cycle. Orefinders is a Gold exploration and development company focused exclusively within the Abitibi Greenstone Belt.
Orefinders Reports Results of Annual Meeting including Shareholder Approval of Power Ore Inc. Spin Off
TORONTO , May 14, 2018 /CNW/ - Orefinders Resources Inc. ("Orefinders" or the "Company") (ORX.V) is pleased to remind shareholders of the Company's Annual General & Special Meeting ("AGSM") on May 24 at 10am EDT at 120 Adelaide St. West, Suite 2500 in Toronto . Management encourages shareholders to review annual reports and proxy materials which have been mailed. Additionally, all information pertaining to the AGSM is posted on www.sedar.com. "We would like to highlight the Company's proposal and vote pertaining to the Power Ore Inc. ("Power Ore") plan of arrangement (the "POA") and spin off.
Orefinders Signs Plan of Arrangement with Power Ore Inc., its Cobalt and Nickel Battery Metals Spin-off
Orefinders to Acquire the McGarry Mine & 2.4 km Strike Length of the Cadillac-Larder Lake Break abutting the Kerr-Addison Mine
Orefinders Updates on Power Ore Inc., its Cobalt and Battery Metals Spin-off; Announces Power Ore Seed Financing
View from the C-Suite: Stephen Stewart, CEO & Director of Orefinders Resources Inc., tells his company's story. Filmed on February 15, 2018
TORONTO , March 6, 2018 /CNW/ - https://youtu.be/6pTvnG6tQ6U The View from the C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture ...
Orefinders Files its Mirado PEA featuring a 158% IRR & 7 Month Payback on the Mirado Mine, along with Annual Financial Statements
Orefinders Announces Four Investor Presentations during PDAC, and Invites Shareholders to its Booth #2324
Orefinders Introduces its Exploration Moneyball Data Analytics Platform, to be Presented during the PDAC March 6, 2018
Orefinders introduces its Cobalt-Silver assets in the Cobalt/Gowganda District - Looks to Spin off pure play Battery Metals Public Company
Orefinders Joins IAMGOLD & Young Mining Professionals to Establish the YMP Scholarship Fund for Canadian Mining Students