Nioko Resources Files Early Warning Report in Respect of Orezone Gold Corporation

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[{"type":"text","content":"Nioko Resources Files Early Warning Report in Respect of Orezone Gold Corporation\n\n\n\n OUAGADOUGOU, Burkina Faso, April 02, 2025 (GLOBE NEWSWIRE) -- This news release is issued by Nioko Resources Corporation (“\n \n Nioko Resources\n \n ” or the “\n \n Acquiror\n \n ”) pursuant to the early warning requirements of Canada’s National Instrument 62-104 and National Instrument 62-103 with respect to common shares (the “\n \n Common Shares\n \n ”) of Orezone Gold Corporation (“\n \n Orezone\n \n ”), a reporting issuer in each of the Provinces and Territories of Canada with a head office at 450-505 Burrard St., Vancouver, British Columbia, V7X 1M3.\n \n\n On April 2, 2025, the Acquiror acquired ownership of 10,719,659 Common Shares (the “\n \n Acquired Shares\n \n ”) issued from treasury at a price of C$0.82 per Acquired Share for aggregate consideration of C$8,790,121.38 (the “\n \n Equity Financing\n \n ”).\n \n\n The Acquired Shares represent approximately 2.0% of the Common Shares issued and outstanding on closing of the Equity Financing. Prior to closing of the Equity Financing, Nioko Resources had beneficial ownership, control or direction over, directly or indirectly 92,743,855 Common Shares. The total holdings in the Common Shares of Orezone held by the Acquiror post-closing of the Equity Financing will represent approximately 19.6% of the issued and outstanding Common Shares.\n \n\n The Acquiror acquired the Acquired Shares for investment purposes. Depending on market and other conditions, the Acquiror may increase or decrease its beneficial ownership, control or direction over Common Shares through market transactions, private agreements, treasury issuances, exercise of options, warrants, convertible securities or otherwise, in each case as investment conditions warrant.\n \n\n An early warning report (the “\n \n Report\n \n ”) disclosing the acquisition of the beneficial ownership of the Acquired Shares under the Equity Financing will be filed on Orezone’s SEDAR+ profile at www.sedarplus.ca and can be obtained from Nioko Resources, Ouagadougou, Secteur 54, Parcelle 02, Lot 17, Section 281(I), S/C 01 BP 2061, Ouagadougou 01, Burkina Faso, attention: Director General, by phone: (+226) 70 21 70 04 or by email:\n \...

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