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ORVANA ANNOUNCES US $37.7M BONDS PLACEMENT IN BOLIVIA TO PARTIALLY FINANCE ITS RESTART PLAN FOR THE DON MARIO OPERATION
ORVANA ANNOUNCES US $37.7M BONDS PLACEMENT IN BOLIVIA TO PARTIALLY FINANCE ITS RESTART PLAN FOR T...
About this update from Orvana Minerals Corp.
[{"type":"text","content":"\n\n\n\n ORVANA ANNOUNCES US $37.7M BONDS PLACEMENT IN BOLIVIA TO PARTIALLY FINANCE ITS RESTART PLAN FOR THE DON MARIO OPERATION\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnml40{\nMARGIN-LEFT:3.33em !IMPORTANT\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n TSX:ORV\n \n\n\n\n /NOT FOR DISTRIBUTION IN\n \n THE UNITED STATES\n \n /\n \n\n\n\n This news release does not constitute an offer of securities for sale in\n \n the United States\n \n . Securities may not be offered or sold in\n \n the United States\n \n absent registration with the United States Securities and Exchange Commission or an exemption from registration. There will be no public offering of any of the securities mentioned in this news release in\n \n the United States\n \n .\n \n\n\n\n This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.\n \n\n\n\n\n TORONTO\n \n\n ,\n \n\n July 31, 2024\n \n\n /CNW/ -\n \n Orvana Minerals Corp.\n \n (TSX: ORV)\n \n (the \"Company\" or \"Orvana\")\n \n is pleased to announce the successful placement of 80.11% of the offered bonds in\n \n Bolivia\n \n , the keystone to financing its Oxides Stockpile Project at the Don Mario Operation. The bonds are being offered solely by Empresa Minera Paitití, S.A. (\"EMIPA\", the Company's subsidiary in\n \n Bolivia\n \n ) and only through the facilities of the Bolivian stock exchange. The Company is also reporting additional financing transactions related to the Oxides Stockpile Project closed by EMIPA in\n \n Bolivia\n \n , and the filing at the Bolivian stock market by EMIPA of its unaudited Financial Statements for the third quarter of the fiscal year 2024 ended\n \n June 30, 2024\n \n (\"Q3 FY2024\"). Orvana is not offering any securities under the financings to restart the Don Mario Operation.\n \n\n\n\n\n\n\n\n\n\n Juan Gavidia\n \n , CEO of Orvana Minerals Corp. stated: \"\n \n This placement is the key step in the financing process of the Oxides Stockpile Project in\n \n Bolivia\n \n...