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ORVANA SUBSIDIARY IN BOLIVIA REPORTS Q1 FY2024 FINANCIAL RESULTS
ORVANA SUBSIDIARY IN BOLIVIA REPORTS Q1 FY2024 FINANCIAL RESULTS Canada NewsWire ...
About this update from Orvana Minerals Corp.
[{"type":"text","content":"\n \n \n \n ORVANA SUBSIDIARY IN BOLIVIA REPORTS Q1 FY2024 FINANCIAL RESULTS\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.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 \n TORONTO\n \n \n ,\n \n \n Feb. 5, 2024\n \n \n /CNW/ -\n \n Orvana Minerals Corp.\n \n (TSX: ORV)\n \n (the \"Company\" or \"Orvana\")\n \n announces the filing at the Bolivian stock market by its subsidiary, Empresa Minera Paitií, S.A. (\"EMIPA\"), of its unaudited Financial Statements for the first quarter of the fiscal year 2024 (\"Q1 FY2024\"). In\n \n September 2023\n \n , the Autoridad de Supervision del Sistema Financiero (ASFI),\n \n Bolivia's\n \n financial regulator, approved and registered EMIPA as an eligible bond issuer on the Bolivian stock market. As a registered bond issuer on the Bolivian stock market, EMIPA is required to file its quarterly financial statements with ASFI. The purpose of registering EMIPA as an eligible bond issuer is to provide the subsidiary with the ability to raise funds from the sale of bonds in\n \n Bolivia\n \n to finance its proposed oxides stockpile project. As of the date hereof, EMIPA continues to seek financing for its oxides stockpile project. There can be no assurance that EMIPA's efforts will result in adequate financing for the oxides stockpile project. The Company will provide updates on the status of EMIPA's oxides stockpile project as material information develops from time to time, and will provide updates on EMIPA's financing efforts when further information becomes available....