Orecap Invest Corp V.OCI

Alternate Symbol(s): ORFDF

Metals & Mining Gold

Orecap Invest Corp. is a Canada-based company. The Company’s focus is on special situation investments in the natural resources sector, precious and critical metal assets and businesses. The Company has equity positions in portfolio companies, such as American Eagle Gold, QC Copper and Gold, Mistango, Awale Resources and Cuprum Corp., in addition to owning a broad portfolio of land packages focused on gold, copper and zinc. The Company’s portfolio includes American Eagle Gold, QC Copper and Gold, Mistango River Resources, Awale Resources, and Cuprum Corp. Its American Eagle Gold is focused on advancing its NAK property located in the Babine Copper-Gold Porphyry district in central British Columbia. QC Copper is focused on acquiring and developing copper projects in the Chibougamau region. The Company owns several gold projects: the Mirado project near Kirkland Lake, the Knight project in the Shining Tree District and the McGarry Project near Virginiatown, Ontario.

TSXV:OCI - Post by User

Orecap Invest Corp

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Comment by labrador6on Jun 21, 2019 1:08pm

48 Views

Post# 29850068

RE:RE:RE:RE:Mistango update

The minimum price for a PP is 5 cents (Mistango wants to make a PP at 2,2). They need a waiver from the TSX to make a PP under 5. I'm not sure that they will obtain the waiver and the approbation from the TSX.

Anyway, Mistango is a part of ORX ''non-traditional'' strategy of acquisition on acquisition on acquisition.

The war has begun with the actual MIS's management and probably they will cost a lot of money in lawyers and legal advisors at the expenses of ORX's shareholders.

I don't know if Stephen and Alex will pay the fees with their own remuneration, compensation and consulting fees?

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