OceanaGold Corp T.OGC

Alternate Symbol(s): OCANF

Metals & Mining Gold

OceanaGold Corporation is an intermediate gold and copper producer. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. The gold, copper, and silver it produces are essential to the renewable energy and transport sectors, life-saving medical devices and technology which connects communities around the world. The Didipio gold and copper mine is in Luzon, Philippines. It produces gold and silver as dore bars and copper in concentrate. The Macraes Operation on the South Island of New Zealand is an active gold producing mine. The operation includes a large-scale surface mine, an underground mine, and an adjacent process plant inclusive of an autoclave for pressure oxidation of the ore. Its Waihi Operation in the North Island of New Zealand is an underground operation. The Haile Gold Mine, located in Kershaw, South Carolina, is a gold mine on the East Coast.

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OceanaGold Corp

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OceanaGold Announces Partial Exercise of Over-Allotment Option Raising Additional Gross Proceeds of C$17.6 Million

23 October 2020

MEDIA RELEASE

(BRISBANE) OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the “Company”) announces that the underwriters for its previously completed bought deal equity financing (the “Offering”) have partially exercised and concluded the over-allotment option and today purchased a further 8,550,000 common shares at a price of C$2.06 per common share for further aggregate gross proceeds of C$17,613,000.

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