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Bullboard - Stock Discussion Forum Orecap Invest Corp V.OCI

Alternate Symbol(s):  ORFDF

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... see more

TSXV:OCI - Post Discussion

Orecap Invest Corp > When is spinoff of AEG
View:
Post by wasluckyonce on Feb 17, 2021 11:47am

When is spinoff of AEG

And how many shares do we get...the ratio?
Comment by shelby2 on Feb 17, 2021 12:49pm
i heard same as the power ore spin out, so 16/1 ratio. will happen in march
Comment by paulindoon on Feb 18, 2021 9:02am
Taking another shot at the upcoming AEG share distribution to ORX holders: From ORX NR Jan 28: The Company, as AEG’s largest shareholder, currently holds 10 million of the common shares in the capital of AEG (the “AEG Shares”). Finding current number of ORX outstanding shares is a bit difficult for there seem to be different quantities listed. From https://orefinders.ca/investors/stock ...more  
Comment by paulindoon on Feb 18, 2021 9:05am
It should also be of note  that PORE share distribution was with IPO @ $0.05. AEG IPO is stated @ being @ $0.20.
Comment by watchmeplz on Feb 19, 2021 3:18pm
  In my opinion, lol spinout this spinout that.. check xmet everyone, same same, but different? Ya righttttttt. Securities regulators should be all over this group if they aren't already.   
Comment by Marphine on Feb 20, 2021 8:42am
In march, that's soon already. The AEG ipo might be the catalyst to bring the shares back to above 20ct. A new move of Aris Gold in the Juby project would be cool for us, too (they are now at 272M of "current cash and funding available for growth" and mention the TYR mine specifically in their latest presentation).  https://www.arisgold.com/operations/juby-project/overview ...more  
Comment by bullmetal on Feb 21, 2021 10:36am
ARIS GOLD MANAGEMENT AND BOARD OF DIRECTORS IS VERY SOLID! THANKS FOR THIS
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