Omai Gold Mines Corp. announces that, pursuant to its management transition, it has granted 1,650,000 incentive stock options to a new officer, employee and consultants. The incentive stock options have an exercise price of $0.13 per share for a five-year term expiring September 3, 2026. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this [...]
Omai Gold Mines Corp. announces that John Ross has been appointed as Chief Financial Officer and Corporate Secretary, replacing Harvey Mackenzie, effective immediately. Mr. Ross is a Chartered Accountant with over 30 years of experience in the financial management of publicly-listed exploration and mining companies. He holds a Master of Business Administration from the University of Western Ontario. The Company would like [...]
Omai Gold Mines Corp. announces that Mario Stifano has resigned from his roles as President, Chief Executive Officer and Director, effective immediately, in order to pursue other opportunities. We are pleased to announce that Elaine Ellingham, a Director of Omai, has agreed to step in as interim CEO until a permanent CEO has been identified and appointed, and a search process has commenced. Ms. Ellingham is a seasoned [...]
Omai Gold Mines Corp. is pleased to report results of its ongoing 5,000-meter drill program focused on extending mineralization at Wenot below the historical pit and into the sedimentary package south of the pit. Recent grades and widths from drilling and sampling of core that encountered multiple mineralized zones in basalts and sedimentary rocks support the extension of Wenot both below the pit and to the south. A plan [...]
Omai Gold Mines Corp. is pleased to announce that further to its press releases dated June 2, 2021 and June 8, 2021, the Company has closed its non-brokered private placement with a lead order from Silvercorp Metals Inc. . The Company issued 29,411,757 units at a price of C$0.17 per Unit for aggregate gross proceeds of C$4,999,999. Each Unit consists of one common share and one-half of a common share purchase warrant. Two [...]
Omai Gold Mines Corp. is pleased to announce that due to strong investor demand, it has increased its previously announced non-brokered private placement offering from aggregate gross proceeds of up to C$3,000,000, to aggregate gross proceeds of C$5,000,000 through the issuance of units of the Company at a price of C$0.17 per Unit. Each Unit consists of one common share and one-half of a common share purchase warrant. Two [...]
Omai Gold Mines Corp. is pleased to announce a non-brokered private placement offering for aggregate gross proceeds of up to C$3,000,000 through the issuance of units of the Company at a price of C$0.17 per Unit. Each Unit will consist of one common share and one-half of a common share purchase warrant. Two such half warrants constitute a full warrant . Each Warrant entitles the holder to acquire one Common Share at an [...]
Omai Gold Mines Corp. announces the filing of its audited consolidated financial statements for the year ended December 31, 2020 . Both the financial statements and the related management's discussion and analysis have been filed on SEDAR and can be viewed under the Company's profile at www.sedar.com. Mario Stifano, Chief Executive Officer and a director of Omai, commented: "Omai has filed its first post-RTO audited [...]
Omai Gold Mines Corp. is pleased to announce that results from the first two holes of diamond core drilling at the Omai Project confirm that high-grade mineralization continues below the historically-producing Wenot Pit. The 5,000-meter drill program is focused on expanding the open-pit potential of the Wenot Pit that produced 1.8 million ounces of gold at 1.6 grams per tonne to a depth of 190 meters. Highlights of the [...]
Omai Gold Mines Corp. is pleased to announce the appointment of Elaine Ellingham to its Board of Directors, effective immediately. Ms. Ellingham has over 35 years of experience in mineral exploration, corporate development and investor relations for mining companies. She is Principal of Ellingham Consulting Ltd., an independent consulting firm providing geological and advisory services. She is a Director of Alamos Gold [...]
Omai Gold Mines Corp. is pleased to announce that the first phase of diamond core drilling at the Omai Project has commenced. The 5,000-meter drill program will focus on expanding the open-pit potential of the historical past-producing Wenot Pit. Wenot was not fully tested due to a low gold price environment, but previous drilling demonstrates the potential for similar grades and thicknesses of gold extending below the [...]
Omai Gold Mines Corp. is pleased to announce the results from a program of logging and sampling of 6,000 meters of unassayed core from a 2012 drilling program that had been preserved by the Guyana Geology & Mines Commission . As announced on December 15, 2020, assays from the first two of these holes, 12WED11 and 12WED13, indicate that high-grade mineralization extends below the Wenot Pit with additional expansion [...]
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