Osino Resources Corp. Commences Trading on TSX Venture Exchange
28.06.2018 | vom Unternehmen
Vancouver, June 28, 2018 – Osino Resources Corp. (formerly Romulus Resources Ltd.) (TSXV: OSI) (the "Company”), is pleased to announce the commencement of trading of its common shares on the TSX Venture Exchange (the "Exchange") effective as at market open today, under the symbol "OSI".Osino Resources is a Canadian gold exploration company with assets in Namibia, created by the co-founders of Auryx Gold Corp. which was sold to B2 Gold Corp. after advancing the Otjikoto Gold Project in Namibia.
Osino Resources is proud to count respected resource company entrepreneur, Ross Beaty; RCF Opportunities Fund L.P., part of the Denver based private equity firm, Resource Capital Funds; and Pat DiCapo, principal of the successful Toronto based merchant bank, The PowerOne Group, as the Company’s major investors.
Listing on the Exchangewas achieved via the reverse take-over of Romulus Resources Ltd. (the "Transaction").
Heye Daun, CEO, comments, "After the successful sale of Auryx Gold and its Otjikoto Project to B2 Gold in 2012, we have been meticulously accumulating a large and prospective portfolio of gold exploration licenses in Namibia. We have been fortunate enough to be working in Namibia for more than 2 decades already. We have created very significant shareholder valueover the years through various companies operating in Namibia, andwe intend on continuing that track record of success as we advance exploration on our sizeable 5,700km2 ground holding".
Additional information regarding the Transaction and the Company may be found under the Company's profile on the SEDAR website at www.sedar.com.
About Osino Resources Corp.
Osino is a Canadian company, focused on the acquisition and development of gold projects in Namibia. Through subsidiaries, Osino’s Namibian interests comprise eighteen exclusive exploration licenses located with in the central zone of Namibia’s prospective Damara belt, mostly in proximity to and along strike of the producing Navachab and Otjikoto Gold Mines. Osino is currently focussing its efforts on developing our Karibib Gold Project and defining new exploration targets in the Otjikoto East area and on our other licenses.
The Karibib Gold Project includes the Goldkuppe discovery. The property has been actively explored by previous owners, with RC and DD drilling, geophysical surveys, rock, soil and stream geochemistry, detailed geological mapping and historical data compilation undertaken on the property. Osino has further explored the property since its acquisition in February 2016 from Helio Resources Corp. No resource hasyet been defined on the property. A National Instrument 43-101 compliant technical report has been prepared for Romulus and Osino with respect to the Karibib Gold Project in connection with the RTO and s available under Romulus' profile at www.sedar.com. Osino also holds a portfolio of other gold exploration properties in Namibia.
The Karibib Gold Project is located approximately 130 km north-west of Namibia’s capital city, Windhoek. By virtue of its location, the Project benefits significantly from Namibia’s well established
infrastructure with paved highways, railway, power and water in close proximity. Namibia is mining-friendly and lauded as one of the continent’s most politically and socially stable jurisdictions. Osino continues to evaluate new ground with a view to expanding its Namibian portfolio.
CONTACT INFORMATION
Osino Resources Corp.
Heye Daun, CEO
Tel: +27 21418 25 2