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OceanaGold Receives Regulatory Approval for IPO and Provides First Quarter 2024 Operating Results for Didipio

Newswire.ca - Mon Apr 15, 6:00AM CDT

VANCOUVER, BC, April 15, 2024 /CNW/ - OceanaGold Corporation (TSX:OGC) (OTCQX:OCANF) ("OceanaGold" or the "Company") is pleased to announce that its wholly owned subsidiary, OceanaGold Philippines, Inc. ("OGPI"), has received preliminary regulatory approvals from the Philippine Securities and Exchange Commission ("SEC") and the Philippine Stock Exchange, Inc. ("PSE") in relation to the initial public offering of 20% of the outstanding common shares of OGPI (the "Offering"). Completion of the Offering remains subject to fulfillment of certain conditions including receipt of the final permit to sell. OGPI holds the Company's interest in the Didipio Mine and pursuant to the terms of the renewed Financial or Technical Assistance Agreement ("FTAA") is required to list its common shares on the PSE. The Offering is expected to be completed in May 2024.

Read more at newswire.ca

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