VANCOUVER, BC, April 25, 2024 /CNW/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") announces that it will raise ₱6.08B (approximately US$106M1) through an Initial Public Offering ("the Offering") of 20% of the common shares of its wholly-owned subsidiary, OceanaGold Philippines, Inc. ("OGPI") on the Philippines Stock Exchange ("PSE"). 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 a secondary offering of common shares, with the proceeds to be received by a wholly-owned subsidiary of OceanaGold.
Read more at newswire.caOceanaGold Announces IPO Pricing For 20% Interest in OGPI
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