OTC : GQMLF

Ongwe Minerals Inc.

$0.48 USD

$0.24 (100.0%)

Volume
625
Average Volume
8.88K
Market Capitalization
$5.6M
P/E Ratio
-1.54
Dividend Yield
0.00%
Price Target
Year High
$0.48
Year Low
$0.01
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$1.72
Source Headline
Ongwe Minerals Announces Upsize of Life Offering and Concurrent Private Placement

Vancouver, British Columbia--(Newsfile Corp. - June 12, 2026) - Ongwe Minerals Inc. (TSXV: OGW) ("Ongwe Minerals" or the "Company") is pleased to announce that it will upsize its previously announced "best efforts" private placement. Under the amended terms, the Company will issue up to 11,160,000 common shares in the capital of the Company (each, a "Common Share") at a price of $1.38 per Common Share for aggregate gross proceeds to the Company of up to $15,400,800 (the "LIFE Offering").

newsfilecorp.com - 2026-06-12 15:50:00

Ongwe Minerals Announces $10 Million Life Offering and Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - June 11, 2026) - Ongwe Minerals Inc. (TSXV: OGW) ("Ongwe Minerals" or the "Company") is pleased to announce that it has entered into an agreement with Beacon Securities Limited to act as sole bookrunner and together with Research Capital Corporation as co-lead agents (the "Co-Lead Agents"), on behalf of a syndicate of agents to be formed (together with the Co-Lead Agents, the "Agents"), in connection with a "best efforts" private placement of 7,247,000 common shares in the capital of the Company (each, a "Common Share") at a price of $1.38 per Common Share (the "Issue Price") for aggregate gross proceeds to the Company of $10,000,860 (the "LIFEOffering"). The Common Shares will be issued pursuant to the Listed Issuer Financing Exemption (as defined below).

newsfilecorp.com - 2026-06-11 17:57:00

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