OGX 0.00% 0.4¢ orinoco gold limited

News: Orinoco Gold finalising comprehensive funding package

  1. Orinoco Gold (ASX:OGX) has been granted an ASX trading halt in relation to a comprehensive funding package in the coming days.

    The halt will last until the earlier of the announcement being made or the start of trade on Thursday, 12th February 2015.

    In its December Quarterly 2014 report, the company noted that excellent progress has been made on finalising project finance for its Cascavel Gold Project in Brazil.

    The development strategy is based on independently establishing an initial 40,000 tonne per annum gravity circuit.


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