Brief: Oronova Energy to acquire high-grade Cameron Gold Project in Northwestern Ontario

Seva Mining

20/11/2025 12:23

Nov 20 (Reuters) - Oronova Energy Inc ONVh.V:

ORONOVA ENERGY INC. TO ACQUIRE HIGH-GRADE CAMERON GOLD PROJECT IN NORTHWESTERN ONTARIO, ANNOUNCES $15 MILLION NON-BROKERED PRIVATE PLACEMENT

ORONOVA ENERGY INC - WILL COMPLETE TRANSACTION THROUGH PURCHASE OF WHOLLY-OWNED SUBSIDIARY OF FMGC FOR TOTAL CONSIDERATION OF $27 MILLION

ORONOVA ENERGY INC - COMPANY WILL BE RENAMED SEVA MINING CORP AND FIRST MINING GOLD CORP WILL BE ITS LARGEST SHAREHOLDER

ORONOVA ENERGY INC - WILL ISSUE A TOTAL OF 2.8 MILLION SHARES IN CAPITAL OF CO AS ADMINISTRATION FEE TO CERTAIN PARTIES

ORONOVA ENERGY INC - PROCEEDS OF PRIVATE PRACEMENT TO BE USED TO FUND EXPLORATION AND ADVANCEMENT OF CAMERON GOLD PROJECT

Source text: nCNW55qL5a

Further company coverage: [ONVh.V]

 ((Reuters.Briefs@thomsonreuters.com;))