TORONTO, May 4, 2021 /CNW/ - Orefinders Resources
Inc. ("Orefinders" or the "Company") (TSXV: ORX) is pleased to
announce that it has closed the private placement portion of the
transaction announced with Kirkland Lake Gold Inc. ("KL Gold") in
the Company's news release of April 21,
2021.
Private Placement Financing
Orefinders issued KL Gold
24.4M common shares at $0.10 per share for gross proceeds of
C$2,440,000. There were no
finders fees paid in connection to this financing.
About Orefinders Resources Inc.
Orefinders is a Gold
exploration and development company focused exclusively within the
Abitibi Greenstone Belt. The Company is listed on the Toronto
Venture Exchange under the symbol ORX.
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this
release. Certain information in this press release may contain
forward-looking statements. This information is based on current
expectations that are subject to significant risks and
uncertainties that are difficult to predict. Actual results might
differ materially from results suggested in any forward-looking
statements. Orefinders assumes no obligation to update the
forward-looking statements or to update the reasons why actual
results could differ from those reflected in the forward
looking-statements unless and until required by securities laws
applicable to Orefinders. Additional information identifying risks
and uncertainties is contained in filings by Orefinders with
Canadian securities regulators, which filings are available under
Orefinders' profile at www.sedar.com.
SOURCE Orefinders Resources Inc.