Ongwe Minerals plans non-brokered private placement of up to 2,173,913 shares at $1.38 each for about $3 million

  • Ongwe Minerals announced a non-brokered private placement of up to 2,173,913 common shares at CAD 1.38 each for about CAD 3 million.
  • The placement is scheduled to close around June 25, 2026, independent of a separate CAD 10 million LIFE offering.
  • Proceeds are earmarked for exploration work focused on its Namibian properties, working capital, and general corporate purposes.
  • Shares issued in the private placement will be subject to a statutory hold period ending four months and one day after closing.


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