Ongwe Minerals plans non-brokered private placement of up to 3,333,333 shares at $1.38 each for about $4.6 million

  • Ongwe Minerals upsized a non-brokered private placement of up to 3,333,333 common shares at CAD 1.38 each, targeting about CAD 4.6 million.
  • The financing is set to close around June 25, 2026, alongside a separate upsized listed issuer financing exempt offering that is not a closing condition.
  • Net proceeds are earmarked for exploration work focused on its Namibian properties, working capital, general corporate purposes.
  • Private placement shares will face a statutory hold period ending four months and one day after closing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ongwe Minerals Inc. published the original content used to generate this news brief on June 12, 2026, and is solely responsible for the information contained therein.