OceanaGold Announces Effective Date of Share Consolidation in Connection with Proposed U.S. Listing
www.oceanagold.com
1
June 19, 2025 News Release
OceanaGold Announces Effective Date of Share Consolidation in
Connection with Proposed U.S. Listing
(VANCOUVER, BC ) OceanaGold Corporation (TSX : OGC, OTCQX: OCANF ) (“OceanaGold” or the
“Company”) announces the consolidation of its common shares on the basis of three (3) pre-consolidation
common shares f or one (1) post -consolidation common share (the “Consolidation”) will take effect as of
Monday, June 23, 2025 (the “Effective Date”).
The shareholders of OceanaGold approved the Consolidation at the Annual General and Special Meeting
held on June 4, 2025.
The Company is considering a dual listing of its common shares on a major U.S. exchange, including the
New York Stock Exchange, in the first half of 2026. The Company believes a U.S. listing could lead to
increased interest by a wider audience of potential investors and result in in creased marketability and
trading liquidity. The motivation of the Consolidation is to raise the per share trading price of the Company’s
common shares to better comply with minimum trading price requirements of such exchanges.
OceanaGold’s post-consolidation common shares will be posted for trading on the Toronto Stock Exchange
at the opening of trading on the Effective Date, under the current symbol “OGC” and new CUSIP number
675222400.
As at the date of this news release, the Company has 693,379,818 common shares issued and outstanding.
Following the completion of the Consolidation on the Effective Date, the Company is expected to have
approximately 231,126,566 common shares issued and outstanding, subject to rounding . The exercise or
conversion price of all performance rights and deferred share units will be proportionately adjusted reflecting
the Consolidation ratio. No fractional post -consolidation common shares will be issued in effect with the
Consolidation. Any fractional common share interest of 0.50 or more arising from the Consolidation will be
rounded up to the nearest whole number, and any fractional common share interest of less than 0.50 will
be cancelled.
www.oceanagold.com
2
Registered shareholders holding pre-Consolidation common shares through the Direct Registration System
(“DRS”) will be automatically sent a DRS advice by the Company’s transfer agent, Computershare Investor
Services Inc. (“Computershare”), representing the number of post-Consolidation common shares they hold
following the Consolidation and no further action is required to be taken . Beneficial shareholders holding
their common shares through intermediaries such as a broker, trustee or other financial institution should
note that such intermediaries may have different procedures for processing the Consolidation than those
put in place by the Company for the registered shareholders. Beneficial shareholders who have questions
regarding how their common shares will be processed in connection with the Consolidation should contact
their intermediaries. Registered shareholders holding their pre-Consolidation common shares in certificate
forms will receive a letter of trans mittal from Computershare containing instructions on how to exchange
their pre-consolidation share certificates for post-Consolidation shares.
About OceanaGold
OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly
maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our
shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of
America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.
For further information please contact:
Investor Relations:
Haley Mayers, VP, Investor Relations
Tel: +1 604-678-4097
Valerie Burns, Manager, Investor Relations
Tel: +1 604-235-0742
Media Relations:
Louise Burgess, Director, Communications
Tel: +1 604-403-2019
www.oceanagold.com
3
Cautionary Statement for Public Release
This press release contains certain "forward -looking statements" and "forward -looking information"
(collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws which
may include, but is not limited to, statements with respect to the Company being listed on a major U.S.
exchange, including such dual listing leading to increased interest by a wider audience of potential
investors, increased marketability and trading liquidity and the expected timing for s uch listing, and the
anticipated Effective Date and effects of the completion of the Consolidation. Forward-looking statements
and information relate to future performance and ref lect the Company’s expectations regarding the
generation of Free Cash Flow, execution of business strategy, future growth, future production, estimated
costs, results of operations, business prospects and opportunities of OceanaGold and its related
subsidiaries. Any statements that express or involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always,
using words or phrases such as "expects" or "d oes not expect", "is expected", "anticipates" or "does not
anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved) are not statements of h istorical fact and may be
forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties
which could cause actual events or results to differ materially from those expressed in the forward -looking
statements. They include, among others, those risk factors identified in the Company’s most recent Annual
Information Form prepared and filed with securities regulators which is available on SEDAR+ at
www.sedarplus.com under the Company’s name and on the Company’s website. There are no assurances
the Company can fulfil forward -looking statements. Such forward-looking statements are only predictions
based on current information available to management as of the date that such predictions are made; actual
events or results may differ materially as a result of risks facing the Company, some of which are beyond
the Company's control. Although the Company believes that any forward -looking statements contained in
this press release is based on reasonable assumptions, readers can not be assured that actual outcomes
or results will be consistent with such statements. Accordingly, readers should not place undue reliance on
forward-looking statements . The Company expressly disclaims any intention or obligation to update or
revise any forward-looking statements and information, whether as a result of new information, events or
otherwise, except as required by applicable securities laws.