Oceanagold Announces Partial Exercise of over-Allotment Option Raising Additional Gross Proceeds of C$17.6 Million
MEDIA RELEASE
23 October 2020
OCEANAGOLD ANNOUNCES PARTIAL EXERCISE OF OVER-ALLOTMENT OPTION
RAISING ADDITIONAL GROSS PROCEEDS OF C$17.6 MILLION
(BRISBANE) OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the “Company”) announces that the
underwriters for its previously completed bought deal equity financing (the “Offering”) have partially exercised
and concluded the over-allotment option and today purchased a further 8,550,000 common shares at a price
of C$2.06 per common share for further aggregate gross proceeds of C$17,613,000.
The Offering was co -led by Scotiabank and BMO Capital Markets. and included Citigroup Global Markets
Canada Inc., Raymond James Ltd., National Bank Financial Inc., Cormark Securities Inc., Stifel GMP,
Canaccord Genuity Corp. and CIBC World Markets Inc.
The Company intends to allocate the net proceeds from the partial exercise of the over -allotment option to
fund its organic growth projects including the Haile underground development, ongoin g exploration and
development of the Company's mineral properties in New Zealand, as well as for working capital and for
general corporate purposes.
- ENDS –
Authorised for release to market by Acting EVP, General Counsel & Company Secretary, Chris Hansen.
For further information please contact:
Investor Relations Media Relations
Sam Pazuki
Tel: +1 720 602 4880
Melissa Bowerman
Tel: +61 407 783 270
www.oceanagold.com | Twitter: @OceanaGold
About OceanaGold
2
OceanaGold Corporation is a mid -tier, high -margin, multinational gold producer with assets located in the
Philippines, New Zealand and the United States. On the North Island of New Zealand, the Company operates
the high-grade Waihi Gold Mine while on the South Island of New Zealand, the Company operates the largest
gold mine in the country at the Macraes Goldfield which is made up of a series of open pit mines and the
Frasers underground mine. In the United States, the Company operates the Haile Gold Mine, a top -tier, long-
life, high-margin asset located in South Carolina. The Company’s assets also encompass the Didipio Gold -
Copper Mine located on the island of Luzon in the Phil ippines. OceanaGold also has a significant pipeline of
organic growth and exploration opportunities in the Americas and Asia-Pacific regions.
OceanaGold has operated sustainably since 1990 with a proven track -record for environmental management
and commun ity and social engagement. The Company has a strong social license to operate and works
collaboratively with its valued stakeholders to identify and invest in social programs that are designed to build
capacity and not dependency.