Opus One Resources Provides Update ON Private Placement.
4710 Saint-Ambroise Street, Suite 308
Montreal, Quebec, H4C 2C7
Tel: (514) 591-3988
NEWS RELEASE
February 19, 2020 Trading Symbol: TSX-V: OOR
OPUS ONE RESOURCES PROVIDES UPDATE ON PRIVATE
PLACEMENT.
MONTREAL, QC - OPUS ONE Resources Inc. (the “Company” or “OPUS ONE”) –
(TSX Venture Exchange: OOR), is pleased to provide an update following the first
closing of its current private placement (the “Offering”) for gros s proceeds of $460,000
(see the Company’s press releases dated December 31, 2019 and January 21, 2020 for
more details on the Offering). The Company expects to proceed with the closing of the
second tranche shortly of up to 10,000,000 Units at a price of $ 0.05 per Unit for gross
proceeds up to $500,000 and 640,000 Flow -Through Shares for total gross proceeds up
to $40,000.
About Opus One Resources Inc.
Opus One Resources Inc. is a mining exploration company focused on discovering high
quality gold and base metals deposits within strategically located properties in proven
mining camps, close to existing mines in the Abitibi Greenstone Belt, north -western
Quebec and north -eastern Ontario - one of the most prolific gold mining areas in the
world. Opus One holds assets in Val d'Or, Matagami and Chibougamau areas. Opus
controls a 100% interest in the following projects:
• Bachelor Extension property is adjacent to Bonterra Resources Inc. - Bachelor
Gold Mine;
• Vezza Extension and Vezza North are located few kilometers West and North of
Nottaway Resources’ Vezza Mine;
• Courvillle property is located east of Val D’Or;
• Fecteau property (option to earn 100%), located i n the Urban -Barry greenstone
belt, east of Osisko Mining’s Windfall Lake deposit, currently one of the most
active exploration area in Canada.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in policies of th e TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
For more information, please contact:
Louis Morin, CEO & Director
T (514) 591-3988
Michael W. Kinley, CPA, CA
President, CFO & Director
T (902) 826-1579
F (902) 826-2550
C (902) 402-0388
Visit Opus One’s website: www.OpusOneResources.com