Origen Closes First Tranche of Flow-Through Financing
488 – 625 Howe St.
Vancouver, BC
V6C 2T6, Canada
604-681-0221
www.origenresources.com
Origen Closes First Tranche of Flow-Through Financing
Vancouver, BC, July 29, 2022. Origen Resources Inc. (the “Company” or “Origen”) (CSE:ORGN ; FSE:4VXA) is
pleased to announce it has closed the first tranche of the flow through private placement announced on July
21, 2022. The Company is in receipt of $480,000 for 1,600,000 flow through Units at $0.30 per Unit. Each Unit
consists of one flow-through share plus one half of one share purchase warrant with each full warrant being
exercisable for a two year period at $0.50. The Company anticipates that the final tranche of the placement
will be closed in the coming days.
The securities issued und er the financing have a hold period of four months and one day from closing. The
proceeds from the financing will be used to incur eligible Canadian exploration expenses that will qualify as
“flow-through mining expenditures” as such terms are defined in the Income Tax Act (Canada).
About Origen
Origen is an exploration company engaged in generating, acquiring and advancing base, precious metal, and
lithium properties. The Company currently holds a property portfolio of four 100% owned precious and base
metal projects in southern British Columbia, a 100% interest in the 26,771 ha LGM project in the mineral rich
Golden Triangle of British Columbia, a 100% interest in both the Middle Ridge gold project and 20 lithium
prospects in Newfoundland, and a 100% interest in the Los Sapitos Lithium project in Argentina.
On behalf of Origen,
Blake Morgan
President
For further information, please contact Blake Morgan, President at 236-878-4938 or Gary Schellenberg, CEO at
604-681-0221.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references
to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks
associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks
that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward- looking information.
Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward -
looking information, whether as a result of new information, future events or otherwise.