Osino Resources Cashed Up ($14M) to Advance Its Gold Discovery (Heye Daun & Dave Underwood)
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Osino Resources just closed a large C$14 million financing. The company is now fully-funded for at least two years of significant drilling to expand the company’s Twin Hills’ gold discovery and explore other targets within their land package. In this episode, Vice President of Exploration Dave Underwood provides an update on Osino’s Twin Hills discovery and CEO Heye Daun provides a corporate update. Dave Underwood: 0:15 Introduction 1:28 Reviewing Osino’s best drill results to date 3:02 Pending assays still out 3:42 Feedback from geologists regarding discovery 4:08 Exploration plans for 2020 6:24 Comparing Twin Hills discovery to nearby Otjikoto Mine 8:01 Comparing Twin Hills to Gruyere Gold Mine Heye Daun: 10:47 Reviewing the C$14M financing just closed 13:48 Who participated in the financing? 15:09 Treasury, burn rate and 2020-2021 drilling 16:53 In-the-money warrants an additional funding source 18:28 JV partner still a possibility? 20:30 Feedback from key shareholders 22:09 Final thoughts OsinoResources.com TSXV:OSI - OTC:OSIIF - FSE:R2R1 Osino’s January 2020 Presentation: http://osinoresources.com/wp-content/uploads/2020/01/2020_01-January-2020-Osino-Investor-Presentation-FINAL.pdf Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Osino Resources is a sponsor of Mining Stock Education. Osino’s forward-looking statement found in the company’s presentation applies to the content of this podcast. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.