09:34:45 EDT Wed 15 Oct 2025
Enter Symbol
or Name
USA
CA



Orestone Mining Corp (3)
Symbol ORS
Shares Issued 78,993,563
Close 2025-10-14 C$ 0.08
Market Cap C$ 6,319,485
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Orestone holder Crescat to subscribe for 2.91M units

2025-10-14 20:51 ET - News Release

Mr. David Hottman reports

ORESTONE ANNOUNCES STRATEGIC SHAREHOLDER CRESCAT CAPITAL LLC PARTICIPATION IN PRIVATE PLACEMENT

Further to Orestone Mining Corp.'s news release dated Oct. 10, 2025, strategic shareholder Crescat Capital LLC has confirmed its participation in the company's non-brokered private placement unit financing of up to $2-million.

Following Crescat's initial investment in Orestone, Crescat reviewed the prospects for advancement of Orestone's exploration projects and concluded, under its corporate investment mandate, that further support was merited.

Therefore, as a lead order, Crescat will be subscribing for 2.91 million units for gross proceeds of $232,800 in order to maintain its current 11.64-per-cent ownership in the shares of the company. Crescat will be subscribing through Crescat Portfolio Management LLC on behalf of its five pooled investment funds.

Kevin Smith, CFA, founder and chief executive officer of Crescat, stated, "We are happy to see the new ground acquired on the Francisca property and eager to see it drilled in the near future."

About Crescat Capital LLC

Crescat is a global macro asset management firm headquartered in Denver, Colo., which deploys tactical investment themes based on proprietary value-driven equity and macro models. Crescat's investment goals are to provide industry-leading absolute and risk-adjusted returns over complete business cycles with low correlation to common benchmarks, and Crescat applies its investment process across a mix of asset classes and strategies. Crescat has been accumulating activist stakes in a portfolio of companies in the metals exploration and mining industry as a long-term strategic macro theme.

About Orestone Mining Corp.

Orestone is a Canadian-based company with an internationally experienced management team. The board of directors and management team have experience in all aspects of the mining business, having been involved in numerous corporate- and project-level successes. Orestone's property portfolio includes exposure to gold, silver and copper on projects located in Canada and Argentina. The company's near-term objective on the Francisca property, located in Salta, Argentina, is to define an oxide gold deposit minable by open-pit methods. The company's 100-per-cent-owned Captain gold-copper project, located in British Columbia, hosts a large gold dominate porphyry system that is permitted and drill ready. The projects are road accessible and suitable for exploration year-round.

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