OGCIFOCEANAGOLD (PHILIPPINES) INC.

About OCEANAGOLD (PHILIPPINES) INC. (OGCIF)

OCEANAGOLD (PHILIPPINES) INC. (OGCIF) is a N/A company headquartered in Vancouver, BC, Canada whose shares trade over-the-counter on the Pink tier.

OceanaGold (Philippines), Inc. (OGP) is a producer of gold and copper in the Philippines, and is a subsidiary of OceanaGold Corporation, a multinational gold mining and exploration company that has been listed on the Toronto Stock Exchange since June 27, 2007. OGP operates the Didipio gold and copper mine located in the northern Luzon region of the Philippines. The Didipio Mine is operated by OGP under a Financial or Technical Assistance Agreement (FTAA) with the Government, which grants the Company title, exploration, and mining rights within a fixed fiscal regime. The FTAA was executed in 1994 and was renewed on July 14, 2021, for an additional 25-year period commencing on June 19, 2019. Pursuant to the FTAA, the Government and the Company share in the net revenue arising from the operations of the Didipio mine on a 60-40 basis. Hence, the Government receives 60% of the net revenue (less costs, taxes, duties, fees, and other expenses paid or accrued by the Company) while the Company takes the remaining 40%. The mining operations at the Didipio Mine currently consist of sourcing ore from the underground mine and from its surface ore stockpile. The ore is then processed through the Company's processing plant, which operates at approximately 4.1 Mtpa producing both gold dore and copper concentrate.

OGCIF key facts

Ticker symbol

OGCIF

Market tier

Pink

Headquarters

Vancouver, BC, Canada

Shares outstanding

2,280,000,000

Reporting standard

International Reporting: Philippine Stock Exchange

Audit status

Audited

Fiscal year end

12/31

Explore more: Pink stocks · OTC stocks starting with O