Orestone Announces Strategic Shareholder Crescat Capital LLC Participation in Private Placement

Rhea-AI Summary

Orestone Mining (symbol: ORESF) announced that strategic shareholder Crescat Capital LLC will participate as a lead investor in the company's non-brokered private placement announced October 14, 2025.

Crescat will subscribe for 2,910,000 Units for gross proceeds of $232,800 through Crescat Portfolio Management LLC on behalf of five pooled funds, intended to maintain its 11.64% ownership in the company. The private placement has a stated maximum size of up to $2,000,000. Crescat cited recent ground acquisition on the Francisca property and plans for drilling as reasons for continued support.

Positive

• Lead investor committed: Crescat subscribing 2,910,000 Units for $232,800
• Funds available: Private placement up to $2,000,000 to support exploration
• Ownership maintained: Crescat intends to keep 11.64% stake

Negative

• Potential dilution: New units from the offering may dilute existing shareholders
• Small single-investor concentration: Crescat holds a material minority stake (11.64%) which may influence decisions

News Market Reaction

+10.56%

1 alert

+10.56% News Effect

On the day this news was published, ORESF gained 10.56%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R2) (the "Company") further to the company's news release dated October 10^th, 2025, strategic shareholder Crescat Capital LLC ("Crescat") has confirmed their participation in the Company's non-brokered private placement unit financing of up to $2,000,000.

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

Therefore, as a lead order, Crescat will be subscribing for 2,910,000 Units for gross proceeds of $232,800 in order to maintain its current 11.64% ownership in the shares of the Company. Crescat will be subscribing through Crescat Portfolio Management LLC on behalf of its five (5) Pooled Investment Funds.

Kevin Smith, CFA, Founder & CEO 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

Crescat is a global macro asset management firm headquartered in Denver, Colorado, 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 they apply their 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

Orestone Mining Corp. 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. Our near-term objective on the Francisca property, located in Salta, Argentina is to define an oxide gold deposit mineable by open pit methods. The Company's 100 percent owned Captain gold-copper project, located in BC hosts a large gold dominate porphyry system that is permitted and drill ready. The projects are road accessible and suitable for exploration year-round.

To learn more about the company and to stay up to date on corporate developments, go to our website at www.orestone.ca and sign up for our investor email updates or email us at info@orestone.ca.

ON BEHALF OF ORESTONE MINING CORP.

David Hottman

CEO

For further information contact: David Hottman at 604-629-1929 ♦ info@orestone.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. This news release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270292

FAQ

What is Crescat Capital's commitment to Orestone (symbol ORESF) announced October 14, 2025?

Crescat will subscribe for 2,910,000 Units for gross proceeds of $232,800 to maintain its 11.64% ownership.

How large is Orestone's private placement (ORESF) mentioned on October 14, 2025?

The company announced a non-brokered private placement of up to $2,000,000.

Why is Crescat investing further in Orestone (ORESF)?

Crescat said it reviewed prospects after initial investment and supported further funding due to new ground acquired on the Francisca property and planned drilling.

How will Crescat subscribe to Orestone's private placement (ORESF)?

Crescat will subscribe through Crescat Portfolio Management LLC on behalf of five pooled investment funds.

Does Crescat's participation change its percentage ownership in Orestone (ORESF)?

Crescat's lead order is intended to maintain its current 11.64% ownership in the company.

What is the immediate use of proceeds from Orestone's private placement (ORESF)?

The announcement links the funding to advancing exploration, citing newly acquired ground on the Francisca property and planned drilling.