March 2023

  • As announced in the December press release, the IPO process has commenced and is now well underway. At this stage, three months into the process, the various key parties have been engaged (corporate advisors, sponsor, underwriters, lawyers, auditors and bankers) and due diligence completed. The next step is for the draft prospectus to be prepared and filed with SGX ST, with concurrent MAS review. This part of the process will be completed during the next few months.
  • During the first quarter, the Company is pleased to announce that it has provisionally acquired an additional reserve of 774 hectares of mineral and placer properties.
  • Omega is delighted to announce that it has acquired a controlling interest in a boutique mining operation on a 600-hectare, high-yield gold-bearing channel. This is a fully functional, operating open pit mine in the close vicinity of existing Omega properties. The mine is complete with machinery and processing plant and is in operation, extracting gold.
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