Feb 27 (Reuters) - OceanaGold Corp (OGC) :
- ENTERED A FORWARD GOLD SALE ARRANGEMENT WITH SUPPORT OF MEMBERS OF CO'S CURRENT BANKING GROUP
- WILL RECEIVE A PRE-PAYMENT OF $78.5 MILLION IN EXCHANGE FOR DELIVERING 48,000 GOLD OUNCES BETWEEN SEPTEMBER AND DECEMBER 2020
- SOLD 39.9 MILLION COMMON SHARES PREVIOUSLY HELD IN GOLD STANDARD VENTURES CORP
- FOLLOWING SALE, CO INDIRECTLY OWNS 0.2% STAKE IN GSV
- SOLD COMMON SHARES HELD IN GOLD STANDARD VENTURES CORP FOR AGGREGATE GROSS PROCEEDS OF ABOUT C$32.7 MILLION
- EXPECT ANNUAL GOLD PRODUCTION TO BE STRONGER IN SECOND HALF OF YEAR
- IN H2, EXPECT TWO-THIRDS OF GOLD OUTPUT FROM HAILE OPERATION
Source text https://www.asx.com.au/asxpdf/20200227/pdf/44fk6p1m4nm493.pdf
