Orezone Gold Closes $5-million Private Placement

Orezone Gold Corporation (TSX:ORE) announced that it has arranged a C$5M investment into the Company by way of a non-brokered private placement by issuing up to10,000,000 million common shares of the Company at C$0.50/share.  The proceeds of the investment will be used to advance the Bomboré project through the ongoing mine permitting process, detailed engineering, and for general corporate purposes.
The Company expects the mine permitting process to be completed during Q2 2016 and the additional funds will allow for the continuation on projects required in pre-construction preparedness.
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