Member Company Profile

Orvana is a multi-mine gold and copper producer. Orvana’s operating assets consist of the producing gold-copper El Valle mine in northern Spain and Don Mario mine in Bolivia. The Company's consolidated production for 2014 was 84,000 ounces of gold and 21 million pounds of copper.

IR Contact

Joanne Jobin
+1 (647) 964-0292
[email protected]
www.orvana.com

Address

181 University Avenue, Suite 1901
Toronto, ON M5H 3M7
Canada

Cautionary Information

© Copyright 2015, Denver Gold Group & Orvana Minerals Corp..
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Cautionary Statement Regarding Forward Looking Statements, Including Outlook

Certain statements in this information constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, potentials, future events or performance (often, but not always, using words or phrases such as “believes”, “expects”, “plans”, “estimates” or “intends” or stating that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “are projected to” be taken or achieved) are not statements of historical fact, but are forward-looking statements. The forward-looking statements herein relate to, among other things, Orvana’s ability to achieve improvement in free cash flow; the potential to extend the mine life of El Valle Mine and Don Mario Mine beyond their current life-of-mine estimates; Orvana’s ability to optimize its assets to deliver shareholder value; the expected costs associated with the suspension of mining activities at Carlés; Orvana’s ability to optimize productivity at El Valle in 2015; estimates of future production, operating costs and capital expenditures; mineral resource and reserve estimates; statements and information regarding future feasibility studies and their results; future transactions; future metal prices; the ability to achieve additional growth and geographic diversification; future financial performance, including the ability to increase cash flow and profits; future financing requirements; and mine development plans. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Orvana as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The estimates and assumptions of Orvana contained or incorporated by reference in this information, which may prove to be incorrect, include, but are not limited to, the various assumptions set forth herein and in Orvana’s most recently filed Management’s Discussion & Analysis and Annual Information Form in respect of the Company’s most recently completed fiscal year (the “Company Disclosures”) or as otherwise expressly incorporated herein by reference as well as: there being no significant disruptions affecting operations, whether due to labour disruptions, supply disruptions, power disruptions, damage to equipment or otherwise; permitting, development, operations, expansion and acquisitions at El Valle Mine and Don Mario Mine being consistent with Orvana’s current expectations; political developments in any jurisdiction in which Orvana operates being consistent with its current expectations; certain price assumptions for gold, copper and silver; prices for key supplies being approximately consistent with current levels; production and cost of sales forecasts meeting expectations; the accuracy of Orvana’s current mineral reserve and mineral resource estimates; and labour and materials costs increasing on a basis consistent with Orvana’s current expectations. A variety of inherent risks, uncertainties and factors, many of which are beyond the Orvana’s control, affect the operations, performance and results of Orvana and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward-looking statements. Some of these risks, uncertainties and factors include fluctuations in the price of gold, silver and copper; the need to recalculate estimates of resources based on actual production experience; the failure to achieve production estimates; variations in the grade of ore mined; variations in the cost of operations; variations in the costs associated with the suspension of mining at Carlés; the availability of qualified personnel; Orvana’s ability to obtain and maintain all necessary regulatory approvals and licenses; Orvana’s ability to use cyanide in its mining operations; risks generally associated with mineral exploration and development, including Orvana’s ability to continue to operate El Valle Mine and/or the Don Mario Mine; Orvana’s ability to acquire and develop mineral properties and to successfully integrate such acquisitions; Orvana’s ability to obtain financing when required on terms that are acceptable to Orvana; Orvana’s ability to execute on its strategy; challenges to Orvana’s interests in its property and mineral rights; current, pending and proposed legislative or regulatory developments or changes in political, social or economic conditions in the countries in which Orvana operates; general economic conditions worldwide; and the risks identified in the Company’s Disclosures under the heading “Risks and Uncertainties”. This list is not exhaustive of the factors that may affect any of Orvana’s forward-looking statements and reference should also be made to the Company’s Disclosures for a description of additional risk factors. Any forward-looking statements made in this information with respect to the anticipated development and exploration of Orvana’s mineral projects are intended to provide an overview of management’s expectations with respect to certain future activities of Orvana and may not be appropriate for other purposes. Forward-looking statements are based on management’s current plans, estimates, projections, beliefs and opinions and, except as required by law, Orvana does not undertake any obligation to update forward looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change. Readers are cautioned not to put undue reliance on forward-looking statements. The forward-looking statements made in this information are intended to provide an overview of management’s expectations with respect to certain future operating activities of Orvana and may not be appropriate for other purposes.

Orvana Minerals Corp.

Toronto Stock Exchange : ORV

Last Updated: August 28, 2015

Status: Producer
Primary Mineral: Gold
Secondary Mineral: Copper
Primary Country of Operation: Spain
Other Countries of Operation: Bolivia
Value Drivers
  • Multi-mine producer - gold, copper, silver
  • No debt/$72M paid down in two years primarily from operating cash flow
  • 150,000 gold equivalent ounces in 2014
  • Au 2015 production guidance: 70-73,000 oz

Annual Production
Gold, oz per year
GEOs: No

Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: NI 43-101, GEOs: No

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.

Top Shareholders
  • Fabulosa Mines Ltd.
  • n/a
  • n/a
Management
Chairman: Jacques McMullen
CEO: Daniella Dimitrov
CFO: Jeffrey Hillis
Capital Structure
Common Shares Outstanding: 136,623,171
Float (%): 48.00
Warrants Outstanding: 1,470,000
Options Outstanding: 2,253,334
Fully Diluted Shares: 140,346,505
Stock as of Sep 2, 2015 10:54 AM MST | Exchange: Toronto Stock Exchange
Last Trade: Sep 2, 2015 2:22 PM MST Local: CAD Ch. Since Last
Last Price 0.19 -0.01, -5.1282% 0.14
Volume 44.26 K
Avg. Vol. 82.48 K
Bid 0.18 0.19 0.14
Mid 0.19 0.20 0.14
Ask 0.19 0.20 0.14
Open 0.19 0.20 0.14
High 0.20 0.21 0.15
Low 0.19 0.20 0.14
Close 0.20 0.21 0.15
52-Wk High 0.49 0.50 0.37
52-Wk Low 0.15 0.16 0.11
1-Wk High 0.22 0.23 0.16
1-Wk Low 0.18 0.19 0.14
Dividend 0.00 0.00
EPS -0.26 -0.20
Market Cap 25.28 M 25.28 M 19.01 M
Price 1 Wk Ago 0.20 0.21 0.15
Price 1 Mnth Ago 0.21 0.22 0.15
Price 3 Mnth Ago 0.31 0.32 0.23
Price 6 Mnth Ago 0.39 0.40 0.29
Price 1 Yr Ago 0.42 0.43 0.31