Origen Announces Closing of Financing

Origen Resources Inc. has successfully completed its non-brokered private placement financing, raising gross proceeds of $500,000. The offering involved the issuance of 10,000,000 units priced at $0.05 per unit, representing a straightforward equity raise structure for the CSE-listed company.

The financing was initially announced on April 2nd, 2026, indicating a relatively quick execution period of approximately two weeks from announcement to closing. The non-brokered nature of the placement suggests the company was able to secure committed investors without requiring investment banking intermediaries, potentially reducing transaction costs and preserving more capital for operational use.

For a junior resource company trading on the Canadian Securities Exchange, this $500,000 capital injection provides important working capital to advance corporate initiatives and maintain operations. The pricing at $0.05 per unit reflects the current market conditions for junior mining and resource companies, where capital raising often occurs at modest unit prices to attract investor participation.

The successful completion of this financing strengthens Origen's balance sheet and provides the company with financial flexibility to pursue its business objectives. Given the challenging capital markets environment for junior resource companies, the ability to close this financing on schedule demonstrates investor confidence in the company's prospects and management team's execution capabilities.