OceanaGold to list on the New York Stock Exchange on April 7, 2026
MWN-AI** Summary
OceanaGold Corporation, a notable player in the gold and copper production industry, is set to make a significant move by listing its shares on the New York Stock Exchange (NYSE) on April 7, 2026, under the ticker symbol "OGC." This strategic listing is anticipated to enhance the company's visibility and accessibility to investors, particularly in the U.S. market, while concurrently improving trading liquidity. Following this transition, shares will no longer be quoted on the U.S. OTC markets but will continue to trade on the Toronto Stock Exchange (TSX).
Gerard Bond, President and CEO of OceanaGold, emphasized the NYSE listing as a key milestone for the company. He highlighted the importance of the Haile Gold Mine in South Carolina, which is expected to contribute approximately 45% of the company’s gold production in 2026, driving future growth. The listing showcases OceanaGold's robust operational performance, enhancing its capacity to attract a wider investor base and ultimately create value for shareholders.
The company operates a diverse portfolio of four mines, including its flagship Haile Gold Mine in the U.S., Macraes and Waihi operations in New Zealand, and the Didipio Mine in the Philippines. OceanaGold’s commitment to responsibly maximizing free cash flow and delivering strong returns remains at the forefront of its business strategy.
As part of the listing event, executives from OceanaGold will participate in the NYSE Opening Bell ceremony, symbolizing a new chapter in the company's growth trajectory. This move aligns with the company's aspirations to leverage its production capabilities and geographic reach, appealing to a broader spectrum of investors in the competitive mining sector.
MWN-AI** Analysis
As OceanaGold prepares for its listing on the New York Stock Exchange (NYSE) on April 7, 2026, investors should consider several key factors that could impact the stock's performance both immediately and in the longer term.
Firstly, the NYSE listing is expected to enhance liquidity and broaden OceanaGold's investor base, which could lead to increased demand for shares. This move is strategically timed, given that nearly 45% of the company's 2026 gold production will come from the Haile Gold Mine in South Carolina, a key asset that underlines its operational strength in the U.S. market. Investors should monitor production updates from Haile, as continued strong performance here could bolster investor confidence and positively influence stock prices.
OceanaGold has also demonstrated solid financial performance recently, which is a positive indicator. The company’s ability to convert operational success into free cash flow is crucial for sustainable growth and dividend payments. A focus on shareholder value creation, as articulated by CEO Gerard Bond, suggests that the company is committed to returning profits to investors, making it more attractive to potential shareholders.
However, prospective investors should consider inherent risks within the mining industry. These include fluctuating gold prices, operational challenges, regulatory changes, and geopolitical risks associated with its operations in different countries. It's essential to keep an eye on gold market trends, as any significant downturn could impact revenue and profitability.
In summary, while the upcoming NYSE listing presents an exciting opportunity for OceanaGold, investors should carefully evaluate market conditions, production forecasts, and the company’s operational efficiencies. As always, ensure diversification in your portfolio to mitigate risks associated with individual stocks.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Canada NewsWire
VANCOUVER, BC , March 31, 2026 /CNW/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") is pleased to announce that the New York Stock Exchange ("NYSE") has approved the application to list its common shares. OceanaGold expects that the common shares will commence trading on the NYSE at market open on Tuesday, April 7, 2026 under the ticker symbol "OGC". Following the NYSE listing, quotation on the U.S. OTC Markets will be discontinued. The Company's common shares will continue to trade in Canadian dollars on the Toronto Stock Exchange ("TSX") under the same ticker symbol, "OGC". Shareholders are not required to take any action.
OceanaGold representatives will participate in the Opening Bell ceremony on the trading floor of the NYSE on Tuesday, April 7, 2026. A video of the bell-ringing ceremony will be available on the NYSE website at https://www.nyse.com/bell and the replay will be available on the Company's website.
Gerard Bond, President and CEO of OceanaGold, said "This is a significant milestone for OceanaGold. Listing on the NYSE expands our access to investors in the United States, enhances trading liquidity, and better reflects the scale and geographic presence of our business.
Our Haile Gold Mine in South Carolina, USA, representing nearly half of our gold production1 in 2026, is the primary driver of the Company's near-term production growth and is one of the largest gold mines in the USA. With record financial performance delivered last year, production growth in 2026 and our focus on shareholder value creation, the NYSE listing provides the opportunity for more investors to participate in the Company's success."
1. | At the mid-point of guidance, Haile represents ~45% of gold production in 2026. Please see Q4 2025 MD&A for further details. |
About OceanaGold
OceanaGold is a global intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the wholly-owned Haile Gold Mine in the United States of America; the wholly-owned Macraes and Waihi operations in New Zealand; and the 80%-owned Didipio Mine in the Philippines.
Cautionary Statement Regarding Forward-Looking Information
This news release contains certain "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws which may include, but is not limited to, statements with respect to: the future price of gold; the anticipated timing of the Company's listing of its common shares on the NYSE; the anticipated timing for the discontinuance of the Company's quotation on the OTC Markets; the future financial and operating performance of the Company and its mining projects, including the production profile at Haile; the expected benefits of the Company's NYSE listing, including significantly expanding access to investors in the United States, enhancing trading liquidity and better reflecting the scale and geographic diversity of its business; and information relating to future performance. Forward-looking statements relate to future performance and reflect the Company's expectations regarding the execution of business strategy, future growth, future production, estimated costs, results of operations, business prospects and opportunities of OceanaGold and its related subsidiaries. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.Such risks include, among others, inherent operating risks and those risk factors identified and described in more detail in the section entitled "Risk Factors" contained in the Company's most recent Annual Information Form and the Company's other filings with Canadian securities regulators, which are available on SEDAR+ at www.sedarplus.ca under the Company's name. There are no assurances the Company can fulfil forward-looking statements. This list is not exhaustive of the factors that may affect the Company's forward-looking statements.
The Company's forward-looking statements are based on the applicable assumptions and factors Management considers reasonable as of the date hereof, based on the information available to Management at such time. These assumptions and factors include, but are not limited to, assumptions and factors related to: the Company's ability to carry on current and future operations, including development and exploration activities; the timing, extent, duration and economic viability of such operations, including any Mineral Resources or Mineral Reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company's ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the price and market for outputs, including gold and copper; foreign exchange rates; taxation levels; the timely receipt of necessary approvals or permits; the ability to meet current and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associated with the mining industry.
The Company's forward-looking statements are based on the opinions and estimates of Management and reflect their current expectations regarding future events and operating performance and speak only as of the date hereof. The Company does not assume any obligation to update forward-looking statements if circumstances or Management's beliefs, expectations or opinions should change other than as required by applicable law. There can be no assurance that forward-looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurance can be given that any events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits or liabilities the Company will derive therefrom. For the reasons set forth above, undue reliance should not be placed on forward-looking statements.
SOURCE OceanaGold Corporation
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FAQ**
How does OceanaGold Corporation OCANF plan to leverage its new listing on the NYSE to enhance investor engagement and attract more U.S.-based institutional investors?
What are the anticipated impacts on trading liquidity and market visibility for OceanaGold Corporation OCANF following the transition from the OTC Markets to the NYSE?
Given that the Haile Gold Mine represents nearly half of OceanaGold Corporation OCANF's gold production in 2026, how does the company forecast its production growth and financial performance from this mine?
What risks does OceanaGold Corporation OCANF foresee due to the increased scrutiny and regulatory standards typically associated with a NYSE listing, and how does the company plan to address these challenges?
**MWN-AI FAQ is based on asking OpenAI questions about OceanaGold Corporation (TSXC: OGC:CC).
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