Orezone Gold Corporation Trading Halt
Orezone Gold Corporation, a gold exploration and development company based in Nepean, Canada, has requested a trading halt for its securities on the Toronto Stock Exchange. The halt, announced on August 28, 2025, is in response to speculation following a similar trading halt by West African Resources Limited (ASX: WAF) on the same day.
The company, which focuses on discovering and developing gold deposits in West Africa, has requested the halt to clarify the speculation arising from WAF’s trading halt. The trading pause is expected to last until either the release of an announcement by Orezone Gold Corporation or the commencement of normal trading on Monday, September 1, 2025.
Orezone Gold Corporation, listed on the Toronto Stock Exchange with a market capitalization of 505.65 million CAD, had a close price of 1.29 CAD on August 25, 2025. The company’s 52-week high was 1.5 CAD on June 2, 2025, and its 52-week low was 0.58 CAD on November 18, 2024. The price-to-earnings ratio stands at 6.525.
The trading halt request was communicated to ASX Limited by Kimberley Brown, Principal Adviser, and was confirmed by ASX Compliance. The halt is intended to provide the company with the opportunity to address market speculation and ensure accurate information is available to investors.
Orezone Gold Corporation serves customers globally and maintains its presence through its website, www.orezone.com . The company continues to focus on its strategic goals in the metals and mining industry, despite the temporary trading halt.