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To: Goose94 who wrote (21842)	10/18/2016 1:19:24 PM
From: Goose94	Respond to of 202668

ORG-V new 52 week high, 48.5 cents

To: Goose94 who wrote (21842)	10/19/2016 7:32:55 AM
From: Goose94	Read Replies (2) \| Respond to of 202668

Orca Gold (ORG-V) Oct 19, '16 announces today that it is seeking TSX Venture Exchange approval of a non-brokered private placement of up to 5,882,353 common shares of the Company at a price of $0.34 per common share, for gross proceeds of up to $2,000,000 (the "Private Placement"). The proceeds of the Private Placement will be used to fund ongoing operations at the Company's 70%-owned Block 14 Project, where it is currently conducting a pre-feasibility study, aimed for completion by the end of Q1 2017, and general working capital purposes. Subject to review by the TSX Venture Exchange, an 8.0% finder's fee may be payable, in the form of cash and/or common shares issued by the Company, on all or a portion of the subscriptions accepted by Orca. All common shares issued under the Private Placement will be subject to a four-month plus one day hold period in accordance with applicable Canadian securities laws. Closing of the Private Placement is subject to receipt of all necessary regulatory approvals, including those of the TSX Venture Exchange, and certain other customary closing conditions, including, but not limited to, execution of subscription agreements between the Company and the subscribers. Commenting on the Private Placement, Richard Clark, CEO and Director, said, "This modest private placement will add liquidity to our stock, benefitting current shareholders and will contribute to our objective of aggressively moving our Block 14 Project forward to an early development decision. At the same time, strengthening our balance sheet will provide Orca with the flexibility to pursue other corporate opportunities should they arise." Additionally, the Company is pleased to announce the engagement of Catch Advisory Group Inc. ("Catch") as at September 1, 2016 to provide investor relations services. Specific duties include initiating and maintaining contact with the investment community, including brokers, existing shareholders, prospective investors, analyst and media contacts. Catch will also coordinate the Company's IR initiatives, including its participation in investment conferences, planning and organization of project site visits and dissemination of news and information of the Company to the public and to the shareholders of Orca. The investor relations agreement with Catch has a 12-month term and an anticipated cost of $84,000, payable at the rate of $7,000 per month. Catch's principal, Elina Chow, is the primary contact for and principle service provider to Orca under the agreement. Catch has been issued 200,000 options as part consideration for its services under the agreement at an exercisable price of $0.32 per share. Elina Chow owns 20,000 shares of the Company. Neither Catch nor Elina Chow has any other direct or indirect interest in the Company. Catch is an investor relations and marketing consulting firm based in Toronto, Canada. Established in 2011, Catch provides investor relations, corporate communications and creative design services to private and publicly-traded companies in a number of industries including metals and mining, financial services, technology, and real estate. About Orca Orca Gold Inc. is a Canadian resource company focused on exploration and development opportunities in Africa, where it is currently focused on the development of its 70% owned Block 14 project in the Republic of the Sudan. The Company has an experienced board of directors and management team and a strong balance sheet, with a treasury in excess of $11.5 million at September 30, 2016. On behalf of the Board of Directors: Richard P. Clark, CEO and Director Orca Gold Inc. Richard P. Clark +1 604 689 7842 orcagold.com