{ "schema_version": "1.0.0", "ticker": "ORE", "company_name": "Orezone Gold Corporation", "cutoff_date": "2026-10-31", "reviewed_at": "2026-11-06", "coverage_note": "Canadian common-share registered-holder list at 25 March 2026, plus separately dated reporting-group disclosures. The ASX security is a 1:1 CDI; CDI balances are not presented as ordinary registered accounts.", "register": { "as_of_date": "2026-03-25", "issued_shares": 666464879, "source_ids": [ "aif" ], "holders": [ { "holder_id": "register-01", "name": "CDS & CO", "classification": "nominee_custodian", "shares": 412011527, "percentage": 61.82, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [ "Nominee or depositary account; underlying beneficial owners are not inferred." ] }, { "holder_id": "register-02", "name": "NIOKO RESOURCES CORPORATION", "classification": "direct_holder", "shares": 103463514, "percentage": 15.52, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [], "caveat": "The issuer’s substantial-holder summary names CIG SA as registered holder for the same quantity; the discrepancy is unresolved." }, { "holder_id": "register-03", "name": "1576447 B C UNLIMITED LIABILITY COMPANY", "classification": "direct_holder", "shares": 65757265, "percentage": 9.87, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] }, { "holder_id": "register-04", "name": "CHESS DEPOSITARY NOMINEES PTY LIMITED", "classification": "nominee_custodian", "shares": 45539928, "percentage": 6.83, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [ "Nominee or depositary account; underlying beneficial owners are not inferred." ] }, { "holder_id": "register-05", "name": "CEDE & CO", "classification": "nominee_custodian", "shares": 33112083, "percentage": 4.97, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [ "Nominee or depositary account; underlying beneficial owners are not inferred." ] }, { "holder_id": "register-06", "name": "CORIS INVEST GROUP", "classification": "direct_holder", "shares": 3750000, "percentage": 0.56, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] }, { "holder_id": "register-07", "name": "PETER TAM", "classification": "direct_holder", "shares": 1114344, "percentage": 0.17, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] }, { "holder_id": "register-08", "name": "MARCO LOCASCIO", "classification": "direct_holder", "shares": 534534, "percentage": 0.08, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] }, { "holder_id": "register-09", "name": "KATE JANE HARCOURT", "classification": "direct_holder", "shares": 400000, "percentage": 0.06, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] }, { "holder_id": "register-10", "name": "MARCO LOCASCIO 2007 IRREVOC TRUST", "classification": "direct_holder", "shares": 240000, "percentage": 0.04, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] }, { "holder_id": "register-11", "name": "RON LITTLE", "classification": "direct_holder", "shares": 100000, "percentage": 0.02, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] }, { "holder_id": "register-12", "name": "JOSEPH CONWAY", "classification": "direct_holder", "shares": 66666, "percentage": 0.01, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] }, { "holder_id": "register-13", "name": "PINGUIDIWENDE HUGUES MARTIAL SORGHO", "classification": "direct_holder", "shares": 62500, "percentage": 0.01, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] }, { "holder_id": "register-14", "name": "MSL FBO STEPHEN AXCELL TOD CARYN AXCELL SUBJECT TO STA TOD RULES ", "classification": "nominee_custodian", "shares": 58000, "percentage": 0.01, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [ "Nominee or depositary account; underlying beneficial owners are not inferred." ] }, { "holder_id": "register-15", "name": "RICARDO RODRIGUES", "classification": "direct_holder", "shares": 50000, "percentage": 0.01, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] }, { "holder_id": "register-16", "name": "KATE HARCOURT", "classification": "direct_holder", "shares": 45000, "percentage": 0.01, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] }, { "holder_id": "register-17", "name": "LASSANE KAFANDO", "classification": "direct_holder", "shares": 35000, "percentage": 0.01, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] }, { "holder_id": "register-18", "name": "GEORGES N ZIGANI", "classification": "direct_holder", "shares": 35000, "percentage": 0.01, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] }, { "holder_id": "register-19", "name": "RONALD HARRY BATT", "classification": "direct_holder", "shares": 23416, "percentage": 0.0, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] }, { "holder_id": "register-20", "name": "ADAMA ZONGO", "classification": "direct_holder", "shares": 22500, "percentage": 0.0, "percentage_basis": "issued_shares", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [] } ] }, "substantial_holders": [ { "holder_id": "nioko", "name": "Nioko Resources Corporation", "classification": "reporting_group", "shares": 103463514, "percentage": 19.67, "percentage_basis": "issued_shares", "as_of_date": "2025-04-02", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [ "The issuer identifies the holding at 2 April 2025; its 15.52% figure uses a later 2026 denominator.", "Percentage calculated by the reviewer, not disclosed: 103,463,514 shares / 525,912,246 ordinary shares on issue at 2025-04-02 (30 June 2025 financial statements) = 19.67% of issued shares." ], "caveat": "Historical position; present holding may differ.", "percentage_calculation": { "issued_shares": 525912246, "as_of_date": "2025-04-02", "source_ids": [ "shares-on-issue-2025-04-02" ] } }, { "holder_id": "helikon", "name": "Helikon Investments Limited and related entities", "classification": "reporting_group", "shares": 82085269, "percentage": 12.30723, "percentage_basis": "voting_power", "as_of_date": "2026-06-12", "investor_id": null, "identity_note": null, "source_ids": [ "helikon" ], "notes": [ "Associated persons report the same underlying fund position; group rows must not be summed." ], "caveat": "Historical position; present holding may differ." }, { "holder_id": "hecla", "name": "Hecla Mining Company", "classification": "reporting_group", "shares": 65757265, "percentage": 9.87, "percentage_basis": "voting_power", "as_of_date": "2026-03-25", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [ "The issuer’s group summary names Hecla as registered holder, while the registered list shows the matching quantity under a numbered company; identity reconciliation remains open." ], "caveat": "Historical position; present holding may differ." }, { "holder_id": "equinox", "name": "Equinox Partners Investment Management LLC", "classification": "reporting_group", "shares": 37319423, "percentage": 7.01, "percentage_basis": "issued_shares", "as_of_date": "2025-07-11", "investor_id": null, "identity_note": null, "source_ids": [ "aif" ], "notes": [ "The issuer identifies the position at 11 July 2025; its 5.60% figure uses a later 2026 denominator.", "Percentage calculated by the reviewer, not disclosed: 37,319,423 shares / 532,009,981 ordinary shares on issue at 2025-06-30 (30 June 2025 financial statements) = 7.01% of issued shares." ], "caveat": "Historical position; present holding may differ.", "percentage_calculation": { "issued_shares": 532009981, "as_of_date": "2025-06-30", "source_ids": [ "shares-on-issue-2025-06-30" ] } } ], "sources": [ { "source_id": "aif", "title": "Annual Information Form for year ended 31 December 2025", "publisher": "Orezone Gold Corporation via ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03074735-6A1319013", "publication_date": "2026-04-01", "accessed_date": "2026-10-31", "locator": "downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76", "detail": "Issuer’s common-share registered holders at 25 March 2026 and historic substantial-holder disclosures." }, { "source_id": "helikon", "title": "Helikon change in substantial holding", "publisher": "Helikon Investments via ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03100472-6A1329573", "publication_date": "2026-06-16", "accessed_date": "2026-10-31", "locator": "downloads/ORE/2026/2026-06-16_Change in substantial holding_f871dad8c56096c8.pdf, pages 1 and 4", "detail": "82,085,269 fully paid ordinary shares and 12.30723% relevant voting power on 12 June 2026." }, { "source_id": "shares-on-issue-2025-04-02", "title": "Q2 Financial Statements - 30 June 2025", "publisher": "Orezone Gold Corporation / ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02978330-6A1278233", "publication_date": "2025-08-14", "accessed_date": "2026-11-06", "locator": "downloads/ORE/2025/2025-08-14_Q2 Financial Statements - 30 June 2025.pdf; Note 10: 466,107,137 common shares at 1 January 2025 plus the March bought deal (42,683,000), over-allotment (6,402,450) and 2 April Nioko placement (10,719,659); H1 option and unit redemptions of unstated timing are excluded", "detail": "Ordinary shares on issue: 525,912,246 at 2025-04-02; used as the denominator for calculated substantial-holder percentages." }, { "source_id": "shares-on-issue-2025-06-30", "title": "Q2 Financial Statements - 30 June 2025", "publisher": "Orezone Gold Corporation / ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02978330-6A1278233", "publication_date": "2025-08-14", "accessed_date": "2026-11-06", "locator": "downloads/ORE/2025/2025-08-14_Q2 Financial Statements - 30 June 2025.pdf; Statement of changes in equity: common shares at 30 June 2025, before the August 2025 ASX listing issue", "detail": "Ordinary shares on issue: 532,009,981 at 2025-06-30; used as the denominator for calculated substantial-holder percentages." } ], "limitations": [ "The common-share list includes CHESS Depositary Nominees; underlying CDI owners are not identified and the separate CDI top-20 is not represented by this ordinary-share schema.", "The issuer’s summary names CIG SA as registered holder for Nioko’s 103,463,514 shares whereas its common-share list names Nioko directly; this discrepancy is unresolved.", "The issuer’s summary names Hecla as registered holder of 65,757,265 shares while the common-share list attributes that exact quantity to 1576447 B C Unlimited Liability Company; the relationship requires reconciliation.", "The issuer reports historical Nioko and Equinox quantities with March 2026 percentages based on later issued capital; the dashboard instead shows percentages calculated from shares on issue at the 2025 holding dates.", "ASX substantial-holder disclosures are provided on the issuer’s best knowledge, not a comprehensive register; Canadian filings may contain later positions.", "The March 2026 issuer form has internal capital/distribution discrepancies; figures shown retain the dated registered-holder list and its stated total." ] }