OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor ORE ASX

Orezone Gold Corporation

Ramping Producer · Gold · BF · CA Rating locked: sign in to view v8 · ore-20261024t212247-full
Last 2026-11-06
A$2.9
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$1.9B
EV
A$1.9B
Cash
US$96.7M
Debt
US$99.8M
3 newer ASX announcements not yet reflected in this valuation

Company ownership

Investors & shareholders

Reviewed 2026-11-06

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.

Top registered shareholders

Register at 2026-03-25 · 666,464,879 issued shares

20 holders
Top registered shareholders at 2026-03-25; percentages of issued shares
#Investor / registered holder% issued sharesShares held
1 CDS & CO Nominee / custodian
Evidence for CDS & CO

Nominee or depositary account; underlying beneficial owners are not inferred.

412,011,527 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

61.82%412,011,527
2 NIOKO RESOURCES CORPORATION The issuer’s substantial-holder summary names CIG SA as registered holder for the same quantity; the discrepancy is unresolved.
Evidence for NIOKO RESOURCES CORPORATION

103,463,514 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

15.52%103,463,514
3 1576447 B C UNLIMITED LIABILITY COMPANY
Evidence for 1576447 B C UNLIMITED LIABILITY COMPANY

65,757,265 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

9.87%65,757,265
4 CHESS DEPOSITARY NOMINEES PTY LIMITED Nominee / custodian
Evidence for CHESS DEPOSITARY NOMINEES PTY LIMITED

Nominee or depositary account; underlying beneficial owners are not inferred.

45,539,928 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

6.83%45,539,928
5 CEDE & CO Nominee / custodian
Evidence for CEDE & CO

Nominee or depositary account; underlying beneficial owners are not inferred.

33,112,083 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

4.97%33,112,083
6 CORIS INVEST GROUP
Evidence for CORIS INVEST GROUP

3,750,000 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.56%3,750,000
7 PETER TAM
Evidence for PETER TAM

1,114,344 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.17%1,114,344
8 MARCO LOCASCIO
Evidence for MARCO LOCASCIO

534,534 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.08%534,534
9 KATE JANE HARCOURT
Evidence for KATE JANE HARCOURT

400,000 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.06%400,000
10 MARCO LOCASCIO 2007 IRREVOC TRUST
Evidence for MARCO LOCASCIO 2007 IRREVOC TRUST

240,000 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.04%240,000
11 RON LITTLE
Evidence for RON LITTLE

100,000 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.02%100,000
12 JOSEPH CONWAY
Evidence for JOSEPH CONWAY

66,666 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.01%66,666
13 PINGUIDIWENDE HUGUES MARTIAL SORGHO
Evidence for PINGUIDIWENDE HUGUES MARTIAL SORGHO

62,500 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.01%62,500
14 MSL FBO STEPHEN AXCELL TOD CARYN AXCELL SUBJECT TO STA TOD RULES <A/C 343-177-972> Nominee / custodian
Evidence for MSL FBO STEPHEN AXCELL TOD CARYN AXCELL SUBJECT TO STA TOD RULES <A/C 343-177-972>

Nominee or depositary account; underlying beneficial owners are not inferred.

58,000 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.01%58,000
15 RICARDO RODRIGUES
Evidence for RICARDO RODRIGUES

50,000 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.01%50,000
16 KATE HARCOURT
Evidence for KATE HARCOURT

45,000 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.01%45,000
17 GEORGES N ZIGANI
Evidence for GEORGES N ZIGANI

35,000 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.01%35,000
18 LASSANE KAFANDO
Evidence for LASSANE KAFANDO

35,000 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.01%35,000
19 RONALD HARRY BATT
Evidence for RONALD HARRY BATT

23,416 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.00%23,416
20 ADAMA ZONGO
Evidence for ADAMA ZONGO

22,500 shares · Issued shares · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

0.00%22,500

Nominee and custodian accounts can hold shares for several underlying investors.

Disclosed substantial holders

Latest reviewed disclosure for each holder or reporting group

Substantial-holder disclosures; these can overlap registered accounts above
Investor / reported groupDisclosed holdingHolding at
Nioko Resources Corporation Historical position; present holding may differ. Reported group
Evidence for Nioko Resources Corporation

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.

103,463,514 shares · Issued shares · Disclosed holding at 2025-04-02

Percentage calculated, not disclosed: 103,463,514 shares divided by 525,912,246 ordinary shares on issue at 2025-04-02 (source: Q2 Financial Statements - 30 June 2025 ).

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

19.67%Calc. on issued shares2025-04-02
Helikon Investments Limited and related entities Historical position; present holding may differ. Reported group
Evidence for Helikon Investments Limited and related entities

Associated persons report the same underlying fund position; group rows must not be summed.

82,085,269 shares · Voting power · Disclosed holding at 2026-06-12

Helikon change in substantial holding
Helikon Investments via ASX · 2026-06-16
downloads/ORE/2026/2026-06-16_Change in substantial holding_f871dad8c56096c8.pdf, pages 1 and 4

12.31%Voting power2026-06-12
Hecla Mining Company Historical position; present holding may differ. Reported group
Evidence for Hecla Mining Company

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.

65,757,265 shares · Voting power · Disclosed holding at 2026-03-25

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

9.87%Voting power2026-03-25
Equinox Partners Investment Management LLC Historical position; present holding may differ. Reported group
Evidence for Equinox Partners Investment Management LLC

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.

37,319,423 shares · Issued shares · Disclosed holding at 2025-07-11

Percentage calculated, not disclosed: 37,319,423 shares divided by 532,009,981 ordinary shares on issue at 2025-06-30 (source: Q2 Financial Statements - 30 June 2025 ).

Annual Information Form for year ended 31 December 2025
Orezone Gold Corporation via ASX · 2026-04-01
downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

7.01%Calc. on issued shares2025-07-11

These disclosures can overlap accounts in the register above. Their percentages should not be added together.

Sources & review notesEvidence checked through 2026-10-31

Coverage and 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.

Sources

  1. Annual Information Form for year ended 31 December 2025

    Orezone Gold Corporation via ASX · Published 2026-04-01 · Accessed 2026-10-31

    Issuer’s common-share registered holders at 25 March 2026 and historic substantial-holder disclosures.

    downloads/ORE/2026/2026-04-01_Annual Information Form - Fiscal Year Ended 31 December 2025.pdf, PDF pages 71–76

  2. Helikon change in substantial holding

    Helikon Investments via ASX · Published 2026-06-16 · Accessed 2026-10-31

    82,085,269 fully paid ordinary shares and 12.30723% relevant voting power on 12 June 2026.

    downloads/ORE/2026/2026-06-16_Change in substantial holding_f871dad8c56096c8.pdf, pages 1 and 4

  3. Q2 Financial Statements - 30 June 2025

    Orezone Gold Corporation / ASX · Published 2025-08-14 · Accessed 2026-11-06

    Ordinary shares on issue: 525,912,246 at 2025-04-02; used as the denominator for calculated substantial-holder percentages.

    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

  4. Q2 Financial Statements - 30 June 2025

    Orezone Gold Corporation / ASX · Published 2025-08-14 · Accessed 2026-11-06

    Ordinary shares on issue: 532,009,981 at 2025-06-30; used as the denominator for calculated substantial-holder percentages.

    Statement of changes in equity: common shares at 30 June 2025, before the August 2025 ASX listing issue

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