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Form 6-K Orla Mining Ltd. For: Aug 12

August 15, 2022 6:21 AM EDT

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

UNDER the Securities Exchange Act of 1934

 

For the month of August 2022

 

Commission File Number: 001-39766

 

 

ORLA MINING LTD.

(Translation of registrant's name into English)

 

Suite 1010, 1075 West Georgia Street
Vancouver, British Columbia,

V6E 3C9, Canada

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F                ¨                 Form 40-F         x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

 

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  ORLA MINING LTD.
        
   
Date:  August 12, 2022 /s/ Etienne Morin
  Name: Etienne Morin        
  Title: Chief Financial Officer

 

 

 

EXHIBIT INDEX

 

Exhibit   Description of Exhibit
     
99.1   Material Change Report dated August 12, 2022

 

 

Exhibit 99.1

 

FORM 51-102F3

MATERIAL CHANGE REPORT

 

Item 1.Name and Address

 

Orla Mining Ltd. (the “Company” or “Orla”)

1010-1075 W. Georgia St.

Vancouver, BC

V6E 369

 

Item 2.Date of Material Change

 

August 12, 2022

 

Item 3.News Release

 

A news release announcing the material change was issued by the Company on August 12, 2022 and disseminated through CNW. A copy of the news release was subsequently filed on the SEDAR and EDGAR profile of the Company.

 

Item 4.Summary of Material Change

 

On August 12, 2022, the Company completed the previously announced acquisition of Gold Standard Ventures Corp. (“Gold Standard”) by way of a court-approved plan of arrangement (the “Transaction”).

 

Item 5.Full Description of Material Change

 

5.1Full Description of Material Change

 

On August 12, 2022, the Company completed the Transaction.

 

Under the terms of the Transaction, former Gold Standard shareholders received, in exchange for each Gold Standard common share (a “Gold Standard Share”) held immediately prior to the effective time of the Transaction, 0.1193 of a common share of Orla and C$0.0001. As a result of the completion of the Transaction, Orla acquired all of the issued and outstanding Gold Standard Shares and Gold Standard became a wholly-owned subsidiary of Orla.

 

The Gold Standard Shares will be delisted from the Toronto Stock Exchange (the “TSX”) and from the NYSE American. An application has been made for Gold Standard to cease to be a reporting issuer in all of the provinces and territories of Canada. An application will also be made for Gold Standard to terminate its reporting obligations in the United States.

 

5.2Disclosure for Restructuring Transaction

 

Not applicable.

 

Item 6.Reliance on Subsection 7.1(2) of National Instrument 51-102

 

Not applicable.

 

Item 7.Omitted Information

 

Not applicable.

 

 

 

Item 8.Executive Officer

 

Contact:Etienne Morin, Chief Financial Officer
Telephone:(604) 564-1852

 

Item 9.Date of Report

 

August 12, 2022

 

Forward-Looking Statements

 

This material change report contains certain “forward-looking information” and “`forward-looking statements” within the meaning of Canadian securities legislation and within the meaning of Section 27A of the United States Securities Act of 1933, as amended, Section 21E of the United States Exchange Act of 1934, as amended, the United States Private Securities Litigation Reform Act of 1995, or in releases made by the United States Securities and Exchange Commission, all as may be amended from time to time, including, without limitation, statements regarding the delisting of the Gold Standard Shares from the TSX and the NYSE American and the making of an application for Gold Standard to terminate its reporting obligations in the United States. Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements involve significant known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to, those risk factors discussed in the Company's most recently filed management's discussion and analysis, as well as its annual information form dated March 18, 2022, which are available on www.sedar.com and www.sec.gov. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.

 

 



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