Last: $0.36   Chg: -0.01
 Volume: 466565
 Gold Price: $1,252.92

Overview

Corporate Background

Otis Capital Corp. was incorporated under the Business Corporations Act (British Columbia) on April 24, 2007. On January 14, 2009, the Company changed its name to Otis Gold Corp. The Company’s common shares are listed on the TSX Venture Exchange (the “Exchange”) under the trading symbol OOO. On July 16, 2008, the Company acquired an option to acquire a 100% interest in the Blue Hill Creek Project located in Cassia County, Idaho (which is now known as the Oakley Project). At the same time, the Company also acquired an option to earn up to a 75% interest in the Kilgore Gold Project, located in Clark County, Idaho, and the Hai property, located in Lemhi County, Idaho.  In November 2010, the Company increased its interest in the Kilgore Gold Project and related assets to 100%. The Company is currently exploring for minerals on these properties and other properties that it may acquire.

Corporate Vision  

Otis is a gold exploration company focused on developing projects which have multi-million ounce potential located in mining-friendly jurisdictions. Otis is leveraging the talents of technical team, which made up the core of the Echo Bay Mines US exploration team in the mid 1990s, to build out its property portfolio. The technical team is complimented by a management team with a strong level of experience in corporate finance and public company management. While each project is approached with the goal of ultimately putting mines into production, the exit strategy will likely be through an M&A transaction.