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Ongwe Minerals starts trading on the Namibia Securities Exchange

by Editor
April 15, 2026
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Ongwe Minerals starts trading on the Namibia Securities Exchange
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Ongwe Minerals has commenced trading on the Namibia Securities Exchange under the symbol “ONG”, as the Canadian gold explorer moves to deepen its access to Namibian capital markets and broaden local investor participation.

The company said on 15 April 2026 that the dual listing, which does not affect its primary listing on the TSX Venture Exchange, is aimed at streamlining share trading and participation in future capital raises by both institutional and retail investors in Namibia.

Ongwe chief executive Dave Underwood said the dual listing of Ongwe on the Namibian Securities Exchange is a very important step in building the company’s local Namibian capital markets presence.

He said Ongwe is fortunate to have a dedicated and substantial base of Namibian shareholders, many of whom have shared in the prior successes of the Ongwe team, through Osino Resources and Koryx Copper, both of whom were listed and raised significant capital on the Namibian exchange.

This listing, he added, is specifically designed to streamline the process for both institutional and retail investors to trade shares or participate in upcoming capital raises.

“Beyond simply strengthening our ties with the local investment community, this move reflects our deep-seated confidence in Namibia’s status as a top-tier mining jurisdiction.

“By diversifying our shareholder base and bolstering market liquidity, we are building a more resilient platform for future growth, while simultaneously ensuring that Namibian citizens have a direct path to benefit from the country’s mineral wealth,” Underwood said.

The listing comes as Ongwe advances a portfolio of gold exploration assets in Namibia’s emerging northwest Damara gold belt, where it is targeting new discoveries.

The company’s flagship Omatjete Gold Project lies along the Okondeka Fault Zone, where early work has identified the Manga prospect with a 4.5km by 1km gold-in-soil footprint, and initial drilling has confirmed mineralisation in bedrock.

At its Khorixas Gold Project, located about 60km west of the Eureka Gold Project, the company has outlined large-scale targets, including the Belmont prospect, which hosts a surface footprint of approximately 12km by 6km.

Ongwe said both projects remain at an early stage but offer significant exploration upside as the company works to define the extent of mineralisation across multiple targets.

The company’s leadership team has a track record in Namibia’s gold sector, having previously been involved in the development of the Twin Hills and Eureka deposits under Osino Resources, as well as in advancing and selling the Otjikoto gold mine to B2Gold for about C$180 million.

The NSX listing does not introduce new disclosures, and the company confirms that all material information has already been published in its Canadian filings.

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