Ongwe Minerals Inc. has commenced trading on the Namibia Securities Exchange (NSX) under the symbol “ONG”, as the gold explorer moves to strengthen local investor participation in Namibia’s mining sector.
The dual listing, effective 15 April 2026, adds to the company’s primary listing on the TSX Venture Exchange and is aimed at broadening access to capital while embedding the company more firmly within Namibia’s mining ecosystem.
Chief Executive Officer Dave Underwood said the move is a strategic step to deepen local capital market participation in mining projects.
“The dual listing of Ongwe on the Namibian Securities Exchange is a very important step in building Ongwe’s local Namibian capital markets presence. 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,” he said.
The listing is expected to make it easier for local institutional and retail investors to participate directly in Namibia’s mineral exploration sector, particularly as demand grows for exposure to gold assets.
“This listing is specifically designed to streamline the process for both institutional and retail investors to trade our 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.
Ongwe Minerals is focused on gold exploration in Namibia’s emerging north-west Damara gold belt, with key projects at Omatjete and Khorixas.
At the Omatjete Gold Project, early-stage work has identified the Manga Prospect, a large mineralised zone measuring approximately 4.5km by 1km, with encouraging gold-in-soil anomalies and initial drilling results along the Okondeka Fault Zone.
At Khorixas, located about 60km west of the Eureka deposit, the company has defined two major surface targets, Belmont and K17. The Belmont prospect alone spans roughly 12km by 6km, with multiple exploration targets identified through sampling.
The company’s leadership team has been involved in several gold discoveries and developments in Namibia, including Twin Hills, Eureka and the Otjikoto gold mine.
