02:41 PM EDT, 08/28/2025 (MT Newswires) -- Shares in Orezone Gold ( ORZCF ) , a West African gold producer, were down 12% on Thursday afternoon after the company provided clarification regarding a trading halt earlier today on the Toronto Stock Exchange.

It said the trading halt at 9.40am ET today was requested by the Canadian Investment Regulatory Organization pending the release of a further announcement from Orezone in response to a trading halt in the securities of Australia-listed West African Resources Limited on August 28, 2025, which caused market speculation in relation to Orezone's 90%-owned flagship Bombore Gold Mine in Burkina Faso

Orezone said: "The company confirms that it has not received a similar request from the government of Burkina Faso. The company has been in contact with the government in this regard and will meet in person over the weekend to confirm that the government does not intend to purchase an equity interest in the Bombore mine."

Following this meeting with the government, the company will issue a press release, it added.

Trading resumed on the TSX at 2pm ET and Orezone was last seen down $0.16 at $1.15.