O3 Mining is pleased to announce the closing of its previously-announced upsized "bought deal" public offering of 18,975,000 units of the Corporation at a price of $1.10 per Unit for aggregate gross proceeds to O3 Mining of $20,872,500, including the exercise in full of the underwriters' over-allotment option. Each Unit consists of one common share [...]
O3 Mining announces that it has filed a prospectus supplement to its short form base shelf prospectus dated April 28, 2023 with the securities regulatory authorities in all provinces and territories of Canada other than Québec. The Prospectus Supplement has been filed in connection with O3 Mining's previously-announced public equity financing of [...]
O3 Mining is pleased to announce that, as a result of strong investor demand, the Corporation has amended its agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters to increase the size of the previously announced "bought deal" public offering of units of the Corporation to raise gross process of $18,150,000, consisting of [...]
O3 Mining is pleased to announce that it has entered into an agreement with Canaccord Genuity on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis, 13,660,000 units of the Corporation, at a price of $1.10 per Unit for gross proceeds of $15,026,000. Each Unit will consist of [...]
O3 Mining is pleased to congratulate its largest shareholder Osisko Mining on its recently announced transaction with a 100% owned Canadian subsidiary of Gold Fields whereby Gold Fields will acquire all of the issued and outstanding shares of Osisko. Osisko holds 18,291,854 commons shares which represents 20.7% of the Corporation and is the [...]
O3 Mining is pleased to report the results of the initial gold recovery testwork program conducted on drill core samples from the Malartic H deposit at its 100%-owned Marban Alliance Project located in Val-d'Or. The results were produced from the recent metallurgical testing program completed by SGS Canada Inc. Highlights from Test Work: Overall [...]
O3 Mining is pleased to announce that it has received the second set of assay results from its 24,505 metre drilling campaign completed between Jan 2024 and March 2024 on the Malartic H deposit "Malartic H" within the Marban Alliance project. Highlights: 35.1 g/t Au over 4.5 metres in hole O3MA-24-678 at a vertical depth of 72.9 m, including 102.0 [...]
O3 Mining is pleased to announce that it has closed a transaction to sell a 100% interest in its Matachewan and Wydee Properties, located within 10 km distance to the Young-Davidson Mine of Alamos Gold to Alamos Gold in exchange for cash consideration of C$3,500,000 and the retention by O3 Mining of a 1.0% net smelter returns royalty on all metal [...]
O3 Mining announces that, effective June 30, 2024, it granted to certain directors of the Corporation deferred share units of the Corporation in satisfaction of certain director fees that have been settled in DSUs in lieu of cash for the second quarter of 2024. To that end, directors of the Corporation may elect, from time to time, to receive all [...]
O3 Mining announces that in accordance with the terms of the senior unsecured convertible debenture issued on June 19, 2023, it has elected to issue to the holder thereof 215,517 common shares at a deemed price of $1.16 per Common Share as payment for, and for the satisfaction of, the amount of $250,000, representing 50% of the total interest [...]
O3 Mining is pleased to reaffirm its commitment to harmonious and responsible mining practices. To that end, O3 Mining wishes to announce in respect of its non-core Harricana project that it has made a firm commitment not to engage in exploration activities on any of its claims held on the local golf course, the Recreational Forest and category 1 [...]
O3 Mining is pleased to announce that it has received all assay results from its 3,053 metre winter drill campaign at the Ludovick Sector of the Horizon Project, located seven kilometres west of the Marban and Norlartic deposits and four kilometres north-east of the Canadian Malartic open-pit owned by Agnico Eagles Mines. The Corporation used one [...]