O3 Mining announced the resignation of Mélissa Desrochers as a Director of O3 Mining to pursue other endeavours. Ms. Desrochers has been a Director of O3 Mining since April 8, 2021. In her resignation, Ms. Desrochers expressed her privilege of working with dedicated and talented people, and particularly her pride in the Sustainability Committee and [...]
O3 Mining announced the resignation of Murray John as a Director of O3 Mining to pursue other endeavours. Mr. John has been the Lead Director of O3 Mining since its formation in 2019. In his resignation, Mr. John expressed his great pleasure of serving as a Director of O3 Mining and wished O3 Mining and its management team every success in the [...]
O3 Mining is pleased to provide a review of 2023 and an outline of the outlook for 2024 focusing on essential catalysts of de-risking the Marban Alliance project, progressing potential strategic synergies, and kicking off the feasibility study. The Corporation is excited to enter a new phase of development in 2024 while maintaining its dedication [...]
O3 Mining Inc. announces that, effective March 31, 2023 and December 31, 2023, 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 and third quarters of 2023, respectively. To that end, directors of the [...]
O3 Mining Inc. is pleased to announce the closing of two transactions - with each of NewOrigin Gold Corp. and Globex Mining Enterprises Inc. - which will strengthen O3 Mining's presence in the Casa Berardi trend by consolidating the Kinebik project, as described below. O3 Mining's President and Chief Executive Officer, Mr. José Vizquerra commented [...]
O3 Mining Inc. announces that in accordance with the terms of the senior unsecured convertible debenture issued on June 19, 2023, it has elected to issue 150,721 common shares at a price of C$1.66 per Common Share as payment for, and for the satisfaction of, C$250,000, representing 50% of the total interest due and payable by the Corporation in [...]
O3 Mining Inc. is pleased to announce that effective December 15, 2023, it granted to certain officers, directors and/or employees of the Corporation an aggregate of 910,000 restricted share units of the Corporation , and an aggregate of 330,000 deferred share units of the Corporation. The RSUs are subject to a three-year cliff vesting period from [...]
O3 Mining Inc. is pleased to announce the closing of its previously-announced non-brokered private placement of 11,394,487 common shares of the Corporation for aggregate gross proceeds of C$18,559,639. The Offering was comprised of four tranches, as follows: Common Shares: 3,726,678 Common Shares at a price of C$1.44 per Hard Dollar Share for gross [...]
O3 Mining Inc. is pleased to announce that, in response to overwhelming interest in its previously-announced non-brokered private placement, the Offering will be upsized to up to 11,394,488 common shares of the Corporation for aggregate gross proceeds of up to approximately C$18,559,641, in four tranches as follows: Common Shares: up to 3,726,678 [...]
O3 Mining Inc. announces a non-brokered private placement of up to 2,777,778 common shares of the Corporation at a price of C$1.44 per Common Share for gross proceeds of approximately C$4 million, and up to 3,072,763 Common Shares that will qualify as "flow-through shares" of the Income Tax Act at a price of C$1.63 per FT Share for gross proceeds [...]
O3 Mining is pleased to announce that it has received the results of the two inaugural drill holes completed over the prospective Volcanogenic Massive Sulphide belt within the Horizon Project. Highlights Hole O3HR-23-001 intercepted a laminated sulphide-rich siliceous tuff containing highly anomalous base and precious metal values of up to 0.24 [...]
O3 Mining Inc. is proud to announce the recognition it has received for its exemplary sustainable development practices. On Nov 1, the Association d'Exploration Minière du Québec awarded the Corporation with the 2023 prize for Excellence in Sustainable Development. Additionally, the Prospectors & Developers Association of Canada has announced that [...]