O3 Mining Inc. is pleased to provide new results from the ongoing drilling program on the Alpha property, located 5 kilometres southeast of Val D’Or, Quebec. The area includes the claims under option from Golden Valley Mines Ltd. , of which O3 Mining has the option to acquire 80% interest. Current drilling is focused on the Cadillac Larder [...]
O3 Mining Inc. is pleased to announce that it has completed the purchase of an option to acquire 10 patented mineral claims in the Garrison township pursuant to an asset purchase agreement with Metals Creek Resources Corp. dated November 14, 2019 . Pursuant to the Asset Purchase Agreement, the Corporation acquired the Option in exchange for [...]
O3 Mining Inc. is pleased to announce the following corporate updates: Appointment of Louis Gariepy as VP, Exploration O3 Mining is pleased to announce that it has strengthened its management team with the appointment of Mr. Louis Gariepy as Vice President, Exploration. Mr. Gariepy is a geological engineer with over 30 years of international mining [...]
O3 Mining Inc. announces that it has entered into agreements with various arm's length creditors to settle $820,279.48 of indebtedness through the issuance of 211,643 common shares of the Corporation in order to preserve cash for its operations. The shares are subject to a four month hold period expiring on March 1, 2020. About O3 Mining Inc. O3 [...]
O3 Mining Inc. is pleased to provide new results from the ongoing drilling program on the Central Cadillac Group of properties, located east of Val D’Or, Québec. Current drilling is focused on claims under option from Golden Valley Mines Ltd. , of which O3 Mining has the option to acquire an 80% interest. The new drill intercepts [...]
O3 Mining Inc. is pleased to announce that, further to its announcement dated September 4, 2019, it has completed a "bought deal" brokered private placement of 2,400,000 common shares of the Corporation that will qualify as "flow-through shares" of the Income Tax Act and section 359.1 of the Taxation Act ) at a price of C$4.20 per Flow-Through [...]
O3 Mining Inc. is pleased to announce that it has initiated a 50,000-meter drill program on its Val d’Or properties. José Vizquerra Benavides, President and CEO, commented: “The financings represent an important milestone. We are initiating work on the Bulldog/Centremaque properties in the Val d’ Or area of the prolific [...]
O3 Mining Inc. is pleased to announce it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 2,400,000 common shares of the Corporation that will qualify as "flow-through shares" of the Income Tax [...]
O3 Mining Inc. is pleased to announce that it has acquired Harricana River Mining Corporation Inc. pursuant to an amalgamation agreement dated July 19, 2019 among Harricana Mining, O3 Mining and 9401-3513 Québec Inc. , a wholly owned subsidiary of O3 Mining . Pursuant to the Amalgamation Agreement, Harricana Mining and O3 Subco amalgamated [...]
O3 Mining Inc. announces that today it has granted to certain officers, directors, employees and/or consultants of the Corporation an aggregate of 2,280,000 options to acquire common shares of the Corp, and an aggregate of 390,000 restricted share units of the Corporation. The Options have an exercise price of $3.07 per share, have a five-year term [...]
O3 Mining Inc. announces that it has filed an early warning report in respect of its holdings in Alexandria Minerals Corp. Earlier today, pursuant to a statutory plan of arrangement under the provisions of Section 192 of the Canada Business Corporations Act, the Corporation acquired all of the outstanding shares of Alexandria in exchange for [...]
O3 Mining Inc. and Alexandria Minerals Corp. are pleased to announce the successful completion of their previously-announced business combination, pursuant to which O3 Mining acquired Alexandria by way of a court-approved plan of arrangement under the Canada Business Corporations Act. Alexandria is now a wholly-owned subsidiary of O3 Mining. Under [...]