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O3 Mining Inc V.OIII

Alternate Symbol(s):  OIIIF

O3 Mining Inc. is a Canada-based gold explorer and mine developer. The Company is engaged in the production and exploration of prospective gold camps in Quebec, Canada. It owns a 100% interest in all its properties, which cover over 75,000 hectares in Quebec. Its projects include Marban Alliance, Horizon, Alpha, Eleonore Opinaca, Launay, Peacock, Regcourt and Matachewan - Wydee. The Marban Alliance property is located in the western portion of the province of Quebec, Canada, midway between the towns of Val-d’Or and Malartic and comprises over 65 mining claims covering approximately 2,189 hectares (ha). The Horizon property is located directly to the northwest of Marban Alliance. It comprises over 192 claims covering approximately 8,778 ha, contiguous with the Marban Alliance. The Alpha Property is located in the Abitibi region, in the Bourlamaque and Louvicourt Townships, approximately eight km southeast of the city of Val-d’Or in the province of Quebec, Canada.


TSXV:OIII - Post by User

Post by Betteryear2on Feb 28, 2022 3:43pm
99 Views
Post# 34468831

LOI for Sale of East Cadillac Project to Cartier Resources

LOI for Sale of East Cadillac Project to Cartier ResourcesTORONTOFeb. 28, 2022 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that it has entered into a non-binding letter of intent ("LOI") with Cartier Resources Inc. ("Cartier") pursuant to which Cartier would acquire a 100% interest in the East Cadillac Project, located in the Val-d'Or, Qubec, Canada, which is currently held in a wholly-owned by the Corporation (the "Transaction"). The Transaction remains subject to due diligence, corporate and regulatory approvals, completion of definitive documentation and other closing conditions.
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