Bullboard - Stock Discussion Forum O3 Mining Inc V.OIII

Alternate Symbol(s): OIIIF

Metals & Mining Gold

O3 Mining Inc. is a Canada-based gold explorer and mine developer from its prospective gold camps in Quebec, Canada. The Company owns a 100% interest in all its properties (127,100 hectares) in Quebec. Its projects include Marban Alliance, Horizon, Alpha, Launay, Peacock, Regcourt, Kinebik, and Lac Esther. The Marban Alliance property is located in the western portion of the province of Quebec,... see more

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TSXV:OIII - Post Discussion

O3 Mining Inc > The Sale of Matachewan and Wydee Properties

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Post by Betteryear2 on Jul 11, 2024 7:54pm

The Sale of Matachewan and Wydee Properties

TORONTO, July 11, 2024 /CNW/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that it has closed a transaction to sell a 100% interest in its Matachewan and Wydee Properties, located within 10 kilometres distance to the Young-Davidson Mine of Alamos Gold Inc. ("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 production from the claims constituting the Matachewan and Wydee properties.

O3 Mining Announces the Sale of Matachewan and Wydee Properties to Alamos Gold (newswire.ca)

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