Agnico Eagle Mines and O3 Mining are pleased to jointly announce that they have entered into a definitive support agreement, pursuant to which Agnico Eagle has agreed to offer to acquire, directly or indirectly, all of the outstanding common shares of O3 Mining at $1.67 per Common Share in cash by way of a take-over bid. The Offer is valued at [...]
O3 Mining is pleased to announce the start of an 8,000-metre drill campaign at the Cameron and Florence sectors of the Kinebik Project. The Corporation mobilized two drill rigs to initiate the drill campaign. O3 Mining's President and Chief Executive Officer, Mr. José Vizquerra commented: "This exploration program represents the first drilling [...]
O3 Mining is pleased to announce that it has received the third and final set of assay results from its 28,868 metre drilling campaign completed between Jan 2024 and August 2024 on the Malartic H deposit within the Marban Alliance project. Highlights: 30.0 g/t Au over 3.0 metres in hole O3MA-24-707 at a vertical depth of 241.4 metres, including 101 [...]
O3 Mining is pleased to announce the acquisition of the Lac Esther property from Midland Exploration. The Kinebik Project continues to be an important property for O3 Mining as it forms an integral part of the core exploration strategy and the acquisition of the Lac Esther Property will enable the Corporation to further consolidate its presence in [...]
O3 Mining announces that it will be completing a preliminary economic assessment on the Corporation's flagship Marban Alliance project. The Corporation has engaged G Mining Services. as the lead consultant for the PEA, which will be prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. O3 Mining [...]
O3 Mining announces that, in connection with its private placement of flow-through units that closed on Oct 3, 2024, it has issued 40,000 flow-through units at a price of $1.92 per FT Unit for gross proceeds of $76,800, on a non-brokered private placement basis, following the exercise of participation rights by the Corporation's strategic investor [...]
O3 Mining is pleased to announce that the TSXV has accepted the Corporation's notice to implement a normal course issuer bid to purchase, for cancellation, up to 8,252,733 of its common shares, representing approximately 10% of the Corporation's "public float". The Corporation has received approval from the Exchange to commence the NCIB on October [...]
O3 Mining announces that it has entered into certain agreements for marketing consulting, promotional or market-making services, as more particularly described below. Spark Agreement The Corporation has entered into a marketing consulting services agreement with Spark Newswire pursuant to which, among other things, Spark is to provide certain [...]
O3 Mining announces that, effective Sept 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 third quarter of 2024. To that end, directors of the Corporation may elect, from time to time, to receive all or [...]
O3 Mining is pleased to announce the successful completion of a non-brokered private placement of flow-through units at a price of $1.92 per Flow-Through Unit for gross proceeds of approximately $1.4 million. Each Flow-Through Unit consists of one common share of the Corporation and one-half of one common share purchase warrant, each of which will [...]
O3 Mining is pleased to announce a proposed transaction with SOQUEM pursuant to which the Corporation will acquire the Desjardins property. The Kinebik Project is an important property for the Corporation as it forms an integral part of the Corporation's core exploration strategy and the acquisition of the Desjardins Property will enable the [...]
O3 Mining announces, further to its news release dated June 19, 2023 and entitled "O3 Mining Announces C$10 Million Convertible Debenture Placement", that it has issued to its strategic investor 500,000 units of the Corporation at an issue price of $1.10 per Unit for gross proceeds of $550,000. The strategic investor exercised its participation [...]