OTC-BB:OIIIF

O3 Mining Announces Election to Issue Common Shares in Satisfaction of Convertible Debenture Interest Obligation

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Tuesday, December 19, 2023

Indian stock exchange, Debenture, Corporation, TSX Venture Exchange, OIII, Security (finance)

TORONTO, Dec. 19, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") announces that in accordance with the terms of the senior unsecured convertible debenture issued on June 19, 2023 (the "Debenture"), it has elected to issue 150,721 common shares (the "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 respect of the December 19, 2023 interest payment on the Debenture.

Key Points:

TORONTO, Dec. 19, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") announces that in accordance with the terms of the senior unsecured convertible debenture issued on June 19, 2023 (the "Debenture"), it has elected to issue 150,721 common shares (the "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 respect of the December 19, 2023 interest payment on the Debenture.
Pursuant to the Debenture, O3 Mining shall have the right, subject to the approval of the TSX Venture Exchange and other conditions set out in the Debenture, to elect to satisfy up to 50% of its interest obligation in respect of any interest period by the issuance of common shares of the Corporation at a price per share equal to the greater of (i) the volume weighted average price of the Corporation's common shares on the TSX Venture Exchange during the ten consecutive trading days ending on the trading day immediately precedent the applicable interest payment date, and (ii) the minimum price permitted by the TSX Venture Exchange.
The issuance of the Common Shares as payment in part for the interest owing on the Debenture will be subject to the terms and conditions of the Debenture as well as the receipt of all requisite approvals, including the approval of the TSX Venture Exchange.

O3 Mining Upsizes Previously-Announced Non-Brokered Private Placement Up To C$18.5 Million

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Friday, December 1, 2023

Sale, Indian stock exchange, Flow-through share, TSX Venture Exchange, OIII, Oil Taxation Act 1975, NEWS, Tranche, Regulation, Income Tax Act, Offering, News, Security (finance), Life insurance, Corporation

The Tranche 1 FT Shares, Tranche 2 FT Shares and Tranche 3 FT Shares are, collectively, referred to herein as "Flow-Through Shares".

Key Points:

The Tranche 1 FT Shares, Tranche 2 FT Shares and Tranche 3 FT Shares are, collectively, referred to herein as "Flow-Through Shares".
The gross proceeds from the sale of the Flow-Through Shares will be used by the Corporation to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" (as both terms are defined in the Income Tax Act (Canada)) (the "Qualifying Expenditures") related to the Corporation's projects in Québec.
The net proceeds from the sale of the Hard Dollar Shares are expected to be used by the Corporation for working capital and general corporate purposes.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.

O3 Mining Announces C$9 Million Non-Brokered Private Placement of Common and Flow-Through Shares

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Monday, November 20, 2023

Sale, Indian stock exchange, TSX Venture Exchange, OIII, NEWS, Regulation, Income Tax Act, News, Life insurance, Security (finance), Corporation

The net proceeds from the sale of the Common Shares will be used by the Corporation for working capital and general corporate purposes.

Key Points:

The net proceeds from the sale of the Common Shares will be used by the Corporation for working capital and general corporate purposes.
The FT Shares and Common Shares will be offered on a private placement basis in each of the provinces and territories of Canada to investors who are exempt from prospectus requirements, and will be subject to a hold period of four months and one day in accordance with applicable securities laws in Canada.
The Offering remains subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the conditional approval of the TSX Venture Exchange.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.

O3 Mining Drill Results Confirm VMS Deposit Environment at Horizon Project

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Monday, November 13, 2023

TORONTO, Nov. 13, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that it has received the results of the two inaugural drill holes completed over the prospective Volcanogenic Massive Sulphide ("VMS") belt within the Horizon Project, in Val-d'Or, Québec, Canada ("Horizon" or the "Horizon Project").

Key Points:

TORONTO, Nov. 13, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that it has received the results of the two inaugural drill holes completed over the prospective Volcanogenic Massive Sulphide ("VMS") belt within the Horizon Project, in Val-d'Or, Québec, Canada ("Horizon" or the "Horizon Project").
O3 Mining's President and Chief Executive Officer, Mr. José Vizquerra commented: "We are very excited about the initial results at the Horizon Project that confirm the discovery of a fertile environment supporting a highly prospective VMS deposit.
The sizeable prospective belt within the Horizon Project and the multiple geophysical anomalies identified by O3 Mining have provided the fundamental elements that allow for the discovery of VMS deposits.
The next steps at the Horizon Project will consist of fence drilling to identify the prospective horizons in terms of VMS deposition or emplacement.

O3 Mining Recognized For Exemplary Sustainable Development Practices

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Thursday, November 9, 2023

Prospectors, Prospectors & Developers Association of Canada, Corporation, Mining, ESG, Certification, OIII, Corporate Knights, Investment, PDAC, Sustainable development, Management

TORONTO, Nov. 9, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is proud to announce the recognition it has received for its exemplary sustainable development practices.

Key Points:

TORONTO, Nov. 9, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is proud to announce the recognition it has received for its exemplary sustainable development practices.
Additionally, the Prospectors & Developers Association of Canada ("PDAC") has announced that O3 Mining will receive the 2024 PDAC Sustainable Development Award.
These awards of distinction reflect O3 Mining's unwavering commitment to responsible mining practices and innovative approaches to sustainable development.
Myrzah Bello, Vice President, Sustainable Development and Human Resources at O3 Mining, added: "These recognitions are possible thanks to the contribution and collaboration of our employees and partners, as well as the unwavering support of the Corporation's Board of Directors, which prioritizes sustainable development.

O3 Mining Completes Positive Metallurgical Testwork at Marban Alliance and Provides Corporate Updates

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Tuesday, August 29, 2023

Agreement, TSX Venture Exchange, QA/QC, Outside the Box, OIQ, Good, Corporation, National instrument, Box, Quality control, Policy, News, Security (finance)

Outside The Box's engagement is for an initial term of seven months and will commence on August 29, 2023 (the "Initial Term").

Key Points:

Outside The Box's engagement is for an initial term of seven months and will commence on August 29, 2023 (the "Initial Term").
There are no performance factors contained in the Agreement and Outside The Box will not receive common shares or options as compensation.
Outside The Box provides digital marketing services to small and medium-sized public companies headquartered in Toronto.
(OIQ #5053461), Vice-President, Projects of O3 Mining, who is a "qualified person" within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").

O3 Mining Reports Results from Upper Camflo Drill Program, Marban Alliance

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Thursday, August 24, 2023

OIII, Barrick Gold, Gold, Mining, Hyperaccumulators table – 2 : Nickel, Val-d'Or, Oil

TORONTO, Aug. 24, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that it has received the final results of its 1,806 metre drill program completed over the Upper Camflo area (North-West of the Kierens pit), within the Marban Alliance project, in Val-d'Or, Québec, Canada.

Key Points:

TORONTO, Aug. 24, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that it has received the final results of its 1,806 metre drill program completed over the Upper Camflo area (North-West of the Kierens pit), within the Marban Alliance project, in Val-d'Or, Québec, Canada.
O3 Mining drilled eight holes for a total of 1,806 metres over the Upper Camflo area along the up-dip extension of a gold-bearing structure identified during the compilation of historical exploration drilling completed by Barrick Gold on the former Camflo mine.
The Upper Camflo drill program tested an area of 800 metres along strike for near surface gold mineralization near the border of the property.
Over the course of the 2021-2022 drill program, a total of 6,338 metres in 2 drill holes and 3 wedges were drilled on the Camflo Extension.

O3 Mining Publishes 2022 ESG Report

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Tuesday, July 25, 2023

OIII, Health, Geology, Corporation, Exploration, Gold, Senior management, Certification, First Nations, ESG, Sustainable development, Cryptocurrency, Management, Safety, Environment

TORONTO, July 25, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is proud to announce it has published its 2022 environmental, social and governance ("ESG") report outlining the Corporation's sustainable development framework and its performance and practices.

Key Points:

TORONTO, July 25, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is proud to announce it has published its 2022 environmental, social and governance ("ESG") report outlining the Corporation's sustainable development framework and its performance and practices.
In the 2022 report, the Corporation's ESG results can be compared to the 2021 ESG performance indicators.
Myrzah Bello, Vice President of Sustainable Development and Human Resources of O3 Mining commented, "Our accomplishments in 2022 demonstrate that we are developing our activities responsibly.
The 2022 ESG report is the third annual ESG report published by O3 Mining and is designed to provide stakeholders O3 Mining's progress as it continues to work towards its ESG goals.

O3 Mining Intersects 33.3 g/t Au over 3.4 Metres at Hygrade Fold, Marban Alliance

Retrieved on:

Tuesday, July 18, 2023

OIII, Orion, Malartic, Gold, Val-d'Or, Oil, Road

Located between the recently-released Malartic H resource area and the Marban Alliance pre-feasibility study resource area, the Hygrade Fold area delivers encouraging results".

Key Points:

Located between the recently-released Malartic H resource area and the Marban Alliance pre-feasibility study resource area, the Hygrade Fold area delivers encouraging results".
The campaign on Zone 341 consisted of three follow-up drill holes from an intercept in hole O3MA-22-341 which returned 5.7 g/t Au over 7.6 metres (See news release of O3 Mining dated September 13, 2022 and entitled " O3 Mining Intersects 20.5 g/t Au over 2.2 Metres Including 73.5 g/t Au over 0.6 Metres at Hygrade Fold, Marban Engineering") .
Hole O3MA-23-499 indicates that 4.2 metres of mineralized material at 2.2 g/t Au remains below the historical mining stope.
Only intercepts above 5.0 g/t Au*metres are reported, cut-off 0.3 g/t Au and above 200 metres from surface.

O3 Mining Provides Update On The Marban Project In The Val-d'Or-Malartic Region

Retrieved on:

Tuesday, June 27, 2023

The Corporations flagship project, Marban Engineering, will be re-named the Marban Alliance project, and the project previously referred to as Marban Regional, covering broader regional exploration properties, will be re-named the Horizon project.

Key Points:

The Corporations flagship project, Marban Engineering, will be re-named the Marban Alliance project, and the project previously referred to as Marban Regional, covering broader regional exploration properties, will be re-named the Horizon project.
The Marban Engineering project becomes the Marban Alliance project, which is at the advanced Development Stage (See Figure 1 & 2).
O3 Mining has optimization studies underway to enhance the technical, environmental and economic aspects of the Marban Alliance project.
O3 Mining is convinced that the Marban Alliance project is a continuation of the rich mining history within the Val-d'Or–Malartic region.