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O3 Mining Announces Closing of Share Issuance

Newswire.ca - Fri Aug 30, 4:00PM CDT

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TSXV:OIII - O3 Mining

TORONTO, Aug. 30, 2024 /CNW/ - O3 Mining Inc. (TSXV: OIII) ("O3 Mining" or the "Corporation") 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 (each, a "Unit") at an issue price of $1.10 per Unit for gross proceeds of $550,000. The strategic investor exercised its participation right to subscribe, on a private placement basis, for Units on the same terms and conditions as Units issued under the public offering, which closed on August 28, 2024.

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