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O2Gold Enters Into Settlement to Return Machuca Project

O2Gold Enters Into Settlement to Return Machuca Project

O2Gold Enters Into Settlement to Return Machuca Project
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O2Gold Closes Acquisition of Colombian Gold Project

O2Gold Inc. (“ O2Gold” or the “ Company”) (TSXV: OTGO) is pleased to announce that it has closed its previously announced acquisition of a gold mining project in Colombia known as the “Otu Central Project” (the “ Acquisition”). The Otu Central Project consists of interests in 26 mining claim titles and applications in the Segovia/Zaragoza regions of Antioquia in Colombia (collectively, the “ Assets”). For more information about the Acquisition, please see the Company’s press releases dated October 28, 2020, November 30, 2020 and December 11, 2020, which are available under the Company’s SEDAR profile at www.sedar.com. Terms of the Acquisition Share Purchase Agreement”), entered into with Bullet Holding Corp. (“

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