O3 Mining Grants Stock Options and Restricted Securities
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TORONTO, Jan. 25, 2021 /PRNewswire/ -
O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ( O3 Mining or the Corporation ) announces that it has granted to certain officers, directors, employees and/or consultants of the Corporation (i) an aggregate of 890,000 options to acquire common shares of the Corporation ( Options ), and (ii) an aggregate of 90,000 restricted share units of the Corporation ( RSUs ). The Options have an exercise price of $3.26 per share, have a five-year term from the date of grant, and vest annually in equal thirds beginning on the first anniversary of the date of grant. The RSUs are subject to a three-year cliff vesting period from the date of grant.
O3 Mining Announces Sale Of Garrison Project and Partnership with Moneta Porcupine to Develop Timmins Gold Camp
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TORONTO, Jan. 14, 2021 /PRNewswire/ -
O3 Mining Inc. (TSX.V: OIII) (OTCQX: OIIIF) ( O3 Mining or the Corporation ) is pleased to announce that it has entered into a definitive share purchase agreement with Moneta Porcupine Mines Inc. (TSX: ME) (OTC: MPUCF) (
Moneta ), pursuant to which it has agreed to sell its wholly-owned subsidiary, Northern Gold Mining Inc. (
Northern Gold ), in exchange for 149,507,273 common shares of Moneta (
Moneta Shares ), representing 30.1% of the outstanding Moneta Shares (the
Transaction ). Northern Gold owns 100% of the Golden Bear assets, including the Garrison gold project (
/PRNewswire/ - O3 Mining Inc. (TSXV: OIII) ("O3 Mining" or the "Corporation") announces that it has entered into a definitive property transfer agreement dated.