O3 Mining (TSX.V: OIII)
Issued a new release as a result of a continuous disclosure review by the Ontario Securities Commission, to clarify its disclosure regarding certain statements made in an interview conducted at the Québec Mining Conference (2021).
|TSX.v : Olll
|C$106 m @ C$1.45
O3 Mining Issues Clarification on Previous Technical Disclosure
TSXV:OIII | OTCQX:OIIIF – O3 Mining
TORONTO,March 31, 2023/CNW/ –O3 Mining Inc.(TSXV: OIII) (OTCQX: OIIIF) (“O3 Mining” or the “Company”) is issuing this new release as a result of a continuous disclosure review by the Ontario Securities Commission, to clarify its disclosure regarding certain statements made in an interview conducted at the Québec Mining Conference (2021).
The Company wishes to retract the statement it made at the Conference about having “400,000 oz according to our PEM category”, as such statement does not comply with the disclosure requirements of National Instrument 43-101 –Standards of Disclosure for Mineral Projects(“NI-43-101“). The Company intended to disclose the volume drilled at a distance of 160 metres.
However, the Company’s retracted disclosure about a “PEM category” (potential economic material category) did not use the appropriate categories of mineral resources (i.e., inferred, indicated and measured mineral resources) prescribed by the Canadian Institute of Mining, Metallurgy and Petroleum and required under Section 1.2 of NI 43-101. The Company advises readers not to rely on such retracted disclosure.
About O3 Mining Inc.
O3 Mining Inc., an Osisko Group company, is a gold explorer and mine developer on the road to produce from its highly prospective gold camps in Québec,Canada. O3 Mining benefits from the support, previous mine-building success, and expertise of the Osisko team as it grows towards being a gold producer with several multi-million-ounce deposits in Québec.
O3 Mining is well-capitalized and owns a 100% interest in all its properties (66,000 hectares) in Québec. O3 Mining trades on the TSX Venture Exchange (TSXV: OIII) and OTC Markets (OTCQX: OIIIF). The Corporation is focused on delivering superior returns to its shareholders and long-term benefits to its stakeholders. Further information can be found on our website athttps://o3mining.com
City Investors Circle is based in the financial district in the City of London
We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.
Our audience is selected and invited individually to ensure interest and relevance for the presenting company.
Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.
We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.
If you wish to present to our select group of active mining investors, please email email@example.com
This website is not sponsored, we are truly independent, and will always remain so.
Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.
All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.
These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.
At the time of writing the author holds shres in O3 Mining