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OceanaGold Announces Sale of the Blackwater Project for US$30M

Newswire.ca - Wed Jan 31, 6:00AM CST

VANCOUVER, BC, Jan. 31, 2024 /CNW/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") is pleased to announce the execution of a Sale and Purchase Agreement ("SPA") with Tasman Mining Limited ("Tasman"), a wholly owned subsidiary of Federation Mining Inc. ("Federation"), to acquire OceanaGold's interest in the Blackwater project in New Zealand. The execution of the SPA follows the receipt of formal notice from Tasman to exercise its exclusive option on Blackwater, which has been held under a Project Deed since July 2018.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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