TSXV:OIII | OTCQX:OIIIF - O3 Mining

TORONTO, March 11, 2024 /CNW/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that it has completed the sale of its Louvem Property to Eldorado Gold (Québec) Inc. ("Eldorado Québec"). O3 Mining has agreed to sell to Eldorado Québec a 100% interest in its Louvem Property located in Val-d'Or, Québec, Canada, in exchange for cash consideration of C$80,000 and the retention by O3 Mining of a 0.5% Net Smelter Return ("NSR") royalty payable to the Corporation on all metal production from the claims constituting the Louvem Property ("Louvem NSR").