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O3 Mining Divests Louvem Property for Cash Plus Royalty
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O3 Mining Divests Louvem Property for Cash Plus Royalty

O3 Mining Inc (TSE:OIII) has released an update.

O3 Mining Inc. has successfully sold its entire stake in the Louvem Property to Eldorado Gold for C$80,000 in cash and will retain a 0.5% Net Smelter Return royalty. The property, located in Val-d’Or, Québec, was fully acquired by O3 Mining through previous transactions with Monarch Gold Corporation. O3 Mining, a budding gold explorer and developer, continues its journey towards gold production with the backing of a skilled industry team.

For further insights into TSE:OIII stock, check out TipRanks’ Stock Analysis page.

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