O3 Mining Announces Election to Issue Common Shares in Satisfaction of Convertible Debenture Interest Obligation
TSXV:OIII| OTCQX:OIIIF – O3 Mining
TORONTO, Dec. 19, 2023 /PRNewswire/ – O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) (“O3 Mining” or the “Corporation”) announces that in accordance with the terms of the senior unsecured convertible debenture issued on June 19, 2023 (the “Debenture”), it has elected to issue 150,721 common shares (the “Common Shares”) at a price of C$1.66 per Common Share as payment for, and for the satisfaction of, C$250,000, representing 50% of the total interest due and payable by the Corporation in respect of the December 19, 2023 interest payment on the Debenture.
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