OceanaGold Receives $30M for Sale of the Blackwater Project

June 24, 2024

VANCOUVER, BC, June 24, 2024 /PRNewswire/ – OceanaGold Corporation (TSX:OGC) (OTCQX: OCANF) (“OceanaGold” or the “Company”) confirms it has completed the previously announced sale of the Company’s interest in the Blackwater project in New Zealand following the receipt of all required regulatory approvals and satisfaction of all closing conditions. As consideration for the sale, OceanaGold received $30 million in cash and expects to record an after-tax accounting gain of approximately $10 million in the second quarter.

Read more at prnewswire.com

Related news for (OCANF)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.