O3 mining to buyback up to ~4.5M common shares

Sep. 28, 2021 4:43 PM ETO3 Mining Inc. (OIIIF), OIII:CABy: Ravikash, SA News Editor
  • O3 Mining (OTCQX:OIIIF) will buyback up to 4.48M common shares, representing ~10% of the public float, for cancellation.
  • The company received approval from the The TSX Venture Exchange to begin the normal course issuer bid on October 1, 2021 and continue to Sept. 30, 2022 or earlier.
  • O3 Mining's management believes that the shares have been trading in a price range which does not adequately reflect their value and that the purchase is in the best interests of the company, a desirable use of its available cash, and will enhance shareholder value in general.

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