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.