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O3 Mining Announces Sale Of Garrison Project and Partnership with Moneta Porcupine to Develop Timmins Gold Camp
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TORONTO, Jan. 14, 2021 /PRNewswire/ -
O3 Mining Inc. (TSX.V: OIII) (OTCQX: OIIIF) ( O3 Mining or the Corporation ) is pleased to announce that it has entered into a definitive share purchase agreement with Moneta Porcupine Mines Inc. (TSX: ME) (OTC: MPUCF) (
Moneta ), pursuant to which it has agreed to sell its wholly-owned subsidiary, Northern Gold Mining Inc. (
Northern Gold ), in exchange for 149,507,273 common shares of Moneta (
Moneta Shares ), representing 30.1% of the outstanding Moneta Shares (the
Transaction ). Northern Gold owns 100% of the Golden Bear assets, including the Garrison gold project ( ....

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