O3 Mining Provides Corporate Update

Rhea-AI Summary

O3 Mining Inc. (TSXV: OIII, OTCQX: OIIIF) has announced the appointment of Elijah Tyshynski as Corporate Secretary effective February 1, 2023. He will also continue his role as Chief Financial Officer. Lili Mance will step down from her position but will remain with Osisko Mining Inc. The company expresses gratitude for Mance's contributions. O3 Mining, a gold explorer and developer in Québec, Canada, is well-capitalized and holds a 100% interest in its properties covering 66,000 hectares. The organization is focused on maximizing shareholder returns and advancing its gold production goals.

Positive

• Elijah Tyshynski appointed as Corporate Secretary, indicating strategic leadership stability.
• O3 Mining remains well-capitalized, which supports its future growth prospects.
• The company owns 100% interest in its properties, enhancing shareholder value potential.

Negative

• None.

News Market Reaction – OIIIF

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In the trading session that priced this news, OIIIF gained 1.27%, reflecting a mild positive market reaction.

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TSXV: OIII | OTCQX: OIIIF - O3 Mining

TORONTO, Feb. 1, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that effective February 1, 2023, Elijah Tyshynski will be assuming the role of Corporate Secretary, in addition to his responsibilities as Chief Financial Officer. Lili Mance will be stepping down from the position and will continue in her primary role with Osisko Mining Inc.

On behalf of the Board and Management, O3 Mining would like to thank Ms. Mance for her support and contribution to the Corporation, and wishes her the best in her future endeavours.

About O3 Mining Inc.

O3 Mining Inc., an Osisko Group company, is a gold explorer and mine developer on the road to produce from its highly prospective gold camps in Québec, Canada. O3 Mining benefits from the support, previous mine-building success and expertise of the Osisko team as it grows towards being a gold producer with several multi-million-ounce deposits in Québec.

O3 Mining is well-capitalized and owns a 100% interest in all its properties (66,000 hectares) in Québec. O3 Mining trades on the TSX Venture Exchange (TSXV: OIII) and OTC Markets (OTCQX: OIIIF). The Corporation is focused on delivering superior returns to its shareholders and long-term benefits to its stakeholders. Further information can be found on our website at https://o3mining.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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SOURCE O3 Mining Inc.

FAQ

Who has been appointed as Corporate Secretary of O3 Mining?

Elijah Tyshynski has been appointed as Corporate Secretary effective February 1, 2023.

What is the current role of Elijah Tyshynski in O3 Mining?

Elijah Tyshynski continues his role as Chief Financial Officer while also becoming Corporate Secretary.

Why did Lili Mance step down from her position at O3 Mining?

Lili Mance is stepping down to continue her primary role with Osisko Mining Inc.

What is the focus of O3 Mining as a corporation?

O3 Mining focuses on gold exploration and development, aiming to become a gold producer.

What is the size of O3 Mining's properties in Québec?

O3 Mining owns 66,000 hectares of properties in Québec.