O3 Mining Files Early Warning Report in Respect of Cartier Resources Inc.

TORONTO, April 21, 2022 (GLOBE NEWSWIRE) -- O3 Mining Inc. (TSX.V: OIII; OTCQX: OIIIF) ("O3 Mining" or the "Corporation") announces that it has filed an early warning report in respect of its holdings in Cartier Resources Inc. ("Cartier"). On April 21, 2022, O3 Mining acquired an aggregate of 46,273,265 newly issued common shares of Cartier ("Cartier Shares"), having a deemed value of $0.145 per Cartier Share, representing aggregate consideration of approximately $6.7 million, based on the closing price of the Cartier Shares on the TSX Venture Exchange as of April 20, 2021 (the "Transaction").

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