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O3 Mining Announces Corporate Updates

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O3 Mining Inc. (OTCQX: OIIIF) has appointed Elijah Tyshynski as its new Chief Financial Officer, effective September 1, 2022. He replaces Blair Zaritsky, who remains as an advisor. Tyshynski has extensive experience, including roles at Osisko and Morgan Stanley, and is expected to help further O3 Mining's objectives. The company, which focuses on gold exploration in Québec, is well-capitalized with 66,000 hectares of properties and aims to deliver superior returns to shareholders.

Positive
  • Elijah Tyshynski's extensive experience in international capital markets and project financing may enhance O3 Mining's strategic initiatives.
  • The company holds a 100% interest in 66,000 hectares of gold properties in Québec, indicating strong asset backing.
Negative
  • None.

TSXV:OIII | OTCQX:OIIIF - O3 Mining

TORONTO, Sept. 1, 2022 /PRNewswire/ - O3 Mining Inc. (TSX.V: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce the appointment of Mr. Elijah Tyshynski as Chief Financial Officer ("CFO") of the Corporation, effective today, replacing Mr. Blair Zaritsky, who will remain as an Advisor to the Board of Directors of the Corporation and continue in his primary role as the CFO of Osisko Mining Inc. ("Osisko"). Mr. Tyshynski will be stepping down from the Board of Directors of O3 Mining effective today.

Jose Vizquerra, President, Director and CEO, commented: "We are very pleased to welcome Elijah Tyshynski as the full time CFO of O3 Mining. Mr. Tyshynski brings considerable experience in international capital markets and project financing, and will be an asset in helping advance the Corporation's goals. We thank Mr. Zaritsky for his invaluable contributions to O3 Mining."

Mr. Tyshynski brings two decades of experience working in international capital markets, including work specializing in emerging market currencies and debt. Formerly, he served as Director of Strategic Development for Osisko. Elijah also currently serves as the Lead Director for NewOrigin Gold Corp. 

Prior to working at Osisko, Mr. Tyshynski served as a Portfolio Manager for the Ontario Teachers' Pension Plan, and Director, Head of Trading, for the Standard Bank of South Africa, in Johannesburg, where he gained considerable exposure to infrastructure and commodity financing on the African continent. He was formerly a Vice President at Morgan Stanley & The Royal Bank of Canada in London, England. Mr. Tyshynski graduated from McGill University with a Bachelor of Arts degree in Economics.

The Board of Directors of O3 Mining wishes to thank Mr. Blair Zaritsky for his contributions to O3 Mining and look forward to continuing to work with Mr. Zaritsky his new role as an Advisor to the Board of Directors of the Corporation.

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/o3-mining-announces-corporate-updates-301616081.html

SOURCE O3 Mining Inc.

FAQ

Who is the new CFO of O3 Mining as of September 1, 2022?

Elijah Tyshynski is appointed as the new Chief Financial Officer of O3 Mining.

What prior experience does Elijah Tyshynski bring to O3 Mining?

Tyshynski has two decades of experience in international capital markets, including roles at Osisko and Morgan Stanley.

What is the focus of O3 Mining as a company?

O3 Mining focuses on gold exploration and development in Québec, Canada.

What is the significance of the 66,000 hectares O3 Mining owns?

The 66,000 hectares represent O3 Mining's complete ownership of its gold exploration properties, underscoring its asset strength.

O3 MINING INC

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