O3 Mining Cheers Osisko’s Lucrative Acquisition by Gold Fields
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O3 Mining Cheers Osisko’s Lucrative Acquisition by Gold Fields

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O3 Mining (TSE:OIII) has released an update.

O3 Mining Inc. has expressed congratulations to its largest shareholder, Osisko Mining Inc., on its recent acquisition by Gold Fields Limited for C$2.16 billion, a deal that includes a significant premium on Osisko’s share price. O3 Mining, which holds 20.7% of its shares through Osisko, is optimistic about future collaborations with Gold Fields post-transaction.

For further insights into TSE:OIII stock, check out TipRanks’ Stock Analysis page.

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