O3 Mining Issues DSUs for Director Fees

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

O3 Mining Inc. has issued 6,679 deferred share units (DSUs) to its directors as part of their compensation for Q2 2024, allowing the directors to receive fees in DSUs instead of cash, based on a market price of $1.31 per share. The initiative aligns with the company’s compensation policy, which permits directors to choose between cash payments and DSUs. O3 Mining is a gold exploration company aiming to become a gold producer in Québec, supported by a strong team and full ownership of its properties.

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