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OGC OceanaGold Corporation

3.15
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
OceanaGold Corporation TSX:OGC Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.15 3.15 3.18 0 01:00:00

OceanaGold Receives $30M for Sale of the Blackwater Project

24/06/2024 12:00pm

PR Newswire (Canada)


OceanaGold (TSX:OGC)
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VANCOUVER, BC, June 24, 2024 /CNW/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") confirms it has completed the previously announced sale of the Company's interest in the Blackwater project in New Zealand following the receipt of all required regulatory approvals and satisfaction of all closing conditions. As consideration for the sale, OceanaGold received $30 million in cash and expects to record an after-tax accounting gain of approximately $10 million in the second quarter.

OceanaGold logo (CNW Group/OceanaGold Corporation)

About OceanaGold

OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/oceanagold-receives-30m-for-sale-of-the-blackwater-project-302179991.html

SOURCE OceanaGold Corporation

Copyright 2024 Canada NewsWire

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