O3 Mining Grants Security-Based Compensation For 2024

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TSXV:OIII - O3 Mining

TORONTO, Dec. 23, 2024 /CNW/ - O3 Mining Inc. (TSXV:OIII.VN) (OTCQX:OIIIF) ("O3 Mining" or the "Corporation") announces its ordinary course security-based compensation awards for the year ended December 31, 2024. Effective December 23, 2024, the Corporation has granted to certain officers, directors and/or employees of the Corporation an aggregate of (i) 878,817 restricted share units of the Corporation ("RSUs"), and (ii) 230,750 deferred share units of the Corporation ("DSUs"). The RSUs will vest in their entirety over three years from the date of grant, with one-third of the RSUs vesting on each of the first, second and third anniversaries of the date of grant. The DSUs will vest in accordance with the Corporation's DSU plan.