OceanaGold Announces Sale of the Blackwater Project for US$30M
Under the terms of the SPA, OceanaGold is to receive US$30 million in cash upon closing of the transaction. The SPA is subject to a number of conditions including regulatory approval and is expected to close in 2024. For further details and background on the Blackwater option see the Company’s most recent AIF (Section 11.4 Other Projects).
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.
Swiss Resource Capital AG
Poststrasse 1
CH9100 Herisau
Telefon: +41 (71) 354-8501
Telefax: +41 (71) 560-4271
http://www.resource-capital.ch
Director, Investor Relations
Telefon: +1 (604) 678-4095
E-Mail: ir@oceanagold.com
CEO
Telefon: +41 (71) 3548501
E-Mail: js@resource-capital.ch
Telefon: +41 (71) 354-8501
E-Mail: mo@resource-capital.ch
