OceanaGold Receives $30M for Sale of the Blackwater Project
24 Giugno 2024 - 1:00PM
PR Newswire (Canada)
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.
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.
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SOURCE OceanaGold Corporation
Copyright 2024 Canada NewsWire
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