OceanaGold Receives $30M for Sale of the Blackwater Project
www.oceanagold.com
June 24, 2024 News Release
OceanaGold Receives $30M for Sale of the Blackwater Project
(VANCOUVER) 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.
For further information please contact:
Investor Relations:
Rebecca Harris, Director, Investor Relations
Tel: +1 604-678-4095
Media Inquiries:
Louise Burgess, Director, Communications
Tel: 1 (604) 403-2019