Marimaca Copper Corp. has announced an A$80,000,000 placement, issuing 8,247,423 Chess Depositary Interests (CDIs) at a price of A$9.70 per CDI. The funds raised will be utilized for detailed design and engineering work at the Marimaca Oxide Deposit $(MOD)$, as well as for exploration at the Pampa Medina Project and Marimaca sulphide target. The company has secured support from high-quality investors, allowing it to advance into the next phase of its development and exploration plans. Macquarie Capital (Australia) Limited, Euroz Hartleys Limited, and Beacon Securities Limited are acting as joint lead managers for this placement. An indicative timetable has been set, with trading on the ASX expected to resume shortly after the placement.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marimaca Copper Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9523925-en) on September 05, 2025, and is solely responsible for the information contained therein.
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