Marimaca Copper Corp T.MARI

Alternate Symbol(s): MARIF

Metals & Mining Copper

Marimaca Copper Corp. is a Canada-based exploration and development company focused on base metal projects in Chile. The Company’s principal asset is the Marimaca Copper Project, located in the Antofagasta Region of northern Chile. The Marimaca Copper Project is situated at a low altitude in Chile’s Coastal Copper Belt, 25 kilometers (km) east of the port of Mejillones and 45 km north of Antofagasta, Marimaca has access to water and power, road and rail networks supplying sulphuric acid and other consumables, as well as deepwater ports. The Marimaca Copper Project comprises a set of concessions (the 1-23 Claims), properties 100% owned and optioned by the Company, combined with the adjacent La Atomica and Atahualpa claims, over which Marimaca Copper has the right to explore and exploit resources. This area is referred to as the Marimaca District.

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Marimaca Copper Corp

Bullboard Posts

Comment by Nazarbazon Sep 20, 2015 9:51am

206 Views

Post# 24119688

RE:25% interest plus big dilution at 4 cents?

This is effectively selling shares @3.2c which is a premium to the market. In addition Coro is receiving call options on its own shares from Green stone. Managment seem to have knocked many doors before succeeding with this financing.
Raising money for a Cu project while a fifth of global production is in red is commendable.

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