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Bullboard - Stock Discussion Forum Marimaca Copper Corp T.MARI

Alternate Symbol(s):  MARIF

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... see more

TSX:MARI - Post Discussion

Marimaca Copper Corp > Great! Another financing
View:
Post by Woodman601 on Mar 02, 2021 12:00pm

Great! Another financing

MARIMACA COPPER CORP. (CA:MARI)
Last 4.46
Change -0.24 | -5.11%
Bid (size) 4.46 (200)
Ask (size) 4.49 (700)
Volume 35,205
Open 4.51
High 4.69
Low 4.35
as of 11:56:49 ET Mar 02, 2021
Comment by micromike on Mar 02, 2021 4:22pm
Well they had a base shelf prospectus for 100Mil. They used some of it up. I'm not sure how they figure out the 100Mil. Do the warrants count towards the 100Mil? They are in the money now so if they do get exercise then more money for the company. If the warrants don't count then have about 60Mil they can raise. Let’s see if they do it in the future and if they give themselves another ...more  
Comment by Skater on Mar 02, 2021 4:30pm
Correct me if I'm wrong, but isn't this the same private placement and commission shares announced last week?  This is just announcing it closed.  In addition Greenstone exercised their preemptive rights (I would view this as positive) Tembo did not.
Comment by grossmrkup on Mar 02, 2021 4:47pm
You are correct Skater
Comment by Woodman601 on Mar 02, 2021 5:34pm
You are correct I was being facetious when I seen the share price plummeting. 
Comment by Seahawks16 on Mar 02, 2021 10:45pm
Hey woodman, you should change your name to funnyman! 
Comment by fundinvestor on Mar 03, 2021 5:04am
Good that this is all settled now. I don't think anyone can deny that the recent share price rise is linked to the company now being fully funded.  The brokers can't play their games now. Can't hold back buying interest, so to push into an equity raising. And the rest of it. Can now get on with the work. Great!
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