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Copper Mountain Mining Corporation T.CUM


Primary Symbol: CPPMF

Copper Mountain Mining Corp is a copper producer, developer and explorer. Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces over 90 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. The company also has the development stage Eva Copper Project in Queensland, Australia.


OTCPK:CPPMF - Post by User

Post by samsonr20on May 13, 2022 11:13am
261 Views
Post# 34681581

Price paid for Eva.....clear as mud...can anyone translate?

Price paid for Eva.....clear as mud...can anyone translate?Vancouver, British Columbia – April 18, 2018 – Copper Mountain Mining Corporation (TSX: CMMC, ASX: C6C) (“Copper Mountain” or the “Company”) is pleased to announce the closing of its acquisition of Altona Mining Limited (“Altona”). As part of the acquisition, the Company issued 0.0974 of a Copper Mountain share for each Altona ordinary share, resulting in a total of 53,538,984 Copper Mountain common shares being issued, of which 44,368,605 will trade as CHESS Depository Instruments on the Australian Stock Exchange under the symbol C6C. As a result of the acquisition, Copper Mountain has now added to the Copper Mountain Group 100% of Altona’s assets which include $30 million in cash, a permitted development project in Queensland, Australia and a large mineral land tenure position in a highly prospective area in Queensland, Australia, a mining friendly jurisdiction.
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