OTCPK:CPPMF - Post by User
Post by
samsonr20on May 13, 2022 11:13am
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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.