Alta Copper Corp T.ATCU

Alternate Symbol(s): ATCUF

Metals & Mining Copper

Alta Copper Corp. is a Canada-based copper developer, which is engaged in the acquisition, exploration and development of mineral rights interests. The Company is focused on the development of its 100% owned Canariaco advanced staged copper project. The Canariaco Copper Project is an advanced stage porphyry copper exploration and development project located in Northern Peru. Canariaco comprises about 97 square kilometers of highly prospective land located about 102 kilometers (km) northeast of the City of Chiclayo, Peru, which includes the advanced stage Canariaco Norte deposit, Canariaco Sur deposit and Quebrada Verde prospect, all within a four km NE-SW trend in northern Peru’s mining district. The Company also holds other earlier stage base metal properties located in Peru and Canada. Its other projects include Don Gregorio property, Arikepay Copper-Gold Porphyry Discovery, and Canyon Creek property. Don Gregorio property is a copper-gold porphyry target located in northern Peru.

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Alta Copper Corp > 25% participation shows interest and is not an expression of

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Comment by swpbon Jan 08, 2023 3:41am

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Post# 35209395

RE:RE:RE:25% participation shows interest and is not an expression of

nizza wrote:
As far as I know, only a 33% stake has the possibility of a blocking minority under Canadian stock

corporation law.

In Germany, this would already be the case from 25%. Please correct if I'm wrong.

In this respect, a Fortescue stake of 25% would not be a real problem.

However, after this capital increase, I would finally like to see the completion of the Canariaco

project, so that the project can finally be put up for sale.

At Canariaco we have had a 23 year development period so far.

That is well above average.

I dont want to be disrespectful with the numbers. The Candente Shareholder Rights Plan talks about 25%, no mention of 33%. The Shareholder Rights Plan was in the Candente web site 2 days ago and is now gone, or I can't find it. The SEDAR version is still there and it says 25%. Something is fishy here and there is a lot of money at stake.

You are right 23 years of development with Ms Freeze and it is not happening. Perhaps the mgmt has given up and is going to sell out the shareholders for their fistful of dollars. Guilo has had prior examples of similar activities as one of the other posters has mentioned.

It all smells! VOTE NO

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