Alta Copper Corp. T.DNT

Primary Symbol: T.ATCU

Metals & Mining Copper

ALTA COPPER CORP. IS AN EMERGING COPPER DEVELOPER ADVANCING WITH THE GLOBAL SHIFT TOWARD ELECTRIFICATION AND DECARBONIZATION. Alta Copper Corp. is focused on the development of its 100% owned Cañariaco advanced staged copper project. Cañariaco comprises 97 square kilometers of highly prospective land located 150 kilometers northeast of the City of Chiclayo, Peru, which include the Cañariaco Norte deposit, Cañariaco Sur deposit and Quebrada Verde prospect, all within a 4km NE-SW trend in northern Peru¿s prolific mining district. Cañariaco is one of the largest copper deposits in the Americas not held by a major.

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Alta Copper Corp.

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Post by cadavalon Mar 09, 2023 2:18pm

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Post# 35328706

Vivien the farm away who cares about S.H.

NASCENT EXPLORATION PTY LTD. ANNOUNCES INCREASED INVESTMENT IN CANDENTE COPPER CORP.

Tue, March 7, 2023 at 6:07 p.m. EST ·2 min read

In this article:

PERTH, Australia, March 7, 2023 /CNW/ - Nascent Exploration Pty Ltd. ("Nascent"), a wholly owned subsidiary of Fortescue Metals Group Ltd. (Fortescue) has completed a private placement investment (the "Private Placement") into Candente Copper Corp. (TSX: DNT) (BVL: DNT) (US: CCOUF) ("Candente") on February 2, 2023.

Pursuant to the Private Placement, Candente issued to Nascent an aggregate of 22,222,222 common shares ("Shares") at a price of $0.18 per Share for a total purchase price of $4,000,000.

Prior to the completion of the Private Placement, Nascent owned 52,900,000 Shares, representing 19.4% of the outstanding Shares on a non-diluted basis, and 18.2% on a fully diluted basis. Upon completion of the Private Placement, Nascent now holds 75,122,222 Shares, representing 25.4% (an increase of 6.0%) of the outstanding Shares on a non-diluted basis and 23.4% (an increase of 5.2%) on a fully diluted basis.