First Quantum Minerals Ltd T.FM

Alternate Symbol(s): FQVLF

Metals & Mining Copper

First Quantum Minerals Ltd. is a mining company. The Company produces copper in concentration, copper anode, copper cathode, nickel, gold, zinc, silver, cobalt, acid and pyrite. It has operating mines located in Zambia, Turkiye and Mauritania. The Company’s principal activities include mineral exploration, mine engineering and construction, and development and mining operations. Its projects include Kansanshi, Cobre Panama, Sentinel, Enterprise, Las Cruces, Guelb Moghrein, Cayeli, Ravensthorpe, and Pyhasalmi. Its development projects include Haquira, Taca Taca, and La Granja. Taca Taca, located in the Salta province of Argentina, consists of an open-pit copper mine and ore processing plant that produces up to 275 kilotons(kt) of copper per year along with gold and molybdenum by-products. La Granja is located in the district of Querocoto in the northern region of Cajamarca, Peru, approximately 90 kilometers northeast of Chiclayo. Haquira is located in the Apurimac region of Peru.

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First Quantum Minerals Ltd

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Post by Betteryear2on Feb 29, 2024 8:08pm

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Post# 35908046

CLOSING OF $1,150 MILLION BOUGHT DEAL OFFERING

(In United States dollars, except "C$" for Canadian dollars where noted)

TORONTO, Feb. 29, 2024 /CNW/ - First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX: FM) announced today that it has completed the previously-announced bought deal offering of common shares of the Company (the "Equity Offering"). First Quantum issued 139,932,000 common shares (including 18,252,000 common shares issued pursuant to the exercise in full of the underwriters' over-allotment option) at a price of C$11.10 per common share for aggregate gross proceeds of C$1,553,245,200 (approximately $1,150 million).

FIRST QUANTUM ANNOUNCES CLOSING OF $1,150 MILLION BOUGHT DEAL OFFERING, CLOSING OF $1,600 MILLION SENIOR SECURED SECOND LIEN NOTES OFFERING AND UPDATE ON COMPREHENSIVE REFINANCING (newswire.ca)