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Copper|Design|Engineering|Exploration|PROJECT
Copper|Design|Engineering|Exploration|PROJECT
copper|design|engineering|exploration|project

Marimaca Copper raises A$80m in oversubscribed placement

8th September 2025

By: Creamer Media Reporter

     

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Toronto-listed Marimaca Copper said on Friday it had secured A$80-million through a brokered placement in Australia and select jurisdictions outside Canada, adding new institutional investors to its register.

The company issued 8.25-million Chess Depositary Interests at A$9.70 each, with demand exceeding the targeted amount, it said. Completion of the placement is expected around September 11, subject to regulatory approvals, including from the TSX.

Proceeds will fund exploration at the Pampa Medina project and the Marimaca sulphide target, detailed design and engineering work for the Marimaca Oxide Deposit (MOD), and general corporate purposes.

Marimaca is developing its flagship copper project in Chile’s Antofagasta region, where it also controls more than 15 000 ha of exploration ground, including the Sierra de Medina property 25 km from the MOD.

Edited by Creamer Media Reporter

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