Streetbeat News

CSCCF

Capstone Copper Corp

https://capstonemining.com/home/default.aspx

CEO

Darren Pylot

Industry

Dimension Stone Mining and Quarrying

Open

6.27

Mkt cap

4.8B

Volume

2.1K

High

6.31

P/E Ratio

-42.07

52-wk high

8.49

Low

6.25

Div yield

N/A

52-wk low

4.41

Capstone Copper Corp. (OTC:CSCCF) has entered into a $375 million Canadian dollar financing deal with Orion Mine Finance, led by RBC Capital Markets, to support its Chilean expansion, particularly the Mantoverde Development Project (MVDP). The deal involves issuing 47,620,000 common shares at CA$6.30 each, aiming to increase copper production by over 40% and reduce operating costs. The offering is expected to close on Feb. 8, 2024, with proceeds directed towards growth initiatives in Chile.

Portfolio Pulse from Stjepan Kalinic

February 05, 2024 | 5:04 pm

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