Three Valley Copper Corp. provides a corporate and operating update on its 95.1% owned Minera Tres Valles property near Salamanca, Region de Coquimbo, Chile. Operations Update Don Gabriel The underperformance of Don Gabriel, MTV's open pit operation and primary source of ore for 2021 and 2022, has continued. The Company's previous belief was that this underperformance was temporary in nature, but Don Gabriel has [...]
Three Valley Copper Corp. is pleased to announce that its common shares will commence trading today on the OTCQB Venture Market under the ticker symbol "TVCCF". The Company's common shares continue to trade on the TSX Venture Exchange under the symbol "TVC". OTCQB is a venture market operated by the OTC Markets Group Inc. To be eligible for quotation on the OTCQB, companies must be current in their reporting and undergo [...]
Three Valley Copper Corp. announces that it has granted 164,645 Deferred Share Units to directors and 105,374 Restricted Share Units to the CEO pursuant to its long-term incentive plan for the quarter ending December 31, 2021. The Company intends to grant DSUs quarterly to its directors, with each grant representing one-half of each director's board retainer, payable in cash or common shares of the Company, upon the [...]
Three Valley Copper Corp. today announces that its ownership of Minera Tres Valles SpA has increased to 95.1% from 91.1%. On November 25, 2021, the Company announced the closing of a bought-deal financing to help support the operations of MTV. In accordance with the MTV shareholders agreement, the minority shareholder of MTV and SRH Chile SpA were provided the opportunity to subscribe for newly issued shares of MTV. The [...]
Three Valley Copper Corp. today announced its operating and financial results for the three and nine months ended September 30, 2021. The Company is focused on growing copper production from, and further exploration of, its primary asset, Minera Tres Valles SpA. Located in Salamanca, Chile, MTV is 91.1% owned by the Company and MTV's main assets are the Minera Tres Valles mining complex and its 46,000 hectares of [...]
Three Valley Copper Corp. today announced that it has closed its previously announced bought deal financing. The Company issued a total of 56,681,000 units on a bought deal basis, at an offering price of C$0.32 per Unit, which included 6,681,000 Units issued pursuant to the exercise of the over-allotment option, and issued 819,000 additional Common Share purchase warrants pursuant to the exercise of the over-allotment [...]
Three Valley Copper Corp. announces that an undertaking has been entered into between the Company and the senior secured lenders of Minera Tres Valles, the Company's primary asset that is 91.1% owned located near Salamanca, Region de Coquimbo, Chile. The Company, together with its direct and indirectly wholly owned subsidiaries including MTV, and the Lenders have undertaken to execute a definitive binding agreement on or [...]
Three Valley Copper Corp. is pleased to announce that due to strong investor demand, it has entered into an amending agreement with PI Financial Corp. and Eight Capital as co-lead underwriters and joint bookrunners, to increase the size of the previously announced bought deal financing to an aggregate of 50,000,000 units of the Company at a price of C$0.32 per Unit for gross proceeds of C$16,000,000 . Each Unit consists [...]
Three Valley Copper Corp. announced today that it has entered into an agreement with PI Financial Corp. and Eight Capital as co-lead underwriters and joint bookrunners , under which the Underwriters have agreed to buy on a bought deal basis 31,250,000 units of the Company, at a price of C$0.32 per Unit for gross proceeds of approximately C$10,000,000 . Each Unit consists of one common share in the capital of the Company [...]
Three Valley Copper Corp. has initiated a strategic review process to explore alternatives for the enhancement of shareholder value and the best way forward to maximize production and cash flows from its mining assets in Chile. The Company's primary asset is its 91.1% owned Minera Tres Valles property near Salamanca, Region de Coquimbo, Chile. Strategic Review The Company and its Board have initiated a strategic review [...]
Three Valley Copper Corp. announces that it has granted 234,075 Deferred Share Units to directors and 49,938 Restricted Share Units to the CEO pursuant to its long-term incentive plan. The Company intends to grant DSUs quarterly to its directors, with each grant representing one-half of each director's board retainer, payable in cash or common shares of the Company, upon the holder ceasing to be a director of the Company [...]
Three Valley Copper Corp. is pleased to announce that, through its indirectly wholly-owned subsidiary, SRH Chile SpA , it has delivered to the minority shareholder of Minera Tres Valles , the required written notice of its intention to acquire the remaining ownership of MTV that SRH does not already own. The Company through SRH owns 91.1% of MTV and under the shareholders' agreement between SRH and the Minority [...]