Atacama Copper Corp. is pleased to announce that further to its press releases dated October 26, 2023 and December 15, 2023, the Company intends to increase the size of its previously announced brokered private placement to up to 66,666,667 subscription receipts of the Company at a price of $0.18 per Subscription Receipt for aggregate gross proceeds of up to $12,000,000. The Company also announces the closing of the first [...]
Atacama Copper Corp. is pleased to announce that, further to its press release dated October 26, 2023, it has entered into a business combination agreement dated December 15, 2023 with TCP1 Corporation and 1000723052 Ontario Corporation , a wholly-owned subsidiary of the Company, pursuant to which the Company will acquire all of the issued and outstanding shares of TCP1 in exchange for common shares of the Company which [...]
Atacama Copper Corp. and TCP1 Corporation are pleased to report the results of a maiden mineral resource estimate at TCP1's wholly-owned Yecora copper project in southwestern Sonora State, Mexico. The Yecora project is located in the Laramide copper belt that extends from Arizona into northwestern Mexico and consists of multiple tourmaline breccia bodies carrying copper-silver-molybdenum mineralization, and high-grade [...]
Atacama Copper Corp. and TCP1 Corporation are pleased to report the results of a maiden mineral resource estimate at TCP1's wholly-owned Cristina polymetallic vein project in southwestern Chihuahua State, Mexico . The Cristina project consists of multiple outcropping quartz veins that are frequently greater than 10 m in width, and extend for a currently known strike length of up to 5 km. At least four parallel mineralized [...]
Atacama Copper Corp. announces that it has signed a binding letter of intent dated October 26, 2023 with TCP1 Corporation , an arm's length private company with mineral properties located in Mexico, relating to a business combination whereby the Company will acquire all of the issued and outstanding shares of TCP1 in exchange for common shares of the Company . Concurrent with the Proposed Transaction, the Company has [...]
Atacama Copper Corp. is saddened to report the sudden and unexpected passing of our CFO, Eduardo 'Eddy' Yu. Eddy was a key member of the small management team at the Company and will be greatly missed by all his colleagues. Tim Warman, CEO said, "On behalf of everyone at Atacama Copper I want to extend our deepest condolences to the Yu family. Eddy was a talented individual who everyone on our team enjoyed working with [...]
Atacama Copper Corp. is pleased to announce that on June 15, 2023 , it closed a non-brokered private placement of 1,567,332 common shares in the capital of the Company at a purchase price of $0.18 per Common Share for gross proceeds of $282,119.76 . The gross proceeds of the Offering will be used for general corporate purposes. A finder's fees consisting of an aggregate cash commission of $5,249.99 and 29,167 warrants to [...]
Atacama Copper Corp. is pleased to announce that it intends to issue, by way of a non-brokered private placement, common shares of the Company at a purchase price of $0.18 per Common Share for gross proceeds of up to $300,000 . Atacama Copper expects the Offering to close on or about May 15, 2023 . The net proceeds of the Offering will be for general corporate purposes and no commission, finder's fee or similar payment [...]
Atacama Copper Corp. announces that it has granted 380,000 stock options and 130,000 restricted share units to eligible participants of the Company, pursuant to its Long Term Incentive Plan. The Options have an exercise price of $0.185 per common share and expire 5 years after the date of grant pursuant to the terms of the Company's Long Term Incentive Plan. The stock options and RSUs shall vest in three equal parts on [...]
Atacama Copper Corp. is pleased to announce the appointment of Tim Warman as Chief Executive Officer and Director. Mr. Warman is a mining executive and geologist with more than 30 years of experience ranging from early-stage exploration to production. He has held senior leadership roles and board positions with some of the industry's most notable companies. Most recently he was CEO of Fiore Gold, a successful Nevada gold [...]
Atacama Copper Corp. provides an update on its trenching program at its 100% owned El Cofre Copper-Gold Project. Highlights: 40% of 3,000m trenching program completed Multiple zones of copper oxide mineralization identified Over 156 samples collected and analyzed by XRF to date Copper-gold mineralization identified across 1 to 5 meter wide mineralized veins over a strike length of 600m, with 800m remaining to be tested [...]
Atacama Copper Corp. announces that it has commenced a program of trenching at its wholly-owned El Cofre Project. A total of approximately 3,000m across 18 trenches and channel sampling lines is designed to follow-up on previously identified mineralised structures discovered in geochemical and mapping surveys of the property. The programme is expected to take approximately 4 weeks to complete and first results of sampling [...]
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