Arizona Sonoran Copper Company Inc.

Arizona Sonoran Copper Company Inc. is pleased to announce the completion of both the infill to Indicated Pre-feasibility Study -related drilling program and a Cactus West step out drill program for a total of 232,000 ft , at the Cactus Project in Arizona. PFS drilling focused in the south of the Parks/Salyer deposit to upgrade near surface and low grade Inferred Mineral Resource Estimates to the Indicated classification [...]

Arizona Sonoran Copper Company Inc. , an emerging U.S. copper developer, is pleased to announce that further to its June 25, 2025 press release, ASCU has completed the 0.64% buy-down of certain net smelter returns royalties on the Cactus Project . Following execution of definitive documentation, total cash payments of US$8.91 million were made to RG Royalties, LLC, a subsidiary of Royal Gold Inc. and Elemental Royalties [...]

Arizona Sonoran Copper an emerging US-based copper developer and near-term producer, advises that, on July 11, 2025, Tembo Capital Elim Co-Investment LP announced the sale of 17.5 million common shares of the Company to Scotia Capital Inc. in a bought deal arrangement which, ASCU understands, closed on July 14, 2025. The Company further understands that Scotia, in turn, sold the Tembo Shares to various institutions in a [...]

Tembo Capital Mining GP III, acting in its capacity as general partner to Tembo Capital Elim Co-Investment, announces that it has agreed to sell 17,500,000 common shares of Arizona Sonoran Copper Company Inc. at a price of C$2.27 per Share, for total gross proceeds of C$39,725,000 pursuant to a bought deal arrangement with Scotia Capital Inc. The Company will not receive any of the proceeds from the Transaction, which is [...]

Arizona Sonoran Copper an emerging US-based copper developer and near-term producer, is pleased to announce that further to its press release dated June 20, 2025, it has closed a C$5.8 million non-brokered private placement equity financing with Hudbay Minerals which exercised its pre-emptive rights under its Investor Rights Agreement. ASCU President and CEO, George Ogilvie commented, "We appreciate Hudbay's continued [...]

Arizona Sonoran Copper is pleased to announce that its subsidiaries have exercised their rights to buy-down 0.64% of certain net smelter returns royalties on the Cactus Project, ahead of the applicable July 10, 2025 exercise notice expiry dates. Total cash payments of US$8.91 million will be made to RG Royalties, a subsidiary of Royal Gold and Elemental Altus Royalties, to reduce the aggregate percentage of the NSRs from [...]

Arizona Sonoran Copper is pleased to announce that the Company has closed its previously announced public offering of common shares of the Company, pursuant to which the Company issued, on a bought deal basis, 25,875,000 Common Shares, including 3,375,000 Common Shares issued pursuant to the exercise in full of the over-allotment option granted to the Underwriters, at a price of $2.00 per Common Share, for aggregate gross [...]

Arizona Sonoran Copper Company announces the voting results from its annual and special meeting, held earlier today. A total of 90,396,024 common shares were voted at the meeting representing 60.81% of the issued and outstanding shares. Shareholders voted in favour of the business before the Meeting, being the appointment of Ernst & Young LLP as auditors of the Company, the approval of the shareholder rights plan, and the [...]

Arizona Sonoran Copper is pleased to announce that it has filed and been receipted for a final short form prospectus in connection with its bought deal offering of 22,500,000 common shares in the capital of the Company at a price of C$2.00 per Common Share for gross proceeds to the Company of C$45,000,000, as further described in the press release of the Company dated June 2, 2025. Pursuant to the Offering, the Company [...]

Arizona Sonoran Copper is pleased to announce that it has entered into an agreement with Scotiabank, as sole bookrunner, on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis, 22,500,000 common shares of the Company at a price of C$2.00 per Common Share for aggregate gross proceeds to the Company of C$45 million. The Company has agreed to grant the [...]