Candente Copper Corp. is pleased to announce that it has entered into an agreement to complete a private placement with Nascent Exploration Pty. Ltd., a wholly owned subsidiary of Fortescue Metals Group Ltd. to raise $4,000,000 through the issuance of an aggregate of 22,222,222 common shares of the Company at a price of $0.18 per Share. The Private Placement remains subject to the approval of the Toronto Stock Exchange [...]
Candente Copper Corp. announces the reconstitution of the Board of Directors and retirement of George Elliott and Andres Milla from the Board. Further to the Company's press release of June 30, 2022, the Company's Board has determined that in view of the recent appointments of Steven Latimer and Jeremy Meynert announced on September 22, 2022, and as a result of ongoing discussions with Fortescue Metals Group regarding the [...]
Candente Copper Corp. is pleased to announce that it has appointed Steven Latimer and Jeremy Meynert as directors of the Company, and that it has entered into a loan agreement with Nascent Exploration Pty Ltd , a wholly-owned subsidiary of Fortescue Metals Group Ltd. for a loan in the aggregate principal amount of $1,000,000 for a 12 month term at 10 per cent interest to be repaid on maturity. Giulio T. Bonifacio, the [...]
Candente Copper Corp. announces the voting results for its Annual General Meeting of shareholders held on Wednesday, June 22, 2022 in Vancouver, British Columbia. A total of 100,117,276 common shares, representing 37.12% of the Company's outstanding shares were represented at the Meeting and all motions put forward were passed. The following sets forth a summary of the voting results: Number of Directors The number of [...]
Candente Copper Corp. is pleased to announce that effective June 15, Giulio T. Bonifacio was appointed to the position of Executive Chair. In addition, the Company has made a further senior management change with the appointment of Dale Found as Vice President, Chief Financial Officer, also effective June 15, 2022. Mr. Bonifacio has over 30 years of experience in senior executive roles in the mining industry in both the [...]
Candente Copper Corp. is pleased to announce that Whittle Consulting Ltd has been engaged to conduct an Enterprise Optimization of the Company's Cañariaco Norte Project in Peru. The EO involves a rigorous analytical and computational process using WLC Strategic Mine Planning software and Integrated Strategic Planning concepts. The analysis will be completed remotely over the course of a few months. The EO will overlap in [...]
Candente Copper Corp. is pleased to advise that the Company has arranged a bridge loan in the aggregate principal amount of CDN$1 million from an arm's length individual investor for a twelve-month term at 10% to be repaid on maturity. "This bridge loan was organized to allow sufficient time to explore several financing options that have been presented to the Company. Over the course of the next several weeks, Candente [...]
Candente Copper Corp. today announced that it will be presenting at the Planet MicroCap Showcase 2022 at the Bally's Hotel & Casino in Las Vegas, NV on Wednesday, May 4, 2022 at 1:00PM PST. Joanne Freeze will be hosting the presentation and answering questions from investors, as well as, in person, 1-on-1 investor meetings over two days. To access the live presentation, please use the following information: Planet [...]
Candente Copper Corp. is pleased to advise that the Company has received a second financing offer for a similar amount to the Lind Financing announced on March 23th, 2022. The Company is subject to confidentiality obligations with respect to the specific terms of the financing offer and the identity of the party that made the offer, but we can disclose that the offer came from another well-financed, reputable entity. With [...]
Candente Copper Corp. is pleased to announce that the Company has acquired additional mineral concessions which provide a considerable expansion to the current land position for the Ca?ariaco copper project located in Northern Peru. In 2019, the Ca?ariaco property held by the Company comprised of 5 mineral concessions covering 4,290 hectares. This has now been increased to 15 mineral concessions covering 10,190 hectares [...]
Candente Copper Corp. is pleased to announce that the Company has agreed to terms for a private placement of up to Cdn$10 million with the Lind Global Fund II, LP, an institutional investment fund managed by The Lind Partners, LLC . The private placement is expected to include the issuance of a convertible security and warrants to purchase common shares of the Company . The funding agreement is to comprise an initial [...]
Candente Copper Corp. is pleased to announce that it filed on March 14th, the National Instrument 43-101 Technical Report in support of the Preliminary Economic Assessment completed by Ausenco Engineering Canada Inc. on its Ca?ariaco copper project in Northern Peru. The summary of the 2022 PEA results were announced on February 8th, 2022, the effective date of the report, and there are no material differences from those [...]
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