Candente Copper Corp. is pleased to announce that Nascent Exploration Pty Ltd., a wholly owned subsidiary of Fortescue Metals Group Ltd. has increased its holding in Candente Copper from a 9.72% to a 19.92% interest by subscribing for 27,500,000 shares for gross proceeds of Cdn$1,375,000 through a non-brokered private placement . Fortescue is one of the largest global iron ore producers, recognised for its culture [...]
Candente Copper Corp. is pleased to announce the appointment of Mr. Giulio T. Bonifacio to the Board of Directors of the Company as an Independent Director. This appointment is not related to the right granted to the strategic investor as previously announced on January 21st, 2020. Mr. Bonifacio has extensive knowledge in operations, capital markets, project finance, and mergers and acquisitions with over 30 years of [...]
Candente Copper Corp. is pleased to announce it has closed a non-brokered private placement to raise gross proceeds of approximately Cdn $1,050,000. The gross proceeds of the Private Placement are to be used for general corporate and working capital purposes. The Private Placement comprises the sale of 21,000,000 common shares at a price of $0.05 to raise gross proceeds of Cdn $1,050,000. The Shares will be subject to a [...]
Candente Copper Corp. regretfully advises the passing of Mr. Michael Thicke, M.Sc., P.Geo., Vice President Exploration and Director. Mr. Thicke joined Sean Waller, past-President and Joanne Freeze, CEO as a key member of the Candente Group management team in January 2010. “We were so blessed to have such a great friend and experienced and successful porphyry copper expert join us to lead our exploration team,&rdquo [...]
Vancouver, British Columbia - TheNewswire - August 26, 2019. Candente Copper Corp. advises that it has received approval from the Toronto Stock Exchange to extend the exercise period of a total of 5,349,222 outstanding share purchase warrants issued pursuant to the private placement completed on September 14th, 2017. The original expiry date was September 14th, 2019 and the new expiration date will be September 14th, 2021 [...]
Candente Copper Corp. is pleased to provide the voting results for the election of directors at its annual general meeting of shareholders held on June 28, 2019. The director nominees were presented in the Company’s Management Information Circular dated May 17, 2019 and shareholders re-elected all directors nominated by management. The directors will serve until the next annual general meeting of the Company. The [...]
Candente Copper Corp. is pleased to announce that the Mayor of Kañaris has invited the Company along with the Ministry of Energy and Mines to join him in a new initiative to promote and advance development in Kañaris. The Company’s Cañariaco Copper project is located within the district of Kañaris which is in the region of Lambayeque, Peru. The purpose of this group will be to collaborate [...]
Candente Copper Corp. is pleased to report that it completed the second tranche of the previously announced Private Placement raising an additional Cdn$200,000 for a total of $477,500 in two tranches. In closing the second tranche, on March 1st, 2019, the Company issued 4,000,000 units at a price of Cdn$0.05 per Unit. Each Unit consists of one common share of the Company and one-half of a share purchase warrant . Each [...]
Candente Copper Corp. is pleased to announce that the non-brokered private placement launched on January 15th, 2019 , has been over-subscribed. As a result, the offering has been increased from Cdn$300,000 to approximately Cdn$350,000. The Company is also pleased to report that it has completed the first tranche of the Private Placement raising Cdn$277,500. A second tranche will be completed in approximately two weeks [...]
Candente Copper Corp. is pleased to announce, subject to regulatory approval, that it intends to carry out a non-brokered private placement to raise gross proceeds of approximately Cdn $300,000. The gross proceeds of the Private Placement are to be used for working capital and general corporate purposes including ongoing community initiatives in Peru. The Private Placement will consist of the sale of approximately [...]
Candente Copper Corp. has been advised that a recent change in Government regulations in Peru may allow the Company to re-initiate drilling under the permit originally approved in August 2014. This is the result of a new Government regulation DL N°1394 which has now given Environmental Certificates a validity period of up to 5 years. The company has requested confirmation from the Ministry of Energy and Mines and the [...]
Candente Copper Corp. is pleased to announce the appointment of Mr. Mark Lotz to the position of Chief Financial Officer. Mr. Lotz, a Chartered Professional Accountant, is a senior executive with extensive experience in public companies, tax and consulting. Formerly a CEO and CFO in the brokerage industry, he also has senior management experience in the mining, manufacturing and digital media sectors. Mark has been on the [...]
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