|Bid||0.0550 x 0|
|Ask||0.0600 x 0|
|Day's Range||0.0550 - 0.0650|
|52 Week Range||0.0400 - 1.9900|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.13|
Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (MARI.TO) is pleased to announce that Greenstone Resources II L.P. (“Greenstone”) has exercised its conversion option (the "Conversion") pursuant to the US$12.0 million convertible loan facility associated with certain of Marimaca Copper’s subsidiaries, Sociedad Contractual Minera Berta (“SCM Berta”) and Rising Star Copper Limited (“RSC”). As a result of the Conversion, Marimaca Copper no longer controls RSC or SCM Berta and will de-consolidate those operations from its financial position and operating results effective June 30, 2020.
VANCOUVER, British Columbia, June 24, 2020 -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to provide a summary of the metallurgical test.
Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (MARI.TO) is pleased to announce it has recently completed a thorough review of the data from previous drilling campaigns and its associated geology at its flagship Marimaca Copper Project (“Marimaca” or “the Project”). This has resulted in an updated geological interpretation indicating the potential for sulphide mineralization beneath the Marimaca Oxide Deposit (“MOD”).
Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (MARI.TO) is pleased to release the high level results of a detailed trade-off analysis, conducted by independent consultants, Gestion y Economia Minera Limitada (“GEM”), for the development of its flagship Marimaca Copper Deposit (“Marimaca” or “the Project”). The GEM analysis confirmed that a full-scale development is the optimum strategy and that Marimaca is an exciting, mid-size, copper project.
Coro Mining Corp. (“Coro” or the “Company”) is pleased to announce it has changed its name to Marimaca Copper Corp. (“Marimaca Copper”) to align with its flagship development project in Chile. The Company has also undertaken a 25:1 share consolidation as part of a capital reorganisation. The Company’s new website address is www.marimaca.com where its latest investor presentation can be found.
Coro Mining Corp. (“Coro” or the “Company”) (COP.TO) is pleased to provide an update on its business operations, cost reduction initiatives and on the various workstreams which are underway for its flagship Marimaca Copper Project (“Marimaca” or “the Project”). At the outset of the pandemic, in March 2020, Coro repatriated all personnel and contractors from the field, leaving a skeleton team to manage the site. While the lockdown has clearly impacted mining businesses in Chile, especially those with large scale operations, Coro has focused on those technical workstreams which can continue despite the lockdowns.
Coro Mining Corp. (“Coro” or the “Company”) (COP.TO) announces that, due to the COVID‐19 pandemic, it intends to postpone certain of its continuous disclosure filings and the 2020 Annual Meeting of Shareholders. In connection with the continuous disclosure filings, Coro intends to rely on the extensions granted pursuant BC Instrument 51-515 - Temporary Exemption from Certain Corporate Finance Requirements and BC Instrument 51-516 - Temporary Exemptions from Certain Requirements to File or Send Securityholder Materials (together, the “BC Instruments”).
TORONTO , April 13, 2020 /CNW/ - Trading resumes in: Company: Coro Mining Corp. TSX Symbol: COP (All issues) Resumption (ET): 9:30 AM IIROC can make a decision to impose a temporary suspension (halt) ...
Coro Mining Corp. (“Coro” or the “Company”) (COP.TO) provides an update on the current Cease Trade Order on its shares and actions currently being undertaken to remedy the situation. The Company had been advised that under Ontario Securities Commission Instrument 51-502, released on 23 March 2020, which provided several temporary exemptions under Ontario Securities Law, that it would be temporarily exempted from the regulated timelines concerning the delivery of various annual financial documents and certifications. Although the Company filed the majority of its documents by the regulated deadlines, it did not file its Annual Information Form (“AIF”) and associated management certifications.
TORONTO , April 7, 2020 /CNW/ - The following issues have been halted by IIROC: Company: Coro Mining Corp. TSX Symbol: COP (all issues) Reason: CTO Halt Time (ET): 8:00 AM IIROC can make a decision to ...
Coro Mining Corp. (“Coro” or the “Company”) (COP.TO) today announced that it has entered into an unsecured working capital facility (“WCF”) with its major shareholders, Greenstone Resources II LP (“Greenstone”), and Tembo Capital Mining Fund II LP (“Tembo”) (together “the Lenders”), pursuant to which the Lenders have agreed to lend up to US$6.0 million to Coro to fund the Company through these challenging times. The WCF has a 12-month term from the date of closing and bears interest at 12% per annum. Greenstone and Tembo will receive an aggregate 3% arrangement fee under the WCF, which will be payable at maturity.
Coro Mining Corp. (“Coro” or the “Company”) (COP.TO) is pleased to release the results of a preliminary scout drilling programme close to its flagship Marimaca Copper Deposit (“Marimaca” or “the Project”). The programme had the objective of testing several oxide targets within close proximity to both the north and south of the Project area, which have the potential to add near surface tonnes to any future mine plans.
Coro Mining Corp. (“Coro” or the “Company”) (TSX: COP) is pleased to announce changes to the Company’s Board of Directors including the transition of Mr. Colin Kinley from Non-Executive Chairman to a Non-Executive Director role and the appointment of Mr. Michael Haworth as the Company’s Executive Chairman, reflecting the increasing time commitment expected of the role as the Company advances the development of its Marimaca project. The board changes also include the appointment of Ms. Petra Decher as the lead independent Non-Executive Director, and Mr. Kinley assuming the role of Chairman of the Compensation Committee.
VANCOUVER, British Columbia, Dec. 02, 2019 -- Coro Mining Corp. (“Coro” or the “Company”) (TSX: COP) is pleased to announce an increase in Measured & Indicated (M+I) and.
Coro Mining Corp. (“Coro” or the “Company”) (COP.TO) is pleased to provide an update of its Phase II drilling program at the Marimaca Project in the Antofagasta Region of Chile which was aimed at expanding the known resources. An updated resource estimate is scheduled to be released in October, and with Coro’s newly consolidated 100% ownership of the entire project, a Preliminary Economic Assessment (“PEA”) based on this new resource will commence immediately thereafter. To date, 91,210 metres have been drilled across the different zones that comprise the Marimaca area in 385 holes (346 reverse circulation (“RC”) and 39 diamond drill holes (“DDH”).
Coro Mining Corp. (“Coro” or the “Company”) (COP.TO) is pleased to announce that it has completed its previously announced non-brokered private placement (the “Placement”) of an aggregate of 145,863,926 common shares of the Company (the “Offered Shares”) at a price of C$0.115 per share (11.5 cents per share), for total proceeds of C$16,774,351 (approximately US$12.6 million). The Company’s two largest shareholders, Greenstone Resources LP and associated entities (“Greenstone”) and Ndovu Capital XIV B.V. (“Tembo Capital”) were the sole subscribers under the Placement. The proceeds of the Placement will be used to make the first US$6 million payment required in connection with the Company’s previously announced acquisition of the Marimaca 1-23 claims, with the balance to be used to advance a mineral resource estimate, a preliminary economic assessment (PEA), other land option payments and general working capital purposes.
Coro Mining Corp. (“Coro” or the “Company”) (COP.TO) is pleased to announce a transaction (the “Transaction”) whereby Coro will acquire from local family owners (the “Sellers”) the remaining 49% interest in the Marimaca 1-23 claim it does not currently own (the “Claim Interests”). The Marimaca 1-23 claim is the central area of the concession package that together comprises the Marimaca Project. Upon the completion of the Transaction, the Company will have 100% control over the claims comprising the entire Marimaca Project.
VANCOUVER, British Columbia, July 31, 2019 -- Coro Mining Corp. (“Coro” or the “Company”) (TSX: COP) is pleased to provide an update for the Marimaca Project in the Antofagasta.