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Highland Copper Company Inc. (HI.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.1000+0.0050 (+5.26%)
As of 9:51AM EDT. Market open.
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Previous Close0.0950
Open0.1000
Bid0.0950 x N/A
Ask0.1050 x N/A
Day's Range0.1000 - 0.1000
52 Week Range0.0200 - 0.1450
Volume120,000
Avg. Volume231,837
Market Cap47.293M
Beta (5Y Monthly)0.86
PE Ratio (TTM)N/A
EPS (TTM)-0.0100
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.04
  • Highland Copper Announces Further Extension of White Pine Closing
    GlobeNewswire

    Highland Copper Announces Further Extension of White Pine Closing

    LONGUEUIL, Quebec, April 13, 2021 (GLOBE NEWSWIRE) -- Highland Copper Company Inc. (TSXV: HI, OTCQB: HDRSF) (the “Company”) announced today that the deadline to complete the acquisition of the White Pine North Project from Copper Range Company (“CRC”), a wholly owned subsidiary of First Quantum Minerals Ltd., was extended to June 30, 2021. The final closing of the acquisition is subject to certain conditions, including, without limitation, a release of CRC from certain environmental obligations associated with the remediation and closure plan of the historical White Pine mine site and the posting of a US$1.7 million environmental bond with the State of Michigan. The Company is pursuing various options to secure the funds needed for the environmental bond, to settle all of its liabilities and to meet its existing commitments. These efforts include discussions with its major shareholders, lenders, and royalty holders. As previously announced, the Company and Osisko Gold Royalties Ltd have agreed on the terms and conditions pursuant to which Osisko intends to exercise its silver royalty option that was originally granted by the Company to Osisko in December 2014. Subject to certain conditions, Osisko would pay to the Company an initial tranche of US$3 million on closing. Cautionary Statement Certain statements contained in this news release constitute forward looking information under the provisions of Canadian securities laws, including statements about the Company’s plans to complete the acquisition of the White Pine North property, plans to complete the proposed transaction with Osisko and the exercise of the silver royalty option, as well as plans to complete one or more transactions to settle the Company’s working capital deficiency and to fund the Company. Considering the Company’s financial condition and the state of the capital markets for a company such as Highland, there is no assurance that the Company will be able to meet to complete the transactions described herein. The information contained herein reflects Highland's views as of the date of this news release. Forward looking information is based on assumptions, and by its nature is subject to risks and uncertainties that may cause actual future events to differ materially from those anticipated in it. The Company does not intend, and does not assume any obligation, to update forward-looking information, except as required by law. Accordingly, readers are advised not to place undue reliance on forward-looking information. About Highland Highland Copper Company Inc. is a Canadian company focused on exploring and developing copper projects in the Upper Peninsula of Michigan, U.S.A. Information about the Company is available on SEDAR at www.sedar.com and on the Company’s website at www.highlandcopper.com. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For further information, please contact: Denis Miville-Deschênes, President & CEO Tel: +1.450.677.2455Email: info@highlandcopper.com

  • Highland Copper Announces Corporate Update
    GlobeNewswire

    Highland Copper Announces Corporate Update

    LONGUEUIL, Quebec, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Highland Copper Company Inc. (TSXV: HI, OTCQB: HDRSF) announced today that the credit agreement with Osisko Gold Royalties Ltd and Greenstone Resources II LP entered into on May 20, 2019 was further amended. The maturity date for the repayment of the US$5,000,000 loan plus accrued interest was extended to January 31, 2021, provided however that the lenders may demand repayment of the loan and accrued interest at any time prior to the maturity date. About HighlandHighland Copper Company Inc. is a Canadian company focused on exploring and developing copper projects in the Upper Peninsula of Michigan, U.S.A. Information about the Company is available on SEDAR at www.sedar.com and on the Company’s website at www.highlandcopper.com.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.For further information, please contact:                 Denis Miville-Deschênes, President & CEO Tel: +1.450.677.2455 Email: info@highlandcopper.com

  • GlobeNewswire

    Highland Copper Announces Amendments to Credit Facility

    LONGUEUIL, Quebec, Sept. 11, 2020 (GLOBE NEWSWIRE) -- Highland Copper Company Inc. (TSXV: HI, OTCQB: HDRSF) (the “Company”) announced today that the credit agreement with Osisko Gold Royalties Ltd (“Osisko”) and Greenstone Resources II LP entered into on May 20, 2019 was further amended. Osisko has made available to the Company under the credit agreement an additional amount of US$500,0000, increasing the total indebtedness under the credit agreement to US$5,000,000 plus accrued interest of approximately US$601,000 as of August 31, 2020 (the “Loan”). The maturity date for the repayment of the Loan was extended to October 31, 2020. In connection with the amendment of the credit agreement, Osisko and the Company have agreed on the terms and conditions pursuant to which Osisko will exercise its silver royalty option that was originally granted by the Company to Osisko under a Governance and Financing Agreement dated December 15, 2014 and subsequently amended and restated on June 29, 2016. Subject to certain conditions including the completion of due diligence and the execution of definitive documentation, Osisko would pay to Highland an initial tranche of US$3 million on closing with the remaining amount of US$23 million under the silver option to be paid within 60 days from the publication of a feasibility study on the White Pine North project in Michigan. The Company expects to close the transaction within the next three weeks. The Company is continuing its review of various options to settle its working capital deficiency, to meet all existing commitments, and to complete the acquisition of the White Pine North project.Cautionary StatementCertain statements contained in this news release constitute forward looking information under the provisions of Canadian securities laws, including statements about plans to complete the proposed transaction with Osisko and the exercise of the silver option as well as plans to complete one or more transactions to fund the Company. The information contained herein reflects Highland's views as of the date of this news release. Forward looking information is based on assumptions, and by its nature is subject to risks and uncertainties that may cause actual future events to differ materially from those anticipated in it. Considering the Company’s financial condition and the state of the capital markets for a company such as Highland, there is no assurance that additional funds will be available or available on terms acceptable to the Company or that the Company will be able to complete a transaction. The Company does not intend, and does not assume any obligation, to update forward-looking information, except as required by law. Accordingly, readers are advised not to place undue reliance on forward-looking information.  About HighlandHighland Copper Company Inc. is a Canadian company focused on exploring and developing copper projects in the Upper Peninsula of Michigan, U.S.A. Information about the Company is available on SEDAR at www.sedar.com and on the Company’s website at www.highlandcopper.com.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.For further information, please contact:                     Denis Miville-Deschênes, President & CEO Tel: +1.450.677.2455 Email: info@highlandcopper.com