Marimaca Copper prices C$29 million overnight marketed equity financing

Date Closed

December 01, 2020

Lead Office

Vancouver

Value

29.00 Million CAD

On November 18, 2020, Marimaca Copper Corp. announced that, in connection with its previously announced overnight marketed offering, it has entered into an underwriting agreement with a syndicate of underwriters led by Canaccord Genuity Corp., and including BMO Capital Markets, Paradigm Capital Inc. and Tamesis Partners LLP (collectively, the "Underwriters"), to sell its 8,000,000 units at a price of C$3.15 per Unit for aggregate gross proceeds of C$29 million.

Marimaca Copper is a Canadian-based copper company. Its vision is to explore and develop new sources of copper to supply an increasing global demand for this essential commodity. The Company's flagship asset is the Marimaca project in Chile's Antofagasta Region.

McCarthy Tétrault advised Miramaca Copper with a team led by Robin Mahood that included Eva Bellissimo, Dan Bornstein, Nathan Robb, Simran Choongh, Iris Li (Securities); and Kim Brown and Steve Marshall (Tax).

People