Tech Company Financing Transactions
Marimaca Copper Funding Round
Marimaca Copper, operating out of Vancouver, BC, received $15.1 million from Mitsubishi Corporation.
Transaction Overview
Company Name
Announced On
7/12/2023
Transaction Type
Venture Equity
Amount
$15,122,000
Round
Undisclosed
Investors
Mitsubishi Corporation (Lead Investor)
Proceeds Purpose
Proceeds from the Strategic Investment will be used to advance and accelerate the development of the Company's flagship Marimaca Copper Project located in the Antofagasta region, Chile.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
745 Thurlow Street 2400
Vancouver, BC, V6E 0C5
CA
Vancouver, BC, V6E 0C5
CA
Phone
Website
Email Address
Overview
Marimaca is an exciting TSX-listed copper company. The Company's flagship asset is the Marimaca Copper Project in Chile's Antofagasta region. It is the only copper discovery globally of the last five years and is a low risk project, with substantial exploration potential. Our vision is to create significant value for our shareholders and stakeholders alike. We hope to achieve this with a dual strategy of realizing the full potential of our flagship Marimaca Copper Project, which has the promise to become one of the most significant copper-oxide discoveries in recent years, and explore for multiple large scale Marimaca Copper Project style targets, including a possible new IOCG district.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hayden Locke
Vice President
Sergio Rivera
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