Alta Copper Secures Cdn$1.5 Million Through Private Placement for Cañariaco Project

Candente Copper ( (TSE:ATCU) ) just unveiled an announcement.

Alta Copper Corp. has successfully closed a non-brokered private placement with Nascent Exploration Pty. Ltd., raising Cdn$1.5 million through the issuance of 2,941,176 common shares. The funds will provide necessary working capital for the commencement of drilling at the Cañariaco copper project, as the company progresses towards securing necessary approvals from the Ministry of Energy and Mines and the local community. This development is expected to advance the company’s operations and strengthen its position within the mining industry.

More about Candente Copper

Alta Copper is a mining company focused on the development of its 100% owned Cañariaco advanced staged copper project in Peru. The project spans 91 square km and includes the Cañariaco Norte and Cañariaco Sur deposits, as well as the Quebrada Verde prospect. It is one of the largest copper deposits in the Americas not held by a major company.

Average Trading Volume: 26,786

Technical Sentiment Signal: Hold

Current Market Cap: C$39.06M

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