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Fitzroy Minerals completes acquisition of Ptolemy Mining

PUBLIC · FTZFFMar 31, 2025

Acquiring Company

Fitzroy Minerals

Acquired Company

Ptolemy Mining

VancouverLittle EastonOtherMiningMiningMineralMining Technology

Description

Fitzroy Minerals Inc. has successfully completed its acquisition of Ptolemy Mining Limited. This acquisition allows Fitzroy to enhance its strategic position in the copper resource sector. The deal includes the issuance of 88 million shares to Ptolemy's vendors. This milestone is expected to advance Fitzroy's operational capabilities and shareholder value.

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Company Information

Company

Fitzroy Minerals

Location

1055 WEST HASTINGS STREET, UNIT 2250

Vancouver, British Columbia, Canada

About

Fitzroy Minerals is focused on exploring and developing mineral assets with substantial upside potential in the Americas. The Company’s current property portfolio includes the Caballos Copper and Polimet Gold-Copper-Silver projects located in Valparaiso, Chile, and the Taquetren Gold project located in Rio Negro, Argentina, as well as the Cariboo project in British Columbia, Canada. Fitzroy Minerals’ shares are listed on the TSX Venture Exchange under the symbol FTZ and on the OTCQB under the symbol FTZFF.

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Frequently asked

Who acquired Ptolemy Mining?

Ptolemy Mining was acquired by Fitzroy Minerals, based in Vancouver. The deal was reported on March 31, 2025. Fitzroy Minerals is focused on exploring and developing mineral assets with substantial upside potential in the Americas. Fitzroy Minerals is publicly traded (FTZFF) and operates in Other.

When did Fitzroy Minerals acquire Ptolemy Mining?

Fitzroy Minerals's acquisition of Ptolemy Mining was reported on March 31, 2025. Fitzroy Minerals Inc. has successfully completed its acquisition of Ptolemy Mining Limited. This acquisition allows Fitzroy to enhance its strategic position in the copper resource sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ptolemy Mining do?

Ptolemy Mining Limited is a UK-registered private mining company. It holds options to acquire valuable mining properties in Chile through its wholly-owned subsidiary. The company is engaged in resource development focused on copper mining. It is privately held, operating in Mining, and is based in Little Easton.

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