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Cerro de Pasco Resources Closes Second Tranche of Private Placement for Total Current Financing of $2.0 Million

PUBLIC · CDPMFJan 24, 2024

Amount Raised

$2 Million

Round Type

Seed

Saint-SauveurMining

Description

Cerro de Pasco Resources Inc. has closed the final and oversubscribed tranche of its non-brokered private placement, raising a total of $2.0 million. The proceeds will be used for the development of the Quiulacocha tailings and for working capital.

Quick answer

Cerro de Pasco Resources raised $2 Million in a Seed round, dated January 24, 2024. Cerro de Pasco Resources is based in Saint Sauveur, Quebec, Canada.

How much did Cerro de Pasco Resources raise?
Cerro de Pasco Resources raised $2 Million in a Seed round on January 24, 2024.
What does Cerro de Pasco Resources do?
Cerro de Pasco Resources Inc. (CDPR) is a mining and resource management company, with the goal to become the next mid-tier producer of base metals in Peru.
Where is Cerro de Pasco Resources based and how big is it?
Cerro de Pasco Resources is based in Saint Sauveur, Quebec, Canada.
Who are the decision-makers at Cerro de Pasco Resources?
Fundz holds 2 contacts at Cerro de Pasco Resources, including the Chief Financial Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mining around the same time

Companies in the same sectors as Cerro de Pasco Resources that raised within 45 days of this round, from Fundz verified event records.

  • Lion Copper Corp. raised $2.8M (Seed) on March 8, 2024.
  • Gold Bull Resources raised $95K (Seed) on March 7, 2024.
  • Reyna Silver raised $685K (Seed) on March 6, 2024.
  • Canadian Energy Metals raised $175K (Pre-Seed) on March 6, 2024.
  • Canter Resources raised $26K (Seed) on March 5, 2024.
  • TURMALINA METALS CORP. raised $1.5M (Seed) on March 5, 2024.

Who to call at Cerro de Pasco Resources, and when

A new round usually means Cerro de Pasco Resources is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Cerro de Pasco Resources, from your own LinkedIn network

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Company Information

Company

Cerro de Pasco Resources

Location

Saint Sauveur, Quebec, Canada

About

Cerro de Pasco Resources Inc. (CDPR) is a mining and resource management company, with the goal to become the next mid-tier producer of base metals in Peru. CDPR is focused on the development of its principal 100% owned asset, the El Metalurgista mining concession, comprising mineral tailings and stockpiles extracted from the Cerro de Pasco open-pit mine in central Peru. The company’s approach at El Metalurgista entails the reprocessing and environmental remediation of mining waste and the creation of numerous opportunities in a circular economy. CDPR is also focused on the mining, development and exploration of its wholly-owned 6,000-hectare Santander Mine in the highly prospective Antamina-Yauricocha Skarn Corridor, located 215 km from Lima. CDPR founded on clear the objectives, to engender long-term economic sustainability and benefit for the local population, from an economic, social and health point of view.

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Related People

2 contacts
Verified contactsJames C., Chief Financial Officer hiddenSee plans and pricing
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Cerro de Pasco Resources raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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