Amount Raised
$15.5 Million
Round Type
Venture
Description
Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce a US$15.5 million investment from Osisko Gold Royalties (“Osisko”) for a 1.0% Net Smelter Return royalty (the “Osisko NSR”) (the “Investment”) on certain claims covering the Marimaca Oxide Deposit (“MOD” or “the Project”) and some claims immediately adjacent to it. Proceeds from the Investment will be used to advance permitting, a Definitive Feasibility Study (the “DFS”) for the MOD and for general corporate and administrative expenses. Osisko’s royalty will effectively replace certain existing royalties on the Project
Who else raised in Mining and Precious Metals around the same time
Companies in the same sectors as Marimaca Copper that raised within 45 days of this round, from Fundz verified event records.
- Canada Nickel Company raised $10M (Debt Financing) on October 18, 2022.
- Granite Creek Copper Ltd raised an undisclosed amount (Post-IPO Equity) on October 5, 2022.
- Alaska Silver Corp. raised $1.6M (Seed) on August 19, 2022.
- Talisker Resources raised $1.7M (Seed) on August 11, 2022.
- BeMetals raised $5M (Funding Round) on August 5, 2022.
- Tempus Resources Ltd raised an undisclosed amount (Funding Round) on July 27, 2022.
Who to call at Marimaca Copper, and when
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Related People
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