Mcewen Copper Completes Oversubscribed Us$81.85 Million Offering Including A $25 Million Investment By Nuton, A Rio Tinto Venture
Amount Raised
$25 Million
Round Type
Venture
TorontoMiningMineralDescription
McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to announce the closing of the third and final tranche of the previously announced private placement offering (the “Offering”) of up to 8,000,000 common shares of McEwen Copper Inc. priced at US$10.00 per common share. The third tranche is comprised of a $25 million investment by Rio Tinto’s copper leaching technology venture, Nuton (“Nuton” or the “Investor”), and $1.85 million from other investors
Quick answer
McEwen raised $25 Million in a funding round, dated August 31, 2022. McEwen is based in Toronto, Ontario, Canada.
- How much did McEwen raise?
- McEwen raised $25 Million in a funding round on August 31, 2022.
- Where is McEwen based and how big is it?
- McEwen is based in Toronto, Ontario, Canada.
- Who are the decision-makers at McEwen?
- Fundz holds 1 contact at McEwen, including the Chief Owner. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mining and Mineral around the same time
Companies in the same sectors as McEwen that raised within 45 days of this round, from Fundz verified event records.
- MacDonald Mines Exploration raised an undisclosed amount (Funding Round) on October 12, 2022.
- Scottie Resources raised $7K (Pre-Seed) on October 7, 2022.
- 55 North Mining raised an undisclosed amount (Post-IPO Equity) on October 6, 2022.
- Stallion Discoveries raised $1K (Pre-Seed) on October 5, 2022.
- Granite Creek Copper Ltd raised an undisclosed amount (Post-IPO Equity) on October 5, 2022.
- Sandstorm Gold Ltd raised $80M (Funding Round) on September 27, 2022.
Who to call at McEwen, and when
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- An alert the day McEwen raises, hires an executive or expands, scored against what you sell
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Related People
McEwen 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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