Marimaca Copper Announces Closing of A$80,000,000 Placement [Canadian Business Journal (Canada)]
MACQUARIE GROUP LTD S/ADR (MQBKY)
NASDAQ:AMEX Investor Relations:
macquarie.com/us/about/investors
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Source: Canadian Business Journal
Not for release to U.S. wire services or for distribution in the United StatesVANCOUVER, British Columbia, Sept. 11, 2025 (GLOBE NEWSWIRE) —Marimaca Copper Corp. (TSX: MARI) (ASX: MC2) (“Marimaca” or the “Company”) is pleased to announce the closing of the previously announced brokered placement in Australia and select other jurisdictions, excluding Canada (the “Placement”).Pursuant to the closing of the Placement, the Company issued 8,247,423 Chess Depositary Interests (“CDI”) each at a price of A$9.70 for gross proceeds of approximately A$80,000,000 or approximately C$72,080,000.Net proceeds from the Placement will be used for exploration at the Pampa Medina Project and Marimaca sulphide target, detailed design and engineering and project related workstreams at the Marimaca Oxide Deposit (the “MOD”), and for general corporate purposes.Euroz Hartleys Limited, Beacon Securities Limited and Macquarie Capital (Australia) Limited, acted as joint lead managers in respect of the Placement.
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