Candente Copper Corp. is pleased to announce that effective June 15, Giulio T. Bonifacio was appointed to the position of Executive Chair. In addition, the Company has made a further senior management change with the appointment of Dale Found as Vice President, Chief Financial Officer, also effective June 15, 2022. Mr. Bonifacio has over 30 years of experience in senior executive roles in the mining industry in both the [...]
Candente Copper Corp. is pleased to announce that Whittle Consulting Ltd has been engaged to conduct an Enterprise Optimization of the Company's Cañariaco Norte Project in Peru. The EO involves a rigorous analytical and computational process using WLC Strategic Mine Planning software and Integrated Strategic Planning concepts. The analysis will be completed remotely over the course of a few months. The EO will overlap in [...]
Candente Copper Corp. is pleased to advise that the Company has arranged a bridge loan in the aggregate principal amount of CDN$1 million from an arm's length individual investor for a twelve-month term at 10% to be repaid on maturity. "This bridge loan was organized to allow sufficient time to explore several financing options that have been presented to the Company. Over the course of the next several weeks, Candente [...]
Candente Copper Corp. today announced that it will be presenting at the Planet MicroCap Showcase 2022 at the Bally's Hotel & Casino in Las Vegas, NV on Wednesday, May 4, 2022 at 1:00PM PST. Joanne Freeze will be hosting the presentation and answering questions from investors, as well as, in person, 1-on-1 investor meetings over two days. To access the live presentation, please use the following information: Planet [...]
Candente Copper Corp. is pleased to advise that the Company has received a second financing offer for a similar amount to the Lind Financing announced on March 23th, 2022. The Company is subject to confidentiality obligations with respect to the specific terms of the financing offer and the identity of the party that made the offer, but we can disclose that the offer came from another well-financed, reputable entity. With [...]
Candente Copper Corp. is pleased to announce that the Company has acquired additional mineral concessions which provide a considerable expansion to the current land position for the Ca?ariaco copper project located in Northern Peru. In 2019, the Ca?ariaco property held by the Company comprised of 5 mineral concessions covering 4,290 hectares. This has now been increased to 15 mineral concessions covering 10,190 hectares [...]
Candente Copper Corp. is pleased to announce that the Company has agreed to terms for a private placement of up to Cdn$10 million with the Lind Global Fund II, LP, an institutional investment fund managed by The Lind Partners, LLC . The private placement is expected to include the issuance of a convertible security and warrants to purchase common shares of the Company . The funding agreement is to comprise an initial [...]
Candente Copper Corp. is pleased to announce that it filed on March 14th, the National Instrument 43-101 Technical Report in support of the Preliminary Economic Assessment completed by Ausenco Engineering Canada Inc. on its Ca?ariaco copper project in Northern Peru. The summary of the 2022 PEA results were announced on February 8th, 2022, the effective date of the report, and there are no material differences from those [...]
Candente Copper Corp. is very pleased to announce completion by Ausenco Engineering Canada Inc. of a positive Preliminary Economic Assessment for its 100% owned Ca?ariaco copper project in Northern Peru. Based on projected average annual metal production of 173 million pounds copper, 31,395 ounces gold , and 703,588 oz silver for 28 years and an initial capital cost estimate of $1.04 B, the Ca?ariaco Norte project has an [...]
Candente Copper Corp. is very pleased to announce that an Initial Inferred Mineral Resource has been estimated for the portion of the Ca?ariaco Sur deposit drilled to date. Additionally the mineral resource for Ca?ariaco Norte has been updated for purposes of the 2022 Preliminary Economic Assessment which is nearing completion. Commenting on the results, President and CEO Joanne C. Freeze stated, "We are very pleased to [...]
Candente Copper Corp. is pleased to announce that the 2021 Preliminary Economic Assessment that is being conducted by Ausenco Engineering Inc. on the Ca?ariaco Norte Project is advancing well and is expected to identify more opportunities to improve the project than originally expected. These additional improvements have resulted in a slight delay to the completion by Ausenco to early Q1 2022. Ausenco is leveraging [...]
Candente Copper Corp. welcomes Mr. Luis Miguel Inchaustegui Zevallos as Independent Director of the Company. A leader in corporate matters and sustainability in the extraction sector, Mr. Inchaustegui is experienced in sustainable development, communications, community relations, legal and institutional relationships. Miguel's mission is to generate value for all parties involved through a social strategy based on the [...]
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