Candente Copper Corp. is pleased to announce that Ms. Christine Nicolau has been appointed to the board of directors of Candente Copper, representing Fortescue Metals Group Ltd. who has an 18.9% shareholding in the Company. Ms. Nicolau replaces Fortescue's current board representative, Mr. Agustin Pichot, who has stepped down from the board due to other commitments. Ms. Nicolau is the General Manager of Metals, Latin [...]
Candente Copper Corp. is pleased to announce that the Desk Top Conceptual Study that is being conducted by Ausenco is advancing well. The mandate of the study is to identify opportunities for Ca?ariaco Norte to be built as a smaller higher grade project with a lower initial capital expenditure and accelerated payback period. In addition to seeking a higher copper grade for the starter pit, we are investigating other [...]
Candente Copper Corp. is pleased to announce that Yaku Consultores has been engaged to conduct and continue previous baseline studies at the Ca?ariaco Project located in Northern Peru. The work will be part of environmental impact studies and habitat protection for all exploration phases of permitting including drilling and also for the community and regional stakeholders. "We are excited to be moving the Ca?ariaco [...]
Candente Copper Corp. is pleased to announce that it has engaged Ausenco Engineering Canada Inc. to conduct Desk Top Studies to identify and define a smaller, higher grade, start up option for Ca?ariaco with a smaller initial capital expenditure and accelerated payback period. This study is expected to take 4 to 6 weeks to complete. Assuming favourable results from the Desk Top Studies the Company would look to move into [...]
Candente Copper Corp. is pleased to announce that it has received and is reviewing proposals from two internationally acclaimed engineering firms for engineering studies to identify and define various value add options for the development of the Ca?ariaco Project. The first goal of the engineering study is to define/identify a smaller, higher grade, start up option for Ca?ariaco with a smaller initial capital expenditure [...]
Candente Copper Corp. is pleased to announce that several investors have exercised or have agreed to exercise warrants to purchase an aggregate up 5,556,500 common shares of which 4,859,000 had an exercise price of Cdn$0.09 and 697,500 had an exercise price of Cdn$0.15. The gross proceeds to the company from the exercise of these warrants is Cdn$534,435 which will give the Company a current balance of Cdn$900,000 [...]
Candente Copper Corp. is pleased to announce that the Company has entered into an Assignment Agreement with Forte Copper Corp. , on the Don Gregorio copper-gold porphyry project. The Company entered into an Option Agreement on the Don Gregorio project with Forte Copper in 2017. The recently signed Assignment Agreement allows Forte Copper to move ahead with applications for drilling permits. Under the Assignment and Option [...]
Candente Copper Corp. is pleased to announce the voting results for its Annual General Meeting of shareholders held Thursday, September 17th, 2020 in Vancouver, British Columbia. A total of 34,206,593 common shares, representing 14.05% of the Company’s issued and outstanding shares were represented at the Meeting and all motions put forward were passed. The following sets forth a summary of the voting results: Number of [...]
Candente Copper Corp. is pleased to announce that Mr. Agustin Pichot has been appointed to the board of directors of Candente Copper, representing Fortescue Metals Group Ltd. who has a 19.9% shareholding in the Company. Mr. Pichot is President of Fortescue South America and is responsible for the development of Fortescue’s mining, energy and infrastructure business across the region. Previously Mr. Pichot founded Pegas [...]
Candente Copper Corp. advises that Mr. Luis Miguel Inchaustegui Zevallos has resigned as Advisor and Director of our Peruvian subsidiary, Ca?ariaco Copper Per? S.A. and has been named Minister of Energy and Mines of Peru. We thank Mr. Inchaustegui for all of his excellent advice and wish him all the best in his new endeavours. On another matter the Company also advises that the Board of Directors has adopted a new [...]
Candente Copper Corp. is pleased to announce the launch of a “CEO Verified” Discussion Forum on AGORACOM. This will serve as the Company’s primary social media platform to interact with both shareholders and the broader investment community in a fully moderated environment. The Candente Copper HUB is live and can be found at: https://agoracom.com/ir/CandenteCopper Candente Copper will also receive significant exposure [...]
Candente Copper Corp. advises that it has received conditional approval from the Toronto Stock Exchange to extend the exercise period of a total of 5,407,663 outstanding share purchase warrants issued pursuant to the private placement completed on July 29, 2016. The current expiry date of the Warrants, which was previously amended, is July 29, 2020 and the new expiry date will be July 29, 2021 . None of the warrants are [...]