Highland Copper Company Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Highland Copper Company Inc closes financing and acquisition of Copperwood project
Highland Copper Company Inc:Says that it completes final closing of its previously announced private placement by issuing 36,694,800 of its common shares at price of C$0.50 per share for total gross proceeds of C$18.3 mln (Private Placement).Company also announces closing of previously announced acquisition of Copperwood Project (Copperwood) located in Upper Peninsula of Michigan, U.S.A. from Orvana Minerals Corp. (Orvana).Net proceeds of Private Placement will be used to pay $13 mln to Orvana and to settle transaction-related costs, with the balance being used for exploration and development of the Company's projects as well as for general working capital requirements.
Latest Developments for Highland Copper Company Inc
Latest Key Developments in Specialty
- AMG Advanced Metallurgical Group NV signs agreement to sell 40 pct. equity stake in AMG Graphit Kropfmuhl GmbH and 10.33 pct. equity stake in Bogala Graphite Lanka PLC
- Xiamen Tungsten Co Ltd announces change of president
- Asian Mineral Resources announces new chairman
- Rasa Corp to transfer business to subsidiary
- Share this
- Digg this