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Marimaca Copper Announces Closing of Australian Offering to Complete Global Offering of C$409 Million (~A$423 Million)
Not for release to United States news wire services or for dissemination in the United States VANCOUVER, BC / ACCESS Newswire / February 26, 2026 / Marimaca Copper Corp. (TSX:MARI)(ASX:MC2) ("Marimaca" or the "Company") is pleased to announce the ...
About this update from Marimaca Copper Corp.
[{"type":"text","content":"Not for release to United States news wire services or for dissemination in the United States","length":93,"tagName":"p"},{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / February 26, 2026 / Marimaca Copper Corp. (TSX:MARI)(ASX:MC2) ("Marimaca" or the "Company") is pleased to announce the closing of the Australian secondary offering of 15,200,913 existing CHESS Depositary Interests of the Company (the "CDIs") at a price of A$10.35 per CDI owned and controlled by Greenstone Resources II L.P. and other shareholders (the "Selling Shareholders") for aggregate gross proceeds of A$157 million (the "Australian Secondary Offering").","length":545,"tagName":"p"},{"type":"text","content":"The previously announced global treasury and secondary offering has now been fully completed for aggregate gross proceeds of C$409 million, or A$423 million[1] (the "Global Offering"). See the Company's prior press release dated February 26, 2026 in respect of the completion of the Canadian offering (the "Canadian Offering") for aggregate gross proceeds of C$257 million, comprised of a treasury offering for aggregate gross proceeds of C$136.5 million (the "Canadian Treasury Offering") and a secondary offering for aggregate gross proceeds of C$120.5 million (the "Canadian Secondary Offering" and together with the Australian Secondary Offering, the "Secondary Offering").","length":731,"tagName":"p"},{"type":"text","content":"The Australian Secondary Offering was completed as a brokered placement of CDIs by Euroz Hartleys Limited, Canaccord Genuity (Australia) Limited, Beacon Securities Limited and BMO Capital Markets, (the "Joint Lead Managers"), who acted as co-lead agents and joint bookrunners to the Global Offering.","length":309,"tagName":"p"},{"type":"text","content":"The net proceeds of the Australian Secondary Offering were paid to the Selling Shareholders, and the Company did not receive any proceeds thereunder.","length":149,"tagName":"p"},{"type":"text","content":"Early Warning Disclosure","length":24,"tagName":"p"},{"type":"text","content":"Upon closing of the Global Offering, Greenstone Resources II L.P. and Greenstone Co-Investment No. 1 (Coro) L.P. (the "Greenstone Group") collectively beneficially own and con...