Business
Marimaca Copper Announces Global Offering of C$409 Million (~ A$423 Million)
Treasury Offering of Approximately C$136 Million (~ A$141 Million) Secondary Offering of Approximately C$273 Million (~ A$283 Million)Vancouver, British Columbia--(Newsfile Corp. - February 17, 2026) - Marimaca Copper Corp. (TSX: MARI) (ASX: MC2) ("Marimaca" or the "Company") has announced today that it has entered into agreements with Beacon Securities Limited and BMO Capital Markets as co-lead agents and joint bookrunners (together, the "Canadian Co-Lead Agents"), co-managed with National Bank
About this update from Marimaca Copper Corp.
[{"type":"text","content":"Treasury Offering of Approximately C$136 Million (~ A$141 Million) Secondary Offering of Approximately C$273 Million (~ A$283 Million)","length":135,"tagName":"p","attribs":{}},{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - February 17, 2026) - Marimaca Copper Corp. (TSX: MARI) (ASX: MC2) ("Marimaca" or the "Company") has announced today that it has entered into agreements with Beacon Securities Limited and BMO Capital Markets as co-lead agents and joint bookrunners (together, the "Canadian Co-Lead Agents"), co-managed with National Bank Financial Inc., along with Euroz Hartleys Limited and Canaccord Genuity (Australia) Limited as co-lead agents and joint bookrunners (together, the "Australian Co-Lead Agents" and, together with the Canadian Co-Lead Agents, the "Joint Lead Managers") on behalf of a syndicate of agents to be formed in connection with a treasury offering of common shares (the "Common Shares") and CHESS Depositary Interests of the Company ("CDIs") of up to approximately C$136 million, or A$141 million1, and a secondary offering of existing Common Shares and CDIs owned and controlled by Greenstone Resources II L.P. and Greenstone Co-Investment No. 1 (Coro) L.P. (the "Greenstone Group") and certain other shareholders (together with the Greenstone Group, the "Selling Shareholders") of up to approximately C$273 million, or A$283 million1.","length":1282,"tagName":"p"},{"type":"text","content":"The Company along with the Canadian Co-Lead Agents, will conduct, on a commercially reasonable efforts agency basis, a public offering of Common Shares (the "Canadian Offering") at a price of C$10.00 per Common Share (the "Canadian Issue Price"). The Canadian Offering includes a treasury offering of Common Shares by the Company and a secondary offering of existing Common Shares owned and controlled by the Greenstone Group. The Canadian Offering is expected to close on or about February 26, 2026 and is subject to the Company receiving all necessary regulatory approvals, including approval of the Toronto Stock Exchange (the "TSX").","length":667,"tagName":"p"},{"type":"text","content":"Concurrently with the Canadian Offering, the Company, along with the Joint Lead Managers, will complete a...