Copper Mesa announces review of strategic alternatives

About this update from Vital Energy Inc.

[{"type":"text","content":"\n\n\n\nVANCOUVER, Feb. 26 /CNW/ - Copper Mesa Mining Corporation ("Copper Mesa"\nor the "Company") (TSX:CUX) today announced that it is reviewing its strategic\nalternatives, including, but not limited to, the sale of certain assets and,\nalternatively, the potential sale of the Company. Copper Mesa has engaged\nDesjardins Securities Inc. as financial advisor to assist the Company in\nevaluating and considering such alternatives and their potential for enhancing\nshareholder value.\n\n\nThe review was precipitated by the receipt of expressions of interest to\npurchase certain assets for cash and alternatively, purchase all of the\noutstanding shares of the Company. The Board of Directors of Copper Mesa has\nestablished a Special Committee of independent directors to oversee the review\nprocess and make recommendations to the Board. The Company emphasized that\nthere can be no assurance that any transaction or other alternative will\nultimately be completed.\n\n\nAbout Copper Mesa Mining Corporation\n\n\nCopper Mesa is a mineral exploration and development company focused on\nadvancing into production its two key past-producing copper properties, the\nZonia and Emerald Isle Mines in Arizona.\n\n\n","length":1277,"tagName":"div"}]

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