Highland Copper Announces Final Approval of US$50 Million Grant

Investor webinar replay

Meeting Overview The meeting featured a discussion between Highland Copper's CEO, Barry O'Shea, and an unidentified moderator regarding the recent approval of a $50 million grant from the state of Michigan. The conversation focused on the implications of this funding for Highland Copper's future projects, particularly the Copperwood project, and the overall financing strategy moving forward. Key Discussion Points - Announcement of a $50 million non-dilutive grant from the state of Michigan. - Importance of the grant for project financing and job creation (380 jobs expected). - Structure of the grant as performance-based reimbursement tied to specific milestones. - Regional support for the Copperwood project from local leaders and communities. - Overview of the financing strategy, including a $250 million letter of interest from USXM and additional funding needs. - Discussion on the current copper market and its impact on financing conversations. Decisions Made - No explicit decision...

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[Speaker identities could not be resolved; generic labels used] [00:00] Speaker 1: Okay, I see people coming to the room at breakneck speed. So I'll say good morning, good afternoon, or good evening, depending on where in the world you're logging in from today. I know there's quite a few of you, and it looks like from all around the world. So really appreciate everybody's time today. I'm lucky enough to have with me Barry O'Shea, CEO of Highland Copper to discuss some pretty good news. Barry, how are you? I'm doing well, thanks for having me. I'm good to be here. Awesome. So here's how today's gonna work, just for the folks in the room. I've got some questions based on not just the [00:27] Speaker 1: news, but also some of the future of what's to come next for Highland Copper. But this is an interactive event. I know a lot of you already asked questions in advance over email. So we'll be able to get to all those. But this is also an interactive event, so please do use the chat button at the bottom of your screen to ask questions during today's event. Particularly if there's something you feel that we haven't covered during the questions that we get to. If for whatever reason I don't answer your question today, chances are it just ran out of time or it didn't quite fit with the conversation. I'm still going to make sure the Highland Copper team gets those questions. So still feel free to ask them, even if we don't get to them today. [00:58] Speaker 1: Only other thing I'll say is Today's event is being recorded and will be available for replay [01:03] Speaker 1: before end of day Eastern time so it will pop right in your inbox. It will also be available on Six's YouTube channel. Final thing before we get into the protein, there's a request meeting button at the bottom...