Business
Assessment Fee Payments & Indigo Capital Repayment
Phoenix Copper Limited has successfully paid the assessment fees for its unpatented mining claims in Idaho, securing these holdings for another year, and has fully repaid the principal amount owed to Indigo Capital LP, discharging its obligations under the convertible loan agreement. These actions follow a recent fundraise and indicate the company is managing its financial commitments and operational requirements. Disclaimer*
About this update from Phoenix Copper Ltd. (united Kingdom)
Phoenix Copper Limited / Ticker: PXC / Sector: Mining 4 August 2026 Phoenix Copper Limited ("Phoenix" or the "Company") Assessment Fee Payments and Indigo Capital Repayment Phoenix Copper Limited (AIM: PXC), the AIM quoted, 100% USA focused base and precious metals emerging producer and exploration company, is pleased to announce that following the completion of the recent fundraise, it has paid the assessment fees of its unpatented mining claims in Idaho, thereby securing the unpatented holdings for another calendar year. In addition, the Company also confirms that it has repaid in full the principal amount owed to Indigo Capital LP, thereby discharging all contractual obligations under the convertible loan agreement which was announced on 4 December 2025. The Company's Directors look forward to providing shareholders with more operational updates in the coming weeks. For further information please visit https://phoenixcopperlimited.com. Contacts Phoenix Copper Limited Catherine Evans [email protected] Ryan McDermott [email protected] Tel: +44 777 5566030 Tel: +1 208 9547039 SP Angel Corporate Finance LLP (Nominated Adviser) Jen Clarke / David Hignell / Devik Mehta Tel: +44 20 3470 0470 Zeus Capital Limited Harry Ansell / Katy Mitchell Tel: +44 20 7220 1666 BlytheRay (Financial PR) Tim Blythe / Megan Ray Tel: +44 20 7138 3204 Notes Phoenix Copper Limited is an emerging producer and exploration company specialising in base and precious metals, with an initial focus on copper, gold, and silver extraction from an open-pit mining operation within the United States. Located in the historic Alder Creek mining district near Mackay, Idaho, Phoenix's flagship asset is the Empire Mine, in which the Company holds an 80% ownership stake. The historic Empire underground mine, located beneath the surface of the Company's proposed open pit, boasts a rich history of producing high-grade copper, gold, silver, zinc, and tungsten. Since 2017, Phoenix has executed extensive drilling initiatives, resulting in an expansion of the Empire Open-Pit resource by over 200%. In May 2024 the Company published its inaugural mineral reserve statement for the&nbs...
View stock analysis, news, and events for Phoenix Copper Ltd. (united Kingdom)