Tier One Silver targets Oct. 8 close for 70% stake in Ruta de Cobre project company CMRDC
Bitget2026/09/24 21:36- Tier One Silver is moving toward a conditional purchase of 70% of Compañía Minera Ruta de Cobre’s shares.
- Completion is targeted for Oct. 8, 2026, alongside a C$7.4 million to C$9 million unit financing.
- Up to C$4.5 million of additional units may be sold at C$0.07 per unit, lifting the maximum to C$13.5 million.
- Net proceeds include US$1.8 million to fund initial purchase payment requirements for the Ruta de Cobre transaction.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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