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How Will Cobre’s $60m Raise Transform Its Chile Copper Ambitions?

1:02pm on Monday 30th of March, 2026 AEDT Mining
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How Will Cobre’s $60m Raise Transform Its Chile Copper Ambitions?

1:02pm on Monday 30th of March, 2026 AEDT
Key Points
  • Raised AUD 60 million at AUD 0.15 per share for Chile mine acquisition
  • Secured staged acquisition with call option for full ownership of Sierra Atacama
  • Sinomine invested additional AUD 1.5 million, totaling AUD 3 million
  • Funds directed to Okavango Copper Project exploration in Botswana
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