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Cobre Raises A$90 Million to Accelerate Sierra Atacama Copper Growth
10:10am on Thursday 9th of July, 2026 AEST
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Cobre Raises A$90 Million to Accelerate Sierra Atacama Copper Growth
10:10am on Thursday 9th of July, 2026 AEST
Key Points
A$90 million placement backed by major shareholders
Funds allocated to ownership increase, debt repayment, and plant upgrades
Placement shares priced at 9.1% discount to last close
Board participation subject to shareholder approval
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