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Orion Resource Partners announces sale of minority stake in Capstone Copper

Newswire.ca - Thu Apr 11, 7:45AM CDT

Transaction generates AUD $592.8 million

NEW YORK, April 11, 2024 /CNW/ -- Orion Resource Partners LP, a global investment firm specializing in metals and materials, has announced that three funds advised by Orion (collectively, "Orion") have collectively sold an 8.3% stake in Capstone Copper Corp. ("Capstone") (TSX: CS; ASX: CSC), a premier global copper producer operating across the Americas, for gross proceeds of approximately AUD $592.8 million. Following the transaction, Orion will continue to remain one of the largest shareholders in Capstone, with a 12% stake.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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