Skip to main content

Royal Bank of Canada(RY-T)
TSX

Today's Change
Real-Time Last Update

ORION MINE FINANCE PROVIDES UPDATE ON ITS BENEFICIAL OWNERSHIP OF COMMON SHARES OF CAPSTONE COPPER CORP.

Newswire.ca - Wed Apr 10, 6:00AM CDT

TORONTO, April 10, 2024 /CNW/ - Orion Mine Finance Management LP announced today that Orion Fund JV Limited, Orion Mine Finance Fund II LP and Orion Mine Finance (Master) Fund I-A LP (collectively, "Orion"), completed the previously announced sale of a total of 62,400,000 CHESS depository interests (each a "CDI") over an equal number of common shares (each a "Common Share") of Capstone Copper Corp. ("Capstone") to Macquarie Capital (Australia) Limited, Canaccord Genuity (Australia) Limited and RBC Capital Markets (Australia) (collectively, the "Managers"), pursuant to a block trade agreement (the "Block Trade Agreement") between Orion and the Managers, at a price of A$9.50 per CDI for gross proceeds to Orion of approximately A$592,800,000 (the "Transaction").

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.

More from The Globe