Greenstone Resources L.P., a 10% Holder, acquired 880,219 Common Shares on an indirect ownership basis for registered holder Greenstone Co-Investment No. 1 (Coro) L.P. and 3,325,114 Common Shares on an indirect ownership basis for registered holder Greenstone Resources II L.P. at a price of $3.300 through a prospectus or prospectus exempt offering on March 11th, 2021. The insider also acquired 440,110 Warrants on an indirect ownership basis for registered holder Greenstone Co-Investment No. 1 (Coro) L.P. and 1,662,557 Warrants on an indirect ownership basis for registered holder Greenstone Resources II L.P. with an exercise price of $4.100 until December 3, 2022. This represents a $13,877,599 investment into the company's shares and an account share holdings change of 23.9%.
Marimaca Copper is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.
Coro Mining Corp is a Canada-based copper producer using its exploration, development and operational experience to develop low cost, low capital intensity, leachable operations in areas of infrastructure in Chile. The Company's asset portfolio consists of: The Marimaca Concessions and recently acquired Ivan Solvent Extraction & Electrowinning (SXEW) plant, which enables the Company to accelerate the production timeline from Marimaca; The La Atomica and Sierra Miranda claims located adjacent to the Marimaca Concessions; Minera Rayrock, which increased the Company's land position in Chile; Sociedad Contractual Minera Berta (SCMB), which includes the Berta Mine & Facilities, the Nora SXEW plant and El Jote option agreement.
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