Canadian Copper Secures $70M in Funding for Bathurst Project Development
Canadian Copper has secured C$96 million in funding from OR Royalties and Ocean Partners UK to develop its Murray Brook and Caribou Process Plant in Bathurst, New Brunswick. The funding includes an initial C$12.33 million and future investments, with OR Royalties acquiring a 20% silver and gold stream. The deal is expected to support project financing and permit approvals.
Topics: debt financing equity investment funding mining project development