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24 May 2021 | 13:56pm StockMarketWire.com - US focused precious metals producer and exploration company Phoenix Copper Ltd has announced announce that it has entered into an earn-in agreement with First Cobalt Idaho, in respect of the Redcastle Cobalt property on the Idaho Cobalt Belt. First Cobalt will pay US$50,000 and issue 200,000 unrestricted shares to Phoenix before completing two phases over a five-year period. Upon completion Pheonix and Cobalt will enter into a joint venture agreement. Ryan McDermott, CEO of Phoenix Copper, said: 'First Cobalt has been drilling from surface and u...

5 March 2021 | 09:51am StockMarketWire.com - Mining group Phoenix Copper has raised £16.45 million through a placing and subscription to fund the development of its Empire Mine, with an open offer set to raise a further £1.95 million. The company raised a total of £12.3 million in aggregate before costs through the placing of 35,129,991 new shares at an issue price of 35p per share and announced a direct subscription for 11,870,009 new shares, raising £4.15 million. It said that in order to provide qualifying shareholders with an opportunity to participate in the fundraising at the issue ...

Phoenix Copper draws down on debt facility for Empire mine in Idaho