Candente closes placement with Whittle and Fortescue
Toronto-listed Candente Copper, which will change its name to Alta Copper on Friday, has closed a nonbrokered private placement with Whittle Equity and Nascent Exploration, a wholly owned subsidiary of Australian miner Fortescue Metals. A total of 4.76-million shares were issued at C$0.18 each for gross proceeds of C$867 120.