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Candente closes placement with Whittle and Fortescue - Vimarsana News

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.

Fortescue Exercises Right to Maintain Stake in Candente Copper - Vimarsana News

Fortescue Exercises Right to Maintain Stake in Candente Copper

By Robb M. Stewart Australian iron ore producer Fortescue Metals Group has exercised a pre-emptive right to maintain a 25% stake in Candente Copper, a Canadian company developing a copper-project in Peru. Candente on Wednesday said that a whol... | 08:38am