Highland Copper Company Inc. announced today that the maturity date for the repayment of outstanding indebtedness under its credit agreement with Greenstone Resources II LP, a significant shareholder of the Company, and Osisko Gold Royalties Ltd., of US$4,500,000 , was extended to June 30, 2020. The maturity date of the Loan was previously extended from February 28, 2020 to May 31, 2020. The Company is continuing its [...]
Highland Copper Company Inc. is pleased to announce an extension of the maturity date for the repayment of outstanding indebtedness under its credit agreement dated May 20, 2019 as well as an extension of the deadline for the completion of its acquisition of the White Pine North Project. Extension of Maturity Date re Loan On May 20, 2019, the Company entered into a credit agreement with Greenstone Resources II LP, a [...]
Highland Copper Company Inc. is pleased to announce that it has filed on SEDAR a technical report for the White Pine North Project prepared by independent qualified persons working for G Mining Services Inc. in accordance with Canadian Securities National Instrument 43-101 Standards of Disclosure for Mineral Properties and Form 43-101F1. The technical report entitled “Preliminary Economic Assessment, White Pine [...]
Highland Copper Company Inc. announces results of a preliminary economic assessment and a mineral resource estimate for the White Pine North Copper Project located in the historical copper range district of the Upper Peninsula of Michigan, U.S.A. The PEA provides a base case assessment of mining the mineral resources of the White Pine Project. The PEA considers White Pine North as a stand-alone project and utilizes [...]
Highland Copper Company Inc. announces that the deadline to complete the acquisition of the White Pine project from Copper Range Company , a wholly owned subsidiary of First Quantum Minerals Ltd., has been extended to January 31, 2020. The final closing of the acquisition is subject to a number of conditions including releasing CRC from certain environmental obligations associated with the remediation and closure plan of [...]
Highland Copper Company Inc. is pleased to announce the closing of its previously announced US$4.5M credit agreement entered into with Greenstone Resources II LP and Osisko Gold Royalties Ltd. Having satisfied all conditions precedent under the credit agreement, the Company has made an initial drawdown of US$2,750,000. The loan, which is secured by a mortgage on the Copperwood project, bears interest at a rate of 12% per [...]
Highland Copper Company Inc. is pleased to announce the execution of a credit agreement with two of its significant shareholders, Greenstone Resources II LP and Osisko Gold Royalties Ltd . Under the terms of a credit agreement , the Lenders have agreed to provide the Company with a loan of up to US$4.5M . The Loan will bear interest at a rate of twelve percent per annum, has a maturity date of nine months from the initial [...]
Highland Copper Company Inc. announces that Mr. Luc Lessard has resigned from the Company’s Board of Directors effective February 21, 2019, for personal reasons. On behalf of the Company, Mr. David Fennell wishes to thank Mr. Lessard for his past services and wishes him well in his future projects. About Highland Highland Copper Company Inc. is a Canadian-based company focused on exploring and developing copper [...]
Highland Copper Company Inc. is pleased to announce the receipt of the mining, air and dam safety permits from the Michigan Department of Environmental Quality for its Copperwood project located in the Upper Peninsula, Michigan, USA. Mining Permit The MDEQ has approved the Company’s request to amend the Mining Permit originally granted in 2012 to Copperwood Resources Inc., the Company’s 100%-owned subsidiary [...]
Highland Copper Company Inc. wishes to announce results of its annual general meeting of shareholders held on December 5, 2018. All matters submitted to the shareholders for approval as set out in the Company's Information Circular dated October 12, 2018, were approved by the requisite majority of votes cast at the AGM. Messrs. Jean Desrosiers, David Fennell, John Johnson, Luc Lessard, Denis Miville-Deschenes and Jo Mark [...]
Highland Copper Company Inc. and Copper Range Company , a wholly-owned subsidiary of First Quantum Minerals Ltd., have agreed to extend the period to complete the acquisition of the White Pine project to March 31, 2019. The final closing of the acquisition is subject to a number of conditions including releasing CRC from certain environmental obligations associated with the remediation and closure plan of the historical [...]
Highland Copper Company Inc. is pleased to announce that its 100% held Michigan subsidiary, Copperwood Resources Inc., has received the amended wetland, lakes and streams permit from the Michigan Department of Environmental Quality Water Resources Division for its Copperwood project located in the Upper Peninsula, Michigan, USA. Denis Miville-Deschênes, President & CEO of Highland Copper commented: “The [...]
