Arizona Sonoran Copper Company Inc. today announces that, following preliminary consultation, the Company and Nuton LLC , a Rio Tinto Venture, have mutually agreed to commence discussions in January with respect to an amicable early termination of the option to joint venture agreement on the Cactus Project. The Company will continue to advance its Cactus Project on a standalone basis. Following from the recently completed [...]
Arizona Sonoran Copper Company Inc. an emerging US-based copper developer and near-term producer, is pleased to announce that further to its press release dated December 2, 2025, it has closed a C$10.4 million non-brokered private placement equity financing with Hudbay Minerals Inc. which exercised its pre-emptive rights under its Investor Rights Agreement . ASCU President and CEO, George Ogilvie commented, "The recent [...]
Arizona Sonoran Copper Company Inc. , announces that the Company has closed its previously announced private placement of common shares of the Company , pursuant to which the Company issued, on a "bought deal" basis, 25,746,300 Common Shares, including 3,358,200 Common Shares issued pursuant to the exercise in full of the option granted to the Underwriters , at a price of $3.35 per Common Share, for aggregate gross [...]
Arizona Sonoran Copper Company Inc. has filed the Cactus Project NI 43-101 Pre-feasibility Study technical report on SEDAR+ under the Company's issuer profile and is also available on the company website . Per the Company's press release dated OCT 20, 2025, the PFS outlines a long-life, economically viable conventional copper operation utilizing open-pit mining and heap leach SXEW processing to produce LME Grade A copper [...]
Arizona Sonoran Copper Company Inc. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought-deal private placement basis, 22,388,100 common shares of the Company at a price of C$3.35 per Common Share for gross proceeds of C$75,000,135 . The Company has also granted the [...]
Arizona Sonoran Copper Company Inc. : This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251020093272/en/ FIGURE 1: Estimated Annual Recovered Copper and Cumulative PFS Unlevered Free Cash Flows illustrates benefits of focusing on the optimized mine plan Simple open-pit / SXEW operation producing approximately 103,000 tonnes of estimated average annual copper [...]
Arizona Sonoran Copper releases its updated Mineral Resource Estimate for the Cactus brownfield copper project. The updated and expanded MRE is inclusive of a conversion drilling program that targeted the near surface material from the MainSpring property, part of the Parks/Salyer deposit, and step out and conversion drilling from the Cactus West and Cactus East deposits. The Cactus Project is wholly-owned and located on [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer, acquired 2,123 acres of private land adjacent to the Cactus Project , comprised of 2,043 acres from a consortium of related private corporate landowners and completed on August 29, 2025, plus an additional 80-acre parcel acquired from a single private corporate landowner on June 27, 2025. The Consortium Land together with the 80-acre Parcel are [...]
Arizona Sonoran Copper Company Inc. is pleased to announce the completion of both the infill to Indicated Pre-feasibility Study -related drilling program and a Cactus West step out drill program for a total of 232,000 ft , at the Cactus Project in Arizona. PFS drilling focused in the south of the Parks/Salyer deposit to upgrade near surface and low grade Inferred Mineral Resource Estimates to the Indicated classification [...]
Arizona Sonoran Copper Company Inc. , an emerging U.S. copper developer, is pleased to announce that further to its June 25, 2025 press release, ASCU has completed the 0.64% buy-down of certain net smelter returns royalties on the Cactus Project . Following execution of definitive documentation, total cash payments of US$8.91 million were made to RG Royalties, LLC, a subsidiary of Royal Gold Inc. and Elemental Royalties [...]
Arizona Sonoran Copper an emerging US-based copper developer and near-term producer, advises that, on July 11, 2025, Tembo Capital Elim Co-Investment LP announced the sale of 17.5 million common shares of the Company to Scotia Capital Inc. in a bought deal arrangement which, ASCU understands, closed on July 14, 2025. The Company further understands that Scotia, in turn, sold the Tembo Shares to various institutions in a [...]
Tembo Capital Mining GP III, acting in its capacity as general partner to Tembo Capital Elim Co-Investment, announces that it has agreed to sell 17,500,000 common shares of Arizona Sonoran Copper Company Inc. at a price of C$2.27 per Share, for total gross proceeds of C$39,725,000 pursuant to a bought deal arrangement with Scotia Capital Inc. The Company will not receive any of the proceeds from the Transaction, which is [...]
