Troilus and Aurubis Sign Memorandum of Agreement for Long-Term Copper-Gold Concentrate Offtake at Berlin Critical Minerals Mission

Core Viewpoint - Troilus Gold Corp. has signed a Memorandum of Agreement with Aurubis AG for the long-term offtake of copper-gold concentrate from the Troilus Project in Québec, Canada, marking a significant step in project financing and development [1][3][4] Group 1: Agreement Details - The MoA formalizes the offtake terms previously indicated on June 18, 2025, and establishes a framework for long-term concentrate supply [1][3] - The agreement was signed during Canada's Critical Minerals Mission to Germany, highlighting the international significance of the project [2][4] - The MoA covers a substantial portion of Troilus' concentrate to be delivered to Aurubis, aligning with a broader debt financing package of up to US$700 million announced on March 13, 2025 [3][4] Group 2: Strategic Importance - The partnership is seen as a step forward in enhancing Canada-Europe cooperation on critical minerals, reinforcing Canada's position as a reliable supplier of responsibly sourced copper and gold [4][6] - The agreement underscores the importance of Canadian critical mineral projects in strengthening global supply chains and positions Troilus as a future North American supplier to European markets [6] Group 3: Support and Advisory - Ocean Partners USA Inc. is acting as Troilus' independent third-party advisor, providing market insight and guidance for the concentrate offtake strategy [7] - Auramet International Inc. is assisting with structuring the debt package and engaging with potential lenders and strategic partners [8]