Marimaca Copper Announces A$80,000,000 Placement

Core Viewpoint - Marimaca Copper Corp. is conducting a brokered placement of 8,376,964 Chess Depositary Interests (CDIs) at A$9.55 per CDI, aiming for gross proceeds of approximately A$80 million [1][2]. Group 1: Placement Details - The net proceeds from the placement will be allocated for detailed design and engineering at the Marimaca Oxide Deposit (MOD), exploration at the Pampa Medina Project, and general corporate purposes [2]. - The placement is subject to a waiver under ASX Listing Rule 7.1 and is being managed by Macquarie Capital, Euroz Hartleys, and Beacon Securities [3]. Group 2: Indicative Timetable - The indicative timetable includes a trading halt on ASX on September 5, 2025, with trading resuming on September 8, 2025, and placement settlement on September 11, 2025 [2]. Group 3: Company Overview - Marimaca Copper Corp. is focused on its 100%-owned Marimaca Copper Project located in the Antofagasta Region, Chile, which includes the Marimaca Oxide Deposit [6][7]. - The company is progressing through a Definitive Feasibility Study led by Ausenco Chile Ltda and exploring its extensive land package in the region [7].