Marimaca Copper Announces Global Offering of C$409 Million (~ A$423 Million)

Core Viewpoint - Marimaca Copper Corp. is conducting a treasury offering of approximately C$136 million (~ A$141 million) and a secondary offering of approximately C$273 million (~ A$283 million) to fund its Marimaca Project and provide liquidity to selling shareholders [1][2][4]. Offering Details - The Canadian Offering will be priced at C$10.00 per Common Share and is expected to close around February 26, 2026, pending regulatory approvals [2]. - The Australian Offering will involve a brokered placement of CHESS Depositary Interests (CDIs) at A$10.35 per CDI, also expected to close around February 26, 2026 [3]. Use of Proceeds - Net proceeds from the treasury offering will be allocated to advance the Marimaca Project, including pre-construction engineering, early site works, and a drilling campaign at Pampa Medina, along with working capital and general corporate purposes [4]. Shareholder Agreements - Selling shareholders have agreed not to sell any Common Shares or CDIs for a 90-day period following the Global Offering, subject to certain exceptions [5]. Regulatory Compliance - The Canadian Offering will be made via a prospectus supplement to the Company's base shelf prospectus and may be offered in the U.S. to qualified institutional buyers under the U.S. Securities Act [6][8]. - The CDIs will be offered in Australia to professional investors and in other jurisdictions to institutional or sophisticated investors [7]. Company Overview - Marimaca Copper Corp. is focused on its 100%-owned Marimaca Copper Project located in the Antofagasta Region of Chile, which hosts the Marimaca Oxide Deposit [10][11]. - The Company is progressing through detailed engineering and permitting processes while exploring its extensive land package in the region [11].