Cyprium Metals Ltd. executive chair Matt Fifield joins Proactive's Jonathan Jackson after the company completed and published the Nifty Surface Mine Scoping Study, confirming the economic viability of a large surface mine.The study highlights that the optimal pit is estimated to contain 70 million tonnes of sulphide ore at 0.9% copper, leading to [...]
Cyprium Metals Ltd. provides the following overview of the Company's activities. Nifty Strategy The Company's priority is to restart the Nifty operation with lower capital intensity and lower risk by developing a large-scale open pit mine utilising the extensive sunk capital infrastructure. The Nifty development strategy currently includes the [...]
Cyprium Metals Ltd. advises that Wayne Apted has resigned as the Chief Financial Officer and Company Secretary, effective today. The Board wishes to thank Mr Apted for his considerable efforts and contribution to the growth of Cyprium since 2019 and wishes him well in his future endeavours. The Company's Group Financial Controller, Manu Trivedi [...]
Cyprium Metals Ltd. is pleased to announce the capital raising via a placement and a pro rata non-renounceable entitlement offer was oversubscribed, raising a total of $31.6 million before costs . - $24M Placement to Sophisticated and Institutional Investors Completed - $5M Entitlement Offer closed oversubscribed raising $7.6M from book build and [...]
Cyprium Metals Ltd. is pleased to advise that it has executed a Shortfall Agreement with Nebari Natural Resources Credit Fund II, LP to take $500,000 of the shortfall under the $5,000,000 Entitlement Offer which closes on 7 September 2023 . Under the Shortfall Agreement, Nebari has agreed to subscribe for $500,000 worth of Shares pursuant to the [...]
Cyprium Metals Ltd. is pleased to advise that it has lodged a prospectus with ASIC and ASX in respect of a proposed pro-rata non-renounceable entitlement issue to raise up to additional $5,000,000 . Together with the funds to be raised under the conditional placement to sophisticated and professional investors , the Company is seeking to raise up [...]
Cyprium Metals Ltd. is pleased to advise that it has received confirmation from ASX that its securities will, subject to the satisfaction of certain conditions , be reinstated to quotation following the voluntary suspension of its securities on 23 February 2023 . The Conditions are detailed in the Company's notice of general meeting released today [...]
Cyprium Metals Ltd. provides the following overview of the Company's activities. Highlights - Work underway on +15-year large scale open pit mine life development at Nifty, based on the current Mineral Resource Estimate of 940,200 tonnes of contained Copper - Firm commitments received for a conditional placement to raise $24M - Additional pro rata [...]
Cyprium Metals Ltd. is pleased to announce a capital raising via a placement and a proposed pro rata non-renounceable entitlement offer to raise up to approximately $29 million before costs . HIGHLIGHTS - Firm commitments received for a conditional placement to raise $24M - Additional pro rata non-renounceable entitlement offer to raise up to $5M o [...]
Cyprium Metals Ltd. is pleased to advise it has secured an 18-month, A$21.0 million equivalent USD-denominated secured loan facility with Nebari Natural Resources Credit Fund II, LP. The facility has refinanced the existing short term Secured Loan Deed facility with Avior Asset Management No. 2 Pty Ltd and provides working capital to advance the [...]
Cyprium Metals Ltd. advises the following appointment of experienced industry executives Appointment of Experienced Industry Executives Cyprium has, with immediate effect, appointed two experienced industry executives, Clive Donner and Milan Jerkovic, to work with the current management team and board. The refreshed team will review, optimise and [...]
Cyprium Metals Ltd. has a suite of high-quality copper projects with +1.6Mt of contained Copper in Mineral Resources. - Cyprium is undertaking a full strategic review of all assets - Work underway on +20 year super pit mine life development at Nifty, based on the current MRE of 940,200 tonnes of contained Copper - Cyprium has entered into a Secured [...]
