Cyprium Metals Ltd. advises the following changes to its Board: Appointment of Mr John Featherby as Non-Executive Director Cyprium is pleased to announce the appointment of Mr John Featherby as a Non-Executive Director of the Company, effective immediately. Mr Featherby has extensive experience in the stockbroking and wealth management industry. Mr [...]
Cyprium Metals Ltd. was formed in June 2019 with the strategy of developing copper projects in Australia. Cyprium's first transaction in 2019 was an earn-in and Joint Venture of the Hollandaire Copper Project, a shallow high grade copper sulphide resource. This was followed in 2020 by the purchase of the nearby shallow Nanadie Well Copper Gold [...]
Cyprium Metals Ltd. provides the following update in relation to its funding requirements and the commencement of a strategic review. Secured Loan Deed As outlined in the Company's 23 February 2023 ASX Announcement, the Company was unable to secure senior debt financing for the Nifty Copper Project Restart on commercially attractive terms and as a [...]
Cyprium Metals Ltd. provides the following update on the financing of the Nifty Copper Project Restart. The Company undertook fixed income investor calls with international debt capital market investors for a proposed issue of a USD denominated senior secured bond with a five-year tenor, subject to inter alia market conditions . The net proceeds [...]
Cyprium Metals Ltd. MD Barry Cahill tells Proactive the company has raised $35 million through a two-tranche placement of 318,636,364 fully paid ordinary shares to sophisticated and institutional investors at $0.11 per share. He says the commitments received form part of the finance package for the restart of the Nifty Copper Project. Cyprium will [...]
Cyprium Metals Ltd. is pleased to announce that it has received firm commitments for A$35.0 million through a two-tranche placement of 318,636,364 fully paid ordinary shares to sophisticated and institutional investors at $0.11 per Share. Each participant in the Placement will receive 1 free attaching option for every 1 Share to be issued under the [...]
Cyprium Metals Ltd. is pleased to invite investors and shareholders to the Cyprium Metals Investor Webinar to be held on Friday 3rd February 2023 at 11:00 am AEST / 09:00 am AWST. Cyprium Managing Director, Barry Cahill will provide an update on the Nifty Copper Project restart. Details of the event are as follows: Event: Cyprium Metals Investor [...]
Cyprium Metals Ltd. was formed in June 2019 with the strategy of developing copper projects in Australia. Cyprium's first transaction in 2019 was an earn-in and Joint Venture of the Hollandaire Copper Project, a shallow high grade copper sulphide resource. This was followed in 2020 by the purchase of the nearby shallow Nanadie Well Copper Gold [...]
Fuse Minerals Pty Ltd is pleased to provide the results of its target validating field program completed in late 2022 on the Mt Sydney Project located on the margin of the Pilbara Craton and Paterson Province in Western Australia, and directly adjacent to Cyprium Metals Ltd. Nifty Project- the sixth ranked copper development project in Australia [...]
Cyprium Metals Ltd. is pleased to advise that on Tuesday 17th January 2023, the Company is commencing fixed income investor calls with international debt capital market investors. The issue of a USD denominated senior secured bond with a five-year tenor may follow, subject to inter alia market conditions. HIGHLIGHTS - Fixed Income Investor Calls [...]
Cyprium Metals Ltd. as a small company, is communicating a strategy to investors, with a 1.6mt resource. Barry Cahill reminds viewers that the location of the company assets is in a Tier One location. His message is "we will keep going, we will get there, however long it takes and be the master of our destiny" CEO Barry Cahill discusses copper and [...]
Cyprium Metals Ltd. is pleased to announce that it has signed an exclusive Term Sheet with Transamine SA for USD35 million in respect of a Copper Cathode Offtake Secured Prepayment Facility . This Offtake Prepayment Facility is part of the targeted AUD240 million to AUD260 million debt funding package to finance the restart of the Nifty Copper [...]