McEwen Considers IPO For Its Los Azules Copper Project
Canadian entrepreneur Rob McEwen said he is contemplating various financing routes for his Los Azules project in Argentina, hinting at a potential initial public offering (IPO) as early as November. Although McEwen Copper Inc. has funding secured for the project into next year, it is exploring the possibility of an IPO in late 2023 or early 2024. This potential IPO is anticipated to raise between $100 million and $150 million for an upcoming feasibility study. However, another round of private financing remains on the table, as revealed by McEwen and copper unit chief Michael Meding. The firm aims to complete the study by early 2025 and intends to commence copper production by the end of the decade.
Source: https://www.mining.com/web/mcewen-eyes-copper-ipo-as-soon-as-november-for-argentina-project/
This newsletter is for information purposes only.
Its contents do not constitute legal advice and it should not be regarded as a substitute for detailed advice in individual cases. Transmission of this information is not intended to create and receipt does not constitute a lawyer-client relationship between Charltons and the user or browser. Charltons is not responsible for any third party content which can be accessed through the website.
If you do not wish to receive this newsletter please let us know by emailing us at unsubscribe@charltonslaw.com