Greenstone Resources buying at Coro Mining (COP)

Greenstone Resources buying at Coro Mining (T:COP)

Updated Friday Sep 28, 2018 02:15 AM EDT
Greenstone Resources L.P., a 10% Holder, acquired 328,540,466 Common Shares on a direct ownership basis at a price of $0.050 through a private transaction on September 26th, 2018. The insider also acquired 45,136,583 Common Shares on a control or direction basis for registered holder Greenstone Co-Investment No. 1 (Coro) L.P. at the same price. This represents a $18,683,852 investment into the company's shares and an account share holdings change of greater than 100%.

Coro Mining is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Coro Mining Corp is a Canada-based copper producer using its exploration, development and operational experience to develop low cost, low capital intensity, leachable operations in areas of infrastructure in Chile. The Company's asset portfolio consists of: The Marimaca Concessions and recently acquired Ivan Solvent Extraction & Electrowinning (SXEW) plant, which enables the Company to accelerate the production timeline from Marimaca; The La Atomica and Sierra Miranda claims located adjacent to the Marimaca Concessions; Minera Rayrock, which increased the Company's land position in Chile; Sociedad Contractual Minera Berta (SCMB), which includes the Berta Mine & Facilities, the Nora SXEW plant and El Jote option agreement.


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