January 30, 2024
Canadian Copper Takes the Reins at Murray Brook with Offtake Agreement and Credit Facility
Canadian Copper has made significant strides in its quest for dominance at the Murray Brook copper-zinc deposit in New Brunswick’s Bathurst camp, securing a 28% interest from Metalquest Mining (TSXV: MQM). The company’s ambition to claim full ownership materialized further when it initiated acquisition talks to buy out 72% majority owner Votorantim Metals Canada. Upon the completion of the title transfer, Murray Brook will fall entirely under the wing of Canadian Copper. In a pivotal move, Canadian Copper has inked an offtake agreement with Ocean Partners, solidifying its market presence. The deal dictates that Ocean Partners will purchase a minimum