Highland Copper Company Inc. announced today that the credit agreement with Osisko Gold Royalties Ltd and Greenstone Resources II LP entered into on May 20, 2019 was further amended. Osisko has made available to the Company under the credit agreement an additional amount of US$500,0000, increasing the total indebtedness under the credit agreement to US$5,000,000 plus accrued interest of approximately US$601,000 as of [...]
Highland Copper Company Inc. announced today that the maturity date for the repayment of outstanding indebtedness under its credit agreement of US$4,500,000 with Greenstone Resources II LP and Osisko Gold Royalties Ltd., was extended to September 4, 2020. Additional information about the Loan and previous extensions can be found in press releases of the Company, including those issued on May 21, 2019 and August 14, 2020 [...]
Highland Copper Company Inc. announced today that the maturity date for the repayment of outstanding indebtedness under its credit agreement of US$4,500,000 with Greenstone Resources II LP and Osisko Gold Royalties Ltd., was extended to August 31, 2020. Additional information about the Loan and previous extensions can be found in press releases of the Company, including those issued on May 21, 2019 and August 4, 2020 [...]
Highland Copper Company Inc. announced today that the maturity date for the repayment of outstanding indebtedness under its credit agreement with Greenstone Resources II LP and Osisko Gold Royalties Ltd., of US$4,500,000 , was extended to August 15, 2020. Additional information about the Loan can be found in previous press releases including those issued on May 21, 2019 and July 2, 2020, each of which are available on the [...]
Highland Copper Company Inc. announced today that the deadline to complete the acquisition of the White Pine North Project from Copper Range Company , a wholly owned subsidiary of First Quantum Minerals Ltd., was extended to December 31, 2020. The final closing of the acquisition is subject to a number of conditions, including, without limitation, a release of CRC from certain environmental obligations associated with the [...]
Highland Copper Company Inc. announced today that the maturity date for the repayment of outstanding indebtedness under its credit agreement with Greenstone Resources II LP and Osisko Gold Royalties Ltd., of US$4,500,000 , was extended to July 31, 2020. Additional information about the Loan can be found in the Company’s press releases issued on May 21, 2019, January 30, 2020 and June 1, 2020, each of which are available [...]
Highland Copper Company Inc. announced today that the maturity date for the repayment of outstanding indebtedness under its credit agreement with Greenstone Resources II LP, a significant shareholder of the Company, and Osisko Gold Royalties Ltd., of US$4,500,000 , was extended to June 30, 2020. The maturity date of the Loan was previously extended from February 28, 2020 to May 31, 2020. The Company is continuing its [...]
Highland Copper Company Inc. is pleased to announce an extension of the maturity date for the repayment of outstanding indebtedness under its credit agreement dated May 20, 2019 as well as an extension of the deadline for the completion of its acquisition of the White Pine North Project. Extension of Maturity Date re Loan On May 20, 2019, the Company entered into a credit agreement with Greenstone Resources II LP, a [...]
Highland Copper Company Inc. is pleased to announce that it has filed on SEDAR a technical report for the White Pine North Project prepared by independent qualified persons working for G Mining Services Inc. in accordance with Canadian Securities National Instrument 43-101 Standards of Disclosure for Mineral Properties and Form 43-101F1. The technical report entitled “Preliminary Economic Assessment, White Pine [...]
Highland Copper Company Inc. announces results of a preliminary economic assessment and a mineral resource estimate for the White Pine North Copper Project located in the historical copper range district of the Upper Peninsula of Michigan, U.S.A. The PEA provides a base case assessment of mining the mineral resources of the White Pine Project. The PEA considers White Pine North as a stand-alone project and utilizes [...]
Highland Copper Company Inc. announces that the deadline to complete the acquisition of the White Pine project from Copper Range Company , a wholly owned subsidiary of First Quantum Minerals Ltd., has been extended to January 31, 2020. The final closing of the acquisition is subject to a number of conditions including releasing CRC from certain environmental obligations associated with the remediation and closure plan of [...]
Highland Copper Company Inc. is pleased to announce the closing of its previously announced US$4.5M credit agreement entered into with Greenstone Resources II LP and Osisko Gold Royalties Ltd. Having satisfied all conditions precedent under the credit agreement, the Company has made an initial drawdown of US$2,750,000. The loan, which is secured by a mortgage on the Copperwood project, bears interest at a rate of 12% per [...]