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Marimaca Copper Corp.

ASX:MC2
No current share price held for this company.
No price history held for this listing yet.
Market cap
—
Shares on issue
—
Story beats
30 since 2025
Last event
9 Oct 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

7 Apr 2026drilling result▲ Good

Complete silver assays for all Pampa Medina drilling show silver tracking copper, e.g. SMRD-13 6m at 11.98% Cu and 82g/t Ag. Copper results were already released. Rigs, now five, are to increase over April and May.

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7 Apr 2026investor presentation● Neutral

April 2026 corporate presentation dated 2 April 2026. The visible text is the cover and disclaimers only, with no new figures or results shown.

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31 Mar 2026annual report● Neutral

Management's discussion for 2025 restates known events: the August 2025 DFS (50,000t a year, 13-year reserve life), the November RCA environmental approval, Pampa Medina drilling and a C$500m shelf prospectus. Targets construction-readiness in H2 2026. No new figures in the visible text.

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31 Mar 2026annual report● Neutral

Annual Information Form dated 30 March 2026 for 2025. The visible text is the contents page only, so it shows no new information. It is a compliance filing covering the business, properties and directors.

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31 Mar 2026director officer appointment● NeutralMajor

Giancarlo Bruno Lagomarsino, a director since 2023 and former Mantos Copper CEO, became Chair, replacing Michael Haworth, who stays as director and Audit Committee chair. Zenon Wozniak (ex-First Quantum) joined the board; Alan Stephens and Clive Newall retired on 27 March 2026.

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31 Mar 2026annual report● Neutral

Audited 2025 financial statements carry a clean PwC opinion. Exploration and evaluation assets were $90.6m at 31 December 2025, and management found no impairment indicators. The visible text gives no cash or loss figures.

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19 Mar 2026investor presentation● Neutral

March 2026 corporate presentation dated 18 March 2026. The visible text is the cover and disclaimers only, with no new figures or results shown.

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12 Mar 2026drilling result▲ GoodMajor

Pampa Medina west step-out holes hit high-grade copper-silver, best SWRD-02 74m at 1.21% Cu and 7.9g/t Ag from 520m, about 600m west of earlier drilling. Marimaca will expand from five to 10 rigs, targeting 100,000m in 2026, subject to stage-gates.

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10 Mar 2026other● Neutral

S&P update to the All Ordinaries rebalance: changes affect African Gold and American Rare Earths only. Marimaca's addition to the index, effective 23 March 2026, is unchanged.

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9 Mar 2026other● Neutral

Monthly securities statement for February 2026: CDIs 49,392,405 (up 21,925,676, from share transfers to CDIs) and common shares 84,326,969. The statement shows no new shares from the offering. Administrative.

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6 Mar 2026other▲ Good

S&P index quarterly rebalance notice. Marimaca Copper (MC2) is listed as an addition to the All Ordinaries index, effective 23 March 2026. The rest of the notice covers other companies.

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3 Mar 2026director officer appointment▲ GoodMajor

Joshua Watson, formerly of Teck, Barrick and Rio Tinto, appointed Project Director to lead development of the Marimaca Oxide Deposit. Nico Cookson became President from 1 March 2026; Hayden Locke remains CEO. The announcement says Marimaca is moving to the next development phase.

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27 Feb 2026capital raising announcement● NeutralMajor

Australian leg closed, completing the C$409m (about A$423m) global offering. 15,200,913 existing CDIs sold at A$10.35 (A$157m) with no proceeds to the company. Greenstone drops from 18.58% to 6.44% of shares and CDIs.

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27 Feb 2026capital raising announcement▲ GoodMajor

Canadian leg closed: C$257m, including C$136.5m of new shares for Marimaca. Insiders Assore (AIH) and Ithaki took 4,170,000 and 3,412,500 shares. Mitsubishi was given notice to buy additional shares under its existing agreement; outcome is cut off in the text. TSX final approval still pending.

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20 Feb 2026capital raising announcement● Neutral

Canadian prospectus supplement formalises the offering of 25,699,087 shares at C$10.00 (C$257m): 13,650,000 new from Marimaca and 12,049,087 sold by Greenstone. The company gets no secondary proceeds. Closing price before the offering was C$11.05 (A$11.55 on ASX).

What it means for a shareholder

25.7m new shares at C$10.00 to raise about C$257m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.

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19 Feb 2026capital raising announcement▲ GoodMajor

Bookbuild completed for the C$409m offering: C$136.5m new shares (13,650,000 at C$10.00) to the company, C$272.5m existing shares sold by holders. Greenstone's stake falls from 18.58% after sale. Pro forma cash before costs is C$227m (about A$235m).

What it means for a shareholder

137m new shares at C$10.00 to raise about C$1.36bn. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.

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18 Feb 2026capital raising announcement▲ GoodMajor

Marimaca launched a C$409m (about A$423m) global offering: about C$136m new shares from the company and about C$273m sold by Greenstone and others. Priced at C$10.00 per share and A$10.35 per CDI. Company proceeds fund pre-construction engineering, early site works and Pampa Medina drilling.

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10 Feb 2026other● Neutral

Monthly securities statement for January 2026: CDIs 27,466,729 (down 19,400 via TSX transfers), common shares 92,602,645. The 500,000 warrants at C$5.85 were converted and some options and RSUs redeemed. Administrative.

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6 Feb 2026investor presentation● Neutral

February 2026 corporate presentation dated 5 February 2026. The visible text is cover and disclaimers only, with no new figures or results shown.

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28 Jan 2026drilling result▲ GoodMajor

Phase II Pampa Medina results show new north-east oxide: SMRD-30 162m at 0.61% Cu, SMR-29 116m at 0.51% Cu, about 800m from the known oxide area. The company is re-evaluating the paused PEA for a larger oxide scale. Four deep sulphide holes await assays.

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16 Jan 2026investor presentation● Neutral

January 2026 corporate presentation. The visible text is cover and disclaimers only, still referencing the 25 August 2025 date, with no new figures shown.

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13 Jan 2026other● Neutral

Monthly securities statement for December 2025: CDIs 27,486,129 and common shares 91,906,464. Options and RSUs have declined, with a correction for a duplicated November RSU conversion. The 500,000 warrants at C$5.85 (expiring 7 Feb 2026) are still listed. Administrative.

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23 Dec 2025capital raising announcement● NeutralMajor

Marimaca filed a preliminary base shelf prospectus in Canada for up to $500m of shares, warrants, units or subscription receipts over 25 months. It is a flexible filing with no offering, price or size set yet, and it is not offered in Australia.

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8 Dec 2025other● Neutral

Monthly securities statement for November 2025: CDIs 27,537,676 (down 733,312 via transfers to TSX), common shares 90,979,898. Several options and the 500,000 warrants are listed at zero here, with the reason not stated. Administrative.

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13 Nov 2025half year report● Neutral

Unaudited Q3 2025 financial statements (not auditor-reviewed): working capital US$75.8m at 30 September 2025, up from US$22.7m at December 2024. Management says this funds at least the next twelve months. Consistent with the September raise.

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12 Nov 2025drilling result▲ GoodMajor

Final results from the 10,000m Pampa Medina program: SMRD-22 hit 48m at 2.05% Cu, SMR-19 16m at 2.29% Cu, 900m south of earlier drilling. Mineralisation now spans 1.6km x 1.4km and is open. A 30,000m Phase II program with five rigs has started.

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12 Nov 2025regulatory community update▲ GoodMajor

Marimaca received its formal environmental approval (RCA) for the Marimaca Oxide Project, filed December 2024, resolving the open thread expected before end-2025. Sectoral permits come next, with the project targeted construction-ready in the second half of 2026.

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10 Nov 2025director officer appointment● Neutral

General Counsel and Company Secretary Solange González resigned. No reason or replacement is given in the announcement.

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10 Nov 2025director officer appointment▼ Bad

Director Colin Kinley died suddenly. He joined in 2016, was Chairman 2017-2018, and most recently chaired the Audit Committee. His board seat stays vacant until a new director is confirmed at the next annual meeting.

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7 Nov 2025other● Neutral

Monthly securities statement for October 2025: CDIs 28,270,988 (down 111,223 via transfers to TSX-traded shares) and common shares 90,228,536. Warrants 500,000. Administrative.

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