Each one in plain English, with the numbers worked through for a shareholder.
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.
10 Nov 2025director officer appointment● Neutral
General Counsel and Company Secretary Solange González resigned. No reason or replacement is given in the announcement.
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.
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.
9 Oct 2025investor presentation● Neutral
October 2025 version of the feasibility study presentation, still dated 25 August 2025. The visible extract is cover and disclaimers only, with no new results.
8 Oct 2025other● Neutral
Monthly securities statement for September 2025: CDIs rose to 28,382,211 from 21,168,363, partly from share transfers from TSX holdings. Common shares are 90,117,313. Warrants at C$5.85 fell to 500,000 from 3,362,500. Administrative.
23 Sept 2025director officer appointment● Neutral
Some of CEO Hayden Locke's share units vested and he sold 106,771 shares to cover tax. His holding rose from 32,900 to 448,298 shares, and he retains 233,332 unvested units and 1,080,000 options. He has no plans to sell more.
12 Sept 2025capital raising announcement▲ GoodMajor
Placement closed: 8,247,423 CDIs issued at A$9.70 for about A$80m, with allotment on 12 September, subject to final TSX approval. Insiders Assore (1,376,289 CDIs) and Ithaki (1,226,805) took part. Mitsubishi (about 4.4%) has 30 business days to top up pro rata.
What it means for a shareholder
8.2m new shares at A$9.70 to raise about A$80.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
8 Sept 2025capital raising announcement▲ GoodMajor
Bookbuild completed: binding commitments for 8,247,423 CDIs at A$9.70, about A$80m (C$72.1m). Demand significantly exceeded the targeted amount, and new institutional investors join the register. Completion expected about 11 September, subject to TSX approval.
What it means for a shareholder
8.2m new shares at A$9.70 to raise about A$80.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
5 Sept 2025investor presentation● Neutral
Investor presentation for the A$80m placement. The visible extract is only the cover and disclaimers, with no new figures. Presumably supports the raise announced the same day (inference).
5 Sept 2025capital raising announcement▲ GoodMajor
Marimaca launched an A$80m placement of about 8.25m CDIs at A$9.70 (about C$72.1m), after the feasibility study. Funds go to detailed engineering at the main deposit, Pampa Medina and sulphide exploration, and general purposes. Trading halted pending the raise.
What it means for a shareholder
8.3m new shares at A$9.70 to raise about A$80.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
3 Sept 2025other● Neutral
Monthly securities statement for August 2025: CDIs unchanged at 12,398,771 and common shares at 94,096,995. Warrants of 3,362,500 at C$5.85 (expiring 7 Feb 2026) remain on issue. Administrative.
28 Aug 2025investor presentation● Neutral
Re-lodgement of the same feasibility study presentation, still dated 25 August 2025. Visible text is cover and disclaimers only, with nothing new beyond the previously announced study results.
27 Aug 2025investor presentation● Neutral
Presentation accompanying the 25 August feasibility study release. The visible extract is only the cover and disclaimers, with no new figures. Figures such as US$587m capex and 31% IRR were already announced.
26 Aug 2025resource reserve update▲ GoodMajor
Feasibility study for the Marimaca Oxide Deposit: 50ktpa copper cathode over 13 years, US$587m pre-production capital, post-tax NPV8 US$709m and 31% IRR at US$4.30/lb. Maiden reserve 178.6Mt at 0.42% copper (750kt). Environmental approval is expected by end-2025; debt partners targeted by year-end.
22 Aug 2025asset acquisition disposition▲ GoodMajor
Marimaca signed a binding option to buy a used 150,000 tonne-a-year sulfuric acid plant in Chile for US$2.5m (US$1.0m paid upfront, US$1.5m after a three-month review). It could supply 30-40% of the main deposit's acid needs.
18 Aug 2025drilling result▲ GoodMajor
Hole SMRD-16 extended Pampa Medina's high-grade copper 300m west, with 70m at 1.0% copper including 10m at 4.2%. The mineralised area is now 1.2km x 1.2km and still open, with three rigs on site in the 10,000m program.
13 Aug 2025half year report● Neutral
Unaudited June 2025 half-year accounts show working capital of US$25.6m (US$22.7m at Dec 2024), which management says funds operations for at least twelve months. Beyond that, further financing is needed. Routine financials.
13 Aug 2025quarterly activities report● Neutral
Q2 2025 management commentary recapping the ASX quotation, the Pampa Medina results and the June placement (C$24.4m gross, C$23.9m net). Repeats previously announced facts.
12 Aug 2025admin correction● Neutral
Australian registered office moved to 41 Colin Street, West Perth, effective immediately under ASX rules. Other contact details unchanged. Administrative notice only.
6 Aug 2025other● Neutral
Monthly securities statement for July 2025: CDIs unchanged at 12,398,771. 10,001 restricted share units converted to shares. The 11 July warrants no longer appear in the listing. Administrative.
15 July 2025other● Neutral
Short 'cleansing' prospectus offering up to 100 CDIs at A$10.65, lodged 15 July 2025 only to remove resale restrictions on shares recently issued, such as the June placement. Not a fundraising of substance.
7 July 2025other● Neutral
Monthly securities statement for June 2025: 1,395,000 CDIs moved to common shares trading on the TSX, leaving 12,398,771 CDIs. The 11 July 2025 warrants (4,640,371 at C$5.60) still shown on issue. Administrative.
4 July 2025investor presentation● Neutral
July 2025 corporate presentation. The visible extract is only the disclaimer and introduction, with no new results or figures shown. Presumably covers the 3 July Pampa Medina results (inference).
4 July 2025drilling result▲ GoodMajor
Pampa Medina drilling hit 6m at 12.0% copper within 26m at 4.1% (SMRD-13) and 40m at 2.1% (SMD-02), building on the earlier SMD-01 and SMR-01 results. A second rig and 14 holes are planned; the Pampa Medina PEA is paused. The main-deposit feasibility study is said to be near-complete.
16 June 2025capital raising announcement▲ GoodMajor
Second tranche closed, completing the private placement: 811,416 shares at C$4.60 to a new institutional investor. In total 5,311,416 shares were issued for about US$17.7 million (C$24.4m). Mitsubishi has been offered a pro-rata top-up.
What it means for a shareholder
811,416 new shares at C$4.60 to raise about C$3.7m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
12 June 2025capital raising announcement▲ Good
First tranche of the private placement closed: Assore (AIH) and Ithaki each bought 2,250,000 shares at C$4.60, about C$20.7 million in total. A second tranche of 811,416 shares (C$3.7m) is expected around 12 June.
What it means for a shareholder
2.3m new shares at C$4.60 to raise about C$20.7m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
5 June 2025capital raising announcement▲ GoodMajor
Marimaca proposes a US$17.7 million (C$24.4m) private placement of 5,311,416 shares at C$4.60. Insiders Assore (AIH) and Ithaki take 2,250,000 each, with an institutional investor taking the rest. Funds go to exploration and the Marimaca project. This is new dilution for shareholders.
What it means for a shareholder
5.3m new shares at C$4.60 to raise about C$24.4m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
4 June 2025other● Neutral
Monthly securities statement for May 2025: CDIs unchanged at 13,793,771. Only change is 10,000 restricted share units awarded on 26 May. Administrative.
29 May 2025investor presentation● Neutral
May 2025 corporate presentation repeating known project, resource and exploration information, including the 2023 resource estimate. The extract shows no new results or figures.
