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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.

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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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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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.

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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.

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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.

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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.

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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.

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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.

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