Marimaca Copper announces C$20 million strategic investment from Mitsubishi

- Marimaca Copper today announced a C$20 million equity investment by Mitsubishi Corporation by way of non-brokered private placement.

Following completion of the strategic investment, Mitsubishi will own approximately 5.0% of Marimaca’s issued and outstanding common shares on a non-diluted basis. Mitsubishi is a major investor in the Latin American copper industry with a portfolio of existing investments including Escondida, Los Pelambres, Antamina, Los Bronces and Quellaveco.

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