Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) has received pre-clearance for a proposed NYSE American listing under the ticker "GUNN," broadening US investor access to the Phoenix-headquartered copper company. The company is plannine a Level II ADR program, with each ADR representing 35 common shares, that would give US investors a dollar-denominated, exchange-listed security, with trading expected in late October.
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) has appointed Andre Lauzon, former chief operating officer of Hudbay Minerals Inc, to its board of directors. Lauzon is a mining executive with more than 30 years of experience in mine development, operations and permitting, including large-scale copper projects relevant to Gunnison's flagship project.
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) executives met with Arizona Governor Katie Hobbs to mark the company's approval under the state's Qualified Facility Tax Credit Program, which is expected to deliver US$2.0 million in non-dilutive cash funding tied to job creation at its Johnson Camp Mine. CEO Craig Hallworth and People First Leader Alex Bovell met with Hobbs in recognition of the partnership with the State of Arizona and the Arizona Commerce Authority's (ACA) QFTC Program approval.
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) earlier this week outlined progress across its Johnson Camp Mine and flagship Gunnison Copper Project, including $8 million of non-dilutive funding, a key permitting submission and the potential acceleration of its feasibility programme. CEO Craig Hallworth told Proactive that approximately 3 million tons of mineralised material would be added to the Johnson Camp mine plan under the company's agreement with Nuton.
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) has submitted an application to amend the Mined Land Reclamation Plan for its flagship open-pit Gunnison Project in Cochise County, Arizona, the company said, with approval expected before the end of 2026. The MLRP amendment is one of three principal state permit amendments required to advance the project under its planned open-pit configuration.
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) earlier this week outlined an expanding drilling and metallurgical testing programme at the Gunnison project, alongside a series of expected catalysts stretching into 2027. Chief Executive Officer Craig Hallworth told Proactive that two drill rigs were currently operating at the project, with the company planning to increase the programme to six rigs in September.
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) announced that it has completed all planned metallurgical drilling at its Gunnison deposit in Arizona and expanded its metallurgical testing program as it prepares to ramp up its 2026 district-wide drilling campaign. The company currently has two drill rigs operating at the Gunnison Copper Project, with metallurgical drilling now underway at the Strong & Harris deposit.
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) CEO Craig Hallworth attended the American Mining Industry and Critical Minerals Roundtable hosted by President Donald Trump at the Department of State in Washington, DC. Trump was joined by Secretary of State Marco Rubio, Interior Secretary Doug Burgum and Commerce Secretary Howard Lutnick, along with mining executives and academics, focused on shoring up domestic supplies of critical minerals, boosting mining and processing capacity at home, and cutting reliance on foreign sources.
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) submitted certification to the DOE confirming its Arizona mine met the requirements for a $13.9 million Section 48C tax credit, a federal program supporting domestic critical minerals production, marking a step toward monetizing the non-dilutive funding. The submission confirms the project has met requirements under the company's 48C application, including placing eligible assets into service and commencing production at its Johnson Camp Mine in Arizona in 2025.
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) has settled its outstanding convertible debentures in cash rather than allowing conversion into common shares, eliminating a major source of shareholder dilution. The move prevents the issuance of about 28.9 million common shares to Greenstone Excelsior Holdings LP and Greenstone Resources LP, strengthening the company's capital structure, Gunnison said.
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) has announced plans for a district-wide drilling program at its Gunnison copper project, including the Strong & Harris satellite deposit, in Arizona's Cochise Mining District. The company said the program has been fully contracted and committed, with drill rig mobilization expected to begin this month.
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) announced that it has completed its previously announced bought deal public offering, raising approximately C$34.5 million in gross proceeds to support development of its Arizona copper project. The company issued 82.1 million common shares at a price of C$0.42 per share, a figure that includes the full exercise of the underwriters' over-allotment option for an additional 10.7 million shares.