Gunnison Copper Corp (GCUMF)
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Gunnison Copper announces $30M bought deal financing
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) announced a C$30 million bought deal financing aimed at advancing its Gunnison Copper Project in Arizona and supporting general corporate activities. The company said it has entered into an agreement with Canaccord Genuity acting as sole bookrunner on behalf of a syndicate of underwriters, to issue 71.43 million common shares at C$0.42 per share.
Gunnison Copper wins Arizona state tax credit to back domestic copper operations
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) has received a refundable tax credit from Arizona's state commerce authority to support its copper operations in the state. The Arizona Commerce Authority's Qualified Facility Tax Credit Program offers refundable state income tax credits tied to qualifying capital investments and net new full-time employment.
Gunnison Copper reports Q1 profit as Johnson Camp ramp-up continues
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) has reported a profitable first quarter as the company advanced development of its Arizona copper assets, highlighted by a new collaboration with Rio Tinto and Amazon Web Services and continued ramp-up activities at its Johnson Camp Mine. The company reported revenue of $20.1 million for the three months ended March 31, with gross profit of $11.4 million and net profit of $1.7 million, or $0.004 per share.
Gunnison Copper appoints Craig Hallworth as CEO - ICYMI
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) earlier this week appointed Craig Hallworth as president and chief executive officer as the company continues advancing both the Johnson Camp Mine restart and its flagship Gunnison copper project in Arizona. Proactive: All right welcome back inside our Proactive newsroom.
Gunnison Copper announces CEO change and executive appointments
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) has announced that Craig Hallworth will succeed Dr. Stephen Twyerould as president and chief executive officer as part of a planned leadership transition, alongside a series of executive and technical appointments aimed at advancing the company's flagship Gunnison Copper Project.
Gunnison Copper completes airborne survey, strikes royalty buyback deal
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) said on Wednesday that technology startup Lunasonde has completed an airborne geophysical survey over the company's Cochise Mining District land package in southern Arizona, as the copper explorer advances district-scale targeting efforts ahead of potential drilling. The survey employed Lunasonde's proprietary Airborne Georadiotomography (aGRT) technology to generate high-resolution subsurface imaging aimed at identifying copper-bearing structures.
Gunnison Copper joins US defense consortium to boost domestic supply chain
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) said on Thursday it has joined the Defense Industrial Base Consortium (DIBC), a US government-backed initiative aimed at strengthening domestic supply chains for critical minerals and defense-related technologies. The consortium, overseen by the US Department of Defense, is focused on accelerating industrial capacity and reducing reliance on foreign sources for materials considered vital to national security, including copper.
Gunnison Copper announces retirement of director Michael Haworth
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) announced that Michael Haworth has retired from its board of directors following the divestment of shareholdings by the Greenstone group of funds. Haworth had served on Gunnison's board since September 2014 as a representative of Greenstone.
