Copper

Hispania Resources Announces Opening of the Stock Market with the TSX Venture Exchange

Hispania Resources Announces Opening of the Stock Market with the TSX Venture Exchange

Hispania Resources Inc. (TSXV: ESPN) ("Hispania" or the "Company") is pleased to announce that it will be ringing the opening bell to open the stock market at the TSX Venture Exchange at 9:30am EST today.

To mark the occasion key stakeholders and members of Hispania's team in Toronto will be present at the TSX's presentation centre in Toronto, as well as stakeholders in Spain virtually. "We are proud to mark this significant occasion for our investors and partners today at the TSX Venture Exchange," said Norm Brewster, CEO of Hispania. "This is another key step for us as a public company and we look forward to many more opportunities to grow and celebrate the developments of Hispania. We would also like to thank the Exchange and its staff for its continued support."

About Hispania Resources Inc.

Hispania Resources Inc is a mineral exploration company focused on mining opportunities in Spain. Hispania is currently focused on developing the long-term mining potential of its core asset, the Zinc, Copper, Lead enriched Puebla de la Reina ("PBR") property in the low-risk and historic mining district of Extremadura in Southwest Spain. The PBR property covers an area of 90 km2. Hispania, through its subsidiary, La Joya, has entered into a purchase agreement with Auplata S.A. to acquire a 100% interest in the PBR property. The management of Hispania contains industry veterans who have more than 120 years of mineral exploration and production experience in multiple jurisdictions and have successfully managed multiple international mining companies. This includes in Spain, where some of the team was responsible for the founding and building of Iberian Resources, with the continued support of the local and regional governments, including the well developed and sophisticated transportation and mining infrastructure.

For more information on Hispania Resources Inc., visit: http://HispaniaResources.com/.

Contact Information

For more information or interview requests, please contact:

Norman Brewster - Chief Executive Officer
Norm@HispaniaResources.com
(416) 970-3223

Rahim Allani - Director
Rahim@HispaniaResources.com
(416) 457-0549

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information can be identified by words such as: "intend", "believe", "estimate", "expect", "may", "will" and similar references to future periods. Examples of forward-looking information include, among others, the expected completion date of the name change, as well as information relating to Hispania. Although Hispania believes that, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because Hispania can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks (i) that the future plans of Hispania may differ from those that currently are contemplated; and (ii) that the expected trading date of the Common Shares may change. Additional risks include those disclosed in the Filing Statement, which are incorporate herein by reference and are available through SEDAR at www.sedar.com. The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.

This news release is not an offer of the securities for sale in the United States. The securities described in this news release have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act of 1933, as amended) absent registration or an exemption from registration. This news release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state in which where such offer, solicitation or sale would be unlawful.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/148002

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Hispania Resources

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Hispania Resources

Hispania Resources to Begin On-Site Preparations for Exploration Program at Las Herrerias, on the Puebla de la Reina Property, Spain

Hispania Resources Inc. (TSXV: ESPN) ("Hispania" or the "Company") wishes to inform shareholders that it is preparing for the exploration program to be carried out at Las Herrerias ("Las Herrerias"), on the Puebla de la Reina property, located in Extremadura, Spain. Management will be onsite in early February to meet with its geological team to review and visit local geological areas of interest on the property identified by the work carried out in 202122 by the company.

While in the region, company management will be meeting with additional firms that carry out geophysical and diamond drilling activities, with the objective of determining timing and scope for the upcoming work at Las Herrerias. Further, management intends to again meet with the regional Ministry and politicians, including the Mayor of Puebla de la Reina, as they did in July, 2022, to ensure all local stakeholders needs are met.

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Hispania Resources

Hispania Resources Announces the Preparation of its Three-Year Exploration Program at Las Herrerias, on the Puebla de la Reina Property in Spain

Hispania Resources Inc. (TSXV: ESPN) ("Hispania" or the "Company") is pleased to update its plans for the coming year and prepares for its exploration program at the Puebla de la Reina ("PBR") property, Las Herrerias permit, for the next three years. This program consists of surface exploration, geophysics, surface sampling and diamond drilling across the property, which is located in a mining friendly jurisdiction in Southern Spain.

During the second half of the year, as travel opened up, Hispania's team met with regional government officials as well as the local Mayor in PBR to update on the company's plans going forward. The Mayor was appreciative and supportive of the Company's work during the COVID-19 pandemic, and was looking forward to more work in the area going forward. This continued through the back half of the year and after meeting with Government officials in Extremadura in the 3rd quarter of the year, "we presented the work program for Herrerias to the mining authorities and are pleased that it has been recommended for implementation," commented Norm Brewster, CEO of Hispania. The Company expects to begin this work program during the second quarter of 2023.

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Merida Announces Name Change and Results of Annual General and Special Meeting

Merida Announces Name Change and Results of Annual General and Special Meeting

Merida Minerals Holdings Inc ., (the " Corporation " or " Merida ") (TSXV: ESPN) announced that the Corporation has changed its name to "Hispania Resources Inc." effective November 17, 2022. The common shares of the Corporation will commence trading under the new name on the TSX Venture Exchange under its current trading symbol "ESPN" at market open on December 14, 2022. There is no consolidation or change in the share capital. The Corporation is changing its name as it plans to acquire additional mining property in various regions of Spain. Given these plans for expansion, the Corporation felt that the current name "Merida", being a reference to the specific region in Spain where the Corporation's current mining property is located, is no longer appropriate.

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Merida Minerals Inc

Merida Minerals Holdings Inc. Announces Re-Assay Results from Its Puebla de la Reina Property in Spain

Merida Minerals Holdings Inc. (TSXV: ESPN) ("Merida" or "the Company") is pleased to announce the results of initial core samples that have been re assayed from its Las Herrerais property, located near the village of Puebla de la Reina in Extremadura, Spain. The samples were procured from the secured facility that is controlled by the Geological and Mining Institute of Spain (Instituto Geologico y Minero de Espana or "IGME") located in Pennaroya, Extremadura. The core represents drilling carried out by IGME and Outukumpu on the Las Herreiras property previously.

The historical drilling was first carried out by IGME, which drilled 1,732.90 metres between 1984 and 1987.
IGME calculated a resource of 300,000 tonnes with grades of 1.6% Cu., 11% Zn., 1.2% Pb and 32 g/t Agi.

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Cyprium Metals

Building an Australian Copper Company

Investor Presentation February 2023

Cyprium Metals Limited (‘CYM’) is pleased to present its investor presentation.


Click here for the full ASX Release

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Cyprium Metals

Cyprium Metals Limited (ASX: CYM) – Reinstatement to Quotation

Description

The suspension of trading in the securities of Cyprium Metals Limited (‘CYM’) will be lifted immediately following the release by CYM of an announcement regarding a capital raise.

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Cyprium Metals Ltd A$35M Placement to Support Nifty Project Restart and Investor Presentation

Perth, Australia (ABN Newswire) - Cyprium Metals Limited (ASX:CYM) is pleased to announce that it has received firm commitments for A$35.0 million through a two-tranche placement (the Placement) of 318,636,364 fully paid ordinary shares (Shares) to sophisticated and institutional investors at $0.11 per Share. Each participant in the Placement will receive 1 free attaching option for every 1 Share to be issued under the Placement (Options).

The Placement was strongly supported by numerous sophisticated and professional investors, including numerous new and existing high quality domestic and offshore institutions.

The Options will be exercisable at $0.15 each on or before a date that is 2 years after the date of Cyprium shareholder approval. Cyprium will seek quotation for the Options, which will be subject to meeting certain listing requirements.

HIGHLIGHTS

- Firm commitments received for a Placement of 318.6 million shares at $0.11 per share to raise A$35 million (before costs)

- Placement participants to receive 1 attaching option for each Share, with a 2-year term and an exercise price of $0.15 per option

- Placement bookbuild received significant demand from numerous new and existing high quality domestic and offshore institutions

- Investor support for the Placement provides a strong endorsement of Cyprium's strategy and will be used as part of a total funding package for the Nifty Copper Project Restart

Managing Director Barry Cahill commented:

"We would like to thank the existing and incoming Cyprium shareholders for their support in this well supported capital raise. The commitments received for this Placement form part of the finance package for the restart of the Nifty Copper Project.

The completion of the capital raising, which is conditional with the finalisation of the senior debt financing will allow Cyprium to commence our construction plans and the production of copper metal plate on site in the first half of 2024.

The restart project economics remain very robust and are further enhanced based on current copper prices of AUD13,000 per tonne which is above those applied in the Nifty Copper Project Restart Study."

Use of Funds

From the Placement proceeds, A$20 million will be applied as part of the Company's funding strategy to finance the restart of the Nifty Copper Project which will aim to provide a sustainable, secure, and stable supply of copper metal at 25,000tpa.

The net proceeds from the bond issue together with the Offtake Prepayment Facility (refer to CYM ASX announcement dated 22 December 2022, "USD35M Secured Offtake Prepayment Facility for Nifty Copper Project Restart") comprises the targeted AUD240 million to AUD260 million debt funding package to finance the restart of the Nifty Copper Project.

The remaining funds raised from the Placement will be used to fund exploration activities, resource drilling, the costs of the capital raise, financing costs and for general working capital purposes.

*To view the Investor Presentation, please visit:
https://abnnewswire.net/lnk/767AQI25



About Cyprium Metals Ltd:

Cyprium Metals Limited (ASX:CYM) is poised to grow to a mid-tier mining business and manage a portfolio of Australian copper projects to deliver vital natural resources, strong shareholder returns and sustainable value for our stakeholders. We pursue this aim, in genuine partnerships with employees, customers, shareholders, local communities and other stakeholders, which is based on integrity, co-operation, transparency and mutual value creation.



Source:
Cyprium Metals Ltd

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Cyprium Metals

Cyprium Metals Limited (ASX: CYM) – Suspension from Quotation

Description

The securities of Cyprium Metals Limited (‘CYM’) will be suspended from quotation immediately under Listing Rule 17.2, at the request of CYM, pending the release of an announcement regarding a capital raising.

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Cyprium Metals

Investor Webinar - Updated

Cyprium Metals Limited (ASX: CYM) (“Cyprium” or the “Company”) is pleased to invite investors and shareholders to the Cyprium Metals Investor Webinar to be held on Monday 6 February 2023 at 12.30 pm AEST / 09.30 am AWST.

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Teck Announces Completion of Sale of Fort Hills Interests

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") announced today that it has completed the sale of its 21.3% interest in the Fort Hills Energy Limited Partnership ("Fort Hills") to Suncor Energy Inc. ("Suncor") and TotalEnergies EP Canada Ltd. ("TotalEnergies"), a subsidiary of TotalEnergies SE. Teck received aggregate cash proceeds of approximately $1 billion and does not anticipate any tax payable on the disposition.

About Teck
As one of Canada's leading mining companies, Teck is committed to responsible mining and mineral development with major business units focused on copper, zinc, and steelmaking coal. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world. Headquartered in Vancouver, Canada, Teck's shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources .

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