(Alliance News) - Phoenix Copper Ltd on Friday said that it is at "advanced stage" negotiations with investors for the proposed copper bond financing of its Empire mine project. Read More
Phoenix Copper Ltd - Base and precious metals explorer in the US state of Idaho - Extends initial term of short-term USD2.0 million three-month loan facility, first announced in late March before being extended in June by three months and November by two weeks to Friday last week, to a new expiry date of January 2. Says it has requested this to allow further time to conclude ongoing discussions with various investors regarding its proposed corporate copper bond issue. Says: "Although there can be no certainty until the bonds have been issued and settled, the company confirms that these discussions are at an advanced stage and the directors remain confident that the bond issue will close, thus allowing the company to have access to the relevant construction funding when required." Also notes that while the loan facility can be extended until March 31, the unnamed lender is not entitled to convert principal or other amounts into Phoenix Copper shares while the loan remains within the initial term. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Phoenix Copper Ltd - Base and precious metals explorer in the US state of Idaho - Says metallurgical test work at Empire mine shows possible "robust" copper, gold and silver recoveries. Says the test was completed by Forte Dynamics, which consisted of flotation processes as well as sulphuric acid leaching. Adds Navarre Creek drilling campaign is underway, with a total of 9.825 feet drilled so far. Read More
Phoenix Copper Ltd - Base and precious metals' explorer in the US state of Idaho - Says 2023 drilling programme underway at Navarre Creek exploration project in Custer County, Idaho. Says programme will comprise up to 60 reverse-circulation drill holes from 30 drill pads at the Navarre Creek claim block. Notes drill programme is to obtain a better understanding of mapping, surface geochemistry, mineral imagery and geomagnetic ground surveys. Read More
(Correcting that the loan facility is with Riverfort Global Opportunities PCC Ltd, not RiverFort Global Opportunities PLC). Read More
Phoenix Copper Ltd - base and precious metals explorer in US state of Idaho - Extends "short-term" USD2.0 million loan facility by a further three months. In March, Phoenix had signed the unsecured three-month loan facility carrying a fixed 4% coupon with High Wycombe, Buckinghamshire-based investment adviser RiverFort Global Opportunities PLC. At the time, it said the facility will strengthen operational working capital before the 2023 exploration season. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Phoenix Copper Ltd - base and precious metals explorer in US state of Idaho - Pretax loss widens to USD1.6 million in 2022 from USD969,250 in 2021. Records no revenue, unchanged from the previous year. Phoenix Copper expects market volatility to remain until the war in Ukraine reaches a conclusion. Read More
(Alliance News) - Phoenix Copper Ltd on Wednesday announced it completed its Red Star reverse circulation drilling at the Empire mine in Custer County, Idaho. Read More
(Alliance News) - Phoenix Copper Ltd on Friday said it was finalising discussions to place up to USD80 million of corporate copper bonds, initially announced in June. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Phoenix Copper Ltd on Wednesday said latest drill results from its Empire copper asset were "robust". Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Phoenix Copper Ltd - base and precious metals explorer in US state of Idaho - Interim loss widens as the firm continues to make no revenue. Half-year loss in the six months to June 30 widens to USD1.1 million, from USD199,481 a year ago. Administrative expenses increase to USD1.1 million, from USD295,368. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Phoenix Copper Ltd - base and precious metals explorer in US state of Idaho - Starts drilling programme at Empire Mine project in Idaho, US. Says it will collect PQ-diameter core samples for metallurgical testing. Aims to examine the possibility of bringing forward the production of metals. Read More