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Copper Mountain Mining Receives Bondholder Approval for the Sale of the Eva Copper Project and the Australian Exploration Tenements and Announces Bond Buyback Offer

Provided By CNW

Last update: Nov 28, 2022

VANCOUVER, BC, Nov. 28, 2022 /CNW/ - Copper Mountain Mining Corporation (TSX: CMMC) (ASX: C6C) (the "Company" or "Copper Mountain") is pleased to announce that it has received bondholder approval ("Bondholder Approval") under its US$250 million senior secured bonds (the "Bonds") for the previously announced sale of its wholly-owned Eva Copper Project and its 2,100km2 exploration land package in Queensland, Australia (the "Transaction") to Harmony Gold Mining Company Limited (JSE: HAR) (NYSE: HMY) ("Harmony"). See Copper Mountain's press release dated October 6, 2022 ("Copper Mountain Mining Announces Agreement to Sell the Eva Copper Project and the Australian Exploration Tenements for Total Consideration of up to US$230 Million") for additional details regarding the Transaction.

Read more at newswire.ca

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