Arizona Sonoran Copper Company Inc. announced non-brokered private placement equity financing of 3,111,089 common shares at a price of CAD 3.35 for aggregate gross proceeds of CAD 10,422,148.15 on December 12, 2025. The transaction included participation from returning investor Hudbay Minerals Inc. which exercised its pre-emptive rights under its Investor Rights Agreement dated January 31, 2025. The Pre-emptive Right Shares issued under the Placement are subject to a statutory hold period under applicable Canadian securities laws, expiring four months and one day after closing the transaction.
The Placement remains subject to the final approval of the Toronto Stock Exchange.
