Capstone Mining and Mantos Copper Complete Combination to Create Capstone Copper

March 23, 2022

Capstone Mining Corp. ("Old Capstone") and Mantos Copper (Bermuda) Limited ("Mantos") completed their previously announced business combination via a plan of arrangement under the Business Corporations Act (British Columbia). The transaction results in the creation of Capstone Copper Corp., with former Capstone shareholders receiving newly issued shares and former Mantos shareholders retaining a 39.8% stake at closing.

Buyers
Capstone Copper Corp., Capstone Mining Corp.
Targets
Mantos Copper (Bermuda) Limited, Capstone Mining Corp.
Location
British Columbia, Canada
Transaction Type
Buyout

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