Marimaca Copper Corp. Begins Trading on the Australian Securities Exchange

April 03, 2025 06:09 PM AEDT | By Team Kalkine Media

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Marimaca Copper Corp. Begins Trading on the Australian Securities Exchange — Image source: shutterstock

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Highlights:

Marimaca Copper Corp. has commenced trading on the ASX under the ticker MC2.

Shares are available in the form of CHESS Depositary Interests (CDIs), each representing one fully paid common share.

The company continues to develop the Marimaca Copper Project in Chile’s Antofagasta Region.

Marimaca Copper Corp. has officially started trading on the Australian Securities Exchange (ASX). The company’s shares are listed under the ticker MC2 and are available in the form of CHESS Depositary Interests (CDIs). Each CDI represents a fully paid common share of the company. This marks a significant milestone in its broader market presence, offering a new trading avenue for its securities.

Correction on Listing Status

A previous announcement regarding the listing incorrectly stated that Marimaca was admitted to the ASX as a ‘Foreign Exempt Listing.’ The company has clarified that it was admitted to the official ASX list as a standard listing, rather than under the foreign exempt category. Trading commenced at 13:00 AEDT on the specified date, reflecting the accurate listing classification.

Company Overview

Marimaca Copper Corp. is engaged in copper exploration and development, focusing on its flagship asset, the Marimaca Copper Project. This project, along with its surrounding properties, is located in Chile’s Antofagasta Region. The company’s primary asset, the Marimaca Oxide Deposit (MOD), is classified as an iron oxide copper gold (IOCG)-type deposit. The project is advancing through a Definitive Feasibility Study, led by Ausenco Chile Ltda.

Exploration and Development Strategy

The company continues to expand its exploration efforts in Chile. Alongside the Marimaca Copper Project, the company controls a significant landholding in the region, including the Sierra de Medina property block. This block, which spans over fifteen thousand hectares, is located approximately twenty-five kilometers from the Marimaca Oxide Deposit. Ongoing exploration activities aim to assess the broader geological potential of this extensive land package.

Corporate Contact Information

Further details about the company’s activities and stock market presence can be found on its official website. Additionally, interested parties can reach out through designated contact channels for further inquiries regarding operations and corporate developments.

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