Arizona Sonoran Copper finalises C$51.75m public offering
This includes 3.3 million shares from the full exercise of the over-allotment option by underwriters. Priced at C$2 per share, the offering is a strategic move to secure financial stability for the company's upcoming projects.
The offering was conducted under an underwriting agreement dated 6 June 2025, with a syndicate led by Scotia Capital acting as the sole bookrunner.
The consortium also included Canaccord Genuity, Haywood Securities, Paradigm Capital, Raymond James, RBC Dominion Securities and Stifel Nicolaus Canada.
The net proceeds from the offering are earmarked for several key initiatives. They will primarily enable the company to exercise buy-down rights on net smelter return (NSR) royalties for the Cactus Project, fund potential land acquisitions, complete essential technical and engineering studies, and provide working capital and general corporate resources.
The company expects the newly acquired funds to sustain operations up to the final investment decision (FID) for the Cactus Project, which is expected in the fourth quarter of 2026 (Q4 2026).
The common shares were made available through a short form prospectus in Canada (excluding Quebec) and were offered in the US and other jurisdictions on a private placement basis, in compliance with all applicable laws.
Final approval of the offering from the Toronto Stock Exchange is pending.
In January this year, Arizona Sonoran Copper announced a strategic private placement worth C$19.9m with Hudbay Minerals, which will see Hudbay increase its stake in Arizona Sonoran by subscribing for 11.8 million common shares at C$1.68 each.
"Arizona Sonoran Copper finalises C$51.75m public offering" was originally created and published by Mining Technology, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Error al recuperar los datos
Inicia sesión para acceder a tu cartera de valores
Error al recuperar los datos
Error al recuperar los datos
Error al recuperar los datos
Error al recuperar los datos
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
26 minutes ago
- Yahoo
Dave Ramsey Caller Says Her Husband Is 'Not Very Good With Money.' Turns Out He Spent $14,000 On Scratch-Off Tickets In A Single Month
A recent caller on 'The Ramsey Show' shocked hosts Dave Ramsey and George Kamel when she revealed the extent of her husband's gambling problem. Rebecca, from Florida, initially described her husband as simply being 'not very good with money.' A Gut Feeling Turned Into A $14,000 Reality Rebecca said she and her husband were working through Ramsey's 'Baby Steps' and had a combined checking account, but she had avoided fully combining their finances because of her husband's behavior. 'I'm a little nervous,' she said. 'He's just not very good with managing it.' Don't Miss: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — Bill Gates Warned About Water Scarcity. When asked for more detail, Rebecca dropped a bombshell: 'In the past couple months, I discovered that he had a gambling issue.' At first, she said she believed it had stopped. When Ramsey asked what proof she had, she admitted, 'Not a whole lot.' As the conversation unfolded, Ramsey and Kamel learned that Rebecca's husband had gambled $14,000 in a single month—mostly on scratch-off lottery tickets. The couple brings in about $10,000 per month combined. 'He spent $14,000 on scratch-offs in a month?' Kamel repeated. 'That's not cool when you make 10 grand. That's like over the top.' Rebecca admitted her husband goes into debt when he loses and she has to cover the bills. Ramsey replied bluntly, 'You're going to have to treat this like he was doing cocaine.' Trending: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can Ramsey Walks Back His Initial Advice Earlier in the call, Ramsey had suggested combining finances fully and using a joint budget as a way to build trust and discipline. But after learning the full extent of the gambling, he changed course. 'At this point, it's cutting him off from access to the checking account,' Kamel said. 'This guy cannot be counted on. I think you're dealing with an addict, honey,' added Ramsey. Kamel chimed in, emphasizing that Rebecca should be managing the money on her own for now. Ramsey added that her husband needs to seek help immediately, including Gamblers Anonymous, a counselor, their pastor, and marriage counseling. 'It's an illogical thing, which points to addiction,' Ramsey said. 'To spend $14,000 when you make $10,000 on freaking scratch-offs, which is like the lowest probability of anything you can do.'He continued, 'The lottery is basically a tax on poor people and people who can't do math. Your husband's struggling with math.' Rebecca said she had to show her husband the evidence she gathered before he admitted to anything. Ramsey pressed: 'Do you think he's an addict or just hiding it?' Rebecca responded, 'I think he was just hiding it.' Even so, the hosts agreed that this behavior had crossed the line into something far more serious. Ramsey's final advice was direct: Rebecca must act quickly and treat this as a full-blown addiction. 'You're going to have to manage the money on your own right now,' Kamel added. Read Next: 2,000 High Earners Manage $6B With This AI Platform — UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Dave Ramsey Caller Says Her Husband Is 'Not Very Good With Money.' Turns Out He Spent $14,000 On Scratch-Off Tickets In A Single Month originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Digital Trends
27 minutes ago
- Digital Trends
The LG USB-C monitor is just $170 for a short time
It's one of the most unassuming monitors you'll ever see. Depicting itself with a simple screen that says 'LG Monitor' without any of the accolades, 'ultras,' or blue light blocking features (which are present for this monitor) this LG monitor can seem plain. However, the LG 27U631A-B (which we'll be referring to as the LG 27 USB-C Monitor) has a better stat profile than you might think and, with this deal, a very reasonable price. Usually $250, you can now get the monitor for $80 off, rendering it just $170. You can even save 5% or 10% more for buying 2 or 3 monitors, respectively, in LG's 'Buy More, Save More' event. It really makes it one of the best USB-C monitors you can buy today, an easily accessible pickup found by tapping the button below. Read on to see exactly why. Why you should buy the LG 27 USB-C Monitor This 27-inch monitor has a QHD (2560 x 1440 pixel) resolution with a smooth 100Hz refresh rate, HDR10 for a wide color gamut, and a USB-C connection with 15W power delivery. This makes it an excellent hub for your computing gear, and a great monitor to connect your laptop to when you're planning on sticking close to your home. There's a reading mode for low blue light and casual reading before bed, too. Finally, one interesting quirk of this monitor is that it has built-in webOS streaming, making it a sort of TV-lite. The LG 27 USB-C Monitor is now down to a price of just $170 after an $80 discount is applied to its regular price of $250. Compared to other monitors like it out there today (especially in a new era of tariffs) it's an incredible price point, especially when you can save an additional 5% or 10% if you buy 2 or 3 monitors instead of just the one. That makes this a great deal for those looking to expand the home office for everyone in the family. Looking for a something different? Check out these other monitor deals instead.
Yahoo
33 minutes ago
- Yahoo
I Asked ChatGPT How Much It Costs To Own a Car Over the Course of One's Lifetime — Here's What It Said
No one said owning a car was cheap. And over the course of your life, those costs add up. According to ChatGPT, the average person will spend between $700,000 and $1 million on car ownership from age 18 to 85. This includes everything from buying multiple vehicles to filling up the tank, insurance and handling maintenance and repairs. Below is how ChatGPT broke down those costs. Also here are hidden car costs that drive car owners mad. See Next: For You: Purchase The biggest car-related cost is its initial purchase price. In June 2025, the average new car costs nearly $49,000, while used car prices averaged around $25,500, according to Kelley Blue Book (KBB). ChatGPT also pointed out that most Americans replace their cars every six to ten years, meaning they'll own eight to ten vehicles during their lifetime. 'Even accounting for trade-ins or resale value, lifetime spending on car purchases easily reaches $335,000 to $400,000,' ChatGPT explained. Discover Next: Fuel and Energy Fuel is the second-largest ongoing cost, but it fluctuates depending on gas prices, type of vehicle and driving habits. The average American drives between 13,000 and 15,000 miles per year, ChatGPT said. At a gas price of $3.75 per gallon and a vehicle that gets 25 MPG, that's about $2,000 to $2,250 annually. Over 67 years of driving, that adds up to $135,000 to $150,000. Electric vehicle drivers can cut that cost significantly, especially if charged at home, it stated. However, EVs come with other tradeoffs such as higher upfront prices and charging challenges. Insurance Premiums Most states legally require auto insurance and it's typically a consistent annual expense. According to Experian, the national average cost of car insurance is $2,314 per year or about $193 per month for full coverage. Rates also vary widely by state. On the lower end, drivers in Vermont pay around $1,065 annually, while those in Maryland pay up to $4,323. Premiums fluctuate based on age, driving history, credit score, vehicle type and ZIP code. Over your lifetime, insurance costs could range from $70,000 to over $155,000, depending on where you live and how your rates change over time, according to ChatGPT. Maintenance and Repairs Cars require regular maintenance and eventually some repairs. The average car owner spends over $900 per year on routine maintenance and unexpected repairs, ConsumerAffairs reported. This adds up to around $60,000 to $70,000, assuming consistent upkeep and no major mechanical issues, ChatGPT calculated. Owners of luxury vehicles or aging cars could see much higher totals over time. Taxes, Fees and Registration Keeping the vehicle legal on the road comes with its own costs. AAA's 2024 Driving Costs report revealed that vehicle license, registration and taxes average about $815 per year across all vehicle types. This includes both the upfront costs when you buy a car and the annual fees required to keep it registered and insured. EV and hybrid drivers may also pay an additional fee, which is designed to replace lost gas tax revenue and can vary depending on the state. According to the National Conference of State Legislatures (NCSL), EV registration fees range from $50 in Colorado to $290 in New Jersey (set to take effect in 2028). Hybrid vehicle fees generally fall between $50 and $150 per year. This adds up to $50,000 to $55,000 per year, ChatGPT said. Interest Unless you paid with cash, you'll likely pay thousands of dollars in interest during your life. According to ChatGPT, a $40,000 new car loan with terms of 60 to 72 months and interest rates between 6% and 9% would cost $30,000 to $60,000 in interest payments alone. Parking, Tolls and Other Hidden Costs These costs are often overlooked, but can still make a difference. According to SpotHero and as analyzed by ChatGPT, the average monthly parking fee in major U.S. cities is $226.50, with some cities like New York City reaching $600. Tolls, bridges, permits and parking tickets can also make a difference over decades. In New York, MTA tolls for common crossings like the RFK Bridge or Queens Midtown Tunnel are $6.94 each way with E-ZPass or up to $11.19 without it, according to the Metropolitan Transportation Authority. On the low end, ChatGPT gave a total of $50,000 for suburban drivers, while urban commuters could pay as much as $230,000. More From GOBankingRates 5 Ways Trump Signing the GENIUS Act Could Impact Retirees7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth This article originally appeared on I Asked ChatGPT How Much It Costs To Own a Car Over the Course of One's Lifetime — Here's What It Said
