Ankündigung • Sep 15
Quetzal Copper Corp., Annual General Meeting, Nov 10, 2025 Quetzal Copper Corp., Annual General Meeting, Nov 10, 2025. Board Change • Sep 03
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Barry Coughlan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Jun 27
Silverco Mining Corp. entered into a binding letter of intent to acquire Quetzal Copper Corp. (TSXV:Q) in a reverse merger transaction. Silverco Mining Corp. entered into a binding letter of intent to acquire Quetzal Copper Corp. (TSXV:Q) in a reverse merger transaction on June 25, 2025. As a condition precedent of the Transaction, Quetzal’s board of directors will approve a consolidation of Quetzal’s issued and outstanding share capital on a 100:1 basis (the “Consolidation”). The shareholders of Silverco will receive common shares in the capital of Quetzal based on an exchange ratio to be determined in the context of the market at the time of execution of the Definitive Agreement. Upon closing of the Transaction, it is anticipated that the shareholders of Quetzal will hold approximately 2% of the common shares of the Resulting Issuer. In connection with the Transaction, Quetzal intends to change its name to “Silverco Mining Ltd.” and list on the TSX-V as a Tier 2 mining issuer.
The completion of the Transaction is subject to the satisfaction of various conditions, including but not limited to satisfactory completion of due diligence by Quetzal and Silverco, the approval of the Transaction by the Quetzal shareholders, the approval of the listing of the Resulting Issuer Shares on the TSX-V, and other conditions customary for a transaction of this nature, approval by regulatory board / committee and approval of merger agreement by target board. New Risk • Jun 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.1m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 68% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.41m market cap, or US$1.76m). Ankündigung • Mar 01
Quetzal Copper Corp. announced that it has received CAD 2.437499 million in funding On February 28, 2025, Quetzal Copper Corp. closed the transaction. n total, the Company raised gross proceeds of CAD 2,437,498.92 and issued 11,470,611 flow-through units at CAD 0.17 per unit and 3,249,967 non-flow-through units at CAD 0.15 per NFT Unit. The Company issued 5,735,306 Warrants as part of the FT Unit issuance and 1,624,984 Warrants as part of the NFT Unit issuance. Each warrant is exercisable at CAD 0.25 per share for 24 months from the issuance date. Ankündigung • Feb 18
Quetzal Copper Corp. announced that it has received CAD 2.437499 million in funding On February 18, 2025, Quetzal Copper Corp. closed the transaction. The company issued 3,249,967 Non-FlowThrough Units at a price of CAD 0.15 per NFT Unit, for gross proceeds of CAD 487,495.05 and 185,758 flow-through units at price of CAD 0.17 for proceeds of CAD 31,578.86 for the aggregate gross proceeds of up to CAD 519,073.91 in its final tranche. In total, the Company raised gross proceeds of CAD 2,437,498.92 and issued 11,470,611 flow through units at CAD 0.17 per unit and 3,249,967 NFT Units at CAD 0.15 per NFT Unit. The Company paid cash finder’s fees in the amount of CAD 82,000 and issued an aggregate of 482,353 finder’s warrants in connection with the offering. The securities underlying the FT Units and NFT Units are subject to a statutory hold period in Canada ending on the date that is four months plus one day following the issuance date. The Offering has received conditional approval from the TSX Venture Exchange. New Risk • Jan 12
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$87k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.72m market cap, or US$3.27m). Minor Risk Significant insider selling over the past 3 months (CA$87k sold). Board Change • Nov 28
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Barry Coughlan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 27
Quetzal Copper Corp. Announces Changes to the Board of Directors Quetzal Copper Corp. announced the addition of Ms. Lisa Thompson and the departure of John Fraser to the Company's Board of Directors effective November 19, 2024. Ms. Thompson brings over 20 years of experience as a corporate/securities paralegal, working with both large and small public companies listed for trading on US and Canadian stock exchanges. For over five years, Ms. Thompson provided corporate secretarial consulting services for US and Canadian companies. She is a co-founder of Meraki Corporate Services in Vancouver, BC. Mr. Fraser was a valued founding director. He provided guidance, insight, and contributions to corporate strategy during his tenure. Ankündigung • Nov 19
Quetzal Copper Corp. announced that it expects to receive CAD 3 million in funding Quetzal Copper Corp announced a that it has entered into an agreement with Independent Trading Group as lead agent and sole bookrunner in connection with a best efforts private placement to issue 6,666,666 units at an issue price of CAD 0.15 per unit for the gross proceeds of CAD 999,999.9 and 10,526,315 flow-through common shares at an issue price of CAD 0.19 per FT Share for gross proceeds of up to CAD 1,999,999.85; aggregate gross proceeds of CAD 2,999,999.75 on November 18, 2024. Each Unit issued under the Offering shall consist of one common share and one-half of one Common Share purchase warrant. Each Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of CAD 0.25 per Common Share for a period of 24 months from the Closing Date. The Offered Securities will be subject to a statutory hold period in Canada ending on the date that is four months plus one day following the Closing Date. The Units may also be sold in offshore jurisdictions and in the United States on a private placement basis pursuant to one or more exemptions from the registration requirements of the United States Securities Act of 1933. ITG will have an option to increase the size of the Offering by up to 15% through the sale of up to 999,999 additional Units at a price of CAD 0.15 per Unit and 1,578,947 FT Shares at a price of CAD 0.19 per FT Share. The Agent’s Option is exercisable, in whole or in part, at any time up to 48 hours prior to the Closing Date. The Offering is expected to close on or about December 18, 2024. Closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. New Risk • Sep 07
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.3m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.86m market cap, or US$2.84m). Ankündigung • Jun 20
Quetzal Copper Corp., Annual General Meeting, Oct 16, 2024 Quetzal Copper Corp., Annual General Meeting, Oct 16, 2024. Location: british columbia, vancouver Canada Ankündigung • Jun 08
Quetzal Copper Corp. announced that it expects to receive CAD 2 million in funding Quetzal Copper Corp. announced a non-brokered private placement of 5,000,000 hard-dollar units at a price of CAD 0.20 per unit for the gross proceeds of CAD 1,000,000 and 4,545,455 flow-through units at a price of CAD 0.22 per unit for the gross proceeds of CAD 1,000,000 for the total gross proceeds of CAD 2,000,000 on June 6, 2024. Each HD Unit consists of one common share and one-half common share purchase warrant. Each FT Unit will consist of one common share to be issued as a “flow-through share” within the meaning of the Income Tax Act and one-half of one Warrant. Each full warrant entitles the holder to purchase one additional common share at CAD 0.35 each for a period of two years following the date of closing. The Offering is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange. The Company may pay finder’s fees to eligible finders. Board Change • Mar 19
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Ankündigung • Mar 13
Quetzal Copper Limited completed the acquisition of Ankh Capital Inc. (TSXV:ANKH.P) in a reverse merger transaction. Quetzal Copper Limited entered into a binding letter of intent to acquire Ankh Capital Inc. (TSXV:ANKH.P) in a reverse merger transaction on February 22, 2023. Quetzal Copper Limited entered into a definitive amalgamation agreement to acquire Ankh Capital Inc. for CAD 1.6 million in a reverse merger transaction on May 15, 2023. Ankh will consolidate all of the then issued and outstanding Ankh Common Shares on the basis of one post-Consolidation Ankh Common Share for each previously outstanding two Ankh Common Shares and each Ankh Option and Ankh Warrant will be adjusted in accordance with their respective terms to account for the Consolidation. Quetzal will subdivide (the “Subdivision”) all of the then issued and outstanding Quetzal Common Shares on the basis of three post-Subdivision Quetzal Common Shares for each previously outstanding Quetzal Shares and each Quetzal Option will be adjusted in accordance with its terms to account for the Subdivision. As per the agreement, all post-Subdivision securities of Quetzal will be exchanged for post-Consolidation equivalent securities of Ankh on a one-for-1.0979668 basis. In connection with and as a condition to the Transaction, Quetzal intends to complete an equity financing of Quetzal Common Shares for minimum gross proceeds of CAD 3,000,000. Ankh will change its name to “Quetzal Copper Corp.” or such other name as may be determined by Quetzal. Upon completion of the Transaction, the Resulting Issuer will have Matthew Badiali as Chief Executive Officer and Director, Dilshan Anthony as Chief Financial Officer, Jennifer Hanson as Corporate Secretary, Christopher Lloyd as Vice President of Exploration and Barry Coughlan and John Fraser as Directors.
Completion of the transaction is subject to the satisfaction of customary closing conditions, including: (i) the satisfactory completion of due diligence by each of Ankh and Quetzal; (ii) receipt of all required approvals and consents relating to the Transaction, including without limitation any approvals of the shareholders of Ankh and Quetzal (which is not currently anticipated to be required), as required by the TSXV and under applicable corporate or securities laws; (iii) completion of the Private Placement; and (iv) the TSXV’s approval for listing the shares of the Resulting Issuer, the approval by the shareholders of Quetzal. Trading in Ankh common shares on the TSX-V will remain halted in compliance with the policies of the TSX-V in connection with the announcement of the transaction and is expected to remain halted pending the review of the transaction by the TSX-V and satisfaction of the conditions of the TSX-V for resumption of trading. It is not expected that trading in the Ankh common shares will resume prior to the closing.
Quetzal Copper Limited completed the acquisition of Ankh Capital Inc. (TSXV:ANKH.P) in a reverse merger transaction on March 12, 2024. 