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Orecap Invest Corp. - $ORFDF STOCK NEWS

Welcome to our dedicated page for Orecap Invest news (Ticker: $ORFDF), a resource for investors and traders seeking the latest updates and insights on Orecap Invest stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Orecap Invest's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Orecap Invest's position in the market.

Rhea-AI Summary
Canadian Critical Minerals Inc. has completed the sale of a controlling interest in its subsidiary Cuprum Corp. to Orecap Invest Corp. Orecap acquired a 45% interest in Cuprum for $1,350,000 in cash. CCMI retains a 39% interest in Cuprum. CCMI will receive 3,000,000 share purchase warrants of Cuprum. Additionally, CCMI is entitled to milestone payments from Cuprum based on the increase in copper resources at the Thierry Copper Mine.
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Rhea-AI Summary
Orecap Invest Corp. has closed a controlling interest in a private company that owns Thierry Copper Mine, Ontario's largest primary copper resource. Recent drill holes show promising mineralization. Thierry is strategically located with excellent infrastructure and jurisdictions. Orecap now controls two of the five largest primary copper projects in Eastern Canada.
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Rhea-AI Summary
Canadian Critical Minerals Inc. sells controlling interest in subsidiary Pickle Lake Minerals Inc. to Orecap Invest Corp. for $1.35 million. CCMI retains 39% interest. Orecap acquires 45% interest in Pickle Lake. CCMI receives 3 million share purchase warrants. QC Copper acquires 10% of Pickle Lake for $300,000. Ocean Partners acquires 6% of common shares. Proceeds used to discharge $1 million loan with Ocean Partners UK. Sale provides cash to discharge loan and focus on Bull River Mine project. Closing subject to final approval.
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Orecap Invest Corp. to acquire controlling interest in Thierry Copper Mine, Ontario
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Orecap Invest Corp.

OTC:ORFDF

ORFDF Rankings

ORFDF Stock Data

11.76M
233.17M
6.16%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Toronto