Welcome to our dedicated page for Rugby Resources news (Ticker: RBMNF), a resource for investors and traders seeking the latest updates and insights on Rugby Resources stock.
The RBMNF news stream provides historical coverage of Rugby Resources Ltd., an exploration company that reported discovery-stage work on copper, gold and silver projects in several jurisdictions. Company news releases describe a portfolio that included the Cobrasco copper-molybdenum porphyry project in Colombia, the Mantau iron oxide-copper-gold project in Chile, and the El Zanjon and Venidero gold-silver projects in Argentina, as well as a joint venture interest in the Georgetown copper-gold project in Australia.
Earlier announcements focus on exploration updates, such as drilling and surface sampling at Cobrasco, where Rugby reported long intervals of copper and molybdenum mineralization and later identified additional porphyry occurrences at Cobrasco East and in the northeast of the concession. Other releases discuss geophysical surveys, geochemical sampling and target definition at El Zanjon and Venidero in Santa Cruz Province, and joint venture work at Georgetown where Rugby’s partner EMU NL reported visible gold and high-grade copper assays.
More recent news is centred on corporate developments. A February 19, 2025 release outlines a binding letter agreement for Pampa Metals Corporation to acquire all Rugby shares, and a July 17, 2025 release reports Rugby shareholder approval of the arrangement. A July 25, 2025 news release then announces completion of the acquisition of Rugby by Pampa Metals under a court-approved plan of arrangement, the planned delisting of Rugby shares from the TSX Venture Exchange, and the creation of Aegis Resources Ltd. to hold specified Rugby assets.
Investors and researchers can use this news archive to trace Rugby’s exploration narrative, from early-stage project work through to the corporate transaction with Pampa Metals and the associated asset spinout to Aegis Resources. The articles illustrate how the company described its technical results, project pipeline and strategic rationale for combining with a broader South American copper exploration platform.
Pampa Metals (CSE:PM) has completed the acquisition of Rugby Resources (TSXV:RUG) through a court-approved arrangement. Under the deal, Pampa Metals issued 65,165,185 common shares to Rugby shareholders at a ratio of 1 Pampa share for every 6.4 Rugby shares. Former Rugby shareholders now hold approximately 30.86% of Pampa Metals.
The merger creates a leading South American copper explorer with multiple significant projects: the Piuquenes copper-gold porphyry project in Argentina, the Cobrasco copper-moly discovery in Colombia, and the Mantau copper-gold prospect in Chile. Rugby's outgoing President and CEO, Bryce Roxburgh, joins Pampa Metals' board of directors.
As part of the arrangement, Rugby shareholders received one share in a new company, Aegis Resources, for every ten Rugby shares held. Aegis receives various assets including a 20% carried interest in Cobrasco and several exploration projects.
Rugby Resources (TSXV:RUG) and Pampa Metals (CSE:PM) announced that Rugby shareholders have overwhelmingly approved the previously announced statutory plan of arrangement. At the Special Meeting, 99.97% of votes cast were in favor of both the Arrangement Resolution and the SpinCo Option Plan Resolution, with 55.39% of eligible shares represented.
The arrangement involves Rugby, Pampa Metals, and Aegis Resources (SpinCo). The completion remains subject to court approval from the Supreme Court of British Columbia, scheduled for July 22, 2025. The transaction is expected to close around July 24, 2025, pending all customary closing conditions.
Pampa Metals (CSE:PM) has executed a binding agreement to acquire 100% of Rugby Resources (TSXV:RUG) through an all-share transaction. The deal aims to create a leading South American copper explorer with two significant discoveries: the Piuquenes copper-gold project in Argentina and the Cobrasco copper-moly project in Colombia.
Under the agreement terms, Pampa will issue 1 share for every 6.4 Rugby shares, with Rugby shareholders holding approximately 38% of the combined entity. The transaction values Pampa shares at $0.16 each. Rugby's assets will be partially spun out into a new company (Rugby Spinco) prior to closing.
Recent drilling at Piuquenes has yielded significant results, including intercepts of up to 801m @ 0.40% Cu and 0.51 g/t Au. At Cobrasco, previous drilling showed promising results with intercepts including 808m @ 0.42% Cu and 79 ppm Mo. The company plans to pursue dual listing on the ASX and TSXV post-transaction.
Rugby Resources announces the receipt of environmental approval for drilling on the El Zanjon Project in Argentina, south of the Cerro Vanguardia gold-silver mine. The project shows great potential for discovering a large vein field with significant gold-silver targets. A 4,750m drilling program will focus on 15 targets, with a focus on areas AOI2 and AOI3. The Venidero Gold-Silver Project also presents promising opportunities in Argentina.
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