Three Valley Copper Corp Stock Price, News & Analysis

Three Valley Copper Corp. (TSXV: TVC.H) has received conditional approval from the TSX Venture Exchange for its proposed change of business (COB) from a mining issuer to an investment issuer under Policy 5.2. The company has filed its Filing Statement dated August 28, 2025 on SEDAR+.

Subject to final TSXV acceptance, the COB is expected to complete around September 8, 2025, at which point the company's common shares will resume trading as a TSXV Tier 2 issuer. The transition represents a significant strategic shift in the company's business model and operations.

Three Valley Copper Corp. (TSXV: TVC.H) has announced a 30-day forbearance on its secured convertible promissory note from Selma House LLC. The note, originally maturing on July 24, 2025, is expected to be extended to July 24, 2026, pending TSXV approval of the company's proposed change from a mining to an investment issuer.

The promissory note, worth up to USD$1,000,000, carries a 10% annual interest rate with USD$93,333 in interest received for the year ending July 24, 2025. Currently, Selma has drawn USD$800,000 in principal. The note is secured against Selma's assets and includes a conversion right for a 47.2% ownership stake in Selma.

Three Valley Copper Corp. (TSXV: TVCH) announced a proposed change of business (COB) from a mining issuer to an investment issuer. The company will be renamed to Winchester Equity Corporation and trade under symbol "WEC". With over CDN$3,500,000 in assets, the company plans to focus on investments in profitable operating businesses and real estate through debt, equity, and hybrid financing.

The company's current portfolio includes a USD$1,000,000 secured convertible note to Selma House LLC at 10% interest, convertible to 47.2% ownership, and approximately CDN$2,570,000 in dividend-yielding public equities across various sectors including mining, oil & gas, energy infrastructure, and consumer goods.

Three Valley Copper Corp. announced the bankruptcy liquidation of its subsidiary, Minera Tres Valles SpA, following a declaration from the Civil Courts of Santiago. A liquidator has been appointed to manage MTV's operations and obligations, while Three Valley Copper intends to continue as a public company. The company currently holds approximately USD$5 million in cash, with minimal liabilities and tax pools. Management is expected to reveal its strategy for future operations in the upcoming months.

Three Valley Copper Corp. has announced that its subsidiary, Minera Tres Valles SpA, has filed for bankruptcy liquidation with the Santiago courts. This decision follows a deteriorating liquidity position, despite previous attempts to seek creditor protection. MTV has scaled down operations since January 2022, and it is unable to source long-term financing. The company is expected to continue as a going concern, but a significant decline in MTV's inventory is anticipated. The liquidator will manage MTV's remaining operations and obligations.

Three Valley Copper Corp. (TSXV: TVC, OTCQB: TVCCF) released its operating and financial results for the three and nine months ended September 30, 2022. The company focuses on its primary asset, Minera Tres Valles SpA, located in Salamanca, Chile, which is 95.1% owned by the company. MTV includes the Minera Tres Valles mining complex and 46,000 hectares of exploratory lands. Detailed financial statements and management discussions are available on the company's website and SEDAR.

Three Valley Copper Corp. updates on its 95.1%-owned Minera Tres Valles SpA in Chile amid ongoing judicial restructuring. Since the June 2022 filing for creditor protection, the company has reduced its workforce and is demobilizing contractors. Limited copper cathode production is expected until December 2022, funded by concessions from suppliers and high precipitation aiding heap leaching. However, the company expresses uncertainty regarding long-term financing and potential dilution of ownership in the event of successful debt restructuring. Defaults on senior debt are ongoing.

Three Valley Copper Corp. reported its Q2 2022 financial results, highlighting a net loss of $5.4 million and a gross loss of $5 million. The company faced operational challenges as it ceased mining activities at its Papomono site and initiated a Judicial Restructuring Procedure in Chile due to the inability to secure interim capital support from lenders. Cash resources stood at $6.8 million with a working capital deficit of $83 million. If financing is not secured, liquidation of its subsidiary, Minera Tres Valles, may occur, jeopardizing TVC's investment and control.