FRONTERA AND KUPARI ANNOUNCE COMMENCEMENT OF STRATEGIC SALE PROCESS FOR THE JOINTLY OWNED PIEDRAS VERDES COPPER MINE COMPLEX IN SONORA, MEXICO
BMO Capital Markets has begun speaking with prospective acquirers as the companies open a data room for the producing mine.
- On Wednesday, June 24, 2026, Frontera Copper Corporation and Kupari Investments Ltd. announced the commencement of a strategic sale process for the Piedras Verdes mine complex in Sonora, Mexico.
- Market conditions including copper supply shortages and strong demand prompted management to believe a sale could generate significant proceeds, offering acquirers immediate production and expansion opportunities.
- Covering 100% of equity in both Frontera and Kupari Metals, the sale targets the Piedras Verdes mine, a producing operation with existing infrastructure and a skilled workforce.
- BMO Capital Markets and Blake, Cassels & Graydon LLP have been retained as financial and legal advisors respectively, with BMO beginning outreach to prospective acquirers and opening a confidential data room.
- Frontera extracts and processes ore into London Metals Exchange Grade 'A' copper cathode, while Kupari Metals operates as a base metals tolling company processing copper bearing material into concentrates.
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LoudounTimes.com
FRONTERA AND KUPARI ANNOUNCE COMMENCEMENT OF STRATEGIC SALE PROCESS FOR THE JOINTLY OWNED PIEDRAS VERDES COPPER MINE COMPLEX IN SONORA, MEXICO
MEXICO CITY, June 23, 2026 /PRNewswire/ -- Frontera Copper Corporation, S.A.P.I. de CV and Kupari Investments Ltd. ("Kupari"), collectively the "Companies", announced today that Frontera Copper Corporation ("Frontera"), and Kupari Metals A.G., a wholly-owned subsidiary of Kupari, have commenced a…
Frontera, Kupari launch strategic sale of Piedras Verdes copper mine
MEXICO CITY, June 24, 2026 /PRNewswire/ -- Frontera Copper Corporation, S.A.P.I. de CV and Kupari Investments Ltd. ("Kupari"), collectively the "Companies", announced today that Frontera Copper Corporation ("Frontera"), and Kupari Metals A.G., a wholly-owned subsidiary of Kupari, have commenced a strategic sale process for the Piedras Verdes mine complex. Any mention of the Piedras Verdes mine complex refers to 100% of the equity in both Fronter…
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