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Carube Copper rebrands as C3 Metals, putting focus on flagship Jasperoide copper-gold project in Peru

Jasperoide complements the firm's broader mineral portfolio in the Americas, which includes properties in Jamaica, British Columbia and Nova Scotia

Carube Copper -
The new name will take effect on August 10, when its shares will trade on the TSX Venture Exchange under the new ticker symbol CCM

Carube Copper Corp (CVE:CUC) will now be known as C3 Metals Inc, the Americas-focused exploration firm told shareholders on Thursday.

Effective August 5, the new name will take effect on August 10, when its shares will trade on the TSX Venture Exchange under the new ticker symbol CCM.

The change to C3 Metals better reflects a shift in focus to the firm’s recently-acquired Jasperoide copper-gold project in Peru, which complements its broader mineral portfolio in the Americas, according to the firm’s management. Jasperoide is in the highly prospective Andahuaylas-Yauri belt of Peru, an emerging porphyry copper province that hosts several large-scale producing porphyry/skarn copper deposits. The property spans 5,700 hectares in southern Peru near three producing mines.

READ: Carube Copper gets go-ahead to restart exploration at its Jasperoide copper-gold project in Peru

The explorer also holds a 100% interest in five licenses covering 207 square kilometres of highly prospective copper-gold terrain in Jamaica, a 100% interest in two porphyry copper-gold properties in southwestern British Columbia and a 100% interest in Stewart Brook, a gold project in the Meguma gold belt of Nova Scotia.

In connection with the rebrand, C3 Metals is launching its new corporate website www.c3metals.com today, it told shareholders.

The name change and rebrand was approved by shareholders in February and no further action is needed, the company said. Stock certificates are not affected by the name change.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

Quick facts: C3 Metals Inc.

Price: 0.07 CAD

TSX-V:CCCM
Market: TSX-V
Market Cap: $26.26 m
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Carube Copper readies for next stage of company as C3 Metals

C3 Metals (CVE: CCCM) Executive Chairman Tony Manini joined Steve Darling from Proactive Vancouver to share news the company is going forward under the name C3 Metals Corp and with a new ticker CCCM on the TSX Venture Exchange. Manini telling Proactive why they made the name and ticker change...

on 12/8/20

2 min read