On September 21, 2026, Luca Mining Corp. entered into a definitive share purchase agreement to acquire from a wholly owned subsidiary of Capstone Copper Corp., 100% of Capstone’s interest in its Cozamin copper-silver-zinc-lead mine located in Zacatecas, Mexico for total consideration of up to US$385 million. In connection with the proposed acquisition, Luca entered into agreements for a financing package totaling US$300 million to be provided through a credit facility with Taurus and Macquarie, a bought deal private placement of subscription receipts led by National Bank of Canada Capital Markets, and a stream commitment from Wheaton Precious Metals.
Cassels is acting for Luca Mining.