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Candente Copper ( (TSE:ATCU) ) just unveiled an announcement.
Alta Copper Corp. has mailed and filed meeting materials for a special meeting of shareholders and optionholders on January 26, 2026, where investors of record as of December 15, 2025 will vote on a proposed arrangement under which Fortescue Ltd., through its subsidiary Nascent Exploration Pty Ltd, would acquire all outstanding Alta Copper shares it does not already own for C$1.40 per share, with equivalent cash consideration for options, deferred share units and restricted share units. The transaction has been reviewed by a special committee of the board, supported by an independent formal valuation from Fort Capital Partners that pegs Alta Copper’s fair value between C$0.95 and C$1.65 per share and by fairness opinions from Fort Capital and Haywood Securities, positioning the deal as financially fair to minority shareholders and marking a potential change of control that could realign the company’s future within the global copper sector if approved.
More about Candente Copper
Alta Copper Corp. is a Vancouver-based mining company focused on copper exploration and development, with its shares listed on the Toronto Stock Exchange, OTCQX and the Lima Stock Exchange, giving it exposure to North American and Latin American capital markets.
Average Trading Volume: 77,901
Technical Sentiment Signal: Buy
Current Market Cap: C$129.9M
For detailed information about ATCU stock, go to TipRanks’ Stock Analysis page.