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CEO.CA's Inside the Boardroom: C3 Metals and Freeport-McMoran Ink US$75M Jamaica Earn-In Deal

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CEO.CA has conducted an exclusive interview with Dan Symons, President and CEO of C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF), discussing their significant new earn-in agreement with Freeport-McMoran for the Bellas Gate Project in Jamaica.

The agreement is structured in two stages: Freeport will initially invest US$25 million over five years to earn a 51% interest, with an option to invest an additional US$50 million to increase their stake to 75%. C3 Metals will operate the first phase of exploration.

The interview was conducted as part of CEO.CA's 'Inside the Boardroom' series, which provides insights from mining industry executives.

CEO.CA ha realizzato un'intervista esclusiva con Dan Symons, Presidente e CEO di C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF), discutendo del loro significativo nuovo accordo di earn-in con Freeport-McMoran per il progetto Bellas Gate in Giamaica.

L'accordo è strutturato in due fasi: Freeport investirà inizialmente 25 milioni di dollari USA in cinque anni per acquisire una partecipazione del 51%, con un'opzione per investire ulteriori 50 milioni di dollari USA per aumentare la propria quota al 75%. C3 Metals gestirà la prima fase di esplorazione.

L'intervista è stata condotta nell'ambito della serie 'Inside the Boardroom' di CEO.CA, che offre approfondimenti da parte di dirigenti dell'industria mineraria.

CEO.CA ha realizado una entrevista exclusiva con Dan Symons, Presidente y CEO de C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF), discutiendo su su nuevo y significativo acuerdo de earn-in con Freeport-McMoran para el proyecto Bellas Gate en Jamaica.

El acuerdo se estructura en dos etapas: Freeport invertirá inicialmente 25 millones de dólares estadounidenses durante cinco años para obtener un 51% de participación, con una opción de invertir otros 50 millones de dólares estadounidenses para aumentar su participación al 75%. C3 Metals operará la primera fase de exploración.

La entrevista se realizó como parte de la serie 'Inside the Boardroom' de CEO.CA, que proporciona perspectivas de ejecutivos de la industria minera.

CEO.CA는 Dan Symons, C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF)의 회장 겸 CEO와의 독점 인터뷰를 진행하여 자메이카의 Bellas Gate 프로젝트에 대한 Freeport-McMoran과의 새로운 중요한 earn-in 계약에 대해 논의했습니다.

계약은 두 단계로 구조화되어 있습니다: Freeport는 처음에 2500만 달러를 5년 동안 투자하여 51%의 지분을 취득하며, 추가로 5000만 달러를 투자하여 75%로 지분을 늘릴 수 있는 옵션이 있습니다. C3 Metals는 탐사의 첫 번째 단계를 운영할 것입니다.

이번 인터뷰는 CEO.CA의 'Inside the Boardroom' 시리즈의 일환으로 진행되었으며, 광업 산업 경영진의 통찰력을 제공합니다.

CEO.CA a réalisé une interview exclusive avec Dan Symons, Président et CEO de C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF), discutant de leur nouvel accord d'earn-in significatif avec Freeport-McMoran pour le projet Bellas Gate en Jamaïque.

L'accord est structuré en deux étapes : Freeport investira initialement 25 millions de dollars US sur cinq ans pour acquérir un intérêt de 51%, avec une option d'investir 50 millions de dollars US supplémentaires pour augmenter sa participation à 75%. C3 Metals opérera la première phase d'exploration.

L'interview a été réalisée dans le cadre de la série 'Inside the Boardroom' de CEO.CA, qui fournit des perspectives de dirigeants de l'industrie minière.

CEO.CA hat ein exklusives Interview mit Dan Symons, Präsident und CEO von C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF), geführt, in dem es um ihre bedeutende neue Earn-In-Vereinbarung mit Freeport-McMoran für das Bellas Gate-Projekt in Jamaika geht.

Die Vereinbarung ist in zwei Phasen strukturiert: Freeport wird zunächst 25 Millionen US-Dollar über fünf Jahre investieren, um 51% der Anteile zu erwerben, mit der Option, weitere 50 Millionen US-Dollar zu investieren, um seinen Anteil auf 75% zu erhöhen. C3 Metals wird die erste Phase der Erkundung leiten.

Das Interview wurde im Rahmen der Serie 'Inside the Boardroom' von CEO.CA durchgeführt, die Einblicke von Führungskräften der Bergbauindustrie bietet.

Positive
  • Secured US$75M potential total investment from major mining company Freeport-McMoran
  • Initial US$25M investment commitment over 5 years for 51% stake
  • C3 Metals maintains operational control during first exploration phase
Negative
  • Potential dilution of ownership up to 75% in Bellas Gate Project

Toronto, Ontario--(Newsfile Corp. - February 12, 2025) -  CEO.CA Technologies Ltd. ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.

Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies.

Meet the Executives Shaping the Mining Landscape

'Inside the Boardroom' is more than just an interview series - it's a chance to gain firsthand knowledge from industry leaders, understanding their vision, challenges, and strategy.

This week, CEO.CA had the opportunity to sit down with Dan Symons, President and CEO of C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) to discuss their newly announced US$75M earn-in agreement with Freeport on the Bellas Gate Project in Jamaica. The two-stage deal includes Freeport investing US$25M over five years for 51% interest, with an option to invest an additional US$50M for 75% total interest. C3 Metals will operate the first phase of exploration.

C3 Metals

(TSXV: CCCM) (OTCQB: CUAUF)



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About CEO.CA

The leading community for investors & traders in junior resource & venture stocks. CEO.CA is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, CEO.CA has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at CEO.CA to set up your free account.

CEO.CA is a wholly owned subsidiary of EarthLabs, Inc.

For further information please contact:

CEO.CA
Email: hello@ceo.ca
Website: CEO.CA

Neither the TSX Venture Exchange ("TSXV"), OTC Best Market "(OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement

The information regarding any issuer contained or referred to in any interviews conducted by CEO.CA has been furnished by such issuer directly, and neither CEO.CA nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the CEO.CA platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. CEO.CA disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240628

FAQ

What are the terms of C3 Metals (CUAUF) earn-in agreement with Freeport-McMoran?

The agreement includes a two-stage earn-in: US$25M investment over 5 years for 51% interest, with an option for additional US$50M investment for 75% total interest.

How much control will C3 Metals (CUAUF) retain in the Bellas Gate Project?

C3 Metals will operate the first phase of exploration but could ultimately retain only 25% ownership if Freeport exercises all options.

What is the total potential investment value in the C3 Metals (CUAUF) Bellas Gate Project?

The total potential investment value is US$75 million through the two-stage earn-in agreement with Freeport-McMoran.

Who will operate the Bellas Gate Project exploration under the CUAUF-Freeport agreement?

C3 Metals will operate the first phase of exploration under the agreement.

C3 Metals Inc.

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