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Candente Copper Corp. (OTCQB: DNCUF) has outlined its strategic plans for 2023, focusing on the Cañariaco Copper Project in Peru. The company aims to advance its development in alignment with global electrification and decarbonization efforts, including a name change to Alta Copper Corp. Key highlights include the advancement of drill permits for 20,000 meters of drilling, project optimization efforts with Whittle Consulting, and a $4 million private placement with Fortescue Metals Group at a 26% premium. The company is focused on enhancing community engagement, reopening local offices, and pursuing new drilling targets. An updated Preliminary Economic Assessment is expected by Q3-2023. The planned share consolidation aims to attract institutional investors by boosting share value.
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