10:23 AM EST - Marimaca Copper Corp. : Announced that Greenstone Resources II L.P. has exercised its conversion option pursuant to the $12.0 million U.S. convertible loan facility associated with certain of Marimaca Copper’s subsidiaries, Sociedad Contractual Minera Berta and Rising Star Copper Limited. These subsidiaries hold an interest in the Nora project, which consists of a processing plant and certain mining concessions, which are not connected to the Marimaca deposit. The conversion occurred at the RSC level, resulting in Greenstone now holding a 75% equity stake in the Nora project and Marimaca Copper holding the remaining 25% interest. Marimaca Copper Corp.
shares T.MARI are trading up $0.03 at $1.82.
