Marimaca Copper Corp. (MARI) Financings
TSX: MARI · Copper · Development stage
- Market cap$1.03B
- Share price$7.60
- 52-week range$6.72 – $13.49
- Shares outstanding135,156,928
- ExchangeTSX
- Websitewww.marimaca.com
Marimaca is a TSX ('MARI') and ASX ('MC2')-listed copper company focused on the development of high-quality copper assets in northern Chile. The Company's flagship asset is the Marimaca Oxide Deposit Project ('MOD'), located in Chile's prolific Antofagasta region. It is one of the few globally significant greenfield copper discoveries made in the last decade and represents a low-risk development opportunity, given the proximity to the city of Antofagasta and port of Mejillones, with substantial exploration upside. The Company also controls additional exploration properties at Pampa Medina and Madrugador within the Sierra de Medina region, located 30 kilometers from the MOD, where recent drilling has identified both oxide extensions and high-grade sulphide mineralization at depth.
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Marimaca Copper Corp. financial statements
Key figures read from 42 of 42 financial statement filings, Nov 10, 2016 to Aug 13, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | US$66,782 | US$22,648 | US$16,692 | — | US$26,786 |
| Total current assets | US$67,392* | US$25,468* | US$23,666* | US$19,466* | US$38,597* |
| Total current liabilities | US$4,805 | US$2,805 | US$1,161 | — | US$9,486 |
| Working capital | US$62,587 | US$22,663 | US$22,505 | — | US$29,111 |
| Exploration and evaluation assets | US$90,646 | US$84,249 | US$71,524 | — | US$54,159 |
| Property, plant and equipment | US$3,494 | US$238 | US$172 | US$21 | US$41 |
| Total assets | US$178,530 | US$112,382 | US$95,599 | US$84,825 | US$92,797 |
| Debt | — | — | — | US$0 | US$2,998 |
| Total liabilities | US$5,593 | US$2,805 | US$1,204 | US$561 | US$9,486 |
| Shareholders' equity | US$172,937 | US$109,577 | US$94,395 | US$84,264 | US$83,311 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | US$2,047 | US$1,419 | — | US$0 | US$6,379 |
| General and administrative | US$2,703 | US$2,128 | US$2,124 | US$1,693 | US$2,060 |
| Share-based compensation | US$10,731 | US$4,767 | US$2,139 | US$3,938 | US$8,080 |
| Net income (loss) | (US$26,283) | (US$13,752) | (US$7,113) | (US$2,161) | (US$18,806) |
Cash flow statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | — | (US$5,737) | — | (US$3,006) | (US$10,745) |
| Investing cash flow | (US$16,414) | (US$12,024) | (US$9,846) | (US$5,775) | (US$9,738) |
| Financing cash flow | (US$79,211) | US$23,731 | US$15,095 | (US$3,036) | US$33,410 |
| Exploration spending (capitalized) | (US$13,789) | (US$11,785) | — | (US$21,749) | (US$9,698) |
| Property, plant and equipment spending | (US$2,625) | (US$239) | — | (US$26) | US$0 |
| Change in cash | US$44,134 | US$5,956 | US$2,056 | (US$12,150) | US$12,934 |
| Cash at end of period | US$66,782 | US$22,648 | US$16,692 | US$14,636 | US$26,786 |
Marimaca Copper Corp. financings
2 financings announced or closed by Marimaca Copper Corp., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-02-26 | Marimaca Copper Corp. (MARI) | Private placement, brokered | Closed, 1 tranche | $423.0M | $10.35 | Marimaca Copper Announces Closing of Australian Offering to Complete Global Offering of C$409 Million (~A$423 Million) |
| 2025-09-04 | Marimaca Copper Corp. (MARI) | Private placement, brokered | Closed, 1 tranche | AUD $80.0M | $9.55 | Marimaca Copper Announces A$80,000,000 Placement _____________________________________________________________________________________________________ |
Marimaca Copper Corp. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Marimaca Copper Corp. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2020-06-30 | Convertible note / loan, converted | — | US$12M | 25% |
| 2018-02-27 | Credit facility, signed | Greenstone Resources L.P. | US$5M | 12% |