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My Evli

Viscaria Copper Project divested to Copperstone Resources

Name: Evli
Price range: $

Divestment to Copperstone

March 2019

Sector: Industrial & Business services

Service: M&A

Our role

Exclusive financial adviser to Sunstone Metals on the sale of Viscaria to Copperstone

Buyer

Copperstone (publ) is a public company traded on Nasdaq First North (Stockholm) focused on base and precious metal exploration in the vicinity of the internationally recognised mining region of the Skellefteå-field in northern Sweden

Target

Viscaria consists of a portfolio of exploitation concessions and exploration permissions in the municipality of Kiruna, Sweden. Nearly 345 km of historic drill cores (primarily in mine production phase), currently providing estimated mineral resources indicatively at 52.4 million tonnes at 1.2% copper of different classes; potentially 608,900 tons of copper