Arizona Sonoran Unveils C$75 Million "Bought Deal" Private Placement for Common Shares

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: Nov 12 2025

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Source: Newsfilter

Offering Details: Arizona Sonoran Copper Company has entered into a bought-deal private placement agreement to sell 22,388,100 common shares at C$3.35 each, aiming for gross proceeds of C$75 million, with an option for underwriters to purchase an additional 3,358,200 shares.
Use of Proceeds: The net proceeds from the offering will be allocated to early development activities at the Cactus Project, along with working capital and general corporate purposes.
Regulatory Approval: The offering is subject to regulatory approvals, including conditional approval from the Toronto Stock Exchange, and is expected to close around December 2, 2025.
Company Objectives: Arizona Sonoran Copper Company aims to become a mid-tier copper producer with low operating costs, focusing on sustainable operations and robust returns for investors through its Cactus and Parks/Salyer Projects.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.