True North Copper Secures $18M Boost | Sydney News

True North Copper just landed a massive $18 million funding boost—upsized from $15 million due to investor frenzy—and plans to buy back shares for $2 million. With copper prices hitting record highs, this cash infusion will accelerate operations on their Queensland assets, especially the Mt Oxide project, where they’re paying off a $7.5 million deferred payment to finalize the acquisition. Drilling at Aquila has now traced over 1.8 km, while a prefeasibility study for Cloncurry is on track for completion by year-end. With enough capital to push through to 2027, True North is poised to expand discoveries and unlock higher-grade zones across its core projects. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0d78ed9fa941a101