Kenadyr Metals Corp. (TSXV: ALGR) Completes Reactivation, Rebrands as Algo Grande Copper, and Secures Full Control of the Adelita Project

On December 18, 2025, Kenadyr Metals Corp. announced that it had successfully re‑activated its listing on the TSX Venture Exchange and changed its corporate name to Algo Grande Copper Corp. The re‑activation, expected to finalize on or about December 23, 2025, is a pivotal milestone for a company that has struggled to maintain continuous trading on the TSXV. By converting 10 198 402 subscription receipts at $0.375 each, the company secured the capital necessary to fund ongoing exploration and satisfy regulatory obligations.

100 % Acquisition of the Adelita Copper‑Gold‑Silver Project

The most consequential development accompanying the name change is the 100 % acquisition of the 5,895‑hectare Adelita Project in the Sonora‑Arizona Copper Belt. Algo Grande acquired an 80 % stake from Infinitum Copper Corp. and the remaining 20 % from Minaurum Silver Inc., completing a transaction that also closed the Infinitum deal, as reported by Infinitum on December 19, 2025.

The Adelita Project is anchored by the high‑grade Cerro Grande skarn discovery, which remains open along strike and at depth. Multiple untested skarn targets span a 6‑km corridor, and a 4.5‑km porphyry system adds further resource potential. The project is fully permitted for exploration and carries a 20‑year underground mining permit—a rare advantage in a region where permitting timelines can be protracted. An inaugural drilling program is already underway, positioning Algo Grande to rapidly generate new data and refine resource estimates.

Strategic Implications for Investors

  • Capital Structure: The conversion of subscription receipts provides a low‑cost, equity‑backed source of capital, preserving cash flow for exploration while avoiding dilution of existing shareholders.
  • Operational Momentum: With a fully owned, permitted, and exploration‑ready asset, Algo Grande can focus on scaling drilling programs and advancing to mineral resource reporting, a step that could unlock significant valuation upside.
  • Market Positioning: The name change to Algo Grande Copper aligns the company’s brand with its core commodity focus, improving market perception and aligning with industry naming conventions that emphasize copper production.

Forward‑Looking Outlook

The company is positioned to accelerate its exploration timeline, leveraging the full ownership of Adelita to conduct high‑impact drilling. Should early results confirm the skarn and porphyry prospects, the company could transition to a resource estimate and, eventually, a mine plan. The reactivation of its TSXV listing and the acquisition of a prime copper‑gold‑silver asset together lay a robust foundation for future growth.

Investors should monitor the progress of the drilling program, the status of regulatory filings, and any updates on the mine‑planning phase. The combination of a clean TSXV listing, a powerful asset base, and a clear copper‑centric strategy signals that Algo Grande Copper Corp. is poised to move from exploration to production within the coming years.