Tribeca Resources Corp Advances Its Copper Portfolio with Strategic Acquisition and Capital Deployment

Tribeca Resources Corp, a TSX Venture Exchange‑listed exploration and mining services company, has taken decisive steps to expand its copper asset base while simultaneously bolstering its capital position.

Jiguata Porphyry Copper Property

On 30 October 2025, Tribeca announced that it had signed a definitive option agreement to acquire a 100 % interest in the 10,000‑hectare Jiguata Porphyry copper property in northern Chile. The transaction, reported by multiple sources—including NS Energy Business, The Market Online, and OTC Markets—provides Tribeca with a substantial, high‑grade copper development opportunity. The property’s size and geological context position it as a potential flagship asset for the company’s growth strategy, particularly as demand for copper continues to rise in global electrification and renewable‑energy markets.

Capital Injection via Share Placement

In a complementary move, Tribeca disclosed that it has secured a $2.5 million investment through a share placement, as noted by The Market Online and FinNews Network. This capital infusion is expected to support the company’s operational cash flow, fund exploration activities, and provide the financial flexibility needed to advance the Jiguata project. The placement aligns with Tribeca’s broader objective of strengthening its balance sheet while maintaining a disciplined approach to capital allocation.

Broader Market Context

While Tribeca’s primary focus remains the Jiguata acquisition and associated development, the company’s name surfaced in several ancillary market reports. Notably, Trigg Minerals Ltd—a separate entity listed on the ASX—has announced its intention to pursue a NASDAQ listing, receiving further investment from Tribeca. These developments underscore Tribeca’s expanding influence within the mining and metals sector, though they represent distinct corporate trajectories.

Financial Snapshot

  • Market Cap: 14,640,000 CAD
  • Close Price (29 Oct 2025): 0.23 CAD
  • 52‑Week Low: 0.21 CAD
  • 52‑Week High: 0.39 CAD
  • Price‑Earnings Ratio: –6.61

The negative P/E reflects the company’s exploration‑stage status and the inherent investment risk associated with early‑stage projects.

Outlook

With the Jiguata option agreement in place and fresh capital on hand, Tribeca Resources Corp is positioned to accelerate its copper exploration agenda. The company’s stated mission—to discover and develop copper and gold projects worldwide—remains clear, and the recent actions reinforce its commitment to delivering value to shareholders through disciplined exploration and strategic acquisitions.

Tribeca Resources continues to monitor market developments and will provide further updates as the Jiguata project progresses toward feasibility studies and, ultimately, production.