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LONGUEUIL, Quebec, March 02, 2018 (GLOBE NEWSWIRE) — Highland Copper Company Inc. (TSXV:HI) (the “Company”) announces that the Company and Copper Range Company (“CRC”), a wholly-owned subsidiary of First Quantum Minerals Ltd., have agreed to extend the period to complete the acquisition of the White Pine project to April 30, 2018. The final closing of the acquisition is subject to releasing CRC from certain environmental obligations associated with the remediation and closure plan of the historical White Pine mine site in a manner that is acceptable to all parties involved, including applicable governmental authorities, and replacing the related environmental bond posted by CRC. The required documentation is nearly completed, subject to final approval of the Michigan Department of Environmental Quality.
About Highland
Highland Copper Company Inc. is a Canadian-based company focused on exploring and developing copper projects in the Upper Peninsula of Michigan, U.S.A. The Company is fully financed to complete a feasibility study update on its 100%-owned Copperwood Project by mid-year.
The Company has 471,725,389 common shares issued and outstanding, and a total of 76,730,715 warrants exercisable at $0.15 until March 17, 2018 and an additional 48,669,175 exercisable until March 24, 2018.
More information about the Company is available on the Company’s website at www.highlandcopper.com and on SEDAR at www.sedar.com.
