Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
M&A / Property

Alta Copper Shareholders and Optionholders Approve Proposed Acquisition by Fortescue

By The Northwire Desk — AI Analysis Jan 26, 2026 · 13:55 ATCU · 1.27 ALTA COPPER CORP. J
ATCU · Price

Executive Summary

  • Shareholders and option‑holders approved the special resolution to consummate the proposed acquisition of all outstanding Alta Copper shares by Nascent Exploration Pty Ltd (a Fortescue subsidiary).
  • The court‑approved plan of arrangement will be presented to the Supreme Court of British Columbia for final order on January 30, 2026.
  • Approval clears a key condition for completing the transaction, moving Alta Copper toward being fully owned by Nascent.

Key Details

  • Arrangement Resolution: Approved at a special meeting held on January 26, 2026; met required majority thresholds.
  • Transaction Structure: Court‑approved plan of arrangement under BC Business Corporations Act; acquisition of 100% of Alta Copper’s common shares not already owned by Nascent.
  • Counterparty: Nascent Exploration Pty Ltd, wholly‑owned subsidiary of Fortescue Ltd.
  • Agreement Date: Arrangement Agreement dated December 13, 2025.
  • Next Step: Court hearing scheduled for Friday, January 30, 2026, where a final order from the Supreme Court of British Columbia will be sought.

Notable Quotes

  • “We are pleased to have received shareholder support for the Arrangement, which represents a significant step forward in delivering value to our securityholders and advancing the development of the Cañariaco project under the ownership of a world‑class mining partner.” – Giulio T. Bonifacio, President & CEO

All boilerplate, forward‑looking statements, and company background have been omitted for brevity.

Read the original news release →

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