Copper Mountain Closes US$250 Million Senior Secured Bond Issue

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VANCOUVER, BC , April 9, 2021  /CNW/ – Copper Mountain Mining Corporation (TSX: CMMC) (ASX: C6C) (“Copper Mountain” or the “Company”) is pleased to announce that it has successfully closed US$250 million in senior secured bonds in the Nordic bond market (the “Offering”). The five-year bonds will mature on April 9, 2026  and bear interest at 8% per annum. The net proceeds from the Offering will be used for refinancing its existing debt.

About Copper Mountain Mining Corporation
Copper Mountain’s flagship asset is the 75% owned Copper Mountain mine located in southern British Columbia near the town of Princeton . The Copper Mountain mine currently produces approximately 100 million pounds of copper equivalent.  Copper Mountain also has the development-stage Eva Copper Project in Queensland, Australia and an extensive 2,100 km highly prospective land package in the Mount Isa area. Copper Mountain trades on the Toronto Stock Exchange under the symbol “CMMC” and Australian Stock Exchange under the symbol “C6C”.

Additional information is available on the Company’s web page at www.CuMtn.com .

On behalf of the Board of

COPPER MOUNTAIN MINING CORPORATION
“Gil Clausen”

Gil Clausen , P.Eng.
President and Chief Executive Officer

Website: www.CuMtn.com

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