A Masterstroke of a Deal: Tightly structured for a major copper porphyry discovery by first-class management team
Standing Among Giants in the Chilean Copper Belt
Most recently, Interra Copper Corp. acquired Alto Verde Copper Inc. in an all-share transaction with a coincident financing raising net proceeds of $2.89 million.

With less than 22.3 million shares in the market, Interra now controls 3 highly prospective assets within the world-famous Copper Porphyry Belt, where the majority of Chile‘s copper mines are located. In addition, the management and board of directors of both companies have been combined, forming an exceptional leadership team to drive the next phase of growth for the company.
In 2021, Alto Verde Copper Inc. acquired 3 copper porphyry exploration assets in Chile from a subsidiary owned by Freeport-McMoRan Inc. (current market capitalization: $58 billion USD). This was only made possible due to Alto Verde having a prestigious management team including David Garofalo (who was the CEO of Goldcorp until Newmont acquired the Canadian miner in a deal valued at $10 billion USD in 2019) and Dr. Mark Cruise (who was the founder of former top-10 zinc producer Trevali Mining Corp.) along with former Freeport executives Rick Gittleman, Mike Ciricillo and Rich Leveille.
Building an EV (electric vehicle) requires 3 to 10 times more copper than a vehicle with ICE (internal combustion engine). That‘s about 83 kg of copper for each EV, which is a solid copper cube with sides of 21 cm. With EVs anticipated to make up half of all new vehicle sales by 2030, that‘s a substantial amount of copper needed!

“There are 86 million passenger vehicles made each year. Assuming somehow all vehicles go EV that‘s an additional requirement of 17.2 billion pounds of copper per year. That´s 8.6 million tons. Or 47 million pounds of copper per day. Addtional demand. Meanwhile, in reality, Evs are just a fraction of total demand and global copper inventories are going to ZERO by August.“
Disclaimer: This report contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "potentially" and similar expressions, or are those, which, by their nature, refer to future events. Rockstone Research, Interra Copper Corp. and Zimtu Capital Corp. caution investors that any forward-looking information provided herein is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors. The reader is referred to Interra Copper Corp.´s public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through its profile on SEDAR at www.sedar.com. Please read the full disclaimer within the full research report as a PDF (here) as fundamental risks and conflicts of interest exist. The author, Stephan Bogner, holds an equity position in Interra Copper Corp., as well as in Zimtu Capital Corp., and is being paid by Zimtu Capital Corp. for the preparation, publication and distribution of this report, whereas Zimtu Capital Corp. also holds a long position in Interra Copper Corp. Note that Interra Copper Corp. pays Zimtu Capital Corp. to provide this report and other investor awareness services.