25 March 2021
CASTILLO COPPER LIMITED
("Castillo" or the "Company")
Cleansing Notice and Appendix 2A
Castillo Copper Limited (LSE and ASX: CCZ), a base metal explorer primarily focused on copper across Australia and Zambia, advises that a cleansing notice and Appendix 2A (Application for quotation of securities) has been filed with the Australian Securities Exchange ("ASX") and is available on the Company's website: https://www.castillocopper.com/asx-announcements/
The Company has issued 430,785 fully paid ordinary shares ("New Shares") to its drilling contractor as part consideration for services rendered, at a deemed issue price of $0.063 per share, escrowed until 23 September 2021.
Following the admission of the New Shares, the Company's total issued share capital consists of 1,019,357,007 Ordinary Shares. The above figure may be used by shareholders as a denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
For further information, please contact:
| Castillo Copper Limited | +61 8 6558 0886 |
| Simon Paull (Australia), Managing Director Gerrard Hall (UK), Director | |
| | |
| SI Capital Limited (Financial Adviser and Corporate Broker) | +44 (0)1483 413500 |
| Nick Emerson | |
| | |
| Luther Pendragon (Financial PR) | +44 (0)20 7618 9100 |
| Harry Chathli, Alexis Gore, Joe Quinlan | |
About Castillo Copper
Castillo Copper Limited is an Australian-based explorer primarily focused on copper across Australia and Zambia. The group is embarking on a strategic transformation to morph into a mid-tier copper group underpinned by its core projects:
· The Mt Oxide project in the Mt Isa copper-belt district, north-west Queensland, which delivers significant exploration upside through having several high-grade targets and a sizeable untested anomaly within its boundaries in a copper-rich region.
· Four high-quality prospective assets across Zambia's copper-belt which is the second largest copper producer in Africa.
· A large tenure footprint proximal to Broken Hill's world-class deposit that is prospective for zinc-silver-lead-copper-gold.
· Cangai Copper Mine in northern New South Wales, which is one of Australia's highest grading historic copper mines.
Castillo Copper is listed on the LSE and ASX under the ticker "CCZ." For further information, visit the Company's website: www.castillocopper.com
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