Capstone Copper closed the amendment and extension of the Capstone corporate revolving credit facility ("RCF") from $225 million to $500 million plus $100 million accordion and extended the RCF by four years to May 12, 2026. Upon closing of the RCF, Capstone will repay the existing debt facility with Glencore Chile SpA ("Glencore") which was previously raised in connection with the Mantos Blancos Concentrator Development Project.

The RCF is with Canadian Imperial Bank of Commerce (Co-Lead Arranger, Joint Bookrunner and Administrative Agent), The Bank of Nova Scotia (Co-Lead Arranger and Joint Bookrunner and Syndication Agent), ING Capital (Co-Lead Arranger and Joint Bookrunner), National Bank of Canada (Joint Documentation Agent), Wells Fargo Bank, Canadian Branch (Joint Documentation Agent), Citibank, Bank of Montreal and Royal Bank of Canada.

Raman Randhawa, Capstone’s SVP and CFO commented, "The successful closing of our amended revolving credit facility, which has been right-sized for Capstone Copper along with improved terms and conditions will provide greater financial flexibility to support the execution of our future growth projects. In the near-term, our balance sheet and overall financial liquidity remains very strong to complete the construction and commissioning of our Mantoverde Development Project which is advancing well. We thank our lenders for their continuing support in the upsizing and extension of our revolver."