And finally the games begin.....
It appears they will be the first out of the gate....then we wait to see if there are any other BIDDERS
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Cupric Canyon Capital ("Cupric")
Bridging the canyon between copper and capital…
Cupric Canyon Capital ("Cupric") was established in 2010 to acquire undeveloped copper assets with a known resource, add value by taking the projects through the development process, and ultimately exit via a sale or IPO. The private equity company is backed by the investment banking division of Barclays Bank PLC through its Barclays Natural Resource Investments team.
Cupric’s management team has worked together at various times over the past 20 years and includes Tim Snider (Chairman), Dennis Bartlett (Executive Director), Lowell Shonk (CEO), Steve Enders and David Naccarati (all directors). The team has extensive experience in all phases of the mining process from exploration to development and operations, and it has a unique blend of technical skills and company backgrounds.
http://www.hanamining.com/
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Hana Mining Completes Arrangement with Cupric Canyon Capital LP
FEB 20 2013
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb 20, 2013) - Hana Mining Ltd. (TSX VENTURE:HMG)(FRANKFURT:4LH)(BOTSWANA:HANA) (the "Company" or "Hana") and Cupric Canyon Capital LP ("Cupric") are pleased to announce that Cupric has indirectly acquired all of the outstanding common shares of Hana (the "Hana Shares"), pursuant to the previously announced statutory plan of arrangement (the "Arrangement") involving Hana, Cupric, Cuprous Capital Ltd., a wholly owned subsidiary of Cupric, and Hana''s securityholders.
MORE
http://finance.yahoo.com/news/hana-mining-completes-arrangement-cupric-193317770.html
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Barclays' Cupric Canyon to buy Botswana-focused copper junior
Cupric Canyon targets Hana Mining with a C$67 million offer for the Hana shares it doesn't already own.
MORE
http://www.mineweb.com/mineweb/content/en/mineweb-junior-mining?oid=160861&sn=Detail
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