Mexico CityJune 24, 2026 /PRNewswire/ — Frontera Copper Corporation, S.A.P.I. de CV and Kupari Investments Ltd. (“Kupari”), collectively referred to as the “Company,” today announced that Frontera Copper Corporation (“Frontera”) and Kupari’s wholly-owned subsidiary, Kupari Metals A.G., have initiated a strategic sale of the Piedras Verdes mine. Any reference to the Piedras Verdes mine complex refers to the 100% equity interests of Frontera and Kupari Metals. For this process, the two companies have engaged BMO Capital Markets as financial advisor and Blake, Cassels & Graydon LLP as legal counsel.
Piedras Verdes is a producing copper mine located in the stable and mining-friendly state of Sonora, Mexico, with nearby supportive infrastructure and a skilled workforce. Given sustained strong copper demand, long-term electrification trends, and copper supply shortages due to lengthy development processes, management believes that a sale today has the potential to generate substantial returns, while acquirers can benefit from immediate commercial production and expansion opportunities.
BMO Capital Markets has begun negotiations with multiple potential acquirers, and the two companies will open a data room containing confidential information to potential acquirers who have signed satisfactory confidentiality agreements.