Centenario Copper Completes Partial Copper Hedge Monetization for USD $26 Million of Net Proceeds
November 20th, 2008On November 13, 2008 Centenario Copper Corporation reported that it had received the consent of the lenders under the Franke Credit Facility, to repurchase a portion of the 2010 copper hedge book to yield $26 million in net proceeds. On November 19, 2008, all relevant documentation was completed, and the Company repurchased 30.2 million pounds [...]