Capstone Copper Corp. announced a secondary offering on March 24, 2023, and closed it on March 31, 2023. The offering raised C$285 million through the sale of 50,000,000 common shares at C$5.70 each. Orion Fund JV Limited and affiliates were the selling shareholders, reducing their stake from 32.03% to 24.83%. Underwriters included National Bank Financial Inc., Scotia Capital Inc., CIBC, RBC, BMO, and Canaccord Genuity. Legal advisors were Blake, Cassels & Graydon LLP for Capstone, Stikeman Elliott LLP for the sellers, and Torys LLP for the underwriters. Proceeds went to the selling shareholders.