San Juan, Puerto Rico— Domenari Capital(“Domenari”) is pleased to announce the completion of the sale of the Malmyzh copper-gold porphyry project (“Malmyzh”) to Russian Copper Company (“RCC”) by IG Copper LLC (“IGC”) as defined in the Share Purchase Agreement for a US $200 million consideration. Domenari and its subsidiaries are the third largest shareholder of IGC and hold an aggregate of approximately 12% of the IGC fully diluted equity. Scotiabank Europe plc, the U.K. subsidiary of The Bank of Nova Scotia, is an advisor to IGC regarding the transaction.
About Domenari. Domenari Capital, a privately held Puerto Rico based Act 20 company, a managing partner and founding group of investors for IGC. Domenari has been involved in the finance and capital acquisition requirements for project development since its inception.
About IGC. IGC, a privately held company, is led by President and CEO Thomas E. Bowens, and includes key personnel with a track record of exploration discovery and project development in the Russian Far East.
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