REG - Phoenix Copper Ltd - Advisory Board Member Share Purchase

Phoenix CopperAnnouncement

22/12/2025 10:15

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RNS Number : 4798M  Phoenix Copper Limited  22 December 2025

Phoenix Copper Limited / Ticker: PXC / Sector: Mining

 

22 December 2025

Phoenix Copper Limited

("Phoenix" or the "Company")

Advisory Board Member Share Purchase

Phoenix Copper Limited (AIM: PXC; OTCQX ADR: PXCLY), the AIM quoted, USA
focused base and precious metals emerging producer and exploration company,
announces that on 18 December 2025 Andre Cohen, a member of the Company's
Advisory Board, purchased 300,000 Ordinary Shares of no par value in the
Company ("Ordinary Shares") at 1.95p per share.

Following this purchase, Andre Cohen has a beneficial interest totalling
942,452 Ordinary Shares representing 0.36% of the Company's issued share
capital.

 For further information please visit  https://phoenixcopperlimited.com
(https://phoenixcopperlimited.com/) .

Contacts

 Phoenix Copper Limited                               Ryan McDermott                        Tel: +1 208 9547039

                                                      Paul de Gruchy                        Tel: +44 7484 203 720

                                                      Richard Wilkins                       Tel: +44 7590 216 657
 SP Angel Corporate Finance LLP (Nominated Adviser)   David Hignell / Jen                   Tel: +44 20 3470 0470

                                                      Clarke / Devik Mehta
 Tavira Financial Limited (Joint Broker)              Jonathan Evans / Oliver Stansfield    Tel: +44 20 7100 5100
 Zeus Capital Limited (Joint Broker)                  Harry Ansell / Katy Mitchell          Tel: +44 20 7220 1666
 Oak Securities (Corporate Bond Adviser)              Hugh Rich                             Tel: +44 20 3973 3678
 BlytheRay                                            Tim Blythe / Megan Ray                Tel: +44 20 7138 3204

 (Financial PR)                                                                             Email: PhoenixCopper@blytheray.com

 

Notes

Phoenix Copper Limited is an emerging producer and exploration company
specialising in base and precious metals, with an initial focus on copper,
gold, and silver extraction from an open-pit mining operation within the
United States.

Located in the historic Alder Creek mining district near Mackay,
Idaho, Phoenix's flagship asset is the Empire Mine, in which the Company
holds an 80% ownership stake. The historic Empire underground mine, located
beneath the surface of the Company's proposed open pit, boasts a rich history
of producing high-grade copper, gold, silver, zinc, and tungsten.

Since 2017, Phoenix has executed extensive drilling initiatives, resulting
in an expansion of the Empire Open-Pit resource by over 200%. In May
2024 the Company published its inaugural mineral reserve statement for
the Empire Open-Pit Mine. Proven and Probable mineral reserves are 10.1
million tonnes containing 109,487,970 lbs of copper, 104,000 oz of gold and
4,654,400 oz of silver. This reserve was estimated using assay data from 485
drill holes, extensive geological modelling, metallurgical recovery test work,
geotechnical evaluation, and mine design. The reserve represents a combined
66,467 tonnes of copper equivalent metal.

In addition to the Empire Mine, Phoenix's holdings in the district also
encompass the Horseshoe, White Knob, and Blue Bird Mines, all of which have
been producers of copper, gold, silver, zinc, lead, and tungsten from
underground operations, a new high-grade silver and lead orebody at Red Star,
and the Navarre Creek gold exploration project, which was first drilled in
2023. The Company's land package at Empire spans 8,434 acres (34 sq km).

Phoenix also owns two cobalt properties situated along the Idaho Cobalt Belt
to the north of Empire. An Earn-In Agreement has been established concerning
one of these properties.

Phoenix is listed on London's AIM (PXC), and trades on New York's OTCQX
Market (PXCLF and PXCLY (ADRs)). More details on the Company, its assets and
its objectives can be found on PXC's website
at https://phoenixcopperlimited.com/

 

 

 

 

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