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True North Copper Ltd
40 Blanckensee Road, Black Mountain
Phone: +61 740310644p:+61 740310644 CAIRNS, QLD  4870  Australia Ticker: TNCTNC
Placed into Administration on 10/21/2024
On 10/21/2024, True North Copper Ltd and its subsidiaries, TNC Mining Pty Ltd, Coppercorp Pty Ltd, TNC Asset Holding Pty Ltd, and Northwest Copper Pty Ltd, were placed into Voluntary Administration with Richard Tucker and Tony Miskiewicz of KordaMentha appointed as the Administrators.
Business Summary
True North Copper Limited is an Australia-based copper, cobalt and critical minerals mining company. The Company’s projects include Cloncurry Project, Mt Oxide Project and Bundarra Project. The Cloncurry Project is centered around the Great Australia Mine Complex located at Cloncurry in north-west Queensland. The Mt Oxide Project has established infrastructure, including an exploration camp and proximity to a processing plant and power grid. The Mt Oxide Project offers development and exploration potential. The Mt Oxide Project holds substantial resources, including 228.18 kt copper, 21.20 kt cobalt, and 4.26 Moz silver. The Mt Oxide Project holds substantial resources, including 228.18 kt copper, 21.20 kt cobalt, and 4.26 Moz silver. Its Bundarra Project is strategically situated approximately 130 kilometers (km) southwest of Mackay and 50 km east of Moranbah in the central Queensland coal fields.
(Source: 10-K405)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20246/30/2024Yes----

Industries
SIC Code Description
1021 Copper ores
1041 Gold ores
1099 Miscellaneous metal ores, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Managing Director, Director BevanJones 6/10/2024 6/3/2024
Operations Manager PhilipBentley 3/25/2022 3/25/2022
Exploration Manager ThomasDwight 3/1/2020 3/1/2020
3 additional Officers and Directors records available in full report.

Business Names
Business Name
Coppercorp Pty Ltd
DEX
DEXDA
5 additional Business Names available in full report.

General Information
Number of Employees: 50 (As of 6/30/2024)
Outstanding Shares: 10,298,674 (As of 12/30/2024)
Shareholders: 2,395
Stock Exchange: ASX


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Tuesday, January 28, 2025