Article

Arizona Sonoran Copper Company and Nuton LLC have mutually agreed to terminate the option for a joint venture on the Cactus project, effective immediately. This includes ending Nuton's investor rights agreement.

Arizona Sonoran plans to continue the Cactus project independently, with a feasibility study and final permit amendments expected later this year, and a final investment decision projected for Q4 2026. Arizona Sonoran will make total payments of up to $34.96 million to Nuton as part of the termination.