Frequently Asked Questions

Horizon Copper is a growth company which holds a portfolio of interests in high-quality, low-cost copper mining projects. Horizon Copper is not the operator of these projects—its focus is on investing in large copper mines that are cash-flowing or in development.

While Horizon Copper’s management team has decades of experience in the mining royalty industry, Horizon Copper is not simply a royalty company. Instead, it holds passive interests in high-quality copper mines around the world. Currently, Horizon’s portfolio consists of net profit interests, non-operating direct interests, and equity interests in other public companies.

Horizon Copper’s unique business model provides shareholders with exposure to interests in some of the largest and highest quality copper mines in the world through its diversified copper portfolio.  When combined with the leverage provided by the Company’s capital structure and to the copper price, Horizon Copper provides shareholders with opportunities for significant returns on investment.

Horizon can fund new copper interests through a combination of financing sources including cash on hand, debt , precious metals streaming agreements provided by Sandstorm Gold Royalties and, if required, equity.  

Yes. Horizon Copper is listed on the TSX Venture under the symbol HCU and on the OTCQX under the symbol HNCUF.

Horizon Copper is listed on the TSX Venture under the symbol HCU and on the OTCQX under the symbol HNCUF. Investors may choose to buy shares of Horizon Copper on either the TSX-V or through the OTCQX.

Currently, Horizon Copper is a growth company and continues to invest cash flows back into the business including debt repayment and acquiring new assets. As the Company matures, it will look to return profits to shareholders.

Horizon Copper’s mining portfolio is diversified around the globe. Currently, Horizon has interests in mines located in Peru, Mongolia, and Türkiye.

Horizon Copper’s portfolio consists of varying interests in three world-class copper mines. These include the Antamina copper mine in Peru, the Hugo North Extension at the Oyu Tolgoi mine in Mongolia, and the high-grade copper-gold project, Hod Maden, in Türkiye. Learn more about Horizon’s portfolio here:

No. Sandstorm Gold Royalties is the largest shareholder of Horizon Copper at approx. 34%. Sandstorm is a strategic growth partner for Horizon, with the option to provide future financing for transactions via precious metal by-product streams.

No. Horizon owns a 30% non-operating interest in the high grade copper-gold project, Hod Maden. The project is being developed by SSR Mining Inc.

You can view and download Horizon Copper’s financial statements on our website at www.horizoncopper.com/investors/#financials or on Sedar+ at www.sedarplus.com.

Yes! Investors have the option to buy shares of Horizon Copper on either the TSX Venture under the symbol HCU and on the OTCQX under the symbol HNCUF.

Copper is an indispensable metal used in various industries thanks to its unique properties. Copper is primarily used in electrical components and electronic equipment including wiring, motors, generators, and transformers. Its versatility and conductivity make it vital for advancing technological innovation worldwide, including clean energy technology and artificial intelligence.

The price of copper is influenced by a number of key drivers including macro-economic conditions, geopolitics, and fluctuations in supply and demand.

Horizon Copper’s portfolio includes interests in the Antamina copper mine— the 3rd largest copper mine in the world, and also a portion of Oyu Tolgoi, which is expected to be the 4^th largest copper mine in the world by 2030.

Horizon Copper’s portfolio consists of copper projects owned and operated by some of the best mining companies in the world. The operators of these projects are committed to sustainable mining practices. You can learn more about Horizon’s projects and their respective operators here.

Copper and gold often occur together in mineral deposits, because they can be formed by similar geological processes. Many large copper mines also produce significant quantities of gold as a byproduct. These precious metal byproducts can be sold to other companies as a way of financing the development or expansion of the copper mines.

Copper prices fluctuate based on market demand, supply constraints, geopolitical events, and overall economic conditions. Strong demand and limited supply typically drive prices up, while oversupply can lead to price drops.

Erfan Kazemi is the co-founder and President & CEO of Horizon Copper. Since 2011, Erfan has held the role of Chief Financial Officer at Sandstorm Gold Royalties where he has helped raise over a billion dollars in equity and debt financing.

Craig McMillan is the Chief Financial Officer of Horizon Copper. He spent over two decades in various roles at PricewaterhouseCoopers LLP in the United Kingdom, Australia, and Canada. Most recently, he was a senior partner in the Assurance practice of PwC where he led the audits of Canadian and US-listed multinational entities with a focus on companies within the mining sector.

Nolan Watson is Chairman of Horizon Copper. As President & CEO of Sandstorm Gold Royalties, Nolan helped co-found Horizon Copper as a strategic partner to Sandstorm in 2022. Nolan has led Sandstorm’s transformation from a small startup into one of the world’s largest precious metals royalty companies with a multi-billion-dollar valuation.