On April 16, 2025, Camino Minerals Corporation announced that it had completed the acquisition of all of the issued and outstanding shares of Cuprum Resources Chile SpA, which owns the construction-ready Puquios copper project located in Chile, from Santiago Metals Investment Holdings II SLU and Santiago Metals Investment Holdings II-A LLC.

The acquisition resulted in Camino-Nittetsu Mining Chile SpA (“JVCO”), an entity existing under the laws of Chile in which Camino and Nittetsu Mining Co., Ltd. (“Nittetsu”) each hold a 50 percent ownership interest, acquiring a 100 percent ownership interest in Cuprum.

Cassels acted for Camino.