Waterloo closes reverse takeover of Lowell

Jul 10, 2013 | 03:35 PM | Everdeen Mason

Tags  copper, Waterloo Resources, Lowell Copper, exploration, Marcel de Groot, J. David Lowell, reverse takeover, RTO Everdeen Mason

NEW YORK — Waterloo Resources Ltd. has purchased all outstanding shares of Lowell Copper Inc. and completed an $11.37 million private placement financing to fund exploration projects, Lowell Copper announced July 10. Waterloo will be renamed Lowell Copper Ltd.

David Lowell, Lowell’s chief executive officer, president and founder, will be the new joint company’s chairman, chief executive officer and director. The Vancouver, British Columbia-based company announced the takeover in February (amm.com , Feb. 26).....

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