This transaction
This investmentThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
Mineral exploration and development in Canada
The impact of this transaction on financial results will be immaterial.
| Item | Details |
|---|---|
| Transaction name | This investment |
| Counterparty name | Fireweed Metals Corp. |
| Name of the Subject Company | Fireweed Metals Corp. |
| Business Description of the Subject Company | Mineral exploration and development in Canada |
| Location of the Subject Company | Canada (Vancouver, British Columbia) |
| Capital Stock of the Subject Company | C$191,010,346 |
| Date of Establishment of the Subject Company | October 2015 |
| Acquisition price | C$47 million (approximately ¥5.4 billion) |
| Type of Consideration | Cash |
| Voting rights ownership percentage | Before ０％ → after ５％ |
| Funding arrangements | Funds generated from the transfer of interests in the Caserones Copper Mine |
| Impact on Business Performance | The impact of this transaction on financial results will be immaterial. |
| Date of board resolution | 30 March 2026 |
| Contract Date | 30 March 2026 |
| Execution Date / Effective Date | 7 April 2026 (scheduled) |
Items this document does not state (17)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.JX Advanced Metals Corporation will participate in a promising resources project in order to secure a stable, long-term supply of the rare metal resources needed for its focus businesses, including semiconductor materials. Through its investment in Fireweed, the company will establish a framework to secure rights to purchase production in the future, thereby strengthening its supply chain and supporting the growth of its focus businesses.