SEC Filing ⚠ 3
GCUMF: 6-K · ticker change
Gunnison Copper announced its Level II ADRs are expected to commence trading on NYSE American under the ticker symbol GUNN on or about October 26, 2026, with each ADR representing 30 common shares. The listing is not an equity financing — no new shares will be issued and no capital raised. Existing TSX (GCU), OTCQB (GCUMF) and Frankfurt (3XS0) listings are unaffected, and U.S. shareholders may convert shares into ADRs through BNY starting October 23, 2026.
In a second release, Gunnison hosted U.S. Secretary of the Interior Doug Burgum and Congressman Juan Ciscomani at its producing Johnson Camp Mine, dedicating 'Gunnison Copper Patriots Plaza' and highlighting its role supplying copper to the U.S. defense sector and Amazon Web Services.
The company also announced employee ownership initiatives ahead of the NYSE debut: a one-time RSU award with a target value of US$2,500 per eligible employee vesting after 12 months, and a voluntary Employee Share Purchase Plan with a 15% discount to market value capped at US$2,500 of annual discount benefit.
The company's flagship Gunnison Copper Project carries a March 2026 PEA with an NPV8% of approximately US$2 billion, a 23% IRR and 3.9-year payback; the PEA is preliminary and includes Inferred Resources that are not shown to be economically viable.
SEC 6-K • 6d ago