Algo Grande Copper raised $3.8M to acquire Mexico’s Adelita Project, aiming for a TSX Venture listing by Dec. 16, 2025.

Algo Grande Copper, formerly Kenadyr Metals Corp., has closed its $3.8 million non-brokered private placement, oversubscribed across three tranches, with the final $868,012.88 raised at $0.375 per subscription receipt. Proceeds will fund the acquisition of the Adelita Project in Mexico, exploration, and operations. The company plans to rebrand and list on the TSX Venture Exchange, pending regulatory approval, expected around December 16, 2025. The project, spanning 5,985 hectares, includes the high-grade Cerro Grande skarn discovery and potential porphyry-style mineralization. A technical report confirms its district-scale copper-gold-silver potential.