Greenstone Invests in Colorado Copper Project
Locales: UNITED STATES, CANADA

TORONTO, ON - February 18, 2026 - Greenstone Enterprises Inc. (TSXV: GSR) today announced the initial closing of a secondary private placement offering for shares in Gunnison Copper Corp. (CSE: GUNN), a move poised to accelerate exploration and development of a promising copper-molybdenum-silver project in southwestern Colorado. The transaction highlights a growing trend of strategic investment within the resource sector, as established companies like Greenstone provide vital capital access for emerging exploration firms.
This first closing signifies a significant step in unlocking the potential of Gunnison Copper's Colorado asset. The offering involves the sale of common shares held by a major shareholder, a common practice allowing early investors to realize returns while simultaneously providing crucial funding for continued growth. While the specific amount raised in this initial tranche hasn't been disclosed, Greenstone confirmed it represents a substantial portion of the total planned offering.
Colorado's Copper Potential & the Rise of Critical Minerals
The timing of this investment aligns with increasing global demand for copper, a vital metal for the transition to renewable energy and electrification. Copper is a critical component in electric vehicles (EVs), wind turbines, solar panels, and power transmission infrastructure. The surge in EV adoption and the push for a greener energy grid are creating a sustained upward pressure on copper prices, making exploration projects like Gunnison Copper's particularly attractive.
Furthermore, the inclusion of molybdenum and silver as recoverable elements within Gunnison Copper's project adds further economic viability. Molybdenum, often used as an alloying agent in steel to enhance its strength, is also facing increased demand from industrial applications. Silver, while known for its monetary value, also possesses crucial properties for use in electronics and solar technology. The diversified commodity profile mitigates risk and potentially maximizes returns for investors.
Greenstone's Role as a Strategic Investment Firm
Greenstone Enterprises has established itself as a key player in the natural resource investment landscape. The company's strategy focuses on identifying promising early-stage resource companies and providing them with the financial resources and expertise needed to advance their projects. Acting as a placement agent in this offering allows Greenstone to leverage its network and industry knowledge to facilitate capital raising for Gunnison Copper. This isn't merely a transactional relationship; it signals a belief in Gunnison Copper's long-term potential and a commitment to supporting its growth.
"We are pleased to be working with Gunnison Copper to facilitate this financing," said a representative from Greenstone Enterprises. "We believe their Colorado project holds significant promise, and this funding will enable them to accelerate their exploration and development activities. We continue to seek out opportunities to invest in companies with strong assets and capable management teams."
What's Next for Gunnison Copper?
The proceeds from the offering will be directed towards the ongoing exploration and development of Gunnison Copper's southwestern Colorado project. This likely includes further drilling to delineate the extent of the copper-molybdenum-silver deposit, metallurgical testing to optimize ore processing methods, and potentially preliminary economic assessments (PEAs) to evaluate the project's financial viability. The company will also need to secure all necessary regulatory approvals and permits before commencing any large-scale development.
The final closing of the offering remains subject to standard conditions, including regulatory approvals. Investors will be watching closely to see the total amount raised and how effectively Gunnison Copper deploys the capital. The success of this financing could pave the way for further investment rounds and ultimately, the advancement of a potentially significant copper resource.
The broader implications extend beyond Gunnison Copper and Greenstone. It reinforces the importance of investment in domestic critical mineral resources, especially as global supply chains face increasing pressures. The Colorado project, if successful, could contribute to a more secure and sustainable supply of copper, molybdenum, and silver for North American industries.
Disclaimer: This news release contains forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements.
Read the Full Toronto Star Article at:
[ https://www.thestar.com/globenewswire/greenstone-announces-first-closing-of-secondary-private-placement-offering-of-shares-of-gunnison-copper-corp/article_881a5c76-1d1e-5073-9143-f4e88cc9c951.html ]