Until December 2022, Three Valley Copper (TVC) focused on operating and expanding Minera Tres Valles SpA's (MTV) copper mining operations in Chile. MTV filed for voluntary liquidation in Chile in December 2022 and TVC no longer controls MTV.
TVC is now considering the most efficient way to maximize shareholders’ value in the Company such as, investigating the prospects for a business combination, change in corporate strategy or sale of the Company. If no viable alternatives are available to the Company, the Company may then decide to proceed to distribute the remaining property of the Company to shareholders. However, the Board of Directors has not made any decisions with respect to the alternatives at this time.