- A gross income of $250,000 or more per annum in each of the previous two financial years; or
- Net assets of at least $2.5 million; and
- A verified Qualified Accountant’s certificate given no more than two (2) years ago confirming the Sophisticated Investor status. Please refer to the Corporations Act: Specifically Section 708(08) and Section s761G(7)
A straightforward pathway to production with near-term exit
Copper Bay Resources is already sitting on a 75Mt @ 0.65% Cu resource with a A$7 billion contained copper value and is showing the potential of becoming a top-10 US producer.
The project has the blue sky potential to define a district-scale 1Bt+ copper resource.
Copper Bay was sourced and seeded by MDF Global – a group of world-leading geologists who have discovered $100B+ in metals production, along with proven deal makers.
This transaction has been structured (valuation of $23.6m) to provide investors with substantial upside based on the existing resource alone.
The company is targeting an IPO by the end of this year.
Hear more about the company
Copper Bay Investor Briefing
Chairman Joseph Webb presents Copper Bay’s pathway to production and near-term IPO, with the potential of an annual production that could put them in the top-10 copper producers in the US.
42 Mins | 19 March 2025
Q&A Update with Russell Eley
MDF Global’s Chief Geologist, Russell Eley discusses his experience at BHP and Rio Tinto and why he sees parallels between Copper Bay’s projects and some of the rarest copper opportunities he has seen globally.
19 Mins | 25 February 2025
Q&A Update with Joseph Webb
Copper Bay Chairman Joseph Webb shares key insights from the PDAC conference in Toronto, how he saw “the mood in the room” and what this could mean for the resources markets.
18 Mins | 7 March 2025
Copper Bay Investor Briefing
Chairman Joseph Webb presents Copper Bay’s pathway to production and near-term IPO, with the potential of an annual production that could put them in the top-10 copper producers in the US.
53 Mins | 27 February 2025
Q&A Update
MDF Global’s Chief Geologist, Russell Eley discusses his experience at BHP and Rio Tinto and why he sees parallels between Copper Bay’s projects and some of the rarest copper opportunities he has seen globally.
19 Mins | 25 February 2025
Investment
Highlights
- Led by MDF Global, who are credited with $100B+ in metals discoveries and are well-known, proven deal makers.
- 75Mt @ 0.65% Cu existing resource with a current contained copper value of ~A$7 billion.
- Has the hallmarks of an economically viable project, with clear permissioning pathways due to a partnership with traditional land owners all the way through to mining.
- The project has the blue sky potential to define a district-scale 1Bt+ copper resource.
- Market cap of $23.6m – a significant discount to comparable peers based on existing resource.
- High level terms (see term sheet for details).
- $10m Pre-IPO equity raise.
- Priced for investor upside and based on existing resource only.
- $23.6m market cap.
- Potential for a trade sale before the IPO occurs.
Board & Management

Joseph Webb
Chairman
Joseph Webb
Chairman
20+ years global executive management experience in the resources and manufacturing industries, with previous commercial roles with Rio Tinto and Mineralogy. Extensive commercial experience and a clear focus on the strategy, people and processes to maximise the potential of the Company’s vision.
Rob Sowerby
Technical Director
Rob Sowerby
Technical Director
30+ years of experience encompassing mineral exploration, resource assessment, due diligence and feasibility studies on major projects and government approvals. Founding Director and CEO of Alligator Energy, managing the company from initial project acquisition, through IPO, to a well-funded exploration.

Garrick Mendham
Project Director
Garrick Mendham
Project Director
30+ years in the mining industry, with management experience including working globally with Rio Tinto and BHP, and in Alaska, within corporate planning, technical, operating, commercial and financial roles. Qualified mining engineer across base and precious metals.

Priy Jayasuriya
CFO & Company Secretary
Priy Jayasuriya
CFO & Company Secretary
20+ years of global commercial and financial management experience, with various key executive roles with ASX- London and TSX-listed companies within the resources sector. Chartered Accountant with extensive experience in IPOs and managing relationships with key stakeholders.