US Copper Corp Completes Non-Brokered Private Placement
US Copper Corp (OTCQB: USCUF) has successfully completed a non-brokered private placement raising $1,165,000 through the issuance of 11,650,000 units at $0.10 per unit. Each unit comprises one common share and one warrant, with warrants exercisable at $0.15 per share within a 2-year period.
The company will utilize the proceeds for general working capital and to advance its Moonlight-Superior Copper Project, focusing on baseline studies for permits, metallurgical studies, and geophysical surveys for deeper target exploration. The private placement included finders' fees of $5,700 and is subject to TSX Venture Exchange final acceptance.
US Copper Corp (OTCQB: USCUF) ha completato con successo un collocamento privato senza intermediari, raccogliendo 1.165.000 dollari tramite l'emissione di 11.650.000 unità a 0,10 dollari ciascuna. Ogni unità comprende una azione ordinaria e un warrant, esercitabile a 0,15 dollari per azione entro un periodo di 2 anni.
La società utilizzerà i fondi per il capitale circolante generale e per avanzare nel suo progetto Moonlight-Superior Copper, concentrandosi su studi di base per i permessi, studi metallurgici e indagini geofisiche per l'esplorazione di obiettivi più profondi. Il collocamento privato ha incluso commissioni per intermediari di 5.700 dollari ed è soggetto all'approvazione finale della TSX Venture Exchange.
US Copper Corp (OTCQB: USCUF) ha completado con éxito una colocación privada sin intermediarios, recaudando 1.165.000 dólares mediante la emisión de 11.650.000 unidades a 0,10 dólares por unidad. Cada unidad consta de una acción común y un warrant, con warrants ejercitables a 0,15 dólares por acción dentro de un período de 2 años.
La compañía utilizará los fondos para capital de trabajo general y para avanzar en su proyecto Moonlight-Superior Copper, enfocándose en estudios base para permisos, estudios metalúrgicos y encuestas geofísicas para la exploración de objetivos más profundos. La colocación privada incluyó honorarios de intermediarios de 5.700 dólares y está sujeta a la aceptación final de la TSX Venture Exchange.
US Copper Corp (OTCQB: USCUF)는 중개인 없이 진행한 사모 발행을 성공적으로 완료하여 1,165,000달러를 조달했으며, 단가 0.10달러로 11,650,000 단위를 발행했습니다. 각 단위는 보통주 1주와 워런트 1개로 구성되며, 워런트는 2년 이내에 주당 0.15달러에 행사할 수 있습니다.
회사는 조달 자금을 일반 운영 자본과 Moonlight-Superior Copper 프로젝트 진행에 사용할 예정이며, 허가를 위한 기초 연구, 야금학 연구 및 심층 목표 탐사를 위한 지구물리학 조사에 주력할 계획입니다. 이번 사모 발행에는 중개인 수수료 5,700달러가 포함되었으며 TSX 벤처 거래소의 최종 승인을 기다리고 있습니다.
US Copper Corp (OTCQB : USCUF) a réussi une augmentation de capital privée sans intermédiaire, levant 1 165 000 $ par l'émission de 11 650 000 unités au prix de 0,10 $ par unité. Chaque unité comprend une action ordinaire et un warrant, les warrants étant exerçables à 0,15 $ par action dans un délai de 2 ans.
La société utilisera les fonds pour le fonds de roulement général et pour faire avancer son projet Moonlight-Superior Copper, en se concentrant sur les études de base pour les permis, les études métallurgiques et les levés géophysiques pour l'exploration de cibles plus profondes. L'augmentation privée comprend des frais de recherche de 5 700 $ et est soumise à l'acceptation finale de la TSX Venture Exchange.
US Copper Corp (OTCQB: USCUF) hat erfolgreich eine nicht vermittelte Privatplatzierung abgeschlossen und dabei 1.165.000 USD durch die Ausgabe von 11.650.000 Einheiten zu je 0,10 USD pro Einheit eingenommen. Jede Einheit besteht aus einer Stammaktie und einem Warrant, wobei die Warrants innerhalb von 2 Jahren zu 0,15 USD pro Aktie ausgeübt werden können.
Das Unternehmen wird die Erlöse für das allgemeine Betriebskapital und zur Weiterentwicklung seines Moonlight-Superior Copper Projekts verwenden, wobei der Fokus auf Basisstudien für Genehmigungen, metallurgischen Studien und geophysikalischen Untersuchungen zur Erkundung tieferer Ziele liegt. Die Privatplatzierung beinhaltete Vermittlungsgebühren in Höhe von 5.700 USD und unterliegt der endgültigen Zustimmung der TSX Venture Exchange.
- Successfully raised $1.165M through private placement
- Warrants provide potential additional funding at $0.15 per share
- Proceeds will advance Moonlight-Superior Copper Project development
- Dilution of existing shareholders through issuance of 11.65M new units
- Four-month hold period restricts immediate trading of new shares
Toronto, Ontario--(Newsfile Corp. - July 28, 2025) - US Copper Corp (TSXV: USCU) (OTCQB: USCUF) (FSE: C730) ("US Copper" or the "Company") is pleased to announce that it has completed a non-brokered private placement (the "Private Placement") for aggregate gross proceeds of
A material change report in connection with the Private Placement will be filed less than 21 days before the closing of the Private Placement. The Company believes this shorter period is reasonable and necessary in the circumstances as the Company wished to complete the Private Placement in a timely manner.
The Company intends to use the proceeds of the Private Placement for general working capital purposes and to advance its Moonlight-Superior Copper Project. Such activities are expected to include baseline studies required for permit applications, metallurgical studies required for more advanced engineering studies and geophysical surveys to assist in targeting deeper targets.
For Further Information Contact:
Mr. Stephen Dunn, President, CEO and Director, US Copper Corp (416) 361-2827 or email info@uscoppercorp.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
This press release contains forward-looking statements within the meaning of applicable Canadian and U.S. securities laws and regulations, including statements regarding the future activities of the Company. Forward-looking statements reflect the current beliefs and expectations of management and are identified by the use of words including "will", "hopes", "anticipates", "expected to", "plans", "planned", "intends" and other similar words. Actual results may differ significantly. The achievement of the results expressed in forward-looking statements is subject to a number of risks, including those described in the Company's management discussion and analysis as filed with the Canadian securities regulatory authorities which are available at www.sedarplus.ca. Investors are cautioned not to place undue reliance upon forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260424
FAQ
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