Further to its news releases dated August 21 and August 26, 2024, Copper Road Resources Inc. is pleased to announce the completion of its non-brokered private placement of 6,000,000 common shares for gross proceeds of $120,000 . The Company expects to use the proceeds from the Offering for exploration activities on the Mount Jamie property and for general working capital purposes. The Common Shares issued pursuant to the [...]
Copper Road Resources Inc. is pleased to announce an increase to its previously announced non-brokered private placement of 5,000,000 common shares to up to 6,000,000 Common Shares for gross proceeds of up to $120,000. The closing of the Offering is expected to occur on or about September 5, 2024, and is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange . The Company expects to [...]
Copper Road Resources Inc. is pleased to announce to announce a fully subscribed non-brokered private placement for gross proceeds of $100,000 from the sale of 5,000,000 common shares of the Company. The closing of the Offering is expected to occur on or about September 5, 2024, and is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange . The Company expects to use the proceeds for [...]
Copper Road Resources Inc. announces the appointment of Mark Goodman, the current Executive Chairman and a director of Copper Road, as Interim President and Chief Executive Officer, replacing John Timmons, effective immediately. The Board of Directors of the Company expresses its gratitude to Mr. Timmons for his service and wishes him the best in his future endeavors. About Copper Road Resources[...]
Further to its news releases dated February 14 and April 30, 2024, Copper Road Resources Inc. is pleased to announce that it has completed the sale of its 100% interest in the 24,000-hectare Copper Road Project located in Batchewana Bay, Ontario to Sterling Metals Corp. . Pursuant to the terms of a definitive share purchase agreement dated February 13, 2024 between the Company, Sterling and a wholly-owned subsidiary of [...]
Copper Road Resources is pleased to announce that its shareholders overwhelmingly approved two special resolutions authorizing the sale of the Copper Road Project to Sterling Metals Corp. and the distribution of an aggregate of 108,087,683 common shares of Sterling to shareholders of the Company as a reduction of stated capital, at a special meeting of shareholders of the Company held earlier today . Each of the [...]
Copper Road Resources is pleased to announce that it has negotiated the settlement of $190,068.25 related to accounts payable for professional services in consideration for the issuance of 3,801,365 common shares of the Company at a deemed price of $0.05 per common share. The debt settlement is subject to receipt of all required regulatory approvals, including the approval of the TSXV. The common shares to be issued [...]
Copper Road Resources is pleased to announce that it has entered into an arm's length definitive share purchase agreement dated February 13, 2024 with Sterling Metals Corp. and 100797918 Ontario Inc., a wholly-owned subsidiary of the Company, pursuant to which Sterling has agreed to acquire a 100% interest in the 24,000-hectare Copper Road Project located in Batchewana Bay, Ontario from the Company . The property package [...]
Copper Road Resources is pleased to announce 2023 diamond drill results from its 1,250-metre drill program completed in the JR Zone at the 24,000-hectare Copper Road Project, Batchewana Bay, Ontario. The JR Zone is located approximately 8 km from the Tribag Zone which the Company drilled in 2022. The objective was to confirm the lengthy historical intersections of Copper and Molybdenum mineralization within the Jogran [...]
Further to its news release dated October 16, Copper Road Resources is pleased to announce the closing of its upsized non-brokered private placement of 1,750,000 flow-through units of the Company at a price of $0.10 per FT Unit for gross proceeds of $175,000. Each FT Unit was comprised of one common share of the Company that was issued as a "flow-through share" within the meaning of the Income Tax Act and one common share [...]
Copper Road Resources is pleased to announce a non-brokered private placement 1,500,000 flow-through units of the Company at a price of $0.10 per FT Unit for aggregate gross proceeds of $150,000. Each FT Unit will consist of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act and one common share purchase warrant. Each Warrant shall entitle the holder to purchase [...]
At the Jogran Porphyry target, both holes J-23-01 and J-23-02 intersected broad zones of copper mineralization . Mineralization is exhibited as chalcopyrite + molybdenite ± bornite + pyrite + pyrrhotite disseminations and in quartz veinlets hosted in a quartz-sericite-pyrite altered quartz monzonite porphyry. At the Richards Breccia target, two of four holes encountered wide intersections of copper mineralization . The [...]