Canadian Copper Inc. announces that it has closed its non-brokered, flow-through share offering consisting of 2,710,517 flow-through shares of the Company at a price of C$0.19 per FT Share for aggregate gross proceeds of $515,000. There were no warrants as part of this financing. Simon Quick, CEO of Canadian Copper, stated, "We would like to simultaneously thank and welcome a new small group of strategic shareholders to [...]
Canadian Copper Inc. announces that it has initiated a non-brokered, flow-through share offering of up to 2,631,580 flow-through shares of the Company at a price of C$0.19 per FT Share with each FT Share consisting of one common share of the Company that qualifies as a flow-through share as defined in section 66 of the Income Tax Act . The FT Offering is for aggregate gross proceeds of up to $500,000. Simon Quick, CEO of [...]
Canadian Copper Inc. announces voting results from the Company's Annual General and Special Meeting of the Shareholders held on February 18, 2025. A total of 29,365,354 common shares were voted, representing 28.71% of all outstanding common shares of the Company. A summary of the results of the election of the Company's directors is as follows: Item Voted Upon Votes For Votes Withheld/Against Number % Number % Election of [...]
Positive Rougher Flotation Results at Murray Brook Deposit Canadian Copper Inc. announced today positive results from its on-going metallurgical testwork program at SGS Canada Inc. in Lakefield, Ontario. The purpose of this program is to support the acceleration and derisking efforts towards bringing the Murray Brook Cu-Zn-Pb-Ag Deposit into production using the existing Caribou Process Plant under the Combined Strategy [...]
Canadian Copper Inc. provides a review of its progress throughout 2024 and outlines its key priorities for 2025. After completing several corporate activities in 2024, the Company remains focused on advancing the Murray Brook deposit and Caribou Processing Complex in the Bathurst Mining Camp, New Brunswick, Canada. Our metallurgical program is underway at SGS Lakefield , picture taken yesterday with description below [...]
Canadian Copper Inc. announces that it has closed its oversubscribed non-brokered private placement consisting of 12,226,557 units at a price of $0.15 per unit for gross proceeds of $1,833,983 previously announced on November 12th, 2024. As a result, the Company will continue its work on the Preliminary Economic Assessment studying the economic potential of processing the 100%-owned Murray Brook deposit at the constructed [...]
Canadian Copper Inc. announces that it has initiated a non-brokered private placement of up to 10,000,000 units at a price of $0.15 per unit for gross proceeds up to $1,500,000 . The Company has secured an initial lead order from Ocean Partners Holdings Limited of $500,000. Simon Quick CEO of Canadian Copper has committed $100,000 to this offering. Purpose of the Private Placement and Use of Funds The Company plans to use [...]
Canadian Copper Inc. announces that Brent Omland, CEO of Ocean Partners Holdings Limited has joined the Company's Board of Directors. Ocean Partners delivers financing and trading services to miners, smelters, and refiners by applying technical, commercial, financial, and political insight, bringing expertise in every aspect of the base and precious metals development and mining business. Simon Quick, CEO of Canadian [...]
Accelerating Timeline to Potential Cu-Zn-Pb-Ag Production at the 100%-owned Murray Brook Deposit: PEA Planned for H1 2025 Canadian Copper Inc. announced today the signing of a Term Sheet and Exclusivity Agreement providing the Company the exclusive right to acquire the Caribou Processing Plant Complex . The transaction represents a material acceleration and derisking step in bringing the Murray Brook Cu-Zn-Pb-Ag deposit [...]
Canadian Copper Inc. announced today based on discussions commencing in late 2023, the signing of a non-binding Memorandum of Understanding with Pabineau First Nation , also known as Oinpegitjoig L'Noeigati, a Mi'kmaq nation located South of Bathurst, New Brunswick. "If it takes a community to raise a child, it takes the same and more to develop a successful mining business that can deliver on each social, environmental [...]
Canadian Copper Inc. announced today the closing of the Chester Project asset sale and certain modifications to the previously announced Raptor Resources Ltd. transaction. Raptor has requested certain changes to the transaction agreements to which the Company has agreed to. The executed updated purchase agreements do not impact any cash component paid to Canadian Copper previously announced on September 10th, 2024 [...]
Canadian Copper Inc. announced today the approval of a second extension for the Initial Public Offering of Raptor Resources Ltd. and listing on the Australian Securities Exchange . Under the terms of the second extension, Raptor will transfer the Company a non-refundable advanced payment of $50,000 and is required to complete their IPO on or before September 27th, 2024. Next Steps and Accelerated Cash Payment of Turgeon [...]
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