Company Raises Funds for Critical Mineral Exploration

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FINANCING,EXPLORATION,CRITICAL MINERALS

The company announced a financing offering consisting of flow-through shares and units, priced at $0.035 per NFT unit. Proceeds will be used to fund a drilling program at their flagship Rogers Creek Copper Project in British Columbia. The offering is subject to regulatory approvals and a four-month hold period.

”) at a price of $0.035 per NFT Unit. Each FT Unit and NFT Unit is comprised of one common share and one half common share purchase warrant . Each full Warrant is exercisable into a common share at a price of $0.07 for a period of 24 months from the closing of the first tranche of the OfferingThe Offering is subject to all necessary regulatory approvals including acceptance from the Canadian Securities Exchange.

The gross proceeds from the sale of the FT Shares, which will qualify as a “flow-through share” of the Income Tax Act ), will be used primarily to incur eligible Critical Mineral Canadian Exploration Expenses and will be used primarily to fund a drilling program at the Company’s flagship Rogers Creek Copper Project in BCThe Offering is scheduled to close in tranches and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the...

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Company Raises Funds Through Private PlacementA company announced the successful closing of two private placements. The first, a Flow-Through Private Placement, raised $150,040 at $0.22 per share. These proceeds will be used for Canadian exploration expenses. The second, a Non-Flow Through Private Placement, raised funds at $0.15 per Unit, each consisting of one common share and a warrant.
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