Toronto, Ontario--(Newsfile Corp. - July 2, 2024) - Canadian Copper Inc. (CSE: CCI) ('Canadian Copper' or the 'Company') announced today that the Initial Public Offering Prospectus for Raptor Resources
Toronto, Ontario-- - Canadian Copper Inc. announced today that the Initial Public Offering Prospectus for Raptor Resources Ltd. will be lodged with the Australian Securities Exchange on or before of July 15, 2024. This transaction includes the sale and transfer of Canadian Copper's Option Agreement rights for the Chester and Turgeon Projects located in New Brunswick, Canada, for total possible consideration of $2,160,0001,2 in cash and shares.
"The Team at Raptor is working diligently to complete their Initial Public Offering and listing on the ASX. Their financing is already committed, and they are preparing to commence drilling at the Chester Project immediately after listing on the ASX. Canadian Copper and Puma Exploration will support this extension request as we strongly believe in this partnership.
"Raptor Resource Ltd is looking forward to completing our Initial Public Offering and listing on the ASX. We are excited to commence drilling immediately after listing to advance the Chester Project and commence exploration activities on the Turgeon Project. We thank Canadian Copper and Puma Exploration for their support of the extension and look forward to building on our relationships." Brett Wallace, Managing Director/CEO of Raptor Resource Ltd.https://images.newsfilecorp.
Mr. Michael Dufresne, M.Sc., P.Geol., P.Geo. is President and a Principal of APEX Geoscience Ltd. and is an independent QP. Mr. Dufresne is responsible for the Chester MRE and has reviewed and approved the geological information reported in this news release.Canadian Copper is a Canadian-based mineral exploration company with a copper and base metals portfolio of historical resources and grassroots projects. The Company is focused on the prolific Bathurst Mining Camp of New Brunswick, Canada.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/215195
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