Toronto, Ontario--(Newsfile Corp. - August 29, 2024) - 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
Toronto, Ontario-- - US Copper Corp is pleased to announce that it has completed a non-brokered private placement for aggregate gross proceeds of $200,000. The Private Placement involved the issuance of 6,666,667 units at a price of $0.03 per Unit. Each Unit consists of one common share in the capital stock of the Company and one warrant. Each whole warrant will entitle the holder to purchase one Common Share for $0.06 at any time within 2 years after closing.
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.Mr.
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.
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