Core Viewpoint - CopAur Minerals Inc. has successfully arranged a non-brokered private placement financing for gross proceeds of $400,000 to support its exploration initiatives and general working capital [1][5]. Financing Details - The offering consists of 4,000,000 units priced at $0.10 per unit, with each unit comprising one common share and one-half of a common share purchase warrant [2]. - Each whole warrant allows the holder to purchase an additional common share at $0.15 for a period of 24 months from issuance [2]. - An acceleration clause is included, allowing the company to shorten the warrant expiry to 30 days if the common shares trade at or above $0.22 for 10 consecutive trading days [3]. Investor Participation - The placement has been fully subscribed and allocated to a select group of participants aligned with CopAur's long-term vision, indicating strong investor confidence [4][5]. Use of Proceeds - Proceeds from the financing will be utilized to advance exploration initiatives and for general working capital purposes [5]. Company Overview - CopAur is focused on developing projects in mineral-rich regions of Nevada, with its flagship project being the Kinsley Mountain Gold Project, located 90 kilometers south of the Long Canyon mine [6].
CopAur Minerals $400,000 Non-Brokered Private Placement