Core Viewpoint - Corcel Exploration Inc. has announced a non-brokered private placement to raise up to $2,000,000 by issuing up to 11,111,111 units at a price of $0.18 per unit [1][2]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.30 until 24 months after the closing date [2]. - The offering is expected to close around November 28, 2025, subject to customary closing conditions [4]. - The net proceeds from the offering will be used for exploration and working capital purposes [3]. Group 2: Company Background - Corcel Exploration Inc. is engaged in the acquisition and exploration of precious and base metals properties in North America [6]. - The company has a long-term lease for the Yuma King Cu-Au project in Arizona, covering 3,200 hectares with a history of copper, lead, gold, and silver production from 1940 to 1963 [6]. - Corcel also holds a 100% interest in the Willow copper project [6].
Corcel Announces Non-Brokered Private Placement