Copper Quest Closes $1,927,000 Private Placement

Core Viewpoint - Copper Quest Exploration Inc. has successfully completed a non-brokered private placement, issuing 10,142,104 flow-through shares at a price of $0.19 per share, raising gross proceeds of $1,927,000 for exploration activities in British Columbia [1][2][3] Group 1: Private Placement Details - The private placement consists of flow-through shares, which will be utilized for Canadian exploration expenses and critical mineral mining expenditures [2] - The company paid cash finder's fees totaling $130,199.98 and issued 685,261 finder's warrants, allowing the holder to acquire one non-flow-through common share at an exercise price of C$0.19, expiring on December 5, 2027 [3] - The company may issue an additional 255,264 flow-through shares under the same terms by December 15, 2025, subject to a statutory hold period [5] Group 2: Company Strategy and Projects - The CEO of Copper Quest emphasized the company's focus on advancing its seven quality projects, including recent acquisitions, to enhance shareholder value through ground work and drilling in 2026 [3] - Copper Quest holds a 100% interest in several projects, including the Stars Property and the Nekash Copper-Gold Project, which are strategically located in key mining jurisdictions [10][11][12] - The company is committed to sustainable and responsible business practices, aiming to build shareholder value through project acquisition and development [14] Group 3: Industry Context - The copper market is facing persistent deficits due to rising global demand and challenges in new supply, highlighting the strategic importance of copper in the energy transition and modern infrastructure [9] - Recent U.S. policy changes, including import tariffs, underscore the need for resilient and localized resource exploration and development in the copper sector [9]